Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Will start introducing India-specific models from 2028, to leverage on 2W biz: Honda Global CEO
Honda plans to launch new car models specifically for India starting in 2028. The company will use its strong motorcycle sales to encourage customers to upgrade to cars. India is a key market for Honda's future growth. Production capacity for two-wheelers will also increase. Honda aims to strengthen its automotive business in India through these strategic moves.
Max Estates targets Rs 1,200 crore revenue from the next phase of Gurugram project
Max Estates aims for Rs 1,200 crore revenue from its new project, The Terraces, in Gurugram. This development is part of Estate 361, a large project designed for all age groups. The Terraces offers residences starting at Rs 2.4 crore. The project emphasizes sustainability and includes amenities for hybrid workers.
Maruti Suzuki selects 6 start-ups to co-create new-age tech-based biz solutions
Maruti Suzuki India has chosen six startups for its accelerator program. These companies will develop new technology solutions. The focus is on improving plant safety and efficiency. Product development time will be reduced. Material traceability will be strengthened. Customer engagement will also be enhanced. This collaboration aims to modernize operations and prepare for the future.
Hindustan Zinc signs MoU with Group Nirmal to set up wire manufacturing unit in Rajasthan
Hindustan Zinc is partnering with Group Nirmal to build a new zinc wire manufacturing facility in Rajasthan. This unit will produce high-grade zinc wire for key industries like infrastructure and automotive. The collaboration aims to boost domestic zinc manufacturing and support high-value industrial applications.
Customers have started committing to new product cycles: Tata Technologies MD & CEO
Tata Technologies is ramping up investments in the automotive and industrial arenas, fueled by innovative product cycles that are encouraging customer loyalty. The firm has clinched a major contract for vehicle development and anticipates an impressive double-digit revenue growth this fiscal year.
Mamaearth parent Honasa Consumer may become first new-age company to announce dividend
Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations.
Marico, Nestle, Laurus, Grasim and 15 others from Nifty 500 hit new highs
Vijaya Diagnostic Centre was quoting higher for the eight straight trading day, soaring 25 per cent during the period.
Life insurance stocks gain after strong FY27 start; SBI Life, ICICI Prudential lead growth
Life insurance stocks showed slight gains on May 11, with SBI Life and ICICI Prudential leading the way. The sector experienced robust growth in FY27, particularly SBI Life with an 80% increase in new business premiums and LIC with a 38% rise.
Life insurance new business premium rises 41% in April, SBI Life leads growth
Private life insurers report strong April start to FY27, led by SBI Life, ICICI Prudential, HDFC Life and LIC, with robust NBP and APE growth across segments.
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
Wealthtech platform ZFunds launches India’s first AI assistant for new-age wealth managers
ZFunds has launched ZIVA, an AI-powered assistant aimed at helping mutual fund distributors and wealth managers streamline workflows, improve client engagement, and automate portfolio analysis. The platform, tested in a pilot phase, claims to significantly reduce workload while enhancing efficiency through data-driven insights and multilingual support.
Nifty Midcap 100 hits record high, surges 9% in a month to outperform Nifty 50; can the rally sustain?
On May 8, the Nifty Midcap 100 hit a new high of 62,113, extending its winning streak to five sessions. Strong earnings growth from mid-cap stocks contrasts with the Nifty 50's modest gain, highlighting market preference for broader indices amid elevated valuations.