Stocks to watch, August 27: IT stocks, HDFC Bank, Vedanta Aluminium, IRB Infrastructure, Hindustan Copper, SAIL
IT stocks are likely to remain in focus on Thursday after strong quarterly performances from US technology majors NVIDIA and Salesforce. NVIDIA reported Q2 revenue of $96.2 billion, well ahead of expectations, driven by robust demand for its AI-focused chips, while it guided for revenue of $108 billion for the next quarter, reinforcing optimism around continued AI spending.
IT stocks are likely to remain in focus on Thursday after strong quarterly performances from US technology majors NVIDIA and Salesforce. NVIDIA reported Q2 revenue of $96.2 billion, well ahead of expectations, driven by robust demand for its AI-focused chips, while it guided for revenue of $108 billion for the next quarter, reinforcing optimism around continued AI spending.
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