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Nvidia, valued at $4.3 trillion, could surpass Indias Rs 5.21 trillion equity market if shares hit $240. Driven by AI chip dominance, the stock has surged 1,400% since 2022. Analysts remain bullish ahead of Q2 earnings, with China growth and AI demand in focus.
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Several midcap stocks are delivering strong returns on equity above 50%, reflecting efficient management and solid business models. High RoE indicates financial health and growth potential.
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Shares of TCS and Infosys jumped over 3% after Investec and JP Morgan upgraded ratings with higher targets, citing long-term IT resilience. Analysts see recovery in H2 FY26, driven by AI-led transformation, cost efficiency, and robust order books despite near-term demand pressures.
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