Category: Business News & Economy

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FII selling has remained a key headwind for Indian equities since 2024, with foreign investors pulling out $32 billion amid the Middle East conflict. While recent inflows have provided some relief, Elara Securities believes a sustained, broad-based return of overseas capital is still some way off.

Laser Power & Infra debuted at a 26% premium over its IPO price, rewarding investors on listing day. Analysts recommend holding the stock for the long term, citing its strong order book, debt reduction plans and favourable growth prospects from India’s expanding power infrastructure and wires & cables market.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Millworks Technologies’ SME IPO was subscribed over 63 times on the final day, driven by strong retail and NII demand, while its grey market premium surged to 125%. Robust financials, exposure to aerospace and defence, and positive listing expectations have made it one of the most closely watched SME offerings.

Mainland China stocks declined on Thursday due to technology sector weakness. Hong Kong equities gained momentum, supported by Alibaba’s artificial intelligence integration news. Alibaba shares jumped significantly after announcing its AI model would be integrated into Apple devices. This development boosted optimism around China’s domestic artificial intelligence ecosystem. Investors are also watching for economic policy…

Taiwan Semiconductor Manufacturing Company reported a record profit surge. This growth was fueled by strong demand for advanced artificial intelligence chips. The company’s net profit climbed significantly, exceeding market expectations. Analysts anticipate TSMC will raise its full-year revenue growth outlook. Future capital spending will indicate management’s confidence in AI demand durability.

Revised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially hurting derivatives trading volumes. Analysts say the move, along with higher STT, may weigh on the valuations of exchange operators such as NSE, BSE and MCX.

ICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages to slash target prices and downgrade ratings. Analysts cited weak underwriting, higher claims, regulatory headwinds and slower premium growth, raising concerns over the near-term profitability outlook for the general insurer.

The real money in the AI build-out is being made where physical capacity can’t keep pace with capital, argues Subho Moulik, Founder & CEO at Appreciate. His test for investors: does a company own a constraint that money cannot quickly relieve? Software can be scaled in an afternoon, but a power transformer carries a 128-week…