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Stocks to buy: Nagaraj Shetti recommends Jamna Auto, Hindustan Copper shares to buy in the short-term●Bain Capital to acquire bubble tea chain Gong cha as rival MBK grapples with regulatory pressure at home●Iran and Oman Near Landmark Deal to Manage Strait of Hormuz●Neuland Laboratories shares jump over 6% after 975% YoY surge in Q1 profit●The homeowners selling up for a life on the water●ElizaOS token sinks 19% to record low after founder declares it ‘dead’●Navin Fluorine shares surge 8% after Q1 profit more than doubles. Should you buy, sell or hold?●PB Fintech shares gain 2% after Q1 results. Why Morgan Stanley, Nomura see up to 25% downside●Stocks to buy: Nagaraj Shetti recommends Jamna Auto, Hindustan Copper shares to buy in the short-term●Bain Capital to acquire bubble tea chain Gong cha as rival MBK grapples with regulatory pressure at home●Iran and Oman Near Landmark Deal to Manage Strait of Hormuz●Neuland Laboratories shares jump over 6% after 975% YoY surge in Q1 profit●The homeowners selling up for a life on the water●ElizaOS token sinks 19% to record low after founder declares it ‘dead’●Navin Fluorine shares surge 8% after Q1 profit more than doubles. Should you buy, sell or hold?●PB Fintech shares gain 2% after Q1 results. Why Morgan Stanley, Nomura see up to 25% downside●

Asia

How LIC minted Rs 21,000 crore in mark-to-market gains by betting against AI panic in 3 top IT stocks

Markets-Economic Times · 2h ago · 🇮🇳 India

How LIC minted Rs 21,000 crore in mark-to-market gains by betting against AI panic in 3 top IT stocks

LIC gained over Rs 21,000 crore from three top software exporters. This paper profit materialized within thirty-five days after a contrarian investment strategy. The insurer accumulated shares of Infosys, TCS, and HCL Technologies during the June quarter. This move reversed earlier investor pessimism surrounding artificial intelligence disruption fears. The IT sector has since rallied, reversing earlier sector pessimism.

Read the full story at Markets-Economic Times →

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