Sensex, Nifty Plunge ₹6 Lakh Crore; SBI MF Acquires Asian Paints Stake Sensex fell 823.16 points, Nifty fell 253.20, wiping out ₹6 lakh crore of investor wealth. SBI MF acquired a 3.6% stake in Asian Paints from Reliance for ₹7704Cr. Paytm's stock crashed 10% after MDR on UPI transactions was dismissed. NSDL plans to launch its IPO in July 2025, aiming to raise approximately $400 million. Orkla India (formerly MTR Foods) filed its DRHP with Sebi for an IPO. Total 1495 words · 6 mins read29 More Stories21 hours ago29
HSBC Predicts Sensex to Hit 82,240 by 2025; Orkla India Files for IPO HSBC forecasts Sensex at 82,240 by 2025, naming HDFC Life, Ujjivan SFB as top picks. Orkla India (MTR) files DRHP with SEBI for an IPO of 2.28 crore shares. Aditya Birla Capital shares up 3% after Advent International sells stake in block deal. NSE gets SEBI approval to launch monthly electricity futures contracts. ICICI Prudential AMC may raise $1.2B via IPO, valuing firm around $12 billion. Total 1345 words · 6 mins read25 More StoriesWed, 10:29 PM28
Suzlon Energy Q4 Profit Soars 365%; RattanIndia Power's Net Profit Plunges 99% Suzlon Energy's Q4FY25 net profit surged 365% YOY to Rs 1,182 crore. RattanIndia Power's Q4FY25 net profit plummeted 99% YOY to Rs 126 crore. Silver futures hit an all-time high of ₹1,07,171 per kg on MCX. Grasim climbed 4.4% after Morgan Stanley upgraded it to ‘Overweight’ with a target of Rs 3,500. India's hiring confidence steady for July-September 2025, NEO at 42%, second highest globally. Total 1663 words · 7 mins read38 More StoriesTue, 10:30 PM28
Indian Indices Surge to Eight-Month High; Bank Nifty Hits Record RBI's surprise policy easing and U.S.-India trade talks boosted Sensex and Nifty. MCX shares jumped 7% after approval to launch electricity derivatives in India. Bajaj Finance shares hit a 52-week high after announcing a stock split and bonus issue. Afcons Infra shares jumped nearly 6% after securing Rs 700 crore Reliance order. Capri Global shares surged 19.5% after launching Auto Pay for Gold Loans. Total 1947 words · 8 mins read39 More StoriesMon, 10:30 PM27
Indian Stock Market Soars; Reliance Industries Leads Gains Top 10 firms' market cap surged by ₹1,00,850 crore last week, led by Reliance and HDFC. Reliance Industries' market cap increased the most (₹30,786.38 crore); TCS declined (₹28,510.53 crore). FIIs net sellers (₹3,565 cr), DIIs buyers (₹25,510 crore) in early June, stabilizing the market. RBI implemented a 50 bps repo rate cut, boosting market sentiment and investor confidence. LKP Securities suggests buying National Aluminium around ₹188, targeting ₹200 with a stop-loss at ₹183. Total 1808 words · 8 mins read44 More StoriesSun, 10:30 PM21
RBI Cuts Repo Rate by 50 bps, CRR Reduced; Lower Inflation Forecast Boosts Market Sentiment RBI unexpectedly cut repo rate by 50 bps and reduced CRR, releasing ₹2.5 trillion liquidity. RBI lowers FY26 inflation forecast to 3.7%; rate cut may boost corporate earnings by 250 bps. FPIs withdrew ₹8,749 crore from Indian equities; net sellers at $1.02B on June 6. Nifty PSU Bank Index outperforms; Energy, Media, Realty, Auto Indices are improving. Bajaj Finance fixed June 16 as record date for 1:2 stock split and 4:1 bonus issue. Total 1001 words · 5 mins read15 More StoriesSat, 10:29 PM30
RBI Cuts Repo Rate and CRR; Sensex and Nifty Surge RBI unexpectedly cut the repo rate by 50 bps to 5.5% and CRR by 100 bps to 3%. Sensex jumped 747 points to 82,188, and Nifty rose 252 points to 25,003 after RBI's rate cut. RBI's CRR cut of 100 bps is expected to inject ₹2.5 lakh crore into banking system. Bajaj Finance surged 4.93%, Axis Bank climbed 3.15%, and Maruti advanced 2.64% after RBI rate cut. Zerodha reported a 62% profit increase to ₹4,700 crore in FY24, with no IPO plans. Total 1282 words · 6 mins read24 More StoriesFri, 10:29 PM27
Silver Hits Record High; BAT Sells ITC Stake for ₹12,000 Crore Silver reached a lifetime high of ₹1,04,100 per kg on June 5, 2025. BAT sold part of its ITC stake for over ₹12,000 crore on June 6, 2025. KEC International secured fresh orders worth ₹2,211 crore on June 5, 2025. Sensex closed up 443.79 points and Nifty added 130.70 points on June 5, 2025. RBI's MPC began meeting June 5, 2025; decision due June 6 at 10:00 AM. Total 1335 words · 6 mins read26 More StoriesJun 5, 10:29 PM29
Indian Markets Rebound; Vodafone Idea Stock Dips After Ericsson Stake Sale Nifty50 closed at 24,620.20 (+77.70 points); Sensex at 80,998.25 (+260.74 points) on June 4, 2025. Vodafone Idea slipped nearly 2% after Ericsson India sold its remaining 0.6% stake. Flipkart sold its entire 6% stake in Aditya Birla Fashion & Retail for Rs 582 crore. RBI's MPC began meeting amid expectations of a rate cut to bolster economic growth. Yes Bank board approved fundraising of ₹16,000 crore via equity and debt instruments in FY26. Total 2053 words · 9 mins read46 More StoriesJun 4, 10:30 PM30
Indian Market Plunges on Global Uncertainty; Yes Bank Shares Slump 10% Sensex fell 634-740.51 points, Nifty declined 174-188.10 points amid global trade tensions. (2025-06-03) Yes Bank shares slumped 10.31% after SMBC stake acquisition clarification. (2025-06-03) BAT offloaded 2.5% stake in ITC for ₹12,900 crore to support buyback. (2025-06-03) Citigroup acquired Ola Electric shares for ₹435 crore, shares dropped 8%. (2025-06-03) FIIs offloaded ₹2,589 crore in Indian shares; DIIs bought ₹5,313.76 crore. (2025-06-02) Total 2175 words · 9 mins read41 More StoriesJun 3, 10:29 PM29