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Global Capital Is Chasing AI Giants, But India Remains a Stock Picker's Market, Says Hiren Ved
The veteran fund manager noted that while the Nifty has largely moved sideways over the past two years, several stocks have generated substantial returns during the same period.
Hindalco offers favourable risk-reward, says HSBC; sees stock at ₹1,430
The brokerage said that while benchmark aluminium prices on the London Metal Exchange (LME) have remained firm, physical aluminium premiums have risen sharply, with recent offers crossing $450 per tonne.
Gold ETFs drop 2–3%, silver funds crash over 6% amid global metal selloff
Gold and silver ETFs slump as global precious metal prices fall, with silver funds hit hardest, analysts warn of continued pressure amid shifting risk sentiment.
Quantum Advisors' Nilesh Shetty sees value in private banks and IT; trims exposure to metals
Nilesh Shetty, Portfolio Manager at Quantum Advisors, believes India could benefit if the global AI trade loses momentum, though he does not expect foreign inflows to pick up meaningfully amid concerns over the rupee and geopolitical tensions. The fund remains positive on private sector banks, insurance companies and large-cap pharma stocks, while selectively adding IT services and logistics names. At the same time, it has been trimming metal and commodity exposure after a strong three-year rally, with Shetty seeing better opportunities in IT for patient investors. 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.
Sensex drops 573 pts; metal shares lose sheen
At 11:30 IST, the barometer index, the S&P BSE Sensex, tanked 573.14 points or 0.77% to 73,665.99. The Nifty 50 index fell 177.30 points or 0.76% to 23,189.40.
Three Metal stocks that are down over 10% in the last four sessions
A rising US Dollar is generally negative for metals as they are globally priced in that currency and therefore a rising dollar means decreased purchasing power and higher yields mean investors prefer interest yielding instruments instead of commodities like metals, which do not yield any interest.
Two Adani Group stocks in focus as GQG sells stake in Rs 5,750 crore deal; SBI MF lone buyer
Adani Enterprises and Adani Energy Solutions will be in focus after GQG Partners sold stakes worth about Rs 5,750 crore via block deals, with SBI Mutual Fund buying the shares. The move is seen as portfolio rebalancing following a strong recovery in Adani Group stocks over the past year.
Gold price falls ₹10 to ₹1,52,720; silver down ₹100, trading at ₹2,74,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,990
Hindalco expects aluminium to shine bright downstream
Upstream operations typically involve extraction of raw materials to produce basic metal, the pricing for which is largely dependent on global commodity prices. Downstream operations are a value addition to the basic metal, converting it specifically as per customers' requirements, and has more stable pricing compared to the basic metal.
Smart money move: Why Groww MF's equity chief is betting on multicap strategies
Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combined with bottom-up investing is suitable for current market conditions. Valuations in mid and small caps have improved, making active stock picking more viable. Tiwari highlights opportunities in financials, industrials, autos, and specialty chemicals.
SBI MF acquires stakes in Adani Enterprises, Adani Energy Solutions from GQG for Rs 5,748 crore
SBI Mutual Fund acquired stakes in Adani Enterprises and Adani Energy Solutions from GQG Partners through open market transactions worth a combined Rs 5,747.54 crore on 5 June 2026.
Gold price falls ₹10 to ₹1,55,720; silver down ₹100, trading at ₹2,74,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,740