Market News

Midcap Stocks Show 25-45% Upside Potential, Analysts Say

According to analyst consensus data, nine Nifty Mid-Cap 100 stocks are estimated to deliver gains between 25% and 45% over the next 12 months. The broad-based opportunity spans multiple sectors including e-commerce, real estate, FMCG, and infrastructure, with many companies receiving Buy and Strong Buy ratings.

FPI outflows near Rs 33,000 crore in May amid rupee weakness

Foreign Portfolio Investors withdrew nearly Rs 33,000 crore from Indian markets in May, continuing a prolonged outflow trend that began in March. The sustained selling reflects concerns over rupee depreciation and broader market headwinds affecting foreign investor sentiment.

SpaceX, OpenAI Windfall Fuels Bets on Asian AI Supply Chain Winners

Investors are redirecting capital toward Asian supply chain companies in anticipation of significant capital raises from tech giants SpaceX and OpenAI, betting on increased technology spending for servers, materials, and power equipment. The strategic pivot reflects expectations of a potential rally in Asian stock markets driven by heightened demand across the AI infrastructure ecosystem.

Fourteen penny stocks plunge up to 55% in two months

Fourteen penny stocks have experienced sharp declines of up to 55% over the past two months, underscoring the volatility and risks inherent in low-priced equities. The selloff highlights concerns around weak liquidity, elevated volatility, and governance issues that make penny stocks particularly vulnerable to severe corrections and investor losses.

Midcaps in Sweet Spot Despite Peak Valuations, Says Nippon India

Nippon India Mutual Fund's Rupesh Patel maintains a constructive stance on midcap equities, arguing that recent valuation corrections have created attractive entry points despite indices reaching new highs. He recommends a selective approach focusing on financials, consumer discretionary, and industrials while employing bottom-up stock-picking to manage macro risks.

Indian Investors Need Global Exposure Amid Rupee Weakness

Indian investors face mounting currency and structural risks in domestic-only portfolios as the rupee weakens amid oil pressures and capital outflows, making global diversification a strategic imperative. Dollar-denominated assets offer both return potential and currency protection in the current environment.

Reliance, Trent Among 20 Stocks Going Ex-Date This Week

Twenty Indian stocks, including Reliance Industries and Trent, are turning ex-date this week for corporate actions such as dividends and bonus issues. Investors must hold shares by the record date to qualify for these distributions.

Jupiter Wagons Q4 PAT Tumbles 72% to Rs 29 Crore Amid Revenue Decline

Jupiter Wagons reported a sharp 72% decline in net profit to Rs 29 crore for the March quarter, with quarterly revenue falling 25% year-over-year to Rs 780 crore. The company's full-year profit after tax decreased 56%, reflecting significant operational headwinds despite potential opportunities from Indian Railways' planned freight wagon tender.

Nifty Range-Bound Amid Market Selloff; Banks, IT Offer Opportunities

Indian equities experienced a sharp decline on Friday, with Sensex and Nifty falling over 1% due to passive fund outflows from MSCI index rebalancing, wiping out Rs 6 lakh crore in market capitalization. Despite the weakness and elevated volatility, analyst Sudeep Shah identifies selective opportunities in banking and IT sectors, recommending seven stocks for consideration.

Nifty Range-Bound as Volatility Spikes; Analyst Picks 7 Stocks

Indian equity markets experienced a sharp decline on Friday with Sensex and Nifty falling over 1%, triggered by passive fund flows from MSCI index reshuffles that wiped out Rs 6 lakh crore in market capitalization. Analyst Sudeep Shah identifies opportunities in banking and IT sectors despite the market indecisiveness and lack of directional momentum.

Triveni Engineering Q4 profit declines; FY26 full-year profit up 12.8%

Triveni Engineering & Industries reported consolidated net profit of Rs 167.4 crore in Q4 FY26, down from Rs 187.1 crore year-over-year, though full-year FY26 net profit rose 12.8% to Rs 268.7 crore with revenue growth of 11.9%. The results reflect the integration of Sir Shadi Lal Enterprises, which became effective from April 1, 2025.

Triveni Engineering Q4 profit declines but FY26 shows 12.8% growth

Triveni Engineering & Industries reported Q4 FY26 consolidated net profit of Rs 167.4 crore, down from Rs 187.1 crore year-over-year, though full-year FY26 net profit rose 12.8% to Rs 268.7 crore on revenue growth of 11.9%. The results incorporate the amalgamation of Sir Shadi Lal Enterprises effective April 1, 2025.

Zara India profit falls 32% to Rs 204 crore in FY26

Zara's India operations reported a 31.9% decline in profit to Rs 204.14 crore for FY26, accompanied by a slight revenue decrease, as parent company Trent Ltd reduced its stake in the joint venture. The contraction contrasts with growth reported by another joint venture, Massimo Dutti, operating in the same market.

Shalibhadra Finance targets Rs 500cr AUM as profit surges 22%

Shalibhadra Finance reported a 22% profit increase in FY25 and aims to achieve Rs 500 crore in assets under management, with plans to more than double its loan book by FY29. The expansion strategy includes launching new products like Micro LAP and home loans alongside geographic diversification and technology upgrades.

India's Social Stock Exchange Gets CSR Funding Green Light

India's Ministry of Corporate Affairs has amended rules to allow companies to channel Corporate Social Responsibility spending through the National Stock Exchange's Social Stock Exchange platform. The move aims to expand funding for non-profit organizations while improving transparency and accountability in the social impact sector.

Nifty Consolidates as 23,800 Remains Key Breakout Level

India's Nifty index ended the week with modest losses amid MSCI rebalancing flows, consolidating between 23,300-23,400 support and 23,800 resistance levels. Traders are advised to adopt a selective approach and lock in profits as the market navigates the consolidation zone.

Bitcoin retreats to $73K as ETF inflows, shrinking reserves signal bullish undercurrents

Bitcoin has pulled back to $73,000 after failing to sustain momentum from its May peak near $83,000, while Ethereum trades below $2,000 amid broader market pressure. Despite near-term technical headwinds, growing exchange outflows and continued ETF inflows suggest longer-term accumulation patterns that may support the asset class's broader structure.

Abakkus Portfolio Posts 6% Growth; Six Stocks Rally Up to 75% in 2026

Sunil Singhania's Abakkus Asset Manager portfolio expanded to Rs 2,742 crore in the March 2026 quarter, recording a 6% quarterly increase with notable gains in select holdings including Avalon Technologies and Suven Life Sciences during the calendar year. The portfolio saw mixed performance overall in CY26, though six stocks delivered returns of up to 75% while the fund also added five new positions in the fourth quarter.

FIIs pull Rs 20,637 crore in single day as MSCI rebalancing triggers sharp exit

Foreign portfolio investors offloaded Indian equities worth a net Rs 20,637 crore on Friday in one of the sharpest single-day selloffs, according to reports. The massive outflow coincided with MSCI index rebalancing, which resulted in heightened trading volumes and raised questions about high-frequency trading's role in amplifying market swings.

14 BSE Smallcaps Decline for 5 Consecutive Sessions Amid Market Weakness

Fourteen smallcap stocks listed on the BSE declined continuously over five trading sessions ending May 29, with losses reaching up to 15 percent, according to reports. The weakness occurred as the Sensex itself fell 408 points during the same period, with Wakefit Innovations, Master Trust, and Godavari Biorefineries leading the declines.