Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Life insurers' premium income up 19% in Apr-May
Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.
NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bids
The government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. This indicates significant interest in the disinvestment. The offer is open for retail investors today. The government aims to raise funds through this stake sale. This is part of its broader PSU disinvestment strategy.
Electric Passenger Vehicle Retail Sales Jump 81.20% To 26,682 Units In May: FADA
Total electric three-wheeler retail sales last month stood at 71,867 units
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADA
Electric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the electric car market. Electric two-wheeler sales also climbed by 62.76 percent. TVS Motor Company topped the electric scooter segment. Overall electric vehicle adoption continues to grow across segments.
NLC India OFS: Government exercises greenshoe option
The total offer size has now increased to 3% of equity capital from 2%; retail investors will get 10% of the expanded issue on June 10. NLC India shares settled 2.13% lower at ₹328.60 on the NSE on June 9, before the announcement.
SpaceX IPO: Can Indian investors buy stake in Elon Musk’s company in $75 billion public issue
SpaceX is debuting on Nasdaq on 12 June with shares priced at $135, potentially raising $75 billion. Up to 25% of shares could go to retail investors, but direct access may be restricted for investors from several countries, including India.
UHM Vacation IPO allotment finalised: Latest GMP, steps-by-step guide to check allotment status online for SME IPO
The UHM Vacation IPO was open for subscription from June 4-8, 2025, and is set for allotment today. Shares are anticipated to list on June 11 at around ₹166. Subscription was 2.36 times, with retail bids at 3.86 times.
Shankar Sharma's Hot Take: SIPs Are A Great Product, Just Not For Retail Investors
Ace investor Shankar Sharma spoke at NDTV Profit's Townhall on June 9, 2026.
SpaceX IPO fever sparks global hunt for aerospace, satellite stocks
With restrictions in parts of Asia on how retail investors may access the IPO, traders are scoping out regional suppliers to ride the SpaceX-driven rally
NLC slips 5% as govt OFS opens for non retail investors at ₹303 floor price
The Government of India, acting through the Ministry of Coal, will sell up to 3 per cent of its stake in NLC India through an OFS on BSE and NSE on June 9 and June 10, 2026
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opens
The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 crore. The OFS opens for non-retail investors on June 9, with a floor price of Rs 303 per share, a discount to its previous closing price.
NLC India shares in focus as government's Offer For Sale opens for non-retail investors
Among the public shareholders, mutual funds of India had a 9.49% stake in NLC India, led mainly by Nippon Life India AMC (5.65%) and Kotak Mahindra MF (2.6%). The stock is up over 30% so far in 2026.