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Oberoi Realty shares witnessed an uptick on Tuesday after the developer reported a sharp jump in Q4FY26 bookings, which doubled sequentially to Rs 1,673 crore. Volumes and carpet area booked surged.
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Indian bank stocks experienced a significant jump on Tuesday. AU Small Finance Bank, HDFC Bank, SBI, and Yes Bank saw notable increases. The Nifty Bank index climbed over 1%, marking it as a top sectoral performer. This rally was fueled by strong quarterly results from major banks like HDFC Bank and ICICI Bank.
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SpaceX is preparing for a historic Initial Public Offering. The company is hosting analysts this week for briefings at its Texas launch facility and Tennessee data center. SpaceX aims to raise $75 billion in what could be the world’s largest IPO. A trading debut is targeted for late June. Retail investors will also be allocated a significant portion of shares.
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The rupee fell 16 paise to 93.32 against the US dollar in early trade as the American currency strengthened and the Reserve Bank eased speculative betting restrictions. Positive domestic equity markets and foreign fund inflows offered some support, despite West Asia peace agreement uncertainties.
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Billionbrains Garage Ventures shares jumped 3.6% after reporting a 122% YoY surge in Q4 net profit to Rs 686 crore, driven by strong revenue growth and operating leverage. Brokerages remain divided, with Jefferies maintaining a Buy rating and raising its target price, citing a strong recovery in trading activity and profitability.
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