Indian stocks are on track for their worst start to a year in a decade, piling pressure on Prime Minister Narendra Modi’s administration to deliver fresh catalysts for economic growth in the upcoming budget. Attention is focused on whether the government increases defense spending and speed up share sales in state-run companies to bolster revenues after last year’s income-tax cuts and reductions i...
Indian stocks are on track for their worst start to a year in a decade, piling pressure on Prime Minister Narendra Modi’s administration to deliver fresh catalysts for economic growth in the upcoming budget. Attention is focused on whether the government increases defense spending and speed up share sales in state-run companies to bolster revenues after last year’s income-tax cuts and reductions in consumption levies . Indian markets are under pressure across assets, with stocks, the rupee and bonds all weakening, leaving investors banking on the budget to reset sentiment. Equities are down about 4% this year, with the NSE Nifty 50 Index off to the worst start to a year since 2016. Global funds remain net sellers of shares, while heavy bond issuance continues to weigh on debt markets. Local stocks have wiped out around $360 billion in market value so far this month, according to data compiled by Bloomberg. Read: India Budget to Lift Borrowing to Record, Testing Bond Yields “The budget is likely to aim at stimulating the economy, which means additional measures to boost consumption and push domestic manufacturing,” said Abhishek Banerjee , chief executive of LotusDew Wealth and Investment Advisors. Here’s a look at specific themes and related stocks to watch on Feb. 1: State-run Companies A key theme this year is the government’s push to accelerate share sales in the fiscal year beginning April 1, The administration must reduce its stake in Life Insurance Corp., the country’s largest insurer, to comply with public shareholding norms and has already secured regulatory relief. With the deadline approaching, a stake sale may be considered in the fiscal year ending March 2027. Shares of IDBI Bank Ltd. are also likely to be in focus as its long-delayed divestment gathers pace. Defense India’s push to expand domestic defense manufacturing is creating clear local winners. The NSE’s defense index has more than tripled over the past three years, supported by a sector budget n...
China's Largest Oil Producer Suspends Purchases Of Venezuela Oil Chinese state-owned giant PetroChina, Asia's largest oil and gas producer, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019, is not too keen to start buying again after the U.S. authorized global traders to market the crude from the world’s biggest reserves holder, OilPrice reports . PetroChi...
China's Largest Oil Producer Suspends Purchases Of Venezuela Oil Chinese state-owned giant PetroChina, Asia's largest oil and gas producer, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019, is not too keen to start buying again after the U.S. authorized global traders to market the crude from the world’s biggest reserves holder, OilPrice reports . PetroChina has told traders not to buy or trade Venezuela’s oil - a trade that is now under U.S. control after the capture of Nicolas Maduro, trading sources with knowledge of the matter told Reuters on Tuesday. The Chinese oil and gas giant stopped imports of Venezuelan crude in 2019, when the first Trump Administration slapped sanctions on Venezuela’s oil sector, for fear of running afoul of the restrictions. Before the 2019 sanctions, PetroChina was the single biggest buyer of crude from Venezuela. Now PetroChina is refraining from buying crude marketed by the world’s top oil trading houses – with U.S. blessing – as it assesses the situation, according to Reuters’ sources. One reason is the concern that the U.S. controls the oil from Venezuela, another is that the offers aren’t competitive compared to other supplies of heavy crude, including from Canada, the sources told the publication. The discount of Venezuela’s flagship crude grade Merey relative to Brent has narrowed by about $10 per barrel since the ousting of Maduro. Vitol, the world’s biggest independent oil trader, is offering Venezuelan crude to Chinese refiners at a discount that’s three times narrower compared to the illicit sales from Venezuela before Maduro’s ousting, anonymous traders with knowledge of the development told Bloomberg last week. Vitol has recently offered cargoes of Venezuela’s flagship Merey heavy sour crude grade to China at a discount of $5 per barrel to ICE Brent , according to Bloomberg’s sources. This compares with a discount as wide as $15 a barrel to ICE Brent on a delivered basis before the...
Wall Street firms are buying Tesla stock amid the company's robotaxi rollout. Wall Street's big money clearly views Tesla (TSLA 0.99%) as much more than a car company. As of the holdings disclosures filed for the period ending on Sept. 30, 2025, major firms including Vanguard, State Street, and BlackRock were buying more Tesla shares. Data from Fintel.oi shows that institutional share ownership of...
Wall Street firms are buying Tesla stock amid the company's robotaxi rollout. Wall Street's big money clearly views Tesla (TSLA 0.99%) as much more than a car company. As of the holdings disclosures filed for the period ending on Sept. 30, 2025, major firms including Vanguard, State Street, and BlackRock were buying more Tesla shares. Data from Fintel.oi shows that institutional share ownership of the stock has steadily increased since the end of 2022. Even CEO Elon Musk bought roughly $1 billion of Tesla stock in September at share prices ranging from $372 to $396. The timing of all these buys is telling, as Tesla hits important milestones in ramping up its robotaxi service. Big money is betting on Tesla's AI Tesla has been operating a small fleet of robotaxis in Austin and San Francisco since the middle of last year. Until recently, these rides included a human safety monitor in the vehicle to take over if the car made a wrong move. But Tesla apparently has accumulated enough data to feel confident that its self-driving cars are safe, as it has just started offering unsupervised rides in Austin. In fact, Tesla's robotaxis might already be safer than human drivers. Digital insurer Lemonade recently announced it would lower insurance rates for Tesla owners, citing data that Tesla's full self-driving (FSD) feature reduces accident rates. These developments could clear the way for Tesla to obtain regulatory clearance to expand its fleet in 2026. Expand NASDAQ : TSLA Tesla Today's Change ( -0.99 %) $ -4.32 Current Price $ 430.88 Key Data Points Market Cap $1.4T Day's Range $ 430.69 - $ 437.48 52wk Range $ 214.25 - $ 498.83 Volume 1.1M Avg Vol 76M Gross Margin 17.01 % Wall Street pros also might like Tesla's transition to a recurring revenue model. Starting Feb. 14, it will only offer the FSD add-on for its electric cars via a monthly subscription. The company plans to increase subscription fees over time as FSD improves, signaling its focus on high-margin services to d...
Key Points Tesla has started offering unsupervised robotaxi rides in Austin, Texas. Its emphasis on building recurring revenue streams from robotaxis and subscriptions is expected to drive strong earnings growth. These 10 stocks could mint the next wave of millionaires › Wall Street's big money clearly views Tesla (NASDAQ: TSLA) as much more than a car company. As of the holdings disclosures filed...
Key Points Tesla has started offering unsupervised robotaxi rides in Austin, Texas. Its emphasis on building recurring revenue streams from robotaxis and subscriptions is expected to drive strong earnings growth. These 10 stocks could mint the next wave of millionaires › Wall Street's big money clearly views Tesla (NASDAQ: TSLA) as much more than a car company. As of the holdings disclosures filed for the period ending on Sept. 30, 2025, major firms including Vanguard, State Street, and BlackRock were buying more Tesla shares. Data from Fintel.oi shows that institutional share ownership of the stock has steadily increased since the end of 2022. Even CEO Elon Musk bought roughly $1 billion of Tesla stock in September at share prices ranging from $372 to $396. The timing of all these buys is telling, as Tesla hits important milestones in ramping up its robotaxi service. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Big money is betting on Tesla's AI Tesla has been operating a small fleet of robotaxis in Austin and San Francisco since the middle of last year. Until recently, these rides included a human safety monitor in the vehicle to take over if the car made a wrong move. But Tesla apparently has accumulated enough data to feel confident that its self-driving cars are safe, as it has just started offering unsupervised rides in Austin. In fact, Tesla's robotaxis might already be safer than human drivers. Digital insurer Lemonade recently announced it would lower insurance rates for Tesla owners, citing data that Tesla's full self-driving (FSD) feature reduces accident rates. These developments could clear the way for Tesla to obtain regulatory clearance to expand its fleet in 2026. Wall Street pros also might like Tesla's transition to a recurring revenue model. Starting Feb. 14, it will only offer the FSD add-on for its electric cars via a mont...