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The rapid growth of leveraged ETFs has introduced a relatively new source of market risk that can mechanically amplify both rallies and selloffs.

Citi has a ‘sell’ rating and a target price of ₹320 per share on the Tata Motors PV stock, indicating a downside of 9% from its previous closing price. 

Production for Coal India is generally sluggish during the first half of the financial year due to the monsoons. However, production generally catches up in the second half as weather conditions improve.

Rocket Lab shares jump about 20% as it agrees to buy Iridium Communications for roughly $8 billion, adding 2.55 million subscribers and recurring revenue.

While the reading fell short of market expectations, the average PMI for April-June quarter stood at 51.9, the highest since the fourth quarter of 2020. 

“Hawkish comments by US Federal Reserve policymakers are fueling expectations for higher rates, encouraging capital away from assets like cryptocurrencies that don’t pay a yield. Investors pulled more than $4 billion from US-listed Bitcoin exchange-traded funds in June, the most…

Road construction stocks including NCC, KPIL, KEC International and Larsen & Toubro (L&T) could benefit from a revival in highway project awards, says Equirus’ Vijay Agarwal, who expects around ₹1.5 lakh crore of road projects to be awarded this year.

Paisalo Digital’s growth strategy will be driven by AI-led lending, continued focus on asset quality and expansion of its distribution network, which currently comprises 5,299 touchpoints across 22 states and Union Territories.

The US Treasury removed four Indian companies from its Russia-related sanctions list in its latest OFAC update. Galaxy Bearings and Lokesh Machines, both publicly listed, rallied after the announcement.

Waterways Leisure Tourism recently signed an time charter agreement to acquire two new cruise vessels on lease, namely “Norwegian Sky” and “Norwegian Sun”, each with a capacity of up to 2,004 and 1,936 guests respectively.