Market News

BSE Ltd eases for fifth straight session

BSE Ltd is quoting at Rs 3676.2, down 0.2% on the day as on 13:19 IST on the NSE. The stock jumped 45.66% in last one year as compared to a 4.91% slide in NIFTY and a 1% fall in the Nifty Financial Services index.

Blue Tokai brews up competition with Starbucks in India’s potential $1.15 billion market: Report

Specialty coffee chain Blue Tokai plans to triple its store count to 800 by FY30. The company aims to open 120 new cafes this financial year. Blue Tokai is also in discussions to raise at least $100 million in funding. Revenue is expected to grow by over 50% to Rs 8 billion this year. The firm anticipates becoming profitable by March 2028.

Laser Power & Infra IPO: GMP, price band to financials—10 things investors should know before subscribing

Laser Power & Infra's IPO opens July 9, 2026, aiming to raise ₹742 crore. The price band is set at ₹203-214 per share, with a minimum investment of ₹14,980. Recent financial growth includes 39.84% revenue CAGR, and positive grey market premium indicates strong investor interest.

Swiggy's foreign shareholding falls below 50%: What it means for investors

Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial maintains a 'Reduce' rating with an unchanged target price.

NBFCs' credit growth accelerates to 14.2% in May 2026

RBI released data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of May 2026, collected from major NBFCs and housing finance companies (HFCs).

PC Jeweller jumps 6% after repaying 2 consortium banks; eyes debt-free status by Q2 FY27

PC Jeweller shares climbed 6.5% after the company said it had repaid all outstanding debt owed to two of its 14 consortium banks under a September 2024 settlement agreement. Calling it a key milestone in its turnaround, the jeweller said it expects to clear the remaining debt and achieve debt-free status during the current quarter, strengthening its financial position.

M3M India lines up Rs 2,500 crore for land acquisition

M3M India will invest Rs 2,500 crore in land acquisition over coming months. The company plans to accelerate construction of its extensive under-development portfolio. This significant investment will be funded by customer receivables and existing cash reserves. M3M India aims to expand its presence in Noida through upcoming land auctions. The developer is also completing several residential and commercial projects this financial year.

Here's why HSBC prefers private banks over its PSU peers — Check top picks

HSBC has now increased its profit after tax (PAT) estimates for large private banks under its coverage by 1% to 6% across financial year 2027-2029.

IC Electricals IPO allotment today: SME IPO subscribed 420x, GMP rises. Here's how to check status online

IC Electricals allotment date is likely to be finalised today, July 8. Investors can check your IPO allotment status online through the websites of NSE, BSE and the IPO registrar - Skyline Financial Services.

Jio Financial Services Share Price Live Updates: Jio Financial Services shows resilience in returns.

Trent slides 12% as Q1 growth fails to impress

Trent shares experienced a significant single-day decline on Tuesday. This drop followed first-quarter financial results that did not meet market expectations. Revenue growth was largely driven by recently opened stores in smaller towns. These new locations show lower revenue per square foot compared to metros. Analysts remain optimistic about Trent's long-term growth prospects.

Genworth Financial stock falls as CEO takes medical leave By Investing.com - Investing.com India

Genworth Financial stock falls as CEO takes medical leave By Investing.comInvesting.com India