Stocks to watch: HDFC Bank, BEL, L&T, MCX, Bharti Airtel among shares in focus today
HDFC Bank plans to take legal action following accusations from the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has urged financial regulators to suspend and prosecute the bank's Managing Director and CEO, Sashidhar Jagdishan.
According to reports, Suzlon Energy's promoters, the Tanti Family and Trust, are expected to sell 20 crore shares through a block deal on Monday.
Adani Group's Ambuja Cements, India's second-largest cement manufacturer, supplies close to 30% of the cement used in the country's residential and infrastructure projects, according to its latest annual report.
Tata Steel, a homegrown company, plans to begin construction of its low-carbon, electric arc furnace (EAF)-based steel production facility in the UK starting July 2025, with operations expected to launch by 2027.
Infrastructure giant L&T has unveiled a ₹ 500 crore ESG bond offering, marking the first Indian corporate to issue such bonds under SEBI's newly launched framework for ESG and sustainability-linked bonds.
Mahindra & Mahindra recorded a 17% year-on-year increase in total sales for May 2025, with volumes rising to 80,458 units from 69,011 units in the same month last year. Production also experienced a strong growth of 28%, reaching 89,626 units compared to 70,261 units in May 2024. However, exports fell by 27% year-on-year to 2,671 units, down from 3,652 units a year earlier.
Birla Opus Paints, a subsidiary of the Birla Group, has lodged a complaint with the Competition Commission of India (CCI), accusing Asian Paints, the market leader, of abusing its dominant position.
Tata Electronics and Navratna company BEL have entered into a Memorandum of Understanding (MoU) to jointly work on semiconductor and electronics solutions. This partnership aims to support India's self-reliance efforts in areas such as chip design, fabrication, OSAT (Outsourced Semiconductor Assembly and Test), and defence-grade electronic components.
MCX has obtained approval from the Securities and Exchange Board of India (SEBI) to introduce electricity derivatives.
Telecom operator Airtel has reached out to more than 40 banks, along with the RBI and NPCI, suggesting a close partnership and a unified effort to combat digital fraud, including the exchange of information on a repository of identified fraudulent financial domains.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
29 minutes ago
- Hans India
The Top 5 Most Active Commodities for Trading in India
India's dynamic commodity markets offer many opportunities for traders and investors, fueled by the nation's immense consumption, agricultural backbone, and burgeoning industrial sector. While the direct ownership of physical commodities can be impractical, financial instruments such as futures contracts and Contracts for Difference (CFDs) provide accessible avenues for speculating on price movements and gaining exposure to these vital markets. In India, commodity futures trading is predominantly facilitated by two major exchanges: the Multi Commodity Exchange (MCX) and the National Commodity & Derivatives Exchange (NCDEX). The MCX leads the non-agricultural segment to trade commodities, encompassing precious metals, industrial metals, and energy, while the NCDEX specializes in agricultural commodities. This article will explore India's five most actively traded commodities, exploring their market dynamics. 1. Gold: The Eternal Safe Haven and Cultural Cornerstone Gold holds a unique and revered position in the Indian psyche, extending far beyond mere investment to encompass deep cultural and traditional significance. It is an indispensable part of weddings and festivals, and a crucial generational asset. This deep-rooted domestic demand and its global status as a safe-haven asset firmly establish gold as one of India's most actively traded commodities. Market Dynamics and Price Influencers: Cultural and Festival Demand: Indian festivals and wedding seasons consistently drive significant gold demand, notably influencing local prices. Global Economic Conditions: During economic uncertainty, geopolitical tensions, or inflationary pressures, investors flock to gold as a store of value, pushing prices higher. Conversely, a strong global economy and rising interest rates (making fixed-income assets more appealing) can exert downward pressure. During economic uncertainty, geopolitical tensions, or inflationary pressures, investors flock to gold as a store of value, pushing prices higher. Conversely, a strong global economy and rising interest rates (making fixed-income assets more appealing) can exert downward pressure. Central Bank Monetary Policies: Interest rate decisions by major central banks (such as the US Federal Reserve) significantly impact gold prices. Higher interest rates increase the opportunity cost of holding non-yielding assets like gold. US Dollar Strength: Gold is predominantly priced in US dollars. A stronger dollar makes gold more expensive for holders of other currencies, potentially dampening demand and vice versa. Inflation Expectations: Gold is widely regarded as a hedge against inflation. When inflation rises, a currency's purchasing power declines, prompting investors to seek refuge in assets like gold, which tend to retain their value. Gold is widely regarded as a hedge against inflation. When inflation rises, a currency's purchasing power declines, prompting investors to seek refuge in assets like gold, which tend to retain their value. Supply and Demand Fundamentals: Global mining output, recycling activities, and demand from jewelry manufacturers and industrial applications all influence price discovery. Global mining output, recycling activities, and demand from jewelry manufacturers and industrial applications all influence price discovery. Appeal for Traders: Gold's consistent liquidity, sensitivity to global macroeconomic factors, and traditional safe-haven appeal make it a popular choice for short-term speculative trading and long-term hedging against economic instability. 2. Crude Oil: The Global Economy's Energy Powerhouse Crude oil, often dubbed "black gold," is the lifeblood of the global economy. As a primary energy source for transportation, industrial production, and electricity generation, its price fluctuations have far-reaching implications. As a major oil importer, India is particularly sensitive to global crude oil price movements, making it an extremely active commodity for trading. Market Dynamics and Price Influencers: Global Supply and Demand Balance: The fundamental principle of supply and demand dictates crude oil prices. Economic growth fuels demand, while production levels from major oil-producing nations (OPEC+, US shale producers, Russia) directly influence supply. The fundamental principle of supply and demand dictates crude oil prices. Economic growth fuels demand, while production levels from major oil-producing nations (OPEC+, US shale producers, Russia) directly influence supply. Geopolitical Tensions: Conflicts and instability in key oil-producing regions (e.g., the Middle East) can disrupt supply chains and trigger significant price spikes. Conflicts and instability in key oil-producing regions (e.g., the Middle East) can disrupt supply chains and trigger significant price spikes. OPEC Decisions: The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) play a pivotal role in managing global oil supply through production quotas, directly impacting prices. The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) play a pivotal role in managing global oil supply through production quotas, directly impacting prices. Key Economic Indicators: Industrial production data, manufacturing output, and global GDP growth forecasts all impact the outlook for crude oil demand. Industrial production data, manufacturing output, and global GDP growth forecasts all impact the outlook for crude oil demand. Currency Exchange Rates: The INR to USD exchange rate is a crucial factor for India. A weaker rupee makes imported oil more expensive in terms of local currency. The INR to USD exchange rate is a crucial factor for India. A weaker rupee makes imported oil more expensive in terms of local currency. Technological Advancements: Developments in extraction methods (like fracking) can increase supply, while advancements in renewable energy sources can influence long-term demand trends. Trading Avenues in India: Appeal for Traders: Crude oil's high volatility and sensitivity to a wide array of global events provide ample opportunities for speculative traders. Its direct impact on inflation and economic growth makes it a crucial commodity for macro-focused traders. 3. Silver: The Dynamic Industrial Precious Metal While often in the shadow of gold, silver firmly holds its own as both a precious metal and an industrial commodity. Its dual nature makes its price dynamics fascinating and frequently more volatile than gold. In India, silver is extensively used in jewelry, silverware, and various industrial applications, making it a prominent commodity in the trading landscape. Market Dynamics and Price Influencers: Industrial Demand: A substantial portion of silver's demand originates from industrial applications, including electronics, solar panels, the automotive industry, and medical devices. This makes its price highly sensitive to global industrial growth and technological advancements. A substantial portion of silver's demand originates from industrial applications, including electronics, solar panels, the automotive industry, and medical devices. This makes its price highly sensitive to global industrial growth and technological advancements. Investment Demand: Like gold, silver also functions as a safe-haven asset, attracting investment during economic uncertainty and inflationary pressures. Like gold, silver also functions as a safe-haven asset, attracting investment during economic uncertainty and inflationary pressures. Correlation with Gold Prices: Silver often moves in tandem with gold, though typically with higher volatility due to its smaller market size and significant industrial demand component. Silver often moves in tandem with gold, though typically with higher volatility due to its smaller market size and significant industrial demand component. Mining Output: Most silver is produced as a byproduct of mining other metals (such as lead, zinc, copper, and gold), making its supply somewhat inelastic to direct silver price changes. Most silver is produced as a byproduct of mining other metals (such as lead, zinc, copper, and gold), making its supply somewhat inelastic to direct silver price changes. Currency Fluctuations: Similar to gold, a stronger US dollar can make silver more expensive for international buyers, potentially impacting demand. Similar to gold, a stronger US dollar can make silver more expensive for international buyers, potentially impacting demand. Appeal for Traders: Silver's compelling combination of industrial utility and precious metal status makes it an attractive asset. Its higher volatility than gold can lead to larger profit opportunities, albeit with increased risk. 4. Natural Gas: The Evolving Transition Fuel Natural gas is an increasingly vital global energy source for electricity generation, industrial processes, and residential heating. Its clean-burning properties position it as a key transition fuel in the worldwide shift towards renewable energy. In India, growing domestic consumption and increasing industrial reliance on natural gas contribute significantly to its active trading on commodity exchanges. Market Dynamics and Price Influencers: Seasonal Demand: Natural gas prices are highly influenced by seasonal weather patterns, with demand typically peaking during colder winter months (for heating) and hotter summer months (for air conditioning, impacting electricity generation). Natural gas prices are highly influenced by seasonal weather patterns, with demand typically peaking during colder winter months (for heating) and hotter summer months (for air conditioning, impacting electricity generation). Supply Levels: Production levels from major gas-producing regions (e.g., US, Russia, Qatar), storage levels, and infrastructure developments (pipelines, LNG terminals) significantly impact supply. Production levels from major gas-producing regions (e.g., US, Russia, Qatar), storage levels, and infrastructure developments (pipelines, LNG terminals) significantly impact supply. Geopolitical Events: Disruptions to pipeline flows or political tensions involving major gas suppliers can cause significant price volatility. Disruptions to pipeline flows or political tensions involving major gas suppliers can cause significant price volatility. Inventory Reports: Weekly inventory reports from major consumer nations (like the US) provide crucial insights into supply-demand balances and often trigger short-term price movements. Weekly inventory reports from major consumer nations (like the US) provide crucial insights into supply-demand balances and often trigger short-term price movements. Competition from Other Fuels: The price of natural gas can be influenced by the competitiveness of other energy sources, such as coal and crude oil. The price of natural gas can be influenced by the competitiveness of other energy sources, such as coal and crude oil. Appeal for Traders: Natural gas offers substantial price volatility, particularly due to seasonal demand and geopolitical factors. This creates frequent trading opportunities for those who can accurately assess market sentiment and supply-demand dynamics. 5. Copper: "Dr. Copper" - The Economic Barometer Copper, often affectionately dubbed "Dr. Copper" due to its uncanny ability to predict economic health, is a critical industrial metal. Its widespread use in electrical wiring, construction, manufacturing, and emerging green technologies (electric vehicles, renewable energy infrastructure) makes its demand a strong indicator of global economic activity. India's accelerating infrastructure development and manufacturing growth contribute to the active trading of copper. Market Dynamics and Price Influencers: Global Economic Growth: Copper demand is a fundamental building block of modern economies, and it directly correlates with global GDP growth, industrial output, and construction activity. Copper demand is a fundamental building block of modern economies, and it directly correlates with global GDP growth, industrial output, and construction activity. Infrastructure Spending: Government and private sector investments in infrastructure projects (roads, railways, power grids) drive significant copper demand. Government and private sector investments in infrastructure projects (roads, railways, power grids) drive significant copper demand. Urbanization and Industrialization: Rapid urbanization and industrialization in developing economies, particularly China (the most significant consumer), are major drivers of copper demand. Rapid urbanization and industrialization in developing economies, particularly China (the most significant consumer), are major drivers of copper demand. Green Energy Transition: The increasing adoption of electric vehicles, solar power, and wind energy, which are highly copper-intensive, represents a significant long-term demand driver. The increasing adoption of electric vehicles, solar power, and wind energy, which are highly copper-intensive, represents a significant long-term demand driver. Supply Disruptions: Mining disruptions due to labor strikes, natural disasters, or geopolitical issues in major producing countries (e.g., Chile, Peru) can impact supply and prices. Mining disruptions due to labor strikes, natural disasters, or geopolitical issues in major producing countries (e.g., Chile, Peru) can impact supply and prices. Inventory Levels: Global inventory levels of copper in warehouses provide crucial insights into the immediate supply-demand balance. Global inventory levels of copper in warehouses provide crucial insights into the immediate supply-demand balance. Appeal for Traders: Copper's strong correlation with global economic health makes it an attractive commodity for traders seeking to capitalize on broad economic trends. Its integral role in the green energy transition also provides a compelling long-term outlook for potential price appreciation. Conclusion: Navigating India's Vibrant Commodity Market The Indian commodity market offers a wealth of opportunities for astute traders and investors. Gold, Crude Oil, Silver, Natural Gas, and Copper consistently stand out as the most active commodities, each possessing unique drivers and trading characteristics. Futures contracts on established exchanges like MCX and NCDEX provide regulated and highly liquid avenues for participation, offering transparency and robust trading infrastructure. Thorough research, robust risk management strategies, and a comprehensive awareness of domestic and international market dynamics are essential for success in India's dynamic commodity trading arena.
India.com
33 minutes ago
- India.com
SEBI Encourages Investors To Use CeFCoM Platform For Paying Advisers, Research Analysts
Mumbai: Markets regulator SEBI encourages investors to pay fees to their investment advisers and research analysts through the Centralized Fee Collection Mechanism (CeFCoM). In a statement on Thursday, SEBI said that CeFCoM is a secure and transparent payment ecosystem developed to ensure that investors pay fees only to SEBI-registered investment advisers and research analysts. This mechanism is optional. CeFCoM helps distinguish registered investment advisers and research analysts from unregistered entities posing as such. It has been operational since October 1, 2024, and is managed by BSE Ltd. in association with MF Utilities India Pvt. Ltd. Through CeFCoM, investors can pay fees using multiple payment modes such as Net Banking, Debit Card, UPI/UPI Autopay, IMPS/NEFT/RTGS, eNACH, Cheque, and Credit Cards. As of June 10, 2025, investors have paid over ₹5 crore in fees through CeFCoM, SEBI stated. On Wednesday, the Securities and Exchange Board of India (SEBI) announced the launch of a new tool, 'SEBI Check', to validate UPI handles and registered bank accounts, ensuring secure payments by investors. The 'Validated UPI Handles' and 'SEBI Check' tools aim to enhance investor protection and combat deepfakes and cyber fraud. Investors can verify whether a UPI handle or bank account is registered before making any payment via 'SEBI Check'. Investors can authenticate UPI IDs either by scanning a QR code or by manually entering the UPI ID. For bank verification, they can confirm the bank account number and Indian Financial System Code (IFSC) of a registered intermediary. The core of this new framework is a mandatory, structured UPI address for intermediaries, composed of a user-friendly name followed by a unique handle. For instance, the username will be a readable name chosen by the intermediary, followed by a suffix that clearly indicates their category—such as 'brk' for a stock broker or 'mf' for a mutual fund. A valid handle will include a unique and exclusive identifier, "@valid", combined with the name of the self-certified syndicate bank. These validated handles will be exclusively issued by the National Payments Corporation of India (NPCI) for fee collection by SEBI-registered intermediaries. 'SEBI Check' will be available to investors starting October 1, 2025. SEBI Chairman Tuhin Kanta Pandey said, "In recent years, unregistered entities have increasingly misled investors by collecting funds without authorization, often siphoning off the money for personal gain. This new framework is designed to proactively curb such fraudulent activities, allowing investors to easily identify legitimate SEBI-registered market intermediaries and make payments to them securely and efficiently." To address cyber frauds, deepfakes, and impersonation, SEBI stated that this new tool will boost investor confidence by enabling them to verify whether an intermediary asking for funds is registered. The SEBI Chairman added, "This innovative mechanism is set to significantly improve the safety and accessibility of financial transactions in the securities market by providing a verified and secure payment channel." He also mentioned that SEBI will collaborate with online app stores to ensure only validated apps for payment are displayed.
The Hindu
34 minutes ago
- The Hindu
First edition of Bengaluru Coin Exhibition 2025 set to enthrall numismatic enthusiasts
The first edition of the Bengaluru Coin Exhibition 2025, a gathering for coin collectors and history enthusiasts, is set to begin on June 13 at Shikshakara Sadana, Kempegowda Road, near Mysore Bank Circle, Bengaluru. The three-day exhibition, organised by numismatists and institutions from across the country, celebrates over 2,500 years of India's rich and diverse coinage history. From ancient punch-marked coins to the coinage of the Mughal and colonial eras, and from regional mints to modern commemorative issues, the event promises an unmatched showcase of India's monetary heritage. Notably, coins from the Ganga period are on display, offering a rare glimpse into Karnataka's ancient monetary systems. The event will also highlight Karnataka's own contribution to Indian numismatics, through displays of local and regional coinage. Among the highlights are coins dating back to the 6th century BCE, offering visitors a chance to explore the earliest forms of Indian currency. The collection spans an impressive historical timeline, including coins from the illustrious Vijayanagara empire and the royal Mysuru Wadiyar dynasty, showcasing the rich and layered narrative of South India's monetary legacy. Adding to the grandeur, a selection of gold coins once owned by kings from across the country has also been put on display, reflecting the artistry of royal Indian mints. In total, nearly one lakh coins are on display, making this one of the largest and most comprehensive exhibitions ever held in India's numismatic history. The highlight of the exhibition will be two major numismatic auctions — Falcon Auctions and Travancore Heritage Auctions — featuring rare and collectible coins, banknotes, and medals. More than 100 top exhibitors and dealers from across the country will participate, offering items for sale, trade, and display. Visitors can also benefit from free valuation services and guidance sessions for budding collectors. Expert lectures and knowledge sessions will be held alongside the exhibition. The event is free and open to all — students, families, researchers, and the general public. The exhibition runs from June 13 to 15 and promises to be an immersive cultural experience for anyone curious about India's past.
