Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Hot Stocks: 3 stocks that may give returns between 11-36%
Analysts are recommending several stocks with projected returns ranging from 11% to 36%. Key picks include United Spirits, Vedanta Aluminium Metal, and Reliance Industries, with analysts citing strong brand portfolios, favorable policy changes, market deficits, and promising new energy ventures as drivers for potential growth and shareholder returns.
From raincoats to briefs to diapers: Textile PLI shows green shoots as imports drop, niche exports triple
India's textile sector is showing promising growth. The Production-Linked Incentive scheme is boosting local manufacturing. Imports of specific items have dropped significantly. Exports of value-added textile products have nearly tripled. This initiative is helping India reduce reliance on imports and expand its global market presence in textiles.
Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segment
Reliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sector. The company has secured necessary certifications for batteries and vehicles. Initial trials will occur within Reliance's own fleet. A wider commercial rollout is anticipated by FY27. This initiative supports Reliance's clean energy and electric mobility goals.
Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz ports
Indian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. The cargo will be lifted from ports located within the Strait of Hormuz. This marks the first such tender since a U.S.-Iran agreement. The company seeks to charter a VLGC, a Suezmax tanker, and a VLCC.
NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment
NTPC is installing 5 gigawatt-hours of battery storage at its coal power plants. This initiative aims to reduce renewable energy that goes unused. The investment is around 5,000 crore rupees. These battery systems will absorb excess solar and wind power. The Central Electricity Regulatory Commission has approved a tariff structure for these projects.
Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at Mangaluru
India plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mangaluru. This project will significantly increase the nation's emergency crude storage capacity. The government aims to strengthen energy security following past supply disruptions. This move marks a new approach with a state-run company developing such a reserve.
Oil prices fall to lowest after ceasefire deal, touch pre-Iran war level
Oil slid to pre-Iran war lows as the US-Iran deal eased supply fears, lifting Indian equities even as hawkish Fed signals weighed on IT and gold

Gold, silver rates today: Comex gold and silver retreat as US Fed officials signal possible rate hike
Gold and silver prices dropped as the US Fed signalled a potential interest-rate hike, overshadowing falling oil prices. Gold futures fell $140, while silver tumbled nearly $5.

Crude Crash On Cards? OPEC Chief Differs With IEA's Oil Supply Glut Forecast
The OPEC secretary general dismissed the IEA's claims.

RIL AGM 2026: Jio IPO Timeline To AI Strategy, Here's What To Expect
The virtual AGM, scheduled to begin at 2 pm IST, is expected to feature addresses by Chairman Mukesh Ambani and other senior leaders, outlining Reliance's plans across its telecom, retail, digital and energy businesses.

Deep Fission opens at $16, IPO priced at $16 By Investing.com - Investing.com India
Deep Fission opens at $16, IPO priced at $16 By Investing.comInvesting.com India

Delhi Court Remands Former Reliance Anil Ambani Group MD To 14 Days In Judicial Custody
On June 14, the court had granted six days' ED custody of Seth.