India’s industrial production growth eased to 4.9% in April 2026, with capital goods emerging as the strongest-performing segment, registering a 16% growth. Despite global headwinds, the sector’s resilience and potential for long-term growth remain intact.
NHPC shares decline nearly 5% after government announces offer for sale (OFS) to divest up to 6% stake in the company at a discounted floor price of ₹71 per share. Learn more about the market impact and details.
The Indian government has announced plans to sell up to 6% stake in NHPC through an offer for sale (OFS) at a floor price of Rs 71 per share, aiming to raise Rs 4,200 crore to the exchequer. The sale marks a significant step towards achieving its disinvestment targets in FY27.
The Indian equity market is likely to open on a cautious note amid fresh escalation of tension in West Asia, with massive selling by foreign portfolio investors (FPIs) and the weakening of the rupee continuing to hurt market sentiment. Valuations offer support despite near-term risks, with the Nifty trading at a 12-month forward P/E of 18.6x, below its long-term average (LPA) of 21x.
Wockhardt’s Zaynich receives regulatory approval in India and is seeking approval in Europe, with the US FDA granting priority review and QIDP designations. The commercial success of this innovative product has the potential to significantly impact the company’s long-term outlook and the Indian pharmaceutical sector.
The Indian stock market continues its downward trend due to ongoing global uncertainty and persistent foreign portfolio investor selling. Crude oil prices have surged, weighing heavily on investor sentiment, while the rupee showed signs of stabilisation.
Avaada, a leading renewable energy company, has secured $950 million in debt financing for three large utility-scale solar power projects in India. This major milestone marks a significant step towards the country’s transition to clean energy and supports Avaada’s growth plans in the Indian renewable energy sector.
The Indian government plans to sell up to 6% stake in NHPC, a leading power generation company, through an offer for sale. The move is expected to fetch around ₹4,200 crore to the exchequer, part of the government’s efforts to raise funds through disinvestment and asset monetization.
Axis Bank has strengthened its presence in the insurance sector by increasing its stake in Axis Max Life Insurance Company to 19.9%. The strategic investment is expected to boost the insurer’s growth prospects and improve its market share in the life insurance segment.
India’s dairy sector can be stronger, fairer, and more resilient by embracing innovation and a gender-responsive approach. Recognizing women’s labor, expanding direct payments, and improving access to credit can build a more inclusive and equitable dairy sector.
