Market News

Nifty Weakens as Fifth Losing Session Raises Correction Risks

India's Nifty index completed its fifth consecutive losing session, with SBI Securities warning that a breakdown below 23,600 could trigger deeper corrections. Bank Nifty faces critical support at 55,800, while select stocks including HAL and Titan maintain technical strength despite broader market weakness.

Buy L&T, Emmvee and RR Kabel on Market Dips: LKP

According to analyst Rupak De, the Nifty's fall below its 50-day exponential moving average signals rising bearishness, with 23,600 identified as crucial support. De recommends accumulating positions in L&T, Emmvee, and RR Kabel once the broader market selloff stabilizes.

Rajesh Exports, Inox Wind lag among Nifty SmallCap 250's worst YTD

Rajesh Exports and Inox Wind are among the ten worst-performing stocks in the Nifty SmallCap 250 index year-to-date, according to market reports. The underperformance highlights volatility within India's small-cap segment and may signal investor caution toward these particular holdings.

Hitachi Energy, Solar Industries lead India's top 10 midcap performers in 2026

Ten Indian midcap stocks have emerged as standout performers in 2026, delivering year-to-date gains ranging from 33% to nearly 70%, supported by strong one-year and three-year returns across diverse sectors. Hitachi Energy and Solar Industries are among the leading performers in this group.

360 ONE's Patel Favors Smallcaps Over Expensive Midcaps

Mayur Patel at 360 ONE Asset Management has shifted portfolio positioning to increase smallcap exposure while selectively reducing largecap holdings, citing better risk-reward dynamics in smallcaps compared to what the fund views as expensive midcap valuations. The fund maintains a bullish stance on manufacturing, renewables, defence, and AI-linked infrastructure sectors through its disciplined bottom-up investment approach.

Sebi Fines Axis MF Former Dealer ₹7.5 Crore for Front-Running Scheme

India's Securities and Exchange Board (Sebi) imposed penalties totaling ₹7.5 crore on Viresh Joshi, former chief dealer at Axis Mutual Fund, and 20 others for orchestrating a front-running scheme involving misuse of confidential information. Joshi and Dubai-based trader Prijesh Kurani received seven-year market bans following the regulator's findings of substantial illegal gains and significant market abuse.

Nasdaq Falls on AI Spending Concerns Ahead of Tech Earnings

U.S. markets closed mixed as the Nasdaq declined due to chip stock weakness driven by concerns over heavy artificial intelligence spending, while the Dow rose and the S&P 500 remained nearly flat. Falling oil prices provided support to broader markets, though geopolitical tensions and tariff developments kept investor sentiment cautious ahead of major technology company earnings reports.

American Express Q2 Profit Rises on Spending Surge, Lower Delinquencies

American Express reported an eight percent increase in second-quarter profit, driven by higher cardholder spending and declining delinquency rates, while premium product sign-ups surged. The company's expenses rose twelve percent due to increased marketing and product development investments.

ACC profit plunges 60% in Q1 as sales volumes decline

ACC Ltd, an Adani Group company, reported a 60.8% decline in net profit for the June quarter to Rs 147 crore, driven by a 7.75% decrease in revenue year-over-year due to lower sales volumes. Despite earnings pressure from elevated costs, the company noted that its premium product segment gained market share during the period.

REC Q1 Net Profit Dips 6% to Rs 4,193 Crore on Lower Interest Income

REC Ltd reported a year-on-year net profit decline of six percent for the June quarter, reaching Rs 4,193 crore, primarily driven by reduced interest income affecting consolidated results. The company declared an interim dividend of Rs 4.25 per share alongside a final dividend of Rs 1.55 per share for the previous fiscal year.

Lodha Developers Q1 Profit Doubles to Rs 1,373 Crore

Lodha Developers reported a 100% year-over-year increase in net profit to Rs 1,373 crore in the first quarter, driven by a 4% rise in sales bookings to Rs 4,630 crore. The company achieved its highest quarterly profit on record and expressed confidence in maintaining a 20% compound annual growth rate going forward.

Netflix Shares Tumble Despite Strong Financials Amid Growth Concerns

Netflix stock has declined significantly in recent trading despite reporting higher revenue and profit, as investors express concerns about decelerating growth rates and elevated valuations. Wall Street analysts are monitoring the company's advertising expansion, pricing strategies, and user engagement metrics to assess whether these initiatives can drive future earnings growth.

Tesla Faces Profit Pressure Amid Rising AI Costs, Stock Selloff

Tesla has experienced a market selloff driven by profit margin pressures and escalating artificial intelligence infrastructure expenses, according to market analysis. The developments signal investor concerns over the automaker's near-term profitability amid competitive and technological headwinds.

Japan's Nikkei Falls Over 2% Amid AI Spending Concerns

Japan's Nikkei share average declined more than 2% on Friday as investor concerns over elevated artificial intelligence spending pressured the index, with tech giants like Alphabet experiencing significant overnight losses that rippled through global markets. The selloff weighed heavily on chip-related stocks and SoftBank Group, though domestic demand-focused and shipping shares provided some support to the broader market.

Nasdaq Drops 2% as Tech Earnings and AI Spending Concerns Weigh

Wall Street closed sharply lower with the Nasdaq declining over 2% following weak Big Tech earnings reports and concerns about elevated AI spending levels. Rising oil prices above $100, attributed to Middle East tensions, reignited inflation worries and pushed bond yields higher, offsetting gains in defense sector stocks.

Nasdaq Beats Profit Forecasts on Strong Listings and Data Revenue

Nasdaq reported second-quarter results that exceeded analyst profit estimates, driven by robust revenue growth from its capital access platforms and significant trading volumes. The company's CFO addressed competitive concerns regarding perpetual futures contracts, and the stock moved higher following the earnings announcement.

Infosys ADRs Drop 4% on FY27 Revenue Guidance Cut

Infosys American Depositary Receipts fell more than 4% after the Indian IT services company lowered its full-year revenue growth guidance despite posting higher June-quarter profit and revenue. The stock decline reflects investor concerns about weakening discretionary spending and cautious client technology budgets.

Midcap, smallcap valuations stretched; shift to largecaps advised

Axis Direct's Rajesh Palviya recommends rotating from mid-cap and small-cap stocks to large-caps, citing stretched valuations in the smaller segments following their recent rally. The Nifty 50, trading near its long-term average, offers better risk-reward dynamics with focus on quality earnings delivery and margin defense.

India Equity Markets Attract Global Investors Amid Portfolio Diversification

Global investors have shown increased interest in India's equity markets, with strong corporate earnings and economic performance driving the shift. Foreign investors are diversifying away from concentrated technology positions, positioning banks and tourism sectors as attractive investment opportunities.

CSB Bank Q1 profit surges 27% YoY to Rs 150 crore on lower provisions

CSB Bank's net profit jumped 27% year-on-year to Rs 150 crore in the June quarter, driven by declining provisions and improved net interest income. The lender showed sequential profit decline due to seasonal Q1 trends but expanded gold loans and total advances while pursuing retail growth.