Page 4 - Stock Market

Asian shares fall; Nikkei plunges nearly 6% amid AI selloff, West Asia war

Asian shares skidded Friday, with Tokyo's Nikkei 225 down 5 per cent as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. South Korean markets were closed Friday, but shares in Taiwan also fell more than 5 per cent. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while US futures slipped. The Nikkei lost 5.8 per cent to 62,945.97, while the Hang Seng in Hong Kong shed 2 per cent to 24,514.29. The Shanghai Composite index was 1.6 per cent lower at 3,818.59. In Australia, the S&P/ASX 200 declined 0.7 per cent to 8,775.70. On Thursday, the S&P 500 fell 0.5 per cent even though nearly three out of every four stocks in the index rose after more ..

HDFC Bank Q1 preview: PAT may rise 9% on strong loan growth; NIMs seen flat

HDFC Bank Q1 result preview: Q1 could be a mixed quarter for the lender, with analysts expecting flat NIMs. Asset quality is likely to remain steady, while loan growth may stay in double digits

El Niño years: Tractor sales lag; 2-wheelers & FMCG hold up, finds study

Tractor sales, the JM Financial study said, were most sensitive to El Nino conditions, recording weaker sales growth during the La Niña period, which is associated with excess rainfall.

Block deals, QIPs drove mutual funds' equity investments in June

Adani Enterprises, JSW Infra attract highest MF investments

Will Nifty test 23,800 or jump back to 24,500? Tech analysts decode charts

Technical analysts believe that the Nifty is showing mixed signals on the short-term chart amid the renewed US-Iran war worries and high oil prices. Here are the key levels to watch out for.

Biocon shares gain 6.5% after Viatris sells its stake in a block deal

Biocon shares climbed 6.5 per cent after reports of Viatris unit Mylan's planned stake sale, with analysts saying the move is a financial decision that removes a long-standing overhang

Geopolitics, earnings, crude prices likely to drive markets this week

The US-Iran geopolitical conflict, quarterly earnings announcements, and crude oil price movement will influence investor sentiments in domestic equities, according to analysts. Besides, monsoon trend, inflation data and trading activity of foreign investors will also be closely watched by market participants, they added. "Domestically, investors will closely monitor June CPI inflation, WPI inflation, and the latest foreign exchange reserves," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. The Q1 FY27 earnings season will gather pace, with management commentary expected to play a pivotal role in shaping sectoral trends and earnings expectations, he said. Globally, developments surrounding the IranUS conflict and their impact on crude oil prices will remain key monitorables, Mishra added. After four straight months of selling, foreign investors turned net buyers of Indian equities in July, investing over Rs 15,157 crore so far this month, supported by improving domestic ..

NALCO, Hindalco rally up to 4% as aluminium prices rebound

The Nifty Metal index surged 2.5% led by Hindalco, NALCO and Hindustan Copper as aluminium prices rose over 5% from recent lows in July.

Sebi bars 19 from trading in Osiajee Texfab for alleged market fraud

Market regulator alleges coordinated trades and misleading disclosures fuelled an unjustified surge in Osiajee Texfab's share price

Markets sink as fresh US-Iran tensions reignite inflation concerns

Indian equities posted their biggest decline in over three months as escalating US-Iran tensions lifted crude oil prices, triggering concerns over inflation and economic stability

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

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

When timing market hurts more than it helps investors over the long term

Market timing is a mirage. Nobody can repeatedly know when the market will fall, when the danger has passed, and when it is safe to return

Fund Pick: Franklin India Money Market Fund stands out in money markets

The fund has been managed by Rahul Goswami since October 2023, Chandni Gupta since April 2024 and Rohan Maru since October 2024

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

Benchmark indices snap two-day decline as easing crude oil lifts sentiment

The Sensex and Nifty gained 0.6 per cent on Wednesday as easing crude oil prices, gains in financials and auto stocks, and strong domestic institutional buying lifted market sentiment

Nifty: Market experts say breakout from consolidation zone to set trend

Market analysts highlight that the Nifty has been consolidating in the 23,800-24,200 range in recent trading sessions, a breakout in either direction could set the trend in July 2026.

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Japan's Nikkei and South Korea's KOSPI remained on track for outsized quarterly gains as easing oil-price concerns improved the global growth outlook, while a stronger dollar pressured gold and yen

India reclaims 5th spot in global mcap rankings, overtakes Taiwan, S Korea

India's market capitalisation has climbed to $5.04 trillion, overtaking Taiwan and South Korea, helped by easing crude oil prices and renewed foreign portfolio investor inflows

Margin trading facility book grows for third straight month, hits ₹1.33 trn

MTF allows investors to pay only a portion of the trade value upfront, with brokers funding the rest at an interest cost

Markets ahead: West Asia tensions, crude prices key factors to watch out

Developments on the geopolitical front, with the latest military exchanges involving the US and Iran, their impact on crude oil prices and domestic macroeconomic data announcements would dictate sentiments in the stock market this week, analysts said. Besides, trading patterns of foreign investors and progress of the southwest monsoon would also remain the key areas of focus for investors, they added. "Market participants will closely monitor Industrial Production (IIP) data, the final HSBC Manufacturing, Services and Composite PMI readings, and the foreign exchange reserves data for fresh insights into the health of the domestic economy," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Globally, the trajectory of crude oil prices and geopolitical developments in West Asia will remain key drivers of market sentiment, he said. The monthly auto sales numbers on July 1 will also be tracked by investors closely. "The week ahead is likely to be shaped by developments on the ..