Synopsis: LTIMindtree shares plunged 8% amid a broader IT sector selloff as investors assessed AI’s opportunities and risks. While UBS remains optimistic about AI-led growth, Jefferies warned that automation could disrupt traditional IT services demand. The shares of...
Synopsis: Mamata Machinery shares rose 3% after securing an EU patent for its “Multi-Purpose Sealing Module,” strengthening its global IP base and supporting expansion into Europe, with India granted and US pending patents also in place. The shares of a micro-cap...
Synopsis: Indian markets fell sharply amid concerns over proposed U.S. tariffs, rising crude oil prices, continued FII selling of Rs 8,363 crore, and weakness in the rupee. Indian equity markets came under pressure on Wednesday as investors turned cautious amid a...
Synopsis: CarTrade Tech shares jumped 8% after Kotak Institutional Equities upgraded the stock to ‘Buy’ and raised its target price to Rs. 2,300. The brokerage cited OLX’s improving profitability, strong dealer network, and limited AI disruption risks as key...
Synopsis: UltraTech Cement is in focus after Morgan Stanley named it its preferred pick in the cement sector. Despite rising cost pressures and margin headwinds, the company’s scale, capacity expansion, and sustainability initiatives position it to outperform peers...
Synopsis: CMR Green Technologies Limited’s ₹630.88 crore IPO opens on June 3, 2026, and offers exposure to India’s growing metal recycling sector. Strong customer relationships and improved profitability support growth, while commodity price volatility remains a key...
Synopsis: Four of India’s leading two-wheeler makers reported their May 2026 sales data. One crossed a historic high, one posted the sharpest growth rate, one held firm on the export front, and one kept its premium momentum alive. India’s two-wheeler...
Synopsis: MCX launched Silver 100 Futures on June 1, 2026, enabling jewellers, small businesses, and retail investors to trade silver in smaller, more accessible quantities. This Mid-cap Stock, engaged in providing an electronic platform for commodity derivatives...
Synopsis: Kotak Securities has issued a Sell call on Cochin Shipyard, implying a potential 42% downside to ₹830 due to weak operating performance, margin pressure, and execution delays. Growth uncertainty from dependence on new defence orders, unmaterialised JVs, and...
