ETMutualFunds has shortlisted the top midcap mutual funds based on mean rolling returns, consistency over the last three years, downside risk, outperformance and asset size. The threshold is Rs 50 crore.
A viral 7,000-word Substack essay by Citrini Research founder James van Geelen sparked a sharp selloff on Wall Street by outlining a hypothetical 2028 Global Intelligence Crisis. The scenario imagines AI wiping out white-collar jobs, crushing software revenues, straining credit and housing markets, and triggering a deflationary economic cascade.
Piyush Pandey believes AI disruption fears for Indian IT stocks are overblown, with current valuations being "extremely comfortable." He sees long-term opportunities outweighing short-term volatility, predicting improved performance in FY27 compared to FY26 due to increased productivity and a shift to outcome-based projects.
Jamie Dimon warned markets resemble pre-2008 conditions, citing risky behaviour, elevated asset prices and AI-driven disruption. He said people are doing dumb things to make money, warned of cyclical downturns ahead, and cautioned that enthusiasm around artificial intelligence could destabilise software and technology sectors globally over time.
Vedanta Ltd shares surged upto 5% on Wednesday after BofA Securities upgraded the stock to Buy from Neutral and raised its target price sharply to Rs 840 from Rs 480. The brokerage turned positive on the back of a stronger outlook for aluminium and supportive silver prices, along with an estimated FY27 dividend yield of over 6%.
Gold reclaimed the Rs 1.6 lakh mark while silver surged Rs 7,200 on the MCX amid tariff uncertainty and geopolitical tensions. Experts expect continued volatility, with support from global cues and dollar movement, while advising cautious trading strategies as markets react to evolving macroeconomic and geopolitical developments.
Eternal, once a star stock, faces a slump. Competition in food delivery and quick commerce intensifies. Valuations were high, and a leadership change added uncertainty. While core businesses improve, investors seek predictable earnings. The company's strong cash position offers long-term support. Analysts suggest cautious accumulation.
With improving earnings visibility and more reasonable valuations, investors can deploy fresh capital in diversified equity strategies. Multi-cap and flexi-cap funds are well-positioned to capture opportunities across market segments. Broad-based growth is expected, driven by government initiatives and potential trade deal benefits.
