🗞️ Goldman Sachs Sees Nifty at 26,500
Goldman Sachs has projected the Nifty to reach 26,500 by June 2027, while identifying 15 stocks aligned with key structural themes such as manufacturing, financials, and domestic consumption.
The brokerage remains constructive on India’s long-term growth story despite near-term market volatility.
💬 Expert Take — “When global brokerages raise long-term targets, they’re effectively expressing confidence in India’s structural growth rather than short-term market movements. Investors should focus on the underlying themes driving these forecasts.”
🗞️ FIIs Pour $7 Billion Into India
According to SBI Research, foreign institutional investors have invested $7 billion into Indian markets following the government’s measures to support the rupee.
The inflows reflect improving global confidence in India’s macroeconomic stability and capital markets.
💬 Expert Take — “Sustained foreign inflows improve market liquidity and support valuations, but they also signal confidence in India’s policy framework and long-term economic outlook.”
🗞️ HCLTech Profit Rises 20%
HCL Technologies reported a 20% year-on-year increase in Q1 net profit to ₹4,624 crore and announced an interim dividend of ₹12 per share.
The results highlight continued resilience in India’s IT services sector despite a challenging global demand environment.
🗞️ World Bank Backs India’s Rooftop Solar Push
The World Bank Group has committed $890 million to support rooftop solar projects across India.
The funding is expected to accelerate clean energy adoption while helping households and businesses reduce electricity costs.
🗞️ Digital Health Mission Crosses 94 Crore ABHA IDs
India’s Ayushman Bharat Digital Mission has crossed 93.95 crore ABHA IDs, further strengthening the country’s digital healthcare ecosystem.
The milestone reflects rapid adoption of digital health infrastructure and improved access to healthcare records.
🗞️ SEBI May Expand Stock Lending Market
SEBI is considering expanding the number of stocks eligible for borrowing and lending, potentially doubling the list.
The move aims to improve market liquidity, facilitate price discovery, and strengthen India’s securities lending ecosystem.
🗞️ Retail Inflation Inches Up
India’s retail inflation rose to 4.38% in June, edging higher from the previous month.
While inflation remains within the RBI’s tolerance band, food prices continue to be the primary driver of price pressures.
🗞️ IBEF Marks 30 Years
The India Brand Equity Foundation (IBEF) completed 30 years of promoting India’s investment and business opportunities globally.
Over three decades, IBEF has played a key role in showcasing India’s economic growth story to international investors.
📊 Market Update
📈 Sensex: 77,616.40 ▲ 47.01 (+0.06%)
📈 Nifty 50: 24,211.00 ▲ 4.10 (+0.02%)
🪙 Gold (per gram)
24K: ₹14,291 ▼ ₹142
22K: ₹13,100 ▼ ₹130
18K: ₹10,718 ▼ ₹107
🥈 Silver: ₹2,35,000/kg