Ranjeet Singh

Indian benchmarks slipped for a seventh straight session on Wednesday as crude oil near $92 a barrel and a global semiconductor selloff kept buyers on the sidelines — the Nifty ended at 24,078 and the Sensex at 76,910, both modestly lower. How India closed The Nifty 50 settled at 24,078.30, down 76.60 points (0.32%), while the Sensex fell 325.78 points (0.42%) to 76,909.68, as reported by Business Standard. It was the Nifty's seventh losing session in a row — its worst run since September 2025. IT was the lone bright spot; the broader tape stayed soft. Sectors & movers Nifty IT led the gainers, with HCL Tech, Infosys and Tech Mahindra advanci…

Oil holding near $93 keeps energy costs sticky even after the tariff pause headline. That extra price is the market's way of pricing in supply risk from Middle East tensions, and it shows up downstream faster than most headlines suggest. Why the price stays firm Brent near $93 and WTI around $85.80 reflect a persistent risk premium — the extra dollars buyers pay when they fear barrels might disappear. The tariff pause news took some heat out of the trade story, but it didn't touch the physical supply worries, so the premium hasn't faded. Who feels it first Energy producers and refiners tend to benefit as margins expand with the higher price.…

Micron closed down about 7% on Tuesday, near $941 — the hardest hit of the memory names, one day after it had risen ~5% on a Musk comment about a memory bottleneck. This was a snap reversal, and the reason isn't what most people assume. There was no memory-specific bad news. Micron walked into Tuesday up roughly 255% year-to-date and ~18% on the week — the single most-stretched name in the most-crowded corner of the market. So when a scare hit, it had the most air to let out. The actual trigger — two separate things, kept separate 1) A WSJ report on Big Tech's hidden AI bill. The Journal totted up footnotes across nine large tech firms and fo…

The price-to-earnings (P/E) ratio is the single most-quoted number in investing, and it answers one simple question: how much are you paying for every ₹1 (or $1) of a company's annual profit? You calculate it by dividing the share price by the earnings per share (EPS). A stock trading at $50 with EPS of $2.50 has a P/E of 20 — meaning investors are paying $20 for each $1 the company earns in a year. This guide breaks down exactly what the P/E ratio is, how to calculate it, the difference between trailing and forward P/E, the earnings yield and PEG ratio, when the number is misleading, and how to actually use it without getting fooled. What th…

ICICI Bank told the stock exchanges on 18 August 2026 that it has priced US$750 million of 5-year "senior unsecured" bonds aimed at overseas investors, carrying a fixed interest rate of 5.417% . Separately, the bank's board meets on 21 August 2026 to consider raising its overall limit for borrowing abroad. In plain English: India's second-largest private bank is borrowing dollars from global lenders, and wants room to borrow more. What was announced Two linked things: The bond itself. ICICI Bank, acting through its IFSC Banking Unit at GIFT City (India's international finance hub in Gujarat), priced US$750 million of Senior Unsecured…

A stock that got hammered on Monday roared back today, and the reason isn't a new order or a results beat. It's one famous investor's name showing up in the exchange's bulk-deal data. Here's the full picture, because the bounce and the business are telling two different stories. What happened Zaggle Prepaid Ocean Services jumped as much as 18% to an intraday high of ₹195.70 on the NSE, against Tuesday's close of ₹165.85 , as reported by Business Today. Business Standard clocked the move at roughly 17% to ₹194.70 on very heavy volume — about 10.6 million shares changed hands in the first 12 minutes of trade. This is a sharp snap-back: only two…

Coming up today (Wed, Aug 19): the latest FOMC meeting minutes, Target's fiscal Q2 results, UK CPI for July, and weekly EIA crude inventories. → Full calendar: https://marketchacha.com/calendar

Micron fell about 6% on Tuesday and it wasn't company news. SanDisk dropped 8.3% and Coherent 12% in the same session, with Nvidia down 2.3%. The common thread: long-dated Treasury yields rose and investors took profits across AI-linked hardware, where the highest-multiple trades get hit first. We log a verified reason for every big mover, cross-checked to sources: → Why it moved: https://marketchacha.com/movers

South Korea's KOSPI fell 5.2% to 6,515.97 in Wednesday trade — the sharpest drop in the region — and this one has two names written all over it. Samsung Electronics dropped 6.9% and SK Hynix tumbled 7.9%. Those are the KOSPI's two heaviest constituents (together well over a quarter of the whole index), so two ~7% falls in stocks that size mechanically deliver most of a 5% index move by themselves — the other 200-plus names barely had to show up. What actually hit them This is Wall Street's AI-chip selloff crossing the Pacific. On Tuesday the Nasdaq sank 1.3% as the memory-and-AI complex led lower: Micron fell about 7% — one of the single heav…

L&T Technology Services (LTTS) told the stock exchanges that it has won a "landmark" engineering contract worth more than $75 million from a leading global technology enterprise. In plain terms: a big new multi-year customer just handed LTTS a large chunk of guaranteed engineering work. What was announced According to LTTS's own filing (dated 19 August 2026), the deal is a 5-year engagement in which LTTS will deploy its "Engineering Intelligence" capabilities across the client's full product development and engineering lifecycle. LTTS will also set up a dedicated Engineering Center to serve this client's global product portfol…