Page 52 - Stock Market

Nvidia faces challenge as Chinese rival raises doubts on Wall Street star

The superstar run for Nvidia's stock the last few years has been astonishing. So was its tumble Monday, which caused USD 595 billion in wealth to vanish. That's about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined. Mostly known only in gaming and crypto circles a few years ago, Nvidia burst into the zeitgeist after seeing its sales surge because customers wanted its chips to train their chatbots and other artificial intelligence products. Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024. Investors and analysts lauded CEO Jensen Huang as the Godfather of AI. Nvidia grew into a USD 3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street. But that all came to a screeching halt Monday, at least for a moment, after a Chinese upstart called DeepSeek said it had developed a large-language model that could perform like ChatGPT and other US rivals, but

Stock market rebound, Trump-Modi phone call, Nvidia loss, Baghpat accident & more

The Indian stock market rebounded today after hitting a 7-month low. A major contributor to this recovery was the RBI’s Rs 1.5 trillion injection into the banking system.

RBI injects Rs 1.5 trillion into economy: Markets rebound; what it means for you

The Indian stock market bounced back today, on January 28 after hitting a 7-month low in yesterday’s session.

Smallcap gauge heads for bear market as stock selloff intensifies

The NSE Nifty Smallcap 250 Index was on course to enter a bear market after losing about 3.5 per cent early in Tuesday's session after a similar drop the previous day

Nifty fall since October 2nd biggest in 10 years; 16 stocks tank over 20%

The Nifty has declined nearly 12% in the last four months. The NSE index has witnessed six significant price corrections in the last one decade, excluding the COVID-related panic sell-off; shows data.

Markets snap 2-day winning streak; realty, oil & gas stocks falter

In Asian markets, Seoul, Shanghai, and Hong Kong ended higher, while Tokyo closed in the red.

Investors pull out cash from India ETF for 3rd week on growth woes

The iShares MSCI India ETF, known by its ticker INDA, recorded $207 million in outflows last week, marking its third consecutive week of losses

Markets gain for second day; Sensex rises 115 points, Nifty ends at 23,205

Most of the IT stocks that climbed on Thursday were outside the benchmark Sensex or the Nifty

Here's why Indian stock market needs domestic investors now more than ever

Global investors have pulled out $6 billion from Indian stocks this month, pushing the NSE Nifty 500 Index toward its worst start in nine years

Valuations support ICICI Prudential Life despite margin challenges

After a sharp selloff, IPRU looks relatively inexpensive in valuations compared with its peers. Investors will have to offset continuing margin pressures versus the trend of volume growth

Sensex gains 566 points as IT stocks surge, AI optimism offsets tariff woes

The Sensex ended the session at 76,405, up 566 points, or 0.75 per cent. The Nifty 50 index closed at 23,155, gaining 131 points, or 0.6 per cent

BNP Paribas sees cloudy outlook for equities, projects single-digit returns

BNP Paribas projects the Nifty 50 to reach 25,500 by the end of 2025, representing a 10 per cent gain from Wednesday's closing level

Market regulator Sebi plans steps to curb grey mkt trading in IPOs

Platform for trading in shares before listing on the anvil; regulator also worried about misuse of IPO proceeds

Investors wealth erodes by Rs 7.52 trn as bears grip stock markets

Investors' wealth on Tuesday eroded by Rs 7.52 lakh crore as markets took a heavy beating, with the BSE Sensex tumbling over 1,235 points. The market capitalisation of BSE-listed companies declined by Rs 7,52,520.34 crore to Rs 4,24,07,205.81 crore or USD 4.90 trillion. The market breadth was negative as out of 4,088 shares traded on BSE, 2,881 stocks declined, 1,106 advanced and 101 stocks closed unchanged. The 30-share BSE Sensex plummeted 1,235.08 points or 1.60 per cent to settle at 75,838.36. The benchmark plummeted 1,431.57 points or 1.85 per cent to hit an intraday low of 75,641.87. During the day, it hit a high of 77,337.36 on the bourse. "Despite starting strong, the domestic markets ended the day negatively. Nervousness driven by Trump's uncertain tariff plan, a selloff triggered by foreign institutions, and disappointing Q3 earnings weighed on the market," Ameya Ranadive Chartered Market Technician, CFTe, Sr Technical Analyst, StoxBox, said. Among Sensex shares, Zomato f

Q3 results today: Tata Tech, IndiaMART among 32 to post earnings on Jan 21

Q3 FY25 company results, January 21: Tata Technologies, IndiaMART, South Indian Bank, UCO Bank, Dalmia Bharat will be releasing their earnings report for the Oct-Dec quarter today

Hyundai, Swiggy may join Nifty Next 50 amid index rebalancing changes

The Nifty Next 50 index is regarded as a pool of potential candidates for the flagship Nifty 50 index

US Presidential inauguration: A historically positive catalyst for equities

Even the near-term performance for both markets has been positive after a new US President assumes charge

Union Budget 2025: What is LTCG and STCG

The July Union Budget introduced significant changes to LTCG and STCG taxes, and with Union Budget 2025 approaching, it’s time to revisit what they mean. Watch the video for more.

Buch wants more Indians into stock market to 'seize the opportunity'

Sebi chairperson Madhabi Puri Buch on Thursday said the capital markets regulator wants to get as many Indians into the market ecosystem and seize the wealth creation opportunity. Buch said artificial intelligence is "the hero" of a large number of initiatives that the watchdog is embarking on with the focus on serving as many people as possible. Virtually addressing an event organized by Sebi, Buch said the Indian economy has a "huge opportunity" and all the necessary technological tools have been put in place as part of a larger ecosystem with democratization being the core principle. "'... a system that is efficient but is exclusive does not serve the nation. We wish for our market ecosystem to be inclusive and to bring as many citizens of the country into the fold and into the opportunity of wealth creation for our nation," Buch said. Sebi is implementing and deploying a slew of initiatives and AI, the hero, is at the core of a large number of them, she said. "To me, it is not

As Hindenburg shuts shop, a look at its market-shaking short bets

The firm bet against publicly listed companies they believed had accounting issues, was being mismanaged or committing fraud, typically following a long period of investigation