Jefferies, Morgan Stanley Bullish on Navin Fluorine Amid ₹2,000 Cr Capex Boost
Jefferies’ bullish stance on Navin Fluorine hinges primarily on the successful monetization of its ₹2,000 crore capital expenditure, invested over the last three years in scaling advanced chemical manufacturing capabilities.…
Govt May Hike Peak GST Rate to 60% Before Compensation Cess Ends in 2026
India’s maximum Goods and Services Tax (GST) rate may soon be revised to 60% from the current legal cap of 40%, as the government prepares for the discontinuation of the…
Zee Shares Rise on ₹2,237 Cr Promoter Infusion via Convertible Warrants
Zee Entertainment Enterprises Ltd (ZEEL) opened on a positive note in Tuesday’s trade, June 17, 2025, after announcing a significant capital infusion from its promoter group. The media and entertainment…
Vishal Mega Mart Falls 7% After Promoter Sells ₹10,488 Cr Stake via Block Deal
Shares of Vishal Mega Mart Ltd. saw a sharp sell-off during early trade on Tuesday, June 17, 2025, following a large block deal involving promoter entity Samayat Services LLP. The…
Nifty Dips Below 24,900 as FIIs Sell Amid Geopolitical Tensions; Broader Market Holds
India’s benchmark indices witnessed a turbulent trading session on June 17, 2025, with the Sensex and Nifty sliding amid heavy foreign selling and persistent geopolitical anxiety in the Middle East.…
US, Ireland Led the Comeback of Foreign Inflows into Indian Equities in April–May
After six months of continuous foreign outflows, India's equity market witnessed a sharp turnaround. Between April and May 2025, India attracted over $7.5 billion in net foreign inflows, signaling renewed…
Big Mutual Funds Reduce Cash Holdings in May 2025; Over 60% of Equity Schemes Show Decline
In a notable shift, equity mutual fund schemes saw a 4.4% decline in cash holdings in May 2025, pointing towards growing confidence in the stock market. According to data from…
Biocon to Launch ₹4,500 Crore QIP Soon; Eyes Debt Reduction and Stronger Balance Sheet
Biocon Ltd, the Bengaluru-based global biopharmaceutical company led by Kiran Mazumdar-Shaw, is preparing to launch a qualified institutional placement (QIP) worth up to ₹4,500 crore, possibly as early as this…
SEBI Board to Discuss PSU Delisting, AIF Flexibility, and Easier QIP Norms This Week
The Securities and Exchange Board of India (SEBI) is set to convene its highly anticipated board meeting on June 18, 2025, with an expansive regulatory agenda covering a wide range…
Bajaj Finance Slides 90% Post Bonus, Split Adjustment; No Cause for Alarm
Bajaj Finance shares began trading on June 16 at ₹956 apiece, sharply down from their previous close of ₹9,331, leading to a dramatic 90% drop on paper. However, the fall…
