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Two Trades for Today: A realty major for a 9.1% upmove, a mid-cap battery maker’s stock for a rise of almost 6%
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
Alkem Laboratories promoters sell 1.5% stake for Rs 930 crore
The shares were disposed of at an average price of Rs 5,200 apiece, taking the transaction value to Rs 929.87 crore.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained 382 points and Nifty closed above 23,480, while investors tracked monsoon progress, inflation trends, RBI policy outlook and liquidity conditions.
Market Trading Guide: Parag Milk among two stock recommendations for Wednesday
Benchmark indices ended a volatile session near the 23,500 mark as buying emerged from key support levels. Analysts have recommended Chennai Petroleum and Parag Milk Foods for Wednesday, citing strong bullish breakouts, rising volumes, favorable moving average alignment and improving technical momentum.
India wants protection from US Section 301 before trade deal. What is it?
As India and the US move closer to a trade agreement, New Delhi is seeking safeguards against potential tariffs under Section 301 of the US Trade Act. Here's what the law allows, and why India is under the lens
US job openings climb to 7.62 million, highest in nearly two years as layoffs ease
US job openings rose to 7.62 million in April, the highest in nearly two years, while hires fell, layoffs eased, quits hit a low, and Fed rate cut timing remains in focus
Centre tightens silver import rules as purchases hit record highs
The Centre has expanded restrictions on silver imports, requiring prior approval for more categories of silver products amid a sharp rise in overseas purchases.
Dow edges up, S&P 500 and Nasdaq ease as Alphabet weighs on tech
US stocks traded mixed as a sharp decline in Alphabet weighed on technology shares, dragging the Nasdaq lower despite gains in AI-linked stocks such as Nvidia and Hewlett Packard Enterprise. Investors also monitored conflicting signals on US-Iran talks, which kept broader market sentiment cautious.
Trade Setup for June 3: Nifty holds key support but overall trend remains choppy
The Nifty is likely to remain range-bound in the near term amid global macro uncertainties and continued foreign institutional investor outflows.
Advait Energy arm signs battery energy storage pact with Gujarat Urja Vikas Nigam
The agreement is for the development of a standalone battery energy storage system (BESS) project with an aggregate capacity of 150 MW/300 MWh. Shares of Advait Energy Transitions Ltd ended at ₹1,975, up by ₹30.95, or 1.59%, on the BSE today, June 2.
Stocks to Watch for June 3: Canara Bank, Adani Ports, John Cockerill, Concord Biotech and more
Adani Ports cargo up 15%, rail volumes down 19 percent, Canara Bank to raise ₹8500 crore via bonds, Concord Biotech gets US FDA nod, Dhanuka Agritech starts buyback. Here are few stocks to track ahead of Wednesday trading session.
Dhanuka Agritech buyback: Sixth share repurchase to open on June 4
Dhanuka Agritech’s ₹70 crore share buyback will open on June 4 and close on June 10. The company will repurchase up to 5 lakh shares at ₹1,400 apiece, offering a premium to the prevailing market price.
Govt begins search for 2 whole-time Sebi members; invites applications
The Sebi board comprises a chairman, four full-time members and four part-time members. Currently, there are four whole-time members (WTMs), including Kamlesh Chandra Varshney, Amarjeet Singh, Sandip Pradhan and KVR Murty. Varshney and Singh will complete their three-year tenure in September, although they are eligible for reappointment since the upper age limit for a Sebi WTM is 65 years.
NHPC OFS subscribed 3.47 times on day 1; govt to exercise full green shoe option
The sale of over 60.27 crore shares, representing a 6% stake at a floor price of ₹71 a share, would fetch about ₹4,200 crore to the exchequer. This will be the third OFS of a PSU in the current fiscal year. Shares of NHPC Ltd ended at ₹72.28, down by ₹4.91, or 6.36%, on the BSE today, June 2.
John Cockerill India, subsidiary win order worth up to 1,300 cr from JSW Vijayanagar
The aggregate contract value is estimated at ₹1,250-1,300 crore. Shares of John Cockerill India Ltd ended at ₹7,594.40, up by ₹37.50, or 0.50%, on the BSE today, June 2.
Canara Bank board approves ₹8,500 crore fundraising plan for FY27
Canara Bank’s board has approved an ₹8,500 crore fundraising plan for FY27 through Basel III-compliant AT1 and Tier II bonds, aimed at strengthening capital buffers and supporting future growth.
HFCL, Acme Solar Holdings among 6 stocks that hit 52-week high; rally up to 64% in a month
Benchmark Sensex climbed 382 points to settle at 74,649 on Tuesday. Amid the broader market rally, six stocks from the BSE 500 index scaled their 52-week highs, reaching their highest levels in the past year. Traders and investors widely view such breakouts as bullish signals, reflecting strong buying momentum and indicating the potential for further upside.
ED raids Vedanta Group premises over alleged forex violations; company says ‘fully cooperating’
Enforcement Directorate searches Vedanta locations under FEMA provisions; mining major says it remains committed to compliance with all laws and regulations
Concord Enviro Systems arm bags ₹16-cr order for zero liquid discharge systems
The company said the order has been awarded by a domestic entity and will be executed over a period of 28 weeks. Shares of Concord Enviro Systems Ltd ended at ₹257.30, down by ₹15.85, or 5.80%, on the BSE today, June 2.
NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe option
The government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
OYO parent PRISM secures SEBI nod for IPO, sources say
OYO parent PRISM has received SEBI’s approval for its proposed IPO, sources told CNBC-TV18. The company is now preparing its updated filing while assessing market conditions and listing timelines.
Half of South Korea’s stock market value rests on just two companies
South Korea has overtaken India as the world’s sixth-largest equity market, driven by a powerful rally in AI-linked semiconductor stocks. The shift highlights growing investor concentration in chipmakers, while India’s market remains broader and more diversified.
Concord Biotech gets FDA nod for immunosuppressant mycophenolate mofetil
Mycophenolate mofetil is an antimetabolite immunosuppressant indicated for the prophylaxis of organ rejection in adult and paediatric recipients aged three months and older of allogeneic kidney, heart or liver transplants, in combination with other immunosuppressants. Shares of Concord Biotech Ltd ended at ₹1,166.80, up by ₹106.20, or 10.01%, on the BSE today, June 2.
Volatility as opportunity, depends on framework of mind: 5 mid-caps from different sectors with upside potential of up to 31%
The Indian stock market is no longer correcting only because of sentiment. It is now adjusting to the possibility of weaker numbers in the next few quarters. So, portfolio values may decline further. But for long-term investors, the question is not whether prices can fall in the short term. Yes, they can. The question is: Can this decline be used to buy better businesses at saner valuations?
Adani Ports May Update: Cargo volumes up 16%, logistics rail volumes slides 19% YoY
Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,816.00, up by ₹32.75, or 1.84%, on the BSE.
Bitcoin falls to two-month low as Strategy sale, West Asia risks weigh
Bitcoin fell to its lowest level since early April after top corporate holder Strategy sold a portion of its holdings and escalating West Asia tensions dampened risk appetite. Continued ETF outflows and uncertainty over US-Iran relations further pressured the cryptocurrency market.
BofA sees domestic growth, Semaglutide opportunity driving pharma in FY27
Neha Manpuria, Senior Analyst - Pharma, Healthcare at BofA Global Research, says semaglutide launches could emerge as a key growth driver for Indian pharma companies in FY27.
India slips to seventh in global market cap rankings as South Korea pulls ahead
South Korean stocks have rallied this year, driven by AI chipmakers, which have lifted the combined value of companies listed on the KOSPI, KOSDAQ and KONEX to $5.01 trillion, surpassing the $4.85 trillion value of firms on India’s National Stock Exchange, exchange data showed.
Infosys expands partnership with Norway’s DNB Bank for AI-led financial crime platform modernisation
Shares of Infosys Ltd ended at ₹1,270.75, up by ₹68.05, or 5.66%, on the BSE.
Copper rises to ₹1,377 per kg in futures trade amid firm trend
Copper prices rose ₹11.95 to ₹1,377.75 per kilogram in futures trade on Tuesday, tracking firm trends in the international markets.
AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA Securities
AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating a larger market. While enterprise adoption is nascent, technology modernization and AI integration will drive growth. Separately, India's residential real estate, particularly luxury housing, shows strong potential, with developers expected to manage rising costs.
Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine
Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including heavyweight TCS, Infosys, HCL Tech and Tech Mahindra.
Alkem launches India’s first ready-to-use semaglutide syringe for diabetes and weight loss from ₹350
The launch comes as India grapples with rising diabetes and obesity cases, offering patients another treatment option designed to improve long-term adherence.
Sensex, Nifty snap 4-day losing streak; benchmark indices recover over 1% from intraday lows
The Sensex rose 383 points to close at 74,650, while the Nifty gained 101 points to end at 23,484. The market recovered more than 1% from the day’s lows during intraday trade. The Nifty traded above the 23,500 mark during the session.
‘Pay employees as much as possible… I do’: Nvidia boss Jensen Huang ahead of South Korea visit
Nvidia CEO Jensen Huang said companies should pay employees "as much as possible" as AI-fuelled profits soar, ahead of a visit to South Korea where Samsung recently agreed to hefty bonuses for chip workers
Rupee may weaken towards 98 as oil and US yields pressure EMs: David Hauner of BofA Securities
David Hauner, Head-Global EM Fixed Income Strategy at BofA Securities, remains structurally bullish on emerging markets over the long term despite near-term headwinds. He expects oil prices to ease, the US dollar to weaken and capital flows to gradually return to emerging market assets next year.
Vodafone Idea share price: Citi removes ‘High Risk’ rating, sees up to 22% upside potential; here’s why
Vodafone Idea shares have seen significant gains. Citi has upgraded its rating to 'Buy' and set a new target price. This positive outlook is driven by government relief on AGR dues and improved investor confidence. The company is also planning substantial network investments to boost its 4G and 5G services.
TCS shares soar 7%, up nearly 10% in just two sessions! What are technical charts indicating?
TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of underperformance. The rally was driven by optimism around AI-related opportunities and attractive valuations following a sharp sector-wide selloff. Analysts at Nuvama believe the IT sector is poised for a comeback rather than a collapse, helping boost sentiment toward large-cap IT stocks.
ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators
Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over or if more is expected. Registrations are open.
Indian firms beat fourth-quarter estimates, but Iran war dims outlook
Indian companies posted a surprise earnings beat for the three months ended March, as domestic activity hummed along boosted by consumption tax cuts and easy monetary policy, but the Iran war-led energy shock is expected to weigh on profitability.
Infosys shares jump 6%, rally 10% in 3 days as IT stocks shine. More upside ahead?
Infosys shares have rallied sharply, rising nearly 10% in three days as investors reassess valuations following a steep AI-driven correction in IT stocks. Analysts see improving technical indicators and recovering sentiment, though they caution that a sustained uptrend will depend on stronger AI-led revenue growth, deal wins and broader sector demand recovery.
Why is Bitcoin down today? Iran-US tensions, ETF outflows and Strategy sale weigh on BTC
Bitcoin slipped towards the key $70,000 level as rising Iran-US tensions, continued ETF outflows and Strategy's first Bitcoin sale in years weighed on investor sentiment. Analysts warn a break below support could trigger further downside, even as whale investors continue accumulating BTC
Balaji Amines shares snap four-day losing streak, surge nearly 18% to hit 52-week high
Balaji Amines shares have generally delivered positive returns in the month of June. The stock has gained between 10% to 30% this month over the last three years.
2 top stock recommendations by Vinay Rajani
Indian stock markets are cautious. The Nifty is losing support levels, indicating a bearish trend. Midcap and smallcap stocks are also seeing profit booking. IT and metals sectors show relative strength. Analysts suggest selective long opportunities in IT, like LTIMindtree, and shorting PSU banks such as Bank of India.
Why Trideep Bhattacharya is betting on financials and energy despite global uncertainty
Indian equity markets face near-term pressure from the West Asia conflict. Corporate earnings remain resilient, though FY27 estimates may see modest downgrades. The June quarter is expected to be challenging. Financials are an attractive sector with accelerating credit growth. Long-term opportunities lie in capital goods, renewable energy, and energy transition themes.
Vodafone Idea shares rise after second upgrade in rating and outlook within a week
Vodafone Idea informed the exchanges that ICRA has upgraded its credit rating and revised the outlook assigned to 'stable' from its previous rating and outlook of BBB/(Positive).
Metals rally largely priced in, limited upside seen after strong cyclical run: Sandip Sabharwal
Market expert Sandip Sabharwal advises caution, seeing stock-specific chances but limited broad market conviction. He notes Wockhardt's approval offers innovation value but is largely priced in. IT stocks are trading plays with potential rebounds, while autos show resilience. Metals face limited upside, and macro risks loom over largecaps like ICICI Bank and L&T.
Intellect Design shares gain 3% on UK-Europe digital banking platform launch
Intellect Design Arena launched an AI-native digital banking platform for challenger banks in the UK and Europe, aiming to help new entrants launch operations within months while embedding automation, compliance and customer personalisation from the outset.
South Korea becomes world's sixth-largest stock market as AI rally lifts valuation to $5 trillion: Report
South Korea has become the world's sixth-largest stock market as an AI-driven semiconductor rally pushed the combined value of listed companies to $5 trillion
Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowess
South Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India faces headwinds from a weakening rupee and lack of AI exposure. Despite current challenges, Morgan Stanley remains optimistic about India's long-term growth prospects, citing improving earnings and macro support.
BofA prefers oil producers over refiners as crude prices stay elevated
Bharat Subramanian, Senior Analyst (Energy) at BofA Global Research, expects oil marketing companies to report negative marketing margins during the current year.
Stocks To Buy: The one key trigger that can take this railway stock higher by 36%
Titagarh Rail is a near-consensus buy recommendation among the 12 analysts who track it, as 11 of them have a "buy" rating. The other one has a "hold" recommendation with no "sell" ratings. The consensus estimates of price targets implies an upside potential of 24% from current levels.
KRN Heat Exchanger and Refrigeration raises Rs 350 crore via QIP
KRN Heat Exchanger and Refrigeration Ltd successfully raised Rs 350 crore via a qualified institutional placement, attracting significant investment from entities like the Abu Dhabi Investment Authority and WhiteOak Capital.
Infosys shares jump 6% after launching AI-powered journalism tool with German media group
Infosys said the tool is expected to streamline editorial operations, improve efficiency in content curation, and enable journalists to spend more time on reporting, research, and analysis.
AI bubble or boom? Warren Buffett's Berkshire Hathaway invests another $10 billion in Google's parent, Alphabet
Berkshire Hathaway has agreed to invest $10 billion in Alphabet through a private placement as part of the Google parent’s $80 billion fundraising plan focused on AI expansion. The move deepens Berkshire’s exposure to artificial intelligence and signals confidence in Alphabet’s long-term growth despite ongoing debates over AI valuations.
Delhivery and domestic pharma remain key bets for Bay Capital’s Nikunj Doshi
Nikunj Doshi, CIO-PMS at Bay Capital, says optimism around AI may be helping Indian IT stocks recover, but the sector still faces uncertain times as companies assess the long-term impact of AI and rising token costs. He remains cautious on calling a bottom in IT stocks. Doshi is more bullish on niche NBFCs, logistics player Delhivery and domestic pharma companies, while avoiding PSU and defence stocks due to changing government priorities.
Nifty at 25,900 by March 2027? Nomura cites key catalysts to watch out for
Indian stocks have seen a sharp fall. Nomura predicts the Nifty will climb almost 11% to reach 25,900 by March 2027. This optimism stems from hopes of a West Asia conflict resolution and a strong AI theme. Despite recent selling by foreign investors, Indian equities have shown resilience. Nomura favors exporters, financials, and IT services, while remaining cautious on consumption.
India-UK FTA: Why New Delhi may scale back on Scotch whisky tariff cuts
India has warned it could revisit major concessions under the India-UK Free Trade Agreement, including planned tariff cuts on Scotch whisky, amid concerns over Britain's steel import restrictions and proposed carbon tax. The dispute threatens to delay the implementation of a trade pact expected to boost bilateral commerce
Godrej Industries enters wealth management under financial services business
Godrej Industries entered the wealth management business under its financial services segment.
Transrail Lighting bags ₹575 crore orders, holds L1 position in projects worth another ₹400 crore
The order book includes a contract for the construction of a 500 kV high-voltage direct current (HVDC) transmission line for an undisclosed customer, along with product supply orders from international markets, a specialised civil construction project and pole supply contracts.
10 stocks with over 10% mutual funds ownership and strong QoQ stake growth
For investors, tracking where mutual funds allocate capital can provide valuable market insights, as these institutions typically invest after extensive research and with strong conviction. In the latest quarter, mutual funds increased their stake in nearly 300 stocks within the BSE 500 universe. A few companies, including Sarda Energy & Minerals, Chennai Petroleum Corporation, and Waaree Energies, saw mutual fund holdings more than double. However, despite these sharp increases, mutual funds still owned less than 3% of each of these companies as of March 2026.To identify higher-conviction bets, we narrowed the list further. We focused on companies in which mutual funds already held at least a 10% stake and had significantly increased their ownership compared with the previous quarter. The result is a shortlist of 10 stocks that not only enjoy meaningful institutional backing but also recorded substantial sequential growth in mutual fund ownership, potentially signaling rising confidence among professional investors. In terms of price performance, 8 out of these 10 stocks have delivered negative returns so far in CY26. (Data Source: ACE Equity).
India’s expanding trade pact network could double global market access for domestic firms: World Bank
India’s expanding trade pact network could nearly double preferential market access for domestic firms, opening up almost one-third of global GDP and boosting exports, competitiveness and economic growth, according to the World Bank
Vedanta shares fall after media reports of ED searches at Mumbai, Delhi office
Vedanta shares dipped over 1% following reports of Enforcement Directorate searches at its offices concerning royalty payments to its parent company. This comes after a significant corporate restructuring involving the demerger of several business units. Despite recent rating upgrades, the stock remains under scrutiny.
Goldman just made a bunch of additions to its favorite stocks list. Here are the new names
Goldman Sachs adds Tyson Foods, Block, TPG and Casella Waste Systems to its June Conviction List, removing Ares Management, Wynn Resorts and Kontoor Brands.
NMDC shares rise to 52-week high after production update, dividing analyst views
Brokerage firm Nuvama has raised NMDC's EBITDA estimates for FY27 and FY28 by 13% and 16%, respectively, in order to factor in higher volumes and iron ore prices.
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan Nayak
Indian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe markets are overlooking significant long-term opportunities in legacy modernization and enterprise AI implementation, where Indian firms will act as key partners, mirroring past cloud transition cycles.
Force Motors shares slip 5% as May sales fall 15% YoY
The company’s export volumes dropped sharply by 37% year-on-year. The stock is trading 5% lower on Tuesday.
Global investors pull out a decade’s worth of India equity inflows
Foreign portfolio investors' net equity in India fell to ₹7.3 trillion, lowest since 2016, as FPIs shift to AI focused markets, while domestic mutual funds now own nearly 20 percent
One Wall Street firm is worried a June market reversal may be in the cards. Here's why
Investors entering a historically weak period for the market after last month’s strong performance. Their troubles may not stop there.
Foreign investors erase 10 years of India equity inflows
Foreign investors' cumulative net equity investments in India have fallen to their lowest level since 2016 after sustained selling, underscoring weakening appeal for the country's $4.9 trillion stock market. Net FPI investments stood at Rs 7.3 lakh crore as of June 1. Rising oil prices, concerns over economic growth, and a global shift toward AI-linked markets have weighed on sentiment.
Cement companies could hike prices again in June as input costs escalate, Nomura says
Nomura noted that demand in the southern and eastern markets continues to remain subdued. In the western region, cement manufacturers have already announced a price hike of around ₹15 per bag for June.
Nomura names GE Vernova, CG Power, 4 others among top plays on India’s decadal data centre opportunity
India's data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura. The brokerage sees strong opportunities for industrial equipment makers supplying critical infrastructure, with GE Vernova T&D India and CG Power emerging as key beneficiaries of expanding data centre investments and capacity additions.
India to raise US Section 301 tariff probe as trade deal enters final stretch: Report
India is expected to raise concerns over Washington’s Section 301 investigation and potential tariff measures during three-day trade talks with the US in New Delhi this week, as both sides push to finalise a long-awaited bilateral trade agreement
Alphabet taps equity markets for $80 billion as AI capex race intensifies
Alphabet has announced plans to raise up to $80 billion through equity markets to fund a massive expansion of its artificial intelligence infrastructure, as surging demand for AI computing pushes Big Tech into an unprecedented capital spending race
India’s domestic growth story still strong despite global headwinds: Rajeev Agrawal
Global markets face uncertainty. Rajeev Agrawal from DoorDarshi India Fund sees India's economy as resilient. He focuses on domestic businesses less affected by global shocks. Real estate, banking, and renewable energy are highlighted as attractive sectors. Foreign investment remains a challenge, but long-term optimism persists due to strong domestic demand and demographics.
Coca-Cola explores Mumbai IPO for India bottling arm, signals deeper push into high-growth market
Coca-Cola said it is exploring a potential IPO in India for Hindustan Coca-Cola Beverages in 2027, alongside a partial stake sale, marking a key step in the refranchising of its bottling operations amid rising competition in the Indian beverage market
NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check details
NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sale. The government plans to divest up to a 6 percent stake in the public sector undertaking. The offer opened for non-retail investors on Tuesday. The floor price was set at Rs 71 per share.
Groww, Lenskart, 9 other stocks among Motilal’s non-Nifty ideas. Check full list
As the Q4 earnings season drew to a close, Motilal Oswal Financial Services said in its latest India Strategy report that corporate results ended on a strong footing, with broad-based earnings outperformance across sectors. The brokerage noted that the 359 companies under its coverage delivered 16% year-on-year earnings growth, significantly ahead of its expectation of 8% growth. Here are the brokerage’s 11 non-Nifty picks.
Wockhardt shares pause massive 36% rally in 5 sessions; slip 7%. What’s behind the selloff?
Wockhardt shares dropped after a recent surge, as investors took profits. This followed the US FDA approval of ZAYNICH, an antibiotic for urinary tract infections. The company also reported a strong turnaround in its March quarter results. Revenue and profit saw significant year-on-year growth. Biotech operations were a key driver of this improved performance.
Coforge shares gain nearly 6% after Nexa Agentic AI Platform launch for insurance industry
Coforge shares were trading 5.7% up at ₹1,545 on Tuesday. The stock has gained 34% in the past month, trimming its year-to-date losses down to 7%.
Noel Tata opposes Tata Sons listing, warns RBI of risks to Tata Trusts’ philanthropic mission
Noel Tata has raised concerns with the RBI over a potential Tata Sons listing, warning it could dilute patient capital allocation and disrupt funding for Tata Trusts’ philanthropic initiatives. The debate has intensified ahead of key board meetings, exposing differing views within the Trusts over governance and long-term strategy
DEE Development bags ₹207 crore power sector orders from Maharatna EPC firm
DEE Development Engineers has secured contracts worth ₹206.55 crore for the supply of critical piping assemblies from a public sector Maharatna EPC conglomerate in the power sector. The orders will be executed over the next two to 15 months.
BofA says India’s EV market may be entering a stronger growth phase
Gunjan Prithyani, Senior Analyst-Automobiles & Auto Components at BofA Global Research warns of near-term pressure on auto sector margins from higher steel and metal prices, while affordability risks could impact entry-level vehicle demand.
FII exodus, crude shock, and Rupee under pressure: Deepak Shenoy breaks down India's market storm
Indian stock markets are facing tough times due to global economic factors. Deepak Shenoy of Capitalmind MF advises investors to look beyond immediate market swings. He highlights that while foreign investors are pulling money out, domestic flows are providing support. Shenoy suggests focusing on sectors like Pharma for defensive plays.
Zee Entertainment shares can rally another 31%, CLSA projects after FIFA rights win
The brokerage also pointed out that Zee appears to have secured the rights at a relatively attractive valuation. According to reports cited by CLSA, the company paid less than $60 million for the package, lower than the nearly ₹450 crore spent by the former Viacom18 for the 2022 FIFA World Cup rights.
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weakness
Indian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This rebound follows an earlier sell-off triggered by AI advancements, with investors now seeing value in the sector's potential to adapt and integrate new technologies.
CLSA sees no near-term breakout for Nifty, prefers midcaps on dips
CLSA's Laurence Balanco remains bullish on Indian midcaps, noting that the Nifty Midcap index has broken out of a prolonged consolidation phase since 2024, strengthening its technical outlook.
Infosys, TCS, IT stocks extend rally for second day; Top CLSA chartists sees further upside
Nifty IT's surge on Monday was also triggered by CLSA's optimism on the sector in its recent note 'How Much SaaSpocalypse is Real'. The stocks are extending gains from those levels on Tuesday.
Anant Raj shares rally 5% after signing Rs 25,000 crore Haryana Data Centre MoU
Anant Raj's shares surged after announcing a significant partnership with the Government of Haryana to boost the state's digital infrastructure. The real estate developer plans to invest Rs 25,000 crore in data centers and cloud services, aiming to position Haryana as a major hub for next-generation digital investments.
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab Das
Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz.
India-US trade deal enters final stretch; Goyal says 99% of negotiations complete
India and the United States are nearing the conclusion of the first tranche of their bilateral trade agreement, with Commerce Minister Piyush Goyal saying 99 per cent of negotiations have been completed and only a few issues remain ahead of a final round of talks in New Delhi
'India is on the wrong side of the AI trade': Emkay's Nirav Sheth sounds the alarm
India is on the wrong side of the AI trade, warns Nirav Sheth. Foreign investors are chasing AI growth abroad, impacting Indian markets. Investors should focus on companies with 20% earnings growth. IT sector faces headwinds, not a temporary slowdown. Geopolitical risks and rupee depreciation add to macro concerns. Policy changes are needed for durable capital inflows.
China builds new legal shield against foreign sanctions with tougher investment rules
China has introduced sweeping new investment regulations that allow Beijing to review, block or unwind overseas transactions involving Chinese investors, technology and sensitive data, while expanding its ability to retaliate against foreign sanctions and investment restrictions
Vedanta premises see Enforcement Directorate search operations; Stock falls
In an exclusive interaction with CNBC-TV18 last month, Vedanta Group Chairman Anil Agarwal said that all the other demerged entities will begin trading as independent entities by the end of June.
Bharti Airtel, Infosys, among Motilal Oswal’s top Nifty ideas. How many do you own?
As the Q4 earnings season drew to a close, Motilal Oswal Financial Services said in its latest India Strategy report that corporate results ended on a strong footing, with broad-based earnings outperformance across sectors. The brokerage noted that the 359 companies under its coverage delivered 16% year-on-year earnings growth, significantly ahead of its expectation of 8% growth. Here are the brokerage’s 10 Nifty picks.
Coforge shares gain over 2% after unveiling agentic AI platform for insurance industry
Coforge's stock saw a boost following the launch of its "Nexa Agentic AI Platform," designed to enhance the global insurance industry. This innovative platform integrates AI capabilities over existing systems, aiming to accelerate product launches, improve underwriting efficiency, and streamline claims processing without requiring core system replacements.
Blackstone raises $13 billion for Asia, double its previous fund
Blackstone raises $13.1 billion Asia private equity fund, more than doubling its 2021 pool, focusing on India and Japan amid tough global fundraising conditions
Strong earnings: Vedanta, JSW Steel among 10 largecaps that reported best Q4 results
As markets wrap up the Q4 earnings season, Motilal Oswal Financial Services in its latest 'India Strategy' report said that the results concluded on a strong note, showcasing widespread outperformance across aggregates. It added that the 359 companies under its coverage reported a 16% year-on-year growth in earnings, beating its estimate of 8% growth. Large-caps posted a 12% YoY growth in earnings, with the domestic brokerage naming 10 companies that reported the strongest results among the pack.
Renaissance Investment CIO sees value in IT, autos and financials
Pankaj Murarka, CEO & CIO of Renaissance Investment Managers, says the global AI investment boom could benefit Indian IT services as enterprise adoption rises. He believes fear-driven selling in IT stocks is fading and sees value emerging in the sector. Murarka is also positive on autos, EV-linked themes, energy and financials over the medium term, while cautioning that some AI and power infrastructure stocks are difficult to justify on traditional valuations.
Coca-Cola announces plans to list its largest bottler Hindustan Coca-Cola Holdings
Coca-Cola is exploring a public listing in India for the parent company of its largest bottler, Hindustan Coca-Cola Holdings (HCCH), with a potential 2027 debut on Indian stock exchanges. This move aims to complete the refranchising of HCCH and position it for growth in the Indian market. The company has appointed Rothschild & Co to advise on the listing.
Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII selling
Indian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop was influenced by renewed tensions concerning the Iran-US conflict and continued selling by foreign institutional investors. Several major stocks, including Bajaj Finance, faced losses. However, IT stocks showed resilience, moving against the general trend.
Stocks to Buy: CLSA expects eyewear maker to cross levels of ₹600 despite valuation chatter
CLSA described Lenskart as a leading eyewear brand in India that is well-positioned to cater to the country's affluent urban consumers as well as emerging middle-income cohorts, while continuing to offer affordable products for the mass market.
'A decadal growth opportunity' - Nomura highlights five data center product categories and its stock picks
Nomura said the competitive landscape in India is consolidated and pricing is disciplined. It said players such as ABB India, Siemens, Hitachi Energy, GE Vernova, CG Power, Cummins, among others, act as oligopolistic suppliers across multiple sub-categories.
Anant Raj shares gain 4% after ₹25,000 crore Haryana MoU for data centre, cloud services
Anant Raj said the agreement was to establish a framework of collaboration and co-operation between the firm and HEPC, department of information technology, electronics and communication, Haryana State Electronics Development Corporation, Citizen Resource Information Department, Department of Industries and commerce, government of Haryana.
Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check details
Wipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership to 80%. This move aims to bolster Wipro's position in the insurance sector, particularly in AI-led transformation solutions for the P&C segment. The transaction is expected to conclude by June 5.
HDFC Bank shares drop 25% in 2026. Buying opportunity or falling knife?
HDFC Bank shares have plummeted over 25% this year, driven by governance concerns following the former chairman's resignation and an internal probe into marketing spend. Analysts are divided, with some suggesting patience due to ongoing trust issues, while others see an opportunity for long-term investors to buy the dip.
Rupee edges lower against dollar amid oil price concerns, FPI outflows
Indian rupee opens weaker at 95.06 against US dollar as high crude prices and foreign fund outflows weigh on sentiment, RBI steps in to curb volatility.
IREDA among 5 F&O stocks with a sharp rise in futures open interest
As of June 1, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 8% compared to the previous trading session. A significant uptick in futures open interest signifies a rise in the number of active, unexpired futures contracts in a specific security.This uptrend reflects increasing participation, with traders either initiating new positions or expanding the size of their existing positions within the futures market.
Coca-Cola explores listing of India bottling unit in 2027
Coca-Cola is planning a major move in India. The beverage giant is preparing to list its Indian bottling unit, Hindustan Coca-Cola Holdings, on Indian stock exchanges by 2027. This move signals strong confidence in India's growth potential. Coca-Cola will retain a significant stake and continue to focus on its brand portfolio in the country.
Ola Electric shares in focus as firm launches QIP to raise funds. Check floor price, other details
Ola Electric is set to raise funds through a qualified institutional placement. The company has fixed a floor price for the offering. This move comes as Ola Electric aims to improve its financial performance. The company anticipates a significant increase in orders and revenue in the upcoming quarter. Key priorities include its electric motorcycle and cell manufacturing businesses.
India in “peak pessimism” phase, but cyclical recovery may lift earnings: Arbind Maheswari
Indian markets are navigating slow earnings growth and valuation worries. However, experts see early signs of a cyclical recovery. Despite current challenges, a shift in global capital flows and domestic growth drivers could lead to modest returns. Investors are looking towards sectors like energy security and defence for future opportunities as the AI trade potentially fades.
Morgan Stanley says Indian stock market poised for strong year ahead. Here’s why
Morgan Stanley remains bullish on Indian equities, citing an earnings upcycle, supportive macroeconomic conditions and strong domestic flows. The brokerage expects sustained growth driven by investment, manufacturing and AI-linked opportunities, while highlighting external risks. It projects the Sensex could reach 89,000, supported by robust earnings growth and improving market fundamentals.
Aditya Birla Group seen as front-runner in $1.7-billion-plus deal for Shell’s Sprng Energy: report
Aditya Birla Group has emerged as front runner to buy Shells Indian renewable platform Sprng Energy for over $1.7 billion, edging KKR, though talks remain ongoing and non-binding.
NMDC among 4 stocks closed crossing above VWAP
On June 1, the closing prices of four stocks in the Nifty500 pack rallied over 1% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to StockEdge.com's technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a bullish signal by traders and investors, suggesting positive market sentiment.
Coal India among 5 stocks showing bullish RSI upswing
On June 01, five stocks in the Nifty200 pack were highlighted in the RSI Trending Up scan based on data from StockEdge.com. It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock's price. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
Reliance Industries can benefit from these two factors besides valuation comfort, JPMorgan says
Brokerage firm JPMorgan believes that RIL is well-positioned to benefit from continued strength in refining and petrochemical spreads, while a weaker rupee could provide an additional earnings tailwind.
Tata Sons proposes ₹7,000 crore fund infusion for digital businesses at board meeting
Tata Sons seeks ₹7000 crore equity for Tata Digital units like BigBasket and Tata Cliq, Noel Tata questions optimistic growth, mounting losses and capital allocation amid intense competition
Coca-Cola explores listing of India bottling unit in 2027
Coca-Cola plans a 2027 IPO in India for Hindustan Coca-Cola Holdings, may sell part of its 60 percent stake, valuing the bottler near $10 billion amid rising India competition
Yaashvi Jewellers shares to list today. Check GMP ahead of debut
Yaashvi Jewellers' shares are poised for their debut on the BSE SME platform. The initial public offering is expected to see a subdued listing performance. Grey market indicators suggest the stock will trade near its issue price. The company, established in 2016, manufactures and trades gold jewellery. It has reported strong financial growth in recent years.
NHPC OFS for non-retail investors opens today as government's disinvestment drive continues
Floor price for the Offer for Sale has been fixed at ₹71 per share, which is a discount of 8% from the stock's previous closing price.
Bonus issue alert! Last day to buy Anand Rathi Wealth shares for 1:1 bonus reward. Do you own?
Anand Rathi Wealth shareholders are set to receive bonus shares in a 1:1 ratio, with today being the last chance to buy for eligibility. The company, reporting strong Q4 FY26 results with a 40.5% profit jump and significant AUM growth, is capitalizing reserves for this move. Bonus shares will be credited by June 7.
Tega Industries shares in focus after completing $1.5 billion acquisition of Molycop
Tega Industries, in partnership with funds managed by affiliates of Apollo Global Management, has acquired Molycop from an affiliate of American Industrial Partners in a transaction valued at approximately $1.5 billion.
Gold, silver edge lower amid West Asia uncertainty and Fed watch
Gold and silver prices slip as investors track West Asia tensions, US data, and Federal Reserve signals on interest rates, with SPDR Gold Trust holdings easing.
Euro zone manufacturing loses momentum as supply shocks push costs to four-year high
Euro zone manufacturing expanded for a fourth straight month in May, but growth slowed as supply-chain disruptions linked to the West Asia conflict pushed input costs to a four-year high and demand for goods stagnated
Negative Breakout: These 9 stocks cross below their 200 DMAs
In the Nifty200 pack, nine stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on June 1, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look:
Ola Electric launches QIP to raise up to ₹500 crore; Stock likely to react
At the end of the March quarter, promoter entities held 34.59% stake in Ola Electric Mobility. Of this, promoter Bhavish Aggarwal held 27.83% stake, as per data available on the exchanges.
Alkem Labs shares in focus as sellers look to offload 1.5% stake via block deal
The term sheet also specifies a 90-day lock-up period on any further sale of shares by the sellers.
India-Oman trade deal opens new opportunities for exporters and MSMEs: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal says the India-Oman CEPA will boost exports, create jobs and strengthen MSMEs by providing near-complete duty-free access for Indian goods and expanding opportunities in services, pharmaceuticals and labour-intensive sectors
Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, Wipro
Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP issue, Eicher Motors reported a 15% sales rise, and Axis Bank increased its stake in Axis Max Life Insurance.
Pre-market action: Here's the trade setup for today's session
Indian equities faced pressure on Monday, mirroring Friday's weakness, with Nifty declining 0.7%. Analysts anticipate a range-bound market with a slight negative bias due to persistent FII selling and global uncertainties. Focus is expected to shift to stock-specific opportunities in the midcap segment.
KRN Heat Exchangers raises ₹350 crore at nearly 5x its IPO price; ADIA among investors
On completion of the allotment of shares, the total paid-up equity capital of KRN Heat will increase from ₹62.15 crore, comprising of 6.21 crore equity shares, to ₹65.45 crore, consisting of 6.54 crore equity shares. Each share carries a face value of ₹10 each.
Asian stocks retreat from record highs, oil holds gains
Benchmark indices in Japan, South Korea and Australia declined, sending the broader MSCI Asia Pacific Index 0.9% down after it ended at an all-time high on Monday.
Oil prices steady post biggest gain in a month on US-Iran talks uncertainty
Brent for August delivery was near $95 a barrel after it added 4.2% in the prior session, while the West Texas Intermediate was under $92 a barrel.
ACME Solar to raise up to ₹2,800 crore via QIP, confirms CNBC-TV18 newsbreak
According to sources and the term sheet accessed by CNBC-TV18, Acme Solar aims to raise up to ₹2,800 crore through the QIP. The issue comprises a base size of ₹2,600 crore, along with a greenshoe option of ₹200 crore.
India redraws economic strategy as West Asia war sparks oil shock and inflation fears
HSBC India Manufacturing PMI climbed to 55.0 in May, signalling stronger factory activity despite rising energy, fuel and raw material costs
Sensex Today | Stock Market LIVE Updates: Nifty bulls aim to prevent re-test of May series lows amidst Iran jitters
Sensex Today | Stock Market LIVE Updates: The bulls may take comfort from the fact that all recent selling has seen a reversal around this 23,250 - 23,350 range. A break of that level risks further downside for the index. Same is the case with the Nifty Bank, which had another 1,000-point range trading day on Monday.
Nearly two-thirds of bank loans now priced below 9% as rate cuts bite
Indian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follows a year of aggressive rate cuts. While credit growth is strong, banks' profit margins face pressure. Metropolitan areas and public sector banks lead lending. Agriculture and industrial credit also accelerated. Personal loan growth moderated.
JLR to raise $2 billion five-year loan from global banks to refinance debt
Jaguar Land Rover has announced a pivotal financial strategy, obtaining a $2 billion loan from leading multinational banks. This endeavor serves to refinance debts that are maturing early next year. With the loan priced at 155 basis points above the SONIA rate, it reflects a savvy approach amidst current market uncertainties.
RBI reviews expected credit loss rules amid concerns over impact on SME credit costs
The Reserve Bank of India is taking a closer look at its credit loss regulations, which may result in higher borrowing costs for small and mid-sized firms. With rating agencies recently exceeding default rate benchmarks, there is a chance of elevated risk weights for these businesses.
CBDT tells tax officers to tighten scrutiny of unexplained income, assets
The Central Board of Direct Taxes has directed tax officers to be more careful and consistent when using rules against hidden income and assets. This follows a report highlighting inconsistent application that cost the government revenue. These rules help tax authorities treat unexplained money, investments, or spending as income if taxpayers cannot provide a valid source.
Rules in the works to enable G-Sec, repo deals by insurers
Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an operational framework for these activities. This follows recent amendments to insurance laws. These changes offer insurers greater flexibility in managing their liquidity. Insurers hold a significant portion of government securities. The new framework will detail settlement, platforms, collateral, and risk management.
Sebi to relax InvIT cash flow distribution rules
Sebi has proposed a relaxation in the net distributable cash flow calculation for road sector InvITs. The regulator will allow debt-funded major maintenance expenses to be added back, addressing industry concerns that current rules discourage project monetization through InvITs.
Reforms, AI capex peaking could revive interest in India: Candace Browning, BofA Global Research
BofA Global Research head Candace Browning anticipates India will benefit from a West Asia crisis resolution and the peak of global AI capex, though Indian equities may lag emerging markets in the near term. She forecasts a year-end Nifty target of 26,200, but warns of potential pressure on valuations if conflicts persist.
Ola Electric opens QIP, sets floor price at Rs 37.74/share
Ola Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fundraising initiative aims to bolster the company amidst slowing sales and market share pressures in the electric two-wheeler sector. The move follows a recent ₹2,000 crore investment into its subsidiaries for enhanced localization and vertical integration.
Zaynich's blockbuster potential lifts Wockhardt's long-term outlook
Wockhardt's novel antibiotic, Zaynich, has received USFDA approval after a 12-year effort, sparking hopes for a turnaround after years of net losses. The drug, targeting multidrug-resistant bacteria, has a projected peak sales of $1.5 billion, potentially transforming the company's financial outlook. Investors have responded positively, with the stock surging on the news.
IT stocks rally as AI deals, valuations draw investors
Indian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since April 23. This rally was driven by attractive stock valuations and new AI partnerships. Investors are showing renewed interest, building fresh long positions. This rebound follows a period of underperformance for the IT sector this year.
SoftBank dethrones Toyota as Japan’s most valuable firm as AI frenzy reshapes markets
SoftBank Group has overtaken Toyota Motor as Japan’s most valuable listed company after a sharp AI-driven rally, highlighting how investor enthusiasm for artificial intelligence and semiconductor stocks is reshaping global markets
F&O trading activity moderates in May; Here are the latest trends
In the options notional turnover, NSE had a 52.6% market share in May, higher than 44.5% in April, while BSE's share declined to 47.4% from 55.5%
Alphabet announces $80 billion equity fund raise for AI spending
Alphabet is also taking advantage of the stock rally seen over the last 12 months, during which the stock has more than doubled in value, making it the second-most valuable company in the world behind Nvidia.
Here's how the US markets, other asset classes are reacting to the fallout in US-Iran negotiations
Incidentally, despite the developments on Monday, all three indices made new record highs. The S&P 500 crossed the mark of 7,600 for the first time, while the Nasdaq also ended higher led by continued buying in tech and AI-linked stocks. The Dow Jones also recovered from the lows of the day to end around the flat line.
May Auto Sales: Hero MotoCorp dispatches 5.70 lakh units; global business jumps 78%
Shares of Hero Motocorp Ltd ended at ₹4,821.00, down by ₹77.40, or 1.58%, on the BSE.
SEBI clears State Street Global Advisors' stake acquisition in Groww AMC
SEBI clears State Street Global Advisors stake buy in Groww AMC, SSGA to get 4.85% voting rights and 22.94% economic interest, with no change in control.
Canara Bank appoints Brajesh Kumar Singh as MD and CEO; tenure till April 2029
Shares of Canara Bank Ltd ended at ₹128.00, down by ₹2.90, or 2.22%, on the BSE.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%
Another down day, and another week where the market started with a cut. There is, at this juncture, no point in guessing what will happen to the Nifty and Sensex. That depends on many things which have nothing to do with fundamentals – and also have something to do with fundamentals. Yes, we are saying both, for a simple reason: In the last few days, there have been events that will have some impact on the fundamentals and operating matrices of several sectors.
NHPC OFS: Govt announces 6% stake sale via offer for sale route, floor price fixed at ₹71
The OFS will be undertaken through ICICI Securities, Goldman Sachs (India) Securities and SBICAP Securities. Shares of NHPC Ltd ended at ₹77.19, down by ₹1.63, or 2.07%, on the BSE.
AI giant Anthropic files for stock market debut in US
AI startup Anthropic has confidentially filed for a US IPO, setting up a major test of whether investors will keep backing the artificial intelligence boom.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Benchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent selling pressure. Market breadth remained weak, technical indicators turned bearish, while select stocks including Wockhardt and NMDC Steel attracted buying interest and hit fresh highs.
CNBC-TV18 Newsbreak Confirmed: ACME Solar opens ₹2,800 crore QIP at ₹279.50 per share
Shares of ACME Solar Holdings Ltd ended at ₹306.90, down by ₹3.65, or 1.18%, on the BSE.
Market Trading Guide: NMDC among two stock recommendations for Tuesday
Indian benchmark indices extended losses for a fourth straight session as FII selling and geopolitical concerns hurt sentiment. Amid the weakness, analysts recommend NMDC and Laurus Labs, citing bullish chart patterns, strong momentum, breakout formations and favorable technical indicators for further upside.
Fino Payments Bank turns to AI as it prepares to become a small finance bank
Fino Payments Bank said on Monday, June 1, that it has entered into a strategic partnership with Ezee.ai to deploy an artificial intelligence-enabled Loan Origination System (LOS), Business Rules Engine (BRE) and Collections Management Platform as part of its transition towards becoming a small finance bank (SFB).
Trade Setup for June 2: Nifty risks further downside to May series lows as headwinds mount
The Nifty faced strong resistance near its 50-day moving average at 23,690, indicating continued near-term weakness. Analysts say that a breach below 23,262 could accelerate selling pressure and drag the index towards 23,150.
Dow, Nasdaq fall as oil prices jump on Iran concerns
US stocks open mixed as oil jumps on West Asia tensions, Dow falls 0.2% while S&P 500 and Nasdaq are flat, crude surges after Iran suspends talks with the United States.
Former SEBI official Ashwani Bhatia joins ICICI Bank board
ICICI Bank Ltd on Monday said its board has approved the appointment of Ashwani Bhatia as an Additional (Independent) Director for a five-year term from June 1, 2026 to May 31, 2031, subject to shareholder approval.
JetBlue flags higher fuel costs as Iran conflict drags on
Fuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as cut flight frequency and routes to limit fuel usage.
Stocks to Watch for June 2: Wipro, NMDC, PNC Infra, Ola Electric and more
From Wipro's step-down subsidiary, Wipro IT Services, LLC, plans to acquire an additional 20% stake in Aggne Global Inc for $28.5 million to PNC Infra receiving a Letter of Acceptance (LOA) from the Lucknow Development Authority for a flyover construction project; here are some stocks to track ahead of Tuesday trading session.
EasyJet says possible US bid 'highly opportunistic' as shares jump 10%
EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting its stock price was "temporarily depressed" by the war's impact on jet fuel prices and customer confidence.
Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a share
Ola Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may offer up to a 5% discount, while the final issue price and fundraising size will be determined through the book-building process.
Two Trades for Today: A top city gas distributor for a 9.7% surge, a mid-cap BPM stock for an almost 6% gain
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
Anant Raj signs ₹25,000-cr MoU with Haryana govt for data centre, cloud expansion
Anant Raj said the initiative is aimed at supporting investment and development of data centre and cloud services in Haryana, as part of its digital infrastructure business operations. Shares of Anant Raj Ltd ended at ₹538.80, up by ₹24.15, or 4.69%, on the BSE.
Block deal launched in Alkem Laboratories, up to 1.5% stake on offer
Alkem Laboratories sees block deal for up to 1.5% stake at floor price ₹5,200 per share, Q4FY26 revenue up 14.6%. Shares of Alkem Laboratories ended lower on June 1 by 3.27% at ₹5,318 on the NSE.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.
NMDC May Update: Iron ore production surges 20% YoY, sales decline 7%
Sales stood at 4.04 MT, down 6.9% from 4.34 MT in the same period last year. Shares of NMDC Ltd ended at ₹92.60, up by ₹4.70, or 5.35%, on the BSE today, June 1.
Ola Electric Mobility launches QIP, sets floor price at ₹37.74 per share
Ola Electric said in line with regulatory provisions and shareholder approval, it may offer a discount of up to 5% on the floor price. Shares of Ola Electric Mobility Ltd ended at ₹39.53, down by ₹4.91, or 2.04%, on the BSE today, June 1.
Microsoft could soar to new highs thanks to homegrown AI push, Wells Fargo says
Wells Fargo raises Microsoft price target to 650, citing homegrown AI models, Build conference tools, and strong OpenAI and Anthropic driven Azure AI revenue despite recent stock dip
RBI clears Mirae Asset MF to raise stake in Equitas SFB up to 9.5%
The RBI has approved Mirae Asset Mutual Fund to acquire an aggregate holding of up to 9.5% in Equitas Small Finance Bank. The approval is valid for one year and is subject to compliance with banking and securities regulations.
Black Box, AIONOS announce strategic tie-up for AI platforms and infrastructure
The collaboration is aimed at enabling organisations to build, deploy and manage AI with security and resilience across layers. Shares of Black Box Ltd ended at ₹1,041.55, up by ₹3.05, or 0.29%, on the BSE today, June 1.
These 7 stocks reported declining EPS for 4 straight quarters
A sustained decline in earnings per share (EPS) over the past four quarters may signal persistent pressure on a company's profitability. Using the profitability scan data from StockEdge.com, we identified seven Nifty 500 stocks that have reported a sequential decline in quarterly EPS for four consecutive quarters through the March 2026 quarter.Authum Investment & Infrastructure Ltd.Reported an EPS of Rs 0.70 for the March 2026 quarter, compared with Rs 20.76 in the same quarter last year.
Quote of the day by Seth Klarman: "The challenge is whether you can invest in things that won’t be too bad on the day when the market turns"
Seth Klarman, a renowned investor, highlights a crucial investment challenge. He emphasizes preparing portfolios for market downturns, not just bull markets. This involves investing in resilient businesses with strong fundamentals. Such strategies protect capital during volatility. Long-term wealth creation depends on managing risk and enduring inevitable market shifts. Disciplined investing and downside protection are key.
GST collections rise 3.2% to Rs 1.94 lakh crore in May; import revenue jumps 19%
Net GST mop-up grows 3.3% to ₹1.67 lakh crore; government says adjusted growth stands stronger after excluding last year’s one-time telecom payment
Wockhardt among 8 stocks hit 52-week highs, rally up to 55% in a month
On Monday, the benchmark Sensex fell 508 points to close at 74,267. Despite the broader market downturn, eight stocks from the BSE 500 index bucked the trend and surged to their 52-week highs, marking their strongest levels in the past year. Reaching a 52-week high is generally considered a bullish signal, indicating strong investor confidence and suggesting the potential for further upside.
India’s manufacturing growth hits three-month high in May as demand remains strong
India’s manufacturing activity expanded at its fastest pace in three months in May, driven by strong domestic demand and rising new orders, even as higher fuel costs and West Asia-related supply disruptions added pressure on businesses
Wipro to acquire additional 20% stake in Aggne Global for $28.5 million
Shares of Wipro Ltd ended at ₹206.45, up by ₹2.25, or 1.10%, on the BSE.
ET Alpha Wealth Summit: Mastering the art of investing in turbulent times
Amidst global uncertainty, the ET Alpha Wealth Summit in Mumbai on June 4 will feature veteran investor S. Naren. He will share over three decades of experience navigating market crises, offering strategies to limit losses and identify growth opportunities.
Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s why
Morgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new energy businesses poised to become key growth drivers. Maintaining an overweight rating and a target price of Rs 1,803, the brokerage sees 34% upside in the stock.
PNC Infratech bags ₹194 crore flyover project from Lucknow Development Authority
Shares of PNC Infratech Ltd ended at ₹206.80, up by ₹2.30, or 1.12%, on the BSE.
Tata Sons IPO: Tata Chemicals, Tata Investment Corp shares tumble 3%. Here's why
Shares of Tata Chemicals and Tata Investment Corporation fell around 3% after reports claimed Tata Trusts Chairman Noel Tata had written to the RBI opposing a potential Tata Sons listing. According to the report, Tata Trusts fears a public listing could shift Tata Sons’ focus towards short-term market pressures and away from its long-term strategic and philanthropic objectives, amid growing internal debate over the holding company’s future.
ASUS plans more India-made laptops with Dixon, aims to grow beyond metro cities
Taiwanese laptop maker ASUS expects locally manufactured laptops to account for 30% of its India sales this year, up from 10% last year, as it deepens its partnership with Dixon Technologies. The company is also expanding aggressively beyond metros, betting on smaller cities and towns to drive its next phase of growth in India.
FIIs dump record ₹21,105 crore in one day; Nifty now trades below 5-year average
Foreign investor selling in Indian equities reached an all-time high amid MSCI index changes, even as softer market valuations and hopes of reforms keep expectations of a return in overseas flows alive.
Eternal to Minda Corp: Axis Securities picks 15 stocks for June, sees up to 44% upside in top ideas
Axis Securities retained a bullish view on Indian equities and recommended 15 stocks for June across market capitalisations, with potential upside of up to 44%. The brokerage favours banking, telecom and capital goods sectors, while remaining cautious on IT. It expects market corrections to offer opportunities to accumulate quality businesses.
India’s factory activity hits three-month high in May despite rising cost pressures, PMI shows
HSBC India Manufacturing PMI rose to 55.0 in May from 54.7 in April as strong domestic demand lifted output and new orders, even as input inflation remained near four-year highs
May Auto Sales: Ashok Leyland sales slip 4%; stock falls as M&HCV volumes drag
Including exports, Ashok Leyland's total M&HCV sales declined 12.8% to 8,966 units from 10,282 units a year ago, while total LCV sales increased 14.5% to 5,957 units.
FIIs bet on high-growth smallcaps: 14 stocks rally up to 225% in 5 months, 6 turn multibaggers
High sales growth indicates that a company’s revenue is rising sharply, while strong profit growth reflects improving earnings and better overall business efficiency. Together, they often signal a healthy and expanding business.In the stock market, it becomes especially interesting when Foreign Institutional Investors (FIIs) increase their stakes in such high-growth companies. In the March 2026 quarter, FIIs raised their holdings in nearly 77 smallcap stocks that were showing strong momentum. These companies had reported impressive fundamentals, with profit growth above 50% and sales growth exceeding 25%. From this broader universe, a focused scan highlighted 14 smallcap stocks that went on to rally between 50% and 225% in CY26. Notably, six of these turned into multibaggers. (Data Source: ACE Equity)
May Auto Sales: Royal Enfield sales rise 15% to cross 1 lakh units
Royal Enfield reported a 15% rise in May motorcycle sales to 103,231 units, driven by strong domestic demand, while exports fell 33%. VECV, Eicher Motors' commercial vehicle joint venture, posted a 7.8% increase in sales during the month.
Sensex falls over 500 points, Nifty ends below 23,400; banks, autos drag markets
The Sensex fell 508 points to close at 74,267, while the Nifty declined 165 points to settle at 23,383, slipping below the 23,400 mark. Market breadth remained weak, with declines outpacing advances and the NSE advance-decline ratio standing at 1:2.
Why is market falling today? Sensex drops 600 points, Nifty below 23,400: 4 key factors
Indian equity markets erased early gains and slipped sharply into the red on Monday as escalating Iran-US tensions, rising crude oil prices, aggressive FII selling and higher US bond yields weighed on sentiment. While IT stocks outperformed and cushioned some losses, broader markets remained under pressure, with investors closely watching key technical support levels on the Nifty.
May Auto Sales: Ola Electric figures at seven-month high but stock sees profit booking
Ola Electric's volumes in April and May were at 27,462 units. The company has given a volume guidance of 40,000 to 45,000 units in the first quarter of the financial year 2027. Its volumes need to be more than 12,540 units in June to achieve this Q1 guidance.
Explained - The CLSA optimism that triggered a sharp upmove in Indian IT on Monday
As a result of this optimism, Indian IT stocks saw gains of anywhere between 2% to 4% on Monday, becoming the only sectoral index that lent some support to the benchmark index while most other sectors underperformed.
AI could create more opportunities for Indian IT firms, not fewer: BofA’s Kunal Tayal
Kunal Tayal, Senior Analyst-IT, Real Estate at BofA Global Research believes AI adoption is moving beyond coding into business processes, opening fresh demand for IT services, engineering and analytics firms.
Berkshire doubles down on housing with $6.8 billion Taylor Morrison acquisition
Cash acquisition expands Berkshire Hathaway’s housing footprint and marks the first major takeover since Greg Abel succeeded Warren Buffett as CEO.
How India’s online shopping market is splitting into two distinct segments, BofA explains
Sachin Salgaonkar, Senior Analyst-APAC Telecom, e-commerce at BofA Global Research expects competition in quick commerce to ease over the next few quarters, sees telecom tariffs rising further by 2027, and believes AI-led vernacular and voice commerce could unlock hundreds of millions of new digital users in India.
India’s foreign investor selling is more cyclical than structural: BofA
Arbind Maheswari, Head of India Equities at BofA Securities says global investor money is currently moving towards artificial intelligence (AI) driven markets such as the US, Taiwan and Korea, but believes much of the negative sentiment around India’s earnings, geopolitics and valuations is already priced into the market.
Zee Entertainment to air FIFA World Cups till 2034; shares surge 7%
Zee Entertainment shares rose 7% after the broadcaster secured rights to FIFA’s marquee football events through 2034, including the men’s and women’s World Cups and multiple youth tournaments.
Tata Motors CV sales rise 17% in May, but miss Street estimates
Total commercial vehicle sales, including domestic and international markets, stood at 32,850 units during May, compared with 28,147 units a year earlier. However, the number fell short of the CNBC-TV18 poll estimate of 34,900 units.
Bharat Coking Coal shares fall over 6% after weak May business update
Bharat Coking Coal shares fell over 6% after the company reported a sharp decline in May coal production and offtake, with both metrics contracting year-on-year amid weaker operational performance.
Oil prices jump over 2% as Israel intensifies Lebanon offensive, raising supply fears
Brent crude climbs above $93 a barrel while WTI nears $90 as escalating Middle East tensions and concerns over the Strait of Hormuz outweigh weak economic data from China.
Adani Green Energy commissions 50 MW solar plant in Gujarat’s Khavda
Adani Green Energy has commissioned a 50 MW solar power project at Khavda in Gujarat, taking its total operational renewable energy capacity to 19,835.8 MW.
Crude oil shock clouds near-term outlook, but FY27 earnings growth still intact: Karthikraj Lakshmanan
UTI AMC's Karthikraj Lakshmanan sees cautiously optimistic Indian market outlook with intact FY27 earnings trajectory, despite near-term crude oil volatility. Macro pressures from rising oil prices are noted, but India remains resilient, with potential for double-digit earnings growth. Selective sector bets, particularly financials and IT, are favored over unpredictable fund flows.
Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?
Banking stocks declined sharply on Monday, pulling the Nifty Bank index down more than 370 points. PSU banks led the losses, while analysts flagged key support and resistance levels for traders. Technical indicators suggest near-term consolidation, with the next directional move likely to emerge from a breakout or breakdown.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 year
After the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into the stock. So, after a long period of blanket bearishness, the indication that we are moving into stock-specific mode will come from market breadth. The first baby steps towards a stock-specific market is what one should keep an eye on. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
May Auto Sales: TVS Motor posts record monthly sales; EV sales jump 56%
International business was a key contributor to TVS Motor's growth, with total international sales increasing 48.6% to 175,991 units from 118,437 units a year ago. This was the highest-ever monthly sales for the segment.
Gold, silver decline on MCX: Why India prices are under pressure
Gold and silver prices in India drop sharply as global bullion weakens, oil surges and geopolitical tensions rise, investors eye gold ETFs and funds.
Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectations
Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong performances from BFSI, metals, OMCs, technology, telecom and automobiles drove the beat, while oil & gas lagged. The brokerage remains selective, favouring domestic growth-oriented sectors and stocks.
US moves to block Nvidia and AMD AI chip shipments to Chinese firms operating overseas
US tightens AI export controls as fears grow over advanced chips reaching Chinese firms through overseas subsidiaries
Cummins India share price target raised on data centre opportunity; details here
Citi said that profit for the March quarter exceeded expectations, aided by higher deliveries to hyperscale data centre customers. It said that both hyperscaler and colocation demand have strengthened, while non-data centre power generation demand has remained resilient due to multiple end-market drivers.
India remains a compelling investment destination, says BofA's Vikram Sahu
Vikram Sahu, India CEO and Country Executive at Bank of America, remains optimistic about the increasing participation of domestic investors in the equity market. He believes that higher incomes, broader access to financial products and a steady shift of household savings towards equities will continue to drive strong inflows into Indian markets over the long term.
MCX launches Silver 100 futures: How investors can trade the metal with lower capital
Multi Commodity Exchange of India launches Silver 100 futures, offering 100 gram contracts to help retail investors and small jewellers hedge silver price risk.
ACME Solar may launch ₹2,500 crore QIP for growth capex, shareholding compliance: Exclusive
At the end of the March quarter, the promoter entity held a 83.3% stake in ACME Solar. In August 2025, the company's board had approved raising funds to the tune of ₹3,000 crore.
Explained: NSE extends F&O trading by 10 minutes. What changes for traders?
The NSE will introduce the Closing Auction Session (CAS) framework in the equity derivatives segment from August 3, 2026. While market closing time will be extended by 10 minutes to 3:40 pm, the key change is the adoption of an auction-based mechanism to determine closing prices, aimed at improving price discovery and aligning cash and derivatives market settlements.
Persistent Systems shares gain 6% on Eastern Europe expansion to boost AI capabilities
The move is aimed at strengthening Persistent's European nearshore delivery network and enhancing its ability to support enterprises investing in AI-enabled operations, digital infrastructure modernisation and globally integrated business environments.
Pankaj Pandey identifies defence, pharma and consumption as core stock picking themes
Indian equities face a mixed outlook due to potential monsoon deficit and uneven corporate earnings. While rural-linked sectors may see pressure, broader market impact is expected to be contained. Investors are advised to look for selective opportunities in sectors like EMS, paints, and defence technology amid ongoing sectoral divergences.
May Auto Sales: Maruti Suzuki reports highest every figures for the month, beats expectations
According to the Maruti Suzuki India, May marked its highest-ever monthly sales volume, with domestic sales also reaching an all-time high of 1,93,535 units, including light commercial vehicles.
Centre cuts export tax on petrol, diesel and jet fuel from June 1; domestic rates remain unchanged
Amid the ongoing crisis in West Asia, the Central Government revised export taxes on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight.
Coal India reports a 11% drop in its May production but offtake rises to nine-month high
China's Coking Coal futures surged as much as 7% on Monday, extending an rally from last week, when prices had gone up by over 10%.
Aegis Logistics shares rally 4% as Q4 profit rises 45% YoY; Board recommends dividend
Aegis Logistics shares rose sharply after the company reported a 45% year-on-year rise in Q4 FY26 consolidated net profit to Rs 413 crore, supported by strong revenue growth. The board also recommended a final dividend of Rs 6.70 per share, boosting investor sentiment amid robust annual performance.
How tomatoes have become the latest symbol of America's affordability squeeze
Tomato prices in the US have jumped nearly 40 per cent in a year, outpacing most grocery items and becoming a symbol of rising living costs. Experts point to tariffs on Mexican imports, the Iran conflict, and weather-related disruptions as key drivers behind the sharp increase
Zee Entertainment shares surge 20% in 5 days. What's behind the rally?
Zee Entertainment shares rallied 20% over the past five trading sessions, hitting a nearly six-month high and adding more than Rs 1,660 crore to the company's market value. The surge has been driven by expectations that Zee could secure the India media rights for the 2026 FIFA World Cup.
Wockhardt shares jump 45% in five sessions after USFDA approval for key breakthrough drug
The USFDA approved Wockhardt's antibiotic WCK 5222, marketed under the brand name Zaynich, for the treatment of complicated urinary tract infections (cUTIs).
From aircraft ownership to lease resets: IndiGo’s multi-pronged strategy to curb forex risk
Hit by a weaker rupee and geopolitical disruptions, IndiGo is turning to aircraft ownership, lease renegotiations and fleet optimisation to reduce forex exposure and strengthen its balance sheet for long-term growth.
Markets in limbo as US–Iran uncertainty clouds global outlook: Geoff Dennis
Global markets are grappling with US-Iran standoff uncertainty, with conflicting signals leaving investors hesitant. Despite geopolitical tensions, oil prices remain below extreme forecasts, cushioning global markets. Near-term caution is advised due to stretched valuations and inflation concerns, though India's underperformance is linked to weak foreign inflows.
Puravankara signs JDA for Bengaluru project with ₹1,100 crore revenue potential
Puravankara also swung to profit in the March quarter, posting a consolidated net profit of ₹114.2 crore, compared with a loss of ₹85.5 crore in Q4FY25. Its revenue jumped 177.1% year-on-year to ₹1,502 crore from ₹542 crore last year.
Mahindra-Manulife life insurance joint venture secures Corporate Affairs Ministry approval
Mahindra Manulife Insurance to form a 50:50 life insurance joint venture in India, targeting protection gaps with digital, AI driven products.
Inflation and input costs threaten earnings momentum going forward: Dhananjay Sinha
India Inc. delivered strong March-quarter earnings, surpassing market forecasts. Revenue growth improved, supported by cost savings. However, concerns loom over moderating future earnings. Rising input costs and inflation pose challenges. Defence and metals sectors show resilience. Investors are advised to be selective in consumer stocks, favoring those with strong brands and competitive advantages.
Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?
Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector outlooks. Optimism around potential US rate cuts and positive technical signals further fuelled buying in Infosys, Tech Mahindra, TCS and other IT majors.
JM Financial shares tank 8% as Q4 net profit declines 31% to Rs 162 crore
JM Financial's shares plunged 8% following a significant drop in fourth-quarter net revenue and profit. While full-year profit after tax saw a substantial increase, the quarterly performance indicated a downturn, with operating net profit declining. This mixed financial report has investors concerned about the company's short-term outlook.
Inox Wind shares slide nearly 8% after Q4 results; Motilal Oswal cuts price target but says 'buy'
Inox Wind has guided for revenue growth of 75% in financial year 2027 over FY26. Its EBITDA margin guidance for FY27 is between 20% - 22%.
Technical indicators signal caution despite historically positive June performance: Rupak De
Indian equities face potential volatility in June. Technical indicators signal caution, challenging historical seasonal strength. Nifty has broken below a rising trendline, indicating short-term bearish sentiment. Bank Nifty also shows weakness, trading below its 50-day exponential moving average. Investors should monitor key support and resistance levels as uncertainty prevails.
CNBC-AWAAZ hosted Bharat Economic Samvaad on May 26, bringing together India’s top policymakers, business leaders, and economists
CNBC-AWAAZ hosted the Bharat Economic Samvaad in Mumbai on May 26, bringing together top policymakers, industry leaders, and economists to discuss India’s growth journey and the roadmap towards becoming a Viksit Bharat by 2047.
Nvidia enters Windows laptop market, to take on Intel and AMD in PC industry
Nvidia unveils RTX Spark Superchip for AI focused Windows on ARM PCs, partnering with Dell, Lenovo, MediaTek, Microsoft and TSMC to challenge Intel and AMD dominance
Markets poised for a positive run if geopolitical risks ease: Ambareesh Baliga
Market veteran Ambareesh Baliga sees Indian equities well-positioned if geopolitical tensions ease and macro conditions remain supportive. He highlights potential for a US-Iran accord, resilient corporate expectations, and a normal monsoon as key drivers for a positive medium-term outlook, especially for metals and private banks.
NMDC Steel shares jump 18% to record high after returning to profit in Q4, FY26
NMDC Steel shares surged nearly 18% to a 52-week high after reporting a significant turnaround in FY26 earnings. The company returned to profitability with a net profit of Rs 391.91 crore in Q4 FY26, a stark contrast to last year's loss. Revenue also saw substantial year-on-year growth, boosting investor confidence.
SoftBank overtakes Toyota as Japan's most valuable company
Fueled by its significant stake in AI powerhouse OpenAI, SoftBank Group has surged past Toyota to become Japan's most valuable company. The tech investor's market capitalization soared following founder Masayoshi Son's announcement of a massive 75-billion-euro investment in French AI infrastructure, underscoring the booming demand for artificial intelligence technology.
May Auto Sales: Escorts Kubota shares decline despite 19% growth; Here are the near-term headwinds
Escorts Kubota's domestic sales increased 22.5% to 11,887 units in May compared to 9,703 units in the previous year. However, tractor exports declined 35% to 423 units from 651 units in the year-ago period.
Stocks To Buy: Goldman Sachs sees 60% upside for this castings maker on strong earnings ramp-up
For the March quarter, PTC Industries' profitability was largely driven by lower employee costs and other expenses. While employee costs as a percentage of sales fell to 19% from 25% last year, other expenses as a percentage of sales fell to 30% from 40% last year.
Stay the course in equities; pharma and auto ancillaries remain attractive: Devina Mehra
Devina Mehra, Founder, Chairperson and Managing Director of First Global, continues to favour sectors such as auto components, automobiles and pharmaceuticals, which have remained key portfolio themes for more than two years.
Explained: Why Gokaldas Exports, KPR Mill and other textile stocks soared up to 8% on Monday
Textile stocks such as Gokaldas Exports, KPR Mill, Vardhman Textiles and Trident rallied up to 8% after the government exempted cotton imports from customs duty for five months, effective June 1. The move, valid until October 30, is expected to improve raw material availability and lower input costs for textile and apparel manufacturers, particularly small and medium enterprises.
Acutaas Chemicals among 4 stocks that closed crossing above VWAP
On May 29, the closing prices of four stocks in the Nifty500 pack rallied over 1% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.
IREDA shares drop 4% post Q4 results. What’s spooking investors?
IREDA's shares fell over 4% after reporting a nearly 2% year-on-year drop in Q4 FY26 net profit to Rs 493 crore, despite a 14% revenue increase. The company also announced a final dividend of Rs 0.75 per share and is addressing fines from stock exchanges regarding board composition.
Kalpataru Projects shares fall despite securing new domestic and overseas orders worth ₹2,002 crore
Kalpataru Projects International Ltd., in an exchange filing, said it has, along with its international subsidiaries, secured new orders/notification of awards of approximately ₹2,002 crore.
US Stock Market: Jobs data, AI earnings to test Wall Street rally amid inflation risks loom
Investors are closely watching the U.S. jobs report and Broadcom's earnings this week amid concerns that persistent inflation and potential interest rate hikes could derail the strong equity rally. While AI enthusiasm fueled recent gains, economic data and Fed policy expectations remain key drivers for market direction.
Asian Paints shares rally 4% after Q4 results. Here’s what Nomura and Motilal Oswal are saying
Asian Paints shares rose sharply after the company reported a 69% year-on-year jump in Q4FY26 profit and stronger margins. While Nomura reiterated its Buy call with a Rs 3,600 target price, Motilal Oswal maintained a Neutral stance, citing demand uncertainties despite raising earnings estimates and growth expectations.
SoftBank overtakes Toyota to become Japan's most valuable company
In contrast to SoftBank's 80% surge this year, Toyota's shares are down over 10% for the same period, including a 4% drop on Monday as well.
Dipan Mehta sees long-term opportunity in PG Electroplast, Kitex and power plays
Dipan Mehta, Director of Elixir Equities, says India’s air-conditioner outsourcing story remains a strong long-term opportunity, with companies like PG Electroplast and Amber benefiting from rising demand and scale advantages. He is also positive on power transmission players linked to renewable energy growth, sees export opportunities emerging from rupee depreciation, and expects textiles and select pharma names to deliver strong growth despite near-term market volatility.
NSE pre-IPO window to close soon with filing weeks away. Can buying unlisted shares now make you good money?
PSU banks achieved historic profit and NPA lows in FY26, yet analysts favor leading private banks for FY27. This shift is driven by superior earnings compounding potential and a more attractive risk-reward profile amid intensifying deposit pressures and global uncertainty. While PSU banks' structural tailwinds have largely played out, private banks are better positioned for sustained growth.
Marksans Pharma strengthens European presence with €7.5 million QliniQ acquisition
Marksans Pharma said it has signed a definitive agreement to acquire 100% of QliniQ's share capital. The acquisition is expected to bolster the company's forward-integration strategy by providing direct sales, marketing and distribution capabilities in the European Union.
May Auto Sales: Mahindra & Mahindra beats estimates across segments; Here's why the stock is down
M&M's automotive division saw total sales of 99,636 units, higher than the CNBC-TV18 poll estimate of 96,400 units.
PSU bank stocks vs private banks in FY27: The valuation trap you need to avoid
PSU banks achieved historic profit and NPA lows in FY26, yet analysts favor leading private banks for FY27. This shift is driven by superior earnings compounding potential and a more attractive risk-reward profile amid intensifying deposit pressures and global uncertainty. While PSU banks' structural tailwinds have largely played out, private banks are better positioned for sustained growth.
India can weather crude shock, modest RBI rate hikes likely: DBS Group’s Taimur Baig
Taimur Baig, Managing Director and Chief Economist at DBS Group Research expects gradual currency adjustment and modest RBI rate hikes ahead, while warning against disorderly moves. Baig also highlights the resilience of the US economy despite trade and energy shocks, and says AI-driven infrastructure spending is creating long-term productive capacity despite concerns over imports.
Top Nifty50 stocks analysts suggest buying in this volatile week
Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
May Auto Sales: Hyundai Motor India's domestic, export figures miss expectations
Hyundai Motor India's domestic sales for the month of May grew by 9.1% year-on-year to 47,837 units, while exports stood at 13,300 units.
Sensex gains 430 points, Nifty above 23,650; IndiGo, Infosys, Asian Paints among top gainers
Indian stock markets bounced back on Monday. The Sensex and Nifty saw gains of 0.5 percent each. This recovery followed a significant drop in the previous trading session. IndiGo shares led the gains, surging over 4.5 percent after their Q4 results. Broader markets also opened positively, with midcap and smallcap indices rising.
Inox Wind shares in focus after Q4 net profit drops 45% to Rs 106 crore. Should you buy, sell or hold?
Inox Wind shares: The company reported a 45% year-on-year decline in consolidated net profit to Rs 105.68 crore for Q4 FY26, weighed down by lower revenue and higher expenses. Revenue from operations slipped over 2% to Rs 1,244 crore, while total expenses rose more than 5% to Rs 1,162 crore. Total income also edged lower to Rs 1,306 crore during the quarter.
IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are saying
IndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely positive, citing the airline's long-term growth strategy and India's strong domestic aviation demand, with several maintaining 'Buy' ratings and significant upside targets.
Cyient shares gain after company announces $218 million acquisition of Tao Digital
Tao Digital's financials have improved over the last three years: from $19.7 million in CY23, to a 155% surge in CY24 to $50.3 million, which then increased by another 57% to $79.1 million in CY25.
PB Fintech shares in focus after founders sell stake worth Rs 665 crore in Policybazaar parent
PB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman Sachs and Morgan Stanley bought these shares. This follows previous stake sales by the founders. PB Fintech reported strong revenue and profit growth for the January-March quarter. The company's stock has seen significant fluctuations since its IPO.
Rupee edges higher against US dollar, but oil prices and outflow fears weigh
Indian rupee opens stronger at 94.97 against US dollar, defies pressure from rising Brent crude prices, RBI support and FPI flows in focus.
May Auto Sales: Bajaj Auto reports 20% growth led by exports, marginally below estimates
Bajaj Auto has also been in the news after announcing a buyback of equity shares, which it will be carrying out at a price of ₹12,000.
Four pharma stocks that should be on your radar today
Wockhardt received USFDA approval for its antibiotic Zaynich, a drug the company believes could generate annual sales of $1 billion to $2 billion globally. Lupin secured USFDA approval for the generic version of Sutab and will enjoy 180 days of marketing exclusivity in the US market.
Bearish move or buying opportunity? Geojit's Anand James on Nifty levels and top stocks to watch
Market volatility surged following a late-Friday sell-off, with MSCI rebalancing and global cues cited as triggers. Geojit Financial Services' Anand James identifies key Nifty support levels and discusses June series rollover data, IT sector resilience, and top stock picks, emphasizing a cautious start to the week.
Buy financials, healthcare, and manufactured exports; Pramod Gubbi on investing in a tricky market
India's Q4 earnings show recovery signs, with Nifty 100 profits up 13%. However, macro headwinds like rising crude oil prices and a depreciating rupee pose risks. Marcellus Investment Managers identifies three key themes for investors: private sector financials, healthcare, and manufactured exports, highlighting their compelling valuations and structural growth prospects amidst a challenging market.
JSW Dulux among 4 stocks flashing bullish signals, hinting at a possible uptrend
On May 29, four stocks in the Nifty500 appeared on the White Marubozu bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period and the closing price is the highest.Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
Wockhardt shares in focus after FDA approval for antibiotic targeting drug-resistant infections. Check details
Wockhardt will be in focus after the US FDA approved ZAYNICH, a novel intravenous antibiotic combining cefepime and zidebactam for complicated urinary tract infections. The drug targets multidrug-resistant Gram-negative pathogens and showed strong efficacy in Phase 3 trials. The approval highlights growing urgency around antimicrobial resistance and limited treatment options.
Suzlon Energy shares in focus after SEBI fines Rs 29 crore for misleading financial statements
Suzlon Energy and former executives face hefty penalties totaling nearly Rs 29 crore from Sebi for misrepresenting financial health. The regulator found inflated profits and inadequate disclosures through subsidiary transactions. These actions, spanning several years, misled investors about the company's true financial standing and prospects.
Asian Paints' 12-quarter high margins do little to allay fears of bears; Check new price targets
Asian Paints' fourth quarter results have cracked open one of the market's most polarising debates of the year, and the verdict from the street is anything but unanimous.
Tega Industries among 6 stocks showing bullish RSI upswing
On May 29, six stocks in the Nifty500 pack were highlighted in the RSI Trending Up scan based on data from StockEdge.com. It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
Two real estate stocks in the spotlight on Monday after acquiring land in Mumbai, Greater Noida
Godrej Properties won the auction for a residential land parcel in Greater Noida, while Suraj Estate Developers's wholly-owned subsidiary acquired development rights of a prime land parcel in Mahim West, Mumbai.
IREDA reports record FY26 net profit, asset quality improves; stock to react
IREDA reported a record profit after tax of ₹1,873 crore for FY26, while total operating income rose 23% year-on-year to ₹8,337 crore. The company's operating profit increased 33% during the year.
IndiGo posts Rs 2,537 crore loss in Q4 as rupee depreciation and cost pressures bite
India’s largest airline reported a net loss of Rs 2,536.9 crore in the March quarter, compared with a profit a year ago, despite higher revenue and capacity growth.
Coinbase launches in India with direct rupee deposits and withdrawals
Coinbase launches direct INR deposits and withdrawals in India, offering local rupee order books, advanced trading tools and expanded access to crypto markets.
NMDC shares have more 'sell' recommendations than 'buy' after Q4 results; Details here
Of the 23 analysts who have coverage on the NMDC, nine have a "buy" rating, four have a "hold" rating while 10 have a "sell" rating.
Titagarh Rail shares react to Q4 results on Monday; Stock down significantly from 52-week high
Titagarh Rail saw strong margin improvement in its passenger rail business, while the freight business turned out to be a drag yet again.
The only 'bearish' stance on IndiGo after Q4 results even as 80% analysts say 'buy'
Investec retained its 'Sell' rating and ₹4,050 target price on IndiGo. The brokerage said FY26 was impacted by capacity constraints, Middle East-related disruptions, elevated aviation fuel costs and rupee depreciation. It expects earnings pressure to continue in the first half of FY27, citing modest capacity growth guidance and persistent cost headwinds.
MR Maniveni Foods shares to list today. Check GMP ahead of debut
MR Maniveni Foods shares are poised for their debut on the BSE SME platform this Monday. Grey market indicators suggest a flat listing, with shares trading near their issue price. The company's Rs 27 crore IPO saw strong anchor investor interest. MR Maniveni Foods specializes in pulse processing, supplying to business-to-business clients.
Stocks to buy in 2026 for long term: Ashok Leyland, Syrma SGS among 5 stocks that could give 10-20% return
Brokerages remain constructive on a mix of industrial, defence, manufacturing, chemicals and jewellery stocks, highlighting attractive risk-reward opportunities despite recent market volatility.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on May 29, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
Trent nears record date for 1:2 bonus issue: Should you buy shares for bonus reward? Here’s what experts say
Trent's bonus share issue is approaching its record date of June 4. The company will issue one bonus share for every two held. Analysts suggest investors should not buy Trent shares solely for the bonus. Focus should remain on the company's growth and earnings potential. Trent's stock has seen a decline over the past year but shows strong long-term gains.
Gold, silver trade mixed: A look at the factors driving precious metals
Gold prices rise on geopolitical tensions in West Asia as silver slips, with investors eyeing US Iran talks, oil gains, and upcoming US economic data.
Stocks in news: IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, Vedanta
Markets experienced significant volatility on Friday, with indices falling in the final hour due to heavy institutional selling. Several companies like IndiGo, Suzlon Energy, and Patanjali Foods are in focus today. Vedanta received its highest domestic credit rating in over a decade.
Pre-market action: Here's the trade setup for today's session
Indian markets experienced a significant downturn on Friday, with the Nifty closing 1.5% lower due to broad-based profit booking and increased volatility from MSCI index rebalancing. Analysts anticipate range-bound movement next week, though mid and small-cap stocks may continue to outperform. Global sentiment saw some relief from a potential US-Iran ceasefire.
India and Canada continue talks to finalise CEPA trade pact, says MEA
The Ministry of External Affairs says negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA) are ongoing, signalling efforts by New Delhi and Ottawa to deepen trade and investment ties.
Here's why Gokaldas Exports, Welspun Living and other textile stocks are in focus on Monday
The government announced on Saturday that the existing 11% import duty on cotton will remain suspended until October 30.
Corporate India posts 25% profit surge in Q4 FY26, but rising costs squeeze margins
Corporate India's March quarter net profit surged 25.3%, driven by non-operating factors, masking operating challenges like rising input costs that squeezed margins. While FY27 outlook is positive with infrastructure focus, risks include commodity inflation and geopolitical issues. Sector-specific performance is expected, with metals and energy poised for growth.
RBI likely to keep status quo on policy rate as threats loom
A majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This decision comes amid concerns over geopolitical tensions and adverse weather forecasts, which threaten economic growth and could fuel inflation.
South Korea’s export continues strong growth, backs central bank's hawkish stance
South Korea's exports surge over 60% in May on strong semiconductor demand, boosting GDP and trade surplus and backing Bank of Korea's hawkish stance and higher growth forecast
Bernstein names three themes that will lead any market relief rally; Downgrades staples, autos
Based on this thesis, Bernstein has reduced its exposure to consumption-oriented names, by downgrading Consumer Staples and Autos to "underweight", given the limited policy support, inflation headwinds, and signs that the auto demand may have peaked.
Asian shares surge despite Trump's Iran deal caution
South Korea's Kospi index surged 2.4% to hit an all-time high of 8,692.32. Japan's Nikkei 225 index was also up 0.9% at 6.33 am IST.
Momentum in mid-& small-caps to fuel fresh derivatives plays
Mid and small-cap stocks are outperforming, driving activity in stock futures. Analysts highlight GE Vernova T&D India, CAMS, Suzlon Energy, GMR Airports, and Siemens as top derivatives bets for June, citing technical breakouts and positive price action. Conversely, Mahindra & Mahindra shows signs of a fresh short buildup.
Sensex Today | Stock Market LIVE Updates: Nifty looks to hold key supports ahead of RBI policy this week
Sensex Today | Stock Market LIVE Updates: There is still no definitive outcome of the US-Iran negotiations and that remains a key talking point. Oil prices are rebounding this morning as well. A break below the 23,500 mark could open up further downside for the Nifty towards the May series low of 23,262.
Warsh’s favourite inflation gauge cools, but economists warn against celebrating too soon
Dallas Fed’s trimmed mean inflation eased to 2.3 per cent in April, reinforcing Fed Chair Kevin Warsh’s view that inflation is moderating. But economists say the metric may be understating tariff-driven price pressures, painting an overly optimistic picture.
West Asia heat may soon scorch banks' books
Indian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer spending. Higher input costs will impact corporate profits. Small and medium enterprises face significant pressure. Lenders are becoming cautious about lending to this segment. This situation will be visible in upcoming financial results.
NCLAT offers Supreme Housing final chance to settle Canara Bank dues
Supreme Housing promoters have a final opportunity to settle their debt with Canara Bank. The National Company Law Appellate Tribunal has ordered a deposit of ₹460 crore by June 13. This is the third chance for the company to resolve its financial obligations. Failure to meet this deadline will allow the insolvency process to proceed.
Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks want to revive a special deposit scheme for foreign currency non-resident accounts. This could help increase dollar supply. The Reserve Bank of India is considering the proposal.
Share of term deposits below 7% jumps as banks reprice liabilities
Bank term deposits under 7% surged to 61.8% in FY26 due to 125 basis points of policy rate cuts. Depositors shifted to longer maturities, with one-to-three-year tenures rising to 69.8%. Term deposits now form 61.6% of overall deposits, a structural shift from savings accounts.
Nifty has a positive undertone, but Street waits for a decisive breakout
Nifty is trading in a consolidation zone between 23,200 and 24,050. Analysts suggest buying on dips with a target of 23,900. Key sectors like banking and auto are showing strength. Specific stock recommendations include Tata Power, Sona BLW, L&T, Indian Energy Exchange, Nuvama Wealth Management, and Syrma SGS Technology for potential gains.
FPI selling puts June rally at risk, midcaps may march on
Indian equities face a challenging June, with geopolitical tensions and foreign selling clouding the outlook for large caps. Mid and smallcap stocks, however, show potential for continued gains as domestic investors seek opportunities beyond blue chips. Analysts suggest buying dips in June for a potential July rally.
Zydus Lifesciences share buyback opens June 4; Check entitlement ratio and details here
This is the third instance of the company carrying out a share buyback since 2022. The previous one was done back in 2024 at a price of ₹1,005 per share.
Stock Radar: After a 24% correction, Max Healthcare breaks key resistance level; analysts see long-term potential
Max Healthcare Institute Ltd. has broken out of a descending trendline resistance on daily charts, signaling a potential shift in momentum. Experts suggest long-term investors with a high-risk profile consider buying the stock, targeting Rs 1,400 in the next 12 months, with a stop loss at Rs 850.
Market Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped limit downside risks. Investors now await key domestic triggers, including the RBI policy decision and GDP data, while analysts have flagged YES Bank and NBCC as stocks with strong short-term bullish momentum and upside potential.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equity markets ended sharply lower on May 29 amid broad-based selling, MSCI-driven flows and rising volatility. Technical indicators suggest a bearish bias with key support zones in focus. Global cues, monsoon outlook and market breadth will be critical in shaping investor sentiment and near-term market direction.
Stocks to Watch for June 1: IndiGo, Glenmark Pharma, Lupin, NMDC, Textile Stocks in focus
A host of stocks will be in focus on June 1, including IndiGo after its quarterly loss, Glenmark Pharma on strong earnings, Lupin following a US FDA approval, and NMDC after reporting robust revenue growth. Textile stocks may also attract attention after the Centre exempted customs duty on cotton imports until October-end to support the domestic textile industry.
RBI spent on avg over $1 billion daily in two weeks defending the rupee
Latest data from the Reserve Bank of India shows a strong reserve of over $681 billion even after spending over $15 billion in the last 15 days.
ET Alpha Wealth Summit: Will AI disrupt India’s growth story or accelerate it?
Indian market is at a key inflection point as strong macroeconomic fundamentals support long-term growth, while rapid advances in artificial intelligence raise fresh questions on jobs, industries and investment opportunities. The ET Alpha Wealth Summit in Mumbai will host a major debate on whether India’s next decade will be defined by Amritkaal-led growth or AI-led disruption.
9 Midcap stocks with massive upside potential of up to 45%! Do you own any?
Analyst forecasts are more than just numbers; they provide a forward-looking perspective on market potential. For investors looking for the next breakout opportunities, a fresh analysis of Nifty Mid-Cap 100 stocks reveals several compelling prospects.Based on market analysts' consensus estimates, Trendlyne data indicates that several mid-cap stocks are expected to deliver strong returns over the next 12 months. This projected upside reflects the average anticipated gain during this period, offering a data-driven roadmap for investors exploring high-potential mid-cap opportunities. We highlight nine standout mid-cap stocks with an estimated upside potential ranging between 25% and 45% in the coming year.
More macro headwinds on the cards? Tackle them with core principles: 6 pharma stocks with upside potential of up to 28%
There was a time when the Indian pharma story in the US was almost entirely about inspection risk. The US FDA would inspect a plant, a warning letter would follow, shipments would stall. Managements would explain remediation plans. Analysts would estimate lost revenue, how long the corrective action could take, and whether the next inspection would be clean. Today, Sun Pharma has signed a definitive agreement to acquire Organon in an all-cash transaction that values it at an enterprise value of $11.75 billion. The number matters. But the direction matters more.
Trade Setup for June 1: Nifty hovers around key supports with RBI Policy the next major trigger
Investors will closely track the RBI's monetary policy decision next week, along with developments in US-Iran negotiations, crude oil price movements and shipping activity through the Strait of Hormuz.
FPIs' outflow nears ₹33,000 crore in May on weaker rupee
The total outflow by Foreign Portfolio Investors (FPIs) from the equity market has reached ₹2.25 lakh crore in 2026, which is higher than the ₹1.66 lakh crore pulled out during the entire 2025, according to data with the NSDL.
Adani says US legal issues behind it, bets on AI-driven infrastructure boom
In his annual letter to shareholders, Adani said the conglomerate remained committed to expansion despite heightened scrutiny over the past year, adding that matters related to the group’s US legal proceedings were now ”behind us”, allowing it to focus on its next phase of growth.
FPIs' outflow nears Rs 33,000 crore in May on weaker rupee
However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows of Rs 60,847 crore and extended into May with withdrawals of nearly Rs 33,000 crore.
14 penny stocks plunge up to 55% in 2 months. Are you affected?
Over the past two months, 14 penny stocks have witnessed sharp corrections, declining between 15% and 55%. These underperformers were identified through a screen that focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. The screen highlights low-priced, relatively liquid penny stocks that have come under significant selling pressure during the period. (Data source: ACE Equity)Although penny stocks often attract investors with their low entry prices and potential for rapid gains, they come with substantial risks. Due to low liquidity, high volatility and limited transparency, they are prone to manipulation and sudden price drops. Without a clear strategy and strong risk controls, investors may face more losses than gains.
Midcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index peaks
Nippon India Mutual Fund's Rupesh Patel remains constructive on midcaps despite concerns over valuations, citing resilient earnings growth and improved valuation comfort after a prolonged time correction. He favours financials, consumer discretionary and select industrials, while emphasising a bottom-up stock-picking approach to navigate geopolitical and macroeconomic uncertainties.
Two Trades for Today: A realty major for an 8.3% upmove, a large-cap IT stock for a gain of almost 6%
Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.
'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SAT
Suzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged accounting and disclosure violations related to FY14-FY18. The company will appeal before the Securities Appellate Tribunal, while Sebi maintains that certain transactions and disclosures misrepresented its financial position.
Patanjali Foods Q4 Results: Profit jumps 46% to Rs 524 crore despite margin pressure
Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. While revenue expanded across key segments, higher raw material, packaging and freight costs weighed on margins. The company also continued expanding its oil palm cultivation and export footprint.
Zepto shares crash 30% in unlisted market despite Sebi nod for IPO. What's cooking?
Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decline reflects broader weakness in pre-IPO valuations, macro uncertainty and funding pressures, even as the quick commerce firm prepares for a high-profile public issue amid intense competition.
Mcap of 7 of top-10 valued firms erodes by Rs 1.54 lakh cr; Reliance takes biggest hit
In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.
Patanjali Foods Q4 Results: Profit jumps 46% to Rs 524 crore despite margin pressure
Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. While revenue expanded across key segments, higher raw material, packaging and freight costs weighed on margins. The company also continued expanding its oil palm cultivation and export footprint.
Why Indian investors need global exposure today
With the rupee weakening and structural pressures from oil, capital outflows and inflation differentials persisting, Indian investors face currency risk in domestic-only portfolios. The article argues for global diversification, highlighting how dollar assets provide both return potential and currency protection, making international exposure a strategic necessity.
Market Outlook: US-Iran talks, crude oil among 5 factors to drive D-St in first week of June
Markets brace for a crucial week. Investors watch US-Iran peace talks closely. Crude oil price drops also impact sentiment. Foreign investors sold heavily, impacting Indian equities. The Rupee shows strength against the US Dollar. Technical indicators suggest a lack of strong trend. Geopolitical and economic developments will drive market sensitivity.
Micron is one of the most overbought stocks after this week’s rally to new highs
Stocks ended the week higher, boosted by gains in the technology sector and optimism over a ceasefire extension in the West Asia, and all three major market averages scored new intraday and closing records on Friday.
Why do smart investors still lose money? Bernard Baruch’s guide to investing discipline
Even seasoned investors lose money due to behavioural biases, poor timing, and overreaction to market noise. Drawing on Bernard Baruch’s principles, the piece highlights how discipline, patience, and rational decision-making matter more than intelligence in navigating volatility, avoiding emotional traps, and achieving long-term success in equity markets.
Bonus issues, dividends and more: Reliance Industries, Trent among 20 stocks turning ex-date this week
Reliance Industries, Trent, and 18 other stocks are set to turn ex-date this week for corporate actions including dividends and bonus issues. Investors must hold shares by the record date to be eligible. Key events include Anand Rathi Wealth's 1:1 bonus and Trent's 1:2 bonus issue.
20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheap
Most investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a screen, sort by it, and start picking from the bottom. It is the habit of a lifetime, and it is wrong more often than they realise. But add a single letter to the ratio and it changes which stocks look cheap, which look expensive, and which look like a trap. In a market that has gone nowhere for 20 months, getting that distinction right has rarely mattered more.
RBI eyes bigger role for e-rupee in welfare payouts, cross-border transactions
The RBI plans to expand the use of the digital rupee in welfare payouts and cross-border transactions, while also scaling CBDC pilots and financial cloud infrastructure despite a decline in retail e-rupee circulation
TTK Prestige doubles induction cooktop capacity, says demand surge is ‘here to stay’
TTK Prestige expects induction cooktops to become a larger contributor to its business as consumer adoption accelerates, prompting the company to expand production capacity two-fold amid sustained demand momentum.
Poly Medicure targets 20% FY27 growth as it expands high-tech device portfolio
Poly Medicure expects its Europe business to recover and international revenue to grow 15% in FY27 as the medtech company accelerates development of advanced cardiology and orthopaedic devices to reduce import dependence and expand globally.
Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoY
Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The company's EBITDA declined 46%. For the full year, profit after tax decreased 56%. Jupiter Wagons shares have seen a decline. Indian Railways plans a large tender for freight wagons.
Sarda Energy expects strong Q1 FY27, eyes debt-free status by June: Nilay Joshi
Sarda Energy & Minerals said its power operations have stabilised after planned shutdowns, with stronger seasonal power demand expected to support Q1 FY27 performance as the company advances expansion and debt reduction plans.
Gokaldas Exports says tariff hit to Q4 margins was temporary, order pipeline remains strong
Gokaldas Exports said demand visibility remains healthy with bookings secured till Q2 FY27, while supplier consolidation and easing tariff pressures are helping the company strengthen its position in key export markets.
F&O Talk: Nifty may stay range-bound; Sudeep Shah sees opportunities in banks, IT, picks 7 stocks
Indian stock markets experienced a sharp selloff on Friday, with Sensex and Nifty dropping over 1%, driven by passive fund flows from MSCI index reshuffles. Volatility surged as the market lost Rs 6 lakh crore in capitalization. Analysts suggest caution amid indecisiveness and a lack of strong directional momentum.
Triveni Engineering Q4 profit falls to Rs 167.4 crore; FY26 profit rises 12.8%
Triveni Engineering & Industries reported a consolidated net profit of Rs 167.4 crore for Q4 FY26, a decrease from Rs 187.1 crore in the prior year. For the full FY26, revenue grew 11.9% to Rs 7,620.9 crore and net profit rose 12.8% to Rs 268.7 crore. These results incorporate the amalgamation of Sir Shadi Lal Enterprises, effective April 1, 2025.
F&O Talk: Nifty may stay range-bound; Sudeep Shah sees opportunities in banks, IT, picks 7 stocks
Indian stock markets experienced a sharp selloff on Friday, with Sensex and Nifty dropping over 1%, driven by passive fund flows from MSCI index reshuffles. Volatility surged as the market lost Rs 6 lakh crore in capitalization. Analysts suggest caution amid indecisiveness and a lack of strong directional momentum.
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%
Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by new products like Micro LAP and home loans. Geographic expansion into new states is also planned. Technology investments will enhance efficiency. Shalibhadra Finance is positioning itself for significant growth in the retail finance sector.
Zara's India FY26 profit falls 32% to Rs 204 crore; revenue slips
Zara's India profit saw a significant 31.9% drop to Rs 204.14 crore in FY26, with revenue also declining slightly. This comes as Trent Ltd reduced its stake in the joint venture operating Zara stores in India. Meanwhile, another JV, Massimo Dutti, reported revenue growth.
Triveni Engineering Q4 profit falls to Rs 167.4 crore; FY26 profit rises 12.8%
Triveni Engineering & Industries reported a consolidated net profit of Rs 167.4 crore for Q4 FY26, a decrease from Rs 187.1 crore in the prior year. For the full FY26, revenue grew 11.9% to Rs 7,620.9 crore and net profit rose 12.8% to Rs 268.7 crore. These results incorporate the amalgamation of Sir Shadi Lal Enterprises, effective April 1, 2025.
NSE Social Stock Exchange gets CSR boost as MCA clears corporate funding route. Check details
India's Social Stock Exchange receives a significant boost. Companies can now channel a portion of their Corporate Social Responsibility spending through this platform. This move aims to broaden funding for non-profit organizations. It also enhances transparency and accountability within the social impact sector. The Ministry of Corporate Affairs has amended rules to facilitate this change.
Dalal Street Week Ahead: Nifty stuck in consolidation zone; 23,800 remains key breakout hurdle
Markets experienced volatility and ended the week with a modest loss, primarily due to MSCI rebalancing flows. Nifty consolidated within a range, with immediate resistance at 23,800 and support at 23,300-23,400. Traders are advised to maintain a selective approach and protect gains.
Sunil Singhania’s Abakkus Portfolio: 6 stocks rally up to 75% in CY26; 5 new buys added in Q4
Investors closely track the portfolios of leading market participants on Dalal Street. In this context, ETMarkets analysed the investment holdings of veteran investor Sunil Singhania's Abakkus Asset Manager, a prominent Indian investment firm. Based on the latest shareholding data for the March 2026 quarter, Abakkus holds stakes in nearly 32 listed companies, with a combined portfolio value of around Rs 2,742 crore as of May 29, 2026. This represents an increase of approximately 6% from Rs 2,577 crore reported at the end of December 2025. The analysis includes only those companies in which the investor holds more than a 1% stake and may not represent the entirety of the portfolio.A closer look at the portfolio's CY26 performance reveals that a majority of the stocks have delivered negative returns. Among them, seven stocks have declined by more than 20% in the first five months of the year. On the other hand, a handful of holdings have emerged as strong performers. We highlight the top six gainers in the portfolio, which have rallied between 20% and 75% so far in CY26. The portfolio also witnessed six new additions during the March 2026 quarter. (Data Source: ACE Equity, Trendlyne).
FIIs pull out massive Rs 20,637 crore in single day on Friday. What led to this sharp exit?
Foreign portfolio investors offloaded Indian equities worth a net Rs 20,637 crore on Friday, marking one of the sharpest single-day selloffs. This significant outflow coincided with the MSCI index rebalancing, leading to heightened trading volumes and prompting questions about the role of high-frequency trading in amplifying market movements.
Concurrent Losers: 14 smallcap stocks decline for 5 consecutive sessions
Over the five trading sessions ending May 29, the Sensex declined about 408 points to close at 74,775, with the benchmark index falling in three of the five sessions. Amid this broader market weakness, 14 stocks in the BSE SmallCap index posted continuous declines throughout the period, recording cumulative losses of up to 15%.
NSE extends equity F&O segment timings till 3:40 pm from August
The National Stock Exchange (NSE) will extend equity derivatives trading hours by 10 minutes, with the market now closing at 3:40 pm, effective August 3, 2026. Pre-open and normal market opening times remain unchanged. The volume-weighted average price for closing prices will still be based on the last half-hour of trading.
Why a flexible asset allocation approach beats static exposure over the next 3 years: ICICI Pru AMC’s Ihab Dalwai
Indian markets are trading high. Relying on one asset class is risky. A flexible asset allocation strategy is recommended for the next three years. This approach will shift capital between equities, debt, and commodities. The goal is to achieve better risk-adjusted returns. This dynamic strategy adapts to market conditions for smoother outcomes.
NSE to extend equity derivatives trading hours by 10 minutes from August 3
The exchange said the change has been introduced to align derivatives market timings with the revised closing auction framework in the cash market.
ET Alpha Wealth Summit: Learn the secrets of finding alpha & what it takes to build a Rs 100 crore portfolio
Investors and experts are set to gather in Mumbai on June 4 for the ET Alpha Wealth Summit. The event will focus on finding hidden market opportunities and building substantial portfolios. Discussions will cover strategies for consistent excess value and scaling wealth to ₹100 crore. Practical takeaways will guide attendees in navigating complex markets for long-term returns.
FPIs remain net sellers for 3rd straight month, offload Rs 32,963 cr worth equities in May: NSDL data
Foreign Portfolio Investors (FPIs) continued their selling streak in Indian equities in May, with net outflows amounting to Rs 32,963 crore during the month, according to data shared by the National Securities Depository Limited (NSDL).
Coal India, ONGC, among 10 stocks with highest increase in government holding in Q4. Do you own any?
Amid continued volatility in broader markets, government-backed companies in the power, energy and metal space saw a sharp rise in the value of GOI holdings during the March 2026 quarter. Here are 10 stocks which saw the highest increase in Q4.
LIC, HAL, among 10 stocks that saw sharpest decrease in government shareholding in Q4. Check list
Amid persistent foreign investor selling, heightened geopolitical uncertainty and volatility across domestic equities, the value of the Government of India’s holdings in several major listed companies witnessed a sharp decline during the March 2026 quarter. Here are top 10 stocks.
Why a flexible asset allocation approach beats static exposure over the next 3 years: ICICI Pru AMC’s Ihab Dalwai
Indian markets are trading high. Relying on one asset class is risky. A flexible asset allocation strategy is recommended for the next three years. This approach will shift capital between equities, debt, and commodities. The goal is to achieve better risk-adjusted returns. This dynamic strategy adapts to market conditions for smoother outcomes.
ICICI Bank, AU Small Finance Bank top picks as banking sector gears up for earnings revival
India's banking sector is poised for a strong earnings rebound. Profit growth is set to recover significantly over the next two years. Private lenders are expected to lead this growth. Deposit competition presents a near-term challenge. Asset quality risks appear manageable. The sector is transitioning to a differentiated growth narrative.
Wall Street rides high into June on hopes that the war will soon come to an end. Here's what's ahead
The stock market continues to bet on some sort of resolution being found with Iran. But there is also no shortage of other risks heading into a new month.
Dell shocks Wall Street with booming AI server sales. Where analysts see it headed next
Dell reported blowout fiscal first quarter results on Thursday thanks to booming AI server demand, leading many analysts to raise their price targets.
Why the stock market has begun to climb the wall of worry
Markets often climb despite worries. In 2020, markets rose before economic recovery became clear. Now, in 2026, a similar pattern emerges amid geopolitical tensions. Investor behavior shows learning, with capital stepping in during fear. While risks remain, markets may have already priced in much of the concern. History shows markets lead sentiment, adjusting prices before certainty arrives.
Wall Street ends at record highs as ceasefire hopes and AI rally fuel gains
The S&P 500 has now rallied nearly 20% from its March lows and recorded its ninth consecutive week of gains, marking its longest weekly winning streak since 2023 and one of the strongest such runs in recent decades.
Sebi drops case against NDTV for disclosure lapse
The Securities and Exchange Board of India has closed its case against NDTV. This action relates to alleged disclosure failures concerning a 2018 order involving Vishvapradhan Commercial. No penalty was imposed on NDTV. The Securities Appellate Tribunal had previously ruled that VCPL did not gain control of NDTV. This ruling removed the basis for the disclosure requirement.
Sebi imposes penalty on Suzlon, executives for misstating financials
The Securities and Exchange Board of India has fined Suzlon Energy and its top executives ₹29 crore. This action follows allegations of misleading investors by misstating financial statements between FY14 and FY20. Sebi's investigation revealed questionable transactions, including the sale of a business at an inflated price.
FSIB picks Lavanya Mundayur to head New India Assurance
Lavanya Mundayur, CMD of Agriculture Insurance Company of India, has been recommended by the Financial Services Institutions Bureau (FSIB) to lead New India Assurance Company Limited (NIACL). Mundayur, 57, is set to begin a term of approximately three years, concluding her tenure in May 2029 upon reaching retirement age.
IIFCL PAT falls 13% on forex volatility in FY26
India Infrastructure Finance Company Limited (IIFCL) witnessed a 13.3% decline in its profit after tax, falling to ₹1,379 crore in FY26 from ₹1,590 crore in FY25. This downturn was attributed to significant foreign exchange fluctuations impacting the company's financial performance.
MSCI index rejig, US-Iran deal worries spook Dalal Street
Indian stock markets experienced a significant drop on Friday, with major indices closing lower. This decline was largely driven by outflows related to MSCI index rebalancing. Despite a tentative ceasefire extension between the US and Iran easing oil prices, market sentiment remained subdued. Foreign investors were net sellers, while domestic institutions provided some support.
CSR norm tweak to boost social stock exchanges
Companies can now allocate up to 10% of their annual CSR spending via zero coupon zero principal instruments from not-for-profit organizations listed on social stock exchanges. This move aims to boost social stock exchanges by attracting more investors and encouraging companies to engage in vetted, outcome-oriented social projects.
RBI warns West Asia war may hurt India growth outlook
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 22%
As the market grappled with confusion over the Strait of Hormuz, there was more trouble for the bulls. After a few days of respite, another round of focused selling was visible. But market history tells us that, just like good news is priced in, even negative news gets priced in. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Space stocks' hype gets reality check with Blue Origin blowup
The Jeff Bezos-backed firm’s New Glenn rocket blew up Thursday evening while undergoing a test on a Florida launchpad, ahead of plans for it to deploy satellites for Amazon.com Inc.’s Leo, a rival network to SpaceX’s Starlink.
Supreme Court provides relief to Reliance in 2007 securities market fraud case
Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This order had alleged manipulative trading practices by the company. The Supreme Court directed SEBI to refund 2.5 billion rupees to Reliance. The case involved a stake sale in Reliance Petroleum Ltd.
NMDC Q4 profit jumps 36% as iron ore and steel business powers growth
Revenue surges 62% YoY to ₹11,343 crore, while shares close over 4% lower ahead of earnings announcement
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy
PB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by various institutional investors, including Goldman Sachs and Tata Mutual Fund, following the company's recent performance.
BOJ may pause bond tapering in 2027 as market volatility and fiscal concerns mount
Japan's central bank is increasingly leaning towards pausing its bond-buying reduction programme next fiscal year as rising yields, market volatility and political pressure complicate efforts to unwind years of extraordinary monetary stimulus.
Glenmark Pharma Q4 net profit zooms to ₹301 crore; recommends 250% dividend
Glenmark's Q4FY26 profit surged to ₹301.4 crore, marking a rise of over 6,400% from ₹4.6 crore a year earlier. Shares of Glenmark Pharmaceuticals Ltd ended at ₹2,274.25, down by ₹108.40, or 4.55%, on the BSE today, May 30.
Sebi appoints Upma Chawdhry as MSE chairperson, only woman currently to head an Indian market infra institution
SEBI approved retired IAS officer Upma Chawdhry as chairperson of the Metropolitan Stock Exchange of India. She is the only woman currently heading an Indian market infrastructure institution, bringing extensive expertise in governance and public policy to the exchange.
Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalised
SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to disclose contingent liabilities, actions deemed serious violations of market regulations and disclosure norms.
Olectra Greentech Q4 profit more than doubles to ₹56 cr on strong revenue, margins growth
The company's revenue increased 44% YoY, margin expanded to 15.5% while EBITDA rose 76%; the board recommended a final dividend of ₹0.60 per share. Shares of Olectra Greentech closed 3.97% lower at ₹1,179 on the NSE on Friday, May 29.
S&P 500, Nasdaq hit record highs as US-Iran ceasefire talks lift sentiment
S&P 500, Nasdaq and Dow hit fresh highs as US Iran talks and ceasefire hopes lift sentiment, oil prices ease, and Dell Technologies surges on strong AI demand
FPI ownership in TSMC alone is double their holdings in Indian equities
TSMC nears $2 trillion valuation, driving Taiwan to fifth largest market and boosting growth, while Samsung and SK Hynix dominate Korea, raising concentration concerns.
Lupin gets US approval for colonoscopy prep drug, wins 180-day exclusivity
Lupin said it has received approval from the United States Food and Drug Administration (US FDA) for its abbreviated new drug application for Sodium Sulfate, Magnesium Sulfate, and Potassium Chloride Tablets, 1.479 g/0.225 g/0.188 g.
PNC Infratech bags ₹302-crore order from AAI in Uttarakhand
The scope of the order includes works at Pantnagar Airport in Uttarakhand on an EPC basis. Shares of PNC Infratech Ltd ended at ₹203, down by ₹9.05, or 4.27%, on the BSE today, May 29.
Power Grid acquires Tumkur II RE Transmission for ₹15.5 crore
The acquisition was completed under the tariff-based competitive bidding (TBCB) process through a bid process coordinator. Shares of Power Grid Corporation of India Ltd ended at ₹289.75, down by ₹10.40, or 3.46%, on the BSE today, May 29.
Lumax Auto Tech Q4 profit jumps 51%; board approves stake buy in Lumax FAE
Auto components maker Lumax Auto Technologies reported a 51% year-on-year rise in consolidated net profit for the fourth quarter at ₹88.1 crore, compared with ₹58.4 crore in the corresponding period last year, aided by strong revenue growth and improved operating performance.
Sebi eases nomination rules for demat accounts, mutual funds. Check full details
SEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holders unless opted out, but optional for joint accounts. The process is simplified, reducing documentation and enabling digital submissions.
France inflation cools slightly, economy slips into contraction amid energy shock
France’s inflation eased slightly to 2.8 per cent in May, but the economy unexpectedly contracted in the first quarter as rising energy prices and weakening exports intensified pressure on Europe’s slowing economy
Moody's upgrades Reliance Industries rating to Baa1, now 2 notches above India's sovereign rating
The ratings agency said Reliance benefits from "counter-cyclical business segments, significant international exposure (with over one-third of revenues derived from exports), and limited reliance on government-linked revenues," which support its ability to generate stable earnings across business cycles.
Sebi drops disclosure case against NDTV, closes proceedings without penalty
Sebi has closed adjudication proceedings against NDTV without penalty, concluding the company did not violate disclosure requirements. The decision follows a 2022 Securities Appellate Tribunal ruling that the 2009 loan agreement did not constitute a change in control.
Concord Biotech Q4 profit slides 37%, margins shrink; declares ₹7.55 dividend
The board recommended a dividend of ₹7.55 per share dividend. Shares of Concord Biotech closed 4.46% lower at ₹1,050.60 on the NSE on Friday, May 29.
Solar Industries & 8 largecaps hit fresh 52-week high;stocksrally up to 20% in a month
Benchmark Sensex declined by 1,092 points to settle at 74,775 on Friday. Despite the weakness in the broader market, nine stocks from the BSE 100 Large-cap TMC index touched their 52-week highs, reaching their highest levels in the past year. Hitting a 52-week high is typically considered a bullish indicator, reflecting strong investor sentiment and signalling potential for further gains.
Inox Wind Q4 Results: Profit slumps 45% to Rs 106 crore
During January-March, the company's total income from operations also fell to Rs 1,305.50 crore from Rs 1,310.65 crore a year earlier.
SEBI imposes ₹29-crore penalties on Suzlon Energy and executives in OMS slump sale case
Besides the ₹15.95 crore on the company, SEBI also imposed penalties on key officials — ₹5.75 crore on Vinod R. Tanti, ₹5.45 crore on Girish R. Tanti, ₹1.5 crore on Kirti J. Vagadia, and ₹30 lakh on Amit Agarwal — bringing total penalties across entities and individuals to over ₹29 crore.
Who is Hemant Taneja? The Indian-origin investor backing Anthropic’s AI rise
Indian-origin investor Hemant Taneja, CEO of General Catalyst, is making Silicon Valley’s biggest AI bet yet by backing Anthropic’s rapid rise in the global artificial intelligence race
ET Alpha Wealth Summit: Mapping the road to India’s next growth wave
India's strong economic growth faces scrutiny as global conditions remain uncertain. The ET Alpha Wealth Summit on June 4 in Mumbai will feature top economists and finance experts to analyze the durability of India's growth momentum. Discussions will cover consumption vs. investment-led growth, private capex revival, and wealth creation opportunities.
Dow, S&P 500, Nasdaq futures edge higher as oil prices fall
US stock futures edged higher on Friday as investors tracked developments around the fragile US-Iran ceasefire, while oil prices declined amid easing supply concerns. Markets also awaited further updates on negotiations between Washington and Tehran.
Trump on a US $250 bill soon? Why this won't be easy to do
The proposal to place US President Donald Trump on a new $250 bill for America's 250th anniversary will face legal hurdles under American law as Treasury Secretary Scott Bessent confirmed design preparations
Investors watching the Nifty may be missing the real rally: Ravi Dharamshi
ValueQuest CIO Ravi Dharamshi says weak benchmark indices are hiding a strong rally in industrial and manufacturing stocks driven by India’s capex and infrastructure cycle.
JSW Steel arm retains successful bidder status for Colour Roof India
The company said JSW Steel Coated Products Ltd continues as the successful resolution applicant for Colour Roof India Ltd following the Committee of Creditors' approval. Shares of JSW Steel Ltd ended at ₹1,279.20, down by ₹30.35, or 2.32%, on the BSE today, May 29.
Inox Wind Q4 profit falls amid margin pressure; guides for strong FY27 growth
Inox Wind reported a sharp decline in fourth-quarter profit and margins, even as the company maintained strong FY27 growth guidance backed by a 3.1 GW order book and improving execution outlook.
IndiGo swings to ₹2,536 crore loss in Q4 as forex hit and higher costs hurt earnings
IndiGo reported a ₹2,536 crore quarterly loss as foreign exchange losses, high fuel costs and weaker operating margins overshadowed modest growth in passengers and revenue.
IndiGo Q4 Results: Co reports loss of Rs 2,536 crore vs profit a year ago
IndiGo Q4 Results: The budget carrier's revenue from operations rose by a marginal 1% to Rs 22,438 crore.
Mishra Dhatu Nigam Q4 net profit jumps 39% amid record turnover; declares ₹1.25 dividend
The board also recommended a final dividend of ₹1.25 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting. Shares of Mishra Dhatu Nigam Ltd ended at ₹420.65, up by ₹4.60, or 1.11%, on the BSE.
Raghuram Rajan pours cold water on AI mania, warns not every player will survive
While AI will transform the nature of work, former RBI Governor Raghuram Rajan says expectations of quick, outsized profits may be misplaced, warning that debt-funded AI firms face significant risks if adoption slows or regulation tightens.
Natco Pharma shares crash 15% after weak Q4 results; net profit tanks 34% YoY
Natco Pharma shares plunged after the company reported a steep fall in fourth-quarter profit, revenue and EBITDA. Weak operating margins and lower annual earnings weighed on investor sentiment despite a one-time tax-related benefit recorded during the quarter and full financial year.
India’s AI deficit narrative may be exaggerated
The lack of AI argument holds true all countries except four: the US, China, South Korea, and Taiwan. However, the fund outflow from Indian equities has been a lot more than other countries.
China exports are getting costlier — and the oil shock, AI boom are partly to blame
China’s export prices rose at the fastest pace in a year as higher oil costs and surging AI-driven semiconductor demand fuelled a new wave of export inflation, signalling changing global trade and supply chain dynamics
India fund outflows deepen as global investors rush back to US tech
Elara Capital’s latest global liquidity tracker shows the first visible cracks in the broader AI rally that had lifted markets such as Taiwan, South Korea and Brazil over the past year.
Friday rout drags Sensex, Nifty into weekly loss; benchmarks fall nearly 2%
Benchmark indices fell nearly 2% each during the session, while the Nifty Bank and Midcap indices declined more than 1%. Market breadth remained weak with the advance-decline ratio at 1:2.
Bank RoA to slip 10-15 bps to 1.15-1.2% this fiscal for 2 reasons: Crisil
Indian banks’ RoA is expected to ease to 1.15–1.2% this fiscal from 1.3% last year, driven by lower treasury income and higher pre-emptive provisioning ahead of the ECL framework. Despite the dip, margins remain stable, and asset quality risks are contained, keeping overall profitability broadly resilient.
Why is market crashing today? Sensex sinks over 1,100 points, Nifty below 23,550. 4 key factors
The Indian stock market experienced a sharp crash on Friday afternoon, with the Sensex and Nifty declining over 1% each. Persistent FII selling and other factors contributed to the downturn, causing significant drops in major indices and leading sectors like Oil & Gas and Auto. IndiGo shares were among the top losers ahead of its Q4 results.
FACT Q4 Results: Stock slides as weak margin offset strong revenue growth
FACT reported a sharp fall in fourth-quarter profit despite strong revenue growth, as operating margins contracted significantly year-on-year, extending pressure on profitability seen in the previous quarter.
Nifty earnings growth slashed to 8.5% from 14%; no comfort in valuations still: Amish Shah
BofA Securities warns Indian equities face rich valuations and halved earnings growth outlook, projecting market gains to mirror profit expansion. Elevated valuations over emerging market peers and domestic bonds suggest limited upside, with returns likely in the 8-9% range. Steady domestic investor flows are expected to prevent sharp corrections, favoring a sideways market movement.
Netweb Technologies jumps 15%, hits fresh 52-week high after rating upgrade
Netweb Technologies shares jumped over 15% to a fresh 52-week high. This rally follows a ratings upgrade by CRISIL Ratings Limited. The company's long-term rating moved to Crisil A+ Stable. CRISIL expects sustained revenue growth and steady operating margins. Efficient working capital management is also a positive factor. Netweb Technologies offers computing solutions with integrated design and manufacturing.
CV demand cycle intact despite fuel price volatility and sentiment swings: Shenu Agarwal, Ashok Leyland
Ashok Leyland navigates a challenging cost environment with selective price hikes and internal controls amid stable demand. While input costs remain volatile, the company sees resilient commercial vehicle demand driven by replacement needs and policy support for EVs. Exports are expected to recover soon, and the defence business shows strong growth.
Dollar weakens, Brent crude slides on reports of US-Iran ceasefire extension
The US dollar weakened and oil prices extended weekly losses after reports suggested Washington and Tehran were close to extending a ceasefire and reopening shipping through the Strait of Hormuz, easing fears over global energy supplies
Natco Pharma Q4 Results: Stock falls 9% as revenue drops 40%, margin shrinks
Natco Pharma reported a sharp decline in fourth-quarter revenue and operating profit, while margins contracted significantly year-on-year. The company’s shares fell over 9% following the earnings announcement.
Asian Paints' board announces Rs 23/share dividend, sets June 23 as record date
Asian Paints Dividend: The company has fixed June 23, 2026, as the record date to determine shareholders eligible to receive the final dividend. Including the interim dividend of Rs 4.50 per share declared in November 2025, the total dividend payout for FY26 stands at Rs 27.50 per equity share.
Tega Industries Q4 Results: Stock jumps 10% despite sharp margin contraction
The company reported a 58.3% year-on-year decline in net profit to ₹42.5 crore for Q4FY26, compared to ₹102 crore in the corresponding quarter last year.
Explained: Why Netweb Technologies shares surged 15% today
Netweb Tech counts global technology leaders such as Nvidia, Samsung, AMD and Intel among its key partners, relationships that Crisil said provide access to technology roadmaps well ahead of market launches.
Asian Paints Q4 Results: Net profit surges 69% YoY to Rs 1,172 crore, revenue rises 11%
Asian Paints Q4 Results: The paint-maker’s revenue from operations, meanwhile, rose 11% YoY to Rs 9,228.46 crore during Q4 FY26, as compared to Rs 8,349.59 crore in the year-ago period.
Asian Paints Q4 Results: Domestic decorative volume growth at seven-quarter high, margins expand
Asian Paints' EBITDA margin expanded by over 200 basis points to 19.3% from 17.2% last year. The CNBC-TV18 poll had pegged the figure at 18.2%.
Ipca Labs Q4 aided by strong India business, export growth; ₹6 dividend declared
Ipca Laboratories reported healthy fourth-quarter growth in revenue and operating profit, supported by strong performance in domestic formulations and exports, while margins improved year-on-year on better operational performance.
The drone market is about to go parabolic because of AI and war. How to play it
Analysts pointed to companies like AeroVironment and Kratos Defense & Security Solutions as potential beneficiaries of growing drone demand.
HFCL shares soar 17% in two days, rally 170% in 2026. Should you buy, sell or hold?
HFCL shares have surged 17% in two days and an impressive 170% in 2026, driven by strong earnings recovery, major defence orders and growing demand for optical fibre amid the global AI boom. Analysts say the stock remains a high-risk, high-reward bet, with sustainability hinging on order momentum and execution strength.
Banks, pharma, IT: Where this CIO is placing his bets right now
Ajit Banerjee, CIO of Shriram Life Insurance, says weak monsoon forecasts, rising food inflation and elevated crude oil prices could keep markets volatile in the near term. Despite global uncertainty, he remains cautiously optimistic on India, favouring large-cap banks, pharma, IT, FMCG and upstream oil & gas stocks. Banerjee believes India can still deliver returns if crude remains in the $85-90 range and earnings growth improves.
Ola Electric shares jump 9%, skyrocket 93% in 2 months. What's fuelling the rally?
Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterly loss and showed signs of sequential improvement in volumes and market share. Brokerages remain cautious on the long-term recovery outlook, citing rising competition, execution challenges and the need for sustained operational improvements.
EU mulls bolstering trade defences as China threatens key sectors
The EU executive is set for much-heralded talks Friday on ramping up Europe's trade defences to shield critical industries from Chinese rivals -- with a growing chorus pressing for a crackdown.
Multibaggers: 15 stocks with 25%+ sales and profit growth in Q4 March 2026
Strong growth in sales and profits indicates that a company is becoming more efficient, expanding its business, and generating higher earnings. It is a key indicator of financial health and often supports sustained gains in stock prices.A recent ETMarkets analysis identified a group of companies where both business performance and stock prices have risen together. The study covered non-financial companies with a market capitalisation above Rs 2,000 crore and quarterly sales exceeding Rs 100 crore in the March 2026 quarter. It further filtered companies that reported at least 25% year-on-year growth in both sales and profits for the same period.After applying these criteria, around 124 stocks were shortlisted. Of these, about 20 turned into multibaggers within a year, meaning their value more than doubled. The analysis highlights the top 15 stocks that gained between 125% and 615%, driven by strong sales and profit growth in the latest quarter. (Data Source: ACE Equity)
BEML Q4 Results: PSU stock slides after weak operating performance
BEML's capex reached an all-time high of ₹379 crore, while R&D investments increased by 150% from the year-ago period, rising to 6.25% of overall topline, compared to 2.57% last year.
RBI revives plastic currency plan, eyes polymer banknotes pilot amid rising cash demand: Report
The Reserve Bank of India is reviving plans to introduce polymer banknotes, with a pilot project likely soon amid rising cash demand, soaring printing costs and concerns over durability of paper currency
BofA sees no Fed hikes this year, says India’s deficit concerns are overstated
Claudio Irigoyen, Head of Global Economics Research at BofA Global Research, said concerns over India’s current account deficit may be exaggerated, as the widening gap is being driven mainly by higher investments and machinery imports rather than unsustainable consumption.
Steel Strips Wheels reports flat Q4 profit, revenue rises 19.5%
Revenue from operations rose 19.5% year-on-year to ₹1,474 crore during the quarter, up from ₹1,234 crore in the corresponding quarter of the previous financial year.
Jyoti CNC Q4 Results: Stock slides 9%, extends 2026 loss, after FY26 topline misses guidance
Higher operating costs and finance expenses impacted the Jyoti CNC's profitability during the quarter. On a standalone basis, finance costs more than tripled year-on-year to ₹19.4 crore from ₹6.1 crore, while employee and other operating expenses also remained elevated.
PC Jeweller shares soar 14% on Q4 PAT jumps 58% YoY, strong management commentary
Shares of PC Jeweller surged 14% after the company reported a 58% year-on-year rise in Q4 net profit to Rs 150 crore. Strong consumer demand and steady sales momentum boosted performance, with quarterly revenue climbing 33% to Rs 927 crore. For FY26, revenue jumped 49% to Rs 3,353 crore compared with the previous financial year.
Aegis Logistics Q4 Results: Stock jumps 8% on strong profit, revenue growth; Margins stable
During FY26, subsidiary Aegis Vopak Terminals Ltd. completed its initial public offering and was listed on the stock exchanges in June 2025. The company also transferred its Pipavav gas storage undertaking to Aegis Vopak Terminals on a slump-sale basis, resulting in a gain of ₹114.4 crore that was recognised in other income during the year.
Indian IT stocks rally as global AI optimism lifts Infosys, TCS, Coforge
Shares of Wipro rose over 2%, after climbing as much as 4% earlier in the session. The rally followed an 18.5% jump in Wipro's American Depositary Receipts (ADRs) overnight.
Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s why
Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres and emission norm upgrades, it believes the current valuation leaves limited room for further upside.
Anthropic overtakes OpenAI in valuation battle, becomes world’s most valuable AI startup
Anthropic has overtaken OpenAI to become the world’s most valuable AI startup after a $65 billion funding round that values the Claude-maker at $965 billion, intensifying the global race for AI dominance
SC quashes SEBI order against Reliance in RPL trading case; orders ₹250 crore refund
The Supreme Court has quashed SEBI's order alleging fraudulent and manipulative trades by 12 Reliance-linked entities in Reliance Petroleum shares in 2007. The court also set aside a 2020 SAT ruling that upheld the regulator's findings and directed the refund of ₹250 crore deposited by Reliance Industries.
Earnings stay resilient, but Q1 FY27 could test markets: Harsha Upadhyaya
Indian equities showed resilience in Q4 FY24, but investors should anticipate potential earnings disappointments in Q1 FY27 due to ongoing geopolitical tensions and energy disruptions. While companies managed inventories well, persistent disruptions could impact profitability beyond a single quarter, leading to market range-bound movement until clarity emerges.
Vedanta shares jump 2% to hit fresh 52-week high. What’s behind the surge?
Vedanta shares hit a fresh record high after ICRA upgraded the company’s long-term credit rating to AA+ with a stable outlook, marking its highest domestic rating in over a decade. The upgrade reflects stronger profitability, improving leverage metrics and expectations of continued healthy cash flow generation following the group’s ongoing demerger process.
Ola Electric shares are up 20% in six sessions; Here's what is driving the recovery
In its shareholder letter, Ola Electric said its battery Gigafactory is entering the next phase of scale-up, with a focus on ramping commercial manufacturing towards 6 GWh capacity during FY27.
BofA sees limited Nifty upside in 2026, spots new growth themes
Amish Shah, Head of India Research at BofA Global Research, said the brokerage’s house view expects the RBI to raise interest rates by a cumulative 50 basis points in FY27, including one hike later this year and another in March next year.
Supriya Lifescience shares surge 17% on strong Q4 earnings; PAT rises 47% YoY
Supriya Lifescience shares jumped over 16% after the company posted a strong Q4FY26 performance, with PAT rising 47% YoY and revenue surging 50%. Robust demand across therapeutic segments, improved capacity utilisation, and traction in regulated markets supported growth. The stock remains in an uptrend despite overbought technical indicators.
Accumulate quality stocks in current market phase: Deven Choksey
India's latest earnings season met market expectations, with Nifty 100 companies showing healthy profit growth despite challenges. Deven Choksey highlighted companies' future outlook confidence and resilience in manufacturing, infrastructure, and power sectors. He also sees AI as a growth enabler for IT firms, driving efficiency and profitability.
Delta Corp shares tank 16%. What’s triggering the sharp selloff?
Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The apex court ruled that online gaming platforms qualify as actionable claims under GST law and backed retrospective application of the amendments. Gaming firms had opposed the tax demand, arguing it contradicts decades of legal precedent distinguishing gaming from gambling.
Solar Industries secures ₹1,076 crore defence products export order; Stock up 53% this year
Earlier this month, Solar Industries' management guided revenue growth of over 40% in FY27, with its defence business expected to cross ₹4,500 crore and nearly 70% of that coming from international markets. Consolidated revenue is expected to cross ₹14,000 crore in FY27.
Did LIC shares really crash 50% in one day? Here's how the bonus math works
LIC shares appeared to fall nearly 50% on Friday after adjusting for its first-ever 1:1 bonus issue, though the actual decline was only around 1.5%. The insurer issued one bonus share for every existing share held by eligible shareholders, with May 29 fixed as the record date for the corporate action.
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?
IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflows. This collaboration aims to integrate Wipro Intelligence with ServiceNow's AI Platform, streamlining enterprise operations and accelerating AI adoption. The move boosted investor confidence in Indian IT companies, despite earlier concerns about AI advancements.
Ashok Leyland shares fall after Q4 results, near-term demand uncertainty
Management said FY26 commercial vehicle volumes touched an all-time high, surpassing the earlier peak, while export volumes also hit a record high with 18.5% year-on-year growth. However, exports disappointed during the quarter due to logistical disruptions linked to the West Asia conflict.
West Asia conflict a stagflationary shock; world economy not ready for a long war: Bank of America
The West Asia conflict has triggered a stagflationary shock, impacting global growth and inflation. Bank of America forecasts a lower global growth projection, with disruptions in the Strait of Hormuz being a critical factor. Oil prices are expected to remain elevated, impacting energy importers, while central banks face difficult decisions.
Wockhardt shares jump 8%, extend rally after CDSCO nod for Zaynich antibiotic
Wockhardt shares surged after the company received CDSCO approval for its breakthrough antibiotic Zaynich in India. Strong Phase 3 trial results and the drug’s potential to treat severe drug-resistant infections boosted investor sentiment, helping the stock extend recent gains despite technically entering overbought territory after a sharp rally.
JP Power shares surge 28% in 2 days, Adani Power hits fresh 52-week high amid optimism around stake acquisition
Jaiprakash Power Ventures shares surged on Friday, extending their two-day rally to 28%, amid strong investor optimism surrounding Adani Power’s proposed stake acquisition in the company. JP Power stock climbed to Rs 24.50 and is up nearly 31% this week, with heavy trading activity as over 24 crore shares worth Rs 572 crore changed hands within the first 15 minutes of NSE trading.
Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engine
CLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “twin engine” of cost deflation and premiumisation, strong software-led revenues, and improving unit economics, expecting EBITDA breakeven by FY28 and significant margin expansion through FY31–32.
Did Trump profit? Ethics alarms over $9.7 billion Pentagon deal to Dell amid stock transactions
US ethics watchdogs have raised concerns after the Pentagon awarded Dell a $9.7 billion contract, amid disclosures showing President Donald Trump purchased Dell stock and publicly promoted the company, triggering questions over potential conflict of interest
HDFC Bank shares fall 5% in two sessions; lender responds to recent Rs 45 crore differential payment report
HDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketing expenses. The bank clarified that its internal audit function conducts reviews, and observations are addressed.
EU says more naval ships needed to secure Hormuz navigation after Iran war ends
The bloc is also exploring closer coordination with a proposed Franco-British naval escort force as concerns over shipping security and rising insurance costs persist after the Iran conflict.
Power and defence stocks still have long-term growth runway: PL Capital
Amnish Aggarwal, Director Institutional Research at PL Capital, says rising fuel prices, inflation and El Niño risks could slow credit growth in the coming quarters, even though stress signs are not yet visible in the economy. He remains constructive on defence and power-linked stocks over the long term due to strong order books and infrastructure demand, while cautioning that valuations across several sectors have already turned expensive.
Jaiprakash Power among 5 stocks that closed crossing above VWAP
On May 27, the closing prices of five stocks in the Nifty500 pack rallied over 2% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors, potentially indicating positive sentiment in the market.
Ashok Leyland shares fall 2% after Q4 results. Do Goldman Sachs, Morgan Stanley see any upside?
Ashok Leyland's shares dipped 2% despite a 14% YoY rise in net profit to Rs 1,291 crore for Q4 FY26. Revenue grew over 17% to Rs 17,246 crore. Analysts remain cautious, citing diesel price hikes and commodity inflation as headwinds, with mixed target price adjustments.
Wockhardt shares jump 9% after CDSCO approves breakthrough antibiotic Zaynich in India
The drug has been approved for the treatment of adult patients with complicated urinary tract infections (cUTI), including pyelonephritis, as well as infections accompanied by Gram-negative bacteremia.
Buzzing Stocks: Recent listing surges 330% from issue price; Co ups FY27 guidance
For the fourth quarter, Aditya Infotech reported a 45.5% revenue growth to ₹1,422 crore, while EBITDA more than 2.5x from last year to ₹258 crore.
Wall Street is focused more on AI than war fears now: Standard Chartered strategist
Steven Englander, Managing Director - Global Head of G10 FX Research, and North American Macro Strategy at Standard Chartered Bank explains why the dollar remains strong despite softer oil prices, discusses the rupee and emerging market flows, and says rising AI-related investments may be supported by genuine productivity gains rather than speculative excess.
From Adani Green to Tata Tech: 50 companies swing back to profit in Q4 despite market turmoil
Indian companies show strong recovery. Over 50 firms moved from losses to profits in the March quarter. This turnaround happened despite market volatility and global concerns. Sectors like telecom, auto, and pharma saw significant gains. This signals resilience in India's corporate sector. Many businesses improved operations and profitability.
CME lowers gold bond margins to 5%, silver to 10%
CME Group cuts margin requirements for COMEX gold and silver futures, adjusting collateral levels under its SPAN risk framework amid shifting metals volatility.
Sensex rises 220 points, Nifty nears 24,000 on Iran-US ceasefire extension reports
Indian stock markets opened muted but recovered on Thursday morning. Investors assessed Middle East political developments. Declining oil prices provided a boost. IT stocks led gains on the Sensex. Broader markets also traded in the green. Foreign investors remained net sellers of Indian equities on Wednesday.
Up to 531% returns: 23 small & midcap multibaggers you might have missed in 2026
Several small and midcap stocks have achieved multibagger status in 2026, offering substantial returns. Companies in sectors like fiber optics, defence, pharma, and solar energy have seen significant growth. This rally highlights thematic strengths overriding broader market concerns. Experts advise caution, emphasizing selective investing in quality companies with strong fundamentals and governance.
Buy, Sell or Hold: Goldman Sachs raises target on Physicswallah; maintains buy on Astra Microwave
Brokerages maintain selective bullishness on stocks like Astra Microwave, citing strong growth and IP-driven transitions. NLC India sees a downgrade to 'Accumulate' due to a sharp rally, despite expansion plans. PhysicsWallah retains a 'Neutral' rating, balancing strong revenue growth with NBFC strategy uncertainties.
Royal Enfield in Panama: India launches three new motorcycles, boosting export push
India’s Royal Enfield has launched three new motorcycle models in Panama, strengthening the country’s export push into Latin America. The move highlights growing commercial engagement between India and Panama, with Panama emerging as a key entry point for Indian brands in the region
Ranbir Kapoor-backed Prime Focus shares in focus after firm returns to black with Rs 82 crore net profit in Q4
Prime Focus reported a strong financial turnaround in Q4 FY26, posting a consolidated net profit of Rs 82 crore compared to a net loss of nearly Rs 231 crore in the same quarter last year, driven by a sharp 42% year-on-year rise in revenue to Rs 1,375 crore.
Rupee strengthens against dollar on softer oil and ceasefire optimism, but headwinds persist
Rupee opens stronger as easing crude prices and a possible US Iran ceasefire extension lift sentiment, but dollar outflows and macro risks keep traders cautious.
PB Fintech shares worth ₹665 crore change hands in block deal; founders likely sellers
As many as 38 lakh shares, or 0.82% of the company's outstanding equity, changed hands during the transaction, according to available data.
Bharat Dynamics shares in focus as Q4 net profit, revenue witness sharp fall
Bharat Dynamics Ltd shares are in focus after a significant drop in its January-March quarter earnings. Net profit fell 58.5% year-on-year. Revenue also saw a steep decline of nearly 73%. For the full financial year FY26, net profit declined 23%. The company's board recommended a final dividend of Rs 0.40 per equity share.
MSCI adjustments take place today - Here are the stocks poised for significant flows
Stocks ranging from Bajaj Finance, Hindustan Unilever, TCS, Infosys, UltraTech, ONGC, Hindustan Aeronautics, Coal India, Mahindra & Mahindra, and Nestle India will see a decline in their weightage, with outflows ranging from $103 million to as high as $204 million.
Zee Entertainment among 5 stocks showing bullish RSI upswing
On May 27, five Nifty500 stocks that gained over 3% were highlighted in the RSI Trending Up scan based on data from StockEdge. An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI Trending Up” indicates that the Relative Strength Index (RSI) values are rising, suggesting strengthening price momentum in the stock. This may indicate potential upward movement and can help traders identify possible buying opportunities.
Tata Motors PV among 4 stocks flashing bullish signals, hinting at a possible uptrend
On May 27, four NSE large-cap stocks appeared on the White Marubozu bullish scanner, according to StockEdge’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis that occurs when the opening price is the lowest for a given period, and the closing price is the highest.Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
Wipro shares could rally 18% if ADR is an indicator. Here’s why IT major is in focus
Wipro ADRs surged up to 18.5% after the IT major announced an expanded partnership with ServiceNow to scale agentic AI workflows across enterprise functions. The collaboration strengthens automation in IT, HR, procurement and cybersecurity, and could drive positive sentiment and potential upside in Wipro shares as markets react on Friday.
Stocks to buy in 2026 for long term: Venus Pipes, Star Cement among 5 stocks that could give 10-30% return
Brokerages have turned increasingly selective in identifying opportunities across sectors ranging from real estate and logistics to industrials and cement, highlighting companies with strong earnings visibility, improving business fundamentals and attractive valuations.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
MCX shares downgraded; UBS says 'peak earnings momentum' likely behind
The brokerage said the peak earnings momentum for MCX is likely behind, following elevated volatility across key commodities in recent months that had boosted trading volumes.
Coal India’s Rs 5,000 crore OFS opens for retail investors today: Should you buy or avoid?
Coal India's Rs 5,000 crore offer is now open for retail investors. Analysts see this as a good chance for long-term investment. The government is selling a portion of its stake. Institutional investors have already shown strong interest, bidding significantly higher than the floor price.
Wipro nears record date for Rs 15,000 crore share buyback. What’s ahead for IT major’s 26 lakh shareholders?
Wipro's Rs 15,000 crore share buyback, priced at a premium, is nearing its June 5 record date. Retail investors can potentially achieve double-digit returns over 2-3 months, with brokerages projecting high acceptance ratios based on past trends and lean retail shareholding.
LG Electronics India-parent shares surge 27% after showing automotive innovations via Google tech
The global android automotive OS market, which was valued at $895.6 million in 2025, is likely to reach $2.14 billion by 2035, according to Future Market Insights estimates.
Q-Line Biotec shares to list today. Check GMP ahead of debut
Q-Line Biotech is poised for a strong stock market debut on Friday. Investor demand appears robust, with grey market trends showing a significant premium. The company's shares are expected to list at a higher price than the IPO issue price. Q-Line Biotech operates in the diagnostics and healthcare products segment. This positive sentiment highlights investor interest in the healthcare sector.
Bio Medica Laboratories shares to debut today. Here's what GMP suggests ahead of listing
Bio Medica Laboratories' shares are set to list on the NSE SME platform amidst weak grey market sentiment, with the IPO currently trading at a discount. The Rs 52 crore IPO, which saw overall subscription of 2.26 times, aims to fund loan repayment and manufacturing expansion. Despite selective institutional interest, investor caution prevails due to broader market volatility.
Autofurnish to make its debut on BSE SME platform today. Check GMP and other details
Autofurnish is poised for its stock market debut on Friday, with initial grey market signals suggesting a neutral investor sentiment. The automotive accessories manufacturer's IPO, which opened for subscription in late May, saw its shares priced at Rs 41. Proceeds from the Rs 14.6 crore issue are earmarked for working capital and general corporate needs.
Samsung shares soar as company ships high-bandwidth memory chip samples globally
Samsung launches 12-layer HBM4E AI memory chip samples, touting 16 Gbps speed and 48GB capacity, plans 32GB and 64GB versions, shares jump up to 6.51 percent
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks' closing prices crossed above their 200 DMAs (Daily Moving Averages) on May 27, 2026, according to stockedge.com's technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
Dell jumps 40% on strong AI-driven $167B revenue outlook
The company booked $24.4 billion in AI orders in the quarter ended May 1 and generated $16.1 billion in AI server sales, according to Chief Operating Officer Jeff Clarke.
Gold, silver edge higher amid mixed signals on US-Iran deal
Gold and silver edge higher as investors weigh a possible US Iran ceasefire extension, elevated US inflation, Fed rate outlook, and surging China gold imports via Hong Kong.
Zydus Life has shared an important announcement on its share buyback; details here
The number of shares proposed to be bought back has been reduced to 87.3 lakh shares from 95.6 lakh shares earlier. The revised buyback size represents up to 0.87% of the company's total paid-up equity share capital.
Taiwan gains early protection against future US semiconductor tariffs
Taiwan says it has secured preferential treatment against future US semiconductor tariffs under a January trade deal, even as Washington continues reviewing Section 232 measures on chip imports
EU prepares broader tariffs, import curbs on China as trade tensions deepen: Report
The European Union plans to widen the use of tariffs and import quotas against Chinese goods as Brussels seeks to protect key industries from what it calls unfair competition and overcapacity from China
Coal India OFS opens for retail investors today after strong first day response - All you need to know
As per Coal India's March quarter shareholding pattern, the company had 25.33 lakh retail shareholders, who own a 3.82% stake in the company.
Asian market rises, Nikkei, KOSPI rise over 1.50% as US-Iran talk peace again
Asian stocks gain as US Iran ceasefire is extended 60 days, oil and dollar fall, Nasdaq 100 and S&P 500 hit records, AI optimism grows with Dell surge
Anthropic nears $1 trillion valuation, Dario Amodei's AI company surpasses Sam Altman's OpenAI
Anthropic PBC raises $65 billion dollars, valuing the Dario Amodei led AI firm at 965 billion, surpassing OpenAI, with major backing from Google, Amazon, Micron, Samsung, SK Hynix
Bharat Dynamics shares downgraded by Motilal Oswal, target cut by 23% after Q4 results
Bharat Dynamics’ Q4 performance came in below estimates as execution was impacted by delays in the supply of radars, seekers and other critical components for Akash and Astra Mk1 missile systems from external vendors.
Singapore Airlines-Air New Zealand alliance expands amid global aviation route disruptions
Singapore Airlines and Air New Zealand will expand their joint network from late October, adding 72,000 seats and boosting capacity by 17 per cent as global airlines adapt to rising travel demand and aviation disruptions linked to tensions in West Asia
Ace investors take a hit on portfolios in March quarter
Top Indian investors saw their portfolios shrink in the first quarter. Hemendra Kothari and Mukul Agrawal experienced over 25% declines. Madhusudan Kela's holdings fell 21%. The portfolios of Rakesh Jhunjhunwala's family and Anil Kumar Goel were least affected. This period marked a sharp market downturn impacting many.
Not Big Tech, but these stocks will lead the next US rally, as per Goldman Sachs
IT continues to remain the sector carrying the biggest short interest in absolute terms, along with a notable increase seen in industrial, financials, and energy as well, according to S3 Partners.
Steel giants set for Rs 75,000 crore capex push in FY27
JSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.