Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Adani Energy raises $500 million bilateral debt from Apollo
A unit of Adani Group raised about $500 million through a bond privately placed with funds managed by Apollo Global Management Inc., according to people familiar with the matter, highlighting the Indian conglomerate’s ongoing effort to tap funding outside the public dollar bond market.
IEX shares gain 4% after CERC notifies regulatory framework for Carbon Credit Certificates trading
Power exchanges are the primary venue for the trading of CCCs. It creates distinct compliance and offset market segments for obligated and non-obligated entities.
Stocks in news: Nazara Technologies, IndiGo, Hindustan Zinc, NTPC Green, RIL
Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a significant block deal. IndiGo's CEO stepped down. RIL is boosting LPG production. Vedanta calls for unlocking domestic resources. NTPC Green Energy added new solar capacity.
Gainers & Losers: Indigo, Paras Defence among 7 big movers on Wednesday
Indian markets tumbled as the Iran-Israel war escalated, dragging energy stocks lower. Nifty and Sensex fell sharply, while select stocks like Coal India and Bajaj Hindusthan Sugar bucked the trend.
Clean Max Enviro Energy bulk deal: Citigroup sells 8.3 lakh shares worth Rs 70 crore
Citigroup offloaded ₹70 crore worth shares in Clean Max Enviro Energy Solutions at a 20% discount to its IPO price after a weak debut on National Stock Exchange of India. The stock ended sharply lower amid muted retail participation despite institutional interest.
Waaree, Premier Energies shares rise 2% as brokers brush off US CVD fears
Indian solar energy stocks saw gains on Thursday. Brokerages reassured investors, downplaying the impact of new US import duties. Companies like Waaree Energies and Premier Energies are expected to remain largely unaffected. This is due to their sourcing strategies and limited reliance on Indian-made solar cells for US exports.
Philippines' Aboitiz in talks for majority stake in Fourth Partner
Philippine firm Aboitiz Power is in discussions to buy a significant stake in Indian renewable energy company Fourth Partner Energy. Early investors in Fourth Partner are looking to sell their holdings. This move signals continued investment in India's green energy sector. Fourth Partner Energy supplies power to commercial and industrial clients and has international projects.
Strong earnings: Trent, Vedanta among 10 largecaps that clocked highest profit growth of up to 125% YoY in Q3
Several Indian largecap companies showed strong financial results in the December quarter. Trent and Vedanta were among ten firms that achieved substantial profit growth, with some seeing increases up to 125 percent year-on-year. Other companies like Muthoot Finance, Siemens Energy, and TVS Motor also reported healthy profit jumps.
Weekly Tactical Pick: What’s the underlying power of this energy exchange?
Strong volume momentum, diversified growth engines, and easing valuations position the stock for re-rating despite regulatory overhang
Stocks to Watch Today: InterGlobe Aviation, Concord Biotech, NMDC, Lumax Auto Tech, Olectra Greentech, Cyient. Lupin, PB Fintech in focus on 01 June
Stocks to Watch, 1 Jun: InterGlobe Aviation, Gujarat Gas, Concord Biotech, Indian Renewable Energy Development Agency, NMDC, Glenmark Pharma, Olectra Greentech, Lumax Auto Technologies, Inox Wind, PNC Infratech, and Cyient will be in focus on June 1.
Nifty recovers 200 points from intra-day lows; IT continues outperformance | Closing Bell
Indian equities erased all the intraday losses with Nifty back above 23,500. TCS, Infosys, HCL Tech, Tech Mahindra, Trent are among top gainers on the Nifty, while losers are NTPC, Power Grid Corp, Cipla, Dr Reddy's Labs and L&T. Among sectors IT index up 4%, while auto, metal, Consumer Durables, realty up 0.5% each. However, pharma, healthcare, power, media, energy down 0.5-1%. Nifty Midcap and Smallcap indices down marginally. Catch Lovish Darad in conversation with Market Experts.
Stocks to Watch Today: Indian Hotels, Syrma SGS, Groww, Afcons Infra, Bharat Forge, HG Infra, Munjal Auto, HFCL, Windsor Machines in focus on 12 May
Stocks to Watch May 12: Stocks like Indian Hotels Company, JSW Energy, Satin Creditcare Network, Paradeep Phosphates, Syrma SGS Technology, Billionbrains Garage Ventures Groww, Afcons Infrastructure, HFCL, Bharat Forge, and HG Infra Engineering will be in focus on May 12.