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AI earnings momentum still intact, Citi raises S&P 500 target to 8,100
Drew Pettit, Director-US Equity Strategy/ETF Analysis & Strategy Research at Citi expects Brent crude prices to trend lower, while cautioning that a more hawkish Federal Reserve could offset some of the benefits. He also argues that today's market exuberance, though elevated, is still far from the extremes seen in 1999.
Rs 1.5 lakh crore behind 2025! Can Jio, NSE and other mega IPOs put 2026 on course for another record year?
India's primary market faces a significant fundraising gap to match last year's record. However, upcoming mega IPOs from Reliance Jio (Rs 35,000 crore) and NSE (Rs 25,000 crore), alongside SBI Mutual Fund (Rs 10,000 crore), could inject much-needed demand. Experts believe these established names can revive investor sentiment, but a broad-based revival hinges on sensible valuations and a steady pipeline of quality companies.
Sensex trades on choppy note, Nifty below 24,100 as IT stocks drag benchmarks lower
Indian stock markets saw a subdued trading session on Tuesday, with the Sensex and Nifty experiencing minor dips, primarily due to losses in IT stocks. Broader market indices, however, showed resilience. Analysts point to improving West Asian peace prospects and falling crude oil prices as positive for economic growth, though concerns remain about the monsoon's performance. Global cues, particularly the US Federal Reserve's upcoming commentary, will be closely watched.
India’s biggest equity fund makes contrarian bet on IT stocks
India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since 2008.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty cuts gains, trades flat, IDFC First Bk in focus
Sensex Today | Stock Market LIVE Updates: For the Nifty, which traded in a 100-point range on Monday, the 24,000 level remains the key and a crucial psychological support at 23,900 - 23,800 zone. The Nifty Bank briefly crossed 58,000 on Monday but could not hold on, even though it remains close to those levels.
SpaceX turns to bond market to raise capital, reports $100.8 billion cash
SpaceX taps bond market after IPO to fund AI and Starship expansion, reshaping its balance sheet while preserving Elon Musk's control and investor stakes.
Sirios Absolute Return Fund R EUR HP PR UCITS Share Price | EPA:SARF ETF - Investing.com India
Sirios Absolute Return Fund R EUR HP PR UCITS Share Price | EPA:SARF ETFInvesting.com India
Nifty Outlook for June 23: Index looks to sustain above 24,100 ahead of weekly expiry
The Nifty has failed to surpass the previous swing-high resistance at 24,190, which remains a key near-term hurdle. A sustained move above this level could open the door for a rally towards the 200-DEMA, placed around 24,450, according to analysts.
Sensex rises 291 points, Nifty tops 24,100 on cooling crude and FII support
Domestic equities advanced on Monday as cooling oil prices and fresh FII inflows fuelled risk appetite. Buying in heavyweight Reliance Industries and healthcare counters propelled the Nifty past the 24,100 level. The gains were partly offset by weakness in consumer durables and FMCG stocks.
Sensex Today | Nifty 50 | Stock Market Highlights: Sensex settles 291 pts higher, Nifty above 24,100; Cip... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Highlights: Sensex settles 291 pts higher, Nifty above 24,100; Cip...The Economic Times
Stock Market Highlights, June 22: Sensex gains 291 pts, Nifty closes above 24,100; most sectors end higher - BusinessLine
Stock Market Highlights, June 22: Sensex gains 291 pts, Nifty closes above 24,100; most sectors end higherBusinessLine
Nifty Tops 24,100, Sensex Rises 291 Points on Positive Global Cues - Open Magazine
Nifty Tops 24,100, Sensex Rises 291 Points on Positive Global CuesOpen Magazine