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India’s Q4 FY25 GDP growth came in at 7.4%, beating the RBI’s 7.2% estimate, with construction and services leading and full-year FY25 growth at 6.5%.
IIFL Finance approved $500 million senior secured social notes at 7.60% for 3.25 years, listing on India INX and NSE IFSC to fund onward lending.
Indian equities stayed volatile as US-Iran tensions lifted crude risk, foreign outflows weighed, and investors awaited the RBI MPC decision amid sharp sector rotations led by IT.
Kuku FM is preparing for a potential India listing, with reports pointing to a confidential SEBI filing, multiple banker mandates, and a ₹2,500-3,500 crore fundraise target.
With Nifty closing at 23,350.40 after IT-led selling, social chatter highlights SBI, ICICI Bank and Wipro for June 4 amid weak global cues and elevated oil.
Infosys and Wipro ADRs fell sharply after brokerage downgrades and target cuts, with AI disruption fears and weak global tech sentiment also pressuring Indian IT stocks.
GIFT Nifty signalled a muted start as crude near $97, West Asia tensions and the RBI policy meeting kept traders cautious despite domestic buying and recent index swings.
Steel Strips Wheels reported record Q4FY26 revenue and quarterly EBITDA, while outlining FY27-28 targets including ₹650 crore EBITDA guidance, Bhuj capex plans, and export expectations.
India is preparing an ordinance-led tax overhaul for foreign investors in government bonds, including scrapping capital gains tax and possibly cutting the 20% interest withholding tax.
Sona Comstar’s shares were around ₹603 on 3 June 2026, with a ₹38,006 crore market cap, a ₹619 average target, and mixed platform data on ranges and valuation.
The RBI’s June 2026 MPC decision is due on June 5, with markets expecting a repo-rate hold at 5.25% while tracking inflation, GDP and rupee pressures.
Retail investors are debating a rule to buy a fixed rupee amount of a Nifty 50 ETF every time the index falls 1% from its latest peak.
BHEL signed a ₹2,000-2,500 crore contract with Nigeria’s Dangote Refinery to supply and commission eight gas turbine generator packages within a 26-month schedule.
Tega Industries reported FY26 consolidated revenue of ₹1,773.6 crore with 22% EBITDA margin, while profit fell amid Molycop acquisition costs and labour code-related charges.
Poonawalla Fincorp raised ₹2,500 crore via QIP as analysts updated fair values and targets, while brokerages highlighted FY26-28 growth visibility and improving asset quality trends.
Saraswati Saree Depot has called a May 29, 2026 board meeting in Kolhapur to consider Q4 and FY26 financial results, with the trading window closed.