Page 4 - Markets News
Goldman ups Dec'26 oil forecast to $90/bbl; 2027 worst-case pegged at $125
WTI crude prices, which are unusually low versus Brent because of high US-Europe shipping costs, Goldman Sachs' analysts said, are likely to average $81 in December 2026 and $73 in 2027.
 "Goldman ups Dec'26 oil forecast to $90/bbl; 2027 worst-case pegged at $125")
Rupee opens over 1% higher at 95.73 on RBI measures to curb dollar demand
The rupee opened at 95.73 against the greenback today compared with Friday's close of 96.76. As of 9.14 AM, it was trading at 95.76, according to Bloomberg data.
 "Rupee opens over 1% higher at 95.73 on RBI measures to curb dollar demand")
DMart stock down 3%: Why brokerages are mixed on RK Damani co after Q2 show
Avenue Supermarts reported an increase of 8.5 per cent in consolidated net profit at ₹742.98 crore for the September quarter, on a year-on-year basis.
 "DMart stock down 3%: Why brokerages are mixed on RK Damani co after Q2 show")
Asian shares cautious as earnings loom, oil prices slip on easing fears
South Korean stocks fell 1.1%, while MSCI's broadest index of Asia-Pacific shares outside Japan was little changed
 "Asian shares cautious as earnings loom, oil prices slip on easing fears")
3 bullish stocks to track: Glenmark Pharma, Karur Vysya Bank and Go Digit
Choice Broking analyst Sachin Gupta has recommended three stocks to buy today in cash: Glenmark Pharma, Go Digit and Karur Vysya Bank.
 "3 bullish stocks to track: Glenmark Pharma, Karur Vysya Bank and Go Digit")
Angel One: Nifty's technical setup remains weak; Trent among 3 stock ideas
From a technical perspective, the 22,200-22,000 zone emerges as a crucial support threshold, and any decisive breach below this range could weaken the near-term market structure further.
 "Angel One: Nifty's technical setup remains weak; Trent among 3 stock ideas")
HCL Tech Q2 preview: 6 key things to watch out for in IT major's earnings
HCL Tech's board would consider the payout of a third interim dividend for FY27, along with Q2 results.
 "HCL Tech Q2 preview: 6 key things to watch out for in IT major's earnings")
Nifty 50 trails Asian peers; Kospi and Taiex nearly double, shows data
The Nifty 50 ranked second-last among 18 major markets over the past year, ahead only of Indonesia, Bloomberg data show
 "Nifty 50 trails Asian peers; Kospi and Taiex nearly double, shows data")
Nifty's 2027 challenge: Can it outrun S&P 500 amid global mkt uncertainty?
India's earnings growth and relatively lower trailing valuations offer hope, but foreign outflows and external risks could limit the Nifty's recovery
 "Nifty's 2027 challenge: Can it outrun S&P 500 amid global mkt uncertainty?")
Street signs: IPO activity set to regain momentum, new MF schemes slow
IPOs, technical indicators and mutual fund launches offer a snapshot of primary market activity amid equity market volatility
 "Street signs: IPO activity set to regain momentum, new MF schemes slow")
CDMO players to maintain outperformance on multiple growth triggers
Divi's Laboratories remains the top pick for most brokerages in this segment, even as valuations turn rich after the sharp rally
 "CDMO players to maintain outperformance on multiple growth triggers")
1,000 ex-Flipkart staffers approach Walmart over stock option liquidity
Former employees of Flipkart and group firms Myntra and Cleartrip have approached Walmart and Flipkart seeking liquidity for vested stock options amid uncertainty over the IPO timeline
 "1,000 ex-Flipkart staffers approach Walmart over stock option liquidity")
Around 1,000 ex-Flipkart staff approach Walmart over stock option liquidity
Former employees of Flipkart and group firms Myntra and Cleartrip have approached Walmart and Flipkart seeking liquidity for vested stock options amid uncertainty over the IPO timeline
Q2 earnings, inflation data, oil prices may drive stock markets this week
Market investors will also watch foreign investor trading activity, rupee movement, US Treasury yields, and geopolitical developments
 "Q2 earnings, inflation data, oil prices may drive stock markets this week")
Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey
The regulator is also working to simplify digital onboarding for persons resident outside India (PROIs), allowing them to access Indian markets without requiring their physical presence
 "Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey")
Asset quality remains key monitorable for NBFCs in second half of FY27
NBFCs are expected to sustain credit growth and earnings momentum in H2FY27, but rising funding costs, geopolitical uncertainty and erratic monsoons make asset quality a key monitorable
 "Asset quality remains key monitorable for NBFCs in second half of FY27")
Datanomics: BSE took a decade to enter the Nifty 50; any lessons for NSE?
BSE took over a decade to enter the Nifty 50, climbing from smallcap to midcap and then largecap. NSE's journey could follow a similar path
 "Datanomics: BSE took a decade to enter the Nifty 50; any lessons for NSE?")
IT stocks lead Nifty rebound as benchmark snaps eight-week losing streak
Nifty gains 289 points; Nifty Oil & Gas the lone sectoral index in the red
 "IT stocks lead Nifty rebound as benchmark snaps eight-week losing streak")
Nvidia-backed Firmus scraps $5 bn Australia IPO amid growing AI scrutiny
Nvidia-backed Firmus has scrapped its planned $5 billion Australian IPO amid investor concerns over its valuation, debt burden and ambitious AI data centre expansion plans.
 "Nvidia-backed Firmus scraps $5 bn Australia IPO amid growing AI scrutiny")
Box office boost lifts multiplex outlook as broadcasters face a weak Q2
Strong box office collections, higher ticket prices and spending per head are set to lift PVR Inox's Q2 results, while broadcasters face weak advertising and margin pressures
 "Box office boost lifts multiplex outlook as broadcasters face a weak Q2")