Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Global funds flee Indian stocks at record pace on growth fears
Global funds are exiting Indian equities at a record pace, driven by an energy shock from the US-Iran war and a lack of compelling AI-linked investment narratives. This sustained selling has pressured local shares, with over $600 billion wiped off their value from last year's peak, despite strong domestic inflows.
Helios MF’s Dinshaw Irani says India looks oversold, stays cautious on IT stocks
Helios Mutual Fund CEO Dinshaw Irani said the fund has been actively deploying cash as Indian equities appear oversold after recent underperformance. He noted that consumption trends remain resilient for now, though prolonged global uncertainty could weigh on demand over the next few quarters. Irani remains cautious on the IT sector, warning that AI-led disruption, weaker growth expectations and margin pressures could keep valuations under strain despite recent corrections. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Trent, RBL Bank among 8 stocks showing bullish RSI upswing
Eight Nifty 500 stocks that surged over 5% on April 6 appeared in the RSI Trending Up scan, with RSI crossing above 50 from lower levels. The signal indicates strengthening momentum, which traders track to spot improving sentiment and identify potential short-term buying opportunities in select counters.
PDS secures ₹450-crore sourcing contract from leading US value retailer
Global fashion infrastructure platform PDS Limited bagged a ₹450-crore sourcing mandate from a major US value retailer via subsidiary GSCL, boosting its US presence; shares closed at ₹286.90, up 0.61% today, April 6.
Capital with purpose: How capital markets are shaping the future of medicine with Dheeraj Chinthalapelly
Dheeraj Chinthalapelly, with a decade and a half of experience in global capital markets, shares his journey navigating the biotech investment banking, highlighting his focus on capital raising and mergers and acquisitions. He emphasises the importance of advising companies that bring scientific innovation to patients, navigating the evolving biotech capital markets, and prioritising long-term value creation.
Avenue Supermarts shares get an upgrade after strong Q4 update; check new price target
According to Morgan Stanley, DMart stands to benefit from higher inflation, which typically supports same-store sales growth and reinforces its value-driven positioning.
JPMorgan's Mookim sees value in large banks; renewables, defence draw interest amid volatility
Sanjay Mookim, Head of India Equity Research, JPMorgan, said rising input costs and supply constraints are affecting smaller businesses, with some reporting production disruptions. Import costs have increased due to premiums over global benchmarks. While earnings downgrades are expected, valuations are moving closer to long-term levels, with select sectors drawing investor interest amid uncertainty.
Trade Spotlight: How should you trade Paytm, Marico, Aptus Value Housing, Lodha Developers, HDFC AMC, Electronics Mart India, and others on July 2?
The market may extend its upward journey, but sustainability will be the key factor to watch amid the ongoing range-bound trade. Below are some short-term trading ideas to consider.
Sensex Today | Stock Market Live: GIFT Nifty hints a muted start; US, Asian markets fall
Sensex Today | Stock Market LIVE Updates: Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits. The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07, the S&P 500 lost 56.06 points, or 0.74%, to 7,553.72 and the Nasdaq Composite lost 239.92 points, or 0.89%, to 26,853.98.
Trent stock adjusts down 33% as shares turn ex-bonus; HSBC stays bullish, sees upside
Trent shares adjusted downward by 33 percent as stock turned ex-bonus on June 4. However, the share price drop reflects bonus issue adjustment, not value loss.
Sensex Today | Stock Market Live: GIFT Nifty indicates a flat start; US, Asian markets rally
Sensex Today | Stock Market LIVE Updates: The S&P 500 and the Nasdaq surged to record-high closes on Wednesday, buoyed by signs of a resolution in the Middle East conflict, while strong earnings from Advanced Micro Devices sparked a rally in chipmakers and other AI-related stocks. The S&P 500 climbed 1.46% to end the session at 7,365.09 points. The Nasdaq gained 2.03% to 25,838.94 points, while the Dow Jones Industrial Average rose 1.24% to 49,910.59 points.
LIVE | Trump Says Op Epic Fury coming to an end | Oil slides 7%, Brent at $102 | Dollar lower
Global markets remained cautiously optimistic amid mixed economic and geopolitical signals. Donald Trump warned that Iran could face intensified bombing if it failed to agree to a peace deal, raising geopolitical tensions and supporting safe-haven demand. Asian equities were largely higher, with Nikkei 225 crossing the 62,000 mark for the first time, while Wall Street benchmarks gained 1–2% on hopes of global deal progress, pushing the S&P 500 and NASDAQ Composite to record closes. Meanwhile, the U.S. dollar index fell to 85 and the 10-year Treasury yield eased to 4.35%, boosting gold prices to over a one-week high near $4,678 per ounce. Crude oil prices also stayed elevated, with Brent around $101 per barrel and WTI near $95, while GIFT Nifty signaled a weak start for Indian markets.