Morning news

07/06/2025  8.00AM
Good morning 
Vande mataram 
Daily Financial Highlights – Compiled by Rudra Shares
Date: Saturday, 07 June 2025


 Infrastructure & Industry 
* SAIL delivers 16,000 tonnes of steel for Chenab bridge – Bhilai Steel Plant official
* New AC cabin rule for trucks starts June 8; companies increase prices to comply
* BEL & Tata Electronics to jointly develop indigenous semiconductor solutions

Markets & Economy 
* Vehicle registrations up 5% in May, led by strong demand in two-wheelers, three-wheelers, and tractors
* Nifty hits 25,000, Nifty Bank at record high after RBI’s surprise 50 bps rate cut
* RBI slashes CRR by 100 bps, seen as timely liquidity boost
* 50 bps rate cut expected to revive real estate demand
* Gold loan stocks surge as RBI increases LTV limit to 85% and eases norms
* MCX receives SEBI approval to launch electricity derivatives

 Banking & Finance 
* IndusInd Bank shares climb on positive RBI outlook
* FinNifty stocks rally – RBI Governor notes easing stress in unsecured loans
* ICICI Lombard, Go Digit rise amid likely 25% hike in third-party motor insurance premiums
* Block deals: Promoters offload 1.8% in Bajaj Finserv; Goldman Sachs, BofA among buyers

 Corporate Moves 
* Akasa Air to operate 50 daily flights from Navi Mumbai
* UPL’s Brazil arm to divest Serra Bonita assets
* Birla Opus files antitrust complaint against Asian Paints; CCI may expand probe
* Tata Investment shares jump on reports of Tata Capital IPO nearing SEBI nod
* Gravita India gains as critical minerals recycling policy nears approval

 Energy & Commodities 
* GAIL sells LNG cargo as early monsoons weaken power demand
* India spent \$100 billion on clean energy in 2024 vs. China’s \$627 billion – IEA
* Indraprastha Gas: No current plans to raise CNG prices, monitoring global trends
* Robert Kiyosaki: Predicts silver may hit \$70, urges shift from 'fake money'

 Global & M\&A 
* De Beers draws interest from billionaire Anil Agarwal and Qatari funds
* Eternal & Swiggy add ₹30,000+ crore to market cap this week; Zepto lags


Jai Hind