Economy / Policy
β’ SEBI expanded T+0 (same-day) settlement to the top 500 stocks and tightened insider trading norms, effective 2025. πΉπ
β’ Rupee recovered from a record low of 91.38 to ~89.58 after RBI intervention, though persistent FPI outflows remain a headwind. π¦π°
Companies
β’ Microsoft partnered with TCS, Infosys, Cognizant and Wipro to deploy 200,000+ Copilot licenses, accelerating enterprise AI transformation. πΉπ€
β’ IT sector bench strength plunged to ~10% in 2025 as companies abandon the buffer staffing model, indicating tighter utilization. ππΌ
β’ TCS and Infosys emerged as IT sector standouts with bullish reversal patterns, signaling recovery after 12 months of underperformance. ππΉ
β’ Auto stocks are poised for ~15% Q3 earnings growth, supported by rate cuts and festive demand carry-over. ππ
Global / World
β’ Indiaβs retail boom is expected to attract $3.5 billion over the next three years, while US shopping malls continue to weaken, as per Anarock. ππ°
