Stock Market

Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced

Vedanta group's four demerged businesses are expected to list on the Bombay Stock Exchange and National Stock Exchange on Monday, sources said. Besides Vedanta Ltd, which is already listed, the shares of four newly created entities --Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power and Vedanta Iron & Steel (VISL) -- will begin trading on Indian stock exchanges. 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, while giving investors an opportunity to invest in a specific sector. Vedanta's demerger was approved by the National Company Law Tribunal in December last year. Under the 1:1 approved demerger scheme, shareholders will receive one share of each demerged company for every one share held in the currently listed Vedanta Ltd. During an investors' call after the fourth quarter financial results, Vedanta Resources CEO Deshnee ...

Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the US market sharply lower. US futures advanced and oil prices gained more than USD 1 a barrel. Tokyo's Nikkei lost 0.5 per cent to 63,878.60, while the Kospi in South Korea was also down 0.2 per cent, at 7,720.75. 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. In Australia, the S&P/ASX 200 likewise shed 0.2 per cent to 8,632.50. Taiwan's Taiex slipped 0.4 per cent. On Wednesday, Wall Street's former superstars continue to face heavy scrutiny. The S&P 500 dropped 1.6 per cent for its first back-to-back drop in three weeks. Closing at 7,266.99, it's back to where it was in early May. The Dow Jones Industrial Average tumbled 953 points, or 1.9 per cent, to 49,918.78. The Nasdaq composite led the market lower with a 2 per cent slide, to 25,169.50. Wall Street has been shaky since last week, when

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

Benchmark indices post their steepest decline in over two months as rising crude prices, geopolitical uncertainty and global risk aversion dampen investor sentiment

India’s stock market may be heading towards its first annual decline in more than a decade. Foreign investors have already pulled out over 23 billion dollars from Indian equities in 2026.

South Korea has overtaken India to become the world’s sixth-largest stock market. Its market capitalisation has surged 86% this year to $5 trillion

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

Foreign selling paints different pictures in India and South Korea, mutual funds warm to Adani stocks, and investor conferences create an unexpected travel bottleneck

On Wall Street, all three indexes ended lower, led by a selloff in technology shares, including AI chipmaker Nvidia

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

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

High oil prices and geopolitical risks remain key concerns, says brokerage

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

Novel antibiotic to be launched in India around the same time; company to commercialise product on its own in US

PSUs, cyclicals, non-bank lenders drove profit growth

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

Benchmark indices posted their steepest fall in over two weeks as MSCI rebalancing triggered heavy passive fund outflows and a sharp late-session selloff

Sebi fined Suzlon Energy and key executives over alleged disclosure lapses that misrepresented the company's financial position and risks

Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...