CAPEX
AI to stay dominant force behind US business investment in 2027, Goldman says
Goldman Sachs forecasts that artificial intelligence-related spending will reach approximately $1.4 trillion by the end of 2027. This spending is expected to represent nearly 4% of the US economy. The brokerage anticipates AI will drive significant business investment growth, with an estimated total exceeding $900 billion by the end of 2026. Furthermore, AI investment is projected to enhance capital expenditure and GDP growth rates in 2027.
Baird downgrades Nvidia on China curbs, AI demand worries
Nvidia's shares closed at $168.9 on Tuesday and are on track for their biggest weekly drop since March 2025, with uncertainty over top leadership weighing on the stock
Baird downgrades Nvidia on China curbs, AI demand worries
Baird downgraded Nvidia's stock and cut its price target significantly due to various market risks. Concerns over US restrictions on chip sales to China have emerged, affecting Nvidia's revenue outlook. Demand for Nvidia's chips is showing signs of softening amid supply constraints and market uncertainties. Additionally, multiple brokerages have removed Nvidia from their top picks due to recent stock declines.
Reverse AI trade drives foreign inflows back to India but rising US inflation poses challenge: Ajay Bagga
Foreign investors are returning to Indian equity markets as global funds shift away from the artificial intelligence infrastructure trade in markets such as the US, Japan, South Korea and Taiwan, while India's relatively attractive valuations and falling crude oil prices are improving its investment appeal, banking and market expert Ajay Bagga said.
Moody’s raises India FY27 growth forecast to 7% as economy weathers Iran war energy shock
Moody’s Ratings has raised India’s FY27 growth forecast to 7% from 6.5%, citing resilient domestic consumption, improving investment and the economy’s ability to absorb the Iran war-induced energy shock. Robust capital goods activity and industrial credit growth point to a possible private capex revival, though inflation and tighter monetary policy pose risks.
HEG Advanced Materials shares gain 5% after subsidiary secures Rs 610 crore incentive under ECMS
HEG Advanced Materials shares rise 5% after subsidiary TACC receives ₹609.50 crore incentive approval under the ECMS scheme for its Dewas synthetic graphite anode project, supporting domestic battery manufacturing, capacity expansion and India's advanced energy storage ecosystem. The first production phase targets commissioning by June 2027.
Chipmakers warn AI demand is creating bottlenecks in automotive supply chain
Nexperia says it is heavily oversubscribed as chipmakers redirect capacity towards higher-margin AI data-centre products, creating shortages of mature semiconductors used in vehicles and industrial equipment. Industry executives warn that the AI investment boom is worsening bottlenecks across automotive and industrial supply chains.
Adani Group to invest more than $120 billion in capex over five years: Report
The Adani Group is poised to infuse over $120 billion into capital projects within the next five years, predominantly channeling funds into the energy sector, transport, and logistics. With about 70% allocated to energy, and 20% to transport and logistics, this substantial investment aims to double the group's asset base and generate core earnings ranging from 2.6 to 3 trillion rupees.
Is AI selloff a window to buy? Morgan Stanley sees multiple buying opportunities on Wall Street
Morgan Stanley sees the recent AI stock selloff as an overreaction and recommends selectively buying the dip across hyperscalers, semiconductor and infrastructure companies. The brokerage expects some US data centre projects to shift from 2028 to 2029 following Democratic election victories, potentially extending the AI capital expenditure cycle and reshaping investment opportunities.
Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks
Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India's benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings prospects and falling oil prices. Recent foreign portfolio investor activity has contributed significantly to the positive sentiment in the equity market. Additionally, lower oil prices could improve macroeconomic conditions and reduce inflation rates in India.
Divi's Labs shares jump 8% to fresh 52-week high after Q2 profit soars 64% YoY. What brokerages say after bumper results?
Divi’s Laboratories shares surged over 8% during Muhurat Trading, hitting a 52-week high after Q2 FY27 net profit jumped 64% to ₹1,127 crore. Revenue grew 35%, while brokerages differed on valuation concerns and future growth prospects.
Overall, India Inc credit profile looks healthy: Ramnath Krishnan, Icra Group CEO
Corporate India's credit profile has maintained strength following a period of deleveraging post-Covid, although external pressures exist. While rating upgrades continue to outnumber downgrades, specific sectors like chemicals and airlines face challenges. The potential for a drop in credit ratios exists, dependent on geopolitical factors and inflation rates. Companies remain hesitant to invest heavily amid uncertain consumer demand, leading to muted private sector capex.
Global Market Today: Asian stocks open mostly higher, Nvidia probe looms
Benchmark stock indexes rose in Japan and Australia after a gauge of US semiconductor shares jumped 4.2% on Friday as speculation about possible tighter Democratic party regulation of the artificial intelligence industry eased. The MSCI Asia Pacific Index of equities gained 0.5%.
Adani Enterprises plans Rs 35,000-40,000 crore annual capex in next two years
Adani Enterprises intends to invest between Rs 35,000 crore and Rs 40,000 crore annually for upcoming years. The major areas of focus will be airports, data centres, and a PVC manufacturing complex. Recently, the company reported strong financial growth, with a notable increase in EBITDA and revenue. This investment cycle aims to enhance operational capabilities and generate returns from new assets.
Siemens Q2 Results: Profit grows 5% to Rs 504 crore
Siemens Limited announced a consolidated net profit of Rs 504 crore for the quarter ending September 30, 2026. This represents a 4.78% increase compared to the previous year's profit of Rs 481 crore. Revenue from operations grew significantly to Rs 5,734 crore, up from Rs 4,900 crore a year prior. Additionally, new orders reached Rs 6,228 crore, a notable 38% increase year-over-year.
AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%
Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 15% each. Concerns that US midterm election results could slow data centre expansion and AI infrastructure spending triggered sharp losses across Asian technology stocks and domestic market-linked companies.
Bharti Airtel shares jump 3% after Q2 net profit rises 31% YoY. What are brokerages saying?
Bharti Airtel shares rose on Friday after the telecom major reported a 31% year-on-year rise in Q2 FY27 net profit to Rs 8,887.5 crore. Revenue grew 17%, while ARPU improved to Rs 271. Brokerages largely remained positive, citing strong growth, improving margins and healthy cash flow generation.
Capex key to India's growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC event
Finance Minister Nirmala Sitharaman highlighted the importance of capital expenditure in driving economic growth in India. She stated that government spending would be guided by fiscal discipline while encouraging private sector investment. Sitharaman noted that higher public investment has historically generated strong economic returns over time. She reassured that the Indian economy remains robust, with no sign of fragility.
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