PRE-MARKET INDIAN STOCKS NEWS: Infosys (INFO IS) and Cognition to collaborate to accelerate the AI value journey for global enterprises
Infosys' collaboration with Cognition to enhance AI capabilities for global enterprises signals a strategic move aimed at strengthening their competitive edge in the tech industry.
Japanese 30-Year JGB Auction 3.447% (Prev. 3.427% )
Japan sells JPY 524.9bln 30-yr JGBs; b/c 3.14x (prev. 4.04x), and average yield 3.447% (prev. 3.427%)
PRE-MARKET INDIAN STOCKS NEWS: Infosys (INFO IS) and Cognition to collaborate to accelerate the AI value journey for global enterprises
[MARKET ANALYSIS] Asia-Pac stocks trade mixed following Wall St's pullback from record highs as Trump took aim at the housing and defence sectors, while participants also digest soft Asia-Pac data
Indonesian Foreign Exchange Reserves (Dec) 156.50B (Prev. 150.10B, Rev. 150.1B)
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Angel One (ANGELONE IS) - Co. Board of Directors will meet on January 15th to consider a proposal for the alteration of the company’s share capital through the sub-division/split of existing equity shares, while they will also consider declaration of an interim dividend. (Moneycontrol)
Infosys (INFO IS) - Co. and Cognition to collaborate to accelerate the AI value journey for global enterprises. (Newswires)
MOIL (MOIL IS) - India’s government appointed Vishwanath Suresh as the Chairman and Managing Director of the company. (Moneycontrol)
NCL Industries (NCLI IS) - Co. Q3 cement production rose 5% Y/Y to 694k tons and cement dispatches rose 5% Y/Y to 693k tons. (Newswires)
Tata Steel (TATA IS) - Co. Q3 India production rose 11.4% Y/Y to 6.34mln tons and delivery volumes rose 14.2% Y/Y to 6.04mln tons. (Moneycontrol)
Given the current focus on AI investments, this partnership could bolster investor sentiment, particularly towards tech firms in emerging markets like India. Watch for potential market reactions as traders assess how this aligns with broader trends in innovation and growth in tech sectors.
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