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 ...
Powered by chip giants SK Hynix and Samsung, South Korea's Kospi has doubled in 2026, reviving comparisons with the dotcom-era 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
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
Higher STT rates squeezed arbitrage margins in April, reducing proprietary trading activity in India's equity derivatives market
Market whispers: Sebi review, commodity trading complaints, and the large-cap reality check
Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and oil prices fell back. The advance was also powered by a stronger-than-expected quarterly report from chipmaker Nvidia, whose profit rocketed more than 200% higher in the February-April quarter from a year earlier, while revenue jumped 85%. Nvidia has been one of the biggest beneficiaries from the boom in artificial intelligence, thanks to powerful demand for its high-end AI chips. Its shares rose 1.3% on Wednesday before its earnings report was released, but they fell 1.3% in afterhours trading after the announcement. South Korea's Kospi soared 8% to 7,787.74, helped by strong buying of technology shares such as Samsung Electronics, which gained 7.5% after its labour union and management reached an agreement late Wednesday that averted a strike. Shares in SK Hynix, a computer chipmaker partnering with Nvidia, surged 11.3%. The Kospi has been breaching records, recently .