Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Hotel giants bet India’s local travel boom can defy slowdown
Major hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite economic concerns. Prime Minister Modi encourages local holidays. India's tourism market is set for significant expansion. New hotels are planned across the country. This signals a bright future for Indian hospitality.
Mid and smallcaps get the money as Nifty lags
Investors are increasingly bullish on mid and small-cap stocks, reflecting a notable shift in market sentiment. The Advance-Decline Ratio has shown resilience for the past two months, leading to record highs in midcap and smallcap indices. Meanwhile, large-cap stocks are grappling with foreign selling pressure, suggesting that mid and small caps may continue to shine in the near future.
India’s anti-obesity drug market sees slower growth after initial surge in generic semaglutide sales
India's anti-obesity drug market sees a slowdown after initial generic semaglutide sales. Demand has eased from its peak, with growth moderating. Doctors note that physician training and patient education are now crucial for future market expansion. Meanwhile, tirzepatide shows a recovery, maintaining its market position. Competition remains intense with numerous semaglutide brands.
Titan Company shares gain 2%. Why JPMorgan, others see up to 28% upside after analyst call?
Titan shares are seeing gains as brokerages maintain a positive outlook. The company has outlined ambitious growth plans for the coming years. Key businesses like Tanishq are expected to see significant revenue and profit increases. Analysts highlight Titan's strong market position and ability to navigate challenges. Future growth is anticipated from both jewellery and other segments.
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.
India plays large role in AI era of Windows: president Davuluri
Windows chief Pavan Davuluri says India contributed significantly to the operating system’s new agentic AI capabilities and remains a priority market for future growth.
Mastercard to look beyond card biz; target tier 3 & 4 markets for growth
Mastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. Mastercard is focusing on new customer segments and underserved markets. They are also developing solutions for commercial payments. Mastercard aims to be part of all emerging payment technologies.
MPC's repo rate pause will help stabilise growth: SBI chairman
State Bank of India Chairman CS Setty anticipates a Reserve Bank of India interest rate pause to foster stable growth. He highlighted India's future economic expansion depends on boosting entrepreneurship, improving market access, and investing in its large young population. Banks must scale up financing for infrastructure, manufacturing, and green initiatives to meet ambitious targets.
MPC's repo rate pause will help stabilise growth: SBI chairman
State Bank of India Chairman CS Setty anticipates a Reserve Bank of India interest rate pause to foster stable growth. He highlighted India's future economic expansion depends on boosting entrepreneurship, improving market access, and investing in its large young population. Banks must scale up financing for infrastructure, manufacturing, and green initiatives to meet ambitious targets.
Unilever says co won't miss India's premium boom like it did in China
Unilever CEO Fernando Fernandez stated the company will not repeat past mistakes in China by being late to India's premium market. He emphasized accelerating the introduction of global prestige home and personal care brands, identifying India as a key priority market for future growth and acquisitions in the beauty and personal care segment.
ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators
Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over or if more is expected. Registrations are open.
Sebi mulls allowing InvITs to add road expenses back into NDCF calculation
Market regulator Sebi on Monday proposed allowing InvITs to add payments made for major maintenance of road projects back into Net Distributable Cash Flow (NDCF) computation, capped at the amount funded by external debt. This mechanism should apply only to the 'Roads and Bridges' sector and requires strict unitholder approval. The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed by InvITs for incurring major maintenance expenses of road projects while calculating the NDCF. The industry association highlighted that although major maintenance (MM) expenses extend the road's life and enhance its quality, they cannot be capitalised under generally accepted accounting principles because they do not generate future economic benefits, such as extended concession periods or increased toll revenue. Since InvITs (infrastructure investment trusts) holding road projects