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TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.
Nifty trades below 24,250 mark; FMCG shares decline; VIX jumps 4.78%
At 13:30 IST, the barometer index, the S&P BSE Sensex declined 586.14 points or 0.75% to 77,597.96. The Nifty 50 index fell 179.95 points or 0.74% to 24,219.80.
Stock Market Mid-Day Report, July 8, 2026: Sensex, Nifty Decline Further at Midday; Iran-US Hostilities Rattle Investors - HDFC Sky
Stock Market Mid-Day Report, July 8, 2026: Sensex, Nifty Decline Further at Midday; Iran-US Hostilities Rattle InvestorsHDFC Sky
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.
Nifty Down 0.5%, Sensex Drops 400 Points: Three Reasons Why Market Is Falling
The broader market is facing slight pressure too, with the Nifty Smallcap 250 falling almost 0.1%, and the Nifty Midcap 150 dropping about 0.16%.
Nifty below 24,250; FMCG shares decline
At 10:30 IST, the barometer index, the S&P BSE Sensex, tanked 493.32 points or 0.63% to 77,687.40. The Nifty 50 index lost 155.20 points or 0.64% to 24,243.50.
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top Losers - Equitymaster
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top LosersEquitymaster
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top Losers - Equitymaster
Sensex Today Tanks 531 Points | Nifty Below 24,250 | Bajaj Finance & ITC Top LosersEquitymaster
Indian Rupee loses momentum as international oil prices and dollar firms up
The Indian rupee lost momentum in opening trades on Wednesday as international oil prices and dollar firmed up following renewed tensions between US and Iran. Reported US air strikes on Iran drove oil prices higher, fueling inflation concerns and reinforcing expectations of interest rate hikes that kept dollar index upbeat. Meanwhile, investors also wait for the minutes of the Federal Reserves June meeting for additional insight into the policy outlook. INR opened at Rs 95.15 per dollar and hit a low of 95.19 so far during the day. Local equities are also seen in negative tracking global peers on concerns that the AI-fueled rally in chipmakers may be losing momentum. The Nifty 50 has fallen below 24,250 while the BSE Sensex has tumbled over 550 points, trading around the 77,60077,800 range. Yesterday, rupee appreciated 48 paise to close at 94.95 against the US dollar, on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties.
Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple
Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.
Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalates
Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The Indian rupee opened lower against the US dollar amid these developments.