Category: Business News

Japan’s benchmark 10-year government bond yield reached its highest level in nearly three decades. This surge occurred as oil prices climbed, fueling inflation worries among investors. Shorter-dated bond yields also increased, reflecting broader market pressures. Investors are watching a significant government bond auction scheduled for later today. Concerns over fiscal policy and potential inflation are…

Nomura increased Ather Energy’s target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected…

Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India’s electronics manufacturing ecosystem across batteries, displays and smartphones.

Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for Q1 FY27. Strong domestic demand and international growth contributed to this impressive financial performance. The launch of a gold recirculation campaign also gained significant customer traction during the quarter. Kalyan…

India’s three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as soaring crude oil prices, LPG under-recoveries, weak fuel marketing margins and rupee depreciation squeeze profitability. Analysts say further fuel price hikes may be needed if crude stays elevated.

TCS shares exhibit weak technical momentum before upcoming Q1 results. Analysts anticipate flat sequential revenue growth and a profit increase. Key support lies around the 1,985-2,000 zone for traders. Brokerages expect margins to decline due to wage hikes and other factors. Investors will monitor AI’s impact and deal wins for future growth.

Motilal Oswal has added ten stocks to its model portfolio anticipating healthy revenue growth. Large, mid, and smallcap companies are expected to report significant sales increases year-on-year. Key additions include RBL Bank, HDFC AMC, and BSE with specific target prices. Investors will closely monitor TCS’s Q1 results for insights into demand and AI’s impact. The…

Laser Power & Infra’s Rs 742 crore IPO opened for subscription on Thursday. The integrated manufacturer of power cables and conductors is drawing interest in the grey market. The company’s shares are commanding a premium, signalling potential listing gains over the issue price. The IPO will remain open for subscription until July 13, 2026. Shares…

Indian stock markets traded higher on Thursday, recovering from Wednesday’s significant decline. Sensex and Nifty saw marginal gains as investor confidence returned to the trading floor. Oil prices continued their upward trend, influenced by escalating Middle East geopolitical concerns. Foreign institutional investors remained net buyers of Indian equities for the sixth consecutive session.

India’s largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager’s conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is…