Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.
Gold: Bearish Momentum Builds as Inflation Pressures Persist - Investing.com India
Gold: Bearish Momentum Builds as Inflation Pressures PersistInvesting.com India
Nifty outlook for July 7: Index within touching distance of two key levels as upmove continues
After opening in positive territory, the Nifty remained firmly in the green for most of the day, extending Friday's breakout above the crucial 24,200 level. The index ended 0.66% higher at 24,430.
Chinese markets end mixed as technology stocks lose momentum
Technology stocks came under pressure as concerns emerged over the sustainability of the recent AI-led rally. Investor sentiment weakened after reports that Nvidia's next-generation AI server rack system could face delays due to manufacturing issues. As a result, stocks such as Zhongji Innolight, Eoptolink Technology, NAURA Technology and Victory Giant Technology ended lower.
IndusInd Bank among 6 stocks to hit 52-week highs & rally up to 25% in a month
Six BSE 100 stocks, including Cholamandalam Investment, IndusInd Bank and Lupin, touched fresh 52-week highs as the Sensex climbed 521 points. The milestone reflects strong buying interest, positive momentum and growing investor confidence amid the broader market rally.
Nomura names M&M, Hyundai, Ather Energy as top picks after June auto sales; says EV penetration at inflection point
Nomura remains positive on India's automobile sector after strong June sales, saying electric vehicle adoption has reached an inflection point. The brokerage expects continued momentum driven by new launches and improving charging infrastructure, while naming Mahindra & Mahindra, Hyundai Motor India, Ather Energy and Sona BLW among its top picks.
This logistics stock is set to double in 2026 after a 130% upmove in 2024; Details here
The momentum in the stock has been particularly strong over the past month. Aegis Logistics' shares rallied 56.85% in June, its best monthly performance since January 2012, when it had advanced about 57%.
AU Small Finance Bank's growth engine is intact, but questions remain
Whether the momentum in the lender's mainstay vehicle financing has sustained in Q1 amid rising crude oil and commodity costs and a fading GST 2.0 push has to be seen.
Midcap stocks ignore Middle East war, AI worries to jump up to 85% in 2026. More rally or sharp correction ahead?
Despite a weak first half for benchmark indices, India's midcap stocks outperformed, driven by resilient domestic inflows, stronger earnings and sectoral tailwinds. Analysts expect the momentum to continue, although elevated valuations, geopolitical risks, crude oil prices and the sustainability of domestic fund flows remain key factors to watch.
12 Bank Stocks, New Ratings And Top Picks — Key Takeaways From Systematix's Q1 Results Preview
Banking system credit growth remained robust during the quarter, supported by broad-based momentum across the services, industry, and retail segments.
HDFC Bank gains 2% on Q1 business update; brokerages decode fine print
HDFC Bank's business momentum remained steady, with sequential advances and deposits continuing to register healthy growth, said ICICI Securities in a note.
Poly Medicure among 4 stocks that closed below VWAP
Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.