Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Nasdaq jumps over 1% as investors return to tech stocks
The Nasdaq led gains at the open as investors returned to technology stocks amid easing geopolitical tensions. Focus now shifts to the June nonfarm payrolls report, a key gauge for future Fed policy.
Tech Mahindra To Deploy Perplexity AI Across Sales, Customer-Facing Teams
The integration of 'Perplexity Enterprise Pro' aims to equip senior sales leaders and customer partners with intelligent tools to research customer priorities efficiently.
Top Gainers & Losers on June 29: Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, OLA among top losers
Indian equities continued their decline on June 29, with the Nifty 50 dropping 0.46% and the BSE Sensex falling 0.44% amid renewed Middle East tensions. While pharmaceutical and metal stocks gained, auto and technology shares suffered notable losses, reflecting mixed sectoral performance.
Diamonds shine as gold buyers adapt to price volatility
As Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya brand reports an uptick in diamond-studded items, alongside an increase in old gold exchanges. Meanwhile, Aditya Birla Jewellery is shifting its focus from the classic 4Cs to sparkle, aiming to resonate with the younger audience eager for fresh trends.
IPO delay? OpenAI considering pushing back listing to 2027 amid volatility in tech stocks, says report
OpenAI is considering delaying its IPO until 2027 due to recent tech stock volatility, as reported by the New York Times. CEO Sam Altman aims for a $1 trillion valuation, working with Goldman Sachs and Morgan Stanley for a potential listing.
US markets today: Dow Jones, Nasdaq, S&P 500 rise as AI-linked stocks stabilise
US stocks opened higher on Wednesday as chip stocks rebounded from recent losses, helping lift the S&P 500 and Nasdaq after a sharp tech sell-off in the previous session. Investor sentiment was also supported by a decline in oil prices and focus on upcoming Micron earnings, which are expected to provide key signals on artificial intelligence-driven demand trends.
Stocks to Watch today: IRFC, Yes Bank, Ola, NLC India, Bajaj Auto, Infosys
Stocks to Watch today: IRFC, Yes Bank, Ola Electric, Bajaj Auto, Infosys, Tech Mahindra, City Union Bank, Rajesh Exports, PFC, Honasa Consumer are among other stocks that will be in focus today.
Syrma SGS Tech climbs after inking pact with Kaga Electronics to set up EMS facility
Syrma SGS Technology rallied 3.95% to Rs 1388.05 after the company entered into an agreement with Kaga Electronics India to develop EMS manufacturing facility in India through a joint venture (JV).
Info Edge shares in focus as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 crore
Info Edge shares will be in focus after the company reported its AI startup portfolio has more than doubled to Rs 1,268 crore from Rs 614 crore. Overall startup investments are valued at about Rs 41,300 crore, driven by strong gains in consumer tech and steady growth in deeptech bets.
Top gainers and losers, June 22: Cipla jumps 5%, Tech Mahindra, Dr. Reddy’s up 2%, Titan down 1%; check list - Upstox
Top gainers and losers, June 22: Cipla jumps 5%, Tech Mahindra, Dr. Reddy’s up 2%, Titan down 1%; check listUpstox
Stocks to watch: Sun Pharma, Nestle India, Bharat Forge among shares in focus today; check list here
Stock market today: On Friday, the Sensex fell 607.08 points, or 0.78%, to finish at 76,802.90, while the Nifty 50 slipped 154.90 points, or 0.64%, to settle at 24,013.10.
Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGC
Indian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despite this, the broader recovery trend remains intact above 23,700. Several companies like Sun Pharma, Tata Motors, and ONGC are in focus due to significant business developments, including acquisitions, order wins, and strategic repositioning.