Market

‘Small caps, renewables and pharma may offer bigger opportunities than large caps,’ says Goldilocks Premium Research’s Gautam Shah. Indian equity markets are approaching a crucial technical milestone, with the Nifty hovering near the 24,000 mark amid improving global sentiment and easing geopolitical concerns. According to market expert Gautam Shah, Founder of Goldilocks Premium Research, the…

The country’s biggest lender, State Bank of India (SBI), on Monday (June 15) said its Central Board will meet on June 18, 2026, to consider approval for raising funds during FY27 through the issuance of debt instruments, including capital instruments. The proposal under consideration includes raising funds through a public offer or a private placement…

Adani Group and US-based Jabil Inc. have announced their intention to form a strategic alliance to establish a vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting the rapidly growing global demand for AI-ready data centre hardware. As per a press release filled on NSE, the proposed partnership will combine Jabil’s engineering…

HCL Technologies Ltd on Monday (June 15) said it will invest ₹1,427.25 crore (about $150 million) in Axonwise Private Limited (Sarvam AI), acquiring a 10.46% stake in the company through a minority, all-cash transaction. The investment will be made through the acquisition of 41,421 equity shares of Sarvam AI. The transaction is expected to be…

Non-bank lender Mahindra & Mahindra Financial Services Ltd on Monday (June 15) approved the issuance of up to ₹1,000 crore secured, rated, listed, redeemable non-convertible debentures (NCDs) on a private placement basis. The company plans to issue up to 1,00,000 NCDs with a face value of ₹1,00,000 each, aggregating up to ₹1,000 crore, including a…

Abakkus Asset Manager founder Sunil Singhania believes India could still end 2026 with net positive foreign portfolio inflows, despite record outflows so far this year. For that to happen, foreign investors would need to bring in more than $30 billion over the next six months — a figure that would rival India’s strongest year for…

Axis Capital remains constructive on India’s oil and gas sector, with city gas space—or city gas distribution (CGD) companies emerging as its preferred investment theme as concerns over disruptions in the Strait of Hormuz begin to ease. Speaking to CNBC-TV18, Amit Murarka, Executive Director at Axis Capital, said the brokerage sees the best opportunities in…

Seshadri Sen, Head-Research & Strategist at Emkay Global Financial Services, believes financials and discretionary consumption could emerge as key beneficiaries of easing geopolitical tensions and lower oil prices. He expects softer liquidity conditions to support banks and NBFCs, while stronger consumer spending could boost sectors such as autos. Sen also remains constructive on pharmaceuticals for…

Airports operator GMR Airports Ltd (GML) on Monday (June 15) reported its monthly traffic update for May 2026, showing strong passenger volumes across its airport portfolio, led by robust growth at Delhi Airport. The group handled around 11 million passengers in May 2026 across its portfolio airports, up 6.1% year-on-year. Domestic traffic stood at 8.3…

Infrastructure company Patel Engineering Ltd on Monday (June 15) said Maharashtra Krishna Valley Development Corporation has issued a Letter of Award (LoA) to its joint venture for the Tasgaon Lift Irrigation Scheme project in Maharashtra, with a total contract value of ₹126.37 crore, excluding taxes. Patel Engineering’s share in the contract is ₹64.45 crore, representing…