STOCKS PLUNGED UPDATES
Is AI selloff a window to buy? Morgan Stanley sees multiple buying opportunities on Wall Street
Morgan Stanley sees the recent AI stock selloff as an overreaction and recommends selectively buying the dip across hyperscalers, semiconductor and infrastructure companies. The brokerage expects some US data centre projects to shift from 2028 to 2029 following Democratic election victories, potentially extending the AI capital expenditure cycle and reshaping investment opportunities.
US stocks today: Nasdaq rebounds as chip stocks recover from steep losses, rate fears persist
US stocks rebound as chipmakers recover from Thursday's steep AI-led selloff, lifting the Nasdaq 1.73%. Nvidia, AMD, Intel and Micron lead the recovery, while stronger-than-expected October jobs data revive concerns over a December Fed rate hike. Airbnb rallies after raising its full-year revenue growth forecast, while Atlassian shares decline.
US stock market today: Why is the Nasdaq up 1% while the Dow Jones falls? S&P 500 turns green amid tech stock volatility and Fed rate hike fears over strong October jobs report
US stock market today: Wall Street is seeing a split recovery on Friday after Thursday's AI-led sell-off. The Nasdaq has jumped 1.02%, while the Dow Jones has fallen 0.90% and the S&P 500 gained 0.29%. Nvidia, AMD, Intel, Broadcom and Micron were among the chipmakers recording gains in early trading. Nvidia's rebound has been particularly important because of its large weight in the broader market.
Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and Astral
Indian equity markets continued their upward trend, highlighted by the Nifty 50 gaining 576 points. Bharti Airtel, LIC, and Titan Company reported strong profit increases for the September quarter. ONGC also posted a substantial rise in consolidated profit compared to last year. In contrast, Glenmark Pharmaceuticals faced a significant decline in net profit this quarter. Overall, corporate developments are influencing investor sentiment as markets react to earnings reports.
Stock markets down today: Dow Jones plunges 1,753 points, S&P 500 drops 4% and Nasdaq enters correction - why Wall Street reversed its post-election rally
Stock markets down today: Wall Street's post-election rally quickly turned into a major sell-off as the Dow plunged 1,753 points and the Nasdaq entered correction territory. Fears that Democratic victories could slow AI data-center expansion triggered heavy losses in Nvidia, AMD, Micron and other technology stocks, wiping out Wednesday's gains.
Nasdaq tumbles over 3% as tech stocks extend selloff after Democrats sweep midterms; Tesla plunges 9%, chipmakers slide
US stocks faced a sharp decline on Thursday, particularly in technology shares, amid concerns over regulatory scrutiny. The Nasdaq Composite fell over 3%, reversing optimism following the Democrats' midterm election victories. Key companies including Nvidia, Advanced Micro Devices, and Tesla were among the hardest hit. Investors expressed worries about the implications of stronger Democratic control on the artificial intelligence industry.
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Emerging markets lose $33.8 billion in October as investors flee Asian stocks
October witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all of this outflow consisted of equities, severely impacting Taiwan. While Emerging Asia grappled with major losses, Latin America encountered minimal setbacks amid election related volatility. Additionally, Chinese stocks continued to see foreign sell offs for the fifth consecutive month.
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma
Indian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC faced a decline in consolidated net profit, impacted by the cigarette business, despite revenue growth. Marico saw a significant rise in net profit and expanding EBITDA margins during the quarter. Container Corporation of India reported a subdued performance with a slight decline in net profit compared to last year.
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepen
Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology companies like Meta, Alphabet, and Microsoft are increasing their capital outlays to strengthen AI infrastructure. The Nasdaq 100 index has already seen a significant decline of more than 5.8% in October. Analysts predict that global AI infrastructure spending could reach unprecedented levels by 2030.
Reddit stock plunges 30% as Google's AI search threatens traffic and user growth
Reddit shares plunged 23% after the company warned that Google's AI powered search features were hurting referral traffic and could lead to a decline in daily active users. Pinterest also fell after issuing a weaker revenue outlook, as pressure on European cross border sellers weighed on its business and growth expectations.
US stocks today: Nasdaq slides over 1% as Alphabet's AI spending revives investor concerns
The Nasdaq Composite dropped over 1% as Alphabet reported disappointing advertising results. The downturn was worsened by software stocks, which fell following Fortinet and ServiceNow's unfavorable quarterly performances. Rising AI spending concerns and inflation data also impacted investor sentiment. On a brighter note, Eli Lilly's shares surged due to strong revenue forecasts, while Caterpillar faced declines as it kept its annual sales forecast steady.
Google shares crash 13% after $9 billion cash burn sparks AI spending fears
Alphabet shares crashed 13% as third-quarter earnings missed expectations due to heavy AI spending and slowing search ad growth. Net profit fell 25% to $26.17 billion despite a 25% revenue jump to $127.58 billion. Negative free cash flow of $9.1 billion and surging capital expenditure raised market concerns.
Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy
Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares experienced significant declines, falling more than 2%. The Nifty 50 index settled at 22,699, down 51 points, indicating ongoing resistance at 22,800. Several companies, including Jio Platforms and Hero MotoCorp, reported their quarterly earnings that impacted market sentiment.
Why did market fall today? Sensex falls 353 points, Nifty closes below 22,700 despite Jio’s solid debut; 4 triggers spooking D-Street
In a challenging session, the Indian stock market dipped into the red due to increased oil prices and a slump in IT stocks. Jio Platforms’ promising launch couldn't counter the broader fears stemming from escalating conflicts in the Middle East. Major indices dropped sharply, impacted by worries about inflation and fluctuating bond yields.
This Tata Group stock plunged 10% a day after rallying 19% post Q2 results. Do you own?
Tata Teleservices (Maharashtra) shares plunged on Friday, giving up some gains after rallying 19% in the previous session following its Q2 results. The stock fell to Rs 34.24 on the NSE. The company reported a net loss of Rs 59 crore in Q2 FY27, narrowing from Rs 321 crore a year earlier and Rs 72 crore in the previous quarter. Despite the improvement, the stock has declined over 30% in 2026 so far and 59% in three years.
Why did market fall today? Sensex drops 460 points, Nifty closes below 22,700. Key factors behind Rs 3 lakh crore rout
The Indian stock market took a notable hit on Thursday, with Sensex and Nifty reporting steep declines. This drop coincided with rising oil prices triggered by geopolitical strife, especially in Saudi Arabia. Global markets added to the gloom, while persistent sell-offs from foreign institutional investors have raised alarms. Analysts believe a more substantial market correction could be imminent as investors begin to reassess stock valuations.
M&M Financial Services shares crash 10% after Q2 results. What are Nomura and other analysts saying?
Mahindra & Mahindra Financial Services shares fell sharply on despite a 55% year-on-year rise in Q2FY27 net profit to Rs 882 crore. Nomura lowered its target price to Rs 400 while retaining a Buy rating, citing asset quality concerns and rising funding costs. Motilal Oswal maintained its Buy rating.
Special team to probe eMudhra incident; impact on Indian websites, applications very limited: Govt
The ministry said the reported security incident pertains to eMudhra’s global certificate business, and its impact on Indian websites is very limited.It also said some social media accounts were indulging in fear-mongering about the impact.
Global Market Today: Asian shares, US futures rise on AI-trade revival
The MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of the country’s worst IPO debuts on record.
AI stock selloff eases as investors buy on dips amid falling bond yields
A selloff in risky AI-linked stocks eased as buyers returned to technology amid falling bond yields. CoreWeave experienced significant stock declines and bond yield concerns raised worries about rising financing costs. Major AI laboratories like Anthropic and OpenAI reflected slowing growth, contributing to overall investor nervousness. Stock movements varied among leading companies as interest rates influenced market dynamics.
HCL Tech shares rise 2% ahead of IT major’s Q2 earnings announcement today. What to expect?
HCL Technologies shares rose ahead of the IT major’s Q2 FY27 results, with brokerages expecting around 12% year-on-year growth in net profit and 16% growth in revenue. Acquisitions, deal ramp-ups and seasonal strength are likely to support performance, while investors will watch for a revision in the company’s guidance.
Why did market crash today? Nifty hits fresh 52-week low, Sensex tanks over 1,000 pts. 7 triggers behind Rs 10 lakh cr bloodbath
Sensex Nifty Down: On Thursday, there was a notable decline in the Indian stock market, marked by a drop of over 1.5% in both Sensex and Nifty. This downturn was attributed to the RBI's tightening policies and ongoing selling by foreign institutional investors.
Why did market rise today? Sensex jumps over 685 points, Nifty closes above 22,750. 4 key factors behind D-St rally
The Indian stock market recorded notable gains as investor confidence improved with cooling oil prices and strong quarterly updates. Sensex surged over 550 points while Nifty 50 climbed above the 22,700 level, resulting in increased market capitalization. Notably, Trent shares rose nearly 13% following a robust business update, while other significant stocks also gained. Concurrently, volatility measures decreased, indicating market stability amidst broader gains in various sectors.
Consumer demand revives, but D-Mart shares plunge amid e-commerce fears
Consumer demand gained momentum for companies like Marico and Godrej Consumer Products in the second quarter. Retailers including D-Mart and V-Mart Retail showed strong sales growth, although D-Mart's shares declined significantly. Marico reported a double-digit volume growth, while Godrej tracked revenue growth in the teens despite inflationary risks. Nykaa experienced robust growth in its beauty and fashion segments during the quarter.
Why did market crash today? Sensex drops 571 points, Nifty nears 22,450. 5 key factors behind Rs 5 lakh crore wipe out
Stock market Crash Reason: The Indian stock market endured a notable downturn, with both Sensex and Nifty witnessing considerable drops. In a single day, Foreign Institutional Investors offloaded equities worth more than Rs 10,000 crore. The climb in bond yields added to negative investor sentiment, exacerbating market volatility. Additionally, the rupee weakened against the dollar, pushed down by soaring Treasury yields.
Why is market falling today? Sensex slumps 700 points, Nifty below 22,600. 8 key factors rattling D-Street
Stock market Down Today: On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop exceeding 1.5% the day before. A staggering Rs 4 lakh crore was wiped off in market capitalisation, as investors reacted to rising oil prices and climbing bond yields.
Why did market crash today? Sensex plummets 1,248 points, Nifty ends below 23,100. 5 factors behind today's D-Street bloodbath
Sensex Nifty Crash Today: The Indian stock market took a significant hit as both Sensex and Nifty posted sharp declines. This downturn is largely attributed to rising US Treasury bond yields coupled with growing anticipation of interest rate increases. In conjunction, oil prices surged past $102 per barrel, driven by ongoing geopolitical instability. The Indian rupee also weakened against the US dollar, dampening investor enthusiasm. Experts predict ongoing volatility until economic conditions become clearer.
Why US markets, Dow Jones are down today: Nasdaq, S&P 500 trade lower as AI stocks steady; focus on Fed rate decision
US stocks were subdued on Tuesday as AI shares steadied after a global selloff, while rising oil prices and Treasury yields kept investors cautious. The Federal Reserve is widely expected to raise interest rates on Wednesday as the Iran conflict pushes energy prices higher and threatens to keep inflation elevated.
HDFC Bank shares fall 2% to fresh 52-week low despite victory in Credit Suisse AT1 bonds cases in Bahrain
HDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. The stock remains under pressure amid governance concerns, recent losses and investor focus on earnings, while brokerages maintain positive views.
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