India underperforms Asian rivals amid earnings and valuation strain
Indian stocks are facing losses while other economies see gains. This is due to a global AI investment frenzy benefiting chip makers like Samsung Electronics and SK Hynix. India lacks direct AI exposure, leading to lower corporate earnings growth. Foreign investors are seeking better returns elsewhere, impacting the Indian market.
Why global fund managers are giving D-St the cold shoulder
Foreign investors have significantly reduced their holdings in Indian equities, driven by slowing earnings growth, the AI boom in South Korea and Taiwan, and rising oil prices coupled with a falling rupee. This shift has led to substantial outflows, with strategists predicting a slowdown in selling but a slow return to popularity for Indian markets.
Pimco CIO sees risk of US Fed hiking rates due to Iran war
Geopolitical tensions in Iran, potentially disrupting oil supplies and raising energy prices, could prompt the Federal Reserve to delay interest-rate cuts and even consider hikes. This development complicates the Fed’s efforts to curb inflation, with experts suggesting a more hawkish stance might be necessary globally.
Undertone bullish, but Nifty faces resistance at 24,600
Indian stock market benchmark Nifty is currently trading within a narrow range. Analysts observe mixed signals, with a bullish structure intact but facing resistance. Traders are awaiting a clear direction. Key levels to watch are 24,600 as resistance and 23,800 as support. Bank Nifty also shows improving momentum. Specific stock recommendations are provided for traders.
2 passive funds to open for subscription this week
Two new passive mutual funds are launching this week to expand fund houses’ offerings. DSP Nifty FMCG ETF opens May 12-14 with a Rs 5,000 minimum, while HDFC Gold Silver Passive FoF opens May 15-29 with a Rs 100 minimum. Investors should choose based on their risk appetite and goals.
Trading Guide: Buy Coforge & NBCC on Monday for short-term gains up to 7%
The Nifty ended sharply lower amid escalating US-Iran tensions, rupee weakness and heavy selling in financial stocks, slipping below the 50-day EMA and signalling renewed weakness. Analysts expect further downside if the index remains below 24,200, while Coforge and NBCC (India) are seen as attractive short-term trading opportunities.
SBI and IEX among 18 stocks turning ex-date this week
A total of 18 stocks will turn ex-date for corporate actions like dividends and bonus issues next week, with prominent names including State Bank of India and Godrej Consumer Products. Investors must hold shares by the record date to be eligible for these benefits.
Equity MFs delivered over 8% return last week. Check top 9
Equity mutual funds saw a strong performance last week, with over 8% returns for the category. Among the top performers, international funds like Mirae Asset Global X Artificial Intelligence & Technology ETF FoF led the pack with an 8.49% gain.
Ahead of Market: 10 things to decide D-St action on Monday
Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US and Iran, rupee weakness and heavy profit-booking in financial stocks. Analysts said the Nifty slipping below key technical levels signals weakening momentum, although select indicators still point towards the possibility of a near-term recovery.
Sensex to multiply 4x? Expert says D-St is Ferrari among mkts
Motilal Oswal Financial Services Chairman Raamdeo Agrawal said India remains one of the world’s best markets for long-term wealth creation despite global uncertainties and AI-led shifts. Speaking at the Groww India Investor Festival 2026, he highlighted India’s strong compounding story, rising financialisation and potential for generating multibagger stocks.