HDFC Bank has announced robust financial results for the April-June quarter of FY27. Gross advances surge ...More

HDFC Bank has announced robust financial results for the April-June quarter of FY27. Gross advances surged 15.4% year-on-year to Rs 30.61 lakh crore. Advances under management also saw a healthy 12.4% increase. Deposits grew by 14.7% to Rs 31.71 lakh crore, with CASA deposits rising 9.4%, indicating strong customer confidence and business expansion. ...Less

Yes Bank reported an 18.4% year-on-year rise in loans to ₹2.85 lakh crore and a 14% increase in deposits ...More

Yes Bank reported an 18.4% year-on-year rise in loans to ₹2.85 lakh crore and a 14% increase in deposits to ₹3.15 lakh crore for Q1 FY27. The bank's liquidity coverage ratio improved, while deposits declined marginally on a sequential basis. ...Less

HDFC Bank witnessed robust growth in its June 2026 quarter results, with gross advances surging 15.4% yea ...More

HDFC Bank witnessed robust growth in its June 2026 quarter results, with gross advances surging 15.4% year-on-year to Rs 30.61 lakh crore. Deposits also climbed 14.7% to Rs 31.70 lakh crore. This strong performance, coupled with a slight increase in the loan-to-deposit ratio, signals growing confidence in the bank's balance sheet. Savers are increasingly favoring term deposits for better yields. ...Less

HDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until Septem ...More

HDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until September 18, 2026, easing concerns about leadership. This development follows speculation about former RBI Deputy Governor Rajeshwar Rao being considered for the permanent role. Mistry took over after Atanu Chakraborty's abrupt resignation. ...Less

IDFC First Bank reported strong provisional Q1 FY27 business growth, with loans and advances rising 20.6% ...More

IDFC First Bank reported strong provisional Q1 FY27 business growth, with loans and advances rising 20.6% year-on-year and deposits increasing 18%. CASA deposits and the CASA ratio also improved, reflecting healthy balance sheet expansion. The stock gained nearly 2% following the business update, while the bank maintained steady lending momentum. ...Less

Punjab National Bank's Q1 FY27 business update reveals a robust 12.85% year-on-year surge in global advan ...More

Punjab National Bank's Q1 FY27 business update reveals a robust 12.85% year-on-year surge in global advances, reaching Rs 12.75 lakh crore. Deposits also saw a healthy 8.52% rise. The bank's overall global business crossed Rs 30 lakh crore, marking over a 10% YoY increase. These positive trends are set to keep PNB shares in the spotlight. ...Less

Brokerages remain divided on two stocks. Goldman Sachs retained its 'Sell' rating on Bharat Dynamics, rai ...More

Brokerages remain divided on two stocks. Goldman Sachs retained its 'Sell' rating on Bharat Dynamics, raising the target price marginally to Rs 1,275 after fresh defence orders improved revenue visibility, but it continues to flag valuation concerns and margin risks. ...Less

HDFC Bank shares have plunged 20% this year amid governance concerns, sparked by a former chairman's resi ...More

HDFC Bank shares have plunged 20% this year amid governance concerns, sparked by a former chairman's resignation. The bank has since appointed a new part-time chairman and key financial officers. While leadership is strengthening and operations are improving, analysts advise caution against trying to time the bottom, suggesting other banks might offer better immediate value. The stock's future hinges on the CEO's reappointment and regulatory outcomes. ...Less

Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, reso ...More

Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regulations. The bank's Abu Dhabi branch facilitated the payment, concluding proceedings without admitting liability. In other news, BoB reported robust financial performance, with credit growth reaching 17% and total deposits rising 14% in the first quarter of FY27. ...Less

HDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal a ...More

HDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the financial services sector. Shah, formerly with KKR and JPMorgan Chase, will officially take on the role in October 2026. ...Less

A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandh ...More

A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Financial Officers resign, sparking speculation about future leadership. This follows another high-profile departure from HDFC Bank. Industry insiders suggest a potential move for one CFO to HDFC Bank, while another might step into the Axis Bank role, creating an unusual churn ahead of financial results. ...Less

Indian IT firms are bracing for a subdued first quarter of FY27, with global economic headwinds, AI's imp ...More

Indian IT firms are bracing for a subdued first quarter of FY27, with global economic headwinds, AI's impact, and geopolitical tensions dampening client spending and decision-making. Analysts anticipate some companies may revise their annual revenue growth targets downwards. KPIT Technologies has already flagged a potential dip in its Q1 performance, citing sudden client actions. Demand is expected to remain soft, particularly impacting discretionary projects. ...Less

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-tim ...More

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time Chairman, following Atanu Chakraborty's abrupt resignation over ethical concerns. Kumar, known for his role in cleaning up public sector bank balance sheets, will serve a three-year term subject to RBI approval. The bank also announced Puneet Sharma as its new CFO. This news comes as HDFC Bank shares have seen mixed performance recently. ...Less

Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a ...More

Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The Sensex surged over 200 points to cross 77,000, while the Nifty 50 also saw a healthy jump, nearing 24,000. Broader market indices, including Midcap and Smallcap, also participated in the upward trend, adding to the positive sentiment. ...Less

Former HDFC Bank chairman Atanu Chakraborty has questioned the necessity of an external legal review into ...More

Former HDFC Bank chairman Atanu Chakraborty has questioned the necessity of an external legal review into his resignation, stating the bank never clarified the investigation's scope or legal basis. He declined to participate, citing a lack of response to his requests for terms of reference. ...Less

Gold experienced a dramatic swing this year, hitting record highs before a sharp decline, yet remains a s ...More

Gold experienced a dramatic swing this year, hitting record highs before a sharp decline, yet remains a strong performer. Geopolitical tensions, particularly the US-Iran conflict, fueled early gains. Looking ahead, interest rates and global economic shifts will dictate gold's path. The World Gold Council anticipates gold trading near $4,100/oz if current economic forecasts hold, but significant geopolitical or economic downturns could drive prices higher. ...Less

The jump gives Citi a 9.8% wallet share of India's total investment banking fee pool, which itself shrank ...More

The jump gives Citi a 9.8% wallet share of India's total investment banking fee pool, which itself shrank 20% year-on-year to $614.1 million in the first half. ...Less

PC Jeweller shares are likely to remain in focus after the company reported a 21% rise in Q1 FY27 revenue ...More

PC Jeweller shares are likely to remain in focus after the company reported a 21% rise in Q1 FY27 revenue and said it expects to become debt-free this quarter. The jeweller reduced its bank debt by 24% during the quarter and by over 90% since September 2024. Strong Q4 earnings and plans to expand via franchise showrooms further boosted sentiment ...Less

Former HDFC Bank Chairman Atanu Chakraborty refutes the bank's claim of non-cooperation with an external ...More

Former HDFC Bank Chairman Atanu Chakraborty refutes the bank's claim of non-cooperation with an external legal review post his resignation. He asserts he repeatedly sought the review's terms of reference and legal basis but received neither. Chakraborty describes his resignation as a "call of conscience" for board introspection, deeming the external inquiry "superfluous" and an "exercise in futility." ...Less

HDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time f ...More

HDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-house solutions, built by a dedicated engineering team, aim to combat rising banking frauds and enhance customer security. By investing in proprietary technology and engineering talent, the bank is positioning itself for future competition in the evolving financial landscape. ...Less

Get ready for significant financial shifts starting July 1, 2026. Taxpayers face new ITR filing deadlines ...More

Get ready for significant financial shifts starting July 1, 2026. Taxpayers face new ITR filing deadlines, while Aadhaar card holders can update their email for free. SBI and HDFC credit card users will see changes in reward points and lounge access eligibility. Passport fees are set to rise, and banks will face stricter rules against mis-selling financial products, ensuring customer refunds and compensation. ...Less

India's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influen ...More

India's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influenced by the West Asia conflict. While production and order books saw a dip, production costs, driven by raw materials and energy, continued to climb. Despite these challenges, export sentiment showed a positive uptick, suggesting diversification efforts are bearing fruit. ...Less

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In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the c ...More

In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the combined market valuation of six leading companies. The surge was largely attributed to Bharti Airtel and Bajaj Finance, which capitalized on favorable equity trends and robust domestic economic signals. Even though a few prominent firms faced valuation declines, overall market sentiment remained positive, buoyed by optimism surrounding global monetary policies. ...Less

Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Dis ...More

Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conflict, a supplier fire, and phasing out older Jaguar models impacted volumes. Despite these challenges, the strong performance of Range Rover models offers a glimmer of hope for JLR's turnaround. ...Less

Avenue Supermarts, operator of DMart, saw its shares dip 5% despite reporting a 15.1% revenue increase to ...More

Avenue Supermarts, operator of DMart, saw its shares dip 5% despite reporting a 15.1% revenue increase to Rs 18,343.5 crore for the June quarter. The company added three stores, bringing its total to 503. A board meeting is scheduled to discuss raising funds via debt securities. Earlier, DMart reported a 19% net profit jump for FY26's March quarter, reaching Rs 656.6 crore. ...Less

HAL has declared a final dividend of Rs 10 per share (200%) for FY26, subject to shareholder approval at ...More

HAL has declared a final dividend of Rs 10 per share (200%) for FY26, subject to shareholder approval at the upcoming AGM. The record date is set for August 14, 2026. The payout will be made within 30 days of approval, along with updates on recent financial performance. ...Less

HCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm ...More

HCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace and networks. This new business, spanning July 2026 to December 2031, boosts HCL Tech's prospects. The company also recently invested in AI startup Sarvam AI. Despite a slight miss on FY26 revenue guidance, Q4 saw a 4.2% net profit increase. ...Less

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-tim ...More

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The bank's board approved his appointment as an Additional (Independent) Director for four years, effective June 30, 2026. Kumar's three-year term as Chairman awaits RBI approval, with shareholder consent also needed for his director role. This move concludes the bank's extensive search for a permanent leader. ...Less

HDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. ...More

HDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially become CFO on December 1, 2026, brings extensive experience from his previous roles at Tata Capital and Citibank. His departure from Axis Bank, where he served as Group Head and CFO since March 2020, was announced on June 28. ...Less

Indian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing mu ...More

Indian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moderation is linked to the West Asia crisis, impacting production and order levels compared to the previous quarter. Despite these challenges, export performance shows positive signs, though manufacturers face rising production costs due to raw materials and logistics. ...Less

Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playin ...More

Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India's banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large exposures and introducing technology-driven risk assessment systems. ...Less

India's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clie ...More

India's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-driven transformations. Enterprises remain cautious with spending due to global uncertainties, funding AI through existing savings. While currency tailwinds and better margins are positive, revenue growth is likely to be capped in the near term. Analysts expect some guidance adjustments for the fiscal year. ...Less

The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns a ...More

The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal Reserve's interest rate trajectory weighed on sentiment. Infosys, TCS, Wipro and other IT stocks declined up to 3%, with investors awaiting the sector's Q1 earnings season. ...Less

India's retail real estate market is booming, with leasing up significantly quarter-on-quarter and year-o ...More

India's retail real estate market is booming, with leasing up significantly quarter-on-quarter and year-on-year. Despite limited new mall supply, retailers are actively leasing space, especially in organized formats and established high streets. This strong demand is leading to tighter vacancies and rising rentals, with fashion and F&B sectors showing particular strength. Future supply additions are expected to ease constraints. ...Less

Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global si ...More

Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several prominent companies like Bajaj Auto, ZEEL, BPCL, HDFC Bank, and HUL are in focus today due to significant corporate developments. These include share buybacks, foreign investments, leadership appointments, and strategic acquisitions, signaling active corporate maneuvering amidst market fluctuations. ...Less

Global brokerage Jefferies suggests the AI investment boom might falter not due to tech giants cutting sp ...More

Global brokerage Jefferies suggests the AI investment boom might falter not due to tech giants cutting spending, but investor impatience for returns. A significant wealth transfer to North Asia, evident in surging Korean and Taiwanese market caps, highlights where AI capital is flowing. US hyperscalers' recent underperformance and increased debt funding raise concerns about potential capital destruction if returns don't materialize. ...Less

Bharti Airtel shares will be in focus after its NBFC arm, Airtel Money, commenced commercial operations f ...More

Bharti Airtel shares will be in focus after its NBFC arm, Airtel Money, commenced commercial operations following RBI approval. The development comes as Nomura reaffirmed its bullish stance on the telecom major, raising its target price to Rs 2,355 per share. Despite a 34% drop in Q4 profit, Airtel reported strong revenue growth and margin expansion across its India and Africa businesses. ...Less

Astral's stock dipped 11% after announcing a demerger of its chemicals business. Investors are concerned ...More

Astral's stock dipped 11% after announcing a demerger of its chemicals business. Investors are concerned about the valuation and growth prospects of the standalone chemical entity, which currently lags the profitable plumbing segment. While analysts maintain 'buy' ratings, some have lowered target prices. The company anticipates significant revenue growth for the chemicals division in the coming years. ...Less

Indian equities rallied as easing Middle East tensions pushed crude prices lower and dovish Fed remarks b ...More

Indian equities rallied as easing Middle East tensions pushed crude prices lower and dovish Fed remarks boosted sentiment. Sensex gained nearly 580 points, while analysts expect Q1 earnings, US jobs data and the India–Japan summit to guide market direction. ...Less

Investors must hold shares of these companies in their demat accounts on the record date to be eligible f ...More

Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week. ...Less

Market expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit g ...More

Market expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit growth and easing margin pressures. He finds HDFC Bank's valuation attractive despite leadership uncertainties, while noting operational challenges from the merger are largely behind. Sabharwal also highlights opportunities in auto stocks post-correction and remains constructive on textiles, but questions Persistent Systems' acquisition. ...Less

KPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY2 ...More

KPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cutbacks from European auto giants like BMW and Volkswagen. Analysts have downgraded the stock, citing a steeper than anticipated revenue drop and a larger hit to profit margins. While the company acknowledges a short-term setback, it anticipates a recovery by Q4FY27, driven by product momentum and new client wins. ...Less

Indian companies are showing improved debt-servicing capabilities, with the interest coverage ratio reach ...More

Indian companies are showing improved debt-servicing capabilities, with the interest coverage ratio reaching a two-year high of 6.5 in March 2026. This indicates a stronger ability to meet interest payments from operating profits. However, a concerning rise in financially vulnerable firms, whose profits can't cover interest, was also noted. Despite this, the overall debt burden remains manageable, and corporate leverage is declining. ...Less

Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidat ...More

Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a decisive breakout above 24,200. Key stocks like Tata Motors, HDFC Bank, IndiGo, Coal India, and Kotak Mahindra Bank are in focus due to significant developments including new product launches, executive appointments, and strategic investments. Coal India plans substantial R&D spending to enhance productivity and reduce emissions. ...Less

Motilal Oswal has identified its top banking picks ahead of the Q1 earnings season, anticipating strong M ...More

Motilal Oswal has identified its top banking picks ahead of the Q1 earnings season, anticipating strong MSME credit demand. HDFC Bank and ICICI Bank are highlighted for their robust asset quality and profitable growth. State Bank of India leads the PSU pack with aggressive pricing and housing loan strength, while AU Small Finance Bank is favored for its retail segment performance. ...Less

India's private banking sector faces pivotal moments with two major players at different junctures. HDFC ...More

India's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO, a crucial step for governance confidence and potential stock upside. Meanwhile, Kotak Mahindra Bank navigates uncertainty after its CEO's resignation, with a new leader set to redefine its strategy and market focus. These leadership developments are key catalysts for the sector. ...Less

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. ...More

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver output. The stock's performance reflects a broader uptrend in metal stocks. ...Less

India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC ...More

India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector consolidation. Parekh also stressed the immense funding needs for domestic capacity building and the crucial role of self-reliance in a shifting global landscape. ...Less

India's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior execu ...More

India's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and even major institutions like LIC and SBI. This talent churn, driven by regulatory complexities and new opportunities, is creating a domino effect across the industry. Several banks are actively seeking new financial leaders, while some are also preparing for CEO transitions, highlighting a period of considerable flux. ...Less

Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward tr ...More

Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward trend was fueled by a calmer Middle East situation, reduced expectations of US Federal Reserve rate hikes, and positive domestic factors like the India-Japan Summit and IT sector recovery. ...Less

Saksoft shares experienced a significant surge, climbing over 14% on Tuesday and an impressive 50% in a s ...More

Saksoft shares experienced a significant surge, climbing over 14% on Tuesday and an impressive 50% in a single week. This rally follows a decisive technical breakout from a prolonged consolidation phase, supported by strong volume increases. The stock has rebounded substantially from its May low. ...Less

Despite recent flat equity returns and rupee depreciation, India's long-term growth story remains robust, ...More

Despite recent flat equity returns and rupee depreciation, India's long-term growth story remains robust, according to Sanctum Wealth's Shiv Gupta. He advises NRIs to maintain their India allocation, highlighting financialization and manufacturing as key drivers. Gupta emphasizes understanding India's role within a global portfolio and evaluating returns based on long-term earnings growth rather than short-term currency fluctuations. Mistakes often stem from administrative oversights and misjudging market cycles. ...Less

Bajaj Finance shares rose after the company reported strong Q1 FY27 business growth, driven by higher ass ...More

Bajaj Finance shares rose after the company reported strong Q1 FY27 business growth, driven by higher assets under management, customer additions and loan bookings. The NBFC also continued its steady expansion in deposits, while stable asset quality and healthy profitability reinforced confidence in its long-term growth trajectory. ...Less

Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling ...More

Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies like Marico, Tata Motors PV, and Adani Enterprises are in focus due to strong Q1 updates and fundraising plans. PNB and Bank of India reported significant credit growth, while HDFC Bank is enhancing its AI and fraud detection capabilities. ...Less

Office space leasing in India's top eight cities saw a 14.5% year-on-year dip in Q2 2026, absorbing 11.6 ...More

Office space leasing in India's top eight cities saw a 14.5% year-on-year dip in Q2 2026, absorbing 11.6 million sq ft. Despite global economic uncertainties, demand remains strong, particularly from Global Capability Centres (GCCs) which leased 16.5 million sq ft in H1 2026. Flexible workspace operators also recorded their highest-ever half-yearly volume. Vacancy levels have fallen to post-pandemic lows, driving rental growth across major markets. ...Less

Indian equities ended lower for the second straight session as benchmarks slipped on expiry-day volatilit ...More

Indian equities ended lower for the second straight session as benchmarks slipped on expiry-day volatility, though broader markets advanced. IT stocks led declines amid rate worries, while auto and consumption names gained. Analysts expect sectoral rotation ahead of earnings, with banking, healthcare and power seen as resilient drivers of performance. ...Less

UAE Lottery Results June 26: The UAE Lottery unveiled its winning numbers for the June 26, 2026, Pick 3 a ...More

UAE Lottery Results June 26: The UAE Lottery unveiled its winning numbers for the June 26, 2026, Pick 3 and Pick 4 draws. Players who participated in these popular daily games can now check if their chosen digits, 813 for Pick 3 and 7646 for Pick 4, have landed them a cash prize. Don't miss your chance to see if luck was on your side! ...Less

India's cement sector faces a subdued start to FY27, with extended heat and water scarcity dampening cons ...More

India's cement sector faces a subdued start to FY27, with extended heat and water scarcity dampening construction despite a delayed monsoon. Analysts anticipate a significant slowdown in demand growth, with volumes projected at 4-5% compared to last year's 7-8%. Margins are also under pressure from rising costs, with a recovery expected in the latter half of the fiscal year. ...Less

Nomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth ...More

Nomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June quarter. The brokerage is bullish on Nestle, Titan, Britannia, Tata Consumer and Marico, citing steady demand, pricing gains and margin support despite higher raw material costs. ...Less

HDFC Bank's extensive legal review found no evidence in board records to support concerns raised by forme ...More

HDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's resignation. The three-month investigation by domestic and US law firms examined meeting minutes, documents, and interviewed key personnel. This thorough process aimed to ascertain if Chakraborty's allegations had any basis in official communications or recorded dissent. ...Less

FIFA World Cup 2026 match schedule for 28th June: The FIFA World Cup 2026 group stage heats up on June 28 ...More

FIFA World Cup 2026 match schedule for 28th June: The FIFA World Cup 2026 group stage heats up on June 28th with six crucial matches across Groups J, K, and L. Teams are battling fiercely for Round of 32 qualification, making every point vital. India can catch all the action live on Unite8 Sports channels and stream it on ZEE5. Don't miss key clashes like Colombia vs. Portugal and Argentina vs. Jordan. ...Less

Goldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices ...More

Goldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and resilient domestic demand following the US-Iran peace deal. The brokerage also lifted its FY27 GDP growth estimate to 6.5% from 6.1%, expecting stronger growth, lower inflation, and improved fiscal and external balances. ...Less

Brainbees Solutions, the parent of FirstCry, will see its shares in focus after approving a Rs 300 crore ...More

Brainbees Solutions, the parent of FirstCry, will see its shares in focus after approving a Rs 300 crore offer for sale (OFS) in its subsidiary Swara Baby's upcoming IPO. Swara Baby, a contract manufacturer of hygiene products, plans to raise up to Rs 1,000 crore.This move comes as FirstCry's financial performance shows narrowed losses and revenue growth. ...Less

Maruti Suzuki shares rose nearly 5% after Jefferies upgraded the stock to ‘Buy’ and raised its target pri ...More

Maruti Suzuki shares rose nearly 5% after Jefferies upgraded the stock to ‘Buy’ and raised its target price to Rs 16,500, citing strong passenger vehicle demand, easing crude prices and lower metal costs. The brokerage expects steady earnings growth and sees valuations as reasonable after recent underperformance. ...Less

India's equity markets are poised for a strong performance as falling commodity prices and easing supply ...More

India's equity markets are poised for a strong performance as falling commodity prices and easing supply chain issues are set to boost corporate earnings. Deepak Shenoy of Capitalmind Mutual Fund anticipates improved margins and sales volumes for businesses. While risks like monsoon vagaries and global inflation persist, the medium-term economic outlook remains robust, with asset-heavy sectors expected to lead market growth. ...Less

Tamilnad Mercantile Bank shares rose sharply on Thursday after the lender reported strong Q1FY27 business ...More

Tamilnad Mercantile Bank shares rose sharply on Thursday after the lender reported strong Q1FY27 business growth. Total business rose 23% year-on-year, driven by a 27% jump in advances and nearly 20% growth in deposits. Rising institutional ownership and a bullish technical setup further supported investor sentiment toward the stock. ...Less

Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer f ...More

Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. While NBFCs are rapidly gaining market share, public banks still dominate priority sector gold loans, leveraging their extensive networks. ...Less

Indian equity markets saw a significant boost last week, with the top ten firms gaining Rs 2.15 lakh cror ...More

Indian equity markets saw a significant boost last week, with the top ten firms gaining Rs 2.15 lakh crore. Bharti Airtel led the surge, adding over Rs 52,000 crore to its valuation. This rally was fueled by easing geopolitical tensions and improved global investor confidence. Reliance Industries retained its position as the most valued company, despite a slight dip in TCS's market cap. ...Less

Nestle India, the maker of Maggi noodles, has announced a special dividend of Rs 2 per equity share, paya ...More

Nestle India, the maker of Maggi noodles, has announced a special dividend of Rs 2 per equity share, payable on July 30, 2026. This payout will be funded by retained earnings. The company also declared a final dividend of Rs 5 per share for FY26. The company had strong Q4 FY26 results, showing a 27% profit jump and a 23% revenue increase. ...Less

Indian equity benchmarks rallied over 0.7% as easing crude oil prices, lower market volatility, and gains ...More

Indian equity benchmarks rallied over 0.7% as easing crude oil prices, lower market volatility, and gains in IT stocks lifted sentiment. Analysts expect the market to remain supported by global macro developments, the India–Japan Summit, US jobs data and the upcoming corporate earnings season. ...Less

Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces ...More

Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving averages, with a decisive close above 24,200 crucial for further gains. Several companies like Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments, including US investigations, strategic partnerships, and EV expansion plans. ...Less

US financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the h ...More

US financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading in both equities and bonds resumed on Monday, July 6. This break allowed investors to digest recent employment data and Federal Reserve interest rate expectations. ...Less

ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 ...More

ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. The proposed issuance comes after the RBI introduced a concessional foreign exchange swap facility, encouraging Indian lenders to tap overseas markets for funding. ...Less

Godrej Properties has made a significant move by acquiring a prime 5-acre land parcel in Noida's Sector 1 ...More

Godrej Properties has made a significant move by acquiring a prime 5-acre land parcel in Noida's Sector 151 for Rs 332 crore, securing the spot as the top bidder. This site is set to host a premium housing project expected to generate revenues exceeding Rs 2,000 crore, bolstering Godrej's presence in the National Capital Region and showcasing their commitment to the thriving real estate market. ...Less

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, pot ...More

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and is also in talks with the Asian Development Bank for an additional $400 million. This move follows recent Reserve Bank of India measures designed to bolster dollar inflows and support the rupee. ...Less

Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in m ...More

Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led the surge, followed by HDFC Bank and Reliance Industries. However, Bharti Airtel, TCS, and LIC experienced significant valuation drops. This positive market sentiment was attributed to easing crude oil prices and improved geopolitical developments. ...Less

The Reserve Bank of India's latest financial stability report indicates that Indian banks will likely kee ...More

The Reserve Bank of India's latest financial stability report indicates that Indian banks will likely keep capital levels above the regulatory minimum, even in challenging scenarios. Core capital ratios may see some reduction, but they are anticipated to remain healthy. On the other hand, certain NBFCs could experience difficulties. ...Less

Fuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to ...More

Fuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil companies are currently using crude purchased at higher prices during the West Asia conflict, leading to past losses. However, sustained low global prices could pave the way for a reduction at the pump. India also plans to boost its oil storage capacity. ...Less

Eleven equity mutual funds turned investors’ lumpsum investments into more than four times their original ...More

Eleven equity mutual funds turned investors’ lumpsum investments into more than four times their original value over the past seven years, led by small-cap schemes. Quant Small Cap Fund topped the list, while mid-cap, flexi-cap and ELSS funds also delivered strong long-term wealth creation, according to ETMutualFunds' analysis. ...Less

India's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, a ...More

India's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities' Pankaj Pandey. NBFCs also stand to gain from a softer interest rate environment. While IT acquisitions may take time for significant returns, power financiers and transmission infrastructure present strong long-term investment opportunities. HDFC Bank's governance overhang is lifting, boosting its outlook. ...Less

KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, pro ...More

KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, including JPMorgan and JM Financial, to downgrade the stock and cut target prices. While analysts remain optimistic about the company's long-term prospects, they expect near-term earnings and growth to remain under pressure. ...Less

Three major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a ...More

Three major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their credit and deposit growth, exceeding 350 basis points. While Bank of Baroda saw a sequential dip in both assets and liabilities, Bank of India and Punjab National Bank reported consistent expansion in their business figures year-on-year and quarter-on-quarter. ...Less

Oppo has launched its new Reno 16 and Reno 16c smartphones in India, expanding its mid-range offerings. T ...More

Oppo has launched its new Reno 16 and Reno 16c smartphones in India, expanding its mid-range offerings. The Reno 16 boasts a Snapdragon 7 Gen 4 chip and a 6.32-inch AMOLED display, while the Reno 16c features a MediaTek Dimensity 7300 and a 6.57-inch AMOLED screen. Both phones come with impressive camera setups, large batteries, and fast charging, available from July 9th. ...Less

Tata Capital shares saw a dip on Monday following a significant rally that propelled them to an all-time ...More

Tata Capital shares saw a dip on Monday following a significant rally that propelled them to an all-time high last week. Despite a recent surge, the NBFC's stock experienced a correction. Analysts at JM Financial have upgraded their rating to 'Buy', citing strong growth prospects driven by retailization and expansion. The company's robust Q4 performance, with a 43% net profit jump, further bolsters confidence in its medium-term earnings potential. ...Less

Indian smallcap stocks are outperforming the Nifty 50, with some indices soaring up to 200% this year. Th ...More

Indian smallcap stocks are outperforming the Nifty 50, with some indices soaring up to 200% this year. This rally is fueled by improving earnings, strong domestic liquidity, and renewed investor interest in bottom-up stock picking. While some experts see continued growth potential, others caution about rising valuations and suggest large-caps may offer better value. The sustainability of this trend hinges on earnings growth and easing geopolitical risks. ...Less

UK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter ...More

UK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter to investor in ICICI Prudential Life Insurance. This move is necessitated by Prudential's agreement to acquire a 75% stake in Bharti Life. Indian regulations prohibit an entity from being a promoter in two insurance ventures simultaneously. Prudential will consequently reduce its stake in ICICI Pru Life to below 10%. ...Less

Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially f ...More

Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures. Small finance banks are leading the pack, with Suryoday SFB and Jana Small Finance Bank offering a compelling 8.05% interest rate for senior citizens. This competitive landscape ensures older investors can secure stable, higher returns for their retirement savings. ...Less

Bharat Electronics shares are in focus following a significant Rs 1,081 crore order win, adding to previo ...More

Bharat Electronics shares are in focus following a significant Rs 1,081 crore order win, adding to previous gains. The defence PSU reported a 5% net profit rise for Q4 FY26, driven by strong defence project execution and increased revenue. Analysts from Goldman Sachs maintain a 'Buy' rating, while Nomura holds a 'Neutral' stance, highlighting order inflow and margin trends as key watchpoints. ...Less

Union Bank of India's stock dipped 5% following its June 2026 quarter business update. While global busin ...More

Union Bank of India's stock dipped 5% following its June 2026 quarter business update. While global business saw a modest yearly growth of 7.46%, it experienced a slight quarterly decline. Gross advances grew robustly year-over-year by 12.50%, though deposit growth was slower. The bank also announced senior management changes, contributing to market reaction. ...Less

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical te ...More

Indian equities declined for a second session as investors stayed cautious despite easing geopolitical tensions. Sensex lost nearly 250 points and Nifty fell over 80, while analysts expect recovery if the index holds above the crucial 23,800 support level. ...Less

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potentia ...More

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certain DTAAs, especially for mutual fund gains. While diversifying globally, many are exploring structured real estate investments like REITs. Experts advise avoiding common pitfalls such as a lack of clear objectives and ignoring tax implications, emphasizing tailored strategies for global Indian investors. ...Less

India's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a ...More

India's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling and reduce high distribution costs. This move aligns India with global practices and aims to ensure customer suitability over sales volume. A draft framework is expected soon, potentially impacting how agents are compensated for their services. ...Less

IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session s ...More

IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump, while Infosys, Mphasis, HCL Tech and Persistent Systems rose around 4%. The recovery lifted sentiment after the sector had shed nearly 7% over the previous four trading sessions. ...Less

Brokerages are optimistic about select Indian stocks despite sector-specific challenges. Nuvama maintains ...More

Brokerages are optimistic about select Indian stocks despite sector-specific challenges. Nuvama maintains a 'Buy' on APL Apollo Tubes, expecting healthy profitability despite recent volume dips. Meanwhile, Motilal Oswal reiterates its 'Buy' for CreditAccess Grameen, seeing it emerge stronger from microfinance sector stress with a resilient portfolio and promising growth prospects. ...Less

Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, aut ...More

Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil prices, monsoon progress, US bond yields and key macroeconomic releases. While benchmark indices have remained resilient, profit booking in broader markets signals caution as traders assess domestic and global cues for the next leg of market direction. ...Less

Revenue for Nvidia's biggest server maker ⁠and Apple's ⁠top iPhone assembler jumped to T$2.513 trillion ( ...More

Revenue for Nvidia's biggest server maker ⁠and Apple's ⁠top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday. ...Less

The Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to ove ...More

The Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand driven by various market activities. Despite a rise in positive sentiment linked to a projected balance of payments surplus and new foreign inflows, pressures from maturing non-deliverable forward positions and large-scale merchant payments hampered its progress. ...Less

Indian stock markets opened the second half of 2026 with modest gains after recent declines. Investors ar ...More

Indian stock markets opened the second half of 2026 with modest gains after recent declines. Investors are closely watching escalating US-Iran tensions, which are impacting oil prices, and a concerningly weak monsoon season. Analysts suggest adjusting portfolios towards fixed income and monsoon-proof sectors like healthcare and defense to mitigate potential fallout from the dry spell. ...Less