Latest Reporting by Economic Times — Markets
20 Stories IndexedCredo Technology: Strong AI tailwinds, but stock faces high expectations
Credo Technology reported better-than-expected first-quarter earnings and revenue growth, driven by robust demand for AI-related products. However, its stock price declined as investors sought even stronger performance and questioned the company's ability to sustain its growth and profitability. The company's performance reflects broader trends in the AI sector, where demand remains high but expectations are equally elevated.
This story matters because it highlights the gap between strong AI-driven growth and investor skepticism about whether companies can meet increasingly high expectations.
Rays of Belief IPO Day 2: GMP holds at 16%; subscription hits 1.18x. Should you apply?
Rays of Belief IPO entered its second day of bidding after receiving a healthy response on Day 1, led by retail investors. The issue’s GMP stands at around 16%, signalling positive investor sentiment and expectations of a strong listing, though GMP is not an official indicator of listing gains.
Global Market: BOJ’s Ueda signals fresh rate hike discussion at September meeting
The Bank of Japan is set to debate a September rate hike as Governor Kazuo Ueda signals that policymakers will closely assess rising inflation risks, the weak yen and global economic conditions. Markets are increasingly pricing in a rate increase, with Japanese bond yields climbing to multi-decade highs.
Global Market: Japanese shares tumble as Iran conflict lifts oil prices, bond yields
Japanese equities tumbled on Wednesday as renewed US-Iran military strikes pushed oil prices higher and raised concerns over economic growth, while surging government bond yields pressured technology and chip stocks. The Nikkei fell nearly 3%, with defensive drugmakers bucking the broader market decline.
Hero MotoCorp, M&M, other auto stocks drop up to 5% after August sales numbers. Should you buy the dip?
Despite strong August sales data reflecting robust demand for passenger vehicles, auto stocks faced a notable drop. Maruti Suzuki and Tata Motors both reported impressive sales increases, while Hyundai Motor India celebrated its highest domestic sales ever in August. However, tractor sales diverged from this trend, as analysts expressed worries about future demand amidst the specter of price rises and increasing inflation.
From the ashes of bear-market: Over 125 smallcap stocks soar up to 300% from 52-week lows
Smallcap stocks have shown a stunning revival after hitting recent lows, with numerous companies experiencing value increases over double their 52-week lows. This robust recovery is backed by better earnings reports and a resurgence in investor confidence. The positive trends span multiple sectors, indicating a broad-based rebound as investors increasingly redirect their focus toward smaller companies following a challenging correction period.
Global Market: Shein shares slip after lacklustre Hong Kong debut
Shein shares fell over 3% after a weak Hong Kong debut, highlighting investor concerns over valuation, slowing growth and shrinking margins. The $1.7 billion IPO valued the fast-fashion retailer at $26.5 billion, far below its 2022 peak. Rising tariffs, regulatory scrutiny, customs costs and competition are increasingly challenging Shein’s business model and growth prospects.
Rupee falls 2 paise to 94.97 against US dollar in early trade
The Indian rupee slipped further in early trading on Wednesday amidst signs of escalating tensions between the US and Iran, coupled with soaring oil prices creating turmoil in currency markets. With rising Treasury yields strengthening the dollar, risk aversion is on the rise. The Reserve Bank of India is closely observing the rupee's fall as domestic equity markets are facing significant drops in morning sessions.
Global Market: South Korean stocks slide more than 3% as Iran conflict deepens global market selloff
South Korea’s Kospi plunged over 3% as rising bond yields, higher oil prices and escalating US-Iran tensions hit investor sentiment. Foreign investors sold heavily, while major technology and auto stocks declined. Korean Treasury yields climbed across maturities, although the won strengthened against the dollar as August inflation rose modestly.
Why is market falling today? Sensex, Nifty selloff wipes out Rs 5 lakh crore investor wealth: 5 key factors
Indian stock markets experienced a significant downturn on Wednesday morning. Sensex and Nifty saw substantial drops, reflecting investor concerns. Escalating US-Iran tensions and soaring oil prices spooked market participants. This sharp decline erased nearly Rs 5 lakh crore from market capitalization.
Deepa Jewellers IPO Day 2: GMP at 25%, subscription near 90% — Should you subscribe?
The Deepa Jewellers IPO enters its second bidding day with 87% subscription on Day 1 and a 25% GMP, indicating strong investor sentiment. Priced at Rs 168–177, the Rs 459.72-crore issue benefits from robust FY26 growth, with profit rising 158%. Analysts highlight attractive valuation, expansion plans and favourable jewellery-market prospects.
2026 multibagger Welspun Corp shares in focus after signing MoU for pipe manufacturing in Jordan
Welspun Corp shares will be in focus after the company signed an MoU with Perma-Pipe International Holdings and the Jordanian government to explore setting up pipe manufacturing and advanced coating facilities in Jordan. The proposed joint venture could serve water, oil and gas, energy and infrastructure projects across Jordan and neighbouring Middle Eastern markets.
Best FII bets: 3 AI-linked stocks and up to 250% rally in Q1. Have investors missed the bus?
FIIs have remained heavy sellers of Indian equities since September 2024, with nearly $60 billion in cumulative outflows. However, Q1 shareholding data suggests they are becoming more selective, with some bets delivering strong gains. HFCL saw FII ownership more than double to over 15%, while its stock surged 214%, highlighting the payoff from targeted investments.
Bond selloff deepens as inflation, oil prices jolt markets
The bond market is undergoing a tumultuous selloff, resulting in elevated borrowing costs for potential borrowers. Concerns surrounding inflation and rising government debt are amplified by increasing energy prices. As yield rates climb, homeowners should brace for higher mortgage costs, adding fiscal strain for many. Additionally, bond investors are seeking higher premiums to compensate for inflation risks, with tech companies’ investments in AI further impacting the market dynamics.
Eicher Motors Share Price Live Updates: Eicher Motors Stock Details
Eicher Motors' stock price is being tracked in real-time, with details on its current performance and trading activity. The updates provide investors and analysts with the latest information on the company's share value and market movement.
Wipro Share Price Live Updates: Wipro's Financial Snapshot
Wipro's latest financial performance is being tracked in real-time, with updates on its share price reflecting current market sentiment. The company's financial snapshot provides insights into its recent earnings, revenue trends, and operational updates. Investors and analysts are closely monitoring these developments for signs of growth or challenges.
Priority Jewels IPO allotment likely today: GMP signals 14% listing gain. Here’s how to check status
The initial public offering (IPO) of Priority Jewels, a jewelry retailer, is set to finalize its share allotment today after receiving overwhelming subscription interest. The IPO, oversubscribed by 100.45 times, has generated a grey market premium (GMP) of Rs 28, indicating a potential 14% listing gain on September 4. Investors can check their allotment status through official registrar and exchange websites.
ESDS Software Solution IPO allotment likely today: GMP at 60%; here’s how to check your status
ESDS Software Solution's ₹720 crore initial public offering (IPO) is set to finalize its allotment today, with shares expected to list on September 4. The IPO saw overwhelming demand, being subscribed 135.88 times, and currently has a grey market premium (GMP) of 60%, suggesting potential for significant listing gains.
Purple Style Labs IPO Day 3: GMP, subscription status, key details. Should you subscribe?
Purple Style Labs' initial public offering is in its final day of bidding, with the issue 24% subscribed by the second day and a modest grey market premium of 1%. Retail investors have shown stronger interest, but concerns remain about the company's financial losses in FY26 and doubts over its long-term profitability, prompting a neutral rating from SBI Securities.