India’s stock market has regained momentum in recent weeks, supported by lower crude oil prices, a steadier macroeconomic outlook and improving investor sentiment. Yet Goldman Sachs is still not ready to turn more bullish on Indian equities. The reason, according to the global investment bank, has little to do with foreign investor flows or the…
South Korean memory chipmaker SK Hynix is set to make history with a record-breaking American Depositary Receipt (ADR) listing on the NASDAQ, raising as much as $29 billion. While the deal is notable for its size, its significance goes far beyond setting a fundraising record. The listing highlights how artificial intelligence (AI) has transformed the…
PepsiCo’s second-largest bottling partner, Varun Beverages Ltd, on Monday (July 6), said its wholly owned subsidiary, VBL Industries (Kenya) Ltd, has entered into a business transfer agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Ltd for $32 million (about ₹305 crore). The acquisition includes all…
Global oil markets are likely to move into a supply surplus later this year, which could push crude prices below $60 per barrel if China postpones replenishing its strategic petroleum reserves, according to Christof Ruehl, Global Adviser at Crystol Energy. Ruehl expects excess production to outweigh consumption in the coming months as shipping through the…
Commercial vehicle major Tata Motors Passenger Vehicles Ltd on Monday (July 6) reported higher production and domestic sales across most of its passenger vehicle portfolio during the April-June 2026 quarter, according to data submitted to the Society of Indian Automobile Manufacturers (SIAM). Production of the Punch and Nexon rose to 117,711 units in the April-June…
India’s real estate upcycle is far from over, with listed developers set for another year of strong growth as new project launches pick up and homebuyers continue to favour branded players, according to Vijay Agrawal, Managing Director & Sector Lead – Infrastructure at Equirus Capital. Agrawal said concerns that the housing cycle has started to…
The equity benchmark indices BSE Sensex and NSE Nifty ended higher for the fourth consecutive session on Monday (July 6), led by strong gains in banking heavyweights, strength in auto and realty stocks, and positive moves in select large-cap and mid-cap names. The Sensex rose 521 points to close at 78,285, while the Nifty gained…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
Rising metal stocks may offer investors a chance to book profits rather than buy more, according to Rakesh Arora, Founder of GoIndiaStocks.com. While he expects June-quarter earnings for metal companies to be strong, he believes the good news is already reflected in share prices and warns that earnings estimates are likely to be cut in…
India’s markets regulator, SEBI, aims to make it easier for investors to short stocks by nearly doubling the number of shares eligible for lending and borrowing and by cutting collateral requirements, two people with direct knowledge of the plans said. The changes are aimed at boosting the cash equities market and drawing investors away from…
