Market News
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RBI's New collateral rule is a 'death knell' for prop trading, warns Crosseas Capital MD
Rajesh Baheti, Managing Director of Crosseas Capital Services, estimated that Indian broking houses and domestic high-frequency trading (HFT) firms account for 30% to 35% of total exchange turnover. He said the new collateral requirements could reduce activity in this segment by 30% to 35%, resulting in an estimated 10% to 12% decline in overall daily trading volumes.
Defence electronics to lead next growth phase; Bharat Electronics remains top pick: PL Capital
Amit Anwani, Research Analyst at PL Capital Group, expects a defence and commercial shipbuilding pipeline exceeding ₹2 lakh crore to support growth, while Bharat Electronics remains his preferred stock under coverage, with Solar Industries also offering long-term opportunities.
Water crisis ahead? PL Capital says water deficit creates Rs 20 lakh cr infra opportunity, picks 3 stocks
India's widening water deficit could create an infrastructure investment opportunity worth over Rs 20 lakh crore over the next decade, according to PL Capital. The brokerage expects sustained growth across water treatment, recycling and wastewater management, and has identified VA Tech Wabag, Enviro Infra Engineers and Denta Water as key beneficiaries.
Ola Electric Mobility Ltd leads gainers in 'A' group
Morepen Laboratories Ltd, Paras Defence and Space Technologies Ltd, Arvind Ltd and Capri Global Capital Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2026.
PFC-REC merger: Which stock should you buy before the mega demerger creates Rs 11 lakh cr power financing giant
Power Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 lakh crore loan book. The combined entity is poised to capitalize on the ongoing power sector capital expenditure cycle, including renewable energy and transmission projects. Analysts suggest the merger offers strategic advantages and improved capital allocation, positioning the new giant for significant growth.
Genus Power shares fall 10% after ₹268 crore block deal; Sources say GIC likely seller
Chiswick Investment or GIC has a 15.11% stake in Genus Power at the end of the March quarter, while close to 1.6 lakh small retail shareholders, or those with authorised share capital of up to ₹2 lakh, have a 16% stake in the company.
Clean Max Enviro Energy Solutions allots 41,120 equity shares under ESOS
Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from Rs 11,71,75,990 to Rs 11,72,17,410.
India's AI infrastructure opportunity is being underestimated, says Abhay Laijawala
Abhay Laijawala, MD & CIO-India at Lighthouse Canton, believes key concerns weighing on India—including oil prices, currency stability and the perception that India lacks an AI story—are turning into tailwinds. He argues investors are overlooking India's role in the global AI infrastructure buildout, spanning data centres, power, cooling systems and capital goods. Laijawala is positive on engineering, capital goods and textiles, while remaining cautious on consumer staples due to El Niño risks.
Stocks to buy in 2026 for long term: Tata Capital, Tata Motors among 5 stocks that could give 10-20% return
We have collated a list of recommendations from top brokerage firms from ETNow and other sources
India near bottom of global rankings, but that's exactly why to stay invested: Devina Mehra
Devina Mehra, Founder, Chairperson and MD of First Global, remains positive on pharmaceuticals, automobiles, capital goods and power-related businesses while cautioning that current AI-related valuations may not deliver corresponding returns. Mehra also expects Indian IT services firms to play a role in enterprise AI adoption despite concerns around employment and spending cycles.
Bajaj Capital appoints Jai Bajaj as Managing Director and CEO
Bajaj Capital appoints Jai Bajaj as MD and CEO, marking a leadership transition to drive wealth management growth and digital transformation in India.
Bajaj Capital appoints Jai Bajaj as MD & CEO
Bajaj Capital has appointed Jai Bajaj as its new Managing Director and CEO, marking a pivotal moment for the 60-year-old firm. The company is embracing a technology-driven approach to financial advisory, aiming to become a lifelong partner for customers. Future plans include digital initiatives for financial readiness, retirement planning, and enhanced customer experiences, reinforcing its commitment to building strong, lasting relationships.