Stock News

Indian equities ended higher as sentiment improved. Investors tracked a ratings upgrade for Airtel and corporate developments at IRFC, Reliance, Bharat Forge and Tata Steel.

Bharat Dynamics has secured fresh orders worth ₹1,347.71 crore from HAL for Helina launchers, LRUs and countermeasure systems.

Infosys' AI partnership expansion, Vedanta's stake sale, IRFC's OFS, Honasa Consumer's Fluence Pharma acquisition, and fundraising plans by City Union Bank and Satin Creditcare will keep these companies' shares on investors' radar today.

The Indian stock market indices traded higher during early trade on Wednesday morning. Global markets, however, gave mixed cues amid lingering uncertainty over the US-Iran peace deal.

Info Edge shares rose on Tuesday after revealing its startup portfolio has grown to ₹41,300 crore from ₹4,900 crore invested since 2007, delivering an 8.4x return and 33% internal rate of return.

The government will sell up to a 2% stake in IRFC through an Offer for Sale this week. Institutional investors can bid on 24 June, followed by retail investors on 25 June.

Axis Bank raised $800 million through AT1 and senior dollar bonds, with investor demand exceeding $2.2 billion. The issue benefits from RBI's swap facility. Read more for details.

Yes Bank will discuss equity and debt fundraising proposals on 29 June and may seek shareholder approval. Shares gained nearly 2% after the announcement. Read more for details.

Infosys Chairman Nandan Nilekani said at the 45th AGM that AI will amplify rather than replace the company, pointing to a $300 to $400 billion AI-first services opportunity and $1 billion in current AI revenue.

City Union Bank approved a ₹500 crore qualified institutional placement, 1:3 bonus issue and ₹2 dividend as Q4FY26 net profit rose 24.9% to ₹360 crore and asset quality improved.

Gautam Adani, in his AGM speech, outlined expansion plans across power, data centres, ports, airports and defence, highlighting ₹1.5 lakh crore FY26 capex, a ₹2 lakh crore power programme and AI-driven growth.

Indian markets ended higher on easing oil prices and positive sentiment. TCS, Hindustan Zinc, BEL, Birla Corporation, Vodafone Idea, Info Edge and JSW Infrastructure announced key corporate developments.