Today: 8 June 2026
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NSE:GRASIM 12 November 2025 - 24 May 2026

Nifty Faces Oil Moves, Rupee and Short Week

Nifty Faces Oil Moves, Rupee and Short Week

The Nifty 50 rose 0.27% Friday to 23,719.3 and the Sensex gained 0.31% to 75,415.35, but both indexes remain down sharply since the Iran war began. The rupee hit record lows, prompting Reserve Bank intervention, and foreign investors have sold $23 billion in Indian shares this year. Markets will close Thursday for Bakri Id, leaving four trading sessions in the week.
24 May 2026
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Dalal Street in Turmoil: Sensex Plunges 2,500 Points in a Week – Should You Buy the Dip or Brace for More?

Sensex Today: Benchmark Rally Extends to Day 3; Nifty Closes Above 25,850 as IT, Auto Lead—CPI Crashes to Record-Low 0.25%Indian stocks advance on global risk-on mood, upbeat domestic cues and strong stock-specific action; Groww parent surges on debut

The BSE Sensex rose 595 points to 84,466.51 and the NSE Nifty 50 gained 181 points to 25,875.80 on Wednesday, marking a third straight advance. India’s October CPI fell to a record-low 0.25% as food prices dropped 5.02%. Billionbrains Garage Ventures (Groww’s parent) debuted 31% above its IPO price, valuing the firm at ₹761 billion. The rupee closed at 88.63 per U.S. dollar, slightly weaker.
12 November 2025
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Stock Market Today

  • Abercrombie & Fitch Americas Region Drives Growth Amid Global Challenges
    June 8, 2026, 2:08 PM EDT. Abercrombie & Fitch Co. (ANF) reported a robust 3% year-over-year sales increase in its Americas region, reinforcing its position as the company's largest and most profitable market. Despite global retail headwinds from geopolitical tensions and economic uncertainty, healthy consumer demand and strategic execution bolstered performance. The omnichannel model, digital investments, and store enhancements helped sustain strong traffic and stable conversion rates. ANF's forward price-to-earnings ratio of 6.87X reflects a valuation discount to peers, amid a 12.7% stock decline over three months. Analyst sentiment remains cautious as international markets struggle, but the Americas region is seen as a stable growth driver for fiscal 2026.

Latest articles

ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

8 June 2026
ASML’s market value soared to a European record of $691.8 billion as analysts raised estimates for its EUV machine output, driving U.S. shares up 7.1% after JPMorgan and Morgan Stanley hiked price targets, with investors betting on ASML’s control of critical chipmaking tools amid surging AI demand and factory expansions planned for 2026.
Meta $145 Billion AI Push Faces Snag With Wall Street

Meta $145 Billion AI Push Faces Snag With Wall Street

8 June 2026
Meta shares fell 0.8% to $587.97 Monday after reports the company may sell tens of billions in new stock to fund AI infrastructure, raising investor concerns about dilution as capital spending soars and AI financing shifts from earnings to equity markets; Meta has not hired banks and may still consider other financing options.
Palantir’s $200 Target Meets Doubts on AI Growth

Palantir’s $200 Target Meets Doubts on AI Growth

8 June 2026
Palantir shares steadied at $135.73 after a volatile week, as investors weighed 85% Q1 revenue growth and a raised 2026 forecast against a steep 96x forward earnings valuation, with analysts warning that any slowdown in U.S. commercial or government revenue, or a shift in AI sentiment, could sharply impact the stock’s high multiple.
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