Market News
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Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.

SJVN signs PPAs with Gujarat Urja Vikas Nigam for hydro power from Himachal Pradesh
Shares of SJVN Ltd ended at ₹71.90, down by ₹0.20, or 0.28%, on the BSE.

Trust MF CIO sees revival in corporate cycle, stays bullish on mid and smallcaps
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains bullish on renewable energy, with a preference for solar, and is betting on transmission and distribution companies as well as commercial clean energy suppliers catering to sectors such as data centres.
Yes Bank among 6 stocks that hit 52-week highs & rallied up to 15% in a month
Six BSE 200 stocks, including CG Power, Federal Bank, Yes Bank, Polycab India, Varun Beverages and Pidilite Industries, scaled fresh 52-week highs as the Sensex advanced 347 points.
GRM Overseas Ltd leads losers in 'B' group
Nitta Gelatin India Ltd, Shiva Texyarn Ltd, Vivid Mercantile Ltd and TECIL Chemical & Hydro Power Ltd are among the other losers in the BSE's 'B' group today, 08 June 2026.
Smart money move: Why Groww MF's equity chief is betting on multicap strategies
Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combined with bottom-up investing is suitable for current market conditions. Valuations in mid and small caps have improved, making active stock picking more viable. Tiwari highlights opportunities in financials, industrials, autos, and specialty chemicals.

ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months
Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh Shah
Nilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations. These steps are crucial for India's development. He highlighted significant gold imports and the potential of gold financing. Entrepreneurs are driving innovation despite challenges. Support for businesses is vital for global competition.
Gandhi Special Tubes Ltd leads losers in 'B' group
Archidply Decor Ltd, Denta Water & Infra Solutions Ltd, TECIL Chemical & Hydro Power Ltd and Ajmera Realty & Infra India Ltd are among the other losers in the BSE's 'B' group today, 26 May 2026.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.
Godawari Power & Ispat Ltd leads gainers in 'A' group
PCBL Chemical Ltd, Avalon Technologies Ltd, BLS International Services Ltd and Aurionpro Solutions Ltd are among the other gainers in the BSE's 'A' group today, 20 May 2026.