Latest
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d 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.
🇮🇳20d ago
India Bonds Wobble as Supply and RBI Liquidity Concerns Mount
Indian government bond markets experienced weakening investor demand on Thursday, with treasury bill auction results showing reduced appetite and rising yields amid concerns over increased supply and potential RBI liquidity tightening. Market participants are bracing for possible interest rate increases as inflationary pressures persist, signaling a shift in the central bank's policy stance.
🇮🇳20d ago
Warsh's Jackson Hole debut: Markets brace for Fed policy signals
Federal Reserve Chair Kevin Warsh will deliver his first Jackson Hole speech amid persistent inflation concerns, elevated oil prices, and uncertain rate expectations. Investors are positioned to scrutinize his remarks for clues about the Fed's forward guidance, with potential sharp moves expected across the dollar, Treasury yields, and gold markets.
🇮🇳20d ago
Sebi Proposes Scrapping Merchant Banker Rule for Small Debt Offerings
India's market regulator Sebi has proposed exempting small-value debt issuances from mandatory merchant banker appointment requirements, aimed at reducing compliance costs for listed companies. The exemption would apply to regulated issuers listed for at least one year with no recent defaults, subject to auditor certification.
🇮🇳20d ago
Fintech Paramotor Digital Technology Receives Sebi Approval for IPO
Paramotor Digital Technology has obtained Securities and Exchange Board of India (Sebi) approval to proceed with its initial public offering, following a confidential draft filing submitted in May. The fintech company operates across spend management, rewards, digital gifting, and software services through four distinct business platforms.
🇮🇳20d ago
Sensex drops 2,000 points in 6 minutes on CAS monthly expiry debut
India's Sensex experienced a sharp 2,000-point decline over six minutes during Thursday's closing session, coinciding with the first monthly derivatives expiry under the new Closing Auction Session mechanism. The volatile swing, attributed to thin liquidity during the auction window, has prompted renewed regulatory examination of the CAS framework.
🇮🇳20d ago
Late Market Reactions Amplify Swings, Jones Warns
Alfred Winslow Jones cautioned that investors entering and exiting markets only after widely followed averages turn can exaggerate price movements and result in poorly timed decisions. His observation underscores the dangers of trend-chasing and crowd behavior in financial markets.
🇮🇳20d ago
Indian Markets Close Lower; Adani Enterprises, Kotak Gain as HDFC Bank Slides
Indian equity benchmarks declined on Thursday, with the Sensex falling 539 points and the Nifty dropping 117 points as selling accelerated toward the close. Adani Enterprises and Kotak Mahindra Bank led gainers, while Hindalco, HDFC Bank, and Mahindra & Mahindra recorded significant losses.