Market News

Bosch Chassis Systems India becomes WoS of Bosch

ZF Commercial Vehicle slides as CFO resigns

ZF Commercial Vehicle Control Systems India fell 1.86% to Rs 2,514 after the company said its chief financial officer (CFO) & key managerial personnel (KMP), Sweta Agarwal, has resigned effective from the close of business hours on 30 June 2026.

ZF Commercial Vehicle Control Systems India Ltd accepts CFO resignation - scanx.trade

ZF Commercial Vehicle Control Systems India Ltd accepts CFO resignationscanx.trade

NACL Industries Ltd leads gainers in 'B' group

Dev Information Technology Ltd, Divgi Torqtransfer Systems Ltd, Saksoft Ltd and AVG Logistics Ltd are among the other gainers in the BSE's 'B' group today, 30 June 2026.

Top Gainers & Losers on June 29: Persistent Systems, Netweb Tech, Astral, MRF, Berger Paints, OLA among top losers

Indian equities continued their decline on June 29, with the Nifty 50 dropping 0.46% and the BSE Sensex falling 0.44% amid renewed Middle East tensions. While pharmaceutical and metal stocks gained, auto and technology shares suffered notable losses, reflecting mixed sectoral performance.

SBI Securities prefers HDFC Bank, sees long-term upside in metals

Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.

Persistent Systems: Nagarro Deal Positive, but Dolat Capital Remains Bearish — Check Target Price

Persistent Systems shares are likely to be in focus after Dolat Capital maintained a Sell', citing premium valuations, near-term earnings pressure, and execution risks linked to its acquisition of Nagarro.

Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems

Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving averages, with a decisive close above 24,200 crucial for further gains. Several companies like Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments, including US investigations, strategic partnerships, and EV expansion plans.

Bajaj Auto cyber security incident: Co says key biz functions like manufacturing operating normally

Bajaj Auto confirmed on Friday that its manufacturing, sales, and service operations are functioning as usual following a cybersecurity incident reported on June 23, 2026. The company is actively investigating the ransomware attack that affected its systems and subsidiary, Bajaj Auto Technology Ltd. Despite the ongoing probe, Bajaj Auto is prioritizing business continuity and ensuring uninterrupted service for its stakeholders.

Centre approves Rs 530 cr for intelligent transport system in Chennai

Chennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the project will enhance efficiency and handle growing demands. Key features include advanced traffic control at numerous junctions, incident detection, and real-time information systems. The Greater Chennai Corporation anticipates full operation by August 2026, promising a smoother commute for residents.

BofA Securities prefers this midcap IT stock but stays cautious on its peers

According to BofA, modernisation of legacy technology systems could become one of the earliest large-scale commercial applications of AI for IT services firms. The brokerage expects success in this segment to be driven by the effective deployment of AI-powered coding tools rather than traditional workforce management models.

Triveni Turbine Ltd leads losers in 'A' group

GE Vernova T&D India Ltd, Indian Railway Finance Corporation Ltd, TD Power Systems Ltd and Lumax Auto Technologies Ltd are among the other losers in the BSE's 'A' group today, 24 June 2026.