BIZARRE: 18 - What They Never Told You

Chip stocks slide after Broadcom boss likens AI investing to ‘casino’

Asian markets fall and Samsung shares tumble after its Chinese rival CXMT claims strong progress

The Guardian - UK · Oct 13

India's power sector profits likely to grow up to 11% in Q2FY27 on strong demand: Report

India's power sector is expected to post up to 11 per cent year-on-year (YoY) profit growth in Q2FY27, driven by strong electricity demand, higher plant load factors and potential incentives for thermal power producers, according to Nuvama Institutional Equities.

The Economic Times · Oct 13

Nifty 50 at 26,500 in 4-5 months? Monarch Networth CEO points to 3 key triggers

Nifty 50 could reach 26,000-26,500 within four to five months, driven by cooling US Treasury yields, dollar weakness, and FII short covering, according to Monarch Networth Capital CEO Gaurav Bhandari. Strong monthly domestic inflows of Rs 31,000 crore provide additional support for valuation re-rating.

The Economic Times · Oct 13

Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%

Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns rattled global technology stocks. Broadcom and Intel executives flagged capital constraints, prompting investors to reassess the AI boom. Separately, OpenAI told investors its September annualised revenue…

The Economic Times · Oct 13

Best flexi cap mutual funds to invest in October 2026

Flexi cap mutual funds have the freedom to invest anywhere depending on the view of the fund manager. For example, he or she might invest more in large cap stocks. Or in a bull market she might invest more in mid cap or small cap stocks. Investors should be extremely…

The Economic Times · Oct 13

High crude vs festive demand: Can consumption stocks withstand the oil shock?

As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG and apparel. With input and logistics costs rising, analysts indicate that while consumer spending could increase, the burden of elevated crude prices might pressure profit margins. Larger, established…

The Economic Times · Oct 13

Jefferies lists 6 factors that will shape CRDMO winners; Divi’s Labs, Sai Life, Laurus, Anthem among stocks to watch

India's CRDMO sector is on the brink of expansion, backed by solid partnerships with major pharmaceutical players and comprehensive capabilities. Jefferies emphasizes the critical role of specialized manufacturing skills and a strong project pipeline for achieving success. With Divi's Laboratories and Sai Life Sciences excelling in these domains, there is…

The Economic Times · Oct 13

Why did market rally today? Sensex surges 1,100 points, Nifty closes above 22,700. 5 key factors behind D-Street rebound

Stock Market Today: On Tuesday, Indian equity benchmarks, Sensex and Nifty, showcased a robust recovery after a lower opening. Driving this upward momentum, IT stocks saw notable gains, particularly HCL Tech, which soared more than 5% following its impressive Q2 results.

The Economic Times · Oct 13

Global Market: Japan’s Nikkei slides over 2% as AI stock selloff deepens on US chip weakness

Japan’s Nikkei 225 fell 2.64%, extending losses to four sessions as AI-related and semiconductor stocks declined amid Wall Street weakness. Geopolitical tensions and inflation concerns added pressure, with wholesale prices rising 6.8% year-on-year in September. Kioxia Holdings plunged 13.02%, while shipping stocks gained despite broader market weakness.

The Economic Times · Oct 13

Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concerns

South Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary trading curb. Samsung Electronics and SK Hynix suffered sharp losses, while foreign investors sold equities heavily. Weak technology stocks, a softer won and falling bond yields reflected growing market uncertainty and investor…

The Economic Times · Oct 13