📰 Latest Economy & Stock Market News
Strong bet! SBI Mutual Fund investors already sitting on 3x returns ahead of IPO launch
Updated at : 2026-06-26 16:20:02

SBI Mutual Fund’s unlisted shares have delivered nearly 3.8x returns over the past three years, helped by sharp price appreciation and a 3:1 bonus issue, ahead of its proposed IPO. With Sebi’s approval in place, the country’s largest asset manager is expected to launch its public issue in early July.

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Gold heads for fourth weekly loss amid Fed rate hike expectations
Updated at : 2026-06-26 15:20:02

Gold prices are facing a significant downturn, nearing a fourth consecutive weekly loss, as a robust US dollar and anticipated aggressive interest rate hikes by the Federal Reserve to combat inflation exert pressure. The precious metal has dipped below the $4,000 per ounce mark for the first time in years. Analysts predict this downward trend could persist for months, with potential long-term price targets around $3,400.

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Bitcoin, Solana or XRP? The best performing crypto asset of 2026 so far
Updated at : 2026-06-26 14:20:02

Crypto prices may have corrected sharply in 2026, but underlying trends suggest growing maturity. Institutional participation, stronger blockchain activity, improving regulation and broader adoption indicate that Bitcoin, Solana and XRP are increasingly being viewed through long-term utility rather than short-term price moves.

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Up to 42% upside! 9 stocks Jefferies, Motilal Oswal, others started coverage on. Do you own any?
Updated at : 2026-06-26 10:35:02

Brokerages have initiated fresh coverage on several Indian stocks across metals, textiles, engineering and luxury retail, with mostly Buy ratings and double-digit upside targets. Firms like Meesho, Vedanta Aluminium, GE Vernova T&D and Welspun Living are seen as key beneficiaries of sectoral growth and structural demand trends.

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Why Rakesh Jhunjhunwala bought Titan shares when everyone else was selling? Raamdeo Agrawal explains
Updated at : 2026-06-26 10:30:02

Raamdeo Agrawal recalls Rakesh Jhunjhunwala’s exceptional ability to spot undervalued stocks and build long-term wealth, highlighting his famous Titan investment as a defining example. Despite early setbacks in the company, Jhunjhunwala accumulated shares at low prices and held them through its transformation into a major jewellery business, creating massive wealth over two decades.

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ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?
Updated at : 2026-06-26 10:25:02

FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC, Dabur and Godrej Consumer Products saw sharp declines, while Hindustan Unilever and Colgate-Palmolive showed relative resilience.

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Housing sales in top 9 cities rise 19% in Q2 2026 as supply jumps 43%; Bengaluru leads demand: PropEquity
Updated at : 2026-06-26 10:20:02

India’s residential real estate market remained strong in Q2 2026, with housing sales across the top nine cities rising 19% year-on-year and new launches surging 43%. Southern and western markets led growth, reflecting sustained buyer demand and continued developer confidence despite global uncertainties.

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ETMarkets Smart Talk | As FD rates soften, AAA PSU and corporate bonds are gaining traction: BondScanner CEO
Updated at : 2026-06-26 09:40:02

As fixed deposit rates dip, investors are turning to high-rated PSU and corporate bonds for better returns. Improved retail access and regulatory reforms are making these instruments more appealing. Experts highlight that while yields are attractive, understanding credit ratings, security, cash flows, and liquidity is crucial for investors to differentiate between genuine opportunities and potential risks. This marks a significant shift towards the financialization of fixed income in India.

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US Stock Market: Fed's Goolsbee sees early signs of relief in services inflation, says core price pressures remain elevated
Updated at : 2026-06-26 09:35:02

Chicago Fed President Austan Goolsbee said the latest US inflation data shows some improvement in services inflation, but underlying price pressures remain elevated. He stressed inflation is still the main concern over labour market strength. He reiterated data dependence on policy decisions, highlighting tariffs and energy costs as temporary inflation drivers.

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Is your SIP giving FIIs an easy exit? AMFI CEO says mutual funds will actually lure them back
Updated at : 2026-06-26 09:30:02

Foreign investors have withdrawn over $60 billion from Indian equities, prompting concerns that retail investors are funding their exits. However, AMFI CEO Venkat N. Chalasani argues this demonstrates market maturity, attracting future foreign investment. He highlights how domestic mutual funds, particularly SIPs, have absorbed volatility, providing crucial liquidity and resilience, a positive sign for market development.

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