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NSE:ICICISEC 16 April 2026

India Stock Market Today: Sensex, Nifty Reverse Early Rally as Oil Caution Returns

India Stock Market Today: Sensex, Nifty Reverse Early Rally as Oil Caution Returns

India’s Nifty 50 fell 0.14% and Sensex dropped 0.16% Thursday, reversing early gains as optimism over U.S.-Iran talks faded and Brent crude rose to $96.58 a barrel. Foreign investors have pulled $38 billion from Indian equities since 2025. The rupee held near 93.30 per dollar, with offshore dollar/rupee hedges easing after RBI action. HDB Financial Services shares surged on a 41.4% profit jump.

Stock Market Today

  • Dot-com Era Giants Intel, Cisco, Qualcomm, Texas Instruments Reach New Highs After 25 Years
    May 15, 2026, 12:52 PM EDT. Intel, Cisco, Qualcomm, and Texas Instruments, iconic players from the dot-com era, are hitting record highs years after their peak. These semiconductor and networking giants are trading at levels not seen since their heyday, raising questions about whether they will sustain growth or repeat their past struggles. Market watchers note their resurgence underscores strong demand in technology hardware amid a tech sector rebound. The companies' performance highlights a potential shift in investor sentiment toward legacy tech stocks that once defined the internet boom of the late 1990s.

Latest articles

Bitmine Stock Slides as Tom Lee’s $13.4 Billion Ethereum Bet Enters a New Test

Bitmine Stock Slides as Tom Lee’s $13.4 Billion Ethereum Bet Enters a New Test

15 May 2026
Bitmine Immersion Technologies shares dropped 7.7% Friday in New York as ether slid 3.4% to $2,221. Bitmine reported holding 5.2 million ETH, or 4.31% of supply, and plans to slow weekly ETH purchases. Peer Bit Digital said Q1 revenue fell 13.6% and ETH staking revenue dropped 29.4%. Polymarket traders put a 24% chance on Bitmine selling ETH in 2026.
Apple’s OpenAI Deal Hits Legal Turbulence Before WWDC AI Reveal

Apple’s OpenAI Deal Hits Legal Turbulence Before WWDC AI Reveal

15 May 2026
OpenAI is considering legal action against Apple after their ChatGPT-iPhone partnership failed to deliver deeper integration and subscription growth, sources told Reuters and the Financial Times. OpenAI’s lawyers are working with an outside firm on possible breach-of-contract steps. Apple is expected to detail more AI plans at WWDC, set for June 8-12. Apple shares rose about 1% Friday.
IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

IREN Stock Drops After $3 Billion Debt Deal: Why Nvidia’s AI Bet Just Got More Expensive

15 May 2026
IREN closed a $3.0 billion convertible senior notes sale to fund its shift from bitcoin mining to AI data centers. Shares fell $3.94 to $54.46 late Friday morning after the announcement. The offering follows a $3.4 billion AI cloud contract and a 5GW infrastructure partnership with Nvidia. IREN reported a wider net loss of $247.8 million for the March quarter as it decommissioned mining hardware.
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

15 May 2026
SoFi Technologies shares fell 2.6% Friday morning after acquiring PrimaryBid technology assets to expand IPO access, with the deal completed May 8 for an undisclosed price. The stock traded at $15.61, valuing the company at $21.5 billion. First-quarter adjusted net revenue rose 41% to $1.1 billion, while net charge-offs increased to $201.6 million. SoFi kept its 2026 revenue outlook unchanged.
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