BSE Sensex gained 109.25 points or 0.14 per cent to end at 77,100.47, while NSE Nifty50 advanced 34.35 points or 0.14 per cent to close at 24,056, respectively. This came after the benchmark indices soared more than 1 per cent in the afternoon before erasing the earlier intra-day gains. What were the top gainers on…
The BSE Sensex and NSE Nifty ended in the green on Thursday (June 25), but the benchmarks came off their intraday highs as selling pressure emerged in banks and broader markets. The Sensex rose 89 points to close at 77,080, while the Nifty gained 34 points to settle at 24,056. The Nifty Bank erased more…
Abhay Laijawala, MD & CIO-India at Lighthouse Canton, believes key concerns weighing on India—including oil prices, currency stability and the perception that India lacks an AI story—are turning into tailwinds. He argues investors are overlooking India’s role in the global AI infrastructure buildout, spanning data centres, power, cooling systems and capital goods. Laijawala is positive…
Shares of InterGlobe Aviation Ltd., the parent company of IndiGo, extended their gains for a second straight session on Thursday, June 25, rising another 5% after a strong rally in the previous session. The stock has gained more than 9% over the last two trading days. The rally comes as several concerns weighing on the…
Auto stocks are trading sharply higher in the second half of the trade session on Thursday, June 25. The Nifty Auto index is above key levels and has crossed the 200 day moving average (DMA). The index is up 15% from recent lows it hit amid the West Asia tensions. Why the sharp move Crude…
Ashwini Agarwal, Founder & Partner at Demeter Advisors, continues to favour fast-moving consumer goods (FMCG) companies as a defensive play and has turned more constructive on private banks, citing improving macro conditions, healthy credit growth and attractive valuations. He expects these sectors to deliver steady returns over the next few years, while remaining cautious on…
India Economic Outlook: Global markets may be entering a new phase of recalibration, and India appears to be “not even the first inning” of a potential foreign investor comeback, according to Ben Powell, Chief Investment Strategist for the Middle East and APAC at the BlackRock Investment Institute. Speaking to ET Now, Powell struck an optimistic…
Shares of Lodha Developers Ltd. were trading higher by 2% on Thursday, June 25, after Bloomberg reported that founder group companies were the sellers in the day’s block deals, raising about ₹1,865 crore through a stake sale. According to the Bloomberg report, the transaction involved promoter entities and was executed through multiple block deals. The…
Kioxia Holdings plans to offer US depositary receipts between April to June 2027 to use runaway investor demand for exposure to AI-related semiconductor shares. Chief financial officer, Yoshihiko Kawamura, said in its annual shareholders’ meeting that Kioxia intends to leverage the US market after the close of its current fiscal year at the end of…
Oil prices slipping below key levels is a sign that markets are beginning to move past worst-case geopolitical risks, even as uncertainty around a final US-Iran deal remains, according to Matt Orton, Head of Advisory Solutions and Market Strategy at Raymond James Investment Management Speaking to ET NOW, Matt said the decline in crude, with…
