equities

Indian equity markets fell sharply after the Reserve Bank of India raised the repo rate, erasing over Rs 10 lakh crore of investor wealth, with both NSE and BSE seeing heavy selling. Attention is also on new listings: SRIT India and Shah Investors shares made premium debuts, while analysts weighed NSE versus BSE shares ahead of quarterly results. Clastek Engineering filed its DRHP with NSE Emerge, keeping IPO activity in focus.

Reuters columnist Jamie McGeever presents five charts he argues show US equity markets are stretched and flashing warning signs. The commentary flags stretched valuations, concentrated leadership and other indicators suggesting investors may be underestimating risk. It is aimed at prompting investors and analysts to reassess whether the market rally can be sustained.

ProPublica reports that a private-equity executive joined a top Pentagon role with a mandate to help secure weapons contracts and critical minerals for the Department of Defense. After he took the job, a firm he has ties to began winning major military contracts, raising questions about potential conflicts of interest at the heart of US defense procurement.

Financial Times columnist Katie Martin argues that global stock markets have become dependent on an AI investment build-out that is, in practical terms, nearly impossible to hedge or avoid. She warns that the long-term economic implications are poorly understood while the underlying commercial assumptions behind the spending boom appear overly optimistic, leaving investors with little way to escape the exposure.

Bitcoin dropped below $81,000, triggering a wave of forced liquidations across crypto markets worth nearly $1 billion. The sell-off dragged down crypto-linked stocks alongside AI infrastructure plays, reinforcing the growing correlation between digital assets and technology equities. Traders are watching to see whether the slide deepens or stabilizes as leveraged positions unwind.

Indian stock markets fell sharply, with the BSE Sensex dropping over 900 points and the Nifty 50 sinking below 22,300, wiping out roughly Rs 10 lakh crore in investor wealth. Commentators point to rising crude oil prices, a cautious tone from the Reserve Bank of India, and broader global jitters as the main drivers of the selloff, with attention now turning to what will steer the next session.

Singapore's STI index opened lower as rising oil prices stoked inflation fears among investors. Yahoo Finance Singapore reported that energy cost pressures weighed on sentiment at the open, with markets watching whether higher crude prices feed through to broader inflation and prompt a tighter monetary stance.

S&P 500 and Dow Jones futures declined as the Pentagon prepares for a potential military strike, unsettling investors. Traders moved away from risk assets amid heightened geopolitical uncertainty, with markets watching closely for developments in Washington. Rising tensions between the US Defense Department and an undisclosed target are weighing on sentiment heading into the next trading session.

US equities are set to extend their pullback from record highs, with stock futures pointing lower this morning. Attention is also on the bond market, where the 10-year Treasury yield has climbed to 5.34%. Analysts at BMO flagged the combination of falling stocks and rising yields as the key development for traders to watch.

Indian stock markets opened lower, with the Sensex among the indices declining in early trade. Reports attribute the drop to the Reserve Bank of India signalling more monetary tightening, alongside rising oil prices and a weakening rupee. Investors are watching closely for further policy cues from the central bank.

Indian equities fell sharply after the Reserve Bank of India raised the repo rate, erasing over Rs 10 lakh crore of investors' wealth. Traders are tracking GIFT Nifty, which indicates how Indian index futures are trading before the domestic market opens, as a gauge of the mood for the next session.

Small-cap stocks fell sharply as bond yields surged, according to the Wall Street Journal. Smaller companies are typically more sensitive to higher borrowing costs, making them vulnerable when rates expectations rise. Investors are weighing what the yield climb means for riskier parts of the equity market, with smaller firms seen as most exposed to tighter financial conditions.

US stock markets are down, with the Dow, S&P 500 and Nasdaq all declining after a recent rally in technology shares. Yahoo Finance reports the pullback comes as bond yields and oil prices rise, pressuring equity valuations. Investors are watching interest-rate expectations and energy costs closely for clues on where markets head next.

The US budget deficit has climbed to nearly $2 trillion, with interest costs exceeding $1.1 trillion. Rising yields on US Treasury bonds are putting pressure on risk assets, with commentators noting the strain is also weighing on the S&P 500 and Bitcoin as investors watch Washington's fiscal trajectory.

9News Australia reports that young Australians are stuck owing more on homes and assets than they are worth as prices decline, leaving a generation carrying debt on falling property values. The story highlights how buyers who entered the market at peak prices now face negative equity and financial strain.