NHPC OFS: Issue subscribed 3.47 times on day 1, govt to exercise full 3% greenshoe option | Details - Markets

NHPC OFS: Issue subscribed 3.47 times on day 1, govt to exercise full 3% greenshoe option | Details – Markets

The government’s offer for sale (OFS) in NHPC was subscribed 3.47 times on June 2, DIPAM Secretary Arunish Chawla said. He added that allocation will be carried out on a price-priority basis. Retail investors and employees can place bids on June 3, 2026, while the government will exercise the entire 3 per cent greenshoe option…

Read More
Glove makers flag surge in substandard imports, seek urgent govt enforcement of quality norms

BofA sees domestic growth, Semaglutide opportunity driving pharma in FY27

India’s pharmaceutical sector enters FY27 on a strong footing, backed by improving domestic demand, new product opportunities and healthy balance sheets, according to Neha Manpuria, Senior Analyst – Pharma, Healthcare at BofA Global Research. The March quarter reflected broad-based strength across the industry, with domestic formulations emerging as a key growth driver. Market growth in…

Read More
Stock Market Today, June 2: Sensex ends 4-day losing streak, closes 382 higher; Nifty above 23450 - check gainers and losers | Closing Bell - Markets

Stock Market Today, June 2: Sensex ends 4-day losing streak, closes 382 higher; Nifty above 23450 – check gainers and losers | Closing Bell – Markets

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…

Read More
Rupee may weaken towards 98 as oil and US yields pressure EMs: David Hauner of BofA Securities

Rupee may weaken towards 98 as oil and US yields pressure EMs: David Hauner of BofA Securities

BofA Securities expects the rupee to remain under pressure and potentially weaken towards 98 against the US dollar over the next few months as higher oil prices, sticky inflation and rising US bond yields keep global markets volatile. David Hauner, Head-Global EM Fixed Income Strategy at BofA Securities, said the near-term environment remains difficult for…

Read More
Investment Strategy at 50: Lump Sum or SIP? 9 funds recommended by expert to plan smart and balance risk - Mutual Funds

ET Now Exclusive | IT stocks may see a 10-15% rally in the near future; Experts see TCS, Infosys technically well placed – Here’s why – Markets

Written by: Heena Ojha Updated Jun 2, 2026 14:45 IST The Nifty IT index has staged a notable recovery in the near term, gaining 7.24 per cent over the past week. (Image Source: ET NOW) A recovery rally could be on the cards for Indian IT stocks, with market participants increasingly arguing that the recent…

Read More
Top Stocks to BUY, SELL or HOLD Today: Titagarh Rail, ​Asian Paints, Trent, NBCC, Kotak Mahindra Bank and others - Markets

Top Stocks to BUY, SELL or HOLD Today: Titagarh Rail, ​Asian Paints, Trent, NBCC, Kotak Mahindra Bank and others – Markets

Top Stocks to BUY, SELL or HOLD Today: Brokerage calls are set to keep several stocks in focus in today’s (June 2) trading session, with analysts issuing fresh buy, sell and hold recommendations across sectors. Stocks including Kotak Mahindra Bank, NBCC, Cyient, Coal India, Trent and Titagarh Rail are likely to remain on investors’ radar…

Read More
‘Q1 likely to bear worst impact of West Asia crisis’: Edelweiss AMC’s Trideep Bhattacharya on FY27 earnings cuts, AI phase and energy security bets | ET NOW EXCLUSIVE - Markets

‘Q1 likely to bear worst impact of West Asia crisis’: Edelweiss AMC’s Trideep Bhattacharya on FY27 earnings cuts, AI phase and energy security bets | ET NOW EXCLUSIVE – Markets

‘Q1 likely to bear worst impact of West Asia crisis’: Edelweiss AMC’s Trideep Bhattacharya on FY27 earnings cuts, AI phase and energy security bets | ET NOW EXCLUSIVE (Image source: AI-generated) FY27 earnings cuts, AI phase and energy security bets: As India Inc sets the ball rolling for Q1 FY27, Edelweiss AMC President and CIO…

Read More
Investment Strategy at 50: Lump Sum or SIP? 9 funds recommended by expert to plan smart and balance risk - Mutual Funds

Real estate, banking, renewable energy best bets during uncertain times, says Doordarshi India Fund’s Rajiv Agarwal | EXCLUSIVE – Markets

Rajiv Agarwal of Doordarshi India Fund, remains positive on India’s domestic sectors despite global uncertainty, favouring real estate, banking and renewable energy. (Image: ET Now) Stock Market Outlook: Global uncertainty continues to dominate investor discussions, but Rajeev Agarwal, Managing Director of Doordarshi India Fund, believes there are still opportunities in select domestic sectors in India….

Read More