Synopsis: Global commodity and currency markets witnessed heightened volatility on Thursday, June 4, 2026, as Brent crude futures slipped below $97 per barrel following diplomatic progress toward a conditional ceasefire in the Middle East. Concurrently, the Indian...
Synopsis: Shares of state-run trading majors MSTC and MMTC surged up to 15% on Thursday, June 4, 2026, following the Union Cabinet’s approval of a landmark Rs. 9,585 crore vehicle scrappage incentive scheme for the Delhi-NCR region. The policy, targeting the...
Synopsis: The Union Cabinet has approved a 10,000 crore ATF Price Stabilisation Fund to shield Indian airlines from a 135% surge in jet fuel prices triggered by the West Asia crisis. The 36-month revolving fund provides interest-free advances to OMCs, allowing them to...
Synopsis: Shares of Lenskart Solutions Limited came under pressure during trading on June 4, 2026, after a major stake sale by one of its early investors, SoftBank. The stock declined more than 2% during the session, touching an intraday low of Rs. 505, as investors...
Synopsis: PNGS Reva Diamond Jewellery reported a 70% revenue surge to Rs. 439 crore for FY26, driven by aggressive retail expansion. However, rapid scaling and rising costs pressured profitability, dropping EBITDA margins from 31% to 22% and narrowing PAT margins as...
Synopsis: IIFL Finance successfully raised $500 million through an overseas social bond issue at a 7.60% coupon, 30 basis points lower than initial guidance. Attracting nearly $1 billion in bids, the 3.25-year notes reflect strong global investor confidence, lower...
Synopsis: Driven by record peak demand of 270.82 GW, the Indian Energy Exchange (IEX) reported its highest-ever monthly electricity trading volume of 12,983 million units in May 2026, marking an 18.6% year-on-year increase. Shares of Indian Energy Exchange Ltd (IEX),...
Synopsis: Jain Irrigation has commissioned one of the world’s largest single-unit biochar reactors in Jalgaon, Maharashtra. Processing 20,000 tonnes of agri-waste annually, the facility aims to enhance soil fertility and generate verified carbon removal credits....
Synopsis: Cryogenic OGS Limited witnessed strong buying interest on Wednesday, with its shares hitting the 5% upper circuit after the company announced that its material subsidiary, Infravolt Engineering Private Limited, secured a Rs. 12.58 crore order from Fimer...
Synopsis: Vodafone Idea shares surged nearly 7 percent to hit a fresh 52-week high of Rs. 15.09 on June 3, 2026, significantly outperforming a weak broader market. The rally was driven by a combination of positive developments, including an ICRA rating upgrade, a...
