Latest
🇮🇳102d ago
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.
🇮🇳102d ago
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.
🇮🇳102d ago
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.
🇮🇳103d ago
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.
🇮🇳103d ago
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.
🇮🇳103d ago
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.
🇮🇳103d ago
US Stock Futures Edge Lower Ahead of Major Tech Earnings
US stock futures declined as market participants adopted a cautious stance in anticipation of significant technology sector earnings reports. The pullback reflects investor hesitancy ahead of key earnings announcements from major technology companies.
🇮🇳103d ago
Bandhan Bank Shares Plunge 10% After Earnings Miss, RoA Guidance Cut
Bandhan Bank shares hit the lower circuit limit following a reduction in return on assets guidance, despite reporting a 35% year-on-year increase in Q1FY27 net profit. Motilal Oswal downgraded the stock to 'Neutral' citing margin pressure and lowered FY27-FY28 earnings estimates.
🇮🇳104d ago
RBI proposes unified code for foreign investment in equity
The Reserve Bank of India has unveiled draft norms to replace existing regulations governing overseas fund flows into Indian equity markets, aiming to streamline the foreign investment framework. The new rules will clarify eligible entities, define foreign-controlled entities, and maintain distinctions between direct and portfolio investments.
🇮🇳104d ago
Sunteck Realty Q1 profit jumps 26% on strong sales, margin growth
Sunteck Realty reported a 26% increase in net profit for the first quarter, reaching approximately 42 crore rupees, driven by healthy residential sales and improved operating margins. The company also saw a 17% year-on-year increase in customer collections, signaling sustained demand in the premium housing segment.
🇮🇳104d ago
UK Gilts Steady, Sterling Slips as Markets Assess New Finance Minister
The British pound declined modestly against the euro and dollar following the appointment of John Healey as finance minister under Prime Minister Andy Burnham on Monday, while gilt markets remained stable. Investors are now scrutinizing the new minister's fiscal policy approach, particularly regarding spending and welfare priorities.
🇮🇳104d ago
Indonesia stocks attract bargain hunters as AI rally loses steam
Global investors are rotating funds into Indonesia's stock market amid significant declines and waning momentum in AI-linked equities worldwide. Portfolio managers are seeking undervalued assets with stronger long-term growth potential, with analysts suggesting negative sentiment may already be priced into current valuations.
🇮🇳105d ago
SBI Funds IPO to Feature Razor-Thin Banker Fees in India's Top 2026 Deal
SBI Funds Management's IPO, India's largest asset manager, will compensate underwriting banks with minimal fees totaling ₹46.25 million, a fraction of typical deal compensation. The unusually low payout has prompted several Wall Street firms to decline roles, marking a significant departure from competitive IPO fee structures.
🇮🇳105d ago
Paytm Q1 profit soars 79% YoY to Rs 220 crore; rejects bonus
Paytm reported a 79% year-on-year surge in net profit to Rs 220 crore in Q1, while its board rejected a bonus proposal to prioritize long-term value creation. The company's focus remains on sustained profitability and shareholder value growth through operational performance rather than capital distribution.
🇮🇳105d ago
Bogle's Wisdom: Common Sense Over Statistics in Investing
Legendary investor John C. Bogle emphasized that common sense in investing often surpasses what statistical analysis alone can reveal, highlighting the importance of understanding market psychology beyond raw data. His philosophy advocates for diversification, patience, and low-cost strategies as foundations for sustainable wealth creation amid market volatility.
🇮🇳105d ago
Buffett Admits Timing Mistakes on Alphabet, Apple Bets
Warren Buffett acknowledged buying Alphabet too late and selling Apple too early, despite Apple remaining Berkshire Hathaway's largest holding at nearly 22% of the portfolio. The 95-year-old investor also cautioned that current market conditions favor speculative gambling over traditional value investing principles.
🇮🇳106d ago
Carnelian Capital to launch Rs 2,000 crore PE fund targeting growth deals
Carnelian Capital, an investment manager overseeing approximately Rs 18,300 crore in assets, plans to establish its first private equity fund with a target corpus of Rs 2,000 crore within the next 12-18 months. The fund will target profitable companies seeking Rs 100-300 crore in growth capital, addressing what the firm perceives as an underserved market segment as larger PE funds have shifted focus to bigger ticket sizes.
🇮🇳106d ago
India's Long-Term Investment Case Remains Strong: J.P. Morgan
J.P. Morgan has identified India as a priority market and is expanding its local investment banking team to capitalize on the country's strong economic growth trajectory. Despite near-term headwinds from oil price volatility, the bank expects foreign capital to return as India demonstrates sustainable growth fundamentals.
🇮🇳106d ago
India's D-Street Set for New Week After Strong Friday Rally
Indian equities surged Friday with the Sensex gaining over 960 points and Nifty climbing more than 1%, supported by strong Q1 earnings optimism and buying in IT and banking stocks. The momentum reflected domestic institutional investor rotation into large-cap valuations while selective profit-taking persisted in mid- and small-cap segments.
🇮🇳106d ago
Nifty Breakout Lacks Conviction; 24,600 Level Key to Record High
India's Nifty index rebounded on Friday and broke its recent trading range, but sustained upside momentum has yet to be confirmed, according to market analysis. Analysts identify 24,400 as near-term resistance, with a move above 24,600 potentially unlocking record highs, while India Cements and Bharat Forge are flagged as top trading opportunities.