News Overview

After 100 bps repo rate cut since Feb-25, minutes suggests MPC now needs a good reason to cut rates

The surge followed U.S. airstrikes on Iran’s nuclear facilities over the weekend, an operation coordinated alongside Israel, as tensions in the region intensified.

Large Caps Recover Amidst Selective Buying

On June 20, Indian equity indices ended on strong note.

Here are some of the stocks that may see significant price movement today.: Hindustan Aeronautics, BEL, Waaree Renewable, etc.

JSW Energy had previously acquired KSK Mahanadi Power, a 3,600 MW thermal power project for ₹16,084 crore through insolvency proceedings in March.

GMM Pfaudler indicated that this deal could contribute meaningfully to its topline across the execution timeline.

According to Emcure, the deal was cleared by its board and will be settled in cash. The payments may happen in one or more parts, depending on the closure timeline.

The project falls under the Agra Water Supply Re-Organization Scheme for the Trans Yamuna Zone-I & II (Package 1), aimed at enhancing the city’s drinking water infrastructure.

Dilip Buildcon said the entire contract is expected to be completed over a span of 48 months.