Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to offices
Vedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The companies confirmed the visits and stated they are fully cooperating with the authorities. This news comes after Vedanta’s recent demerger and a positive rating upgrade from ICRA.
IndiGo shares fall as airline halts Manchester flights amid soaring operational costs
IndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soaring operational costs. This decision will see one of its leased Boeing 787-9 Dreamliners returned. Despite strong passenger demand, longer flight times and escalating expenses forced the airline’s hand, though it remains committed to long-haul […]
What rising crude and aluminium prices mean for India
Geopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil marketing companies. Analysts see a potential new commodity upcycle. Aluminium prices are expected to peak next year. China’s demand remains a key factor for global commodities. Investors are watching for government decisions on windfall taxes.
ETMarkets PMS Talk | We stayed fully invested through elections, tariffs and war fears — and outperformed: Manish Gupta & Viraj Mahadevia of MoneyGrow PMS
MoneyGrow PMS has navigated market volatility by focusing on businesses with consistent earnings growth. The fund house identifies opportunities in financials, manufacturing, and capital markets. Despite global uncertainties, they remain optimistic about India’s long-term growth story. Their strategy emphasizes identifying companies with strong EPS growth outlook, leading to outperformance.
ETMarkets Smart Talk | Don’t mistake foreign outflows for an India exit story; smart money is becoming more selective: Milan Parikh
Foreign institutional investors are net sellers in Indian equities due to global concerns, but this reflects capital reallocation, not a loss of confidence. Smart money is becoming selective, favoring businesses with strong fundamentals and growth prospects. India’s structural growth drivers and domestic consumption remain attractive long-term.
Can CMR Green’s IPO deliver long-term gains for high-risk investors?
CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recycled aluminium, faces commodity price volatility and customer concentration risks. Despite revenue growth and margin expansion, negative operating cash flow and increased debt warrant caution for investors.
Trent bonus issue alert! Last date to buy shares for 1:2 bonus reward. Do you own?
Trent, the parent of Zudio and Westside, has announced its first bonus share issue. The record date is June 4, meaning today is the final chance to buy shares for eligibility. Investors will receive one bonus share for every two shares held. This corporate action is a significant event for shareholders.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 2, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]
SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
SpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 billion by selling new shares. This move is expected to be the largest IPO ever. Investors will get a chance to buy into Elon Musk’s vision for space exploration and technology.
Coca-Cola uncaps IPO plans for India bottling business, eyes 2027 listing
The Coca-Cola Company is preparing to take its India bottling business, Hindustan Coca-Cola Holdings (HCCH), public in a significant IPO expected to raise over $1 billion. The listing, likely in 2027, aims to value HCCH at over $10 billion, with Coca-Cola retaining significant shareholding.