Market News
Stay updated with the latest market trends, earnings, and economic indicators.
CreditAccess Grameen Shares May Rally 28%, Says ICICI Securiteis — Check Key Triggers, Target Price
The brokerage highlighted that CreditAccess Grameen is undergoing a structural transition from a pure microfinance institution (MFI) to a rural-focused retail finance platform, aimed at increasing wallet share and diversifying its loan book.
IRFC drops as Centre launches OFS to sell up to 2% stake
Indian Railway Finance Corporation (IRFC) fell 5.30% to Rs 93.41 after the Government of India launched an offer for sale (OFS) to divest up to a 2% stake in the company.
Banks boost renewable energy credit by 7% in April amid energy security concerns
Banks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. This surge in funding for green energy underscores the nation's commitment to energy transition. Experts note a growing demand for climate finance, urging banks to develop specialized underwriting for sunrise sectors like solar and green hydrogen, which are poised for significant growth.
What’s likely to move markets in the next trading session on June 24?
Investors will also track the Indian Railway Finance Corporation's Offer for Sale, while comments from Infosys Chairman Nandan Nilekani on the company's AI engagements with clients remain in focus.
India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com Nigeria
India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com Nigeria
India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com
India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com
IRFC OFS: Govt to sell up to 2% stake in Navratna PSU via Offer for Sale
The government will sell up to a 2% stake in Indian Railway Finance Corporation through an Offer for Sale, as it continues an accelerated disinvestment programme across public sector enterprises.
VinFast India partners Shriram Finance for vehicle finance
VinFast India has joined hands with Shriram Finance Ltd to boost electric vehicle adoption through accessible retail finance. This collaboration offers customers up to 100% on-road funding, competitive interest rates, and flexible repayment plans. Leveraging Shriram Finance's wide network, the partnership aims to simplify EV ownership and accelerate its uptake across India, supporting a greener mobility future.
Explained - Why Jefferies prefers Bajaj Finance, Aditya Birla Capital over other NBFCs
Jefferies expects the sector to deliver healthy loan growth, easing credit costs and largely range-bound NIMs. While valuations have recovered from the lows seen during the recent geopolitical tensions, they remain broadly around long-term averages.
Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail Lighting
Indian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in the banking sector. Several companies are making headlines: JSW Infrastructure is raising funds for expansion, TCS will announce its quarterly results and a potential interim dividend, and Craftsman Automation's promoter plans a stake sale.
Mcap of 9 most valued firms jumps ₹2.15 trn, Airtel biggest winner
The combined market valuation of nine of the top-10 most valued firms jumped by Rs 2.15 lakh crore last week, with Bharti Airtel emerging as the biggest winner, in line with improving global risk sentiment. Last week, the BSE benchmark Sensex jumped 1,274.95 points, or 1.68 per cent. "Indian equity markets extended their recovery during the week, supported by easing geopolitical concerns, softer crude oil prices, and improving global risk sentiment. Although negotiations remain ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. The market valuation of Bharti Airtel surged by Rs 52,432.67 crore to Rs 11,62,963.30 crore, the most among the top-10 firms. Life Insurance Corporation of India (LIC) added Rs 51,675.23 crore, taking its valuation to Rs 5,56,726.30 crore. The valuation of Bajaj Finance soared by Rs 26,55
Amid Global Uncertainties, Par Panel To Study Evolving Economic Conditions In India
According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen 'Evolving Economic Conditions in the Country' as an additional subject for detailed examination during the year 2025-26.