Market News

Stocks to Watch for June 24: Infosys, IRFC, Honasa Consumer, Delhivery and more

Infosys expands GlobalFoundries AI IT deal, NLC India and IOCL plan green JV, YES Bank, Delhivery, IRFC, Honasa Consumer and Satin Creditcare announce moves. Here are few stocks to track ahead of Wednesday's trading session.

Honasa Consumer to acquire 58% stake in Fluence Pharma for ₹135 crore

Shares of Honasa Consumer Ltd ended at ₹415.90, up by ₹0.85, or 0.20%, on the BSE.

Coming soon: ₹2 lakh foldable smartphones from Samsung and Apple

With high raw material costs and increased engineering expenses, analysts predict the upcoming foldable devices will set high price points, with potential implications for consumer affordability.

SIP-led capital markets story intact; JP Morgan prefers Angel One, CAMS

Among sector preferences, the brokerage favours Angel One, Computer Age Management Services (CAMS), ICICI AMC, Nippon India Asset Management, and HDFC Asset Management Company

Info Edge jumps after detailing strong gains from AI and deeptech bets

Info Edge (India) rose 3.30% to Rs 1,016.75 after the company shared a detailed update on its startup investment portfolio, highlighting strong gains from its artificial intelligence (AI), deeptech and consumer technology bets.

Worst is behind us, markets could hit new highs in 6-12 months: Envision’s Nilesh Shah

Nilesh Shah, Founder of Envision Capital, remains positive on digital platforms, defence, aerospace and consumer discretionary sectors, citing long-term domestic growth drivers. Shah expects stronger earnings, policy reforms and foreign investor participation to support markets, while also identifying opportunities linked to GLP-1 drugs, nutrition products and healthcare themes.

Indian economy remains resilient but adverse monsoon could weigh on growth and inflation outlook, says RBI bulletin

Amid this challenging global environment, Indias economy grew by 7.8% in the fourth quarter of 2025-26, supported by strong private consumption and fixed investment. High-frequency indicators for the first two months of 2026-27 suggest that economic momentum has remained strong. Although consumer price inflation increased in May, it remained broadly under control.

RBI Governor urges banks to treat MSMEs as long-term business partners

Reserve Bank Governor Sanjay Malhotra on Monday asked banks and lending institutions to internalise a fundamental reorientation in their approach towards MSMEs, and view them as long-term business partners rather than just a regulatory obligation. He said MSMEs collectively contribute 31 per cent of GDP, account for approximately 35 per cent of manufacturing output, and represent close to half of India's merchandise exports, while sustaining livelihoods for over 32 crore people. He also asked MSMEs to take ownership of growth by investing in technology, R&D and innovation as consumer preferences and expectations evolve, engage actively with RBI through their instruments and build and sustain relationships with your stakeholders creditors, suppliers and customers.

Info Edge shares in focus as AI portfolio doubles to Rs 1,268 crore; total holdings at Rs 41,300 crore

Info Edge shares will be in focus after the company reported its AI startup portfolio has more than doubled to Rs 1,268 crore from Rs 614 crore. Overall startup investments are valued at about Rs 41,300 crore, driven by strong gains in consumer tech and steady growth in deeptech bets.

Tata Consumer Share Price Live Updates: Tata Consumer closes at 1111.5

Mumbai Developer Ordered To Refund Rs 1.05 Crore To Raigad Couple For Selling Their Flat

The consumer commission ruled that the buyers were entitled to a refund.

Sensex rises 291 points, Nifty tops 24,100 on cooling crude and FII support

Domestic equities advanced on Monday as cooling oil prices and fresh FII inflows fuelled risk appetite. Buying in heavyweight Reliance Industries and healthcare counters propelled the Nifty past the 24,100 level. The gains were partly offset by weakness in consumer durables and FMCG stocks.