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Nifty could hit 27,000-28,000 in CY26, says Monarch Networth; bullish on banks, telecom stocks

New Delhi, June 16 -- Brokerage firm Monarch Networth Capital expects the Nifty 50 to hit 27,000-28,000 during CY2026, implying significant upside from current levels of around 23,600, supported by a ... Read More


Adani Ports expands partnership with Kaleris, to invest up to $100 million in AI-led port automation

New Delhi, June 16 -- Adani Ports and Special Economic Zone (APSEZ) will roll out an AI-enabled operating platform across 15 container terminals spanning nine domestic and international ports, investi... Read More


HCLTech shares gain 4% after Rs.1,427 cr investment in Sarvam AI

New Delhi, June 16 -- Shares of HCL Technologies rose nearly 4 per cent on Tuesday after the IT services major announced a Rs.1,427.25 crore investment in Sarvam AI, marking what analysts described as... Read More


Led by US, exits from gold ETFs continue for the 5th week in a row

New Delhi, June 16 -- Investors chose to encash $4 for every dollar invested in physically-backed gold exchange-traded funds (ETFs) last week, as investments continued to witness net negative inflows ... Read More


Sensex, Nifty hold gains off day's high, metal stocks slump over 2%, Hindalco, NALCO, Vedanta Aluminium top losers

New Delhi, June 16 -- Equity benchmarks pared early gains but continued to trade in positive territory during the afternoon session on Tuesday, as profit booking in select heavyweights capped the rall... Read More


Centre bans OTC sale of cough syrups without doctor prescription, tightens norms

New Delhi, June 16 -- The Centre has tightened its norms on cough syrups, banning over-the-counter (OTC) sale of the product without a doctor's prescription, the Union Health Ministry said in its late... Read More


India-US trade deal: Fair bargain or unequal pact?

New Delhi, June 15 -- As India and the United States race to conclude the first phase of their bilateral trade agreement, critical questions remain over tariffs, market access, agriculture and India's... Read More


Monsoon progress held back by dry westerlies as west coast eyes rain revival

New Delhi, June 15 -- Dry westerly winds sweeping in from across the international border dominate north and north-west India, blocking south-easterly monsoon flow from the Bay of Bengal and keeping i... Read More


Bulk users diverted 3.50 lakh tonnes of diesel sales to retail outlets in May forcing Govt to cap sales

New Delhi, June 15 -- Government capped diesel sales at retail fuel dispensing stations after bulk industrial and commercial users diverted as much as 3.50 lakh tonnes of the key transport fuel in May... Read More


Razorpay files confidential IPO paper, eyes $500-600 million public issue

New Delhi, June 15 -- Digital payments unicorn Razorpay has taken a major step towards its stock market debut, filing a pre-filed draft red herring prospectus (DRHP) with the Securities and Exchange B... Read More