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GIFT Nifty suggests flat opening for equities amid renewed Middle East tensions

Mumbai, June 4 -- GIFT Nifty: The GIFT Nifty June 2026 futures currently traded 6.50 points higher, suggesting a muted opening for the benchmark index today. Institutional Flows: Foreign portfolio ... Read More


Economic Buzz: US factory orders up 4.8% in April

Mumbai, June 4 -- New orders for manufactured goods in the United States stood at $662.7 billion in April, rising 4.8% month-over-month, data from the US Census Bureau showed on Wednesday. Shipments ... Read More


Economic Buzz: US private sector growth slows in May

Mumbai, June 4 -- The latest S&P Global PMI survey shows US private sector activity expanded only marginally in May, with rising fuel and energy costs weighing on growth. The headline US Services PMI ... Read More


BHEL inks contract with Dangote for gas turbine generator packages

Mumbai, June 4 -- The contract, valued between Rs 2,000 crore and Rs 2,500 crore, involves the design, manufacture, supply up to Mumbai Port, supervision of erection and commissioning, and performance... Read More


Stock Alert: IEX, JBM Auto, Skipper, NBCC, Texmaco Rail & Engineering, Karnataka Bank

Mumbai, June 4 -- Securities in F&O Ban: Amber Enterprises India and Kaynes Technology India shares are banned from F&O trading on 4 June 2026. Indian Energy Exchange (IEX) reported an 18.6% year-on... Read More


CG Power & Industrial Solutions commissions EHV switchgear manufacturing unit in Nashik

Mumbai, June 4 -- CG Power & Industrial Solutions announced the commissioning of its extra high voltage (EHV) switchgear manufacturing facility, S3 Unit-II, in Pimpalgaon Garudeshwar, Nashik, Maharash... Read More


Aurobindo Pharma receives USFDA approval for Tofacitinib Tablets

Mumbai, June 4 -- Aurobindo Pharma has received a final approval from the US Food & Drug Administration (USFDA) to manufacture and market Tofacitinib Tablets, 5 mg and 10 mg, which is bioequivalent a... Read More


JK Lakshmi Cement board approves acquisition of 26% in solar power entity

Mumbai, June 4 -- The board of JK Lakshmi Cement at its meeting held on 04 June 2026 has approved investment of 26% in equity shares of Special Purpose Vehicles (SPVs) i.e. DynoSpark and Elevate Solar... Read More


Avenue Supermarts allots 66,365 equity shares under ESOS

Mumbai, June 4 -- Avenue Supermarts has allotted 66,365 equity shares under ESOS on 04 June 2026. With this allotment, the paid up equity share capital has increased to Rs. 6,522,301,570/- divided int... Read More


Fedbank Financial Services allots 1.88 lakh equity shares under ESOS

Mumbai, June 4 -- Fedbank Financial Services has allotted 1,88,719 equity shares under ESOS on 04 June 2026. With this allotment, the paid up equity share capital has increased to Rs. 3,74,51,14,450/-... Read More