Stock Market Closing: Indian equity markets ended sharply lower on Monday, with the Sensex and Nifty closing down nearly 1 per cent each as a steep decline in global markets, continued foreign institutional investor (FII) outflows and other headwinds weighed heavily on investor sentiment. The BSE Sensex, after hitting an intraday low of 73,318.94, ended…
Written by: Heena Ojha Updated Jun 8, 2026 15:47 IST Kurian highlighted improving deposit market share for large private banks. (Image: ET NOW) Markets may remain volatile in the near term amid geopolitical tensions and rising crude prices, but strong domestic themes continue to offer opportunities, according to Shibani Kurian, Senior Fund Manager and Head…
Ankit Nagori-led food services company Curefoods has delayed its planned initial public offering (IPO) amid rising geopolitical tensions in West Asia and is now evaluating a fresh pre-IPO funding round, sources told CNBC-TV18. The news on IPO delayed was first reported by Economic Times. Sources have further told CNBC-TV18 that the company has adopted a…
Dynacons Systems & Solutions Ltd has secured a ₹125.88 crore project from Central Bank of India to expand the lender’s private cloud infrastructure and establish a next-generation computing platform powered by NVIDIA H200 Blackwell GPUs, further strengthening the company’s presence in large-scale digital infrastructure projects. The order, awarded by the state-owned lender, involves the expansion…
Waaree Renewable Technologies Ltd has secured a Letter of Award (LoA) for a 300 MW/450 MWp ground-mounted solar engineering, procurement and construction (EPC) project, adding another large-scale renewable energy mandate to its growing order book. The company disclosed the development in an exchange filing on Friday, underscoring continued demand for utility-scale solar projects as India…
Shares of Hindalco Industries Ltd. were trading nearly 2% lower on Monday despite a bullish view from global brokerage HSBC, which reiterated its ‘Buy’ rating on the stock and maintained a price target of ₹1,430 per share. At the current market price of ₹1,071.90, HSBC’s target implies a potential upside of around 31%. The brokerage…
India’s information technology (IT) sector has delivered an earnings surprise in the March quarter of FY26, posting a 14.4 per cent year-on-year rise in net profit, marking a sharp recovery from the 8.7 per cent contraction seen in the preceding December quarter, according to data compiled by ET Wealth from Bloomberg. The turnaround comes at…
Matt Orton of Raymond James said resilient growth and inflation may keep the Fed on hold, making short-term bonds attractive. (Image: ET Now) The US bond market may be presenting opportunities at the shorter end of the yield curve as investors overestimate the likelihood of further Federal Reserve tightening, according to Matt Orton, Chief Market…
India’s fast-moving consumer goods (FMCG) sector could be headed for its strongest year of growth since the financial year 2022-23 (FY23), with Goldman Sachs expecting earnings momentum to continue through the financial year 2026-27 (FY27) despite concerns over crude oil prices, inflation and monsoon conditions. Arnab Mitra, India Consumer Analyst at Goldman Sachs, said the…
Foreign portfolio investors (FPIs) sharply reduced their exposure to financial stocks in the second half of May, with the sector emerging as the biggest laggard in terms of assets under custody (AUC), according to data compiled from NSDL. Between May 15 and May 31, AUC in financial services declined by Rs 11,441 crore, the steepest…
