Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Global investors stung by AI could turn to India, lured by domestic demand, growth
India's economy is poised for strong growth, attracting foreign investment. As global AI markets face a shakeout, India's domestic demand and improving currency offer a compelling alternative. This shift could see billions in foreign capital return, fueling further market expansion. Investors are looking to India for sustained long-term growth opportunities beyond the AI boom.
Why global capital is looking at India differently this year
India's economic resilience, fueled by digital infrastructure and evolving regulations, is attracting global capital. The latest budget reinforces this, with initiatives like GIFT City offering fiscal clarity and regulatory certainty. This focus on long-term institutional choices and data integrity signals India's readiness for global financial integration, moving beyond 'emerging market' status.
Rajesh Palviya of Axis Sec suggests ONGC, RBL Bank, Sammaan Capital shares to buy today
Domestic benchmark indices showed little change after a prior decline, amid rising oil prices due to US-Iran tensions. Nifty 50 rose 0.03% to 25,465 while BSE Sensex fell 0.07% to 82,467.7. Analysts attribute weakness to global uncertainties and geopolitical risks.
Dr Reddy’s close to Canada approval for generic weight loss drug: GV Prasad
GV Prasad, Co-Chairman & MD, Dr Reddy’s Lab said Canada could offer early market opportunity before competition increases. The company plans launches in multiple markets based on patent and approval status. Dr Reddy’s is focusing on partnerships, biosimilars pipeline expansion and selective global acquisitions to support long-term growth.
Gold favoured over silver, copper likely to stay under pressure: Saxobank’s Ole Hansen
Copper prices have dropped to six-week lows, nearly 15% below January’s record highs, as rising global inventories and soft near-term demand weigh on sentiment. Ole Hansen, Head of Commodity Strategy at Saxo Bank, says the market is witnessing a mismatch between short-term supply conditions and the stronger long-term demand outlook.
Why gold and silver remain volatile despite long-term support
Gold and silver futures on MCX fell amid global volatility, US monetary policy shifts, and currency trends. Analysts expect continued sensitivity to data.
Trade Spotlight: How should you trade Torrent Power, Bajaj Auto, Hindustan Aeronautics, Sun Pharma, PFC, Aditya Birla Capital, and others on June 23?
The market trend remains healthy, but a sustained close above long-term moving averages is needed for further sharp upside. Below are some short-term trading ideas to consider.
Trent: Is it a good buy, post steep correction?
Near-term growth has moderated, but Trent’s long runway, disciplined expansion, and profitable execution keep the long-term investment case intact
Trade Spotlight: How should you trade Chambal Fertilisers, Kirloskar Oil Engines, Vidya Wires, Usha Martin, NTPC Green Energy, and others on May 27?
The market is likely to remain in a consolidation phase as long as it trades below Tuesday's high. Below are some short-term trading ideas to consider.
Why Royal Orchid Hotels could be poised for a re-rating despite Q4 miss
Aggressive inventory expansion, favourable hotel cycle, and strong balance sheet strengthen long-term growth visibility
Momentum Stocks: Radhika Jewel, Shankara Buildpro, TCI Express gain up 10% on sheer momentum
Radhika Jewel jumped 9.8 percent to Rs 61.89, staying above its 30-day SMA (Rs 56.38) and 50-day SMA (Rs 58.47). However, the stock continued to trade below its 150-day SMA (Rs 65.21) and 200-day SMA (Rs 70.73), indicating that while short-term momentum has improved, the long-term trend remains weak.
Goldiam International shines brighter on LGD opportunity as global footprint expands
US market share gains, tariff-proof manufacturing, and Origem’s India expansion strengthen long-term growth prospects