News Overview

Ahead of the expected $2 trillion SpaceX IPO, Nasdaq has reportedly introduced significant changes to its index eligibility framework, including faster inclusion timelines, revised free-float requirements, and updated weighting methodologies. These adjustments could reshape how large newly listed companies enter major benchmark indices and influence passive investment flows across global markets

The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.

MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.

TCS faces mixed investor sentiment after reportedly losing part of its Royal Bank of Canada mandate while winning a multi-million-dollar AI transformation contract with SKF. Here's what the developments mean for TCS shareholders and future growth prospects.

Netweb Technologies rallied 14% after CRISIL upgraded its long-term credit rating to A+/Stable. The upgrade highlights strong revenue growth, expanding AI infrastructure opportunities, a robust ₹2,400 crore order pipeline, and healthy liquidity, while investors continue to monitor margins and working capital trends.

Ola Electric has received regulatory approval for a new commercial electric scooter, paving the way for its entry into India's rapidly expanding fleet mobility market. The move could unlock a new growth avenue through delivery, logistics, and fleet operator demand.

Benchmark indices ended range-bound on May 27, 2026, with Nifty and Sensex closing marginally lower amid profit booking, geopolitical concerns, and weakness in financial stocks led by HDFC Bank. Strong gains in metal, media, energy, and auto stocks helped limit market losses despite cautious investor sentiment.

Cummins India hit a fresh 52-week high after delivering its strongest-ever FY26 performance. Revenue, profit and margins expanded sharply, while Q4 earnings comfortably beat analyst expectations amid strong infrastructure and industrial demand.

Suzlon Energy posted strong Q4FY26 earnings with sharp growth in revenue, EBITDA, and profit before tax. Improved project deliveries, a robust order book, and signs of easing execution bottlenecks strengthened optimism around India’s wind energy sector.

Taiwan sits at the centre of one of the most dangerous geopolitical flashpoints in modern history. From the unresolved Chinese Civil War to semiconductor supremacy and the strategic battle for Pacific dominance, the Taiwan question now shapes the future of global trade, technology, military power, and economic stability. This detailed analysis explores why Taiwan matters not only to China and the United States, but also to India and the wider world.