Latest
🇮🇳85d ago
US Stocks Rise on Micron AI Optimism, Strong Economic Data
US stock indexes moved higher on Thursday, driven by technology stocks following positive forecasts from Micron and Qualcomm that renewed artificial intelligence enthusiasm, while encouraging economic data further bolstered market sentiment. The combination of upbeat corporate guidance and macroeconomic strength reinforced broader investor confidence in the market outlook.
🇮🇳85d ago
Sebi seeks clarification from Jio Platforms on IPO filing
India's capital markets regulator Sebi has requested clarifications from Jio Platforms regarding its draft IPO papers, signaling progress toward what could be the nation's largest public offering. The company aims to raise approximately Rs 35,000 crore, primarily for debt repayment and expansion initiatives under parent company Reliance Industries.
🇮🇳85d ago
Sebi resolves over 5,500 investor complaints in May via SCORES
India's Securities and Exchange Board (Sebi) resolved more than 5,500 investor complaints during May through its upgraded SCORES platform, while receiving nearly 5,000 new grievances during the same period. The regulator's enhanced grievance system achieved an average response time of five days from entities, demonstrating improved operational efficiency in investor protection.
🇮🇳85d ago
Dollar Hits 13-Month Highs on Fed Rate Hike Expectations
The US dollar has surged to 13-month highs, approaching its largest monthly gain in a year, driven by market expectations of upcoming Federal Reserve rate hikes. The rally has simultaneously pushed the euro, pound, and yen to their respective lows, with the pound and yen hitting seven-month and 40-year lows respectively.
🇮🇳85d ago
Kahneman: Purchase Price Should Not Drive Selling Decisions
Nobel laureate Daniel Kahneman highlighted how investors often make flawed decisions by anchoring to purchase prices, holding losers while selling winners prematurely. The insight underscores the importance of evaluating portfolio positions based on future fundamentals and role rather than historical entry prices.
🇮🇳85d ago
Nasdaq Futures Surge 2% on Easing Chip Outlook, Inflation Data Pending
Nasdaq futures climbed 2% as semiconductor sector concerns eased, while markets await key inflation data that could influence Federal Reserve policy decisions. The chip sector optimism reflects broader relief about artificial intelligence sustainability concerns among investors.
🇮🇳85d ago
Oil slide powers India's stock benchmarks to longest weekly winning run
Indian stock markets achieved their longest winning streak in seven months, driven by falling crude oil prices and measures to strengthen the rupee and attract foreign investment. The Reserve Bank of India's dovish monetary policy stance and strength in pharma and financial sectors further bolstered investor confidence.
🇮🇳85d ago
Advit Jewels IPO closes at 212x subscription, strongest of 2026
Advit Jewels' initial public offering achieved 212.62 times subscription, becoming the most sought-after IPO in 2026, with strong demand across all investor categories and a grey market premium around 41%. The overwhelming response underscores investor confidence in the Jaipur-based jewellery maker's business prospects.
🇮🇳85d ago
Global chip stocks surge as Micron results reignite AI rally
Global semiconductor stocks rallied on Thursday following Micron Technology's strong financial results and optimistic outlook, particularly for AI-driven demand sectors. The positive performance has lifted major chip manufacturers across US, European, and Asian markets, signaling continued strength in the semiconductor industry.
🇮🇳85d ago
Nasdaq Futures Surge 2% as Chip Outlook Eases AI Concerns
Nasdaq futures jumped 2.24% following strong AI demand forecasts from memory chip makers Micron and Qualcomm, with both stocks rallying in pre-market trading. Indian markets are positioned for a positive open as investors await US inflation data that could sustain the momentum and address interest rate concerns.
🇮🇳85d ago
Rupee rises on oil decline and foreign inflows amid holiday closures
The Indian rupee gained slightly this week as falling oil prices and anticipated foreign investment inflows supported the currency, though importer demand initially limited gains. The currency also benefited from reduced short-seller positions, with investors watching US inflation data for clues on interest rate policy direction.
🇮🇳85d ago
Indian housing sales surge 19% in Apr-Jun across major cities
Indian housing sales climbed 19% to exceed 1.12 lakh units in the April-June quarter across nine cities, according to PropEquity data, despite global economic headwinds. The robust performance reflects strong domestic demand and economic resilience, with new property supply also rising 43% and activity concentrated in key markets including Bengaluru, Mumbai, and Navi Mumbai.
🇮🇳85d ago
Sensex closes 109 points higher, Nifty above 24,050
Indian stock markets closed with modest gains on Sensex monthly expiry day, with the Sensex adding 109 points to 77,100.47 and Nifty 50 climbing 34 points to 24,056. Strong performances from IndiGo, M&M, and Maruti Suzuki supported the indices, though the broader market dipped into negative territory and both indices erased significant intraday advances.
🇮🇳85d ago
Nifty poised for 24,500 as crude falls and rupee stabilizes
According to ICICI Direct's Dharmesh Shah, Indian equity markets are positioned for further gains with the Nifty index targeting 24,500, supported by declining crude oil prices and rupee stability. Shah identifies Mahindra & Mahindra and Larsen & Toubro as top stock picks with upside potential.
🇮🇳85d ago
InCred Issues Sell Signal on Indian Aluminium Stocks
InCred Equities has turned bearish on India's aluminium sector, recommending investors exit positions in stocks like Vedanta Aluminium, Hindalco, and NALCO, citing potential downside of 30–40%. The brokerage argues the market misvalues aluminium by treating it as supply-constrained when its highly recyclable nature should reduce pricing power.
🇮🇳85d ago
India's CDMO sector positioned for growth as pharma diversifies from China
Indian contract development and manufacturing organizations (CDMOs) are expected to experience significant expansion as global pharmaceutical companies shift sourcing away from China, according to industry reports. The shift represents a structural supply-chain realignment that could establish India as a key alternative manufacturing hub, though regulatory timelines suggest gains will materialize gradually.
🇮🇳85d ago
Big Four Auditors Dominate India's FY26 Audit Market
EY, KPMG, and Deloitte maintained their leading positions among India's top auditors in FY26 by volume of companies audited and market capitalisation exposure, according to reports. The finding highlights ongoing concentration in India's audit market, with auditor exits and tenure completions indicating continued structural shifts.
🇮🇳85d ago
India Poised for Major Recovery as Foreign Investors Return
BlackRock's Ben Powell indicates India's equity markets are at the beginning of a significant rebound, driven by normalizing oil prices and renewed appreciation of the country's long-term growth potential. Powell suggests current valuations present compelling opportunities for investors entering the market early in this recovery cycle.
🇮🇳85d ago
13 BSE 500 stocks surge 70-200% in three months amid market rally
Thirteen stocks from the BSE 500 index delivered exceptional returns ranging from 70 to 200 percent over a three-month period, with HFCL leading the rally, according to market reports. The surge reflects broader market strength that has created significant wealth-creation opportunities for investors despite prevailing market volatility.
🇮🇳85d ago
Madhusudan Kela-backed fund acquires stake in IPO-bound Steamhouse India
Ace investor Madhusudan Kela's funds and Niveshaay Sambhav Fund have invested Rs 49.99 crore in Steamhouse India through a pre-IPO placement, acquiring nearly 3% equity stake. The investment signals confidence in the Surat-based industrial steam supply company ahead of its planned initial public offering.