Market News
Stay updated with the latest market trends, earnings, and economic indicators.
UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoY
Unified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite this, the daily average transaction volume hit an all-time peak, highlighting UPI's dominance in everyday digital payments. This growth underscores India's expanding digital payment ecosystem and increasing user trust, with UPI now operational in eight international locations.
Voltas sells one million AC units in first quarter of FY27
Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives.
Insurers face margin pressure amid rising competition, costs; rural protection gap persists: Report
Indian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisely, focus on solid underwriting, and control costs. Technology and a shift towards protection products will be key to reaching more customers and rebuilding trust. Broader financial services also see growth opportunities in MSME lending and corporate banking.
Motisons Jewellers Ltd leads losers in 'B' group
Shri Krishna Devcon Ltd, Industrial Investment Trust Ltd, Commercial Syn Bags Ltd and AMD Industries Ltd are among the other losers in the BSE's 'B' group today, 16 June 2026.
Examination system in crisis: The urgent need to shift focus from cost to capability
Recent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over essential capabilities. This approach compromises physical security, cybersecurity, personnel quality, and real-time monitoring. A shift towards evaluating demonstrated capability, resilience, and accountability is crucial. This will rebuild trust in the examination ecosystem and ensure fairness for students.
Lenskart shares in focus as Goldman Sachs, Morgan Stanley, others purchase stake in Rs 1.960 crore block deal
Lenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 Trust paring its holding. Despite recent exits, brokerages remain optimistic about Lenskart's long-term growth, citing its integrated model and international expansion.
Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block deal
ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds, insurers and foreign investors, reflecting continued confidence in the eyewear retailer’s growth prospects.
Stanley Lifestyles bags Rs 2-cr home cabinetry order from AS Rajgopal Family Private Trust
Stanley Lifestyles said it has secured an order worth Rs 1.63 crore from AS Rajgopal Family Private Trust for the supply and execution of a full-home cabinetry project.
The hidden Rs 9,000 crore business behind India’s water purifier boom
India's water purifier market is evolving beyond just selling machines. Companies are now focusing on the lucrative service sector, including filter replacements and maintenance. Eureka Forbes is a key player, expanding its technician network to tap into this growing market. This shift aims to build customer trust and ensure long-term revenue streams in a competitive landscape.
Concurrent Losers: 14 smallcap stocks decline for 5 consecutive sessions
Amid broader market weakness, the Sensex fell 408 points over five sessions ending May 29, while 14 BSE smallcap stocks declined continuously, losing up to 15% led by Wakefit Innovations, Master Trust and Godavari Biorefineries.
India’s realty sector sees rise in ESG-linked fundraising amid tighter lending
Indian real estate is embracing green finance. Investment funds and property platforms are linking their fundraising to environmental and governance standards. This trend is attracting institutional investors seeking stable returns and lower risks. Recent deals by Sundaram Alternates, Brookfield India REIT, Mindspace Business Parks REIT, and Nexus Select Trust highlight this growing focus on ESG-aligned real estate.
Jewellery brands rapidly expand footprint in leading malls
Jewellery stores are now major anchors in Indian malls, occupying nearly 10% of space. This trend is set to continue, reinforcing jewellery's status as a primary anchor. Unlike online sales, jewellery purchases remain experience-led and trust-driven. This shift is reshaping mall designs and consumer engagement strategies across metro and tier-2 cities.