India’s stock market seen as biggest hedge as fears of AI bubble mount| Business News

India is drawing fresh attention from global fund managers looking to diversify equity investments in the coming year as worries over an AI bubble mount. With the AI frenzy fading and India’s stock valuations falling back near their five-year average after sharply trailing peers this year, the consumption-driven economy is back in favour. (Reuters) Aberdeen […]

Sensex down 800 points, Nifty below 26,000 — Why is stock market down today?| Business News

India’s stock market suffered a late sell-off today, with the benchmark indices tumbling sharply, wiping out over ₹7 lakh crore of investor wealth in the process. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) The 30-share S&P BSE Sensex fell more than 800 points, dragging the Nifty 50 below the psychological 26,000 […]

Goldman Sachs turns ‘overweight’ on Indian stocks as growth outlook improves| Business News

Goldman Sachs Group Inc. has turned overweight on Indian stocks, expecting government policies and improving corporate earnings to help the nation’s $5.4 trillion market catch up with Asian peers. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The Wall Street bank expects the NSE Nifty 50 Index to reach 29,000 by end-2026, […]

Sensex, Nifty 50 down by up to 0.5% today on profit-taking, IT firms lead declines| Business News

India’s stock market fell in early today as profit-taking offset the impact of healthy earnings and progress in India-US trade talks. India’s retail investors buying more stock that foreign investors are selling. Still, the stock market is trending downwards. (AI Image) At 11:35 am, the 30-share BSE Sensex was down 0.21% at 83,134.30 points while […]

RBL Bank surges most in 5 years after biggest stake-sale deal in Indian banking| Business News

Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking history. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) On Monday, RBL Bank share price rose as much […]

Gift Nifty indicates positive start for Sensex, Nifty 50 today amid strong bank results| Business News

India’s stock market is set to open higher today on bank earnings and positive global cues on easing US-China trade tensions. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) Gift Nifty futures were trading at 25,979.00 points as of 8:49 am, indicating that the benchmark Nifty 50 will open above Friday’s one-year […]