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NMDC reached a new 52-week high following strong May 2026 production growth, record iron ore sales, and robust Q4 FY26 earnings. Backed by higher realizations, healthy profitability, and a long-term expansion roadmap targeting 100 million tonnes of production capacity by 2030, the company continues to strengthen its position as India's leading iron ore producer.

Infosys has partnered with Handelsblatt Media Group to launch Editorial Link Intelligence (ELI), an AI-powered editorial engine built on Infosys Aster. The solution enhances content discovery, improves editorial workflows, and serves as another production-scale proof point of Infosys' growing enterprise AI capabilities.

South Korea's stock market capitalization has surpassed India's for the first time, fueled by a massive AI-driven rally in semiconductor giants Samsung Electronics and SK Hynix. While Korea benefits from global demand for AI infrastructure and corporate governance reforms, India's long-term investment story remains anchored in economic growth, rising incomes, and domestic consumption.

India's proposed acquisition of 114 Rafale fighter jets could create a massive opportunity for domestic defence suppliers. Data Patterns and Azad Engineering are attracting investor interest as the market anticipates significant localization, aerospace manufacturing, and defence electronics opportunities under the Make in India initiative.

India has launched a strategic review of 500 heavily imported products, ranging from semiconductors and chemicals to aviation components and carbon fibres. The initiative aims to identify sectors where domestic manufacturing can be expanded, reducing import dependence while strengthening supply chains, creating jobs, attracting investment, and enhancing India's long-term industrial competitiveness. The outcome could shape the next phase of India's manufacturing and economic growth story.

OYO's parent company Prism has secured SEBI approval for its proposed ₹6,650 crore IPO. With no OFS component, improving profitability, expansion into premium hospitality and holiday homes, and a potential $7 billion valuation, the offering is emerging as one of India's most closely watched startup listings.

Indian IT stocks have surged as investors bet on accelerating AI spending, resilient global technology demand, potential US Federal Reserve rate cuts, and attractive valuations after a sharp correction. Here's what's driving the sector's recovery and what investors should watch next.

Hindustan Unilever (HUL) has inaugurated the Unilever Fragrance Hub in Mumbai, making India a key center for global fragrance innovation. The AI-powered facility is expected to accelerate product development, support premiumization, and strengthen HUL's long-term growth strategy.

Indian benchmark indices rebounded on June 2, 2026, ending a four-session losing streak as a powerful rally in IT stocks lifted market sentiment. Nifty IT surged over 4%, supported by AI-driven growth expectations, positive global technology cues, and strong buying in large-cap tech stocks such as TCS, Infosys, and HCL Technologies. While consumer sectors also advanced, banking and financial stocks remained under pressure amid concerns over rising crude oil prices and inflation risks.

Coforge has unveiled the Nexa Agentic AI Platform, an AI-driven insurance operations solution designed to help insurers improve efficiency, accelerate product launches, modernize legacy systems, and reduce costs. The launch marks a significant step in Coforge's transformation into an AI-native technology company.