Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Geographic diversification helps SFBs revive microfinance growth
Small finance banks are expanding microfinance lending rapidly due to geographical diversification. Equitas and Ujjivan witnessed significant growth in microfinance outstanding this fiscal year. Utkarsh, however, reduced its micro loan exposure due to concentration risks. ESAF Small Finance Bank also reported a rise in micro loans and gross advances. Overall, the sector shows signs of revival, offering new business opportunities.
A sluggish start has cement makers banking on H2 recovery: Report
India's cement sector anticipates sluggish volume growth in the first half of fiscal year twenty twenty-seven. Rising input costs and weak demand will likely pressure cement prices throughout this period. April twenty twenty-six price increases are not expected to fully offset profitability declines for companies. Fresh supply additions during fiscal years twenty twenty-seven and twenty twenty-eight will also keep prices subdued.
NTPC Green Energy to raise ₹2,500 crore via 10-year NCDs through private placement
The company will raise ₹2,500 crore through 10-year non-convertible debentures to fund expansion and other corporate needs, while also commissioning a 50.4 MW wind project in Gujarat.
EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
NBFC credit grows 14% in May, led by retail and farm loans
Loans against gold jewellery remained the fastest-growing segment, surging 70% year-on-year to ₹3.29 lakh crore in May, compared with 39% growth a year earlier.
NBFC's Gold Loans Surged 70% YoY In May, Fastest Growing In All Lending Segments, Says RBI Data
Loan growth to the industrial sector moderated to 7.3% in May from 10.0% a year ago.
Auto components industry expected to grow 8-10% in FY27: ACMA
Experts predict an 8-10 percent growth for India's auto component sector this fiscal year, riding on robust domestic demand and export performance. However, the industry faces challenges, including a trade deficit driven by higher imports of electronics and EV components, as well as labor shortages affecting small to medium enterprises. Still, the long-term outlook of the sector is hopeful.
Eternal stock up 2%; Motilal Oswal retains buy for 31% upside
Motilal Oswal Financial Services has reiterated its 'Buy' rating on Eternal stock for a target price of ₹380, implying an upside of 31 per cent from its current price.
Market's worst phase is over; focus on picking the right stocks, says Quant Mutual Fund's Sandeep Tandon
Sandeep Tandon believes the next few months will reward investors who pick strong companies rather than simply betting on the broader market, with infrastructure, power and select energy stocks among his top bets.
SBI Mutual Fund IPO Review: A Complete DRHP Analysis - Groww
SBI Mutual Fund IPO Review: A Complete DRHP AnalysisGroww
Tata Group-owned IHCL signs 20 hotels in Q1, says poised to achieve 700-hotel portfolio by 2030
Indian Hotels Company Ltd signed twenty new hotels during the first quarter. The company is well poised to reach seven hundred hotels by the year 2030. Seventeen of these signings focused on growth brands like Gateway and Ginger. Taj also reached a milestone of one hundred fifty hotels with three new signings. IHCL expanded its operating portfolio to over three hundred eighty hotels globally.
P N Gadgil Jewellers clocks 41% YoY growth in Q1 revenue; retail revenue share rises to 78%
P N Gadgil Jewellers has reported 41% year-on-year (YoY) growth in revenue for the three-month period ended on 30 June 2026.