Software stocks are finally priced for a comeback, this veteran strategist says. He’s buying.
Fundstrat managing partner and head of research Tom Lee says investors are underestimating how strong software companies will rise to the AI challenge.
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Fundstrat managing partner and head of research Tom Lee says investors are underestimating how strong software companies will rise to the AI challenge.
Twelve Nifty500 companies posted 30%+ YoY sales growth in Q4 FY26, signalling strong demand and accelerating business momentum.
Kotak Institutional Equities says any election-driven market rally may be short-lived, as rising oil prices and a widening deficit pose bigger risks. While positive poll outcomes could lift sentiment briefly, escalating geopolitical tensions and surging crude are likely to shift focus back to macroeconomic pressures.
Both companies had filed their draft papers in September and received SEBI’s observations on April 27, which effectively clears them to proceed.
BSE small-cap earnings showed strong momentum, with select companies delivering over 50% profit growth and sharp stock gains. A few standout performers combined earnings acceleration with multibagger returns, highlighting selective opportunities.
Foreign investors pulled out Rs 60,847 crore from Indian stocks in April. This follows significant outflows in early 2026. Geopolitical tensions and global economic worries dampened investor confidence. Crude oil prices rose, impacting inflation expectations. This led to reduced rate cut hopes and higher bond yields. India's stock market valuations appeared expensive amid these global concerns.
Indian stocks might open higher next week. GIFT Nifty showed a strong rise Friday morning. Investors are watching oil prices and global events. The market faced a sharp selloff recently. Foreign investors have been selling shares. Geojit Investments notes global sentiment has worsened due to US-Iran tensions. Sunny Agrawal highlights key economic data to track.
The market holiday comes a day after benchmark indices ended Thursday’s session with notable losses, capping a volatile trading day influenced by global pressures and rising geopolitical concerns
The Government of Singapore’s India portfolio declined in value despite select stocks delivering strong gains. While several holdings posted double-digit returns, others saw sharp losses, reflecting mixed performance. The portfolio also saw fresh additions during the March 2026 quarter, signalling continued active allocation and strategic shifts across sectors.
The cash-settled contracts will pay a fixed amount depending on whether the index finishes above or below a set level, marking a step toward prediction-style financial products
Indian stocks and the rupee experienced a significant downturn on Thursday. Surging oil prices and rumors of potential military action against Iran impacted investor sentiment. Despite this, Indian markets saw their best April performance in 28 months. The Reserve Bank of India intervened to support the rupee. Markets will be closed on Friday for Maharashtra Day.
The Reserve Bank of India's net short forward position surged to a record $104 billion in March, a significant increase from February's $77 billion. This reflects the RBI's continuous intervention to protect the rupee against volatility, impacting India's import cover to under nine months.
The Securities and Exchange Board of India has launched a new fast-track system for alternative investment funds. This allows schemes to launch quicker after filing documents. Merchant bankers and AIF managers now hold greater responsibility. The regulator will not review draft disclosures beforehand. This change aims for efficient capital deployment by AIFs.
India's small-cap stocks experienced their strongest monthly rally in at least a decade during April, recovering significantly after a sharp March sell-off. Local investors actively bought beaten-down stocks, with the Nifty Smallcap 250 index jumping 17.1%. This surge followed a period where many small-cap stocks had declined, attracting interest in quality businesses with strong growth prospects.
The move comes as high-profile firms like SpaceX, OpenAI and Anthropic prepare for potential IPOs, prompting changes such as shorter eligibility timelines and relaxed profitability criteria
As SpaceX, Anthropic and OpenAI reportedly gear up for IPOs, S&P Dow Jones Indices is considering whether to allow ‘fast-track’ entry and relax profitability requirements.
Gold prices cemented the worst two-month decline in history on Thursday, based on the price of heavily-traded futures contracts.
HUL's volume growth exceeded expectations, driven by home care and beauty segments. However, rising input costs pressured margins, leading to a 2-5% price increase on products. The company aims to protect sales volume with calibrated price adjustments. HUL anticipates continued execution buoyancy in FY27, supported by premiumization and quick commerce growth. The company has retained its FY27 Ebitda margin guidance.
Bank deposit rates across the Indian banking system rose in March 2026, according to data released by the Reserve Bank of India. The weighted average domestic term deposit rate (WADTDR) on fresh rupee deposits increased by 42 basis points to 6.07% in March from 5.65% in February.
This time-tested mix of stocks and bonds thrives in uncertainty — and maybe because of it.
Indices surge sharply across-the-board despite weak ₹, surging oil prices, FPI pull-out
The move comes amid a rally in gold prices, which pushed the share of gold in India’s forex reserves to 16.7%, up from 13.92% six months earlier
The Indian stock market saw a dip on Thursday with the Sensex falling. However, this did not stop four stocks from the BSE 200 index from reaching their highest levels in a year. These companies, including Lloyds Metals & Energy and Hitachi Energy India, showed strong upward movement.
Shapoorji and Pallonji Group offering yields of at least 14% to raise as much as $1 billion, sources say
Non-LVF schemes can launch funds 30 days after filing; merchant bankers, managers bear disclosure responsibility
Sensex ends down 582.86 points, or 0.75%, at 76,913.50, while Nifty 50 sheds 180.10 points, or 0.74%, to settle at 23,997.55
The yellow metal recovered from a one-month low as easing US Treasury yields and bargain buying supported sentiment.
Indian markets ended sharply lower, dragged by FMCG, banking and auto stocks. Select stocks saw steep moves as earnings triggered declines in some even as Syngene and Newgen gained.
Goldman Sachs’ traders say investors have been chasing the hot semiconductor sector, but with some high-stakes bets that may be hard to get out of should things go wrong.
Sensex, Nifty Trading Highlights: April 30: Indian benchmark indices ended lower on Thursday, with Sensex and Nifty slipping amid broad-based selling. Only IT stocks managed gains, while most sectors declined and market breadth turned negative with more losers than gainers.
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices, a record low for the rupee, and other factors that negatively impacted investor sentiment.
The currency fell to 95.33 per dollar, down as much as 0.5% on the day, eclipsing its previous all-time low of 95.21 hit in late March
Analysts said precious metals gained in global markets after the US Fed maintained a status quo on rates for the third straight meeting, supporting domestic metal prices
Despite the product announcement, Thomas Cook India’s stock was at ₹93.89 on NSE at midday Thursday, down 1.25% from ₹95.08