Sectoral churn here to stay, focus on consumer-centric themes: Hari Shyamsunder

Franklin Templeton India’s Hari Shyamsunder suggests a range-bound market, noting India’s rally alongside global markets. While large-cap valuations are stretched, mid and small-caps offer growth opportunities. He favors consumption-related sectors like hotels and retail, anticipating a boost from monetary and fiscal policies, while remaining cautious on capex due to high valuations.

SBI board approves fundraising of up to Rs 20,000 crore via bonds

State Bank of India’s board has approved raising Rs 20,000 crore through Basel III-compliant bonds, leading to a share price increase of over 2%. While SBI shares have underperformed over the past year, they have shown recent gains, outperforming the Nifty in the last six months.

Tata Technologies shares zoom 25% from April lows. What fueled the rally?

Tata Technologies shares surged 25% from April lows to Rs 740, supported by Q1FY26 results showing a 5% rise in net profit to Rs 170 crore despite a slight revenue dip. Technical indicators suggest mid-level momentum, while long-term trends remain weak. The stock is gaining near-term investor interest.

Anthem Biosciences IPO subscribed 4x on last day; Check GMP, and other key details

Anthem Biosciences IPO GMP: The IPO attracted strong interest, receiving bids for 17.66 crore shares against 4.4 crore shares on offer. Non-institutional investors (NIIs) led the demand, subscribing 12.37 times their allotted quota. The retail segment saw 2.38 times subscription, while qualified institutional buyers (QIBs) subscribed to 60% of their portion.

EMs to drive oil demand in H2 2025: Peter McGuire

Peter McGuire suggests oil prices are rangebound, influenced by growth in Brazil, China, and India. Despite OPEC+’s unchanged demand forecast, continued economic re-engagement should sustain consumption. The market anticipates OPEC+ potentially pausing output hikes after September, contingent on tariffs, inflation, and compliance. McGuire expects a Q4 glut, leading to cheaper oil prices due to increased […]

Markets bracing for tariff-driven price surge: Santosh Rao

Inflation is gradually creeping into the market as prices of imported goods, especially consumer products, have increased. Companies initially absorbed costs due to front-loaded purchases made before tariff deadlines. As existing inventory depletes, consumers will likely feel the pinch more, potentially influencing the Federal Reserve’s actions.