Page 3 - Latest Updates on Stock Market
Vedanta group's 4 demerged businesses set for stock market debut on June 15
The much-awaited demerger is likely to unlock substantial value for shareholders since each company will now operate independently and raise capital as per its business plans
 "Vedanta group's 4 demerged businesses set for stock market debut on June 15")
Asian shares decline after another AI-led sell-off drags Wall Street lower
Hong Kong's Hang Seng edged 0.2 per cent higher, to 24,468.82, but the Shanghai Composite index fell 0.2 per cent to 3,983.80
 "Asian shares decline after another AI-led sell-off drags Wall Street lower")
Govt launches NLC India OFS; Carlsberg eyes $700 million India IPO
The Centre plans to divest up to 3 per cent in NLC India through an offer for sale, while Carlsberg is preparing draft papers for a potential India listing
 "Govt launches NLC India OFS; Carlsberg eyes $700 million India IPO")
Markets slide 1% as renewed Iran-Israel tensions lift crude oil prices
Benchmark indices post their steepest decline in over two months as rising crude prices, geopolitical uncertainty and global risk aversion dampen investor sentiment
 "Markets slide 1% as renewed Iran-Israel tensions lift crude oil prices")
Cash market turnover at 22-month high in May; derivatives volumes subdued
Cash market turnover hit a 22-month high in May, driven by strong mid- and small-cap participation, while derivatives volumes stayed muted amid regulatory curbs
 "Cash market turnover at 22-month high in May; derivatives volumes subdued")
Street Signs: Korea's rally, Adani's fund appeal and a flight-seat crunch
Foreign selling paints different pictures in India and South Korea, mutual funds warm to Adani stocks, and investor conferences create an unexpected travel bottleneck
 "Street Signs: Korea's rally, Adani's fund appeal and a flight-seat crunch")
Nasdaq drops 4.2% as rate hike fears, West Asia conflict hit stocks
On Wall Street, all three indexes ended lower, led by a selloff in technology shares, including AI chipmaker Nvidia
 "Nasdaq drops 4.2% as rate hike fears, West Asia conflict hit stocks")
India's AI lag could shield it from a painful market reckoning
The AI boom, especially in terms of market valuations, is essentially no different from Tulip Mania, the South Sea Bubble, the dotcom boom, the subprime lending euphoria of the noughties, or other spe
 "India's AI lag could shield it from a painful market reckoning")
A little-known Indian stock's 530% rally reveals hidden AI winners
Leading the AI rally is Sterlite Technologies, up over 530% this year after securing a $1.1 bn US hyperscaler contract; Peers HFCL and MTAR Technologies have gained 191% and over 200%, respectively
 "A little-known Indian stock's 530% rally reveals hidden AI winners")
Nomura raises March 2027 Nifty target to 25,900 on earnings strength
High oil prices and geopolitical risks remain key concerns, says brokerage
 "Nomura raises March 2027 Nifty target to 25,900 on earnings strength")
South Korea overtakes India as world's 6th largest stock market on AI rally
Samsung Electronics and SK Hynix, newly minted members of the $1 trillion valuation club, have powered Korea's equity surge, lifting the Kospi's 2026 gains to more than 100% through AI memory chips
 "South Korea overtakes India as world's 6th largest stock market on AI rally")
Wockhardt eyes $1.5 bn peak sales from Zaynich, targets US launch by yr-end
Novel antibiotic to be launched in India around the same time; company to commercialise product on its own in US
 "Wockhardt eyes $1.5 bn peak sales from Zaynich, targets US launch by yr-end")
India Inc scorecard: Q4 earnings, revenue gain pace, grow in double digits
PSUs, cyclicals, non-bank lenders drove profit growth
 "India Inc scorecard: Q4 earnings, revenue gain pace, grow in double digits")
Market breadth positive for second straight month despite volatility
According to BSE data, the advance-decline ratio (ADR) stood at 1.06 in May, with 2,498 stocks gaining and 2,352 declining, even as the Sensex fell nearly 3 per cent during the month
 "Market breadth positive for second straight month despite volatility")
Sensex, Nifty slide 1.5% as MSCI rejig triggers late-hour market selloff
Benchmark indices posted their steepest fall in over two weeks as MSCI rebalancing triggered heavy passive fund outflows and a sharp late-session selloff
 "Sensex, Nifty slide 1.5% as MSCI rejig triggers late-hour market selloff")
Sebi fines Suzlon Energy, KMPs ₹29 crore for 'financial misreporting'
Sebi fined Suzlon Energy and key executives over alleged disclosure lapses that misrepresented the company's financial position and risks
 "Sebi fines Suzlon Energy, KMPs ₹29 crore for 'financial misreporting'")
Stock markets decline for 2nd day on selling in oil, gas, banking shares
Indian markets ended lower for a second day as geopolitical uncertainty, foreign fund outflows and elevated crude prices kept investors cautious
 "Stock markets decline for 2nd day on selling in oil, gas, banking shares")
South Korean stocks beat dotcom-era gains with 100% surge in 2026
Powered by chip giants SK Hynix and Samsung, South Korea's Kospi has doubled in 2026, reviving comparisons with the dotcom-era rally
 "South Korean stocks beat dotcom-era gains with 100% surge in 2026")
Taiwan overtakes India as world's 5th largest stock market on TSMC rally
Taiwan's ascent up the global equity rankings is largely driven by TSMC, which now accounts for about 42 per cent of the benchmark index, representing intense market concentration
 "Taiwan overtakes India as world's 5th largest stock market on TSMC rally")
AI-fuelled rally drives global momentum stocks to record performance
Bulls say the AI frenzy can continue luring money into the market's biggest winners, though some caution that the scale of the outperformance is a warning sign
 "AI-fuelled rally drives global momentum stocks to record performance")