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Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowess
South Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India faces headwinds from a weakening rupee and lack of AI exposure. Despite current challenges, Morgan Stanley remains optimistic about India's long-term growth prospects, citing improving earnings and macro support.
Stocks To Buy: The one key trigger that can take this railway stock higher by 36%
Titagarh Rail is a near-consensus buy recommendation among the 12 analysts who track it, as 11 of them have a "buy" rating. The other one has a "hold" recommendation with no "sell" ratings. The consensus estimates of price targets implies an upside potential of 24% from current levels.
Transrail Lighting bags ₹575 crore orders, holds L1 position in projects worth another ₹400 crore
The order book includes a contract for the construction of a 500 kV high-voltage direct current (HVDC) transmission line for an undisclosed customer, along with product supply orders from international markets, a specialised civil construction project and pole supply contracts.
Centre starts selection process to appoint two whole-time Sebi members
The Department of Economic Affairs has invited applications for two Sebi whole-time member positions as the tenure of two current members nears completion later this year
NMDC: 21% Upside Seen as Systematix Raises Target Price Post Q4 Results — Check Key Triggers
Systematix has revised NMDC's target price upward, implying a potential upside of 21% crom current levels.
Nomura Picks Potential Winners Of The Data Centre Boom In India; Calls It A Decadal Opportunity
Nomura is forecasting a staggering 30% CAGR through 2030, potentially lifting total capacity to around 7 gigawatts from the current 1.5-1.6 gigawatts.
Oil Prices On June 2: Brent Crude Steadies Below $95 As US-Iran Talks Enter Another Phase of Uncertainty
The lack of clarity around the extension of the current ceasefire has created sharp swings in oil prices over recent weeks.
Sebi to relax InvIT cash flow distribution rules
Sebi has proposed a relaxation in the net distributable cash flow calculation for road sector InvITs. The regulator will allow debt-funded major maintenance expenses to be added back, addressing industry concerns that current rules discourage project monetization through InvITs.
Companies turn to private market deals amid IPO slowdown, says Deloitte's Berry
While companies continue to believe in India's long-term growth story, many are choosing to wait out the current turbulence before tapping public markets, creating opportunities for private equity, private credit and strategic investors.
JLR to raise $2 billion five-year loan from global banks to refinance debt
Jaguar Land Rover has announced a pivotal financial strategy, obtaining a $2 billion loan from leading multinational banks. This endeavor serves to refinance debts that are maturing early next year. With the loan priced at 155 basis points above the SONIA rate, it reflects a savvy approach amidst current market uncertainties.
Centre Raises Procurement Price Of Onions By 24% Under Buffer Stock Programme To Rs 15.80 Per Kg
Onion procurement for the current season commenced on May 15, with the revised price notified on May 22.
SMR Jewels IPO Day 4: Issue remains undersubscribed so far. Here's GMP, and other details
According to platforms tracking the unofficial market, the grey market premium (GMP) for the SMR Jewels IPO is currently nil. Based on the current GMP, the stock is expected to list at same as the issue price.