Market News
Stay updated with the latest market trends, earnings, and economic indicators.
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancing
IRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund more metro projects. The company plans to raise Rs 70,000 crore this financial year. This move signals significant growth for metro infrastructure financing in India.
Quantum AMC’s Christy Mathai sees private banks, insurance as long-term bets amid earnings risks
Christy Mathai, Fund Manager-Equity at Quantum AMC, believes elevated crude and input costs could lead to earnings downgrades across sectors over the next year, especially in consumer discretionary. Despite near-term uncertainty, he remains constructive on private banks, life insurance and select real estate plays from a longer-term perspective. Mathai also said valuations in power and data centre-related themes remain expensive despite strong structural growth opportunities.
Adani Total Gas Ltd soars 1.13%, rises for third straight session
Adani Total Gas Ltd is quoting at Rs 660.15, up 1.13% on the day as on 12:49 IST on the NSE. The stock is down 1.43% in last one year as compared to a 4.24% gain in NIFTY and a 12.95% gain in the Nifty Energy index.
Adani turning back the clock: How two group stocks created Rs 1.3 lakh crore wealth in a lopsided Nifty year
Adani Enterprises and Adani Ports have generated over Rs 1.3 lakh crore in investor wealth this year. These two Adani Group stocks have significantly outperformed the Nifty index. This surge is driven by strong operational performance and renewed investor confidence. Adani Ports shows robust cargo growth and expansion. Adani Enterprises benefits from growth in airports and new industries.
Bitcoin Investors Sell Hardest Just When Prices Start to Recover
Bitcoin’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in is the one that also prompts some of the heaviest selling.
India is the future and will be one of the biggest markets for us: Airbnb CEO Brian Chesky
Airbnb is significantly expanding its presence in India, driven by a large Gen Z population and the potential of AI. The company aims to become a broader travel and lifestyle platform, leveraging AI to accelerate product development and enhance customer support in this key growth market.
'Playing the long game': Airbnb CEO Brian Chesky eyes India as one of firm's biggest global markets
Airbnb is committed to a long-term strategy in India, a rapidly growing market. CEO Brian Chesky highlighted significant investments planned for the country. India's large Gen Z population and rising middle class are key drivers for Airbnb's future growth.
Nifty to trade in 28,000–30,000 range in FY27 led by earnings: Smallcase managers
Smallcase managers remain optimistic on India’s equity markets despite the Nifty declining over 9% this year, projecting the benchmark index to reach the 28,000–30,000 range by the end of FY27. They expect future market gains to be driven by earnings growth rather than valuation expansion, with investors focusing on sustainable profitability and execution
India's private sector growth fades in May as a manufacturing growth slows
Growth across India's private sector economy faded slightly halfway through the first fiscal quarter, with the latest HSBC Flash PMI figures showing weaker increases in total new orders, international sales, employment and business activity. After retreating in April, input price inflation ticked higher, but firms limited the pass-through of additional cost burdens to clients by lifting output charges to a lesser extent. Service providers outperformed manufacturers and experienced softer inflationary pressures. Registering 58.1 in May, the HSBC Flash India PMI Composite Output Index a seasonally adjusted index that measures the month-on-month change in the combined output of India's manufacturing and service sectors was down only marginally from 58.2 in April and therefore signalled another marked expansion in private sector activity. Underlying data showed that a pick-up in growth across the service economy was offset by a weaker increase in factory production, one that was the ...
JSW Energy Ltd up for fifth session
JSW Energy Ltd is quoting at Rs 534.85, up 0.32% on the day as on 12:44 IST on the NSE. The stock is up 5.95% in last one year as compared to a 4.88% drop in NIFTY and a 12.23% drop in the Nifty Energy.
Aegis Logistics Ltd soars 1.82%, up for fifth straight session
Aegis Logistics Ltd is quoting at Rs 713.25, up 1.82% on the day as on 12:44 IST on the NSE. The stock is down 20% in last one year as compared to a 4.88% spurt in NIFTY and a 12.23% spurt in the Nifty Energy.
Cognizant Doubles 2026 Buyback To $2 Billion, Signals Strong AI-Led Growth
With this revision, Cognizant's total share repurchase authorisation now stands at $3.45 billion, marking one of its most aggressive capital return programmes in recent years.