CLSA, Morgan Stanley turn cautious on Indian IT stocks

IT stocks

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Thus far in CY25, the Nifty IT index has been an underperformer, slipping nearly 11 per cent as compared to 5 per cent rise in the Nifty 50 index

CLSA, Morgan Stanley urge near-term caution on IT stocks

Business Standard

Siemens Energy

Siemens Energy India offers a wide range of services and solutions to power generation utilities and IPPs

Siemens Energy: The power play that doesn't overload on valuations

office sector, Global capacity center, office leasing, office spaces, Commercial real estate

The company is also riding on the IPO wave that flex space providers like Smartworks Coworking Spaces, Table Space, and Indiqube Spaces.

Co-working space aggregator Stylework plans $100 mn IPO in two years

ipo market listing share market

The Rs 852-crore IPO is a mix of fresh issue worth Rs 400 crore and an offer for sale of Rs 452 crore

Ellenbarrie sets IPO price at ₹380-400; Arisinfra subscribed 1.3x on Day 2

FPI, Foreign portfolio investment

FPIs were net sellers (buying-selling) of  FMCG  stocks worth Rs 3,626 crore, power stocks worth Rs 3,120 crore,  and consumer durables shares worth Rs 1,893 crore

FMCG, power and consumer durables stocks bore brunt of FPI selling

Sebi

Sebi forms working group to unbundle trading and clearing fees, aiming to boost transparency and governance of clearing corporations

Sebi to unbundle clearing and trading fees to boost transparency

The Reserve Bank had issued draft guidelines on 'Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implementation' on May 03, 2024, for stakeholder comments. The draft guidelines proposed an enabling framework for the regulated entities (REs) for financing project loans, while addressing the underlying risks. As part of the stakeholder consultation exercise, inputs / feedback were received from around 70 entities including banks, NBFCs, industry associations, academicians, law firms, individuals and the Central Government. The inputs/ feedback received have been examined and suitably incorporated while formalising the final Directions, which have been issued by the Reserve Bank today. The Directions entail inter alia the following:

RBI eases project finance norms, rationalise standard asset provisioning requirement to 1% for projects under construction

Capital Market Automatic

The offer received bids for 1.73 crore shares as against 1.30 crore shares on offer.

Arisinfra Solutions IPO subscribed 1.32 times


The Indian rupee extended decline for the third straight session and plunged to a three month low on Thursday. INR depreciated 30 paise to close at 86.73 (provisional) against US dollar on Thursday, weighed down by the strength of the American currency in the overseas markets and rebound in international crude oil prices fuelled by ongoing geopolitical uncertainties. Moreover, muted domestic equity markets also added pressure on the rupee. A cautious undertone prevailed as investors reacted to hawkish commentary from the Federal Reserve and rising tensions in the Middle East. At the end of a two-day policy meeting on Wednesday, the U.S. central bank left interest rates unchanged but warned about higher inflation and slower economic growth in the months ahead. On the geopolitical front, speculation grew over a possible U.S. involvement in the Israel-Iran conflict. The benchmark S&P/BSE Sensex ended the session down 82.79 points, or 0.10 percent, at 81,361.87 while the broader NSE ...

INR plunges to 3-month low against dollar

Nestle India announced that its board will meet on Thursday, 26 June 2025, to consider a bonus share issue.

Nestle India board to consider bonus issue on 26 June

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