Market News

RIL announces AGM date on June 19; updates on Jio IPO in focus

Reliance Industries Ltd will hold its 49th annual general meeting on June 19, 2026. The company reported strong revenue and growth in its consumer businesses for the fiscal year. Investors anticipate updates on Reliance Jio IPO and new energy ventures. The meeting will cover the company's future investment plans and retail expansion.

Bharti group seeks UK support to raise BT stake, sources say

Bharti Enterprises is exploring the possibility of raising its stake in British telecom company BT to just below 30%, according to people familiar with the matter. The Sunil Bharti Mittal-led group is seeking UK government approval that would be required if its holding crosses 25% under Britain’s National Security and Investment Act.

K Hospitality launches investment arm with ₹200 cr corpus to back consumer companies

K Hospitality Corp has launched Kliff Ventures with a ₹200 crore corpus to invest in early-stage consumer and retail brands across food, lifestyle and allied sectors.

Sowilo’s Sandip Agarwal sees 6–7% dollar revenue growth in IT services over next 2–3 years

Sandip Agarwal Fund Manager at Sowilo Investment Managers which manages assets worth nearly $20.44 million as of April 30, 2026, makes a case for Indian IT stocks despite global uncertainty. He points to rupee weakness, a 40–50% valuation correction, and the early stages of an AI-driven services cycle as key reasons to buy. He expects 75% earnings growth over three years and favours large and midcap traditional IT services over expensive ER&D names. 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.

North Star: UK’s BII, Denmark’s CIP unveil $300 million green energy platform in India

British International Investment and Copenhagen Infrastructure Partners launch North Star, a $300 million dollar platform to fund renewable projects in India and cut emissions

Stanrose Mafatlal Investment & Fin. Does not recommend dividend

Retail investing has surged in India, but rural participation remains low, says Sebi Chief Tuhin Kanta Pandey

India's securities markets have seen substantial growth. Retail investor numbers have surged, and market capitalization has climbed significantly. However, actual investment participation lags behind awareness. SEBI is enhancing investor protection and launching initiatives to boost financial literacy. Disciplined long-term investing is encouraged for financial empowerment.

INR hits record low beyond 96 per dollar mark during intraday moves

The Indian rupee crashed below the 96/USD mark on Friday before closing at an all-time low of 95.86 (provisional) against the US dollar as elevated crude oil prices and inflation concerns added to the downside pressure on the rupee. Indian shares also reversed early gains to end modestly lower on Friday as Hormuz concerns persisted and the Trump-Xi summit yielded little progress on the war in Iran. The domestic currency has registered over 6 per cent losses so far this year, and in the past six trading sessions, it has depreciated nearly 2 per cent as Iran war risk escalation pushed crude oil prices higher. The dollar index moved northwards after strong US retail sales and stable labour market data reduced expectations of aggressive Federal Reserve rate cuts. Global uncertainties, relatively high valuations, and the lack of AI-led investment opportunities have weighed on capital flows.

Geosphere Capital's Arvind Sanger skeptical on Trump-Xi deal, warns oil threatens AI rally

Arvind Sanger, Managing Partner of Geosphere Capital Management says rising crude prices, inflation risks and prolonged geopolitical tensions could weigh on Indian markets, while the US AI investment cycle continues to remain resilient despite concerns around valuations and returns.

India retail realty leasing touches 3.1 million sq ft in Q1; high streets outpace malls

India's retail property market is off to a strong start. Leasing activity remains robust, with retailers increasingly opting for high streets and other formats due to limited new mall supply. This trend highlights the sector's resilience and adaptability. A significant development pipeline is set to boost organized retail in the coming years, promising further expansion and investment.

BHEL shares' 85% returns, strong earnings fuel ownership churn as retail trims while FIIs, MFs raise exposure

BHEL shares have delivered an impressive 85% return over the past year, fueled by robust earnings. This performance has attracted significant institutional investment, with Foreign Institutional Investors and Mutual Funds substantially increasing their stakes. Retail investors have reduced their holdings.

Reliance eyes billions in LEO satellites to build India's answer to Starlink

Reliance Industries is set to make a significant entry into satellite communications. The company plans a multi-billion dollar investment in the low earth orbit segment. This move positions Reliance against global players like Starlink and Amazon Leo. Six teams are working on various project aspects. The initiative aligns with India's goal for a domestic satcom presence.