Asian markets rally as AI stocks rebound, Kospi surges more than 15%
INDIA MARKET | Fri, 31 Jul 2026, 8:16AM IST
South Korea's Kospi index jumped more than 15 per cent on Friday, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week.
US futures edged higher, and oil prices rose.
In early Asian trading, the Kospi rose 15.3 per cent to 6,447.10. Shares of South Korean technology giant Samsung Electronics surged 21.5 per cent, while memory chipmaker SK Hynix soared 25.6 per cent.
The Kospi index had plummeted more than 16 per cent on Tuesday and Wednesday on a sell-off of technology stocks in part over worries about an AI bubble and rising intensive competition from chipmaking rivals in China.
Tokyo's Nikkei 225 also climbed 5 per cent in early Friday trading. Multinational investment holding company and OpenAI-investor SoftBank Group jumped 14.7 per cent, while chip equipment maker Tokyo Electron rose 9.3 per cent.
Oil prices traded higher on tensions between the US and Iran, and as the Strait of Hormuz, a key waterway for oil transport, rema
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Tech blitz! Nifty IT logs best monthly gain in 6 years. Is the worst over?
INDIA MARKET | Fri, 31 Jul 2026, 8:15AM IST
The Nifty IT pack rebounded with an 18.4 per cent rise this month. Before this, Nifty IT's best show was in June 2020 when it rose 22.5 per cent.
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Sensex, Nifty gain 2% in July led by IT; 50% of BSE 500 stocks underperform
INDIA MARKET | Fri, 31 Jul 2026, 8:09AM IST
Among sectoral indices, the BSE IT surged 16% followed by Consumer Durables (9%), Realty (8%) and Auto (6%). On the flip side, Capital Goods and Power indices declined 7% and 6%, respectively.
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Stocks to Watch today: Tata Steel, ITC, Sun Pharma, Swiggy, IOCL, IRFC
INDIA MARKET | Fri, 31 Jul 2026, 8:07AM IST
Stocks to watch today: Tata Steel, Tata Power, ITC, Sun Pharma, Swiggy, IOCL, IRFC, Maruti Suzuki, Bajaj Finance, JBM Auto, LIC Housing Finance, Hyundai Motor, among others, will be in focus today
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Refex Industries bags Rs 23-cr ash transportation contract
INDIA MARKET | Fri, 31 Jul 2026, 8:04AM IST
Refex Industries said it has secured a rate contract worth around Rs 22.75 crore from a Maharatna Central Public Sector Enterprise (CPSE) for the transportation of ash to road construction sites.
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Stock Market LIVE: GIFT Nifty signals positive open; Kospi surges record 15% tracking AI rally
INDIA MARKET | Fri, 31 Jul 2026, 8:01AM IST
Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated a positive open for the Nifty50 index. Overnight rise in Wall Street AI shares lifted Asian indices to record gains
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INDIA MARKET | Fri, 31 Jul 2026, 7:59AM IST
By the end of Day 2, the IPO had received 45% overall subscription against the 9 crore shares on offer. The retail investor quota was also subscribed 45%, with bids placed for 1.64 crore shares reserved for the segment.
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South Koreas Kospi rockets 17% after massive 3-day selloff. Whats behind the surge?
INDIA MARKET | Fri, 31 Jul 2026, 7:53AM IST
The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as fears of mounting competition from Chinese memory chipmakers triggered heavy selling across semiconductor stocks.
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Gold can hit $5500 by year-end; invest in a staggered manner: MOFSL
INDIA MARKET | Fri, 31 Jul 2026, 7:51AM IST
Even if silver performs, we believe the weightage for gold could be higher in one's portfolio, said Manav Modi of MOFSL.
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F&O strategy: Nandish Shah recommends Bull Spread on Nifty; check details
INDIA MARKET | Fri, 31 Jul 2026, 7:46AM IST
FIIs' long-to-short ratio in the Index futures is placed at an oversold level of 0.10, suggesting a higher possibility of short covering from their side in the days to come.
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Anthropic AI models hacked 3 organizations during cybersecurity tests
INDIA MARKET | Fri, 31 Jul 2026, 7:46AM IST
Anthropic said in a blog post Thursday that it made the discovery after performing a review of its own cybersecurity tests, following OpenAI's announcement of a breach
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Trump weighs $100,000 fee for foreign students to work after graduation
INDIA MARKET | Fri, 31 Jul 2026, 7:46AM IST
If implemented, the fee would put a popular post-graduate visa extension out of reach for many students
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Largecaps look more attractive after midcap, smallcap rally: HDFC AMCs Rahul Baijal
INDIA MARKET | Fri, 31 Jul 2026, 7:41AM IST
At current levels, largecap category remains more attractive on relative valuations, in my view. The broader market indices (both midcap 150 and small cap 250) have seen a positive rally CYTD, and the headline indices are trading at a premium vs their long-term history, but the premium has significantly moderated from the highs of September 2024 levels. In the current environment, a bottom-up stock selection approach across the market cap curve is likely to be rewarded well, with quality blue chips offering a more favourable combination of earnings visibility, governance, and relative valuation comfort.
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OnePlus N6x Launch Today: Expected Price, Battery, Specifications, Colours & More
INDIA MARKET | Fri, 31 Jul 2026, 7:39AM IST
One of the biggest highlights of the OnePlus N6x is its 7,000mAh battery.
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Bhiwandi building collapse kills one
INDIA NEWS | Fri, 31 Jul 2026, 7:38AM IST
At least one person was killed and seven to eight others are feared trapped after a four-storey residential building collapsed in Maharashtra's Bhiwandi late on Thursday night, prompting a large-scale rescue operation involving multiple agencies.A portion of the Kohinoor Building in Balaji Nagar, a locality in the powerloom town of Bhiwandi, caved in around 11.30 pm, officials said.Also Read: Delhi: Three-storey building tilts; disaster management teams, police reach spot, in Delhi's Rohini Sector 16Rescue teams recovered one body from the debris and pulled out an injured boy, who was rushed to a nearby hospital."Bhiwandi-Nizampur Municipal Corporation Fire Officer Vijay Jadhav told PTI that a body was removed from the rubble, and an injured boy was rescued and rushed to a nearby hospital."Authorities said seven to eight people are believed to remain trapped under the rubble as search and rescue operations continue.The building comprised 48 rooms, with 12 on each of its four floors. According to municipal officials, it had already been declared dangerous by the civic body, and repair work was underway when the collapse occurred.Also Read: Saket building collapse: Inquiry finds Municipal Corporation of Delhi responsible, fabricated records to mislead probeEarlier in the evening, around 9 pm, residents reportedly heard "loud cracking sounds" coming from the structure."Fearing the worst, locals immediately helped evacuate many families to other locations. However, while some occupants were still making their way out, the 'B' wing of the building caved in," an official said.A major rescue effort is underway at the site, with personnel from the National Disaster Response Force (NDRF), Thane Disaster Response Force and the local fire brigade deployed. A dog squad, four fire engines, two ambulances and heavy earth-moving machinery have also been pressed into service to search for survivors.
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$100,000 To Work After US Degree? Trump Admin Considers Fee For Foreign Students: Report
INDIA MARKET | Fri, 31 Jul 2026, 7:36AM IST
The fee is understood to be tied to the Optional Practical Training (OPT) scheme.
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54m
Stock Market Live Updates: Sensex, Nifty Seen To Open Higher Amid Global Rally; Brent Crude At $86
INDIA MARKET | Fri, 31 Jul 2026, 7:36AM IST
Sensex, Nifty set for a gap-up open as GIFT Nifty rises and Wall Street rallies on Microsoft earnings. Track live market updates here on NDTV Profit's stock market live blog.
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Sensex, Nifty in August: Will bulls repeat history? 11-yr data decoded
INDIA MARKET | Fri, 31 Jul 2026, 7:35AM IST
In the last 11 years, the Sensex has ended August higher 6 times, with an average gain of 3.42 per cent, and lower 5 times, with an average decline of 2.71 per cent.
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Positive Breakout: These 10 stocks cross above their 200 DMAs
INDIA MARKET | Fri, 31 Jul 2026, 7:34AM IST
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
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INDIA MARKET | Fri, 31 Jul 2026, 7:31AM IST
While large-cap stocks have lagged their mid- and small-cap peers in recent months, valuation comfort is gradually returning, making asset allocation more important than ever.
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Thane: Four-Storey Building Partially Collapses In Bhiwandi, Several People Feared Trapped
INDIA MARKET | Fri, 31 Jul 2026, 7:31AM IST
The collapse has raised serious questions over safety compliance.
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INDIA MARKET | Fri, 31 Jul 2026, 7:28AM IST
Dividend Record Date: Last Day To Buy Shares To Qualify
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INDIA MARKET | Fri, 31 Jul 2026, 7:28AM IST
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
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Battery Startup Raises $550 Million Amid Data-Center Boom
INDIA MARKET | Fri, 31 Jul 2026, 7:25AM IST
The Series C funding, co-led earlier this month by Eclipse and G2 Venture Partners, will allow Antora to build a second factory to produce its modular batteries for pairing with renewables or grid power.
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Gold Rate Today: Check 24K, 22K Gold Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru On July 31
INDIA MARKET | Fri, 31 Jul 2026, 7:21AM IST
Chennai reported the highest gold and silver prices today.
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Gold on track to end four-month slump as investors weigh Fed signals
INDIA COMMODITIES | Fri, 31 Jul 2026, 7:18AM IST
Gold prices are poised for their first monthly gain in five months. Investors are assessing the impact of the U.S.-Iran conflict on global markets. The Federal Reserve's signals are being parsed for clues on inflation and interest rates. Global gold demand remained steady year-on-year as central banks increased purchases. Other precious metals like silver, platinum, and palladium saw mixed movements.
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Yen weakens after intervention-led surge ahead of BOJ policy decision
INDIA CURRENCY | Fri, 31 Jul 2026, 7:16AM IST
The Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal Reserve's inflation stance. Japan conducted yen-buying intervention, pulling the currency from four-decade lows. The Bank of Japan is expected to keep interest rates steady at one percent. Analysts anticipate the BOJ will raise rates again by year-end.
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South Koreas Kospi index jumps more than 16% on a surge of chipmaking stocks
INDIA MARKET | Fri, 31 Jul 2026, 7:13AM IST
South Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebound after recent declines earlier in the week. Japanese markets also climbed, with technology and investment firms showing gains. Oil prices increased due to ongoing tensions and a closed key shipping route. Major US indices closed higher on Thursday, indicating a positive market sentiment.
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South Korea's Kospi index jumps more than 15 pc on a surge of chipmaking stocks
INDIA MARKET | Fri, 31 Jul 2026, 7:13AM IST
South Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebound after recent declines earlier in the week. Japanese markets also climbed, with technology and investment firms showing gains. Oil prices increased due to ongoing tensions and a closed key shipping route. Major US indices closed higher on Thursday, indicating a positive market sentiment.
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Amazon, Microsoft Double Down On AI Spending, Easing Chip Sector Concerns
INDIA MARKET | Fri, 31 Jul 2026, 7:13AM IST
Amazon, Microsoft Double Down On AI Spending
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Five Stocks To Buy: Bharti Airtel, Zee Entertainment, Hindalco And More | July 31, 2026
INDIA MARKET | Fri, 31 Jul 2026, 7:12AM IST
Top picks for Friday, July 31 include Bharti Airtel, Ather Energy, Zee Entertainment Enterprises, Havells India and Hindalco.
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Asian Markets Rally As Kospi Soars 16%, Nikkei Jumps On AI-Led Chip Rebound Ahead Of BOJ Verdict
INDIA MARKET | Fri, 31 Jul 2026, 7:11AM IST
South Korea's Kospi soared more than 16%, rebounding sharply after a three-day rout, while Japan's Nikkei 225 jumped over 6%. Australia's S&P/ASX 200 gained 0.89%, lifting the broader MSCI Asia Pacific Index higher.
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SIP Calculator: Here's How Long A Rs 30,000 Monthly SIP Takes To Start Generating Rs 50 Lakh
INDIA MARKET | Fri, 31 Jul 2026, 7:06AM IST
Over time, the compounded gains contribute more to portfolio growth than fresh monthly investments.
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INDIA MARKET | Fri, 31 Jul 2026, 7:00AM IST
Here's a look at stocks that are likely to be in focus during the trading session on Friday.
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Coal mine blast in Pak kills at least 32
INDIA NEWS | Fri, 31 Jul 2026, 6:48AM IST
Quetta: An explosion inside a coal mine in southwest Pakistan killed at least 32 miners and trapped 10 others underground in what officials believed to be life-threatening conditions as rescuers raced to reach them.The blast on Thursday was apparently triggered by a buildup of methane gas and occurred on the outskirts of the Baluchistan provincial capital of Quetta, said government mine inspector Ghani Baloch.Also read: 11 officers and 15 attackers dead during raid on a Pakistani police postThe bodies of seven people were recovered hours after the blast, and emergency responders later found 25 more bodies, officials and a provincial disaster management agency said in a statement. It said the search and rescue operation was continuing, with rescue teams working to locate and recover the remaining trapped miners.Baloch said rescue operations would continue until all the trapped miners were found, but he added that officials believed the death toll likely would rise further."The chances of finding anyone alive diminish after methane gas explosions because oxygen levels drop to zero, and rescuers are also proceeding cautiously inside the mine," Baloch said.Authorities were handing over the bodies to their families for burial, while relatives of those still trapped waited anxiously for news, Baloch said.Baluchistan's Minister for Mines and Minerals Shoaib Nosherwani said the rescue teams were working under extremely difficult conditions.Nosherwani expressed condolences to relatives of the victims and said the provincial government would pay compensation of 500,000 Pakistani rupees (about USD 1,800) to the family of each miner killed in the blast.He said authorities would conduct a thorough investigation into the cause of the explosion, and would review mining safety measures.A coal miners' labour union said it suspected negligence led to the explosion and called for action against those responsible. In a statement, the Pakistan Central Mines Labour Federation urged the government to strictly enforce safety regulations and take tough action against companies that violate mine safety laws.Deadly accidents are common in Pakistan's coal mining industry, particularly in Baluchistan, where many mines lack adequate ventilation, gas monitoring systems and other basic safety measures.Mine workers and labour groups have long accused mine owners of failing to enforce safety regulations or provide adequate protective equipment.Despite the risks and low wages, thousands of miners depend on the coal industry for their livelihoods in Baluchistan, Pakistan's largest but least developed province, where unemployment and poverty remain widespread.
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Brent Crude Nears $90 As US-Iran Conflict Puts Oil On Track For Biggest Monthly Gain Since March
INDIA MARKET | Fri, 31 Jul 2026, 6:47AM IST
Brent crude traded above $89 a barrel, while West Texas Intermediate (WTI) hovered near $84 a barrel. The global benchmark has gained more than 23% in July, capping a month marked by sharp volatility.
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Bajaj Finance posts 28% growth in net profit amid healthy loan demand
INDIA MARKET | Fri, 31 Jul 2026, 6:40AM IST
Bajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to 5.47 lakh crore as of June-end. The company added 5.1 million new customers during the quarter. Net interest income rose 23% and net total income increased 22%. Bajaj Finance expects to disburse 60-62 million new loans in FY27.
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1h
Koreas leverage trap has an echo in India
INDIA MARKET | Fri, 31 Jul 2026, 6:34AM IST
Indian brokers are lending large sums to retail investors, creating systemic risk. Retail investors are borrowing heavily to buy stocks at stretched valuations. This margin debt has ballooned significantly, with new-age brokers aggressively competing. Unlike Korea's AI focus, India's debt supports stocks global investors are avoiding. Policymakers face challenges as inflation and a weakening rupee test their resolve.
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Sebi opens faster route for rollout of AIF plans
INDIA MARKET | Fri, 31 Jul 2026, 6:31AM IST
The Securities and Exchange Board of India has introduced a new green channel mechanism. This new framework, called GARUDA, aims to speed up the launch of Alternative Investment Fund schemes. Regular AIF schemes can now be launched ten days after filing their placement memorandum. Accredited investor only funds and large value funds have been granted further flexibility. These changes will allow for quicker introduction of new AIF plans.
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1h
Iraq rejects Trump's claims on US-Saudi strikes
INDIA NEWS | Fri, 31 Jul 2026, 6:29AM IST
Baghdad: Iraq has refuted claims that it had advance knowledge of or authorised recent joint US-Saudi strikes on its soil that resulted in the deaths of at least 20 members of the Iran-backed Popular Mobilisation Forces (PMF).According to Al Jazeera, citing Iraq's state news agency, Prime Minister Mohammed Shia al-Sudhas deferred a scheduled visit to Saudi Arabia in the wake of the military action.Addressing the developments, government spokesperson Haider al-Aboudi stated that Baghdad "has not granted any approval for attacks on specific sites or groups within Iraqi territory" and emphasised that "the government had no prior knowledge of the attacks on Iraqi territory".The official Iraqi response follows assertions by US President Donald Trump that the operations were carried out in coordination with the Iraqi leadership. Baghdad, which issued a formal condemnation of the strikes on Wednesday, has explicitly disputed the US President's statements.Concurrently, Iraq has requested substantiating evidence from Saudi Arabia regarding claims that Iraqi-based, Iran-aligned armed factions initiated drone strikes targeting the kingdom.The Saudi defence ministry reported that drones originating from inside Iraq targeted key infrastructure, as well as the capital, Riyadh, on Monday and Tuesday.However, Sabah al-Numan, spokesperson for the Iraqi Prime Minister, stated that no documentation supporting those allegations has been made available."No party has provided any evidence to substantiate these claims so far," al-Numan told the Iraqi News Agency, as quoted by CNN.Highlighting Baghdad's position on regional security and national integrity, al-Numan reaffirmed that Iraq would prevent non-state actors from launching strikes from its soil while resisting foreign military incursions."The government will not tolerate any unilateral actions originating from within Iraq, while at the same time it will not accept any violation coming from outside its borders," al-Numan said.
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