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India's growth story could regain momentum as oil risks fade, say global market strategists
Ed Yardeni, President of Yardeni Research and Arvind Sanger, Managing Partner of Geosphere Capital Management discuss the implications of easing geopolitical tensions, India's investment outlook, the future of the AI-driven market rally, emerging-market opportunities and whether elevated US valuations are creating a stronger case for global diversification.
A coffee producer and exporter is the newest purchase made by SBI Mutual Fund; Details here
Shares of Vintage Coffee and Beverages ended 2.7% higher on Thursday at ₹160.4. The stock has been an underperformer, having gained only 15% in the last five years. Over the last 12 months, the stock has risen 34%.
AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusion
Vodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasing AB Group's stake to around 13%. Chairman Kumar Mangalam Birla stated the company's focus now shifts to execution across operations, customer service, and network expansion. This capital infusion will support capital expenditure and loan repayment, reinforcing Vi's financial health.
Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losers - The Economic Times
Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersThe Economic Times
ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
Market Trading Guide: CCL Products among 2 stock recommendations for Wednesday
Domestic markets are showing signs of recovery after recent declines, aided by easing geopolitical tensions and softer crude prices. However, volatility persists due to FII outflows and global uncertainties. Analysts recommend CCL Products and CMPDI, citing strong technical setups, positive momentum and bullish chart patterns.
Grasim announces ₹3,094-cr investment for lyocell capacity expansion in Karnataka plant
The expansion will add 110,000 TPA capacity at Harihar; total cellulosic staple fibre capacity slated to exceed one million tonnes annually by 2030. Grasim Industries, a Aditya Birla Group company, shares closed at ₹3,060.30 on the NSE on June 8, down 0.89%, or ₹27.40.
Quantum Advisors' Nilesh Shetty sees value in private banks and IT; trims exposure to metals
Nilesh Shetty, Portfolio Manager at Quantum Advisors, believes India could benefit if the global AI trade loses momentum, though he does not expect foreign inflows to pick up meaningfully amid concerns over the rupee and geopolitical tensions. The fund remains positive on private sector banks, insurance companies and large-cap pharma stocks, while selectively adding IT services and logistics names. At the same time, it has been trimming metal and commodity exposure after a strong three-year rally, with Shetty seeing better opportunities in IT for patient investors. 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.
Praggnanandhaa Scripts History, Becomes First Indian To Win Norway Chess Title
Competing in Norway Chess for only the second time, Praggnanandhaa endured a slow start in the elite six-player field before gathering momentum in the second half of the event.
Sensex rises over 200 points, Nifty above 23,400 as investors eye RBI MPC meet outcome
Indian stock markets are trading higher today. Sensex and Nifty are extending their gains for a second day. Investors are keenly watching the Reserve Bank of India's Monetary Policy Committee meeting. Market analysts expect the RBI to hold interest rates but signal future hikes. This policy decision will influence banking, auto, and real estate sectors.
Vodafone Idea shares rally 7% to fresh 52-week high despite market crash. What's behind the surge?
Vodafone Idea shares surged nearly 7% to a new 52-week high after ICRA upgraded the telecom operator’s rating and revised its outlook. Investor sentiment was further boosted by lower AGR dues, promoter support from the Aditya Birla Group and Citi removing its ‘High Risk’ tag while maintaining a bullish outlook.
Tata Motors commercial vehicle sales soar 17% at 32,850 units in May
Tata Motors has announced strong sales figures for May. Total commercial vehicle sales saw a significant 17 percent increase. Domestic sales also climbed by 19 percent, showcasing robust performance. While international volumes experienced a slight dip, the overall trend indicates positive momentum for the company's commercial vehicle segment. This growth reflects a healthy market for Tata Motors' offerings.