Stock Market Live: Kalpataur Projects Get Orders Worth Rs 3,789 Crore
Kalpataru Projects International Ltd. received construction orders worth Rs 3,789 crore in buildings and factories segment, the company said in the exchange filing.
Stock Market Live: HSBC Hikes IndiGo’s Target Price
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Maintains buy and raises target price to Rs. 6,650 compared to earlier Rs. 5,975
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Expect Indigo to benefit from healthy strategy, strong balance sheet, supportive macro
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Expect demand to be quite strong, well supported by tight capacity
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Indigo’s strategy to expand international operations seems sensible
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FY26-27e EBITDA increases by 2% and net profit forecasts by 19% and 18%
Stock Market Live Update: Morgan Stanley On India Non-Bank Financials
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Lenders to boost credit.
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Vehicle finance has limited scope for accelerating credit growth.
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Will drive a faster drop in borrowing costs at NBFCs.
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Regulatory focus on transmission will be high.
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HFCs (Housing Finance Companies) in prime segment will see higher rate reduction requests.
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MCLR (Marginal Cost of Funds Based Lending Rate) linked borrowings costs should also moderate faster.
Stock Market Live: India’s Fear Gauge’s Plunge Ahead Of Key Events Signals Major Market Shift
India’s volatility index defied conventional behaviour in June 2025, falling to multi-week lows just days before the Reserve Bank of India delivered its most aggressive policy surprise in years.
The India VIX — often referred to as the market’s ‘fear gauge,’ — dropped nearly 10% across two sessions leading into the June 6 monetary policy announcement.
Read the full article here.
Stock Market Live: Citi On Indian Banks &n Non-Bank Lenders
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Significant relief to lenders for 2025 (particularly gold loan NBFCs).
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Softens several stricter provisions outlined
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Directions are notable relaxed and formally includes silver too as collateral.
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LTV limit for consumption loans relaxed to 85%/80%
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No credit assessment required for loans up-to Rs250k.
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Standard asset provisioning of 1% on breach of LTV norms is removed.
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Section on income generating loans is removed.
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Suitable document or declaration from borrower enough to establish ownership.
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No mention of periodic end-use monitoring or evidence.
Stock Market Live: JPMorgan On Premier Energies
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Neutral with Target price of Rs 1,013 which implied a 4% downside
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Management highlighted improved demand outlook for DCR cells
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Risk include currently elevated margins, low entry barriers, and delays in demand.
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Company is Confident that 25GW market can double in next few years
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The company is targeting a 20% market share.
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Foreign demand remains strong, near term focus on domestic market
Asia Market Update: KOSPI Rises Nearly 2%; Nikkei 225 & CSI 300 Trade Higher
Asia-Pacific share indices advanced on Monday’s session as US President Donald and China’s President Xi Jingping are set to meet to resume trade talks, with a focus on rare earth exports.
The Nikkei 225 and CSI 300 were trading 0.96% and 0.1% higher, respectively as of 7:16 a.m. The KOSPI was 1.76% higher.
US Market Update: S&P 500 Hits 6,000 Mark; Dow Jones Rises Over 1%
US share indices rose in Friday’s session with the S&P 500 hitting the 6,000 mark as President Donald Trump to resume trade negotiation with the Chinese President Xi Jingping. Moreover, higher-than-expected non-farm payroll data eased concern about the world’s largest economy.
Dow Jones Industrial Average rose 1.05% at 42,762.87. S&P 500 rose 1.03% at 6,000.36. S&P 500 rose 1.03% at 6,000.36.
GIFT Nifty Implies Positive Open; M&M, Hyundai, Hindustan Zinc In Focus
The GIFT Nifty was trading 0.02% or 5.5 points higher at 25,163.50 as of 6:32 a.m., which implied a positive open for the benchmark Nifty 50 index.
Traders may keep an eye on Mahindra & Mahindra Ltd., Hyundai Motor India Ltd., and Hindustan Zinc Ltd. shares because of the overnight news flow.
The benchmark equity indices closed higher for third straight session on Friday, after the Reserve Bank of India Monetary Policy Committee slashed the key lending rate by 50 basis point to bring it to 5.5%.
The NSE Nifty 50 ended 252 points, or 1.02% higher at 25,003, while the BSE Sensex closed 746.95 points, or 0.92% up at 82,188.99.
. Read more on Markets by NDTV Profit.