Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Meta’s $4.5-billion sandbox: what's at stake for Kunal Shah, WhatsApp and Cred
Meta’s landmark $900 million investment in Cred gives it a vital foothold in India’s UPI race and turns the premium fintech platform into a global commercial test bed for WhatsApp’s monetization push.
Assembly Luggage: Redefining Premium Travel, Designed in India
Assembly is redefining premium travel gear by designing in India for practical Indian travel realities. Catering to over 103,000 travellers, their durable, stylish luggage, from trolleys to backpacks, meets strict cabin limits and family travel needs. Achieving accessible pricing by selling direct, Assembly offers world-class, homegrown travel solutions, with plans for further retail expansion.
LG Electronics remains Chola Securities' top pick in the consumer durables space
Dharmesh Kant, Head of Research at Chola Securities, believes Reliance Jio's upcoming IPO is fairly valued and could deliver 20-25% listing gains as investors assign a premium to emerging businesses such as AI, data centres and satellite services. He expects these segments to contribute more than half of Jio's revenue over the next decade. Kant is positive on consumer durables and LG Electronics, remains cautious on IT stocks beyond short-term trading opportunities, and sees limited structural upside in paint companies despite improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Dalmia Bharat plans to raise Rs 4,000 cr; targets 110-130 MTPA cement capacity by FY31
Dalmia Bharat is set to raise up to Rs 4,000 crore to fuel its ambitious expansion, aiming to reach 110-130 million tonnes per annum cement capacity by FY31. This strategic move, involving acquisitions and organic growth, aligns with anticipated industry demand driven by infrastructure and housing. The company is also focusing on premium products and strengthening its pan-India presence, building on recent acquisitions and strong financial performance.
Nykaa shares extend gains after a thumbs-up from analysts on FY30 growth roadmap
Nomura said that evolving consumer preferences towards discovery-led and new-age brands are creating a favourable backdrop for Nykaa. The brokerage believes the company is well-positioned to capture a disproportionate share of premium lifestyle spending through its trusted platform, content ecosystem and portfolio of owned brands.
Harley-Davidson, Hero MotoCorp to expand partnership for global entry-level bikes
The Harley-Hero partnership, which has on sale the HD X440 and Hero Mavrick in the local market, has planned a slew of launches this fiscal to strengthen its play in the premium segment.
Liotech Industries IPO Day 1: Issue subscribed 8% so far. Check GMP, key details.
Liotech Industries IPO runs from June 17 to June 19, priced at ₹321 per share. Investors can apply for a minimum of 800 shares. The issue is 50% for retail and 50% for non-institutional investors, with an estimated listing price of ₹372 due to grey market premium.
Brent crude oil falls below $81/barrel for first time since March: What's behind the move?
The global benchmark has now fallen for a fourth straight session, after dropping nearly 5% on Monday and around 6% over the past week, as traders continued to unwind the risk premium that had built up during the recent U.S.-Iran conflict.
Delsey Paris plans 'tsunami of innovation' in India to catch up on backpacks and other trends
The premium luggage brand will also double its marketing spend and expand into smaller cities as India becomes its fifth-largest market, global CEO Gilles Bariguian told Mint.
Foodstories raises ₹50 crore from Nikhil Kamath as premium food retail bets gain traction
Foodstories raises ₹50 crore from Nikhil Kamath and Narotam Sekhsaria Family Office to expand premium food retail and digital business across Indian cities
50% Crash On Cards? Why Morningstar Believes SpaceX Is Worth Only $63 Post IPO
The firm also believes SpaceX's IPO valuation includes a large "option premium" of $72; meaning that investors are willing to pay more than justifiable to a possibility of future breakthroughs.
Hexagon Nutrition shares set for market debut. Check GMP ahead of listing
Hexagon Nutrition's IPO is set for market debut with a modest 6% grey market premium, indicating a listing around Rs 48. The Rs 138.9 crore offer for sale saw robust investor demand, subscribed 53.68 times overall. The research-driven nutrition company, with global reach, aims for a measured stock market entry.