Market News

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.

Explained - Why Jefferies prefers Bajaj Finance, Aditya Birla Capital over other NBFCs

Jefferies expects the sector to deliver healthy loan growth, easing credit costs and largely range-bound NIMs. While valuations have recovered from the lows seen during the recent geopolitical tensions, they remain broadly around long-term averages.

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.

India among EQT Asia's strongest exit markets, says co-head Hari Gopalakrishnan

Fresh off raising Asia-Pacific’s largest PE fund, EQT sees India as a key growth market, driven by underpenetrated buyouts, family-business transitions and long-term economic tailwinds.

This tech indicator suggests market is at crossroads; what to expect next?

An analysis of Nifty 500 stocks, reveals that nearly 50 per cent of the shares trade on either side of the long-term 200-day moving average; thus suggesting that the market is at crossroads currently.

Turtlemint Fintech IPO Day 3: GMP, subscription status, brokerage views and key details

Turtlemint Fintech Solutions IPO entered its final bidding day with muted grey market sentiment and a modest listing expectation. Subscription stood at 52% on Day 2, led by strong QIB demand. The Rs 883 crore issue includes fresh shares and OFS, while analysts remain divided on listing prospects and long-term outlook.

Reliance Industries among 5 Nifty stocks showing bullish RSI upswing

Five stocks in the Nifty50 pack featured in the RSI Trending Up scan on June 22 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

Nifty Outlook for June 23: Index looks to sustain above 24,100 ahead of weekly expiry

The Nifty has failed to surpass the previous swing-high resistance at 24,190, which remains a key near-term hurdle. A sustained move above this level could open the door for a rally towards the 200-DEMA, placed around 24,450, according to analysts.

HDFC Bank Share Price Live Updates: HDFC Bank Sees Slight Uptick Amidst Long-Term Decline

Petrol, diesel margins back to above pre-conflict levels: Report

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil prices remain below $80 per barrel, with BPCL and IOC seen as preferred investments.

Here's Why Deepak Shenoy Thinks Cash-Rich Companies Should Consider Buybacks Again

Dividends are taxed as income in the hands of investors, potentially attracting rates as high as 36% for some taxpayers. By contrast, gains from shares sold in the market are subject to capital gains tax rates of 12.5% for long-term holdings and 20% for short-term holdings.

Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount

Cochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming to raise funds, is reportedly planning to sell a stake soon, adding to recent disinvestment activities in other public sector undertakings. Despite a recent stock decline, the company has shown strong long-term returns and improved operational efficiency in its latest earnings report.