Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Can Reliance Jio's fresh-issue play restore faith in India's billion-dollar IPOs?
Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future mega listings. The market will watch this development closely.
Indian banks need AI-led defence systems as Anthropic’s Mythos heightens cyber risks: Barclays
Indian banks must upgrade their technology. They need AI-powered defenses to fight new cyber attacks. Outdated systems are vulnerable to advanced AI tools. Modern warfare requires modern weapons. Banks must use AI to protect themselves from AI-driven threats. This is crucial for future security.
Tata Group stock surges the most in six years after strong Q4 results, future outlook
Brokerage firm CLSA said Tata Consumer's quick commerce and e-commerce, which make up 21% of the company's India business, grew 62% in FY26 and remain a key growth driver, especially for growth brands.
Hyundai shares jump 5% despite 22% YoY fall in Q4 net profit to Rs 1,256 crore
Hyundai Motor India shares surged nearly 5% despite a 22% drop in Q4 FY26 net profit, as brokerages maintained 'Buy' ratings. The automaker's revenue grew over 5% in the quarter, and its board recommended a Rs 21 per share dividend. Analysts remain optimistic about future growth driven by new model launches and strong exports.
Tata Consumer banks on strong brands, selective price hikes to fuel double-digit growth
Tata Consumer Products is set for strong growth by 2027. The company will use its popular brands and varied products to achieve this. Smart price adjustments will help manage rising costs. Easing coffee prices and stable tea costs also support this positive outlook. Investors are showing confidence in Tata Consumer's future performance and its ability to handle market challenges.
Max Financial Services cancels Q4 FY26 earnings call scheduled for May 13
The company added that it remains committed to fair and transparent communication and will continue to follow due disclosure processes for future investor and analyst engagement.
Vodafone said to weigh move to transfer part of India unit stake
Vodafone Group Plc is planning a capital boost for its Indian venture, Vodafone Idea Ltd. The UK telecom giant may transfer some of its shares to the Indian company. This move aims to strengthen Vodafone Idea's financial standing and aid its debt-raising efforts. The company is seeking significant loans to clear government dues and fund future growth.
How AI is changing the way people discover and buy products online
Artificial intelligence is transforming online shopping. It now influences how people find and compare products before visiting websites. This means brands must make their product information easily understandable by AI. Consumer trust in reviews and human opinions remains crucial. India is seeing this gradual shift in shopping habits. The future of AI commerce depends on robust transaction infrastructure.
Coforge shares surge 6%, rally 16% in three days post Q4 results. What's ahead for investors?
Coforge shares saw a significant jump following robust Q4 financial results. The company reported a substantial surge in net profit and revenue. Analysts are optimistic, with several brokerages issuing 'Buy' recommendations. Strong deal wins and an expanding order book fuel confidence for future growth. The acquisition of Encora is also expected to boost revenue.
US bond yields won't ease soon, rupee's worst may be over: 3R Investment’s Neeraj Seth
Neeraj Seth, Founder & CIO at 3R Investment Management, said India is not yet a major part of the global AI supply chain, but improving valuations and future AI-led productivity gains could support markets over the long term. He also said global AI investments remain focused on infrastructure and hardware, while warning that higher oil prices and elevated US bond yields could keep rate-cut expectations under pressure.
Kissht parent OnEMI Tech shares soar 11% after strong D-Street debut. Should you buy, sell, or hold?
OnEMI Technology Solutions shares saw a strong debut, jumping 11% on their listing day. The company operates digital lending platforms Kissht and Ring. Analysts suggest caution due to potential volatility but highlight the company's customer base and technology. Strong financial growth and a large user base position it for future opportunities in India's credit market.
Thermax shares jump 8% as Q4 profit rises 19% YoY to Rs 244 crore; order book strengthens
Thermax shares experienced a significant jump, reaching a new 52-week high. This surge followed the company's strong Q4FY26 financial results. Robust revenue growth and a substantial increase in order inflows were key drivers. Investors also reacted positively to attractive dividend recommendations, including a special payout for the company's 60th anniversary. The company's order book shows strong future visibility.