Shares of IdeaForge Technology Ltd. are locked in an upper circuit of 5% on Thursday, June 4, after the drone manufacturer said its board has approved raising up to ₹500 crore through various capital-raising avenues. In an exchange filing on June 3, the company said the fundraising may be undertaken through one or more permissible…
The Nifty Bank will be the index to watch ahead of the policy decision from the Reserve Bank of India (RBI) on Friday, June 5, at 10 AM. The banking index is coming on the back of a three-day gaining streak, but has not managed to reverse the losses seen during the previous four days…
It was a mixed day of trade on Wall Street on Thursday, June 4, with investors rotating out of some semiconductor manufacturing names after a record breaking rally and piling into some old economy names, propelling the Dow Jones to a record high. The Dow Jones reversed Wednesday’s losses of over 600 points and a…
Citi CEO Jane Fraser praised India’s focus on energy security, digitalisation and execution-led growth, highlighting the success of India Stack and the country’s renewable energy ambitions. Discussing global challenges, she noted that geopolitical tensions, trade disputes and economic imbalances remain key concerns. Fraser said the upcoming G7 discussions are likely to focus on diversification, stronger…
Shares of SBI Cards and Payment Services Ltd. are in focus today after global brokerage Jefferies highlighted ongoing changes in the credit card industry that could improve profitability for major issuers. In a note on the financial sector, Jefferies said that several leading credit card issuers, including large private-sector banks and SBI Card, have made…
Foreign portfolio investors (FPIs) may be selling Indian stocks, but that does not necessarily mean they have turned negative on India’s long-term growth story, according to Sue Lee, Head-Markets Asia South at Citi. Speaking at the Citi India Conference 2026, Lee said global investors continue to believe in India’s medium- to long-term growth potential. However,…
The Nikkei 225 has climbed about 32% this year, lagging Korea and Taiwan but offering broader sector diversification. Investors chasing Asia’s artificial intelligence rally may want to look beyond the region’s top-performing stock markets and consider Japan instead, according to Barclays. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction…
Brokerage firms CLSA and UBS reiterated bullish their views on Kotak Mahindra Bank Ltd. following separate management interactions, highlighting the lender’s focus on profitable growth, technology investments, retail expansion and deposit mobilisation. CLSA maintained its “Outperform” rating on the stock with a price target of ₹440, implying an upside of about 15% on Wednesday’s closing…
Ashi Anand, Founder and CEO of IME Capital, said his firm has allocated around 10% of its portfolio to companies connected to global power equipment and infrastructure supply chains serving major international manufacturers. He is also building exposure to the GLP-1 and consumer themes. Anand remains cautious on markets due to geopolitical risks, warning that…
Nvidia boosts dividend 2,400% and launches an $80 billion share buyback, signaling techs shift toward higher payouts as firms like Amazon and chipmakers face pressure to follow. Nvidia’s massive dividend boost could lay the groundwork for other big tech companies to follow suit. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship…
