The Economic Times

Indian IT stocks have seen significant value erosion this year. However, Coforge and LTIMindtree have shown resilience and growth. These companies are performing well due to strong deal wins and AI integration. Analysts see mid-tier firms as more attractive than large caps now. Their performance offers investors a rare stable option in the sector.

Despite a recent recovery, several Nifty50 heavyweights continue to trade well below their 52-week highs. Data from ACE Equity shows 12 blue-chip stocks remain 2035% below their peak levels, highlighting pockets of weakness amid ongoing market volatility.

Axis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a revival in private capex, resilient domestic demand and improving earnings. The brokerage remains overweight on BFSI, healthcare and capital goods, while cautioning that global risks and elevated valuations could trigger near-term volatility.

The Indian quick-service restaurant (QSR) sector is entering a favourable phase after a challenging period, according to Motilal Oswal Financial Services. The brokerage believes easing valuations, improving operational trends, and long-term consumption growth could support a recovery in QSR stocks. It remains selective in the space and highlights Jubilant FoodWorks, Sapphire Foods India, Westlife Foodworld, and Devyani International as key picks.

HSBC says India could attract up to $25 billion in foreign equity inflows if underweight global emerging-market funds restore allocations to neutral. Improving earnings, resilient domestic demand and lower relative volatility strengthen the case, with the brokerage favouring financials, autos, retail, hospitals and select industrial stocks

BSE reported a 62% rise in Q1 profit compared to the previous year. Revenue from operations increased by 63%, underlining strong financial performance. Contributions from investment income further enhanced this success. Analysts highlighted varied target prices, affected by regulations on trading volumes. Though the stock's short-term performance is mixed, it signals potential for significant long-term growth.

On August 4, four stocks in the Nifty500 closed more than 2% above their Volume Weighted Average Price (VWAP), according to StockEdge's technical scan data. A close above the VWAP is considered a bullish signal, indicating stronger buying momentum during the session and the potential for further upside.

Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock.

'6,600 noncitizens on voter rolls': Leavitt says Trump wants full investigation, calls for SAVE Act

Activist Sonam Wangchuk urged supporters of the ongoing students' movement to remain peaceful. He expressed pain over reports of anti-social elements attempting to provoke violence elsewhere. Wangchuk stated that peace is his only way, and responses must be like flowers. His appeal followed a recent march where protesters faced police action and alleged harsh measures. The movement began on June 20, demanding accountability and reforms in competitive examinations.

Delhi Metro station closures: Seventeen Delhi Metro stations will remain closed from 7.30 am on Friday, July 24, due to heightened security around the ongoing CJP protest. The demonstration over the alleged NEET-UG 2026 examination irregularities continues at Jantar Mantar. Commuters are advised to check DMRC updates before travelling.

'Never going to be a communist country': Rubio issues fiery warning to China over poll interference

Whyre you making your political opinions history?: Dr Murphy erupts at Witnesses over activism

WTO members questioned India's trade policies at a recent review. Concerns included quality orders and abrupt tariff changes. India defended its policies as vital for public objectives. Schemes like PLI and agricultural support also faced scrutiny. Members sought greater transparency and predictability in trade practices.

Protests over the NEET paper leak erupted across Bihar on Thursday. Many students and at least fourteen police personnel sustained injuries during the demonstrations. Agitators hurled stones and vandalized government and railway properties in several districts. Police responded with baton charges and aerial firing to disperse the unruly crowds. Authorities have initiated investigations and arrests to address the violent incidents.

FDA Recalled Eggs: Nearly 1.6 million dozen eggs have been recalled due to potential Salmonella Enteritidis contamination. Midwest Poultry Services voluntarily recalled the white shell and brown cage-free shell eggs produced at its Texas facilities. The affected eggs were distributed to several retailers across multiple states. Consumers are advised not to eat the recalled eggs and to follow FDA guidance on their disposal or return.

Tibetan Proverb of the Day highlights the meaning of It is better to live for one day as a tiger than to live for a thousand years as a sheep. The saying emphasizes that a life lived with courage, purpose, and self-respect is more valuable than a long life spent in fear or quiet submission. It encourages people to face challenges boldly, stand firm in their beliefs, and pursue meaningful goals instead of settling for comfort or allowing fear to limit their potential. True fulfillment comes from

Lunatics & crazies: Rubio explodes; vows to ramp up crackdown on International Criminal Court

Japanese mindset of the day: Explaining concepts to others strengthens personal knowledge and reveals areas needing further study. This process helps organize thoughts and clarify details for better comprehension. Unexpected questions can highlight memorized answers without true underlying understanding.

You call transgender surgery for minors non-partisan?: Michael Cloud goes off at ABA Director

Whore the good guys, Israel or Hamas?: Jordan ridicules Bar Association Chief over Oct 7 attack

Protecting pedophiles & sex traffickers: Crockett rains hell on Todd Blanche in fiery hearing

Jantar Mantar, built in 1731, served as an astronomical observatory for centuries. The adjoining road later became India's primary site for democratic dissent. Authorities restricted protests at Boat Club, shifting them to Jantar Mantar by 1993. The Supreme Court regulated demonstrations, balancing rights and public order concerns. This historic landmark now symbolizes both scientific inquiry and enduring public expression.

2026 Super El Nio forecast: Scientists closely monitor the El NioSouthern Oscillation (ENSO) for signs of a potential super El Nio. These powerful climate events can trigger extreme weather, disrupt agriculture and affect economies worldwide. Previous super El Nio events have caused severe flooding, widespread drought and significant economic losses. Researchers are also exploring experimental technologies that could potentially weaken future El Nio events.

Bangladesh President Mohammed Shahabuddin will resign from his post this Friday. This development follows Sheikh Hasina's announcement of her return from exile. Hasina was sentenced to death in absentia for ordering a student uprising crackdown. Public pressure mounts on Prime Minister Tarique Rahman's government to remove Hasina's allies. Parliament speaker Hafiz Uddin Ahmad may serve as interim president.

Bangladesh President Mohammed Shahabuddin will resign from his post this Friday. This development follows Sheikh Hasina's announcement of her return from exile. Hasina was sentenced to death in absentia for ordering a student uprising crackdown. Public pressure mounts on Prime Minister Tarique Rahman's government to remove Hasina's allies. Parliament speaker Hafiz Uddin Ahmad may serve as interim president.

Icelandic Proverb of the day offers an important reminder that character remains the true measure of success. Wealth, recognition, and achievement may open new doors, but values determine how those opportunities are used. For modern readers, this timeless Icelandic proverb should be understood not as an absolute rule but as a thoughtful warning. Prosperity itself is neither good nor bad. What matters is how individuals respond to it. Success can either reinforce humility, gratitude, and integrit

Today's Chinese proverb of the day reminds us that real success is never created overnight. It takes more than one cold day for the river to freeze three feet deep is a timeless lesson on patience, perseverance, consistency, and personal growth. This ancient Chinese wisdom encourages you to trust steady progress, stay disciplined, and remember that every great achievement begins with small daily efforts.

Japanese Mindset: Shinrin-yoku, a Japanese practice, involves immersing oneself in forest atmospheres. This mindful approach uses all five senses to reconnect with nature. Introduced in the 1980s, it combats urban stress and burnout. Scientific studies now support its mental and physical health benefits. This simple practice encourages slowing down and being present in nature.

Japanese proverb of the day explains the meaning of the traditional saying, Day has its eyes, night has its ears. The proverb reminds people that actions and words are rarely completely private. It teaches watchfulness, caution, integrity and accountability. Its lessons remain useful in personal relationships, workplaces and social life, encouraging people to make careful choices and speak responsibly in every situation.

Jaishankar was speaking at the 33rd ASEAN Regional Forum (ARF) Ministerial Meeting in the Philippine capital Manila, where he recognised the forum's importance for discussing political and security issues in the Indo-Pacific.

Quote of the day: Tom Cruise suggests that valuable lessons can come from both winning and losing. He believes victories build confidence, reinforce good decisions and reflect the effort and determination behind success. His perspective encourages people to celebrate their achievements and learn from them, while recognising that both success and failure contribute to personal growth.

The 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the Trump administration announces an extension or a new tariff regime.

Maasai Proverb of the Day highlights the meaning of It is impossible to find a man who has everything, but it is possible to find one who enjoys the things he has. The saying reflects how happiness is often shaped by gratitude, perspective, and the ability to appreciate what is already present rather than constantly chasing more. It suggests that while having everything may be impossible, finding joy in lifes blessings, experiences, and relationships is a choice that depends on personal mindset

Superstar Salman Khan urged NEET protestors to return home and trust government action. He emphasized student safety and education as top priorities for the nation. Prime Minister Narendra Modi announced fast-track courts for swift punishment in paper leak cases. Khan also appealed to activist Sonam Wangchuk to end his hunger strike. Students have been protesting at Jantar Mantar demanding reforms and justice.

LIVE: Karoline Leavitt faces tough questions as White House holds press briefing amid Iran tensions

The US House passed a resolution directing President Trump to halt military action against Iran. This measure, largely symbolic, requires congressional authorization for any further hostilities. Four Republicans joined Democrats in supporting the resolution, which passed by a narrow margin. The vote occurred after Trump warned of major military punishment for Iran and its Houthi allies. The ongoing conflict continues despite the symbolic congressional action.

Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints the Strait of Hormuz and Bab el-Mandeb at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers in the Red Sea have put alternative export routes at risk.

Houthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in the Red Sea. This action escalates tensions and risks wider regional conflict. The vital strait connects the Red Sea to the Gulf of Aden. Disruption here could significantly impact international shipping and oil supplies.