SpaceX is preparing for a landmark moment in its corporate journey, setting the stage for a blockbuster initial public offering that could reshape expectations across global capital markets. According to reports, the company has fixed a reference price of USD 135 per share, a valuation approach that signals both confidence in its long-term growth story…
Written by: Heena Ojha Updated Jun 4, 2026 14:31 IST India offers a balanced mix of sectors. (Image: iStock/ ET Now Digital) India’s equity market continues to stand out among global peers as the most diversified across sectors, according to Motilal Oswal. The broad-based composition of the Indian equity market, with meaningful representation across industries,…
Top Stocks to BUY, SELL or HOLD on June 4: Brokerage actions are set to keep several stocks in focus in today’s trading session, with analysts issuing fresh buy, hold and neutral recommendations across banking, industrials, aviation and consumer sectors. Stocks such as ICICI Bank, Bata India, BHEL, InterGlobe Aviation, Hitachi Energy India and CG…
Sugar stocks rallied in trade after Union Minister Nitin Gadkari indicated that ethanol prices are likely to decline further, alongside efforts to boost biofuel adoption and address GST-related challenges. His broader push toward alternative fuels, including a shift to isobutanol as a potential diesel substitute, lifted sentiment across the sugar pack, with most stocks hitting…
Stock to BUY below Rs 50: These days, investors often joke that Rs 50 can barely buy anything. But in the stock market, even a share priced below Rs 50 can represent a company worth tens of thousands of crores. One such stock is Motherson Sumi Wiring India Ltd (MSWIL), an auto components manufacturer and…
CMR Green Technologies IPO, Day 2: CMR Green Technologies’ initial public offering (IPO) received a healthy response on the second day of bidding (June 4), with the issue subscribed nearly 4 times as of the latest available data on the NSE. The company, a non-ferrous metal recycler and a key player in the secondary aluminium…
Bharat Heavy Electricals Ltd’s shares remained in focus after UBS revised its stance on the stock, downgrading it to ‘Neutral’ while raising the target price to Rs 460, implying a potential upside of nearly 13 per cent from current levels. The brokerage cited a strong and visible order book providing long-term revenue visibility, but flagged…
Among the weapons that have helped propel India’s defence exports is the BrahMos missile system. In fact, India has signed a pact to export this supersonic cruise missile to Vietnam, while a similar deal with Indonesia is in the final stages. Notably, India has already sold the supersonic cruise missiles to the Philippines, as per…
As many as 15 stocks will turn ex-record date for dividends on Friday, June 5. This means that today, June 4, is the last day for investors to buy the shares so that they can become eligible for the payouts. According to the T+1 settlement of SEBI, investors interested in taking the benefit of the…
The company has fixed June 5, 2026, as the record date to determine shareholder eligibility for the buyback, which is the largest in Wipro’s history and the first in nearly three years. The proposed buyback size represents about 7.04 per cent of the company’s market capitalisation and 5.7 per cent of its paid-up equity share…
