​The kind of exposure that you have in your portfolio should be such that in the worst case at least the relative damage from a sector point of view, from a bottoms-up point of view should be as limited as possible, that is the approach we have taken in our portfolio while remaining cognisant to the risk which is emerging every alternate day on a new front.

Wipro faces revenue growth challenges, particularly in Europe, despite growth in America. The company focuses on large deals and cost optimization to maintain profitability amidst margin pressures. Strategic priorities include targeting key accounts, building AI-powered solutions, and upskilling talent. Wipro is committed to returning capital to shareholders while navigating uncertain market conditions.

Rahul Sharma of JM Financial Services advises booking profits on Nifty longs due to resistance levels and gap-up driven rally. He suggests focusing on banks and financials, particularly Cholamandalam Finance and Bank of Baroda. Adani Ports is also highlighted for potential upside. He recommends underweighting midcaps and smallcaps, favoring largecaps and sectors like domestic consumption.

Indian benchmark indices rebounded strongly, fueled by robust buying in financial stocks despite global economic concerns. The surge was driven by positive FII inflows, trade talk optimism, and a weakening dollar. Additionally, U.S. tariff exemptions and stable crude oil prices further bolstered investor sentiment, contributing to the market s upward trajectory.

IDFC First Bank aims for a stable 20% growth, fueled by a recent capital raise of ₹7,500 crores, increasing their capital adequacy ratio to 19%. This infusion provides a buffer against global economic uncertainties and supports the bank s ambition to achieve a AAA rating.

Dennis highlighted that in the current geopolitical climate, countries not directly impacted by U.S.-China tariff tensions are seen as more attractive for investment. These markets may offer relatively stable opportunities amid global trade uncertainty.

Shares of Paytm operator One97 Communications saw a fell over 2 percent to the intraday low of Rs 846.3 apiece around 10:15 a.m. today, before stabilising to trade near 1.5 percent. The scrip was trading 1.68 percent lower as of 2:18 p.m., compared with a 1.85 percent rise in the benchmark Sensex.

Indian equity markets approach a long weekend. Experts suggest reassessing positions after a significant rally. Nifty faces a key resistance zone, potentially leading to consolidation. JM Financial advises profit-taking in Nifty. Banking and financial sectors remain strong. Cholamandalam Finance, Bank of Baroda, and Adani Ports are highlighted as attractive stock picks. Adani Ports is preparing for a big reversal.