Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Prices Of Diabetes, Heart Disease, Hypertention And 36 Other Medicines Capped - Check Full List
Government fixes retail prices of 39 medicines
Avenue Supermarts Q1 PAT rises 11% YoY to Rs 861 crore; revenue climbs 15%
Avenue Supermarts, which owns and operates the DMart retail chain, reported an 11.33% increase in consolidated net profit to Rs 860.61 crore for the first quarter of FY27, compared with Rs 772.97 crore in the corresponding quarter last year.
SIF AUM jumps 29% to Rs 17,858 crore in June; inflows surge 171% MoM
Specialised Investment Funds saw assets grow significantly in June 2026. Total inflows into these funds also experienced a substantial increase. Hybrid Long-Short Funds continued their dominance within the SIF segment. The broader mutual fund industry also reported healthy investor participation during the month. SIP contributions reached a record high, indicating sustained retail interest.
From hypertension to diabetes, National Pharmaceutical Pricing Authority caps retail price of 39 medicines
NPPA capped retail prices of 39 medicines, including those for hypertension, diabetes, and heart disease. This follows a similar move in May for 42 drug formulations.
Markets Espresso: The Burden of Expectations and Salaam Retail!
One line from US President Donald Trump derailed an entire market recovery. Stocks that fell to the burden of Expectations.Respect to the one that stands tall on every good, bad, and ugly day!Unpack all of this in our latest Markets Espresso!
iPhone 17 models fly off shelves on price hike fears: Online discounts on limited stocks of base model also lead to sharp rise in purchases
iPhone 17 models are experiencing shortages across retail and online platforms. This surge is driven by expectations of price increases and reduced supply. Retailers are actively informing consumers about potential upcoming price hikes. Market trackers note increased demand for iPhone 17 models in the current quarter. Apple has recently increased prices on other product lines.
Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. This move aims to enhance scale and customer reach for the bank. Kotak Mahindra Bank will also tap into India's economic expansion opportunities. A strong balance sheet and leadership talent support future growth strategies.
Kotak Mahindra Bank to pursue acquisitions alongside organic growth
Kotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. This move aims to enhance scale and customer reach for the bank. Kotak Mahindra Bank will also tap into India's economic expansion opportunities. A strong balance sheet and leadership talent support future growth strategies.
Tonbo Imaging, Zetwerk, 2 others get Sebi approval to float IPOs
The market regulator approved four IPO proposals, paving the way for companies in defence, retail, manufacturing and metals to tap the public markets
L&T Finance Q1 Results: Profit Surges 29% To Record High On Solid Retail Book Growth
L&T Finance Q1
L&T Finance Q1 profit rises 29% to record high on strong retail book growth
L&T Finance reported its highest-ever quarterly profit in the June quarter, driven by robust retail loan growth, higher disbursements and improved asset quality, while the lender continued to accelerate its transition into an AI-native financial institution.
Life insurance new business premiums rise 16.6% in Q1 on private insurers' growth: Report
India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private insurers significantly outpaced the market, increasing their share to nearly forty percent. This growth stemmed from steady retail product demand and a recovery in group business. Monthly premiums also saw a thirteen percent rise in June, reversing last year's contraction.