The stock market had another bumpy ride today. If you’ve been watching the screens, you probably noticed the red in IT stocks dragging the indices lower. But here’s the interesting part — even as the frontline stocks looked weak, the IPO market is buzzing with life.
📉 IT Sector Feels the Heat
IT stocks just can’t seem to catch a break. The big worry right now? The U.S. hike in H-1B visa fees.
Why does this matter? Because most of our IT giants like TCS, Infosys, and Wipro depend on sending skilled tech workers to the U.S. Higher visa costs mean higher expenses — and that’s spooking investors.
Over the last few sessions, nearly ₹1.36 lakh crore of investor wealth vanished from IT companies. That’s a serious dent in market confidence.
But here’s some perspective: Indian IT still rules the global outsourcing space. Short-term pain? Yes. Long-term story? Still strong.
🚀 IPOs Refuse to Slow Down
While IT struggled, the IPO market told a completely different story.
- In 2025 alone, companies have already raised ₹1.7 lakh crore, and there’s more to come.
- Upcoming issues like WeWork India and Tata Capital are creating a lot of buzz.
This shows where the excitement is shifting — new-age IPOs are grabbing attention even as old giants wobble.
For retail investors, this is both exciting and risky. Chasing every IPO could burn fingers, but picking the right ones might bring in handsome gains.
🏦 Other Movers and Shakers
- The Sensex slipped for the 7th day, though the fall was just 61 points — more like a tired step down than a crash.
- Voltas got a boost after LIC upped its stake, showing institutional confidence.
- Wockhardt surprised everyone with a sharp rally, as reports suggested U.S. tariffs won’t hit it as badly as feared.
On the flip side, India’s top 10 most valuable companies together lost almost ₹3 lakh crore in market cap. That’s a big reminder of how fragile sentiment can be.
✅ What Should Investors Do?
Right now, the market feels like it’s stuck in two gears:
- Old leaders like IT are under pressure
- New opportunities like IPOs are shining bright
For long-term investors, this might be the right time to stay balanced — nibble into quality IT names at lower prices while keeping an eye on strong, fundamentally backed IPOs.
In short: Don’t panic, don’t chase. Stay patient, stay smart.
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