Market News
Stay updated with the latest market trends, earnings, and economic indicators.

Pace Digitek arm Lineage Power signs MoU with Bondada Renewable Energy for BESS supply
Shares of Pace Digitek Ltd ended at ₹215.80, down by ₹3.50, or 1.65%, on the BSE.

Indian Stock Market Rallies As Renewable Energy And Large-Cap Stocks Drive Strong Gains On July 10, 2026 - SolarQuarter
Indian Stock Market Rallies As Renewable Energy And Large-Cap Stocks Drive Strong Gains On July 10, 2026SolarQuarter

Power Grid declared successful bidder for Krishnagiri REZ Phase-I transmission project
Shares of Power Grid Corporation of India Ltd ended at ₹283.20, up by ₹2.05, or 0.73%, on the BSE.
Advait Energy gains after securing Rs 251-cr PGVCL orders for underground power network projects
Advait Energy Transitions rose 1.36% to Rs 2,226.20 after it has secured four domestic turnkey contracts worth a combined Rs 250.59 crore from Paschim Gujarat Vij Company (PGVCL).

IEA's Russian oil output forecasts cut after Ukraine attacks
IEA downgrades Russian oil production outlook due to Ukrainian attacks on energy infrastructure, impacting global supply.
HCL in 'positive direction' on takeover of 4 copper blocks in Chile; advisors studying data
Hindustan Copper Limited is advancing positively on acquiring four Chilean copper blocks. Transaction advisors are studying data and regulatory issues are being examined. This move aims to secure critical raw materials for India's green energy transition. The company is bidding jointly with NTPC Mining and Coal India Limited.

Advait Energy shares edge up after ₹251 crore Gujarat power project wins
Advait Energy Transitions has secured four turnkey contracts worth ₹250.59 crore from Paschim Gujarat Vij Company Ltd to develop underground power distribution infrastructure across Gujarat, with the projects to be executed over the next 18 months.
MRPL shares jump 9% as ONGC approves strategic oil reserve in Mangaluru
ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.
Power giant NTPC seeks uranium assets overseas in nuclear push
India's largest power producer seeks overseas uranium mines for future nuclear capacity. NTPC plans to build thirty gigawatts of nuclear power over two decades. This move supports India's broader push to decarbonize its economy. The company is looking at assets in Canada, Australia, and Kazakhstan. This strategy addresses domestic fuel limitations and growing energy needs.
Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening
Global oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United States and Iran threaten future oil surplus forecasts. The International Energy Agency sees potential disruption to its 2027 surplus projection. Refined product markets remain tight due to refinery issues and Ukrainian attacks. Global oil demand is recovering, but overall supply forecasts depend on lasting peace.
Mutual funds pick fewer IPOs but deliver bigger returns in the first half of 2026
Mutual funds have turned more selective in India's IPO market, participating in only 19 of the 28 public issues in the first half of 2026, according to Prime Database. Despite bidding less, their stock selection has outperformed. Ten of the 11 IPOs led by mutual funds are trading above their issue price, with Omnitech Engineering surging 133%. As mega IPOs such as NSE, Jio and SBI Funds line up in the second half, investors will be watching whether mutual funds continue their disciplined approach or increase participation.Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
GE Vernova T&D India Ltd soars 1.11%, rises for third straight session
GE Vernova T&D India Ltd is quoting at Rs 4694.8, up 1.11% on the day as on 12:49 IST on the NSE. The stock is up 101.24% in last one year as compared to a 3.82% fall in NIFTY and a 8.84% fall in the Nifty Energy index.