Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India’s May retail inflation rises 3.93% on year By Reuters - Investing.com
India’s May retail inflation rises 3.93% on year By ReutersInvesting.com
Tryfacta GIFT City IPO: First US-based company to list in India; can retail investors apply? Check details - Upstox
Tryfacta GIFT City IPO: First US-based company to list in India; can retail investors apply? Check detailsUpstox
Equitas Small Finance Bank’s next leg of growth hinges on winning the deposit battle
While a transformed, low-risk loan book underpins the lender's 2030 roadmap, raising low-cost retail funds is critical to supporting its 20% credit growth target.
Utkal Speciality Industries India IPO booked 1.26x so far on first bidding day. Check GMP, issue details
Utkal Speciality Industries India IPO started on 10 June, offering shares at ₹62-66. The firm reported notable revenue growth and intends to use funds for expansion and debt reduction, with a significant focus on retail participation during the offering period.
India Restricts Sale Of High-Speed Diesel, Motor Spirit At Retail Outlets For 90 Days
Shares of oil marketing companies including Bharat Petroleum Corporation Ltd., Hindustan Petroleum Corporation Ltd. and Indian Oil Corporation Ltd. could be in focus following the development.
SpaceX IPO may burn ‘mom and pop’ investors by offering 30% of $75 bn worth of shares
Nothing is typical about the SpaceX IPO – and not just its record-breaking $1.75 trillion valuation. Retail investors are being allocated around 30% of the $75 billion of shares on offer.
Citi cuts Super Retail price target on higher costs - Investing.com India
Citi cuts Super Retail price target on higher costsInvesting.com India
India restricts sale of high speed diesel and motor spirit from retail outlets
India has placed restrictions on institutional and commercial buyers of fuel. These customers must now source motor spirit and high-speed diesel from their own consumer pumps. The measure is in effect for an initial period of up to 90 days. Retail outlets are also limited to selling a maximum of 200 litres of high-speed diesel per customer or vehicle daily.
Ecommerce isn't adding much to Retail Inc's cart
An ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, Pantaloons and Bata-showed that the contribution of e-commerce to overall revenue has seen minuscule improvement since 2021-22 even as online sales continue to increase in absolute terms. By contrast, the Covid-19 pandemic spurred explosive growth, with the share of digital sales in total revenue surging three to four times in 2020-21 and 2021-22.
Spacex IPO Retail Orders Are Said To Increase To Over $100b - Bloomberg - Investing.com India
Spacex IPO Retail Orders Are Said To Increase To Over $100b - BloombergInvesting.com India
Prestige Group to invest Rs 1,800 crore in integrated destination at Bengaluru Airport City
Prestige Group will invest Rs 1,800 crore to build a large integrated destination at Bengaluru Airport City. The project will feature a convention centre, luxury hotels, office spaces, and retail. This mixed-use development aims to combine business, hospitality, culture, and entertainment. Construction is set to begin in early 2027.
What’s likely to move markets in the next trading session on June 12?
Indian markets will take cues from the escalating US-Iran conflict, India’s May retail inflation data, and global macroeconomic developments.