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Aswath Damodaran's warning on trillion-dollar fight over SpaceX and OpenAI in world's most powerful stock index
Updated at : 2026-06-19 13:20:02

NYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, OpenAI and Anthropic in the S&P 500 could reshape passive investing. While these firms may quickly become some of the market’s largest companies, Damodaran argues they could still be loss-making, have evolving business models and governance concerns a year after listing.

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Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?
Updated at : 2026-06-19 12:25:02

The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech and other IT stocks. While some experts see valuations turning attractive after the correction, others remain cautious amid AI-led disruption and slowing growth prospects.

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NSE IPO impact: IFCI shares recover 6% after last session's crash
Updated at : 2026-06-19 11:20:02

IFCI shares rebounded 6% on Friday after a 9% drop in the previous session, extending a rally driven by optimism around the long-awaited NSE IPO. The stock has surged 58% in less than a month and nearly 65% in 2026 so far.

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Stocks to buy in 2026 for long term: Hyundai Motor, Ramco Cements among 5 stocks that could give 10-20% return
Updated at : 2026-06-19 08:20:02

We have collated a list of recommendations from top brokerage firms from ETNow and other sources

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US stocks: US market's indexes advance with boost from chips, Iran optimism
Updated at : 2026-06-19 02:20:01

U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high after President Trump announced a deal for U.S.-based chip design and manufacturing. Oil prices slid as the U.S. and Iran extended an interim agreement, allowing for continued passage through the Strait of Hormuz.

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Brent crude oil price touches pre-Iran war lows after ceasefire deal
Updated at : 2026-06-18 23:20:02

Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen the Strait of Hormuz and lift sanctions. This is expected to boost global oil supply. Analysts anticipate a gradual recovery in oil flows. Some experts believe prices may not plummet further.

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Market Trading Guide: Radico Khaitan among 2 stock recommendations for Friday
Updated at : 2026-06-18 21:25:01

Domestic markets remained range-bound with a positive bias as optimism from the US-Iran peace deal faded amid hawkish Federal Reserve commentary. Rising energy-driven inflation concerns kept investors cautious. Analysts recommended VTL and Radico Khaitan, citing bullish breakouts, strong momentum and potential upside.

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