Global Equities Surge, Adani Leads, BOJ Steadies, Intel & Nvidia Steal Spotlight

Markets across Asia, India, and the U.S. witnessed sharp moves this week, with regulatory actions, central bank policies, and tech-sector shifts driving sentiment. From Adani’s comeback to Nvidia-Intel cooperation, traders are recalibrating strategies in response to evolving opportunities and risks.

Adani Shares Rally as SEBI Clears Allegations

Indian markets witnessed a strong rebound as Adani Group stocks surged after SEBI dismissed allegations raised by short-seller Hindenburg Research. The regulatory relief sent flagship companies higher; Adani Enterprises (+6.9%), Adani Green Energy (+3.8%), and Adani Ports (+2.8%) all rallied, boosting investor sentiment. The development signals renewed confidence in India’s infrastructure giant, potentially attracting fresh flows from both domestic and global investors.

Chinese Chipmakers Extend Gains Amid Nvidia Curbs

In Asia, Chinese semiconductor stocks rallied as Beijing emphasized self-reliance following reports of U.S. restrictions on Nvidia’s AI chip exports. Companies such as SMIC, Hua Hong, and Will Semiconductor posted strong intraday gains, with some hitting the 10% daily limit. The move underscores the strategic importance of AI and semiconductors in China’s industrial policy, while also highlighting ongoing geopolitical friction in the global chip market.

Bank of Japan Holds Rates, ETF Unwind Raises Questions

The Bank of Japan (BoJ) kept interest rates unchanged but outlined plans to gradually reduce its ETF holdings, sparking volatility in Japanese equities. The Nikkei 225 briefly reversed gains, with major corporates like Fast Retailing (-3.5%) and Sony (-2.9%) under pressure. Investors are now questioning which stocks will be most affected by the unwinding of BoJ’s ETF portfolio, with exporters and large-cap tech seen as the most vulnerable.

Intel Soars on Nvidia Investment

On Wall Street, Intel shares surged over 22% after Nvidia disclosed a $5 billion strategic stake, signaling cooperation rather than competition in select AI infrastructure projects. The move reignited optimism around Intel’s turnaround strategy, with ripple effects across the broader chip sector; Lam Research (+3.6%), KLA (+5.7%), and Synopsys (+12.8%) also gained. Meanwhile, the S&P 500 and Nasdaq 100 closed at record highs, supported by tech strength and the Fed’s recent rate cut.

Oil Steady, Gold Glitters, Dollar Finds Footing

Commodities traded mixed as oil prices held flat, weighed by U.S. demand concerns, while gold rose 0.3% as investors hedged against rate-cut uncertainty. The U.S. dollar index steadied, with USD/JPY dipping (-0.36%) as markets recalibrated after BoJ’s announcement.

SGFX Summary

The global markets are entering a dynamic phase where multiple forces are shaping sentiment. Adani’s regulatory relief has reignited investor confidence in Indian equities, paving the way for potential fresh inflows. Meanwhile, Chinese semiconductor stocks continue to rally as the U.S.–China technology rivalry intensifies, keeping the chip sector highly volatile. In Japan, the Bank of Japan’s decision to maintain rates while outlining ETF sales has unsettled large-cap stocks and could reshape the equity landscape in the coming quarters. On Wall Street, Nvidia’s multi-billion-dollar investment in Intel has transformed sentiment in the chip sector, reinforcing AI-driven growth narratives across the technology space. At the same time, commodities remain mixed, with gold benefiting from safe-haven demand and oil struggling to gain momentum, as traders weigh the impact of monetary easing and demand risks.