Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Do you know what an Offer for Sale (OFS) is? Here's a complete guide
An Offer for Sale (OFS) allows current shareholders to divest ownership in a publicly traded company via the stock exchange. It differs from an IPO as it does not issue new shares, preventing equity dilution and providing a quicker execution process.
Senco witnesses 6% drop in gold sales; customers bullish on silver, diamond
Senco Gold saw gold volumes decrease by 6% in FY26. However, silver and diamond sales increased significantly. The company achieved its highest-ever Q4 retail sales, boosted by wedding and gifting demand. Senco Gold anticipates over 20% revenue growth in the current fiscal year, driven by its expanding network and brand strength.
HDFC Bank Shares Drop As Governance Report Deepens CEO's Woes
Jagdishan's current three-year term ends in October.
Hitachi Energy India shares, after surging 93% so far in 2026, get their highest price target
Jefferies said the industry demand trends remain robust and high voltage direct current (HVDC) projects should be margin accretive and contribute to the Hitachi Energy India's growth going ahead.
S&P 500, Nasdaq shrug off West Asia hostilities, surge to new records, even as Dow sulks
Tuesday's rally on the S&P 500 and Nasdaq was led by Micron, shares of which surged 19%, after UBS increased its price target to $1,625, expecting the stock to more than double from current levels. In the process, Micron also crossed $1 trillion in market capitalisation, joining the list of tech companies from Nvidia to Broadcom.
Wilmar International chief says India must target 60% self-sufficiency in edible oils
India needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-sufficiency. This move is crucial given India's vast consumption and current reliance on imports. Stable government policies are key to encouraging local oilseed cultivation. Global factors are also driving up cooking oil prices.
Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikes
Petrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient to fully offset the sharp rise in international crude costs, leaving public sector fuel retailers exposed to substantial daily losses.
Ashok Leyland bags order for 715 vehicles from VRL Logistics
Ashok Leyland on May 25 announced securing an order for 715 vehicles from VRL Logistics, strengthening their long-standing partnership. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks, and Oyster staff buses. Deliveries have already begun, with 300 vehicles supplied so far, while the remaining 415 units are slated for delivery within the current year, highlighting continued demand for Ashok Leyland’s commercial vehicle portfolio.
India's power transmission infra set for Rs 9 trillion upgrade as renewable push accelerates: Report
India is set for a massive power transmission investment of nearly Rs 9 trillion by 2032, according to a Kotak Neo report. This will support the country's clean energy goals by building essential grid infrastructure. Renewable energy capacity is growing rapidly, requiring extensive transmission lines and substations. High-Voltage Direct Current systems will be crucial.
Private banks likely to outperform govt banks in earnings growth over next 2 years: Report
Private banks are set for stronger earnings growth in the coming two years. Loan growth is expected to be similar for both private and public sector banks. However, private lenders will likely see better profits due to stable margins and fewer risks. Public sector banks may face profitability pressures from various factors. Market valuations are considering current banking sector challenges.
Ola Electric set for sharp Q1 rebound as registrations cross Q4 levels
Ola Electric is witnessing a strong sales recovery, with current-quarter registrations already surpassing the previous quarter's total. The EV maker expects quarterly volumes to nearly double as demand rebounds, supported by a focus on disciplined growth, operational efficiency, and market expansion.
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deep
India’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minister Narendra Modi urged citizens to avoid gold purchases for a year, the government raised gold import duty from 6% to 15% to reduce pressure on foreign exchange reserves and the current account deficit.