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Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdown
Morgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside from current levels. Strategist Ridham Desai said India is emerging from a six-quarter earnings slowdown into a stronger growth phase after a “mid-cycle” pause.
Gold, Silver Rates Today LIVE: MCX gold rate above ₹1.62 lakh, silver prices jump over 6% after import duty hike
Gold, Silver Rates Today LIVE: Strong domestic investment demand for gold persisted. Indian gold ETF inflows jumped 186% YoY to a record 20 metric tons in the March quarter.
Kalpataru posts strong Q4; net profit jumps 14x on 184% revenue growth, EBITDA turnaround
EBITDA stood at ₹217.4 crore in Q4FY26, compared with an EBITDA loss of ₹19.7 crore in the same period last year. Shares of Kalpataru Limited ended at ₹382.20, down by ₹0.95, or 0.25%, on the BSE.
MTAR Technologies Q4 Results | Net profit zooms 3x on 67% revenue growth
The company’s EBITDA rose 80.9% to ₹61.7 crore in the quarter, while the EBITDA margin expanded to 20.2% from 18.6% a year earlier. Shares of MTAR Technologies Ltd ended at ₹6,250.55, down by ₹256.10, or 3.94%, on the BSE today, May 12.
Recode Studios share price hits 5% upper circuit after bumper debut
Recode Studios shares debuted strongly on BSE SME, opening at ₹213.10, 35% above the issue price. The stock reached an upper circuit limit of ₹223.75. The IPO raised ₹44.6 crore, with a subscription rate of 234.64 times.
Nuvama Wealth Q4 profit up 5% on strong wealth, asset services growth; declares ₹14 dividend
Shares of Nuvama Wealth Management Ltd ended at ₹1,595.75, down by ₹35.50, or 2.18%, on the BSE.
Anant Raj Q4 profit surges 24% on strong real estate, data centre growth; declares dividend
Shares of Anant Raj Ltd ended at ₹538.65, down by ₹22.20, or 3.96%, on the BSE.
IHCL Q4 net profit rises 15% on strong RevPAR growth; declares ₹3.25 dividend
Revenue increased 14% to ₹2,765.3 crore versus ₹2,425 crore a year earlier. EBITDA rose 13.5% to ₹972.7 crore from ₹856.8 crore in Q4FY25. Shares of Indian Hotels Company Ltd ended at ₹663.80, down by ₹9.50, or 1.41%, on the BSE today, May 11.
Life insurance stocks gain after strong FY27 start; SBI Life, ICICI Prudential lead growth
Life insurance stocks showed slight gains on May 11, with SBI Life and ICICI Prudential leading the way. The sector experienced robust growth in FY27, particularly SBI Life with an 80% increase in new business premiums and LIC with a 38% rise.
Life insurance new business premium rises 41% in April, SBI Life leads growth
Private life insurers report strong April start to FY27, led by SBI Life, ICICI Prudential, HDFC Life and LIC, with robust NBP and APE growth across segments.
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
India's protein supplements market reaches $912.9 million in 2025 as demand grows for gut-friendly, additive-free formulations
Mumbai (Maharashtra) [India], India's protein supplements market reached approximately USD $912.9 million in 2025, according to IMARC Group, and is projected to grow to USD $1,578.1 million by 2034, reflecting a compound annual growth rate of 6.27% during 2026-2034. The broader protein market in India is estimated at USD $1.62 billion in 2026, with plant-based protein identified as the fastest-growing segment, according to Mordor Intelligence.