Category: Stock

The S&P 500 ended down from record highs on Friday, with losses in Dell, Nvidia and other AI-related stocks, while investors parsed inflation data showing tariffs have started feeding into prices. Dell tumbled almost 9% and was among the deepest decliners in the S&P 500 after high manufacturing costs for AI-optimized servers and intensifying competition […]

A U.S. labor market report late next week will give a crucial read into the economy’s health and test investors’ confidence that interest rate cuts are coming soon, a view that has helped lift U.S. equities to record-high levels. Last month’s release of surprisingly weak U.S. payrolls data raised expectations that the Federal Reserve will […]

Shares of Reliance Industries Ltd (RIL) slipped 2.32% lower to settle at Rs 1,355.45 on the BSE on Friday, even as Chairman Mukesh Ambani told shareholders at the conglomerate’s Annual General Meeting (AGM) that the much-awaited IPO of Reliance Jio, which could be the largest in the history of Dalal Street, would come in the […]

Consumption has long been the bedrock of India’s growth narrative. But as investors revisit the theme in light of rising per capita incomes and changing spending patterns, the big question is: where exactly should the bets be placed? According to Milind Karmarkar, veteran market expert, the answer lies in retail, not FMCG. “When we talk […]

After several sessions of underperformance, the Bank Nifty finally offered much-needed support to the broader market on Friday, raising hopes that benchmarks could manage to close in the green by the end of trade. Technical analyst Nilesh Jain pointed out that the Bank Nifty, which has lagged the Nifty throughout the August series, has now […]

Titan has successfully reinvented itself, moving from being a generational watch company to appealing strongly to younger audiences with new categories such as handbags. However, Karmarkar revealed that he has completely exited Titan. The main reason is the rise of lab-grown diamonds, which are chemically identical to natural diamonds, more environmentally friendly, and almost one-tenth […]

Indian benchmark indices Sensex and Nifty fell for a third straight session Friday, dragged down by Reliance Industries after its annual shareholder meeting and further pressured by investor unease over steep U.S. tariffs on Indian exports rolled out earlier this week. The BSE Sensex declined 270.92 points, or 0.34%, to finish at 79,809.65, while the […]

The recent 50% tariff US imposed on India has created nervousness in the equity markets, but the actual impact on company earnings will be limited, says Sorbh Gupta, Head of Equities at Bajaj Finserv AMC. According to Gupta, only about 2% of revenues of MSCI India are directly affected by the tariff. “The noise is […]

RBL Bank‘s board on Friday approved a proposal to raise funds up to 6,500 crore by issuing equity and debt securities. The company will issue shares worth Rs 3,500 crore via a Qualified Institutions Placement (QIP) mode in one or more tranches while raising another Rs 3,000 crore by issuing debt securities on private placement […]

Analysts at J.P. Morgan are staying bullish on Nvidia, boosting their target price to $215 even as the world’s most valuable company offered a forecast that underwhelmed investors, saying the chipmaker’s expanding AI infrastructure pipeline and product ramps leave “multiple levers at play to drive upside.” Nvidia Corp. delivered record revenue in the second quarter, […]