Largecaps bear the brunt as FIIs reduce stakes across markets in June quarter

Foreign Institutional Investors trimmed stakes across largecap, midcap and smallcap stocks in the June quarter, with the steepest proportional cuts in largecaps. Key stocks like Shriram Finance, ABB, and Dreamfolks saw sharp declines, highlighting rising foreign caution and shifting sentiment in India’s equity markets.

Rupee slides to all-time low on surge in hedging, speculative bets

The Indian rupee plummeted to a new record low of 88.33 against the U.S. dollar on Monday, surpassing the previous low recorded on Friday. This decline reflects increased hedging activity by importers and a rise in short positions taken by market participants. The pressure on the rupee is attributed to higher U.S. tariffs, exacerbating existing […]

Ather Energy shares surge 5% to 52-week high after launch of Next-Gen EL platform

Ather Energy’s shares soared following the unveiling of its next-generation scooter platform, EL, at Ather Community Day 2025, reaching a 52-week high. The EL platform, designed for versatility and scalability, is expected to drive the company’s future growth. With the launch of updated AtherStack™ 7.0 and next-generation fast chargers, Ather aims to enhance rider experience […]