The Economic Times (India)
보수 성향
IT/기술
The Economic Times · "POWERFUL" · 총 11건
필터 보기현재 지수
50.5
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 726건을 분석한 결과, 뉴스 심리지수는 50.5(균형)입니다. 긍정 108건(14.9%)·중립 517건(71.2%)·부정 101건(13.9%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 100.0(강한 보수 경향)입니다.
The shares of Indian IT companies including Infosys, TCS and others continued to record sharp gains on Tuesday, pushing the Nifty IT over 3% higher even as the broader Nifty index slipped into the deep red.The Nifty IT index extended gains for the third consecutive session, jumping around 7% during the period to hit a high of 30,785 on Tuesday. Nifty crashed 3% during the same time to trade below 23,250.Infosys shares gained more than 4% to trade at Rs 1,257.90 apiece in the morning trading hours of Tuesday. The heavyweight IT stock has now gained nearly 9% in just three sessions. The shares of Tata Consultancy Services (TCS) meanwhile jumped around 3.5%.Mphasis and LTI Mindtree shares jumped nearly 3% each, while HCL Technologies, Coforge, Tech Mahindra and Persistent Systems shares jumped around 2% each. Wipro shares were trading in the green with marginal gains.What’s driving the rally in IT stocks?The sharp surge in IT stocks comes after a significant decline earlier this year, following the launch of plug-ins for AI startup Anthropic's Claude Cowork agent, which could automate tasks across legal, sales, marketing, and data analysis. "We call it the ‘SaaSpocalypse,’ an apocalypse for software-as-a-service stocks," Bloomberg quoted Jeffrey Favuzza from the equity trading desk at Jefferies.While analysts continue to debate the future of IT companies following fresh AI advancements, investors were quick to analyse the cheap valuations, leading to some pockets of buying. Nuvama, in its note, had highlighted that the IT sector is setting up for a powerful comeback, not a collapse after the brutal AI-driven selloff.“We see no existential threat from Gen-AI,” the brokerage writes, arguing that enterprises will still need a “system integrator” to customise plug-and-play AI and software tools for their highly complex, brownfield technology stacks and to take ownership when “the system fails at 2 am.”The latest round of buying also comes ahead of the Federal Reserve’s policy meeting next month, which would be the first under Chair Kevin Warsh. US President Donald Trump had selected Warsh partly on expectations that he would support lower borrowing costs to stimulate economic growth. However, rising inflation raised questions over the possibility of lowering rates."Indian IT firms are following suit of American companies like Anthropic and OpenAI by taking up contracts and tie-ups which are perceived as promising by investors," said Gaurav Sharma, head of Research, Globe Capital.Arbind Maheswari from BofA Securities told ET Now that the market globally is attracting flow towards only one story, at the front and centre of it is tech and AI. It is hard to pull away from that fact with a near-term vision. “There are people who believe that the whole business model of Indian IT services is put to question by the AI trade. The other side is that IT services companies will evolve and adapt and they have enough cash flow, they have the resilience, and they have shown this in the past where there were threats that seemed existential for the IT services space. This time obviously it is much bigger and it could last longer but I am sure there is enough that these companies have in them both in terms of depth of management and business models that they can evolve to adapt to the new AI world,” he added.Wipro to acquire additional stake in Aggne Global for $28.5 millionWipro announced that it will acquire an additional 20% stake in US-based insurtech company Aggne Global Inc through an all-cash transaction worth $28.5 million. The company said the transaction is expected to be completed by June 5.Earlier this year, the company acquired Mindsprint for $375 million as part of a broader $1 billion transaction with its parent, Olam Group. It also purchased select customer contracts from US-based Alpha Net Consulting LLC and its subsidiaries for $71 million.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Shares of Indian IT companies, including heavyweights Infosys, Tech Mahindra, TCS and Persistent Systems jumped up to 5% on Monday as multiple tailwinds boosted investor sentiment, pushing the Nifty IT index up around 3% to emerge as the top sectoral gainer.The index rose to 29,905 in the morning trading hours of Monday, extending sharp gains for the second consecutive session. The index has now jumped nearly 4% over two days.The sharp surge in IT stocks comes after a significant decline earlier this year, following the launch of plug-ins for AI startup Anthropic's Claude Cowork agent, which could automate tasks across legal, sales, marketing, and data analysis. "We call it the ‘SaaSpocalypse,’ an apocalypse for software-as-a-service stocks," Bloomberg quoted Jeffrey Favuzza from the equity trading desk at Jefferies as saying.While doomsday prophets continue to debate the future of IT companies following fresh AI advancements, investors were quick to analyse the cheap valuations, leading to some pockets of buying. Nuvama, in its note, had highlighted that the IT sector is setting up for a powerful comeback, not a collapse after the brutal AI-driven selloff.“We see no existential threat from Gen-AI,” the brokerage writes, arguing that enterprises will still need a “system integrator” to customise plug-and-play AI and software tools for their highly complex, brownfield technology stacks and to take ownership when “the system fails at 2 am.”Also read: Reports of my death are greatly exaggerated! Why Nuvama is screaming buy on all top 10 IT stocksThe latest round of buying also comes ahead of the Federal Reserve’s policy meeting next month, which would be the first under Chair Kevin Warsh. US President Donald Trump had selected Warsh partly on expectations that he would support lower borrowing costs to stimulate economic growth. However, rising inflation raised questions over the possibility of lowering rates.Technical view on Nifty ITThe Nifty IT index has witnessed a strong rebound after taking support near its crucial support zone, indicating the possibility of a short-term recovery in the sector, Kunal Kamble, Senior Technical Research Analyst at Bonanza had said. “On the hourly time frame, the index is currently forming an inverse Head and Shoulders pattern. A decisive breakout is seen above the neckline of this pattern and has triggered further upside momentum in the index. Such a move is likely to positively impact heavyweight IT stocks that share a high correlation with the index, including Infosys, Tata Consultancy Services, and HCL Technologies,” he added.Technically, the analyst had suggested that if the index manages to sustain above the 29,650 mark, it may open the door for a further recovery towards the 31,280 zone in the near term. However, he added that the current price action appears to be a retracement within the broader trend rather than a complete trend reversal. Therefore, traders should approach the sector with a cautious outlook.“Aggressive or high-risk traders may consider short-term trading opportunities in select IT counters, provided the index maintains strength above key support levels. On the downside, a breach below 28,800 could once again invite selling pressure across the Nifty IT index and associated IT stocks, potentially weakening the ongoing recovery structure,” he said.IT stocksPersistent Systems shares were the top gainers on the Nifty IT index, jumping nearly 5%. Infosys shares followed, surging nearly 4%. Mphasis, Tech Mahindra, LTI Mindtree and Coforge shares gained over 3% each.Also read: Wockhardt shares rocket 19% after FDA approval for antibiotic targeting drug-resistant infectionsTata Consultancy Services (TCS) and OFSS shares jumped around 2% each, while HCL Technologies and Wipro shares gained around 1% each.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
New Delhi: Defeat on the mat did not make Vinesh Phogat feel like a loser.After her comeback bid ended in the Asian Games selection trials on Saturday, the former world championships medallist declared that she had already won by returning to competition after motherhood and by standing up to a system she claimed had done everything possible to keep her away from wrestling."I have not failed at all. I am fighting the whole system and I am still standing with pride on the mat again," Vinesh toldafter her 4-6 semifinal loss to Meenakshi Goyat, while reiterating her ambition of competing at the 2028 Los Angeles Olympics.Minutes after suffering defeat, Vinesh launched a scathing attack on the wrestling administration, alleging discrimination, mental harassment and attempts to block her return to competitive wrestling despite court orders in her favour.Also read | IPL 2026 Purple Cap winner list: Most wickets, updated standings and bowling rankings"They wanted to stop me from returning to the mat, but I am standing here again. I am proud of what I have achieved in these 10 months."I know the system will continue to create challenges for me, but I have hope that through hard work I can leave the system behind and move forward," she added, refusing to view the semifinal defeat as a setbackVinesh, who was competing for the first time since her heartbreaking disqualification from the Paris Olympics final in 2024, said her biggest achievement was returning to elite competition after childbirth. She said returning to competition after motherhood and after months of legal and administrative battles felt like a victory."It has been only 10 months since my son was born. I am standing on the mat again and competing against the younger generation. I am proud of myself. I hope I can inspire my son and many women wrestlers," she said.Vinesh described the Delhi High Court order that enabled her participation in the trials as a landmark moment for women wrestlers seeking to return after motherhood."A girl is coming back to the mat after becoming a mother. The path has opened. Sooner or later there has to be a policy. Women wrestlers who want to return after becoming mothers should get a fair opportunity and some relaxation," she said.The 31-year-old alleged that even after the court's intervention, officials continued to create obstacles for her.Also read | Liverpool sack Slot after title defence turns into European scrambleShe said that she spent nearly an hour arguing with officials on Saturday morning after being informed she would be allowed to compete only in the 50kg category despite wanting to participate in 53kg."When I should have been focusing on my recovery and preparation, I was arguing with officials. They gave me a letter saying I could compete only in 50kg. It was mental harassment," she said.Vinesh claimed that the entire process was designed to put her at a disadvantage, alleging that stronger wrestlers were deliberately placed in her draw and that scheduling decisions drained her energy before the semifinal."I was not given a fair deal. All the strong girls in my category were put in my path. The bouts were scheduled in a manner that affected my energy levels," she alleged.Despite the grievances, Vinesh accepted responsibility for her defeat and admitted that a lack of competitive exposure and endurance hurt her performance."I accept my defeat. I will work harder and return stronger. Fitness and endurance were issues, but more than that, I needed competitions. I had not competed for nearly two years. This was my first tournament after becoming a mother," she said.She insisted that Saturday's performance convinced her that she still has enough ability to compete with the country's best wrestlers."I was motivated today. I know I can beat the younger girls. I still have that courage and belief. If I work hard, I know I can come back stronger."Asked whether the 2028 Los Angeles Olympics remained a target, Vinesh replied in the affirmative."Definitely. I have come back to the mat for Los Angeles," she said.The wrestler reserved some of her strongest criticism for the sports administration, questioning why no institution had intervened despite repeated disputes surrounding her participation."The government, the Sports Ministry, the IOA -- nobody is taking a stand. This is very sad. If athletes have to survive despite the system, then something is seriously wrong," she said.She also alleged that many young wrestlers privately supported her but were afraid to speak openly against administrators."A lot of girls were happy to see me back on the mat. They come and talk to me but they are scared. They know what can happen if they speak against powerful people," she said.Vinesh, however, clarified that she has no complaints against fellow wrestlers and said athletes should not be blamed for the larger issues within the sport."The kids are not at fault. I don't have anger towards any athlete. The problem is with the people who manipulate and control the system," she said.
In an environment where global equities are swinging between optimism around AI-led growth and anxiety over persistent inflation, elevated interest rates, and geopolitical uncertainty, investors are once again being tested, not on intelligence, but on psychology.Charlie Munger’s famous list of “human misjudgment tendencies” is not just a philosophical framework. It is, in today’s market, a practical survival guide.Markets in 2026 are still being shaped by three dominant forces:(1) higher-for-longer interest rates, (2) liquidity concentration in a few mega-cap stocks, and (3) emotionally driven retail participation.Against this backdrop, Munger’s behavioral warnings feel unusually relevant.1. The real enemy is not volatility, but emotional distortionMunger repeatedly warned that investors don’t lose money because they lack information, they lose because they misprocess it.Today’s markets amplify that problem.Every CPI print, Fed commentary, or geopolitical headline triggers immediate overreaction. Investors are constantly pulled between fear of missing out (FOMO) in AI-led rallies and fear of correction during rate jitters.This is a classic combination of:Availability bias (overweighting recent news)Social proof (following crowded trades)Stress-induced reaction (panic buying or selling)In Munger’s language, this is the setup for “avoidable stupidity.”2. “Envy and FOMO” are silently driving modern portfoliosOne of Munger’s strongest warnings was about envy, not as emotion, but as a financial destroyer.In today’s market, envy doesn’t look like jealousy of a neighbour. It looks like:Chasing AI stocks after they’ve already rerated sharplyComparing portfolio performance with index benchmarks dailyAbandoning long-term positions because “others are making faster money”When liquidity is abundant in a narrow set of names, envy becomes structurally embedded in portfolio behaviour. Investors are no longer asking “Is this a good business?” but “Am I missing this move?”That shift is dangerous in a market where leadership is concentrated and reversals can be abrupt.3. The “Lollapalooza effect” is stronger than everMunger described the Lollapalooza effect as multiple biases reinforcing each other into extreme outcomes.Today’s version looks like this:Social media hype amplifies narrativesAlgorithmic flows reinforce momentumPassive inflows concentrate capital into large indicesRetail traders amplify short-term spikesThe result: prices detach from fundamentals faster, and corrections become sharper when sentiment shifts.This is why today’s rallies often feel effortless, but reversals feel violent.4. Overconfidence is rising with “easy market memories”A prolonged period of strong returns, especially in largecap tech, creates what Munger called “excessive self-regard”.Many investors now assume:“Buying dips always works”“Quality stocks never go down much”“The Fed will rescue markets eventually”But in a higher-rate regime, that assumption is no longer guaranteed. Valuation compression risk is real, and earnings must now do more of the heavy lifting.Confidence built in one regime often breaks in another.5. The biggest risk today: avoiding pain too aggressivelyOne of Munger’s less discussed but critical ideas is “pain-avoidance behavior”.In today’s context, it shows up as:Selling winners too early to “lock in gains”Avoiding fundamentally strong but volatile sectorsSitting excessively in cash due to fear of drawdownsIronically, in trying to avoid discomfort, investors often underperform the very market they are trying to survive.6. What works in today’s market: Munger-style disciplineIf we translate Munger’s philosophy into today’s environment, a few principles stand out:(1) Concentrate only when conviction is realNot based on stories, but on durable cash flows and long-term pricing power.(2) Expect volatility as a feature, not a flawEven high-quality companies will see sharp drawdowns in a rate-sensitive world.(3) Reduce decision frequencyMost mistakes come from over-trading emotional signals disguised as “information.”(4) Build a bias checklistBefore acting, ask:Am I reacting to news or value?Am I following the crowd?Would I make this decision in isolation?7. The current market lesson in one lineIf Munger were observing today’s markets, the warning would likely remain unchanged:“The biggest returns still come from avoiding obvious psychological errors, not from predicting the next move.”Bottom lineToday’s markets are not irrational, but they are emotionally amplified. Liquidity, technology, and information speed have not removed human bias; they have accelerated it.That is exactly the environment where Munger’s framework becomes most powerful. Because in the end, investing success is still less about knowing more, and more about misbehaving less.
LONGVIEW, Wash: From his living room window, Washington state Sen. Jeff Wilson can see the paper mill where a chemical tank ruptured this week in Longview, killing 11 people. He used to perform work there as the owner of an environmental cleanup company, and when he heard the sirens go past, he called his son, who works on the larger industrial site, to make sure he was safe."I personally have been inside that tank and near that tank many times," said Wilson, who has lived in Longview for 56 years. "I can assure you that we all know somebody there. ... The casualties are our friends and neighbors."The tank, which contained more than 500,000 gallons (1.9 million liters) of a mixture used to break down wood for making paper, collapsed Tuesday morning at the Nippon Dynawave Packaging Co. The rupture expelled a flood of caustic chemicals powerful enough to overturn pickup trucks and damage buildings at the site.Also Read: Six dead, several injured as part of under-construction bridge collapses in Uttar PradeshThe chemical disaster, one of the deadliest U.S. workplace accidents in recent decades, has struck at the heart of a community where generations of families have worked in local mills. Longview itself was founded by a timber baron to support the first mills established there, and over its roughly century-long history, residents' lives have become intertwined with the lumber and paper industries.Supporting victims and worrying about the futureAmid immediate concern about supporting grieving families, there is also worry about what the accident could mean for the future of the plant: It provides crucial jobs in an industry that once powered the forested region but has dwindled in recent decades.The plant's parent company, Tokyo-based Nippon Paper Group, said in a statement that it was assessing the accident's impact on its financial performance."Last night at the vigils, people who work in mills told me that they're proud of their jobs and they're proud of their work, and they don't want to lose it," U.S. Rep. Marie Gluesenkamp Perez, whose district includes Longview, told reporters Wednesday.Residents who spoke with The Associated Press similarly highlighted how important those jobs are for the city."If you're a waitress, a grocery store worker, a teacher, a paraeducator as I was for 30 years - every walk of life here knows somebody and is related to somebody from these mills," Cindy Stiebritz said in the antiques store where she volunteers.Generations in the millsStiebritz said her husband's parents met while working at the lumber company owned by the city's founder, Robert A. Long."Those mills, that is the backbone of this town," Stiebritz added. "You feel like you've lost part of your family."Longview's industrial zone lies along the Columbia River and hosts timber, paper and chemical businesses. Many residents in the city of nearly 40,000 can see the facilities or the steam from the boilers from their homes, or smell the sulfuric odor of the pulp and paper industry.The city's mill history is also imprinted on its downtown, where R. A. Long Square serves as a central landmark and gathering place, including for the vigil held after the disaster. A park around a man-made lake, another project of Long, features a burst of greenery where pedestrians enjoy its walking paths or the nearby tree-lined streets.Authorities said the cause of the tank's collapse is still under investigation. The facility, which dates to 1953 and employs about 1,000 people, makes material for tissues, printing paper, cups, plates, cartons and other goods.According to fundraisers organized for the victims' families, those who lost their lives include a grandfather who was always willing to help anyone; two brothers, one of whom was the sole provider for his partner and three children; and a husband who left behind two children and a wife with a baby on the way.Brianna Pesio, a server at the Mill City Grill downtown, said her father has worked at the plant for over 30 years. She described the fear Tuesday morning when her brother, who works at the lumber mill next door, told her he couldn't get a hold of him."I just didn't know if I lost my dad or not," said Pesio, whose husband also works in a paper mill. "I drove over to my dad's house and pounded on his door until he did wake up. He had just gotten off shift at 5 a.m."At the nearby Country Folks Deli, longtime server Gayle Leavitt said her in-laws also worked at the mill for decades, adding: "That's how this town has survived."'This is not the virtual world'Officials representing the area echoed the pride residents take in the mills and the economic importance of their good-paying jobs in a region where other areas have been hit hard by the decline of the timber industry."This is a place where real people make real things. This is not the virtual world," state Rep. Jim Walsh said at a news conference at the plant on Tuesday. "Real things and real industry always carries risks. But it's our job to make sure that risk like this is well managed and, to the extent it can be, controlled."Stiebritz, the antiques shop volunteer, said she hopes authorities find out the cause "so it never happens again.""If anything comes out of it, I hope lives can be saved," she said, tearing up as she thought of the children who have lost their parents."This town is family. It's one big family," she added. "But we'll make it though. We're strong. We've got a lot of love."
US President Donald Trump said on May 29 that Iran must commit to never developing a nuclear weapon and ensure unrestricted shipping movement through the Strait of Hormuz, while indicating that discussions involving Tehran, Washington and international agencies were moving towards a possible understanding on key security issues in the region.In a post on Truth Social, Trump said the Strait of Hormuz should remain open without any restrictions or tolls for commercial shipping traffic in both directions. He also claimed that naval restrictions imposed earlier in the region would be lifted, allowing stranded ships to resume movement.Trump further said any water mines present in the strategic waterway would be removed or destroyed in coordination with Iranian authorities. He claimed that US naval operations had already neutralised several mines in the region.Also read | US inflation rises to 3.8% in April, highest level in nearly 3 years"The enriched material, sometimes referred to as “Nuclear Dust,” which is buried deep underground with virtually collapsed mountains, caused by our powerful B2 Bomber attack 11 months ago, sitting on top of it, will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED. No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to," Trump's post read."I will be meeting now, in the Situation Room, to make a final determination. Thank you for your attention to this matter!" he signed off.The remarks come amid heightened geopolitical tensions in West Asia and renewed global concerns over Iran’s nuclear programme, maritime security and crude oil supply disruptions. The Strait of Hormuz remains one of the world’s most critical oil transit chokepoints, handling a significant share of global crude and LNG shipments.Any disruption in the waterway has historically triggered volatility in international oil markets and raised concerns among major energy-importing nations, including India.Also read | US goods trade deficit narrows in April on strong exportsTrump also referred to Iran’s enriched nuclear material, saying the stockpile buried underground after a previous US B-2 bomber strike would be excavated and destroyed under international supervision. He said the process would involve close coordination between the United States, Iran and the International Atomic Energy Agency (IAEA).According to Trump, no financial exchange would take place as part of the proposed arrangement until further decisions are taken. He added that several other issues had also been agreed upon, though he did not elaborate on details.The former US president said he would meet officials in the Situation Room before taking a final decision on the matter.The comments assume significance as tensions between the US and Iran have remained elevated over Tehran’s nuclear activities, sanctions and regional security concerns. Recent developments in the Middle East have also intensified fears of escalation that could impact global trade routes and energy prices.International crude oil markets have remained highly sensitive to developments surrounding Iran and the Strait of Hormuz. Analysts have warned that any prolonged uncertainty in the region could affect fuel prices, shipping costs and supply chains globally.India, which imports a majority of its crude oil requirements, closely monitors developments in the Gulf region as volatility in oil prices has direct implications for inflation, fuel costs and the country’s trade balance.
Jeff Bezos' space firm Blue Origin said on Thursday it experienced an anomaly during a hot-fire test, as visuals on social media showed its New Glenn rocket explode in a fireball.A hot-fire test is where a rocket engine is fired up while anchored to the ground. All personnel are accounted for, Blue Origin said in a post on X.— SpaceflightNow (@SpaceflightNow) Blue Origin has spent billions of dollars and roughly a decade developing New Glenn, a rocket 29-stories high with a reusable first stage meant to compete with SpaceX's Falcon fleet and its more powerful Starship.The Federal Aviation Administration did not immediately respond to a Reuters request for comment.