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Nifty 50 EPS Cuts: Cipla, L&T, Adani Enterprises & Adani Ports Among 31 Downgraded Stocks in FY27 Forecast
Earnings expectations for India’s top companies are facing fresh pressure. In May 2026, analysts lowered FY27 earnings-per-share (EPS) forecasts for 31 of the 50 companies in the Nifty 50 index, highlighting growing concerns about profit growth across key sectors. Major names such as Cipla, L&T, Adani Enterprises, and Adani Ports were among those affected. The…
Hang Seng Index Eyes 28,000 as Analysts Favor AI and Healthcare
Everbright Securities targets Hang Seng Index at 28,000 points in H2 2026, favoring AI, healthcare, and consumer stocks amid China’s policy support.
Wockhardt Shares Fall Over 8% as Investors Book Profits After 50% Rally
Shares of Wockhardt saw a sharp fall of over 8% in recent trading. The drop came right after a strong rally of nearly 50% in just a few sessions. We are seeing a classic market move here. Fast gains. Then, quick profit booking. No major negative news triggered the fall. Instead, investors simply locked in…
Swiss SMI Drops 1.75% on Iran Tensions, Pharma Stocks Fall
Swiss SMI index fell 1.75% to 13,305.40 on June 1 amid U.S.-Iran tensions. Pharma stocks dropped over 3% despite strong retail sales.
Nifty 50 Falls 1.5% on Monsoon Concerns and MSCI Rebalancing, May 30
Nifty 50 falls 1.5% to 23,547 on May 29 amid monsoon concerns, MSCI rebalancing, and profit-taking after April’s 7.5% surge. Sensex down 1.44%.
India’s Stock Market Falls 1.5% on Monsoon Fears and Iran Tensions, May 30
NSE Nifty fell 1.5% to 23,547.75 and BSE Sensex dropped 1.44% to 74,775.74 on May 29 amid monsoon concerns, FII selling, and MSCI rebalancing.
Weekly Market Wrap: NIFTY50 Gains 0.3%, SENSEX Ends Higher; Grasim Industries and Wipro Lead Rally
The NIFTY50 ended the week on a mildly positive note, gaining 0.3% in the week ended Friday, May 22, 2026. The index added 75.80 points and closed at 23,719.30. The BSE SENSEX also moved higher, rising 0.24% or 177.36 points to settle at 75,415.35. These gains were modest, but they mattered because the broader market…
Innate Pharma Stock Tumbles 16.3% as Biotech Faces Clinical Trial Headwinds
IPH.PA stock drops 16.3% to €1.64 on EURONEXT. Innate Pharma faces clinical trial delays and cash burn concerns in oncology pipeline.
BetterLife Pharma Inc. Stock Drops 7.7% as BETR.CN Faces Earnings Test
BETR.CN stock falls 7.7% to C$0.06 ahead of May 27 earnings. Biotech firm develops neurological disorder treatments.