Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SpaceX to join Nasdaq 100 on July 7, may spur passive fund inflows
SpaceX will join the Nasdaq 100 on July 7, potentially drawing 4.3 billion in passive inflows, as ETFs like QQQ buy shares, though some analysts say the stock is overvalued.
Defiance US 100 Tech AI Moat Share Price | NASDAQ:AIX ETF - Investing.com India
Defiance US 100 Tech AI Moat Share Price | NASDAQ:AIX ETFInvesting.com India
BMO Market+ International Equity Fund Series Share Price | NLB:ZMPI ETF - Investing.com India
BMO Market+ International Equity Fund Series Share Price | NLB:ZMPI ETFInvesting.com India
Nasdaq 100 Faces an AI Reality Check as Valuation Concerns Mount - Investing.com India
Nasdaq 100 Faces an AI Reality Check as Valuation Concerns MountInvesting.com India
Up to 42% upside! 9 stocks Jefferies, Motilal Oswal, others started coverage on. Do you own any?
Brokerages have initiated fresh coverage on several Indian stocks across metals, textiles, engineering and luxury retail, with mostly Buy ratings and double-digit upside targets. Firms like Meesho, Vedanta Aluminium, GE Vernova T&D and Welspun Living are seen as key beneficiaries of sectoral growth and structural demand trends.
HDFC Mutual Fund buys additional 10 lakh shares of Global Health for Rs 130 crore
HDFC Mutual Fund has secured an additional 10 lakh shares of Global Health, which is known for operating Medanta hospitals, from co-founder Sunil Sachdeva for Rs 130 crore. This acquisition builds on a prior purchase made last month. The transaction accounts for a 0.37% stake in the company. In related news, Global Health has reported an impressive 39.7% increase in its fourth-quarter profit after tax, totaling Rs 141.7 crore.
‘Korean markets are like small caps’, says Capitalmind Mutual Fund CEO Deepak Shenoy; Kospi jumps 5%
Investor sentiment in South Korea shifted amid falling oil prices and positive news from US-Iran talks. However, proposed taxes on unrealised gains introduced uncertainty, contributing to significant market volatility and sharp fluctuations for major technology stocks.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
Capex boom, global sourcing tailwinds fuel textile stock rally
Textile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial Services. The brokerage highlighted capacity expansion and supportive policies as key growth catalysts, projecting substantial gains for leading companies. This surge reflects a new investment cycle in the Indian textile sector, with companies focusing on higher-margin segments and value-added products to capitalize on global sourcing trends.
Motilal Oswal initiates coverage on 8 textile stocks, including Arvind and Gokaldas Exports; sees up to 39% upside
Motilal Oswal has started coverage on eight textile firms, predicting growth due to global demand recovery and capacity expansions. They recommend 'buy' for Gokaldas Exports, Arvind, Pearl Global, Indo Count, and Welspun Living.
Trent shares jump 4% after Noel Tata’s comments during AGM. Here’s what Morgan Stanley, other brokerages say
Trent's stock surged over 4% as brokerages like Morgan Stanley and Motilal Oswal reiterated bullish calls. Chairman Noel Tata's vision of 10x revenue and profit growth, fueled by new brands and international expansion, impressed analysts. The company plans significant investments in infrastructure and aims for aggressive store additions across its formats, signaling a strong growth trajectory.
RIL, BEL, Lenskart, Delhivery among Motilal Oswal's top monthly picks
Top monthly stock picks by Motilal Oswal Wealth Management Research Desk: Analysts are bullish on Reliance, Bharat Electronics, ACME Solar, Delhivery, Gokaldas Exports and Lenskart.