The S&P 500 and the Nasdaq gained on Wednesday after a favorable antitrust ruling for Alphabet boosted the Google parent’s shares, while investors parsed a softer-than-expected job openings report for July. Alphabet jumped 8.3% to hit an intraday record high after a Washington judge ruled late on Tuesday Google will not have to sell its […]
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market ended higher on Wednesday, with banking and metal stocks leading gains, while investors awaited updates from a Goods and Services Tax (GST) Council meeting expected to weigh rate cuts on several products. The NSE Nifty advanced 135.45 points, or 0.55%, to finish at 24,715.05, while the BSE Sensex jumped 409.83 points, or […]
Market Trading Guide: HDFC Bank, EIH among 5 stock recommendations for Thursday – Stock Picks
The stock has shown initial signs of recovery by forming an outside day bar on the daily timeframe. On the hourly chart, it has reclaimed the 21 EMA, accompanied by rising volumes. Additionally, the RSI has formed a positive divergence on the hourly time frame, supporting a potential upside move. Rupak De, Senior Technical Analyst […]
NSE appoints former IFSCA chairman Injeti Srinivas as Public Interest Director
The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board. According to sources, Srinivas may also be considered for the position of NSE chairman, subject to approval from the markets regulator Securities and Exchange Board of India (Sebi). […]
Alphabet shares surge over 6% after court rules against a breakup
Alphabet shares jumped more than 6% on Wednesday after a U.S. judge ruled against breaking up the Google parent, clearing a major regulatory overhang and putting the stock on track to add more than $170 billion to its market value. The ruling on Tuesday by Judge Amit Mehta allows Google to retain control of its […]
India’s VC AUM surges to Rs 4.9 lakh crore led by domestic capital and small funds: Fibonacci X
India’s venture capital assets under management (AUM) have surged nearly 5 times in a decade to Rs4.9 lakh crore, fuelled by a wave of small domestic funds, LPs, small homegrown funds and family offices that are reshaping the country’s startup investment landscape, according to a new report by venture platform Fibonacci X. It shows funds […]
GST rate cut: How is CLSA tweaking its portfolio ahead of the Council meeting verdict
The GST reforms remain in focus, with the Council meeting, which kicked off earlier today amid global trade tensions and weak equity returns. With investors already repositioning portfolios towards autos, consumer durables, and discretionary consumption, the reforms could emerge as a game-changer for markets battered by Trump’s tariffs and a volatile macro backdrop. Analysts say […]
Anlon Healthcare shares make a tepid debut. Should IPO investors wait or sell?
Anlon Healthcare shares debuted at a modest 1% premium on the NSE on Wednesday, reflecting weak market sentiment amid broader volatility in the pharma sector. The IPO saw a healthy overall subscription rate of 7.12 times, with retail investors subscribing 47.26 times, non-institutional investors (NII) 10.61 times, and qualified institutional buyers (QIB) 1.07 times. These […]
Markets pin hopes on GST meet as cyclical revival gains traction: Varun Goel
With the crucial GST Council meeting slated for today and tomorrow, investors are bracing for potential announcements that could shape the market mood in the near term. While most rationalisation measures are already priced in, the broader economic context suggests India may be heading into a year of cyclical revival, according to market expert Varun […]
Waaree Energies shares in focus on Rs 192 crore acquisition of 64% stake in Kotson’s Pvt Ltd
Waaree Energies shares are likely to be in the spotlight on Wednesday, September 3, after the company announced the acquisition of a 64% equity stake in Kotson’s Private Limited (KPL) for a total consideration of Rs 192 crore. As per the regulatory disclosure dated September 2, 2025, the acquisition will be executed through a Share […]