Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stocks to watch: Vedanta, Infosys, IRCTC, Lenskart, SBI among key stocks in focus on 12 June - Mint
Stocks to watch: Vedanta, Infosys, IRCTC, Lenskart, SBI among key stocks in focus on 12 JuneMint
Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RIL
Markets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Lenskart, Vedanta's demerger, Infosys's CMMI AIM Framework contribution, and RIL's interest in rare-earth minerals were key developments. Analysts eye 23,000 as a crucial support level.
Sohum Asset CIO stays positive on telecom, renewables and data centres
Sanjay Parekh of Sohum Asset Managers sees potential in CarTrade Tech, large private banks and select infrastructure plays. While he remains constructive on India's manufacturing story, he believes valuations in the EMS sector are demanding and warrant caution. He also sees value-unlocking potential from Vedanta's demerger.
Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO
Global power is shifting towards energy security and resource control. Geopolitical tensions are reshaping industrial supply chains. Critical minerals are becoming as vital as oil was. Countries controlling these resources will gain leverage. India must accelerate domestic exploration and build processing ecosystems. Future economic strength depends on securing energy and critical minerals.
Vedanta, MCX, among 10 stocks that saw highest increase in retail shareholding in Q4. Do you own any?
Vedanta demerger: What recent large demergers of Tata Motors, ITC and others tell us about possible listing timeline?
Vedanta's mega demerger has created four new entities, with investors eagerly awaiting their stock market listings. Drawing parallels from recent large demergers like Tata Motors and ITC Hotels, these new companies could see listings ranging from three weeks to several months, depending on regulatory hurdles and operational progress. Analysts suggest Vedanta's demerged units might list within 4-8 weeks.
Vedanta Resources looking to rejig $5.5 bn holdco debt in one go
Anil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-3.7 billion through 10-year bonds and $1.5-1.7 billion via five-year loans. This move seeks to better align debt repayments with dividend inflows from its operating companies.
S&P upgrades Vedanta Resources rating on stronger finances, demerger
The rating upgrade reflects the company's strengthening financial operations, improving cost structures, proactive refinancing and continued deleveraging, following the group's demerger, S&P Global Ratings said in a statement.
Indian Hotels among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks, Kaynes Technology, Vedanta, Indian Hotels, Wipro and KPIT Technologies, recorded sharp futures open interest gains on May 12, signalling heightened trader participation, fresh positions and derivatives market activity.
India must speed up domestic resource production amid global supply risks: Vedanta
Amid rising geopolitical tensions around the Strait of Hormuz and growing global competition for critical minerals, Vedanta Group has said India needs to accelerate domestic exploration and operationalise natural resource assets faster to reduce import dependence and strengthen long-term resource security.
Top Gainers & Losers on May 8: SBI, Urban Company, Britannia, HFCL, Tejas Networks, Vedanta among top losers - Mint
Top Gainers & Losers on May 8: SBI, Urban Company, Britannia, HFCL, Tejas Networks, Vedanta among top losersMint
Vedanta dividend: How the mega demerger will impact payout for 21 lakh shareholders?
Vedanta's mega demerger has spun off four new companies, impacting dividend payouts for its 21 lakh shareholders. While the parent company is expected to remain dividend-paying, its absolute dividend per share will likely decline. Investors will now need to assess each demerged entity's cash flow and growth plans for future income.