Sensex Today | Nifty 50 | Stock Market Live Updates

Earnings of most listed brokerage firms remained under pressure in the June quarter as subdued activity in equity derivatives and a reversal in the gold and silver rally impacted revenue growth. The slowdown in trading volumes, particularly in derivatives, along with weaker performance of.

The company has also kept an option to increase the size of the issue depending on investor demand. The fundraise is aimed at strengthening the company’s capital base and supporting its future growth plans.

What Happened

The blockbuster listing came despite a broader selloff in global technology stocks, highlighting strong investor appetite for China’s domestic semiconductor sector and optimism around the country’s push for chip self-reliance. The sharp fall reflects muted investor appetite for newly launched mutual fund.

• Adani Energy Solutions on Monday launched a qualified institutional placement (QIP) to raise ₹3,500 crore, according to exchange filings.

• Shares of CXMT Corp surged 466% in their Shanghai debut on Monday, following Asia’s biggest IPO of the year, sending the memory chipmaker’s valuation soaring to the top of China’s stock market rankings.

• Funds raised by asset management companies (AMCs) through new fund offers (NFOs) continued their downward trend in the June 2026 quarter, marking the sixth consecutive quarter of year-on-year decline.

Key Details

The US dollar held near a one-month high on Tuesday as traders assessed the possibility of a surprise interest rate hike by the Federal Reserve at its upcoming policy meeting. While the chances of a rate increase remained limited, the prospect continued.

• NFO collections fell to a five-year low of ₹1,759 crore, down 73% from ₹6,506 crore in the same period a year ago, according to data from the Association of Mutual Funds in India (AMFI).

• On a sequential basis, collections also declined for the third straight quarter, plunging 83.5% from ₹10,661 crore in the previous quarter.

• Meanwhile, crude oil prices extended their recent decline, adding to the cautious mood across regional markets.

Why It Matters

Meanwhile, a decline in crude oil prices helped ease some inflation concerns, adding uncertainty to the outlook for the Fed’s future policy path. Gold prices edged lower on Tuesday as a stronger US dollar weighed on demand for the precious metal.

• Chipmakers came under pressure amid concerns over the sustainability of AI-related investments, weighing on broader market sentiment.

• Asian equities declined as renewed worries over artificial intelligence spending triggered another selloff in semiconductor stocks.

What Reports Say

Coverage of the story so far points to:

• Continued reporting by The Economic Times as more details emerge