Market News
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Knack Packaging IPO listing in focus. Here's what GMP signals ahead of debut
Knack Packaging share price will be listed on Wednesday, 8 July, on both exchanges - BSE and NSE. The shares are commanding a strong premium in the grey market.
P N Gadgil Jewellers Q1 revenue jumps 41% as same-store sales surge
P N Gadgil Jewellers reported a 41% year-on-year rise in Q1 revenue, driven by a 56% jump in retail sales and 46% same-store sales growth, while reaffirming its plan to open around 25 stores in FY27
GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUs
GIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial services and digital innovation. The Indian financial center also signed MoUs with Tata Communications. These agreements aim to boost GIFT City's appeal for global businesses. Additionally, CEPT University will collaborate on research and urban planning initiatives.
Paras Defence, ideaForge, other defence stocks slide up to 5%. What’s triggering the selloff?
Defence stocks declined up to 5% as investors booked profits after a sharp rally triggered by the Defence Acquisition Council’s approval of Rs 52,000 crore worth of acquisition proposals. Despite the correction, brokerages remained positive on the sector, citing strong order inflows and execution opportunities for companies such as HAL and Bharat Electronics.
Crude oil outlook: Price war, global market share in focus
The Middle East is now entering a different kind of conflict-one driven not by military confrontation, but by the battle for market share in global oil markets.
HAL offers the best risk-reward among defence stocks despite expensive valuations, says Equirus
Harshit Patel, Director of Equirus Securities expects Bharat Dynamics to be a key beneficiary of the Defence Acquisition Council's ₹52,000-crore approvals, while BEL, Data Patterns, Apollo Micro Systems and Astra Microwave are well placed to benefit from rising demand for defence electronics and anti-drone systems.
IT giants delay fresher hiring as business uncertainty clouds campus offers
India's largest IT recruiters are delaying onboarding and, in some cases, withdrawing offers made to engineering graduates, reflecting cautious hiring amid an uncertain business environment and adding to concerns over slowing entry-level technology jobs.
Sensex at 1 lakh in one year? Morgan Stanley sees 25% chance; Here’s what could trigger the next stock market rally - livemint.com
Sensex at 1 lakh in one year? Morgan Stanley sees 25% chance; Here’s what could trigger the next stock market rallylivemint.com
EMS Q1 Preview: Amber Gets 'Buy', Cyient DLM 'Hold' — Check PL Capital's Target Prices, Key Triggers, Upside
PL Capital expects its coverage universe to report 24.2% YoY revenue growth, while Ebitda and PAT are likely to rise 21.3% and 26.5%, respectively, during the June quarter.
Kalyan Jewellers Share Price Drops 8% As Q1 Growth Fails To Impress Investors
Kalyan Jewellers share price fell as 8.63% intraday to Rs 348.35 apiece.
Tata Group stock shines after strong business update, upbeat analyst commentary
HSBC believes regulatory uncertainties are easing and continues to view Titan as its preferred pick in the consumer discretionary space. The brokerage has also marginally raised its earnings estimates.
TCS To Birlasoft: 14 IT Stocks In Focus Ahead Of Q1 Results; IDBI Capital Sees Up To 52% Upside
The Indian IT services industry is entering FY27 with a mixed outlook, while interest in AI remains very strong, the overall demand environment is still uncertain.