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🇮🇳32d ago
Accenture's 20% Fall Triggers Indian Tech Selloff Amid AI Concerns
Indian tech stocks, including Nifty IT index components Infosys and TCS, experienced sharp declines Friday following Accenture's significant drop due to weaker-than-expected revenue and order forecasts. The selloff highlights investor anxiety over AI-driven disruption in the technology sector, though analysts suggest current valuations may present buying opportunities despite ongoing growth uncertainty.
🇮🇳32d ago
Four Indian firms get Sebi nod to launch IPOs
The Securities and Exchange Board of India has cleared four companies—AGS Health, PGP Glass, Shreni Shares, and SRIT India—to proceed with their initial public offerings. The approvals, granted between June 16-19, mark progress in India's capital markets as these firms prepare to raise funds for working capital, debt repayment, and expansion.
🇮🇳32d ago
Sebi Approves Market Reforms: Buybacks Return, MF Intraday Borrowing Enabled
India's Securities and Exchange Board (Sebi) has approved a package of regulatory reforms aimed at enhancing market efficiency and investor protection, including the reintroduction of exchange-based open market buybacks and permission for mutual funds to access intraday borrowing. The moves also encompass faster alternative investment fund launches, simplified municipal bond fundraising, and streamlined securities transmission for legal heirs.
🇮🇳32d ago
Six BSE200 stocks hit 52-week highs despite Sensex weakness
Six stocks within India's BSE200 index, including Bharat Forge, GE Vernova T&D India, The Federal Bank, and Polycab India, reached 52-week highs on Friday despite a significant decline in the benchmark Sensex, with some stocks posting gains up to 25 percent over the past month. The outperformance suggests selective investor confidence and localized strength in specific sectors even as the broader market faced headwinds.
🇮🇳32d ago
Munger: Swim Against Tides, Don't Predict Them
Charlie Munger emphasized that investors should focus on improving their judgment and discipline rather than attempting to predict market movements. His philosophy underscores the importance of long-term thinking, strong fundamentals, and emotional control as foundations for investment success.
🇮🇳33d ago
IFCI shares recover 6% as NSE IPO optimism drives rally
IFCI shares rebounded 6% on Friday following a 9% decline in the prior session, as investor optimism surrounding the National Stock Exchange's long-awaited IPO continued to support the stock. The company's shares have surged 58% in less than a month and approximately 65% in 2026 so far.
🇮🇳33d ago
Ambani Faces Shareholder Pressure as RIL Seeks Recovery After Wealth Decline
Reliance Industries Chairman Mukesh Ambani confronts shareholder scrutiny at the company's annual general meeting following a Rs 1.5 lakh crore erosion in market capitalization. Investors are seeking transparency on Jio's IPO plans, artificial intelligence monetization strategies, and renewable energy initiatives to restore investor confidence.
🇮🇳33d ago
SpaceX Bankers Prepare for at Least $20 Billion Bond Sale
SpaceX is preparing to raise at least $20 billion through a bond offering, marking the company's first issuance of investment-grade US dollar bonds. The proceeds will refinance a significant bridge loan following the company's record initial public offering.
🇮🇳33d ago
RBI to conduct Rs 1 lakh crore 3-day VRR auction on June 19
The Reserve Bank of India announced a Rs 1 lakh crore variable rate repo auction scheduled for June 19, according to reports. The operation aims to manage banking system liquidity and stabilize overnight money market rates following recent central bank interventions.
🇮🇳34d ago
Indian Rupee Hits Six-Week High on Offshore and Exporter Flows
The Indian Rupee reached a six-week high on Thursday, driven by increased dollar selling from offshore markets and strong exporter inflows, according to reports. The currency's recovery was further supported by declining oil prices, marking a turnaround from recent weakness linked to the Federal Reserve's monetary stance.
🇮🇳34d ago
Five PSU shareholders to offload 2.37 crore shares in NSE IPO
Five public sector undertakings, including SBI and IDBI Bank, plan to divest 2.37 crore shares in the National Stock Exchange's initial public offering, which has been structured entirely as an offer for sale. The Rs 30,000 crore transaction could become India's largest IPO, with NSE valued at approximately Rs 5 lakh crore based on the DRHP filing with SEBI.
🇮🇳34d ago
US stocks fall over 1% as Fed signals higher rates ahead
Major US stock indices including the Nasdaq and S&P 500 declined more than 1% on Wednesday following Federal Reserve signals of potential rate hikes later this year. The hawkish shift, marked by new Fed Chair Kevin Warsh's emphasis on inflation control, triggered a reversal from earlier market expectations of rate cuts.
🇮🇳34d ago
Indian Equities Extend Rally on Easing Tensions and Softer Yields
Indian stock markets advanced for a fourth consecutive session, supported by easing geopolitical tensions, declining crude oil prices, lower bond yields, and a strengthening rupee that collectively boosted investor sentiment. Strength in IT stocks, metals, and public sector bank shares drove benchmark gains, while the India VIX remained subdued, reflecting improved market confidence.
🇮🇳35d ago
IDBI Bank Shares Surge 19% on Privatisation Revival Hopes
IDBI Bank shares rose sharply on Wednesday, extending a four-session rally as reports indicated the government is exploring ways to revive stake-sale discussions for the lender. The rally was supported by heavy trading volumes and renewed investor optimism around the privatisation process, alongside improving asset quality and strong net interest income growth.
🇮🇳35d ago
Brigade Enterprises shares rally 10% after bonus issue announcement
Brigade Enterprises shares adjusted downward by 22% on Wednesday following a 1:3 bonus issue, but subsequently rallied approximately 10% as the decline was purely technical. The company's first bonus issue in nearly seven years granted shareholders one additional share for every three shares held, with no impact on underlying shareholder value.
🇮🇳35d ago
Tech Weakness Drags Nasdaq Lower as Dow Hits Record High
US equities displayed mixed performance on Tuesday, with the Nasdaq and S&P 500 declining due to technology sector weakness, while the Dow Jones Industrial Average achieved its second consecutive record close. The market movement reflected investor rotation away from tech stocks toward financials and industrials ahead of the Federal Reserve's upcoming policy decision.
🇮🇳35d ago
SpaceX Options Trading Debut Sets Record Volume in First Hour
SpaceX options trading commenced on Tuesday with record-breaking activity, as over half a million contracts traded within the first hour, making it the most heavily traded company on its debut options day. Strong demand for bullish call options helped drive the stock price higher, positioning SpaceX among the top-five most valuable companies.
🇮🇳35d ago
India's InvITs distribute Rs 22,800cr to unitholders in FY26
Infrastructure Investment Trusts in India distributed nearly Rs 22,800 crore to unitholders during fiscal year 2026, while assets under management expanded to Rs 7.1 lakh crore and the unitholder base surged 64 percent. The growth signals strengthening investor confidence in InvITs as a reliable income-generating investment vehicle.
🇮🇳36d ago
Nomura Lifts Adani Ports Target Price 12% on Favorable Revenue Mix
Nomura has raised its share price target for Adani Ports and Special Economic Zone to Rs 2,080 from Rs 1,850, implying approximately 15% upside from current levels while maintaining a Buy rating. The upgrade reflects marginally increased EBITDA forecasts for FY27 and FY28, supported by expectations of improved revenue composition, though the brokerage cautioned against slower cargo growth and geopolitical risks.
🇮🇳36d ago
Rupee hits 5-week high as West Asia peace deal eases oil pressure
The Indian rupee reached a five-week high on Monday following reports of an initial peace deal in West Asia, with oil prices declining significantly to ease inflationary pressure on India's economy. The rally also supported benchmark bond yields, which fell to their lowest levels since mid-April, signaling growing trader optimism about the rupee's near-term performance.