Analysts see the aluminium business as the most attractive near-term play among the newly listed Vedanta entities, aided by scale, low costs and favourable commodity trends
The Indian currency strengthened against the dollar as crude oil prices declined sharply, while benchmark bond yields fell to their lowest level in two months
The regulator may also consider reforms for agri-commodity derivatives, easier AIF approvals, and relaxed borrowing norms for mutual funds
Indian equities advanced along with global markets after the US and Iran agreed on a framework to end the conflict, raising hopes of lower energy prices
The debt fund category attracted over ₹1,300 crore in April and May combined, ending more than four years of continuous investor withdrawals
A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.
The primary trigger for Monday's rally was news that the United States and Iran had reached an agreement to end the conflict and reopen the Strait of Hormuz, a critical artery for global oil shipments
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.29 per cent and 1.11 per cent higher, respectively
Nifty Next 50 index hit a 52-week high of 73,098.9, surging 4% on the National Stock Exchange in Monday's intra-day, and has soared 7% in the past two trading days.
IFCI has indirect exposure to NSE through its 52.8% stake in Stock Holding Corporation of India Ltd (SHCIL). SHCIL owns a 4.4% stake in the stock exchange, which is preparing to list its shares.
The company has received a Letter of Acceptance for the development of a Gems & Jewellery Park under the Public Private Partnership (PPP) mode at Raipur, Chhattisgarh
In fact, a relief rally due to West Asia conflict resolution could provide foreign investors with another opportunity to reduce their exposure to India, Sharma said.
ICICI Securities initiated coverage on RateGain Travel Technologies with 'BUY' rating and a target price of ₹1,050, valuing the stock at 30x FY28E EPS.
Finance Minister Nirmala Sitharaman said the government will take additional steps to attract foreign capital while highlighting growing investments in GCCs and data centres across states
L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.
With the dawn of peace in West Asia, hopefully, and the consequent sharp correction in Oil, the prospects for the Indian economy and stock market have turned for the better, says Vijayakumar of Geojit
Improving revenue mix, along with higher capital efficiency, UBS believes, could support a structural re-rating of the stock towards premium asset management and wealth management multiples
Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)
Vedanta 4 new stocks debut on BSE, NSE today; shares of Vedanta Aluminium Metal listed at ₹527 on the BSE and at ₹522 on the NSE.
Analysts view Suzlon's transition from a wind turbine manufacturer to a broader renewable energy solutions provider as a key growth driver, although successful execution remains critical.