Weak start seen for Indian markets; analysts expect rebound on strong global cues

Gift Nifty indicates at 23,500 indicates that market may see a gap down opening of 100 points despite positive global markets. Overnight, the S&P 500 closed at a fresh record…

Asia naphtha prices hit three-month low as ADNOC restores exports via Oman

Asia’s naphtha prices tumbled to ‌their lowest since early March as the Abu Dhabi National ​Oil Co (ADNOC) resumed exports in May via the ⁠Omani port of Sohar, traders said,…

Alkem Laboratories promoters sell 1.5% stake for ₹930 crore via block deal

Two promoter entities of Alkem Laboratories on Tuesday divested a 1.5 per cent stake in the pharmaceutical company for Rs 930 crore through open market transactions. A total of 17,88,220…

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 June 2026

Buy or sell stocks: India’s benchmark equity indices, the Sensex and Nifty 50, ended their four-session losing streak on Tuesday, June 2, supported by gains in heavyweight IT stocks and…

Gold, silver rates today: Comex gold jumps $65/oz; silver rebounds $2 as oil prices retreat and dollar weakens

Precious metals rebounded in Tuesday’s trade on 2 June, supported by a retreat in crude oil prices and a softer US dollar. In the previous session, both gold and silver…

Hewlett Packard Enterprise stock surges 35% to record high after strong earnings, upbeat outlook

Shares of Hewlett Packard Enterprise surged 38% in Tuesday’s trade on 2 June, hitting a fresh record high of $64.25 apiece, after investors cheered the company’s strong fiscal second-quarter earnings…

Marvell Tech shares soar 23% in premarket trading after Nvidia CEO calls it ‘the next trillion-dollar company’

Shares of Marvell Technology soared 23% to $270 in US premarket trading after Jensen Huang predicted that the semiconductor and networking company could become the “next trillion-dollar company”. The stock…

IPO issuers opt to wait rather than resize offerings

Companies planning public offerings are largely choosing to wait for better market conditions rather than resize offerings, as valuation expectations continue to weigh on launch decisions amid volatile markets. In…

GIC-backed Asia Healthcare eyes IPO in 12-18 months, awaits market stability

Asia Healthcare Holdings (AHH) is considering listing its shares within the ​next 12 to 18 months, although it remains wary of market ‌volatility, Executive Chairman Vishal Bali said. The company,…

West Asia tensions delay PPFAS’ India-focused GIFT City funds even as US-focused schemes gain

Parag Parikh Financial Advisory Services Ltd (PPFAS) has put on hold the launch of two India-focused investment schemes from GIFT City amid ongoing geopolitical tensions in West Asia, even as…