Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Top Gainers & Losers on June 12: MTAR Tech, Ashok Leyland, Tata Motors, Anant Raj, UCO Bank, HPCL among top gainers
The Indian stock market surged on June 12, with the Nifty 50 and Sensex gaining 2% and 2.1%, respectively, amid easing tensions in the Middle East. Strong buying across sectors, particularly in auto and real estate stocks, marked the day despite some laggards.
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in history
Vodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promoter confidence. With funding support, easing AGR pressure and improved ratings, investor focus now shifts to execution, network expansion and the company’s long-term turnaround prospects.
Can India Create a Financing Ecosystem for $1 Trillion Real Estate sector? - Investing.com India
Can India Create a Financing Ecosystem for $1 Trillion Real Estate sector?Investing.com India
AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusion
Vodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasing AB Group's stake to around 13%. Chairman Kumar Mangalam Birla stated the company's focus now shifts to execution across operations, customer service, and network expansion. This capital infusion will support capital expenditure and loan repayment, reinforcing Vi's financial health.
From Dhobi Ghat to luxury towers: How redevelopment is unlocking Mumbai's next real estate boom
Mumbai's property landscape is shifting towards redevelopment as developable land becomes scarce. Historic Mahalaxmi is transforming into a premium residential hub, driven by infrastructure upgrades and developer focus on established neighbourhoods. This trend signals a future growth model for the city, prioritizing reinvention over outward expansion.
AI Adoption In Indian Corporate Real Estate Ecosystem Surges Past 90%, Says Report
The changing investment landscape suggests a broader change in the real estate sector.
Stock market news: This Real estate company looks to raise Rs 1,000 crore by issuing warrants, check share pr - India.Com
Stock market news: This Real estate company looks to raise Rs 1,000 crore by issuing warrants, check share prIndia.Com
Record 5.4 lakh homes set for delivery in 2026, but West Asia war clouds execution outlook
India's top cities are set for a record housing completion in 2026. Over five lakh homes are scheduled to be delivered. Developers face challenges due to global conflicts impacting costs. This year will test their execution capabilities. Successful delivery will boost buyer confidence and mark a new phase for real estate.
Market Trading Guide: Akums Drugs among 4 stock recommendations for Thursday
Domestic equities ended lower amid global uncertainty and caution ahead of key US inflation data. Despite market weakness, analysts remain bullish on Akums Drugs and Aditya Birla Sun Life AMC after strong technical breakouts, rising volumes and improving momentum indicators.
Ajanta Pharma promoter sells ₹1,024 crore stake; mutual funds step in as buyers
A promoter entity of Ajanta Pharma has sold a 2.8% stake in the drugmaker for over ₹1,000 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund emerging as the key buyers.
Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MF
A promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund acquiring the stake. The transaction comes amid strong earnings growth, healthy margins and sustained momentum in the company’s pharmaceutical business.
Godrej Properties sells over 1,000 apartments in Bengaluru for Rs 2,000 crore
Godrej Properties has achieved a significant milestone in Bengaluru. The company sold more than 1,000 apartments in its new residential project, Godrej Vanantara. This sale generated over Rs 2,000 crore. The project, launched in early June, spans 36 acres. This strong performance highlights the company's successful customer-centric approach and strategic planning in the real estate market.