Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Home sales fall to three-year low in June quarter
Home sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties and supply chain issues have dampened buyer sentiment. Despite this, new project launches saw an annual increase, particularly in premium segments and infrastructure-driven areas. While most major cities saw sales decline, Kolkata, Hyderabad, and Bengaluru registered modest yearly growth.
Tata Motors-Iveco revenue to be $35-40 billion in 5 years: N Chandrasekaran
Tata Motors is projecting a remarkable revenue growth of $35-40 billion in its commercial vehicle sector over the next five years from its acquisition of Iveco Group, chairman N Chandrasekaran said. This strategic decision, expected to finalise by September, aims to enhance Tata Motors' global reach with synergistic products and cutting-edge technologies.
Tata Motors CV eyes 1 million vehicles after Iveco acquisition; sees growth despite fuel risks
Tata Motors Commercial Vehicles anticipates exceeding one million annual sales post-Iveco acquisition, projecting a global top-four ranking. Despite fuel price concerns, strong infrastructure spending and freight growth are expected to sustain the domestic market. The company is also bolstering non-cyclical revenue streams and expanding its international footprint, aiming for resilient earnings and significant global expansion.
Tata Motors says IVECO deal to make it fourth-largest global CV maker
Tata Motors said its commercial vehicles business maintained domestic market leadership while reporting record FY26 financial performance. The company also expects its proposed acquisition of IVECO Group to close by Q2 FY27, subject to remaining regulatory approvals.
Raymond’s aerospace vertical growth outpaces precision engineering business
Driven by global supply-chain diversification, JK Maini Global Aerospace is clocking a 25% expansion rate and has locked in a ₹2,350-crore order pipeline over the next five years.
Will Sensex, Nifty extend gains or turn volatile? Q1 updates, F&O expiry among 8 factors set to steer stock market this week
Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil prices, monsoon progress, US bond yields and key macroeconomic releases. While benchmark indices have remained resilient, profit booking in broader markets signals caution as traders assess domestic and global cues for the next leg of market direction.
Concurrent Gainers: 10 smallcap stocks that gain for 5 days in a row
Despite the Sensex slipping 0.4% over the five trading sessions that ended June 25, several small-cap stocks extended their winning streak. Pearl Global Industries, TV Today Network and SKF India were among the top performers, with 10 stocks gaining in all five sessions and delivering returns of up to 19%.
ET Graphics: From budget to premium, gadget Prices Rise
Indian consumers are facing a significant price hike on smartphones, laptops, and tablets, impacting both budget and premium devices. This surge is primarily due to a global shortage of essential memory chips, as manufacturers divert production towards lucrative AI data center components. A weakening rupee further exacerbates this inflationary trend, making electronics increasingly expensive for the masses.
TVS launches NTORQ 125, ex-showroom price starts at ₹82,500
TVS Motor unveils new colours and graphics for TVS NTORQ 125 Disc and Race Edition from ₹82,500, while TVS HLX series tops 5 million global sales and TVS Motor stock trades at Rs 3,569.
Tata Motors CV bets on Iveco deal to prop up local, global play
Tata Motors is targeting a 40% domestic commercial vehicle market share by FY28, bolstered by the proposed $4.5 billion acquisition of Italian firm Iveco. This strategic move aims to unlock new markets, products, and technologies, complementing Tata's existing presence. The company also sees strong domestic recovery, achieving its highest heavy commercial vehicle market share in a decade and maintaining double-digit Ebitda margins despite cost pressures.
Oil falls to pre-war levels, no change in petrol and diesel prices in India
Global crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barrel and US crude below USD 70, effectively reversing the earlier geopolitical risk premium. Despite the global correction, petrol and diesel prices in India have not yet been reduced, as state-run fuel retailers continue to adjust pump prices based on average crude trends rather than daily movements.
Bajaj Auto to push premium motorcycles, turbocharge Chetak in FY27: Chairman
Bajaj Auto is set to bolster its 125cc+ motorcycle range and accelerate the electric Chetak's growth in FY27. The company plans to boost exports amid global market recovery, while also addressing logistics challenges. Strategic investments will focus on product innovation, brand building, and enhancing customer experience, alongside expanding capacity for electric and premium bikes to mitigate supply risks.