18 Share Tips – 29th June 2026 - The Bull

• Direct employment generated by recognized Indian startups has reached 23.36 lakh, marking a significant 36.1% year-on-year increase. • The growth highlights a trend toward inclusivity, with nearly 48% of all recognized startups now featuring at least one woman director or partner.

• Kevin Warsh officially succeeded Jerome Powell as the Chair of the Federal Reserve on May 22, becoming the 17th person to hold the position since 1913. • During his first FOMC meeting on June 17, Warsh reduced forward guidance, responding to ongoing pressure from President Donald Trump to implement further rate cuts.

• Investors are focusing on "jobs week" and upcoming economic data, prioritizing forward-looking indicators over lagging reports like factory orders to gauge market direction. • Nike is scheduled to release a pivotal earnings report, serving as a key focal point for analysts before the broader banking sector kicks off the next earnings season.

• India's Goods and Services Tax (GST) marks its 9th anniversary on July 1, with a recent Deloitte Survey indicating near-universal acceptance among businesses as a trusted digital ecosystem. • The number of registered taxpayers has grown significantly, increasing from 66.5 lakh at the time of launch to approximately 1.6 crore by 2026.

• Stock market sentiment this week will be primarily driven by geopolitical tensions in West Asia and the resulting fluctuations in crude oil prices. • Analysts, including Ajit Mishra of Religare Broking Ltd, highlight that domestic factors such as southwest monsoon progress and foreign investor activity will also play key roles.

• U.S. stock markets experienced a decline this week, driven primarily by a significant selloff in the semiconductor and artificial intelligence sectors. • While American markets slid, European markets remained steady and Asian markets showed mixed results, reflecting divergent global investor sentiment.

• India's external balance and monetary policy options have improved due to the RBI's targeted foreign currency liquidity programme and a significant drop in crude oil prices from their April 2026 peak. • These macroeconomic shifts are positively impacting the corporate earnings outlook, contributing to an acquisition spree by industry giants such as Reliance and L&T.

• Ram Singh, Director of the Delhi School of Economics, stated that the easing of conflict in West Asia has reduced the downside risks to India's 6.6% growth forecast. • Growth prospects may be further bolstered by the moderation of El Nino effects and the resolution of ongoing geopolitical uncertainties.

• Former Federal Reserve Chairman Alan Greenspan has passed away at the age of 100. • Kevin Warsh is reportedly taking early steps to reshape the Federal Reserve's approach to mirror the policies and image of Greenspan.

• Benzinga's "Stock Whisper Index" has identified five stocks currently seeing a surge in reader interest, including American Airlines and AMC Entertainment Holdings. • American Airlines is being closely monitored as investors anticipate the release of its second-quarter financial results in July.

• New Federal Reserve Chair Kevin Warsh presided over his first FOMC meeting, where the committee unanimously decided to keep interest rates unchanged at 3.5%-3.75%. • The decision comes as inflation has reached 4.2%, prompting Warsh to issue a clear pledge to prioritize price stability over political pressure for rate cuts.