Market News

Cholamandalam Investment & Finance Company Ltd spurts 3.13%, gains for five straight sessions

Cholamandalam Investment & Finance Company Ltd is quoting at Rs 1779.9, up 3.13% on the day as on 12:44 IST on the NSE. The stock is up 10.64% in last one year as compared to a 4.96% fall in NIFTY and a 0.59% fall in the Nifty Financial Services.

Bajaj Finance Shares Gain After NCD Allotment Worth Rs 2,000 Crore

Bajaj Finance shares advanced 2.12% intraday to Rs 982.8 apiece.

Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platform

Nisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate opportunities across India. The platform will attract domestic and UAE-based investors, including family offices and ultra-high-net-worth individuals. A key vehicle, the Nisus Yield and Asset Multiplier Fund (NiYAM), will focus on structured credit and equity enhancement for projects like plotted developments and redevelopment.

CreditAccess Grameen Shares May Rally 28%, Says ICICI Securiteis — Check Key Triggers, Target Price

The brokerage highlighted that CreditAccess Grameen is undergoing a structural transition from a pure microfinance institution (MFI) to a rural-focused retail finance platform, aimed at increasing wallet share and diversifying its loan book.

IRFC drops as Centre launches OFS to sell up to 2% stake

Indian Railway Finance Corporation (IRFC) fell 5.30% to Rs 93.41 after the Government of India launched an offer for sale (OFS) to divest up to a 2% stake in the company.

Banks boost renewable energy credit by 7% in April amid energy security concerns

Banks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. This surge in funding for green energy underscores the nation's commitment to energy transition. Experts note a growing demand for climate finance, urging banks to develop specialized underwriting for sunrise sectors like solar and green hydrogen, which are poised for significant growth.

Bajaj Finance Share Price Live Updates: Bajaj Finance shows impressive returns

MSCI Maintains Korea's Emerging Market Status in Latest Review

The South Korean government expects the inclusion in the MSCI developed-market index to follow naturally if Seoul continues to pursue reforms, the finance ministry and Financial Services Commission said in a joint statement.

Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpit

Chandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial strategy and finance have been directed to submit weekly progress reports directly to the chairman, according to people familiar with the matter. The aim is to ensure stability until the appointment of a new CEO, they said.

What’s likely to move markets in the next trading session on June 24?

Investors will also track the Indian Railway Finance Corporation's Offer for Sale, while comments from Infosys Chairman Nandan Nilekani on the company's AI engagements with clients remain in focus.

India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com Nigeria

India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com Nigeria

India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com

India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com