Abakkus Mutual Fund's study highlights Large & Mid Cap Funds as an appealing investment option amid improving earnings and reasonable valuations. The market correction has created entry points for long-term investors, suggesting the potential for stock prices to align with earnings growth.

SK Hynix debuted strongly on Nasdaq, raising $26.5 billion, with shares up 13%. Despite recent semiconductor stock volatility, demand for AI infrastructure drives memory chip prices higher, reflecting strong investor interest in such companies.

The SBI Funds Management IPO opens for subscription from July 14 to 16, 2026, with share allotments finalized on July 17. Kotak Mahindra is the lead manager. SBI completed a pre-IPO share transfer to 30 investors, raising ₹1,655 crore, progressing towards the IPO's launch.

According to Christopher Wood of Jefferies, AI-linked stock momentum is waning as investors discuss 'AI fatigue.' The firm prefers India's undervalued market over overhyped AI stocks, while remaining positive on the long-term AI investment cycle and memory chip manufacturers as beneficiaries.

The Indian stock market saw significant gains on July 10, with Sensex up 1.08% and Nifty 50 rising 1.02%. Investor confidence grew from strong earnings reports and positive international developments, despite a minor weekly dip in indices after four weeks of gains.