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Trent has set June 4, 2026 as the record date for its first 1:2 bonus issue, making June 3 the effective last buying day under T+1 settlement.
Zydus Lifesciences shares slipped after USFDA observations at multiple Gujarat and Baddi sites, though the company said no data integrity issues and pledged quick remediation.
Natco and Lupin secured USFDA approval for Eribulin Injection, alongside a tentative US nod for Erdafitinib and fresh updates on Form 483 observations at key API sites.
Zydus Lifesciences shares fell over 2% after it reported a USFDA warning letter tied to purified talc observations at its Baddi formulations facility, with no disruption expected.
Power Mech Projects reported a ₹266.26 crore KPI-linked O&M contract for a 2x300 MW plant in Butibori, adding to recent Adani and Mumbai Monorail O&M wins.
NMDC shares have rallied in 2026 as iron ore price hikes, firm global benchmarks and volume guidance of 60 mt for FY27 improve near-term earnings visibility.
The RBI MPC kept the repo rate unchanged at 5.25% in June, with investors tracking updates on inflation and GDP forecasts, liquidity signals, and the rupee’s recent weakness.
The RBI’s June 3-5 MPC meeting comes as crude prices surge, the rupee weakens and West Asia tensions lift inflation risks, testing the central bank’s neutral stance.
Social media is tracking how DII net buying near ₹9,000 crore is cushioning Indian indices during sharp declines even as FII flows swing between buying and selling.
CarTrade Tech, Concord Biotech and Apar Industries rose up to 8% on brokerage upgrades, USFDA approval news and FY26 earnings updates, even as broader markets corrected.
India’s HSBC services PMI rose in May on stronger domestic demand, even as global orders stayed below last year’s average and business confidence softened again, the survey showed.
IRCTC and RVNL shares slipped after Q4 FY26 results showed profit pressure, as the broader railway pack faces a valuation reset despite the government capex narrative.
India’s benchmarks swung sharply as IT-led selling and global worries hit sentiment, even as the Sensex later rebounded to 74,650 on bargain buying.
DEE Development Engineers approved a ₹300 crore preferential issue at ₹502 per share and called an EGM for June 27, 2026, after the stock fell on the news.
Indian IT stocks fell sharply as the Nifty IT index dropped about 4.7%, led by steep declines in TCS, Infosys, and other large-cap and mid-tier tech names.
Nifty IT swung sharply, snapping a short rally as profit booking and worries over AI disruption, US rates and weak global tech pushed major stocks down up to 7%.