Markets News
Nasdaq drops 4.2% as rate hike fears, West Asia conflict hit stocks
On Wall Street, all three indexes ended lower, led by a selloff in technology shares, including AI chipmaker Nvidia
 "Nasdaq drops 4.2% as rate hike fears, West Asia conflict hit stocks")
SBI Mutual Fund buys stakes in 2 Adani group firms for ₹5,747 cr
SBI Mutual Fund bought stakes in Adani Enterprises and Adani Energy Solutions worth ₹5,748 crore from GQG Partners through block deals on the NSE
 "SBI Mutual Fund buys stakes in 2 Adani group firms for ₹5,747 cr")
RBI's move to expand FAR likely to boost FPI flows in debt market
FPIs bought over Rs 3,000 crore worth of FAR securities on Friday
 "RBI's move to expand FAR likely to boost FPI flows in debt market")
Govt considers selling 2% stake in Hindustan Zinc to raise ₹5,000 crore
The Department of Investment and Public Asset Management, which is under the Finance Ministry, aims to launch the process this month or in July
 "Govt considers selling 2% stake in Hindustan Zinc to raise ₹5,000 crore")
CMR Green IPO subscribed 127x; Paras Healthcare files for ₹1,800-cr IPO
CMR Green's IPO was subscribed 127 times, boosting hopes of a primary market revival as Sebi cleared five new IPOs and Paras Healthcare filed draft papers
 "CMR Green IPO subscribed 127x; Paras Healthcare files for ₹1,800-cr IPO")
Execution worries may weigh on listed infra players in near term
Road and infrastructure firms face weak execution and margin pressure, though strong order books offer hope for a recovery in FY27
 "Execution worries may weigh on listed infra players in near term")
Rupee logs best day in two months on RBI's foreign flow measures
RBI's foreign flow measures help Indian currency appreciate to 94.94 against dollar
 "Rupee logs best day in two months on RBI's foreign flow measures")
RBI opens equity markets wider to overseas investors with higher limits
Higher investment limits for NRIs, OCIs and other overseas individuals are expected to broaden the investor base, improve liquidity and support foreign inflows
 "RBI opens equity markets wider to overseas investors with higher limits")
Titan eyes 2x growth by FY30; analysts back expansion plans, mkt share gain
Titan share price rises 5 per cent in two days as FY30 roadmap boosts analysts' confidence. Brokerages see market share gains, CaratLane growth, and international expansion driving revenue growth
 "Titan eyes 2x growth by FY30; analysts back expansion plans, mkt share gain")
ICICI Prudential AMC caps gold ETF subscriptions amid demand surge
The company said it will not accept direct subscriptions of more than 250 million rupees ($2.63 million) in the ETF until further notice
 "ICICI Prudential AMC caps gold ETF subscriptions amid demand surge")
Govt exempts FPIs from tax on G-Sec gains to attract capital inflows
The government has removed tax on interest income and capital gains from government securities for FPIs while easing investment norms to deepen debt markets and attract long-term foreign funds
 "Govt exempts FPIs from tax on G-Sec gains to attract capital inflows")
RBI may begin rate hike cycle in Oct; 50 bps increase in FY27: Elara
Elara Capital said that it is building in the first-rate hike in October 2026 and see a total of 50 bps hike this financial year.
 "RBI may begin rate hike cycle in Oct; 50 bps increase in FY27: Elara")
Stock Market Close: Sensex falls 117 pts, Nifty ends at 23,367 after RBI MPC meet outcome
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.35 per cent and 0.06 per cent down, respectively
 "Stock Market Close: Sensex falls 117 pts, Nifty ends at 23,367 after RBI MPC meet outcome")
Rate hike not preferred course of action right now: Ambit's Nitin Bhasin
A rate hike does not appear to be the RBI's preferred course of action at this stage, said Nitin Bhasin, head, institutional equities, Ambit
 "Rate hike not preferred course of action right now: Ambit's Nitin Bhasin")
Sai Life, Laurus Labs hit new highs; stocks rally up to 40% in 6 months
Sai's management reiterated long-term guidance of 15-20 per cent revenue CAGR with 28-30 per cent steady state EBITDA margin over the next two to three years.
 "Sai Life, Laurus Labs hit new highs; stocks rally up to 40% in 6 months")
Silver prices to remain under pressure unless oil price declines: Analyst
In near-term, the metal is expected to be under pressure unless oil prices come down on sustainable basis
 "Silver prices to remain under pressure unless oil price declines: Analyst")
'MPC signals strategic prudence, potential rate hikes likely from October'
While immediate forex inflows are not anticipated from the above measures, they are likely to arrest the recent capital outflows and foster improved market sentiment
 "'MPC signals strategic prudence, potential rate hikes likely from October'")
Rajkumar Singhal decodes equity, bond strategy post RBI policy decision
Stable corporate borrowing costs allow companies, especially those in debt-heavy sectors like infrastructure and manufacturing, said Rajkumar Singhal
 "Rajkumar Singhal decodes equity, bond strategy post RBI policy decision")
RBI aims to attract stable capital, ease external financing: Prateek Ancha
For now, the RBI has made a calculated choice: hold the line on interest rates but reinforce the balance of payments.
 "RBI aims to attract stable capital, ease external financing: Prateek Ancha")
Gold outlook remains bearish; yellow metal may fall towards $4,099: Analyst
Gold ETF flows remain uninspiring, as investors continue to be deterred by elevated volatility and the prospect of higher interest rates
 "Gold outlook remains bearish; yellow metal may fall towards $4,099: Analyst")