Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Huge potential to boost food, beverages exports to UAE: TPCI
India’s food and beverage exports to the UAE are poised for major growth, with current shipments valued at USD 3.6 billion compared to the UAE’s total imports of USD 22 billion. Holding a 10 percent market share, India is emerging as a trusted supplier of quality food products to the Gulf nation. Industry experts believe the India-UAE free trade agreement and the upcoming Indo-Food Park in Mumbai will further strengthen trade ties, enhance export infrastructure, and unlock new opportunities for Indian exporters in the UAE market.
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorp
Muthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its current growth trajectory. With an optimistic eye on the future, the company is poised to navigate market fluctuations and continue its upward path. The funds raised will be pivotal in propelling further innovations and initiatives.
Curbs on compressor imports could hit supply of ACs & refrigerators, warn companies
The concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in the current fiscal to a percentage of volumes imported in FY25.
Punjab & Sind Bank aims to cross total business milestone of Rs 3 lakh cr in FY27
Punjab & Sind Bank is targeting a significant milestone of Rs 3 lakh crore in total business by the end of the current financial year. This ambitious goal is driven by expected loan growth and deposit expansion. To fuel this expansion, the bank plans to raise substantial funds through equity and debt issuances.
How to become a successful trader in today’s volatile stock market
In such a dynamic environment, becoming a successful trader requires more than just luck—it demands discipline, adaptability, and a deep understanding of market behavior. Drawing insights from market experts and aligning them with current conditions, here are the key principles every trader should follow
Magnum plans three more factories to cash in on India's ice cream craze
Magnum Ice Cream is significantly expanding its operations in India. The company plans to increase its factories from one to four to meet surging demand. This expansion comes as Magnum revamps its India business with dairy-based products and lower prices. Despite current profitability challenges, the company is investing in supply chains and cold-chain infrastructure.
Groww shares rally 14% in just 3 days. Should investors buy after Q4 results?
Groww's stock surged following robust March quarter results. The company reported significant year-on-year growth in net profit and revenue. Analysts from Jefferies and Motilal Oswal recommend buying the stock, citing strong user adoption and market share gains. However, JM Financial maintains a sell rating, suggesting the current valuation is high despite future growth projections.
Correction in NBFCs, IT and realty offers entry as earnings stay steady: Anupam Tiwari
Anupam Tiwari, Head of Equity at Groww Mutual Fund, expects a strong current quarter with limited impact from oil shocks so far, but flags risks from the next quarter onward. He remains positive on premium consumption, NBFCs, manufacturing exports and capex, while adding IT and premium real estate after corrections. He believes market fears may be overstated, with much of the downside already priced in.
Nifty gave zero return to FIIs in 4.5 years. Can India win back fleeing foreign investors?
Foreign investors have experienced no returns in Indian stocks for four and a half years. A combination of war, currency weakness, and oil price shocks has led to record outflows. Global brokerages are downgrading India's outlook. However, some see current low valuations as a potential turning point for foreign inflows.
Top Stock Picks: Axis Securities bets on largecaps from SBI to Eternal for up to 57% upside
Brokerage firm Axis Securities has listed its top large-cap stock picks, highlighting companies across financials, telecom, consumption, and healthcare that offer strong earnings visibility and upside potential. The brokerage sees select names delivering up to 57% upside from current levels.
Maruti, Tata Motors, M&M, Bajaj Auto: CLSA decodes strategy for auto stocks
If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.
Stocks in news: HDFC Bank, NTPC, Adani Ports, ICICI Bank, SBI, Nestle India
Indian markets experienced a significant downturn on Thursday. This sell-off erased recent gains, driven by global concerns and geopolitical issues. Several major companies like HDFC Bank, ICICI Bank, and NTPC are in focus today due to specific news. Investors are watching these developments closely as the market navigates current challenges.