📰 Latest Economy & Stock Market News
US weekly jobless claims increase more than expected; labor market remains stable
Updated at : 2026-06-04 19:20:02

Despite high-profile job cuts by technology firms related to the adoption ​of artificial intelligence, layoffs have remained low, confining claims to a 190,000-230,000 range this year.

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Vodafone Idea among 4 stocks hit a 52-week high, rally up to 45% in a month
Updated at : 2026-06-04 18:25:02

The Great Wealth Shift: Where India’s Next Fortunes Will Be MadeVodafone Idea, Polycab India, CG Power and Federal Bank hit fresh 52-week highs, with Vodafone Idea leading the pack after a 45% rally in the past month.

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Quotes of the day by Tom Russo: "I think investors should think more and trade less"
Updated at : 2026-06-04 18:20:02

Veteran investor Tom Russo advocates for thoughtful analysis and patience over frequent trading, highlighting that excessive activity incurs costs and emotional decisions. By focusing on high-quality businesses and allowing compounding to work, investors can achieve superior long-term wealth creation, especially during volatile market periods.

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ET Alpha Wealth Summit: Nilesh Shah recommends 4 investment bets that should be part of your portfolio
Updated at : 2026-06-04 17:20:02

Kotak Mahindra AMC MD Nilesh Shah has identified four investment avenues for volatile markets: Special Investment Funds, performing credit AIFs, REITs and Gift City-based global products. He believes these options can help investors generate returns beyond traditional equity market gains while improving diversification.

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Avoid chasing IT rally, focus on power and steel plays: Neeraj Dewan
Updated at : 2026-06-04 14:30:02

Market expert Neeraj Dewan advises selective investing amid volatility, favoring power, energy infrastructure, steel, aviation, commercial vehicles, FMCG, and select auto ancillaries. He remains cautious on IT due to weak guidance. Dewan sees opportunities in renewable energy and battery storage, and believes oil price stabilization will aid aviation stocks.

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13 midcap stocks rally up to 55% in just 3 months. Do you own any?
Updated at : 2026-06-04 14:25:02

Despite a nearly 6% decline in the Nifty 50 over the past three months, the Nifty Midcap 150 saw a 3.5% gain. Thirteen midcap stocks stood out, delivering impressive returns between 30% and 55%, demonstrating significant opportunities within this segment even as broader indices faced pressure.

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ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni
Updated at : 2026-06-04 14:20:02

HSBC Mutual Fund CEO Kailash Kulkarni urged investors to keep return expectations realistic, saying a 12% annual return is a strong outcome in equity markets. Speaking at the ET Alpha Wealth Summit, he highlighted export-led manufacturing as a key long-term opportunity and said AI could empower retail investors through better access to information.

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Earnings slowdown in FY27? JM Financial lists 5 sectors which must do the heavy lifting
Updated at : 2026-06-04 12:30:02

Nifty 50 earnings growth fell short of expectations in FY25 and FY26. While Q4 FY26 results led to an upward revision for FY27E Nifty 50 EPS growth, past downgrades suggest caution. Automobiles, metals, NBFC, telecom, and infrastructure are poised for strong growth. Private banks form the backbone of these expectations.

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ET Alpha Wealth Summit: India outperformed emerging markets over a 10-15 year period; market lag is recency bias: Vikas Khemani
Updated at : 2026-06-04 12:25:02

Veteran investor Vikas Khemani said concerns over Indian equities stem largely from recency bias, not weakening fundamentals. Speaking at the ET Alpha Wealth Summit, he highlighted India’s strong long-term outperformance versus emerging markets and urged investors to focus on structural growth drivers rather than short-term market volatility.

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