Topic
rally
Stock market today: BSE Sensex rallies over 750 points, Nifty50 ends shy of 24,000 - top reasons for rise
Indian equity markets rallied strongly on July 27, 2026, with BSE Sensex closing up 776 points (1.02%) at 76,835.78 and Nifty50 ending at 23,995.95, up 228 points (0.96%), snapping a five-day losing streak. The rally was driven by easing Iran-US tensions, a sharp decline in crude oil prices, value buying after last week's correction, and falling US Treasury yields.
Kospi Plunges 7% into Bear Market as Strait of Hormuz Closure Sparks Global Sell-Off
South Korea's Kospi index fell 511 points to 6,964.76, a 7% decline, placing it in bear market territory 25% below June peak. The sell-off was triggered by Iran's claim of closing the Strait of Hormuz, pushing oil prices up more than 4%. Technology heavyweights SK Hynix and Samsung Electronics led losses, falling 10% and 6% respectively. Despite the correction, the Kospi remains the world's best-performing major index in 2026, up 63% year-to-date.
Coffee prices tumble after record rally as El Niño fears and ICE margin hike fuel volatility
Coffee prices on the ICE exchange tumbled on Friday, with arabica down as much as 8%, after a record rally earlier in the week. The U.S. Climate Prediction Center forecast an 81% chance of a very strong El Niño, while ICE raised margin requirements, reducing liquidity and increasing volatility. Cocoa futures also plunged 10% but remained on track for strong weekly gains.
Micron overtakes Meta in market value as AI boom fuels rally
Micron Technology's market capitalization surpassed Meta Platforms and Tesla on Thursday, driven by a strong fourth-quarter forecast and $22 billion in customer commitments for AI memory chips. The rally reflects surging demand for memory and storage products powering artificial intelligence systems.
Why BSE Sensex Surged Nearly 800 Points: Top Reasons Behind Today's Rally
The BSE Sensex surged 791 points to close at 76,991 on Wednesday, driven by global market recovery, RBI Governor's dovish comments, falling crude oil prices, optimism over a US-India trade deal, and continued foreign investor buying. IT and banking stocks led the gains.
Trump Claims 'Soaring' Economy on Record Stock Rally, Tax Cuts Ahead of Independence Day
President Donald Trump on Friday declared the US economy was 'soaring,' pointing to a record quarterly stock market performance, tax cuts, narrowing trade deficit, and surging investment. His remarks came ahead of the nation's 250th Independence Day and were amplified by a Mount Rushmore speech and a CNBC interview.
Markets Rise to 10-Week High as Easing Crude and Strong Banking Update Fuel Rally
Indian equity benchmarks rose to a 10-week high on Monday, driven by a sharp rally in HDFC Bank after a strong quarterly business update and a decline in crude oil prices. The Nifty and Sensex each gained 0.7% to close at 24,430 and 78,285 respectively, rising 2.4% in four sessions. Lower oil prices due to easing West Asia tensions also supported broader sentiment.
Gold Price Prediction: MCX August Futures Show Bullish Bias, Analysts Advise Buy on Dips
MCX Gold August futures are showing a bullish bias, with prices recovering strongly and trading above short-term moving averages. Analyst Jateen Trivedi recommends a buy-on-dips strategy, with entry near Rs 1,47,400 and targets up to Rs 1,48,600.
Spacex Shares Slide Over 6% as Post-IPO Euphoria Fades; Valuation Drops $150 Billion
SpaceX shares fell more than 6% on Thursday, trading at $178.50, as the post-IPO rally lost momentum. The stock remained over 30% above its $135 IPO price but has now declined nearly 11% from its peak. The slide reduced SpaceX‘s valuation by over $150 billion, and the broader space sector also weakened. Analysts attributed the decline to profit-taking and the stock’s small public float.
Wall Street Rallies, Oil Tumbles as US and Iran Reach Deal; AI and Travel Stocks Surge
Wall Street rallied sharply on Monday after the United States and Iran reached a tentative agreement to extend the ceasefire and reopen the Strait of Hormuz, causing oil prices to plunge. The S&P 500 rose 1.5%, the Dow jumped 638 points, and the Nasdaq gained 2.3%. AI-linked stocks and travel companies surged, while easing oil prices reduced inflation fears and lowered the probability of a Fed rate hike.
Rupee rallies to five-week high on crude oil plunge; RBI measures add to momentum
The Indian rupee strengthened to a five-week high of 94.71 against the US dollar on Monday, supported by a sharp drop in crude oil prices after a preliminary US-Iran agreement and by RBI measures to attract dollar inflows. Traders and economists see further support for the currency, though the central bank's willingness to allow gains remains a key factor.
Bank stocks rally as RBI pushes for forex assets with FCNR(B) swap window guidelines
Indian bank stocks rallied after the RBI issued operational guidelines for a special FCNR(B) swap window, with public sector lenders leading gains. The RBI will absorb hedging costs and exempt CRR/SLR requirements, aiming to attract up to $50 billion in foreign currency deposits. The rupee strengthened 35 paise to 95.36 per dollar.
Asian & European markets up
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G-Secs Surge as India Eases Foreign Investment Rules
India's G-Secs rallied as the government and RBI eased foreign investment rules, lowering yields to 6.94%. The move exempts FPIs from taxes, aiming to attract foreign flows.
IT Stocks Surge as Investors Reassess AI Impact
Shares of Infosys, TCS, and Tech Mahindra surged as investors reassessed the impact of AI on the IT sector. The Nifty IT index climbed 3%, driven by technical signals and upcoming US Federal Reserve policy decisions.