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Top Gainers & Losers on June 12: MTAR Tech, Ashok Leyland, Tata Motors, Anant Raj, UCO Bank, HPCL among top gainers
The Indian stock market surged on June 12, with the Nifty 50 and Sensex gaining 2% and 2.1%, respectively, amid easing tensions in the Middle East. Strong buying across sectors, particularly in auto and real estate stocks, marked the day despite some laggards.
Arnya invests over Rs 1K crore in housing projects
Many of the projects are at advanced stages of approvals and execution, while some have already commenced sales in key residential markets including Bengaluru. The investments have been routed through Arnya Real Estate Fund-Debt, the firm's category II alternative investment fund registered with the Securities and Exchange Board of India, along with direct investments undertaken by the firm.
Peak XV sells stake in Go Digit to JP Morgan, Aditya Birla MF for ₹100 cr
JP Morgan and Aditya Birla Sun Life Mutual Fund have collectively acquired over 33.3 lakh shares of Go Digit General Insurance from Peak XV Partners for Rs 100 crore through open market transactions. Following the transaction, shares of Go Digit General Insurance on Friday rose 5 per cent to Rs 318 apiece on the National Stock Exchange (NSE). US-based JP Morgan through its affiliate JP Morgan (Taiwan) Eastern Technology Fund and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares representing nearly a 0.4 per cent stake in Bengaluru-based Go Digit General Insurance, according to the block deal data executed on Thursday on the exchange. The shares were acquired at an average price of Rs 300 apiece, taking the combined deal value to Rs 100 crore. Meanwhile, venture capital firm Peak XV Partners through its arm Peak XV Partners Growth Investments III offloaded the same number of shares in the transaction, as per the data. The stake sale comes after Peak XV Partners fully exi
Sensex rises over 200 points, Nifty above 23,400 as investors eye RBI MPC meet outcome
Indian stock markets are trading higher today. Sensex and Nifty are extending their gains for a second day. Investors are keenly watching the Reserve Bank of India's Monetary Policy Committee meeting. Market analysts expect the RBI to hold interest rates but signal future hikes. This policy decision will influence banking, auto, and real estate sectors.
Development Bank of Japan makes maiden realty investment in India with HDFC Capital
Development Bank of Japan has invested in HDFC Capital's H-DREAM Fund, marking its first real estate venture in India. The fund focuses on affordable housing and has raised over $350 million towards a $500 million target. The development shows growing Japanese interest in India's real estate.
Japan’s Development Bank invests in Indian real estate through HDFC Capital fund
Japan's Development Bank of Japan Inc. has entered India's residential property market. It committed capital to HDFC Capital's affordable and mid-income housing platform. This marks a significant new entry of Japanese institutional capital. The investment supports sustainable development and addresses India's housing shortage. It also enhances geographic diversification for the bank's overseas real estate portfolio.
Q4 Results LIVE Updates: DMart shares down 4%, ideaForge Technologies up 16%; Ambuja report today
Q4 Results LIVE Updates: Amubja Cements, Manappuram Finance, Godrej Properties, Aditya Birla Capital, Tata Technologies, KEI Industries, Jindal Stainless, BHEL, Aarti Industries, Sobha, Quess Corp, Tata Chemicals, Wockhardt, are among the companies reporting their earnings today. Also watch for earnings reactions from Avenue Supermarts, Kotak Mahindra Bank, CDSL, NSDL, Zen Technologies, Mazagon Dock and others. Watch this space for all the LIVE earnings reactions.
Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
Real Estate, Auto stocks rebound after Iran ceasefire; RBI leaves rates unchanged
Following the policy outcome, the Nifty Bank index rose 4.70%. Auto and realty stocks surged by up to 7% each, while consumer stocks gained around 4%.
Too early to see shift from equities to FDs: Federal Bank CEO KVS Manian
Speaking to CNBC-TV18 on the sidelines of the 21st India Business Leader Awards, KVS Manian, MD and CEO of Federal Bank, said it is too early to see investors moving money from equities back to fixed deposits. A Balasubramanian, MD and CEO of Aditya Birla Sun Life AMC, added that mutual fund investors continue to see healthy three- and five-year returns, helping keep inflows steady despite recent market volatility.
Live: Banking stocks fuel Nifty above 24,500; Uncertainty persists on US-Iran talks | Closing Bell
Indian markets ended lower, dragged by weakness in IT stocks. The BSE Sensex slipped over 650 points, while the Nifty 50 fell below 24,450. HCL Technologies led the decline, logging its sharpest fall in 11 years after weak guidance, pulling down peers like Infosys and TCS. Despite the headline fall, market breadth remained positive with broader markets outperforming, as smallcaps extended gains for a second straight session. Financials were under pressure, with ICICI Bank and HDFC Bank slipping. On the upside, stocks like Tata Consumer Products, NTPC and Hindustan Unilever emerged as key gainers.