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NLC India shares in focus as government's Offer For Sale opens for non-retail investors
Among the public shareholders, mutual funds of India had a 9.49% stake in NLC India, led mainly by Nippon Life India AMC (5.65%) and Kotak Mahindra MF (2.6%). The stock is up over 30% so far in 2026.
TCS signs multi-year service agreement with Canada Life
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life's data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience, increase automation, and enhance user experience for its customers.
Sai Life, Laurus Labs hit new highs; stocks rally up to 40% in 6 months
Sai's management reiterated long-term guidance of 15-20 per cent revenue CAGR with 28-30 per cent steady state EBITDA margin over the next two to three years.
Govt considers selling 2% stake in Hindustan Zinc to raise ₹5,000 crore
The Department of Investment and Public Asset Management, which is under the Finance Ministry, aims to launch the process this month or in July

ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months
Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.
Nippon Life among 5 F&O stocks with sharp rise in futures open interest
Five stocks from the NSE F&O segment witnessed a sharp rise in futures open interest on June 4, indicating increased trading activity and fresh position build-up. The rise in open interest reflects stronger participation from traders, signalling growing conviction and potential momentum in derivatives-driven market action across select counters.
Wipro among 6 F&O stocks with a sharp rise in futures open interest
Six NSE F&O stocks, led by Nippon Life India Asset Management and GE Vernova T&D India, witnessed sharp increases in futures open interest, signaling heightened trader participation and fresh positioning.

Wall Street Giants Lose Out to Taiwan Rivals in New Wealth Race
Global asset management giants are being squeezed out in the race for a piece a $300 billion retail investment boom in Taiwan, surpassed by nimbler domestic competitors with massive brokerage networks.
Largecaps offer safety, midcaps provide growth: Axis AMC’s R Sivakumar
R Sivakumar, Chief Investment Officer at Axis Asset Management, believes the weakness in India's economy is cyclical and not structural. He expects growth to improve as the impact of past fiscal tightening and interest rate hikes fades. Sivakumar said retail investors have shown remarkable discipline by continuing SIPs and increasing investments during market corrections. He also advocated a balanced approach to investing, saying largecaps provide valuation comfort while midcaps continue to benefit from stronger earnings growth.

Camelian's Vikas Khemani sees manufacturing as India's biggest long-term opportunity
Vikas Khemani, Founder of Carnelian Asset Management and Advisors, said market weakness caused by geopolitical tensions and higher oil prices is temporary and expects conditions to improve once energy concerns ease.

SBI Funds Management IPO: Chairman CS Setty Confirms 2027 D-Street Debut
The IPO is expected to raise around Rs 13,000 crore, valuing the issue among the largest in India's asset management industry.
Volumes jump at UTI Asset Management Company Ltd counter
UTI Asset Management Company Ltd witnessed volume of 5.66 lakh shares by 10:46 IST on BSE, a 40.52 times surge over two-week average daily volume of 13965 shares