Market News

JM Fin on insurance: Retail health to drive growth; Star Health top pick

The brokerage said that it prefers Star Health in the space as it has recommended a 'Buy' rating on the stock for a target price of ₹650.

GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?

General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a stake in the insurer. The offer has already attracted strong demand from institutional investors. Market analysts suggest caution for retail investors due to profitability concerns and industry headwinds.

GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?

General Insurance Corporation of India shares dropped 4% as the government's OFS opens for retail investors today at a discount. Meanwhile, Zydus Lifesciences successfully completed its cash tender offer for Assertio Holdings Inc., making it a wholly-owned subsidiary. This acquisition aims to boost Zydus's pipeline of innovative drugs.

Brigade Enterprises shares to trade ex-bonus today - What 1.5 lakh retail shareholders need to know

As many as 1.5 lakh small retail shareholders, or those who have authorized share capital of up to ₹2 lakh, have a 3.8% stake in Brigade Enterprises at the end of the March quarter.

Retail players can skip GIC Re's OFS: Analysts

Retail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitability challenges and headwinds in the reinsurance sector. The company's reliance on its investment portfolio for profits is a key concern. Despite a discount, the offer faces scrutiny.

RIL AGM 2026: Date, Time & 4 Big Things to Watch (Jio IPO, Retail, Energy)

Luggage brand Delsey Paris to double India investment

Delsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top priority market, experiencing 20% revenue growth and contributing 5% to the group's business. The brand plans to expand its retail presence in India and is doubling its investment to double business within three years.

China stocks mixed as weak consumer and property data offset industrial strength

Investor sentiment was weighed down by signs of uneven economic recovery. China's new home prices fell for a 35th straight month, remaining at their sharpest pace of decline since May 2025. Fixed-asset investment growth for JanuaryMay also missed expectations, while retail sales unexpectedly contracted in May, marking their first annual decline since December 2022.

NSE launches 11 new sectoral indices; Nifty Power, Retail, Hospitals among additions - Mint

NSE launches 11 new sectoral indices; Nifty Power, Retail, Hospitals among additionsMint

ABFRL's Sangeeta Tanwani steps down as Pantaloons CEO

Aditya Birla Fashion and Retail (ABFRL) said Sangeeta Tanwani has ceased to be whole-time director (WTD) and chief executive officer (CEO) of its Pantaloons business with effect from close of business hours on 31 July 2026.

SpaceX Investors at US Retail Brokers Got at Least One IPO Share

Robinhood disclosed on its app on Monday that 855,424 of its customers requested shares at the IPO price via its IPO Access platform and it filled the same number of requests.

GIC shares in focus as OFS opens for non-retail investors today — Check issue size, discount

With this OFS, the Centre's divestment collections are set to cross ₹15,000 crore within a month. Prior to this, the government's disinvestment drive included Coal India, Central Bank of India, NLC India and NHPC.