Latest Stock Market News

During the weekend ending June 28, Indian stock markets showed significant weekly gains, with the Sensex rising approximately 2.3%.

​A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect to see the same — and more — in the remainder of the year.

Nestle anticipates stable growth with positive volume and product mix contributions, overcoming challenges like cost inflation and lower sales volumes. The iconic brands like Nespresso, KitKat, and Perrier continue to drive growth, reflecting a 1.4% rise after adjusting for currency swings.

After being net sellers in the last two months, a U-turn by FIIs comes amid expectations that reforms will continue after the elections. Improved GDP growth forecast and solid earnings by India Inc has also increased the appeal for FIIs, analysts say.

Nifty is sustaining nearly 300 points above its 10 day exponential moving average while Bank Nifty is trading close to 550 points above the same on daily charts.

The rise in EVs can be attributed to two main factors, first, a substantial global push by governments to achieve net zero emissions through various policy measures; and second, a nearly 90% decrease in battery costs over the past ten years, which has made EVs more affordable and, as a result, brought them closer to cost parity with internal combustion engines (ICE)

The stock market operates based on collective investor sentiment. Positive news boosts stock prices, while negative sentiment drags them down.

The ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week as they closed around 4.75%

​David Tepper believes that significant market corrections create substantial opportunities for investors, who must identify these opportunities to succeed. He acknowledges that the exact reasons for deep market corrections are unclear, but emphasizes that without them, many top-performing long-term investors would not have achieved their remarkable returns.

This is an all-time high monthly turnover for GIFT Nifty, surpassing its previous record of US $91.73 billion set in May 2024 itself.