Market News
Stay updated with the latest market trends, earnings, and economic indicators.
MTAR Tech share price falls 11% as US client faces project uncertainty
The sharp decline in MTAR Technologies shares today followed reports that Crusoe Energy Systems LLC has paused work on a project in Wyoming, for which Bloom Energy was contracted as fuel cell supplier
Stock Crash: MTAR Tech shares drop 11% as key customer faces setback in 1.8 GW data centre project
MTAR Technologies shares fell after Crusoe Energy paused a 1.8 GW data centre project that was expected to deploy 900 MW of Bloom Energy fuel cells. Bloom Energy accounts for an estimated 55%-65% of MTAR's revenue.
MTAR Tech shares crash 9% after 280% rally in a year. What’s spooking investors today?
MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The facility was expected to be powered by 900 MW of Bloom Energy fuel cells alongside grid electricity. The selloff in MTAR comes despite the stock rallying more than 280% over the past year.
Battery tech startup Exponent Energy raises ₹200 cr in Series B extension
Exponent Energy has raised ₹200 crore in a Series B extension co-led by 360 ONE and TDK Ventures to expand its EV fast-charging network, retrofit business, and highway infrastructure for commercial vehicles.
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investment
Indian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. This move aims to accelerate nuclear capacity expansion and attract vital investment. Ficci highlighted that structured technology transfer and licensing are crucial for faster project deployment and mobilising capital, ultimately strengthening India's nuclear power programme and project viability.
CANADA STOCKS-TSX ends higher as tech and energy shares rally
CANADA-STOCKS/ (UPDATE 2):CANADA STOCKS-TSX ends higher as tech and energy shares rally
Top Gainers & Losers on June 8: Netweb Tech, Wipro, Reliance Power, Swiggy, SAIL, HPCL among top losers - Mint
Top Gainers & Losers on June 8: Netweb Tech, Wipro, Reliance Power, Swiggy, SAIL, HPCL among top losersMint
BEL, Tech Mahindra, SBI, NTPC and Power Grid crossed their 200 EMA on Monday; check details - Upstox
BEL, Tech Mahindra, SBI, NTPC and Power Grid crossed their 200 EMA on Monday; check detailsUpstox
NTPC Seeks Tech Solutions Partners For Its Sub-Critical Thermal Units To Operate At Lower Load
The project would require providing technical support to sub-critical thermal units ranging between 150 MW and 250 MW.
Top Gainers & Losers on June 5: Adani Green, Ather Energy, OLA, CarTrade Tech, YES Bank among top gainers
In terms of weekly performance, the Nifty 50 lost 0.8% of its value, extending its losing streak to a second straight week, while the Sensex also closed lower for the second consecutive week.
Japanese stocks retreat from record highs
Local markets tracked weakness in US futures after chipmaker Broadcom issued a downbeat outlook, dampening sentiment across the tech sector. Renewed tensions between the US and Iran also weighed on investor confidence, pushing energy prices higher and keeping inflation and interest-rate concerns in focus.