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Oil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply that offset threats to output from conflict in the Middle East and the Russian war in Ukraine.
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Oracle’s shares dipped slightly on Thursday, following a record-breaking surge in the previous session driven by strong gains in the company’s AI cloud business.
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Sensex closed higher at 81,548 on Thursday, while six BSE 500 stocks—Zydus Wellness, GMDC, Waaree Energies, Fortis Healthcare, and Indian Bank—hit fresh 52-week highs, signaling bullish momentum and potential upside for investors.
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Indian markets closed higher as Nifty 50 extended its winning streak to seven sessions, ending above 25,000. Gains came on hopes of US-India trade talks, GST cuts, and resilience despite tariff concerns.
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Nifty extended gains for the sixth session, supported by IT and financial stocks. Analysts see bullish momentum with Nifty above 21EMA. Experts recommend HAL, NLC, BEL, Indraprastha Medical, and Waaree Energies as top stock picks for Thursday.
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Seven Nifty 50 companies — including TCS, Infosys, Titan, Coal India, BEL, ITC, and Bajaj Finserv — have consistently delivered RoE above 20% for four straight years, signaling strong profitability, efficient capital use, and sustainable growth.
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Centurion Accommodation REIT is targeting a valuation of up to S$1.51 billion in its Singapore IPO, potentially becoming one of the year’s largest listings. The company aims to raise S$771.1 million, with cornerstone investors purchasing a significant portion of the units.
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Indian markets are in a time correction phase post-Covid rally, with earnings growth holding the key for the next upmove. Cement and defence emerge as strong sector bets, while IT faces structural challenges. Fed cuts may support markets, though tariff concerns and global risks persist.
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On Thursday, Wall Street witnessed a positive start. Major indexes like Dow Jones, S&P 500, and Nasdaq Composite showed gains at the opening. This upward movement followed the release of the latest inflation data. The data suggests that the U.S. central bank is likely to proceed with an interest rate cut later this month.
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Indian real estate has attracted nearly USD 80 billion in institutional investments over the past 15 years, with foreign investors contributing a significant 57%. Domestic capital has also increased post-pandemic. The Indian real estate market is projected to reach USD 5-10 trillion by 2047, driven by supportive policies and rising investor interest, with growth expected...
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