Published on 06/06/2025 06:57 AM
Indian Renewable Energy Development Agency (IREDA) initiates a ₹4,500 crore Qualified Institutional Placement (QIP); here’s a look at the current shareholders.
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ZF Commercial Vehicle Control Systems India Block: Promoter plans to offload a 3.13% stake through a block deal valued at ₹720 crore.
The floor price is fixed at ₹12,000 per share, representing a 10% discount to the current market price (CMP).
#CNBCTV18Market | #GIFTNifty flat, indicates a muted start for the Indian market pic.twitter.com/UYVUin49cC
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Rate Cut | Most analysts predict that the RBI will cut rates again, citing persistently low inflation and weaker economic growth. Inflation remains below the 4% target, and first-quarter growth may miss forecasts, pressuring the inflation-targeting central bank to act. Around 90% of respondents expect a 25-basis-point cut, lowering the repo rate from 6% to 5.75%.
Key Stocks in Focus Today: Bajaj Finserv, IndusInd Bank, Zinka Logistics, Praj Industries & Others
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