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🇮🇳66d ago
Nvidia shares surge 7% on blockbuster earnings and bullish AI outlook
Nvidia's stock jumped approximately 7% following strong second-quarter results and an optimistic revenue forecast that dispelled concerns about moderating artificial intelligence spending. The chipmaker reported $96.2 billion in Q2 revenue with expectations of $108 billion in the current quarter, alongside a 70% fiscal 2028 growth outlook that reinforced investor confidence in the AI sector.
🇮🇳66d ago
ESDS Software raises Rs 216 crore from anchor investors before IPO
ESDS Software Solution secured Rs 216 crore from anchor investors, including Quant Mutual Fund, ahead of its Rs 720 crore initial public offering launching August 28 with a price band of Rs 408-429 per share. The fresh issue proceeds will fund cloud computing equipment, data centre infrastructure expansion, and general corporate requirements.
🇮🇳66d ago
Sebi proposes merchant banker exemption for small private debt issues
India's Securities and Exchange Board (Sebi) has proposed exempting eligible listed issuers from mandatory merchant banker appointments when raising small-value debt privately, targeting cost reduction and faster issuance timelines. The exemption would apply only to regulated companies issuing senior secured debt with AA- or higher credit ratings, maintaining investor protections.
🇮🇳66d ago
Indian Markets Brace for Friday Volatility After Sharp Thursday Decline
Indian equities closed significantly lower on Thursday as expiry-day volatility increased following the first monthly expiry under the Closing Auction Session, with the Sensex declining 539 points and Nifty falling 117 points. Technical indicators reflected weakening momentum amid broader global and geopolitical uncertainties heading into Friday's trading session.
🇮🇳66d ago
Bitcoin's October Rally Hopes Hinge on Inflows and Fed Policy
Bitcoin has rebounded sharply from its July lows, sparking renewed expectations of an 'Uptober' rally, though the cryptocurrency remains roughly 37% below its October 2025 peak. Analysts indicate that sustained exchange-traded fund inflows, institutional participation, regulatory developments, and Federal Reserve policy decisions will be more influential than seasonal patterns in determining whether this rebound materializes into a lasting advance.
🇮🇳66d ago
Bitcoin's Uptober Challenge: Will August Rebound Lead to Rally?
Bitcoin has rebounded sharply from its July lows, reigniting hopes of a traditional 'Uptober' rally, though the cryptocurrency remains approximately 37% below its October 2025 record high. Analysts suggest that sustained ETF inflows, institutional demand, regulatory clarity, and Federal Reserve policy will be more decisive factors than seasonal patterns in determining whether this recovery proves lasting.
🇮🇳66d ago
NSE IPO approval likely imminent, says Sebi chairman
The National Stock Exchange's long-awaited initial public offering is approaching regulatory approval, with Sebi chairman Tuhin Kanta Pandey indicating that clearance of its DRHP filing is near. The offer-for-sale transaction could value NSE at approximately ₹5.26 lakh crore, involving a 6% stake sale comprising 148.9 million shares.
🇮🇳66d ago
Alpha Wave Ventures II to Sell 1.2% Stake in Lenskart via Block Deal
Alpha Wave Ventures II is conducting a block deal to sell approximately 20.8 million Lenskart shares valued at ₹1,313 crore, representing a 1.2% stake in the eyewear retailer. The shares are being offered at ₹630 each, a 1.7% discount to prevailing market levels, in a secondary transaction from which Lenskart receives no direct proceeds.
🇮🇳66d ago
Nvidia's Strong Forecast Ignites Broader Chip Stock Rally
Nvidia forecast a 70 percent revenue increase for the upcoming fiscal year, signaling continued strength in artificial intelligence demand and alleviating investor concerns about the sustainability of the AI boom. The optimistic guidance prompted a rally across semiconductor stocks, with Nvidia itself experiencing a substantial single-day gain in market capitalization.
🇮🇳66d ago
Sebi Chief Rules Out CAS Changes Despite Sensex Expiry Volatility
Sebi Chairman Tuhin Kanta Pandey clarified that the regulator has no immediate plans to modify the Closing Auction Session despite recent sharp swings on expiry days. The regulator remains focused on monitoring liquidity and potential manipulation while expecting improved market participation.
🇮🇳66d ago
Calcutta Stock Exchange seeks Sebi approval for trading revival
The 118-year-old Calcutta Stock Exchange is pursuing regulatory clearance from India's Securities and Exchange Board (Sebi) to resume equity trading operations through interoperability arrangements or by establishing a new clearing corporation. The exchange is evaluating compliance pathways, with interoperability via NSE or BSE identified as a potentially faster route to market reactivation.
🇮🇳66d ago
US Earnings Broaden Beyond Mag 7 as S&P 500 Profit Growth Accelerates
US earnings momentum is expanding across the broader S&P 500 rather than concentrating in the Magnificent 7 stocks, with calendar year 2027 earnings per share estimates rising nearly 22 percent year-on-year according to reports. The shift reflects strengthening revenue growth and margin expansion across multiple sectors, potentially signaling a new phase of more inclusive market participation.
🇮🇳66d ago
Happiest Minds shares fall 6% on ITC Infotech stake acquisition reports
Happiest Minds Technologies shares declined 6.16% following reports that ITC Infotech may acquire a 22% promoter stake in the company. The stock closed at Rs 420.25 as investors assessed the implications of the potential transaction against the company's recent financial performance.
🇮🇳66d ago
Nvidia at Heart of Data Centre Revolution, Says BNP Paribas
BNP Paribas assigned an outperform rating to Nvidia with a price target of $285, indicating 36% upside potential from current levels. The brokerage cited Nvidia's central role in accelerating the data centre revolution, strong Q2 results, and sustained demand for its Blackwell and Vera Rubin platforms as key drivers.
🇮🇳66d ago
Nvidia at Heart of Data Centre Revolution, Says BNP Paribas
BNP Paribas initiated an outperform rating on Nvidia with a $285 price target, implying 36% upside potential from current levels. The brokerage cited the chipmaker's central role in the data centre revolution, strong Q2 results, and robust demand for its Blackwell and Vera Rubin platforms as key drivers despite ongoing supply chain constraints.
🇮🇳66d ago
Nasdaq leads Wall Street rally as Nvidia eases AI concerns
Wall Street opened higher on Thursday as technology stocks rallied following Nvidia's strong revenue forecast, restoring investor confidence in the artificial intelligence sector. The gains lifted major indices including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, driven by robust buying across semiconductor and tech shares.
🇮🇳66d ago
Wipro ADRs Rise 5% on Expanded Google Cloud AI Partnership
Wipro's American Depositary Receipts gained 5% in pre-market trading following the company's announcement to expand its Google Cloud partnership, focusing on scaling Gemini Enterprise and agentic AI solutions. The initiative includes internal AI deployment, training of 10,000 specialists, and enterprise support for autonomous agent implementation across business operations.
🇮🇳66d ago
Five BSE 200 stocks hit 52-week highs; Divi's Labs surges 22% monthly
Five stocks listed on India's BSE 200 index reached fresh 52-week highs on Thursday, with Divi's Laboratories leading gains at 22% over the past month, bucking broader market weakness. The outperformance highlights divergence within India's large-cap space, where select names are attracting investor interest despite overall market headwinds.
🇮🇳66d ago
Nasdaq Futures Rally as Nvidia Eases AI Sector Concerns
Nasdaq futures outperformed following Nvidia's announcement, which according to reports helped alleviate concerns circulating in the artificial intelligence sector. The development suggests renewed investor confidence in technology stocks and AI-related equities.
🇮🇳67d ago
iUSTUS to Develop 25 Lakh Sq Ft of Residential, Commercial Real Estate in Bengaluru
Realty firm iUSTUS has announced plans to develop 25 lakh square feet of residential and commercial real estate across South and East Bengaluru. The project, led by founders Pawan Sawhney and Santosh Soni, aims to leverage their real estate expertise to deliver quality construction and create value for communities and homebuyers.