03/07/26, Trending Stocks Gainers

 

03/07/26, Suzlon Energy Ltd.

SUZLON has turned into one of the strongest long-term performers among midcap stocks, delivering 601.12% returns over the past five years despite correcting 13.31% over the past year. With the company’s balance sheet turnaround largely complete, attention has moved to whether its expanding order pipeline and integrated renewable energy strategy can support the next phase of growth.

Suzlon: Scaling wind power capacity, renewable asset management

Suzlon’s June 2026 investor presentation said India requires significantly higher wind capacity over the coming years, with the company planning to expand beyond wind turbine manufacturing into project development, EPC execution, solar, battery storage and renewable asset management.

Sweta Jain, Research Analyst, Anand Rathi Institutional Equities, said, “Suzlon’s current valuation suggests that the market has largely discounted the successful debt-free turnaround. The next phase of value creation depends less on balance-sheet repair and more on whether the company can transform its wind turbine manufacturing business into a scaled, consistently profitable franchise while preserving the high-quality annuity economics of its O&M business.”

India’s wind pipeline remains the company’s biggest opportunity

Suzlon Energy Ltd. said electricity demand is entering a long growth cycle driven by industrialisation, electrification, data centres, electric vehicles, cooling demand and energy security. According to the company, these trends are increasing the need for renewable power, with wind expected to play an important role alongside solar and battery storage.

The company said every major outlook for India points to wind capacity exceeding 100 GW by 2030, with most estimates converging around 130 GW. India’s installed wind capacity stood at about 56 GW, while the country has an estimated wind energy potential of 1,164 GW at a 150-metre hub height, according to Suzlon’s presentation.

“Demand for wind in India is unambiguous, every credible scenario requires 100+ GW by 2030,” the company said in their investor presentation.

Suzlon said the biggest hurdle is not demand but execution. The company identified land acquisition, skilled manpower, grid connectivity and project execution as the principal constraints that determine how much of the planned capacity can actually be installed.

“The binding constraint is execution: wind trails on delivery due to land acquisition, skilled manpower, and grid-connectivity challenges,” the company claimed.

Suzlonplans to build beyond wind turbine manufacturing

Suzlon said it wants to become a full renewable energy solutions provider rather than remain only a wind turbine manufacturer.

Its “Suzlon 2.0” strategy covers renewable energy technology, project development, EPC execution, renewable asset management, solar, battery storage and energy management systems alongside its existing wind business. The company said this approach allows it to participate across the renewable energy value chain instead of depending only on equipment sales.

“The market has moved from ‘who has the lowest turbine cost’ to ‘who can deliver guaranteed firm power across a 25-year lifecycle,” as per the company.

The company has set several ambitions for FY31, including achieving over 40% share in India’s wind EPC market, more than 60% contribution from co-development, over 3 GW of export order intake, renewable asset management portfolio exceeding 70 GW and revenue growth of over 25% CAGR.

Manufacturing margins remain the next key test for Suzlon

While wind turbine demand is expected to remain healthy, analysts said the next question is whether higher manufacturing volumes also improve profitability.

Jain said, “The key investment debate is therefore not whether WTG revenues will grow they almost certainly will given India’s wind pipeline but whether that growth can sustain or enhance earnings quality. If manufacturing margins improve through scale, localization, and product mix while O&M continues to generate robust cash flows from an expanding installed base, the premium valuation can be justified. However, if consolidated profitability becomes increasingly dependent on a lower-margin manufacturing business without commensurate improvements in return ratios and cash generation, the market may eventually reassess the multiple despite continued revenue growth.”

Suzlon also placed considerable emphasis on expanding its operations and maintenance business, saying every megawatt commissioned becomes part of its long-term annuity base. The company has targeted renewable asset management of more than 70 GW while extending services across wind, solar and battery storage.

Company links execution capability with future order conversion

Suzlon’s presentation repeatedly said execution capability will determine how much of India’s wind pipeline converts into actual installations.

The company plans to expand project development by securing land and grid connectivity before customer commitments, allowing projects to move faster once orders are awarded. It also plans to integrate project execution across wind, solar and battery storage through a single EPC platform.

“We need OEMs to deliver to schedule — execution reliability is now the decisive factor,” the company 

Suzlon said its project development platform aims to shorten execution timelines by securing critical approvals before construction begins. The company also said long-term partnerships with customers could improve project visibility over several years.

Suzlon: Financial performance

The company reported strong growth across key operating and financial metrics during the past three financial years.

Revenue increased to Rs 16,679 crore in FY26 from Rs 10,851 crore in FY25 and Rs 6,497 crore in FY24.

EBITDA rose to Rs 2,456 crore in FY26 from Rs 1,550 crore in FY25 and Rs 710 crore in FY24.

Profit after tax increased to Rs 3,022 crore in FY26 from Rs 1,857 crore in FY25 and Rs 1,029 crore in FY24.

Wind turbine deliveries increased to 3,163 MW in FY26 from 2,072 MW in FY25 and 714 MW in FY24.

Suzlon Energy share price performance 

Suzlon Energy remains part of the Nifty Midcap 50 index and had a market capitalisation of Rs 77,756.47 crore, while its free-float market capitalisation stood at Rs 68,637.81 crore.

The stock delivered 601.12% returns over 5 years, 236.79% over 3 years, 7.83% on a year-to-date basis, 4.01% over 1 month, while it declined 13.31% over one year. During the latest week, the stock fell 0.98%.

The stock traded with a market price-to-earnings ratio of 25.05. It recorded a 52-week high of Rs 68.30 on July 16, 2025, while the 52-week low stood at Rs 38.19 on March 9, 2026.

Suzlon: Technical view and institutional participation

Chandan Taparia, Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services, said, “Low promoter holding alone is not a hurdle for institutional re-rating. Institutional investors generally focus more on earnings visibility, execution, corporate governance and liquidity than just promoter ownership.”

He added, “In Suzlon’s case, the recent surge in trading volumes, healthy delivery-based buying and its inclusion in the F&O segment indicate improving market depth and broader participation from both institutional and derivative market participants. While the delivery percentage has moderated to around 34-36%, it has come alongside significantly higher traded volumes and a rising stock price, suggesting wider participation rather than meaningful distribution.”

On derivatives, Taparia said, “The addition to the F&O segment is likely to improve liquidity and price discovery, although it may also lead to higher short-term volatility due to derivative trading. Overall, if the company continues to deliver strong execution and earnings growth, sustained institutional participation can support further re-rating despite the relatively low promoter holding.”

On the stock’s chart structure, he said, “Suzlon has witnessed a meaningful technical improvement after breaking out of a prolonged consolidation/falling channel structure, indicating a shift in long-term trend from corrective to constructive. The stock is trading above its key moving averages (20, 50, 100 and 200-week EMAs), reflecting improving price structure and strengthening medium-term momentum.”

Suzlon: Key levels to watch

The next question, then, is what’s a price point that investors can watch out for? Taparia believes, “the weekly RSI is sustaining above the 60 mark without entering an extreme overbought zone, suggesting that momentum remains supportive. As long as it holds above the Rs 55-50 support zone, the stock has the potential to move towards Rs 70– 75 over the medium term.”

Taparia also said, “From a fundamental perspective, the stock is trading at a premium valuation of around 38x–42x trailing P/E, which suggests that the market has already priced in a good part of the expected earnings growth. This leaves limited room for disappointment if execution slows or earnings fall short of expectations.”

He added, “For the rally to sustain beyond current levels, the company will need to continue delivering strong earnings, healthy order inflows, and consistent execution.”

Conclusion

India’s wind power pipeline offers a sizeable opportunity over the coming years, but the next phase for Suzlon will depend on how effectively it converts that demand into timely project execution and profitable growth. Alongside order inflows, manufacturing margins, recurring revenue from its operations and maintenance business, and execution across its integrated renewable energy platform are likely to remain key factors to watch.

Source: Financial Express 

Disclaimer: The stock performance, financial metrics, and technical or fundamental analyses mentioned in this article regarding Suzlon Energy are for informational purposes only.

03/07/26, Donald Trumps Wealth Saga

 

The President of the United States and his family pocketed a whopping $2.2 billion in his first year in the White House, a new filing shows.

The 927-page filing submitted to the Office of Government Ethics reveals that Trump’s business interests generated at least $2.2 billion in income in 2025, more than three times the minimum $622 million reported a year earlier. The biggest surprise is not the size of the earnings but where they came from.

The largest contributor to Trump’s income was no longer real estate or hospitality. Instead, cryptocurrency became the defining pillar of his financial empire, producing well over half of his reported earnings. 

Alongside that, his golf clubs continued to generate hundreds of millions, international licensing deals expanded into new markets, stock investments remained active and a collection of merchandise, books and entertainment ventures added millions more.

Crypto became the biggest money machine

Nothing in Trump’s latest disclosure comes close to the scale of his cryptocurrency earnings. The filing shows that Trump earned at least $1.4 billion from crypto-related businesses during 2025. This made digital assets by far the largest source of his reported income.

The biggest single figure anywhere in the disclosure is a royalty payment of more than $635 million generated by CIC Digital LLC. The company, which previously handled Trump’s NFT projects, now serves as the vehicle behind his memecoin business. Nearly all of that income came from royalties under a licensing agreement with Celebration Coins.

Another major contributor was World Liberty Financial, the crypto company backed by Trump, his sons and US diplomat Steven Witkoff. Trump’s business entity owns a 38.25% stake in the venture.

According to the filing, World Liberty Financial generated more than $594 million for Trump through multiple revenue streams. Token sales alone brought in over $236 million. An equity sale contributed another $65 million, however, several token distribution payments added more than $150 million. Separately, Trump also reported nearly $197 million from an equity sale involving Stablecoin Holdco.

The crypto ventures generated well over $1.2 billion, overtaking every traditional business the Trump Organization has spent decades building. 

World Liberty Financial emerged as a financial powerhouse

World Liberty Financial represents one of the fastest-growing businesses connected to the Trump family.

The crypto company sells the $WLFI digital token, with Trump’s business reportedly receiving 75% of every token sale after expenses are deducted. That structure ensured substantial revenue regardless of how the token performed in the market.

The disclosure shows Trump earned roughly half a billion dollars from World Liberty token sales during 2025, compared with about $57 million reported in the previous filing.

The company also attracted global investors. Earlier this year, an investment firm linked to the United Arab Emirates government purchased a significant stake in World Liberty Financial, raising questions over possible conflicts of interest because Trump simultaneously serves as president while maintaining financial interests in the crypto venture.

The disclosure references investments generating more than $200 million connected to the business, although it does not specifically identify the UAE transaction. 

The $TRUMP memecoin added another windfall

Trump’s personal memecoin became another enormous revenue generator. Launched only days before his inauguration, the novelty cryptocurrency earned Trump more than $600 million through sales, according to the disclosure. 

Although the value of the token later plunged sharply, falling nearly 80% from its peak and trading around $1.67, the decline in market price did little to change the enormous revenue already generated through its launch and licensing arrangements.

Real estate remained the backbone of the empire

Even though crypto stole the spotlight, Trump’s traditional real estate business continued to generate hundreds of millions of dollars. His extensive network of golf clubs, hotels, office buildings and private clubs remained one of the strongest income generators in the portfolio. Mar-a-Lago, the private club that also serves as Trump’s political headquarters, produced about $77.5 million in revenue during 2025, marking a 55% increase over the previous year’s filing.

Golf properties collectively generated nearly $399 million

Trump National Doral Miami remained one of the largest contributors, reporting about $122 million in revenue. Trump International Golf Club in Palm Beach generated roughly $36.9 million, Jupiter Golf Club contributed $31.6 million. Trump National Golf Club Washington DC reported nearly $25 million and Colts Neck in New Jersey brought in approximately $17.5 million.

International properties also posted healthy earnings. Trump’s Turnberry resort in Scotland generated more than £23 million from golf and hotel operations, while Trump International Golf Club Scotland added another £6.7 million.

The administrative arm of the Trump Organization reported over $30 million in income, while the Trump Corporation listed nearly $19 million in earnings with assets valued above $50 million. 

Overseas licensing deals 

The disclosure also reveals how Trump’s international branding business continued to grow. Rather than directly developing many overseas projects, the Trump Organization earned licensing fees by allowing developers to use the Trump brand on luxury properties.

New income flowed from projects in Bucharest, Doha and Abu Dhabi’s Al Raha Beach. Previously inactive entities connected to projects in Gurugram, Noida and Pune also generated fresh revenue during the year.

Across all international licensing ventures, Trump reported earning at least $26 million from newer real estate partnerships. Existing branding agreements in Saudi Arabia, Qatar, Vietnam, Romania, Turkey, Indonesia and India continued producing millions more.

Licensing deals in Saudi Arabia and Qatar alone reportedly generated over $14 million during the year, while Middle Eastern projects collectively contributed more than $35 million in revenue. 

Stocks and investments remained highly active

The filing reveals an extensive investment portfolio. Trump reported holding eight brokerage accounts containing thousands of individual investments spread across much of the American stock market.

The disclosure includes more than 680 pages detailing purchases and sales of equities. Technology companies featured prominently, with Microsoft, Nvidia, Apple, Amazon and Netflix among the most frequently traded stocks. Exxon Mobil also appeared repeatedly throughout the transactions.

Many holdings were relatively modest, but some investments in companies such as Microsoft, Nvidia and Apple were valued within the disclosure’s $1 million to $5 million reporting range.

According to New York Times, by the end of 2025, Trump reported investment assets worth at least $857 million, up sharply from the minimum $236 million disclosed the previous year. The filing also includes holdings in corporate bonds and exchange-traded funds, giving the portfolio characteristics similar to a broadly diversified index fund. 

Trump Media remained a major source of wealth

The disclosure also shows Trump’s enormous stake in Trump Media & Technology Group.The filing lists 114.75 million shares held through the Donald J. Trump Revocable Trust.

Government disclosure rules cap reported values at “over $50 million,” making it impossible to determine the exact worth from the filing alone. However, separate public filings indicate that the stake is worth roughly $875 million, making it one of the largest components of Trump’s overall wealth despite fluctuations in the company’s stock price. 

Branding, merchandise and books continued generating millions

Even outside crypto and real estate, Trump’s personal brand continued producing steady income. A licensing agreement for Trump Watches generated about $4.7 million after being omitted from an earlier disclosure.

His Trump Sneakers and Fragrances venture added tens of thousands of dollars, while a licensing agreement connected to the “45” guitar brought in additional royalties.

Trump also continued earning from several books

Save America generated nearly $1.9 million in royalties. Letters to Trump earned almost $591,000, while A MAGA Journey contributed over $552,000. The Greenwood Bible added another $208,000.

These businesses individually represent only a fraction of Trump’s overall earnings, but together they demonstrate how his personal brand continues to produce revenue across multiple industries. 

Melania Trump’s businesses added millions more

The disclosure also includes financial information relating to First Lady Melania Trump. Her licensing business reported approximately $10.7 million in proceeds from a documentary film titled Melania. NFT and collectibles licensing generated another $6 million, while book royalties from publisher Skyhorse exceeded half a million dollars.

A Slovenian real estate company connected to Melania Trump also reported capital gains ranging between $100,001 and $1 million. 

Legal settlements and liabilities reshaped the balance sheet

The filing also provides insight into Trump’s financial obligations. He continues to owe more than $50 million connected to judgments secured by writer E. Jean Carroll.

Large mortgages remain on Trump Tower and Trump National Doral, alongside a Charles Schwab pledged-asset credit facility exceeding $50 million.

The disclosure also explains settlement payments Trump received from major media and technology companies including ABC News, Paramount and Meta following lawsuits filed against them. 

Source: Financial Express

03/07/26, Share Market Today

 The global markets are mixed as investors across the globe continued selling chip-making stocks. Crude oil prices were trading near the $70 a barrel mark. In fact, in June, crude posted its biggest monthly decline since March 2020. Following this, the GIFT Nifty is indicating a higher start for Indian markets, up 112 points or 0.46%. 

Earlier on Thursday, the Nifty 50 closed the session 169.85 points or 0.71% higher at 24,175.70, while the BSE Sensex surged 579.48 points or 0.75% to close at 77,502.12. 

Key global and domestic cues to know on July 03, 2026

Asian Markets

Asia-Pacific markets opened Friday’s trade on a mixed note as investors continued rotating out of technology stocks, tracking overnight declines on Wall Street. Japan’s benchmark Nikkei 225 was down 0.86% at the open, while the Topix was up 0.34%. South Korea’s Kospi rose 0.97%, and the Kosdaq Index declined 1.12%. Futures for Hong Kong’s Hang Seng index stood at 23,061, slightly higher than its last close of 23,055.03.

US indices

On Thursday, US markets closed mixed, with the Dow Jones ending at a record high, while weakness in semiconductor stocks pulled down the Nasdaq. The Dow Jones Industrial Average added 594.83 points, or 1.14%, for a record close of 52,900.07. The S&P 500 rose less than 1 point to end at 7,483.24, while the Nasdaq dropped 0.8% to 25,832.67.

Crude oil

West Texas Intermediate (WTI) crude futures were trading 0.39% lower at $68.42 per barrel. On the other hand, Brent crude futures with August delivery were trading at $71.55, below the psychologically important level of $75. On COMEX, crude prices declined 0.39% to trade at $68.42 a barrel.

Gold rate today

On COMEX, the precious metal was trading at $4,151.80 an ounce, up 0.63%.

The rate for 24-carat gold today is Rs 1,45,900 per 10 grams. The price of gold has fallen 0.93% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,45,650 per 10 grams. The 18-carat gold price today in India is Rs 1,09,425. The 24-carat gold rate in Dubai today is Rs 1,49,590. 

Silver rate today

On COMEX, Silver prices traded 1.12% higher at $61.75 per troy ounce. This is after prices hit their 2026 lows in the previous session.

In India, the silver rate advanced 1.35%% to Rs 2.32 lakh per kilogram.

Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

FII, DII data

Foreign institutional investors (FIIs) were net sellers of shares worth Rs 311.82 crore. On the other hand, the Domestic institutional investors (DIIs) were the net buyers of shares worth Rs 1,784.40 crore on July 02, 2026, according to the provisional data available on the NSE.

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.13% higher at 100.98. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.15% to close at 95.39 to the dollar on July 02.

Top sectors in Thursday’s trade

The Information Technology sector’s stocks increased the most in Thursday’s trade, rising 3.5% in market capitalisation. Further, Glass stocks were followed by the Tyre sector stocks, which were further followed by the Ethanol stocks. However, the Aquaculture sector stocks fell the most, declining 1.7%.

Source: Financial Express

02/07/26, India's Manufacturing Growth

India’s manufacturing sector activity growth eased in June as demand moderated and export orders weakened. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to 54.2 in June from 55.0 in May. The June reading marked the second-weakest improvement in manufacturing health since mid-2022, though it remained above the long-run average.

The HSBC India Manufacturing PMI is a gauge of overall conditions derived from measures of new orders, output, employment, supplier delivery times and stocks of purchases.

In the PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Output, exports and hiring lose momentum

Rates of increase in both output and new orders were the weakest seen in four years. The survey noted that several firms reported an improvement in demand conditions, but others noted subdued client appetite for their products and fierce market competition.

“India’s manufacturing PMI eased to 54.2 in June from 55.0 in May, signalling continued expansion but at a slower pace. The moderation suggests demand has cooled slightly after the earlier surge linked to the Middle East conflict. Growth slowed across output, new orders, export orders and employment, with international sales recording their weakest increase since March 2023,” Pranjul Bhandari, Chief India Economist at HSBC, said.

Export demand growth slows to 39-month low

International demand for Indian goods continued to improve in June, but the pace of growth was modest and the weakest in 39 months amid reports of subdued sales to some European markets.

On the price front, with demand growth fading, goods producers became more reluctant to lift their fees. Output charges rose to a moderate degree that was the least pronounced in three months. “… Both the input and output price indices declined, pointing to softer inflation pressures as geopolitical disruptions begin receding,” Bhandari said.

Factory hiring growth hits weakest pace of 2026 so far

On the job front, stable workloads and a lack of demand pressure led businesses to pause or scale back hiring. A general absence of capacity pressures restricted recruitment activity at the end of the first fiscal quarter. “Backlogs of work were broadly unchanged, and employment expanded at the weakest rate in 2026 so far,” the survey noted. Meanwhile, investor and business confidence dampened in June on concerns over demand and market conditions.

The proportion of firms forecasting output growth in the year ahead halved since May, with a large share of manufacturers signalling neutral expectations, the survey said, adding that the overall degree of optimism retreated to a five-month low.

The HSBC India Manufacturing PMI is compiled by S&P Global from responses to questionnaires sent to purchasing managers in a panel of around 400 manufacturers.

Source: Financial Express

01/07/26, PostMarket Report by Sparsh Bansal

Nifty 50, Sensex today at close: The benchmark indices ended on a firm note, with the Sensex advancing 443.97 points (0.58%) to close at 76,922.64, while the Nifty climbed 140.10 points (0.59%) to settle at 24,005.85.

Eternal surged 5.89% to emerge as the top Nifty gainer, followed by Asian Paints (3.13%), Hindustan Unilever (2.74%), Mahindra & Mahindra (2.05%) and Adani Ports (1.96%).

Nifty 50, Sensex today at 3:00 PM: In late trade, the benchmark indices continued to trade steadily in positive territory. The Sensex was up 561.37 points, or 0.73%, at 77,040.04, while the Nifty gained 155.50 points, or 0.65%, to 24,021.25.

At this hour, buying interest was strongest in Eternal, which rose 5.25%, followed by Asian Paints (2.97%), Hindustan Unilever (2.93%), Adani Ports (2.25%) and SBI (2.11%). On the other hand, Tech Mahindra led the losers with a 3.18% decline, followed by HCLTech (3.16%), TCS (2.26%) and Tata Steel (1.33%).

Nifty 50, Sensex today at open: Indian equity markets opened Wednesday’s trade on a higher note, following its Asian peers. The Nifty 50 opened 48 points or 0.20% higher at 23,913.55, while the BSE Sensex surged 169 points or 0.22% to open at 76,647.80.

Mahindra & Mahindra, Titan, Eternal, Nestle India, and UltraTech Cement were the top five gainers in the Nifty 50.

Share market today ahead of opening, July 01: The global markets are trading mixed as the geopolitical uncertainties are easing. Crude oil prices remained under the $75 a barrel mark. In fact, in June, crude posted its biggest monthly decline since March 2020. Following this, the GIFT Nifty is indicating a subdued start for Indian markets, down 12 points or 0.05%.  

Earlier on Tuesday, the Nifty 50 closed the session 81 points or 0.34% lower at 23,865.75, while the Sensex declined 250 points or 0.33% to close at 76,478.67. 

Key global and domestic cues to know on July 01, 2026

Asian Markets

Asia-Pacific markets opened Wednesday’s trade on a majorly on a higher note. Japan’s Nikkei 225 rose 1.79%, while the broader Topix gained 1.07%. South Korea’s Kospi advanced 1.52%, but the small-cap Kosdaq fell 0.42%. Futures for Hong Kong’s Hang Seng index stood at 22,990, higher than its last close of 22,881.02.

US indices

The future contracts tied to the US benchmarks were trading on a lower note. Futures tied to the Dow Jones Industrial Average fell 83 points, or 0.2%. S&P 500 futures and Nasdaq 100 futures were trading around the flatline.

On Tuesday, US markets closed higher as the geopolitical steam is cooling off. The Dow Jones added 136.46 points, or 0.26%. The S&P 500 gained 0.79%, while the technology-heavy Nasdaq Composite jumped 1.52%.

Crude oil

West Texas Intermediate (WTI) crude futures were trading 0.81% higher at $70.06 per barrel. On the other hand, Brent crude futures with August delivery were trading at $72.92, below the psychologically important level of $75. On COMEX, crude prices declined 0.79% to trade at $70.05 a barrel.

Gold rate today

On COMEX, the precious metal was trading at $4,010.90 an ounce, down 0.68%.

The rate for 24-carat gold today is Rs 1,42,700 per 10 grams. The price of gold has fallen 0.11% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,42,450 per 10 grams. The 18-carat gold price today in India is Rs 1,07,025. The 24-carat gold rate in Dubai today is Rs 1,49,590. 

Silver rate today

On COMEX, Silver prices traded 1.78% lower at $58.42 per troy ounce. This is after prices hit their 2026 lows in the previous session.

In India, the silver rate jumped 2.2%% to Rs 2.28 lakh per kilogram.

Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

FII, DII data

Foreign institutional investors (FIIs) were net sellers of shares worth Rs 2,556.75 crore. On the other hand, the Domestic institutional investors (DIIs) were the net buyers of shares worth Rs 6,842.34 crore on June 30, 2026, according to the provisional data available on the NSE.

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.14% higher at 101.30. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.12% to close at 94.66 to the dollar on June 30.

Source: Financial Express 

01/07/26, Advit Jewels IPO

Advit Jewels shares hit the 5 percent lower circuit on Wednesday as investors booked profits after the stock made a strong debut on the exchanges earlier in the day.

The stock listed at Rs 187 per share on the BSE, a premium of 35.5 percent over its issue price of Rs 138. On the NSE, it debuted at Rs 188.90, up 36.88 percent. The company's market valuation stood at Rs 814.27 crore.

However, profit-booking emerged soon after listing, dragging the stock to its 5 percent lower circuit limit at Rs 179.46.

Commenting on the listing, Shivani Nyati, Head of Wealth at Swastika Investmart, said Advit Jewels delivered a strong market debut, supported by robust financial growth.

"The company has nearly tripled its revenue over the last two years, maintained stable EBITDA margins of around 29-30 percent, and reported a return on net worth (RoNW) of 43.6 percent, which partly justifies its premium valuation. However, Advit Jewels remains a relatively small and young company with limited geographic diversification, making the stock susceptible to volatility in the near term," she said.

Nyati said investors who received allotment in the IPO may continue to hold the stock from a short- to medium-term perspective, while short-term traders may consider booking partial or full profits after the sharp listing gains. Fresh investors should wait for one or two quarterly results before taking meaningful exposure, she added. She suggested a stop-loss at Rs 165 on a closing basis.

The Rs 165.16-crore initial public offering of Advit Jewels was subscribed 212.63 times on the final day of bidding last week. The IPO was priced in the range of Rs 130-138 per share.

Meanwhile, shares of Waterways Leisure Tourism, which operates Cordelia Cruises, extended their listing losses after debuting at a discount on Wednesday.

The stock opened at Rs 690 on the BSE, down 14.60 percent from its issue price of Rs 808. On the NSE, it listed at Rs 681, a discount of 15.71 percent.

Nyati said Waterways Leisure Tourism had a weak market debut, reflecting investor concerns over valuations and business risks.

"EBITDA margins have moderated in recent periods, while the business remains exposed to fuel price volatility, occupancy fluctuations and operational risks. Given its valuation of around 101 times price-to-earnings, the IPO offered limited margin of safety despite favourable industry tailwinds," she said.

She said investors who were allotted shares may continue to hold them with a long-term perspective, while fresh investors should wait for better earnings visibility and more attractive entry levels. Her view on the stock remains neutral, with a stop-loss at Rs 640 on a closing basis.

The Rs 585-crore IPO of Waterways Leisure Tourism was subscribed 1.46 times on the final day of bidding last week. The issue was priced in the range of Rs 769-808 per share.

Source:Network18

30/06/26, water scarcity in India creates Rs20Lakh crores investment opportunity

 https://www.lokmattimes.com/business/indias-water-deficit-creates-rs-20-lakh-crore-investment-opportunity-by-2030/

30/06/26, $762.80 Debt

India's total external debt stood at $762.8 billion at the end of March 2026, registering an increase of $26.3 billion over the year-ago period, according to the RBI data released on Monday.

Valuation effect due to the appreciation of the US dollar vis-à-vis the Indian rupee and other major currencies amounted to USD 24.6 billion, according to the data on 'India's External Debt as at the end of March 2026'.

"Excluding the valuation effect, external debt would have increased by $51 billion instead of $26.3 billion at end-March 2026 over end-March 2025," the Reserve Bank of India said.

The central bank also said that the external debt to GDP ratio increased to 20.8 per cent at end-March 2026 from 19.8 per cent during the corresponding period a year ago.

At the end of March 2026, RBI said, long-term debt (with original maturity of above one year) stood at USD 613.5 billion, recording an increase of $11.6 billion over its level at end-March 2025.

"The share of short-term debt (with original maturity of up to one year) in total external debt increased to 19.6 per cent at end-March 2026 from 18.3 per cent at end-March 2025," it said.

Similarly, the ratio of short-term debt (original maturity) to foreign exchange reserves increased to 21.6 per cent at end-March 2026 from 20.1 per cent at end-March 2025.

US dollar-denominated debt remained the largest component of India's external debt, with a share of 55.5 per cent at end-March 2026, followed by debt denominated in the Indian rupee (29.4 per cent), yen (6.4 per cent), SDR2 (4.3 per cent) and euro (3.7 per cent).

RBI further said outstanding debt of the general government decreased, while non-government debt increased at end-March 2026 over the level a year ago.

Loans remained the largest component of external debt, with a share of 34.7 per cent, followed by currency and deposits (22.3 per cent), trade credit and advances (19 per cent) and debt securities (16.1 per cent).

Report  by PTI

29/06/26, Intraday Market News

Stock benchmarks Sensex and Nifty declined from day's high to trade in the red on June 29 due to various reasons, including fall in auto, IT shares. Sensex fell 600 points from day's high while Nifty was trading below the psychologically important 24,000-mark.

At 12:42 pm, the Sensex was down 449.86 points or 0.58% at 76,650.61, and the Nifty was down 119.25 points or 0.5% at 23,936.75. About 1,435 shares advanced, 2,402 shares declined, and 178 shares were unchanged.

Sectoral indices showed a mixed performance, with the Nifty Pharma and Nifty Healthcare gaining the most, up almost 2% each. On the other hand, Nifty Auto was the biggest laggard, down 1%. The Nifty IT and Nifty Media logged losses of around 1% each.

Dr. Reddy's Laboratories continued to be the top gainer in the 50-stock index, up over 4%. Cipla and Sun Pharmaceutical Industries were up 2–3%. Healthcare stocks Max Healthcare Institute and Apollo Hospitals Enterprise gained 1.2–2.5%. Torrent Pharmaceuticals and Glenmark Pharmaceuticals rose nearly 3% each in the Nifty 200 index. Zydus Wellness was up nearly 6% in the Nifty 500 index.

Key reasons behind market decline

1) Profit booking

Analysts said while easing geopolitical tensions and stable crude prices supported sentiment, the recent rally left little room for fresh gains.

Nine of the 16 major sectors logged losses. The broader small-caps and mid-caps shed 0.3% and 0.1%, respectively.

The equity benchmarks logged a third straight weekly gain on Thursday, their longest winning streak in seven months, as crude oil prices fell to pre-Iran-war levels and recent measures to support the rupee and attract overseas inflows lifted sentiment.

2) Fall in IT, auto shares

Select information technology and automobile stocks were major drags on the Nifty 50 index. Eicher Motors, Mahindra & Mahindra, Tata Motors Passenger Vehicles, and Bajaj Auto fell 1.1–1.8%. IT stocks Tata Consultancy Services and Infosys were down nearly 1% each.

IT index fell over 1, dragged by a 10% slide in Persistent Systems after it announced a voluntary public takeover offer to acquire Munich-headquartered digital engineering firm Nagarro SE.

Multiple brokerages flagged rich valuations, debt-funded leverage, integration risks and growth uncertainty around the deal.

3) Technical reason

Analysts said Nifty has to decisively cross 24,100 for markets to trade higher.

"For bulls to regain control, the index needs to decisively close above Thursday's high of 24,262, which could pave the way for a move toward the upper Bollinger Band near 24,365. On the downside, 24,000 and 23,800 remain crucial support levels, and holding above these zones is essential to maintain the positive undertone," said Axis Securities.

4) VIX rises 6%

India VIX, the volatility gauge, rose over 6% to trade at 13.88. Rise in VIX suggests short-term volatility is possible in the markets.

Report by J. Jagannath, Network18

29/06/26, Mahindra&Mahindra Finance

 

29/06/26, BIZnews

 ·       India: Cabinet reshuffle likely soon (details awaited)

·       Trump says Iran violated ceasefire with drone attacks on Strait of Hormuz ships

·       Oil falls below $70/bl - lowest level since before Iran war

·       Dollar Index falls post USA inflation data; Gold & Silver move higher

 

*Stocks To Watch*

1.      IIFL Finance gets new CFO from Bajaj Finance, Bajaj Housing Finance, Hinduja Leyland Finance, and PwC + enabling resolution to raise upto Rs 10,000 crore

2.      Haitong India initiate coverage on Northern ARC with TP of Rs 385 (implying 1.2x FY28 P/BV), 34% upside from CMP

3.      All big names enter Tanfac QIP: Ashish Kacholia, Motilal Oswal MF, Niveshay, Malabar India Fund

4.      Adani Energy: Board to consider fundraising via equity on July 1

5.      HDFC Bank update: No evidence supporting former chairman Atanu Chakraborty’s allegations

6.      Kotak Bank CEO Vaswani to step down for personal reasons

7.      Auto Stocks will be focus ahead of monthly sales data

 

*TURN-TURN-TURN-INDIA’S TURN IS COMING SOON*

 

 Everyone around the world is obsessed with Korean/ Taiwan and stocks like Hynix, Samsung Electronics, Micron & Kioxia. No doubt, this is a super cycle going for some of these names – evident from Apple increasing prices by 15-25% for the first time ever. This is a never-seen-commodity-bull-cycle for memory tech hardware businesses. But do remember the craze: Micron is officially the most traded stock in the US. Daily turnover in Micron stock surpassed $70 billion (wowowowow) for the first time, making it the most traded stock in the US. It is crazy that the entire world wants to ride & trade only 4-5 stocks. Crazy.

 

Retail chases momentum & news. Since April, US gold and Bitcoin ETFs have posted -$12 billion in cumulative outflows. Over the same period, US semiconductor ETFs have attracted +$20 billion in cumulative inflows. Saw the same earlier with Bitcoin & many tech stocks in USA.

 

It is all about cycles and mean reversion. Google is up 6%, NVIDIA Corp stock is up 2%, Palantir Tech down 40%, Oracle down 24%, Tesla down 20%, Microsoft Corp is down 23% during the last 6-months. They all were darlings 1 year back. And now no one wants them at all.

 

But at the same time – we cannot forget what’s happening in India especially post-free crude oil fall. Just imagine: India’s banks credit growth in India is back above 18% at 10- YEAR-HIGH. This is not a small sign but an indication of growth to come across sectors. Some financials stocks & NBFCs will show 25-30% growth in top line and still trade less than 1.5x PB.

 

Brokers are coming back & now noticing India. Goldman has raised India’s CY26 growth forecast by 0.3pp to 6.8% yoy & lowered headline inflation forecast for CY26 and FY27 by 0.2pp and 0.3pp to 4.4% yoy and 4.9% yoy. Also, Citi has also raised FY27 GDP at 6.9% vs 6.6% earlier & lowered FY27 CPI at 4.7% vs 4.9% earlier. Also, Citi says no rate hikes in FY27!

 

  Extremely bullish on individual stocks in India and searching for strong names with reasonable valuations.

 

 RBL Bank which is a re-rating candidate as RoA orbits from 0.5% to 1.5%. This kind of pedigree stock can trade at 2x as well with ROA closer to 2% in next 2-3 years.

 

FIIs will have to come back to India with macro stabilizing and turning with every passing day.  cannot believe that trillion of dollars will chase ONLY 4-5 stocks worldwide and ignore 7% GDP growth in India and cos with 25-35% growth with 1-1.5x PB.

29/06/26, PreMarket information

 Developments on the geopolitical front, particularly the latest military exchanges involving the US and Iran, their impact on crude oil prices, and key domestic macroeconomic data releases are expected to drive stock market sentiment this week.

Besides, trading activity of foreign investors and the progress of the southwest monsoon will also remain in focus.

Here are the 10 key factors to watch

1) US-Iran tensions: Iran launched drone and missile attacks targeting Bahrain and Kuwait in response to US airstrikes on the Islamic Republic and warned that negotiations to end the conflict could come to a "complete halt" if Washington continues its attacks. . Efforts to. reopen the Strait of Hormuz without Iran's direct oversight have intensified tensions in the region.  In recent days, Tehran has twice attacked vessels using a route on theOmani side of the strait backed by a United Nations agency.

Indian benchmark indices are likely to open on a muted note on June 29, mirroring a largely flat trend in GIFT Nifty, which was trading around 24,094.50 in early trade.

Indian benchmark indices extended the winning streak on the second consecutive

 day with Nifty reclaiming 24,250, hitting

 more than a one-month high aided by easing

 crude oil prices and buying seen in the auto,

 FMCG, realty stocks. However, selling in

 metal, IT, oil & gas names limit the gains.

At close, the Sensex was up 109.25 points or 0.14 percent at 77,100.47, and the Nifty was up 34.35 points or 0.14 percent at 24,056.

Here is how financial markets across the globe fared overnight:

GIFT Nifty (Flat)

GIFT Nifty is trading flat at around 24,094.50, indicating a flat opening for the domestic benchmark indices.

Asian Equities (Mixed)

MSCI's Asia Pacific share benchmark, however, retreated 0.5% with technology stocks remaining under pressure.

South Korea's Kospi index, the world's best-performing major stocks gauge this year, fell 1% ahead of Monday's planned unveiling of a sweeping growth strategy.

US equities (Down)

The S&P 500 ended marginally lower on Friday, with a steep drop in AI-related chip stocks and sharp gains ​in Moderna and other healthcare stocks.

The S&P 500 declined 0.05% to end the session at 7,353.95 points. The Nasdaq declined 0.24% to 25,297.62 points, while the Dow Jones Industrial Average declined 0.09% to 51,876.11 points.

Dollar Index (Flat)

The dollar was little changed against its major peers in the early trade on Monday.

US Bond Yield (Up)

The yield on 10-year Treasuries gained more than one basis point to 4.38%, while yield on 2-year Treasuries was up 1 basis point at 4.10%.

Asian Currencies (Mixed)

Asian currencies traded mixed against the US dollar, reflecting cautious sentiment across regional markets. The Malaysian Ringgit emerged as the top performer, appreciating 0.289%, followed by the Indonesian Rupiah, which gained 0.117%. The Taiwan Dollar and Philippine Peso also posted modest gains of 0.038% and 0.026%, respectively.

On the other hand, the South Korean Won was the weakest currency in the region, declining 0.338% from the previous close. The Thai Baht also weakened by 0.126%, while the Chinese Renminbi, Singapore Dollar, and Japanese Yen recorded marginal losses of 0.044%, 0.039%, and 0.019%, respectively.

Crude (Down)

Oil pared early gains after the US and Iran agreed to stop attacking each other, following flare-ups over the weekend that saw an oil supertanker hit near the Strait of Hormuz.

Gold (Slips)

Gold declined to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire that had last week seen energy prices fall to pre-war levels and tempered expectations for an interest-rate hike.

Fund Flow Action

On June 25, Foreign Institutional Investors (FIIs) bought equities worth Rs 383 crore, while Domestic Institutional Investors (DIIs) purchased shares worth Rs 5,747 crore.

Hope you're all set for today's trade. We wish you a profitable day ahead.

Source:Moneycontrol, Network18 

Disclaimer: The views and investment tips expressed by investment experts are their own and not those of us. We advise readers to check with certified experts before taking any investment decisions.