Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Hedge funds buy global stocks for fourth week, sell tech By Investing.com - Investing.com India
Hedge funds buy global stocks for fourth week, sell tech By Investing.comInvesting.com India
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt...The Economic TimesIndian shares join global rally on Gulf peace dealReutersSensex Today | Stock Market Live: Sensex up 860 pts, Nifty above 23,850; MTAR Tech, HDFC Bank, IFCI most activeMoneycontrol.comIndian stocks, rupee rally as crude oil prices drop on West Asia peace deal announcementThe Indian ExpressStock Market Live June 15: Sensex rises 900 points, Nifty tops 23,900; rupee gains on Iran-US deal optimismBusinessLineStock Market LIVE: Sensex off 400 pts from day's high; Nifty below 23,950; Ashoka Buildcon jumps 14%Business StandardSensex jumps 1,200 points: Why is stock market rising today?India TodayFrom Gift Nifty, US-Iran peace deal to crude oil prices: 10 key things that changed for Indian stock market over weekendMintSensex Today Rallies 1,695 Points | Nifty Above 23,600 | 4 Reasons Why Indian Share Markets Are RisingEquitymaster
Jio Platforms breaks into global top 20 in latest WIPO patents rankings; climbs 320 places on coveted chart
Akash Ambani, Managing Director of Jio Platforms said that the rise of JPL to the global top 20 in the WIPO PCT rankings reflects years of efforts towards transformation into a deep-tech company
Sterlite Tech, HFCL shares rally up to 5% after 2-day fall. What’s triggering the surge?
Shares of HFCL and Sterlite Technologies surged up to 5% on Friday, recovering from a two-day decline. This rebound follows a global tech stock recovery and is driven by India's booming data center industry, fueled by digitalization and AI demand. Both companies, key players in optical fiber cable manufacturing, are poised for further growth, with analysts maintaining positive outlooks.
Another AI aftershock sends Indian IT stocks for a tumble
Indian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disruption. Global tech stock declines, particularly in the Nasdaq, further fueled the sell-off. Analysts suggest a potential cyclical recovery in September, but caution that geopolitical tensions could cause delays.
The conviction in India continues to be very high: Citi's Achintya Mangla
India is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently cautious, questioning India's position in the global AI race and seeking improvements in ease of doing business. Despite short-term volatility, long-term conviction in India remains strong, supported by favorable demographics and growing manufacturing.
Japan stocks steady after volatile session amid Middle East concerns
Even with the rebound, tech shares stayed under pressure due to worries about stretched AI valuations, which continue to weigh on Japanese firms tied to the global AI boom. Domestically, investors are watching the Bank of Japan, which is expected to raise interest rates next week to tackle soaring energy costs linked to the Middle East conflict.
IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment
Analysts attributed the sustained weakness in the Nifty IT index to broad-based pressure in global technology stocks, cautious sentiment over slower US tech spending, and rising geopolitical tensions
Why are Indian IT stocks falling today? Infosys, HCL Tech, TCS tumble as global tech selloff deepens - Mint
Why are Indian IT stocks falling today? Infosys, HCL Tech, TCS tumble as global tech selloff deepensMint
Infosys, TCS, HCLTech Lead Nifty IT Lower; Index Sheds More Than 2% Amid Global Tech Selloff
The selloff mirrors overnight weakness across global technology indices, with the Nasdaq Composite notably falling almost 2% on Wednesday.
Charting 6G Road Map: Talks soon with focus on desi tech and patents
India is initiating plans for a 6G mobile communication transition. Discussions will focus on developing local technology and fostering research. The goal is to integrate AI and ensure universal coverage, including remote areas. India aims for a significant share of global 6G patents. Preparations are underway for a future rollout.
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?
Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, some analysts believe the sector is poised for recovery, arguing Gen-AI presents an opportunity rather than an existential threat. Valuations have become attractive, leading to upgrades for major IT firms.