Alcohol stocks rallied up to 7% after Karnataka announced major policy changes in its state budget. The government will no longer control liquor prices and has introduced alco-beer tourism, opening new growth opportunities for alcohol companies.
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The change is aimed at simplifying the investment process for overseas based Indians and improving ease of access to India’s domestic capital markets.
According to the Finance Minister, the Bio Pharma Shakti initiative is designed to support research, manufacturing capacity, innovation, and scale across the bio pharma value chain.
The EBITDA margin was better at 78% against 72.6% during the same quarter last year, reflecting better operational efficiency.
This comes under the overall vision of the government in making India a great sporting nation and motivating youth talent with better infrastructure and training facilities.
In the Union Budget 2025, the Finance Minister has made following key announcements for Education, Healthcare, and Infrastructure sectors:
The Finance Minister stated that there will be no income-tax for individuals earning up to ₹12 Lakh annually.
Japan's Nikkei crossed the 68,000 mark for the first time, fueled by strong AI and semiconductor-related buying, while regional markets remained resilient despite escalating US-Iran tensions and rising crude oil prices. For India, elevated energy costs and Hormuz-related supply risks continue to pose challenges, even as the global AI investment cycle supports opportunities for the technology sector.
Indian benchmark indices ended in the red on June 3, 2026, dragged by a sharp sell-off in IT stocks after recent AI-driven gains. Rising crude oil prices, US-Iran tensions, FII outflows, and caution ahead of the RBI policy meeting weighed on sentiment. However, banking stocks outperformed, helping Bank Nifty close nearly 1% higher.
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.
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.
Japan's Nikkei crossed the 68,000 mark for the first time, fueled by strong AI and semiconductor-related buying, while regional markets remained resilient despite escalating US-Iran tensions and rising crude oil prices. For India, elevated energy costs and Hormuz-related supply risks continue to pose challenges, even as the global AI investment cycle supports opportunities for the technology sector.
Indian benchmark indices ended in the red on June 3, 2026, dragged by a sharp sell-off in IT stocks after recent AI-driven gains. Rising crude oil prices, US-Iran tensions, FII outflows, and caution ahead of the RBI policy meeting weighed on sentiment. However, banking stocks outperformed, helping Bank Nifty close nearly 1% higher.
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.
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.
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