📰 Latest Economy & Stock Market News
Trump vs Michael Burry: US Prez buys shares of Warren Buffett's firm but 'Big Short' investor feels it's not an attractive bet
Updated at : 2026-08-24 13:25:02

Donald Trump bought $1–5 million of Berkshire Hathaway shares in June, even as investor Michael Burry questioned the stock’s future after Warren Buffett’s succession. Berkshire has begun deploying its record cash reserves under Greg Abel, buying equities including Alphabet. Strong quarterly profits and revenue growth continue to support investor interest.

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Muthoot Finance, Manappuram Finance shares rally up to 11% in 4 days as gold crosses Rs 1.63 lakh
Updated at : 2026-08-24 13:20:02

Gold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained sharply as gold prices climbed on a weaker dollar and liquidity support from the US Treasury. Investors are watching US inflation data and Fed signals at Jackson Hole. Rising gold prices and geopolitical tensions continue supporting demand for gold-backed lending.

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Nvidia Q2 Earnings: Can the AI chip giant beat sky-high expectations?
Updated at : 2026-08-24 12:35:02

Nvidia’s August 26 earnings will test the sustainability of the AI boom, with investors watching revenue, Blackwell demand, data-centre growth and future guidance. Strong results could lift semiconductor stocks, while weaker outlooks may revive concerns over stretched valuations and slowing AI infrastructure spending.

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5 key themes set to drive global markets this week
Updated at : 2026-08-24 12:30:02

Global markets face a crucial week as Jackson Hole, Nvidia’s earnings, inflation data and central-bank decisions take centre stage. Bond yields, crude prices and geopolitical developments will shape rate expectations, technology stocks and investor sentiment.

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Sugar stocks Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 11%. Here are 2 triggers
Updated at : 2026-08-24 12:25:02

Sugar stocks rose sharply on Monday as domestic sugar prices climbed above Rs 50 per kg amid tight inventories and supply concerns. Festive demand, adverse weather in key producing regions and Brazil’s shift towards ethanol are adding to worries over availability. The government has also tightened stockholding limits to curb hoarding.

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Madhur Knit Crafts, ABH Healthcare SME IPOs Day 1: Early subscription, GMP, and key details
Updated at : 2026-08-24 12:20:02

Madhur Knit and ABH Healthcare SME IPOs opened on August 24, 2026, attracting early investor interest. Madhur Knit showed a 16% GMP, while ABH Healthcare had no GMP. Both issues close August 27, with listings expected September 1. Investors will track subscription trends, valuations, proceeds utilisation and grey-market sentiment closely.

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LIC, Indian Overseas Bank among 10 stocks with maximum GoI holding in Q1: See full list
Updated at : 2026-08-24 11:45:02

Government ownership remains high across several listed companies, with the Centre holding over 87% stake in each of the top 10 stocks as of June 30, 2026. The companies span sectors including financial services, fertilisers, engineering, trading and tourism, with their market capitalisations varying widely.

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Vishal Mega Mart shares soar 10% after CEO reappointment. Here's why Morgan Stanley sees 41% upside
Updated at : 2026-08-24 11:40:02

Vishal Mega Mart surged after the company reappointed Gunender Kapur as Founder, MD & CEO for a five-year term through August 2031. Morgan Stanley retained its ‘Overweight’ rating, saying the move eases succession concerns and provides continuity to the retailer’s growth strategy, while maintaining a Rs 146 target price, implying over 41% upside from the previous close.

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Lalithaa Jewellery Mart shares surge 36% from IPO price after strong market debut. Should you buy, sell or hold?
Updated at : 2026-08-24 11:35:02

Lalithaa Jewellery Mart shares surged after debuting at a 32% premium to the IPO price, reaching over 36% gains. Strong subscription, attractive valuations versus peers and expansion plans have supported investor optimism. Analysts, however, caution about gold-price volatility, working-capital intensity, inventory management and consumer demand while offering mixed hold or profit-booking strategies.

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Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720
Updated at : 2026-08-24 11:30:02

Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The brokerage highlighted the company’s AI strategy, including Zero License and token-based pricing models, while expecting delayed deal ramp-ups and AI-led opportunities to support stronger growth in CY27.

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