Foreign investors poured a record amount into Indian government bonds in June following the Centre's decision to remove taxes on capital gains and interest income earned by overseas investors.
The initial public offering (IPO) of Knack Packaging Ltd. opened for public subscription on Wednesday, July 1, marking another significant offering in India's active primary market.
Advit Jewels Ltd., the Jaipur-based fine jewellery manufacturer behind the renowned 'Rambhajo' brand, made an impressive debut on the stock exchanges on Wednesday, rewarding IPO investors with strong listing gains.
Shares of Waterways Leisure Tourism Ltd., the company behind India's premium cruise brand Cordelia Cruises, made a disappointing debut on the stock exchanges on Wednesday.
The Indian rupee weakened by 19 paise against the US dollar in early trade on Wednesday as persistent strength in the US currency, continued foreign institutional investor (FII) outflows.
Shares of KPIT Technologies Ltd. plunged as much as 15% during Wednesday's trading session after the automotive software and engineering company issued a weaker-than-expected business update for the first quarter of FY27.
The southwest monsoon has continued its steady advance across central and northern India, raising hopes for a strong agricultural season while bringing widespread rainfall to several states.
Shares of VA Tech Wabag Ltd. surged over 4% in Wednesday's trading session after the company announced a significant international order from Austria, reinforcing investor confidence in its business outlook.
Gold and Silver Exchange Traded Funds (ETFs) came under selling pressure on Wednesday as international bullion prices continued their downward trajectory.