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Why Emkay is seeing Nifty at 29,000 by March 2027 despite oil shock, West Asia tensions
Emkay Global maintains a bullish outlook on Indian equities, projecting the Nifty could reach 29,000 by March 2027, driven by strong domestic growth, earnings recovery and policy support. The brokerage expects markets to navigate near-term volatility from geopolitical tensions & high crude prices. It also warns of macro risks from elevated oil but sees long-term structural growth in Indian equities intact.
Julius Baer keeps India allocation low amid AI, oil concerns
Julius Baer Global CIO Yves Bonzon says AI infrastructure spending by US hyperscalers is the single most important number to watch in markets, and that the upcoming wave of major US IPOs will be a key test of market appetite. He calls India a small, anti-AI and anti-oil allocation for now, warns of risks from the West Asia war, and says the memory chip trade underpinning Korea's rally remains fundamentally intact despite short-term volatility.
Standard Chartered likely to exit ICICI Pru Life bancassurance tie-up; may join Bharti Life Insurance
Sources said the bank currently contributes around 5% to ICICI Prudential Life’s annualised premium equivalent (APE) and about 6% to its retail APE.
INR slumps to fresh record lows amid rising oil prices fuelled by ongoing geopolitical tensions
The Indian rupee weakened further and closed at a record low of 96.35 (provisional) against the US dollar on Monday, pressured by rising crude oil prices on the back of ongoing geopolitical tensions and a strong dollar. During the day, the counter hit a low of 96.39. The global market sentiments continue to dampen amid simmering tensions between the US and Iran. Moreover, emerging market economies, including India, continue to feel the pressure of rising crude oil prices, as elevated rates increase the outflows of US dollars, along with the outflows already happening due to FPIs. Meanwhile, Indian shares ended little changed on Monday, after having suffered heavy losses earlier in the session on rising Middle East tensions and economic concerns. The benchmark BSE Sensex rebounded over 1,100 points from the day's lows before closing 77.05 points, or 0.10 percent, higher at 75,315.04.The NSE Nifty index also fell up to 1.3 percent in early trading before recovering to close up 6.45 ...
Nifty Bank falls 500 points as PNB, Canara Bank, SBI, other stocks decline up to 3%. What lies ahead?
Indian bank stocks tumbled, dragging the Nifty Bank index down as a weakening rupee and rising global bond yields soured market sentiment. Several major banks saw significant declines, with analysts pointing to key technical levels. The rupee hit an all-time low against the dollar, exacerbating concerns for the financial sector.
Benchmarks snap 4-day losing streak; Nifty settles above 23,400
Domestic equity benchmarks Sensex and Nifty snapped a four-session losing streak to close higher on Wednesday, aided by value buying in beaten-down stocks. Market recovered from early volatility and profit booking to rebound sharply from intraday lows, with the Nifty settling above the 23,400 mark. Gains were led by metal, consumer durable and energy shares, while IT and auto stocks remained under pressure. However, overall sentiment stayed cautious amid elevated crude oil prices, persistent foreign institutional investor outflows, rupee weakness and lingering global inflation concerns. The Indian rupee also touched a fresh intraday record low of 95.80 against the US dollar.
Stock Market Live Updates: BSE Sensex rises around 300 points; Nifty50 above 23,450 in a volatile session on mixed global cues - The Times of India
Stock Market Live Updates: BSE Sensex rises around 300 points; Nifty50 above 23,450 in a volatile session on mixed global cuesThe Times of IndiaSensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 450, Nifty above 23,500; metal ind...The Economic TimesWhy the Indian Stock Market May Be Entering a Long Phase of Low ReturnsThe Quint
INR closes at all-time low as global risk aversion resurfaces
The Indian rupee depreciated 35 paise to close at an all-time low of 95.63 (provisional) against the US dollar on Tuesday, as renewed tension between the US and Iran has led to risk aversion in global markets. Market sentiment remained dominated by fears that the 10-week-old conflict could further tighten global supply, particularly after President Donald Trump rejected Tehran's latest response to a US-backed peace proposal, calling it totally unacceptable. Moreover, market participants interpreted Prime Minister Narendra Modi's comments over the weekend regarding fuel conservation and lower imports as a subtle acknowledgement that India's trade deficit and balance-of-payments pressures could worsen if crude prices remain elevated for longer. The Sensex tumbled 1,456.04 points (1.92%) to settle at 74,559.24, while the Nifty 50 dropped 436.30 points (1.83%) to end at 23,379.55.
Sensex dips 3,400 points in 4 days. Is this the beginning of a bigger crash?
Indian equity markets fell for a fourth straight session as rising crude oil prices, geopolitical tensions, FII selling, and a record-low rupee triggered sharp losses across benchmark, midcap, and smallcap indices. Analysts warned volatility may persist unless global tensions ease and inflation concerns stabilise.
Sensex falls 700 points, Nifty below 23,650 as rupee weakens to record low amid Middle East tensions
Indian stock markets opened lower as the rupee hit a fresh lifetime low, influenced by elevated oil prices and US President Trump's rejection of Iran's peace proposal. The Sensex and Nifty extended losses, with IT stocks among the top decliners, reflecting broad bearish sentiment amid global uncertainties and FII selling.
Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell
BSE Sensex and NSE Nifty ended lower on May 8 but closed the week with gains. The Nifty rose 1%, while broader markets outperformed, with Midcap and Smallcap indices up 4%. Market volatility persisted amid global tensions and profit booking.
ET Alpha Wealth Summit: How AI, volatility and global trends will shape D-Street’s next move
Markets navigated Covid-19's impact and Trump's tariffs, only to face Middle East geopolitical tensions. The ET Alpha Wealth Summit on June 4 in Mumbai will gather experts to decode the market's next phase, explore AI's influence on jobs and the economy, and discuss global vs. local investment strategies amid high valuations. Registrations are open.