Amidst global market turmoil from the Iran-US war and El Nino, Prabhudas Lilladher lowered its Nifty 50 target to 26,449. The brokerage anticipates limited further downside but warns of sharp swings due to prolonged uncertainty. Rising geopolitical risks and import dependence are impacting India’s economy, potentially curtailing consumption demand.Read More

An ETMarkets analysis identifies stocks held exclusively by a single mutual fund scheme as of May 2026. While returns remain mixed, select stocks have surged up to 62% in CY26. The study filters 189 stocks down to 28, highlighting concentrated bets by fund houses across market segments.Read More

Renowned short seller Jim Chanos questions SpaceX’s massive IPO valuation. He believes the company’s worth is inflated by future hopes, not current reality. Chanos also expresses skepticism about the data center sector’s profitability. Investors are watching closely, especially after past losses betting against tech giants. SpaceX’s offering is poised to be the largest ever.Read More