Page 2 - Market Lens

What can trigger the next market rally in India? Morgan Stanley explains

As a base-case scenario, they have maintained June 2027 Sensex target at 89,000 levels, up nearly 14 per cent from the current levels. Morgan Stanley attached 50 per cent probability to this forecast.

Retail investor flows rebound in H1CY26 with ₹57,203 crore inflows

The data shows a rebound in the investor interest despite the global uncertainty

Flows return to gold, silver ETFs as correction brings back shine

Gold and silver ETFs attract around Rs 8,000 crore in June after outflows in May

Cash market turnover declines in June after touching 22-month high in May

Average daily cash market turnover across the NSE and BSE fell 7 per cent in June, while derivatives activity edged up on higher volumes during the month's final expiry sessions

Sensex in July: 23-year history suggests index can deliver a solid return

July has also been traditionally good for foreign inflows, which aided market performance. According to data compiled from the NSDL, FPIs have been net buyers of Indian stocks in 9 out of 12 years.

Markets likely to recover gradually in H2 amid focus on domestic cues

While analysts expect near-term headwinds due to commodity prices and El Niño, they believe markets will shift their focus from global developments to analysing domestic financial results more closely

Small, midcaps set to steal a march over large-cap peers in H1

Among sectors, the Nifty IT index, the worst performer among sectoral indices, tanked 27.8 per cent in H1CY26 as rising concerns around artificial intelligence (AI)-led disruption spooked investors.

Hynix, Samsung: Why is Chris Wood betting big on these South Korean companies?

While hyperscaler cloud providers face margin pressures, Wood views memory producers as the most leveraged way to play the relentless AI investment cycle.

Fertilisers, FMCG: Markets not overly worried about weak monsoon just yet

According to a recent India Meteorological Department (IMD) release, India recorded 45.6 mm of rainfall by June 20 against the seasonal normal of 84.4 mm, resulting in a 46 per cent shortfall.

SIP return recovery and West Asia truce may revive retail MF momentum

Small- and mid-cap fund SIP returns have rebounded sharply, raising hopes of renewed retail investor interest after a moderation in key MF growth indicators

Dividends vs Development: Why Pharma outpaced IT; Harini Dedhia explains

IT companies on an average returned 85% of profits to shareholders via dividends or buybacks, with less than 15% reinvested in capacities and capabilities; the case is almost inverse for pharma firms.

Kospi crash, SpaceX fall: Is bull-run in AI-related stocks nearing an end?

While AI as a concept is here to stay, said U R Bhat, co-founder & director, Alphaniti Fintech, it is the valuation of the related companies that's worrisome.

Large, marquee IPOs do not guarantee an instant jackpot for investors

Retail investors, said G Chokkalingam, founder and head of research at Equinomics Research, must look at company's valuation relative to listed peers, outlook for the sector before investing.

India's global IPO share at 6-year low following mega SpaceX listing

In the month of the Covid year, the share had fallen to less than 1 basis point

Will RIL stock get a holding company discount following Jio's listing?

Large domestic mutual funds, insurance companies, pension funds and foreign institutional investors are expected to participate in the Jio offering.

Will equities dominate the next market cycle amid slowdown in Gold?

Gold vs Equities: Dhupesh Dhameja of SAMCO Securities decodes the historical trend between Nifty vs Gold spot prices, and Gold ratios to predict the likely leader in the next market cycle.

Bond fund managers remain split on long-duration bets amid easing headwinds

Wide variance in gilt, dynamic funds' duration positioning in recent past

FPIs sold finance, oil & gas stocks the most in June's first fortnight

FPIs sold financial, oil & gas and auto stocks heavily in early June amid crude-price volatility, AI concerns and monsoon-related demand worries

Mutual funds liquidity flowed to bluechips in May amid market volatility

Mutual funds boosted exposure to ICICI Bank, HDFC Bank and Reliance in May, investing over ₹24,000 crore as market volatility created buying opportunities

India Market Strategy: PhillipCapital expects moderate FY27 returns

In event of an end to the West Asia war, equities seem to be favourably placed and macros should improve, says PhillipCapital in its India Strategy report.