Market News
Stay updated with the latest market trends, earnings, and economic indicators.
West Bengal eyes Calcutta Stock Exchange revival to reclaim financial hub status
Kolkata's historic stock exchange is set for a revival, with the state's finance minister vowing to restore the city's financial capital status. This move promises easier capital access for Eastern India, reduced trading costs, and job creation. The government also plans to list profitable state-owned companies to generate funds and unlock value, aiming to boost the region's economic standing.
Anna Hazare Threatens Indefinite Hunger Strike From July 5 Over RTI Amendments
Hazare objected to the hike in RTI fees, saying no rational explanation or financial analysis was provided.
Vodafone Idea raises Rs 1,182 crore from promoter Aditya Birla Group
Vodafone Idea secured Rs 1,182 crore from promoter Aditya Birla Group via warrants, a crucial step towards its Rs 1 lakh crore cash generation target. The company is banking on this, new loans, and tax refunds to meet its financial obligations over the next three years. Despite a recent net profit boost from statutory liability relief, operational losses persist, highlighting the urgent need for these funding initiatives.
Kirloskar Oil Engines shares hit 20% upper circuit. JM Financial sees more upside
Kirloskar Oil Engines shares surged 20% after winning a substantial order from HyperNext for 96 units of its 2,500 kVA power systems, enhancing its position in the data centre market dominated by Cummins. JM Financial and Motilal Oswal raised target prices, citing strong growth potential.
Air India appoints former civil aviation secretary as advisor to chairman
Air India has appointed former civil aviation secretary Pradeep Singh Kharola as executive advisor to Chairman N Chandrasekaran, aiding in the upcoming CEO transition. Kharola, instrumental in Air India's privatization, will also manage government communications amidst the airline's significant financial losses and operational challenges, including extended flight routes due to airspace closures. This move aims to steer the carrier towards financial recovery.
JM Financial sees Ather Energy, SAIL, 10 other new stocks in MSCI India Standard in August rejig, $3.2-bn... - Moneycontrol.com
JM Financial sees Ather Energy, SAIL, 10 other new stocks in MSCI India Standard in August rejig, $3.2-bn...Moneycontrol.com
Jio Financial Services Share Price Live Updates: Jio Financial Services Updates: Current Price and Change
Hybrid Financial Services Ltd leads losers in 'B' group
Mahalaxmi Rubtech Ltd, Haleos Labs Limited, ABM Knowledgeware Ltd and Banswara Syntex Ltd are among the other losers in the BSE's 'B' group today, 22 June 2026.
Will Amber Enterprises shares rally in the near term after Oppo deal? Here’s what Nuvama, other brokerages say
Amber Enterprises’ partnership with Oppo has drawn mixed brokerage views, with Nuvama and PL Capital bullish on growth and diversification benefits, while JM Financial remains cautious due to margin pressures and competition. The deal marks Amber’s entry into smartphone manufacturing, with investors closely watching execution and near-term stock movement.
Laurus Labs, Biocon, Ather Energy, Lenskart among probable MSCI India Standard Index inclusion candidates, says JM Financial
JM Financial anticipates significant shifts in the MSCI India Standard Index. Laurus Labs and Biocon are flagged as high-probability additions from the Small Cap Index, while Ather Energy and SAIL are medium-probability candidates. SBI Card faces a high probability of exclusion. These potential changes could lead to substantial passive fund inflows into India, estimated around $3.2 billion, impacting institutional investors.
Why NBFCs are growing faster than banks, JM Financial analyst explains
Ajit Kumar of JM Financial sees NBFCs outperforming banks in FY27, favoring Tata Capital and Piramal Finance on strong credit demand, cheaper funding and stable asset quality
Oswal Pumps CFO Subodh Kumar resigns
Oswal Pumps announced that its chief financial officer, Subodh Kumar, has resigned from the company to pursue opportunities outside the organization.