The Nifty IT index plunged today, June 30, 2026, hitting a fresh 52-week low as major players like Infosys, TCS, and Wipro saw their shares tumble by up to 3%. This significant downturn reflects a growing unease among investors about the sector’s immediate future. What exactly is driving this selling pressure and making investors so […]

SIS Limited, a prominent security and facility management firm, has announced a share buyback program worth up to Rs 120 crore. This move, approved in principle by its board on June 29, 2026, marks the company’s fifth buyback since its listing in August 2017. The proposed buyback price is set at a maximum of Rs

Global financial firms are recalibrating their expansion strategies in Asia, with a notable shift towards South Korea. A recent ASIFMA-KPMG survey, released today, June 30, 2026, reveals that a significant number of firms are prioritising South Korea for future growth, while adopting a more cautious approach towards the once-favoured markets of China and India. This

GIFT Nifty, India’s offshore derivatives contract, has hit a massive milestone, recording an all-time high open interest of $21.56 billion (around Rs 2.04 lakh crore) on June 25, 2026. This isn’t just a big number; it signals a growing global appetite for Indian equities and offers crucial insights into how our domestic Nifty 50 might

Zerodha, India’s largest discount brokerage, is making a significant move. The company has applied to the Securities and Exchange Board of India (SEBI) for a Category-I merchant banking license. This strategic step, confirmed by a Zerodha spokesperson, signals their intent to enter the traditional investment banking space, managing Initial Public Offerings (IPOs) and advising companies

Amazon’s aggressive expansion into India’s quick commerce sector, aiming to build the country’s largest “delivery in minutes” network, has sent ripples through the market. This intensified push, announced in June 2026, is reportedly contributing to a significant re-evaluation of valuations for established players like Eternal (formerly Zomato) and Swiggy, with one report suggesting a collective

The global AI chip rally is facing a “reality check,” but fears of a full-blown bubble might be overdone, according to EM-Equity Strategist Adrian Mowat. While South Korean chip stocks are seeing a temporary dip, Mowat believes the volatility stems from strong earnings revisions driven by tight supply and demand. For Indian investors, this perspective

Kotak Mahindra Bank shares saw a notable dip of over 2% on June 29, 2026, following the unexpected announcement that MD & CEO Ashok Vaswani will step down at the end of his term in December 2026. This news, coming just over two years into his three-year tenure, has sparked discussions among investors, especially as

Investors in Tata Motors’ commercial vehicle (CV) business, now known as Tata Motors Ltd (TMCV), are seeing a delay in its strategic acquisition of Iveco’s CV operations. While the news might seem like a setback, market expert Sudip Bandyopadhyay believes this delay won’t dent the long-term growth prospects for the company. He views the deal

The Big Mainboard Debut on Monday Turtlemint Fintech Solutions Limited is gearing up for its formal stock market debut this coming Monday, June 29, 2026, with its shares scheduled to commence Live trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) at 9:15 AM. The ₹883 crore public issue, which was

Leading financial firms like Jefferies and Elara Capital have recently initiated or significantly updated their coverage on a selection of Indian stocks, signaling fresh conviction in their growth prospects. This comes as markets continue to navigate new highs, prompting investors to seek out companies with strong fundamentals and clear catalysts. For retail investors, understanding these

Indian aluminium stocks like Vedanta, Hindalco, and NALCO are facing a strong “sell” recommendation from InCred Equities today, June 25, 2026. This isn’t just a minor downgrade; InCred is predicting a potential crash of 30-40% for these companies. While many investors might be focused on the demand for primary aluminium, InCred’s bearish view stems from