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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.
The hidden reason global capital is looking beyond India for future growth
Foreign investors are reallocating capital away from India towards markets like Taiwan and South Korea that offer stronger exposure to AI and semiconductor growth. The trend highlights India’s structural gaps in innovation, limited deep-tech opportunities in listed markets, and rising concerns over valuations amid moderating earnings and slowing capital inflows.
AI cybersecurity firm Kratikal Tech to launch ₹39.7 crore IPO on June 30
AI-driven cybersecurity firm Kratikal Tech Ltd will launch the Rs 39.7-crore initial public offering (IPO) for public subscription on June 30. The three-day issue, which will close on July 2, is entirely a fresh issue of up to 29.4 lakh equity shares. The anchor portion will open for a day on June 29, the company said in a statement. The company has fixed a price band at Rs 128-135 per share. Its shares will be listed on the BSE SME with a tentative listing date fixed as July 7, it added. The IPO proceeds will be used for investments in its subsidiaries - Threatcop FZ LLC, UAE, and Threatcop AI Inc, USA - towards sales and marketing activities and workforce expansion, besides funding product development and meeting general corporate requirements. "The proceeds from the issue will enable us to accelerate our global expansion, strengthen our product portfolio, invest in innovation, and further enhance our sales, marketing, and talent capabilities across key markets," Pavan Kumar, ...
Tech volatility weighs on global stocks; oil falls towards four-month low
Global stocks fell as Apple's price hikes rattled tech shares, while oil slid on easing supply fears and gold edged higher on a weaker US dollar
US stock market today: S&P 500, Nasdaq futures slide up to 1% as global tech sell-off resumes
US stock futures declined on June 26 due to a renewed global technology sell-off. Nasdaq futures dropped 1.1%, influenced by concerns over high valuations, production cuts, and rising market volatility affecting investor sentiment.
GIFT Nifty tumbles over 150 points as global sell-off in AI stocks rattles sentiment
GIFT Nifty signals a weak start for Indian markets after a sharp global sell-off led by declines in AI and semiconductor stocks across Asia. Profit booking, weak tech sentiment and mixed Wall Street cues weighed on markets, even as analysts maintain a positive near-term outlook for Nifty above key support levels.
Asian stocks today: Nikkei, Kospi fall up to 8% amid tech stocks selloff
Asian equities experienced a sharp decline on June 26, with semiconductor stocks weighing heavily. The MSCI Asia Pacific Index fell 1.7%, while South Korea's Kospi dropped over 3%. Meanwhile, US equity futures pointed to weaker openings, reflecting concerns in global technology markets.
Global Market Today: Asian stocks decline led by tech, oil holds steady
Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile session on Wall Street, where tech giants like Apple experienced significant declines. Investors are closely watching the sustainability of high tech valuations amid concerns over AI spending and potential interest rate adjustments by the Federal Reserve.
India Secures Tech Access Guarantee From US Following Global Mythos AI Revocation
The recent decision to revoke global access to Anthropic's Mythos AI model had sparked questions over whether similar restrictions could affect strategic technology partners.
Top Gainers & Losers on June 25: HFCL, Tata Motors, IndiGo, CarTrade Tech, Paytm, UNO Minda among top gainers - Mint
Top Gainers & Losers on June 25: HFCL, Tata Motors, IndiGo, CarTrade Tech, Paytm, UNO Minda among top gainersMint
Lithium Urban bags investment from JSW Green Mobility, co eyes 3-fold growth in 2 years
Lithium Urban Technologies, backed by Eversource Capital, has secured a strategic investment from JSW Green Mobility to fuel a three-fold growth over the next two years. This move aims to boost the company's expansion in response to surging demand for sustainable, tech-driven mobility solutions.
Forget power: The unquenchable AI thirst propelling water stocks up to 45%
India's water sector is experiencing a surge, with stocks like Shakti Pumps and VA Tech Wabag jumping up to 45% in a month. This rally is fueled by increased government funding for water infrastructure and the growing demand from data centers for cooling. Experts predict wastewater treatment and recycling will be key growth areas, though current valuations reflect future optimism more than present earnings.