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We have argued in our recent upgrade note (Time to buy the next cycle, 24th Nov 2025) that 2026 will be the year when enterprises start deploying AI at scale, and Indian IT services stand to benefit from this.
We attended JSW Energy’s (JSWE) plant visit at Vijaynagar on 7-8th Jan’26, in which the company showcased its green hydrogen and floating solar plants.
Asian markets are trading higher, as investors remain cautious ahead of the U.S. payrolls data due on Friday and an anticipated Supreme Court verdict related to President Donald Trump's tariff measures. Nikkei, Hang Seng, and Shanghai are trading higher by 0.63%, 0.27%, and 0.07%, respectively.