Why Investors Are Dumping Indian IT Stocks | Govindraj Ethiraj | The Core Report

On Episode 907 of The Core Report, financial journalist Govindraj Ethiraj looks at why Indian IT stocks are falling after Accenture’s warning, what it means for TCS, Infosys and HCL Tech, why the rupee had its best week in 11 weeks, how oil prices and the Strait of Hormuz are shaping sentiment, and why mega IPOs from Reliance Jio Platforms and NSE could test Indian markets. The episode also covers India’s monsoon, SEBI’s buyback norms, and Muralikrishnan B on why B-schools need more than corporate war stories. SHOW NOTES: (00:00) The Take (06:45) The Rains Are Here (07:54) Why Indian IT Stocks Are Getting Battered (09:51) Rupee Has Best Week In 11 Weeks (11:04) Mega IPOs And Buyback Norms Could Lift Markets (14:02) Why B Schools Need More Than Corporate War Stories The Take: India’s financial markets were transformed in the 1990s by institution builders like R H Patil, N Waghul and S S Nadkarni. The NSE, SEBI and NSDL helped move India from paper-based trading to a modern electronic market system. Now, as the NSE prepares for a mega IPO and Reliance Jio Platforms plans a major listing, India faces a new test. Retail investors are trading through apps, finfluencers are shaping behaviour, foreign investors are pulling out, and Bitcoin is challenging old rules. The question is whether India still has the institutional vision to manage a fast-growing stock market, protect retail investors, and build the next phase of its market economy. Markets, The Rain, Currency and IT Stocks: Indian IT stocks are under pressure after Accenture warned of weaker technology spending and softer bookings. TCS, Infosys, HCL Tech and other IT companies fell as investors worried about AI disruption, global demand, and delayed tech projects. Indian stock markets ended a five-day rally as the IT index dropped to a three-year low. The Nifty 50 and Sensex fell as IT shares dragged the market lower. The rupee had its best week in 11 weeks on debt inflows. Oil prices stayed above $80 a barrel amid uncertainty around the US Iran ceasefire and shipping through the Strait of Hormuz. Monsoon rains are advancing across India, bringing relief but also the risk of flooding, waterlogging and disruption in Mumbai and other regions. Oil and Gas: Oil shipments through the Strait of Hormuz have picked up, but traffic remains below pre-conflict levels. Energy markets are watching whether Gulf exports stabilise and how oil prices affect India’s economy, inflation and trade balance. Reliance Jio Platforms IPO: Reliance Jio Platforms has filed papers for a major IPO that could raise about $3.8 billion and value the business at around $131 billion. With more than 500 million subscribers, Jio’s listing could become one of India’s biggest IPOs and may test market liquidity alongside the expected NSE IPO. The NSE is also preparing for a large listing, raising questions about India’s capital markets, investor appetite, mega IPOs and liquidity. Professors of Practice: India’s B-schools want more than guest lectures and corporate war stories. The International Institute for Faculty and Research wants to bridge industry and academia by training senior executives to become professors of practice. Muralikrishnan B explains why business leaders need to turn experience into structured teaching through courses, frameworks, case studies, assessments & AI as a teaching tool. He also explains how the Educators Certificate Programme and Executive Fellow in Management could help senior professionals move into management education, applied research & leadership development. Why are investors dumping Indian IT stocks and what does the NSE IPO mean for Stock Market India? Govindraj Ethiraj on The Core Report connects Accenture’s warning, TCS, Infosys, HCL Tech, rupee gains, oil prices, Reliance Jio IPO, SEBI buyback norms and the Harshad Mehta Scam legacy to India’s next market test. Subscribe for business news & market analysis. #IndianITStocks #NSEIPO #StockMarketNews #TCS #TheCoreReport #TheCoreReport #TheCore Join The Core Insider to get access to perks:    / @thecore_in   Listeners! We await your feedback: https://tinyurl.com/TCR-Listener-Survey The Core & The Core Report is ad supported & FREE for all readers & listeners. Write in to [email protected] for sponsorships & brand studio requirements. For more of our coverage check out thecore.in (https://www.thecore.in/) Support the Core Report (https://tinyurl.com/Support-the-Core-...) Join & Interact anonymously on our WhatsApp channel (https://tinyurl.com/The-Core-WhatsApp...) Subscribe to our Newsletter (https://www.thecore.in/newsletters/th...) Follow Us on Social Media for More Updates: Twitter (  / the_core_in  ) Instagram (  / the.core.in  ) Facebook (  / thecore.biz  ) Linkedin (  / thecore-in  ) Youtube (   / @thecore_in  )