Market News
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Centre urges states to accelerate nuclear power plants and green energy storage
India is accelerating approvals for nuclear power plants and energy storage systems. This push is vital for the nation's growing data and AI centers. States are being urged to speed up clearances for proposed projects. The goal is to ensure a robust energy supply for future power needs. This initiative aims to enhance energy security across the country.
DRDO Achieves Major Missile Defence Breakthrough; Defence Minister Rajnath Singh Congratulates Team
The systems validated multi-layered defence capabilities, boosting India's strength against aerial and maritime threats.
A Bosch 'bear' turns bullish, raises target by 63% to highest on the Street
UBS said a recent repositioning of Bosch's portfolio has improved the investment case for the company. According to the brokerage, the acquisition of the Chassis Systems business enhances the stock's value creation potential, while recently announced joint ventures could provide additional upside.
Rane Steering Systems to acquire 26% stake in Hexa Energy BH Eleven
Hidden AI India winners add $48 billion on data-center boom
Indian industrial companies are experiencing significant growth by supplying components for data centers. This trend is driven by massive global investments in AI infrastructure. Firms making transformers, cooling systems, and cables are seeing substantial gains. This industrial capex cycle is a major contemporary investment trend. Foreign investors are increasing their stake in these companies.
MTAR Tech share price falls 11% as US client faces project uncertainty
The sharp decline in MTAR Technologies shares today followed reports that Crusoe Energy Systems LLC has paused work on a project in Wyoming, for which Bloom Energy was contracted as fuel cell supplier
Oil India Ltd leads losers in 'A' group
Avalon Technologies Ltd, TD Power Systems Ltd, IFCI Ltd and Manappuram Finance Ltd are among the other losers in the BSE's 'A' group today, 10 June 2026.
Indian IT stocks could deliver 40-70% earnings growth over three years: Sowilo's Sandip Agarwal
Sandip Agarwal, Fund Manager at Sowilo Investment Managers, is particularly bullish on small- and mid-cap IT companies and also sees opportunities in data centre infrastructure, cooling systems and related industrial sectors.
GRSE appoints Defence Ministry's Dr Vijay N Zade as government nominee director
Garden Reach Shipbuilders & Engineers (GRSE) said the Ministry of Defence has nominated Dr Vijay Namdeorao Zade, Joint Secretary (Naval Systems), as Part-Time Official Director (Government Nominee Director) on its board.
Pharma in her DNA, Wockhardt scion ready for deep dive in the US
Zahabiya Khorakiwala is leading Wockhardt's US business and the launch of its new antibiotic, Zaynich. This drug targets resistant bacterial infections and is a significant bet for the company. Zaynich's US approval marks a major breakthrough after decades without new antibiotics. Zahabiya is focused on hospital penetration, physician advocacy, and demonstrating economic value to healthcare systems.
Multibagger defence stock Apollo Micro Systems close to record high. Do you own?
Apollo Micro Systems rose over 2% on 9 June after announcing the trading approval of 13,000 newly allotted shares. The company also reported strong Q4FY26 earnings, with net profit of ₹38 crore and year-on-year revenue growth of 81%.
Railways approves Rs 448 crore upgrade for key South India routes
Indian Railways is upgrading electric traction systems on the Mahbubnagar-Secunderabad-Medchal and Bengaluru-Tumkur routes. This project will boost rail capacity and efficiency. The upgradation involves converting to a modern 2x25 kV system. This will ensure smoother, safer, and more reliable train operations.