📊 Market Commentary
Everyone’s fixated on the headline grabbers—those mega-cap AI spenders—but they’re missing the flip side in emerging IT plays. Articles like “AI disruption in IT: Nilesh Shah says it’s too early to panic; also India's earnings are finally turning” from The Times of India show aggregate margins inching higher despite muted corporate budgets. If Citi, UBS and Nomura are flagging select midcaps at single-digit multiples, you’re staring at the kind of value opportunity that Wall Street forgot. Meanwhile, big names are trading on narrative risk instead of fundamentals, and that disconnect could spark a surprise repricing. It’s an underappreciated catalyst, and it stinks of a classic misallocation in progress.
At first glance, Brussels’ digital-euro tussle has nothing to do with Mordor Intelligence’s “Smart Lighting Market - $67.83B, 19.77% CAGR by 2031, Globally, Says Mordor Intelligence”, but both stories underscore the same theme: governments want to pick winners. Mike Dolan’s warning in “‘Global euro’ may have to come with some FX lift: Mike Dolan” suggests political meddling ahead—just as energy-efficiency subsidies prop up the $68 billion smart lighting narrative. If policymakers yank support mid-cycle, your thematic thesis could blow up. Markets rarely price in about-faces until it’s too late, and that’s the hidden trap.
Here’s your action plan: scan those single-digit multiple IT midcaps flagged by Nomura and UBS, but keep a close eye on regulatory threads. If the RBNZ spooks local banks today, global sentiment may twist against high-beta tech again. And don’t get seduced by “green” narratives until you see subsidy renewals. Be nimble, cut losers swiftly, and allocate size where policy risk is minimal—because when the pitchforks come out in Brussels or Wellington, they won’t ask if you’re long the right story.
📈 Breaking Financial News
The Times of India
Hindalco, NALCO downgraded to ‘reduce’ by InCred Equities. Here are 3 reasons why
Hindalco and National Aluminium Company shares fell Tuesday. A brokerage firm downgraded both companies. They cited weak growth prospects for the coming quarters. Aluminium prices are expected to decline. Hindalco's large capital expenditure could impact its …
The Times of India
US Stocks Today | Big tech faces valuation reset as AI spending scrutiny rises
US tech giants are facing a sharp valuation reset in 2026 as investors question whether massive AI spending can deliver adequate returns. Stocks like Microsoft, Amazon, Nvidia and Alphabet have fallen, while firms with stronger earnings visibility, such as TS…
GlobeNewswire
Smart Lighting Market - $67.83B, 19.77% CAGR by 2031, Globally, Says Mordor Intelligence
The smart lighting market is led by Asia-Pacific with a 37.38% revenue share in 2025. The market is driven by rising focus on energy efficiency, smart cities, and connected buildings, with LED technology, IoT controls, and supportive regulations accelerating …
newsBTC
Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom
On-chain data shows CryptoQuant’s Bitcoin Bull-Bear Market Cycle Indicator has witnessed a deep plunge into the bearish territory recently. Bitcoin Bull-Bear Cycle Indicator Now Most Bearish Since 2022 Bottom In a new post on X, CryptoQuant community analyst …
The Times of India
AI disruption in IT: Nilesh Shah says it’s too early to panic; also India's earnings are finally turning
Nilesh Shah of Kotak AMC believes artificial intelligence will transform India's IT sector gradually. He advises retail investors to let experts manage their investments during this period. Shah notes that India's market is currently priced fairly. He anticip…
[Urgent] Starlink Set For The Largest IPO In History?
He turned PayPal from a tiny, off-the-radar startup... to a massive $64 billion giant. Then, he did it again with Tesla... which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000! And now, Elon could be set to do it for the third and final time... with what might be his biggest breakthrough yet. And for the first time ever, you have the rare chance to profit BEFORE the upcoming IPO.
🔍 Market Analysis & Insights
Moneycontrol
AI impact summit: 'Two kids in India can now compete with Salesforce,' says Replit CEO Amjad Masad
With the US becoming more restrictive on immigration, India is also the top choice for Replit's international expansion, Masad tells Moneycontrol
Internazionale.it
‘Global euro’ may have to come with some FX lift: Mike Dolan
By Mike DolanLONDON, Feb 17 (Reuters) - As American and European policymakers know well, global currency dominance and exchange rate movement are different things. But th… Leggi
BusinessLine
DCM Shriram Industries’ demerger entities debut on bourses
Shares of DCM Shriram Fine Chemicals Ltd and DCM Shriram International Ltd, the two demerged entities from DCM Shriram Industries Ltd, began trading on stock exchanges on Tuesday, delivering a mixed debut that reflected cautious investor sentiment.
Livemint
Elon Musk says he has less than 0.1% of his net worth as cash; that's still nearly $850 million!
Addressing speculation about his growing fortune, Musk explained that most of his net worth is tied to his stakes in Tesla and SpaceX, which are largely there in form of stocks and not real cash.
The Times of India
Gaudium IVF and Women Health's Rs 165 cr public issue to open on Feb 20; 1st IPO in fertility care sector
Gaudium IVF has set its IPO price band at Rs 75-79 per share, aiming to raise Rs 165 crore and valuing the company at Rs 575 crore. The fertility services provider's public offering opens February 20, with funds earmarked for expanding its IVF centre network …
💰 Investment Opportunities
GlobeNewswire
Basilea reports strong 2025 full-year results, surpassing revenue and operating profit guidance
15% royalty income increase 11% total revenue increaseTripled net cash position Phase 3 program with fosmanogepix progressing as plannedFinancial guidance...
New Zealand Herald
NZ sharemarket falls for third day ahead of RBNZ rate decision - Market close
The S&P/NZX 50 Index closed at 13,031.62 – shedding 86.29 points or 0.66%.
WWD
What Went Wrong at Coty?
The challenges that led to Coty Inc.'s decline, from strategic missteps and leadership changes to financial struggles.
Digiday
Ad Tech Briefing: A mid-term report card
Despite revenue gains, and impressive-looking strategic plans, the public markets still punish ad tech midway through the latest earnings.
The Times of India
IT stocks attempt to get back on their feet. What Nomura, UBS and Citi are saying
Information technology stocks rebounded after a steep two-week selloff, with Infosys, TCS and Wipro rising up to 3%. Investor concerns over AI-driven disruption eased slightly, even as brokerages warned that advances in agentic AI could challenge traditional …
