Asian stocks to slip as inflation clouds Fed cuts
Asian equities are poised to decline, mirroring Wall Street’s downturn, as investors await a crucial US inflation report that could influence the Federal Reserve’s rate cut decisions. Concerns linger about the pace of potential rate reductions amid mixed signals from the labor market and persistent inflation.
Hedge funds flip on solar and start betting against oil
Hedge funds are shifting their energy strategies, moving away from shorting oil stocks, a dominant position since 2021, and reducing short bets against solar stocks. This reversal is driven by concerns about oil supply and demand, coupled with optimism for clean energy. Economic slowdown fears and rising oil inventories contribute to skepticism towards the oil […]
FPIs continue to sell in August, financial & IT stocks take biggest hit
Foreign fund managers increased selling of Indian equities in early August due to tariff concerns, a weak rupee, and poor corporate earnings. Financial services and IT stocks experienced the most significant selling pressure. Investors offloaded shares worth ₹34,022 crore across various sectors, driven by muted earnings expectations and uncertainty surrounding India-US relations, impacting market sentiment.
SBI chief advocates for regulatory changes to boost corporate M&A
SBI Chairman CS Setty advocates for regulatory flexibility, urging the RBI to allow local lenders to fund corporate M&As, particularly for listed companies with transparent shareholder approvals. This comes amid discussions on evolving corporate credit trends, with banks shifting towards short-term working capital.
Chinese stocks euphoria spreads as turnover tops $430 billion
Chinese stocks surged again, fueled by abundant liquidity and optimism surrounding DeepSeek’s updated model. The rally, led by technology shares, broadened to include property stocks after Shanghai eased home-buying rules. While some see room for further gains, concerns about overheating are emerging as key benchmarks rise significantly from their lows, with investors closely monitoring liquidity […]
Top IT services stocks offer 10-15% upside, says Investec
Investec reports an improved risk-reward scenario for most IT services stocks, projecting potential one-year returns exceeding 10-15%. The brokerage upgraded Infosys to ‘Buy’ with a target price of ₹1,655, anticipating an 8% gain. Tech Mahindra, Infosys, and TCS are favored among larger stocks, while Mphasis, Zensar, and KPIT are preferred in the mid-sized category.
AI superstar Nvidia could eclipse India’s entire market cap if Cantor’s target price is met
Nvidia, valued at $4.3 trillion, could surpass India’s Rs 5.21 trillion equity market if shares hit $240. Driven by AI chip dominance, the stock has surged 1,400% since 2022. Analysts remain bullish ahead of Q2 earnings, with China growth and AI demand in focus.
TCS, Infosys shares gain over 3% after brokerages’ bullish nudge. What’s driving the upgrades?
Shares of TCS and Infosys jumped over 3% after Investec and JP Morgan upgraded ratings with higher targets, citing long-term IT resilience. Analysts see recovery in H2 FY26, driven by AI-led transformation, cost efficiency, and robust order books despite near-term demand pressures.
Ashish Kacholia-backed Vikran Engineering raises big money from anchor investors ahead of IPO. Check marquee investors
Vikran Engineering, backed by The Wealth Company, Ashish Kacholia and Mukul Aggarwal, raised ₹232 crore from anchor investors before its ₹772 crore IPO, attracting strong participation from domestic funds, insurers, and global institutions.
Nifty rejig: Ola Electric, Ather Energy, SWSolar among 46 smallcap stocks to be impacted. Check details
The National Stock Exchange’s September 2025 semi-annual review is set to bring sweeping changes to the Nifty Smallcap 250 index, with 46 stocks set to be impacted. The rejig, effective September 30 after adjustments on September 29, will drive significant passive flows as funds tracking the index adjust their portfolios.