Market News
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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.
Tata AutoComp expands EV and premium vehicle play via JVs, acquisitions
The Tata group company is also expanding its engineering footprint through new technology centres in Germany and China.
Premium family SUVs that offer comfort without luxury pricing
Indian families are increasingly opting for SUVs, with a growing 'premium plus' segment offering luxury features without the hefty price tag. Modern SUVs now prioritize cabin ergonomics, advanced technology, and robust safety for all passengers. The pre-owned market, especially for models like the Hyundai Alcazar, presents a cost-effective way to access these premium comforts and practicalities, making family travel more enjoyable and secure.
Nifty June futures trade at premium
HDFC Bank (India), Infosys and Tata Consultancy Services (TCS) were the top traded contract.
Nifty June futures trade at premium
HDFC Bank (India) Infosys and Tata Consultancy Services were the top traded contract.
Tata Sierra EV teaser released: Check launch date, battery options, interior design and other key features
Tata Motors is building anticipation for its upcoming Sierra EV, set to launch in India on June 30. A recent teaser showcases the electric SUV conquering challenging sand dunes, hinting at impressive off-road prowess. The production-spec model reveals distinct EV design elements, a premium interior with advanced tech, and a potential Quad Wheel Drive system, positioning it as a versatile and capable vehicle.
National developers increase share in NCR real estate market
National real estate developers are significantly increasing their footprint in the NCR region, capturing over 13% of new residential supply by 2025-end, up from just 3% in 2022. This surge reflects a growing preference for institutionalized, brand-driven projects among homebuyers seeking trust and strong execution. Major players like Godrej Properties are leading this expansion, focusing on premium and luxury segments, particularly in Gurugram, as infrastructure development fuels market evolution.
Nifty June futures trade at premium
HDFC Bank (India), Reliance Industries and Infosys were the top traded contract.
Tech Mahindra leases 4 lakh sq ft office space in Hyderabad
In a major real estate development, Tech Mahindra has secured 4 lakh sq ft of office space in Hyderabad with a 10-year lease, reinforcing the city's position as a tech hub. This decision reflects the vibrant demand for premium office spaces among technology firms. The company's investment highlights Hyderabad's attractiveness as a primary location for large corporations looking for seamless expansion and reliable long-term occupancy.
TCS valuation slips to Wipro levels amid IT sector rout
TCS’s valuation premium over peers has eroded, with its forward multiples now near Wipro levels amid sector weakness triggered by Accenture’s outlook cut. The Nifty IT index remains the worst-performing sectoral index, down 28% this year.
Nifty June futures trade at premium
Infosys, TCS and HDFC Bank were top traded contracts
Horizon Reclaim shares to list today. GMP suggests 73% premium over issue price
The Rs 54.27-crore IPO was open for subscription between June 12 and June 16 and received an overwhelming response from investors. The issue was subscribed 304.11 times, led by strong participation from all investor categories.