Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Indian IT stocks could deliver 40-70% earnings growth over three years: Sowilo's Sandip Agarwal
Sandip Agarwal, Fund Manager at Sowilo Investment Managers, is particularly bullish on small- and mid-cap IT companies and also sees opportunities in data centre infrastructure, cooling systems and related industrial sectors.
When Will Monsoon Arrive In Delhi? IMD Issues Alert For Rain In Tamil Nadu, Maharashtra, More — Region-Wise Forecast
Monsoon is expected to enter Delhi and the National Capital Region between June 25 and June 30, according to IMD. After Delhi, it is likely to enter Haryana, Punjab, Chandigarh, Himachal Pradesh, Ladakh and Jammu and Kashmir.
NHAI flags off asset monetisation for FY27
The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two national highway stretches in Tamil Nadu. Epic Concesiones 2 Pvt Ltd emerged as the highest bidder for TOT-Bundle 19. NHAI aims to raise significant funds through asset monetisation in the coming years.
Ajanta Pharma promoter sells ₹1,024 crore stake; mutual funds step in as buyers
A promoter entity of Ajanta Pharma has sold a 2.8% stake in the drugmaker for over ₹1,000 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund emerging as the key buyers.
Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MF
A promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund acquiring the stake. The transaction comes amid strong earnings growth, healthy margins and sustained momentum in the company’s pharmaceutical business.
Godrej Properties sells over 1,000 apartments in Bengaluru for Rs 2,000 crore
Godrej Properties has achieved a significant milestone in Bengaluru. The company sold more than 1,000 apartments in its new residential project, Godrej Vanantara. This sale generated over Rs 2,000 crore. The project, launched in early June, spans 36 acres. This strong performance highlights the company's successful customer-centric approach and strategic planning in the real estate market.
Vedanta readies $5.2 billion refinancing after rating upgrades
Anil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower borrowing costs following recent credit-rating upgrades. The refinancing will cover $3.6 billion of bonds maturing between 2028 and 2033 and $1.6 billion of loans due from 2028 onward.
JSW Infra well placed to ride port-led growth; MOFSL says Buy for 40% gain
With a balanced east-west coast presence and expanding inland logistics, analysts believe it is well placed to benefit from India's push for multimodal integration and port-led industrial growth
Dr. Agarwal's Shares May Rally 35% on Strong Surgical Growth, Says Motilal Oswal — Check Target Price
Motilal Oswal remains bullish on Dr. Agarwal's structural growth story, backed by its leadership in the eye-care segment and a rapidly scaling surgical franchise.
India willing to open its market to high-quality, innovative pharma products, says commerce minister
India is ready to welcome high-quality global pharmaceutical products. This move is in exchange for better market access for Indian drug exports. The Indian pharma market is set to double in five years. Global companies are invited to invest in India's vast market and skilled workforce. India is a major supplier of generic medicines and vaccines worldwide.
Grasim announces ₹3,094-cr investment for lyocell capacity expansion in Karnataka plant
The expansion will add 110,000 TPA capacity at Harihar; total cellulosic staple fibre capacity slated to exceed one million tonnes annually by 2030. Grasim Industries, a Aditya Birla Group company, shares closed at ₹3,060.30 on the NSE on June 8, down 0.89%, or ₹27.40.
From gym tubs to kitchen staples: Protein becomes India’s new food trend
India's food market is seeing a surge in protein-enriched products. These items are moving beyond fitness enthusiasts to everyday consumers. Companies are fortifying everything from atta to coffee. This trend reflects growing health awareness and changing lifestyles. The market is expected to expand further as protein becomes a regular part of Indian diets.