Pre-Market Update!!
RBI holds rates, MUFG bets big on India, mega deals in energy, infra & brands reshape markets!
• RBI MPC – Repo RateThe Reserve Bank of India's Monetary Policy Committee held the repo rate steady at 5.25%, maintaining its neutral policy stance, signaling a cautious approach amid evolving domestic and global economic conditions.
#RBI
• MUFG – Shriram FinanceJapan's MUFG Bank has secured a significant 20% shareholding in Shriram Finance for ₹39,618 crore, marking a major cross-border financial partnership and reinforcing foreign confidence in India's growing non-banking financial sector.
#MUFG #Shriramfinance
• Fertilizer Stocks – NBS SubsidyThe Union Cabinet greenlit a Nutrient Based Subsidy of ₹41,534 crore for the Kharif 2026 season, offering a substantial boost to the fertilizer industry and easing input cost burdens for Indian farmers.
#Fertilizer
• BOSCH – RBIC Acquisition Bosch is set to acquire 100% stake in Bosch Chassis Systems India (RBIC) for up to ₹9,068.68 crore via a cash and share-swap deal, transforming RBIC into a wholly-owned material subsidiary to bolster its mobility business.
#BOSCH
• REDTAPE – SPRANDI BrandRedTape has acquired the rights to the globally recognized SPRANDI sports footwear brand for India, Nepal, Bhutan, and Sri Lanka, strengthening its athletic portfolio and expanding its footprint across key South Asian markets.
#Redtape
• NHPC – Kamala Hydro ProjectCCEA has sanctioned a ₹26,069.5 crore investment for NHPC's 1,720 MW Kamala Hydroelectric Project in Arunachal Pradesh, expected to generate 6,870 MU annually through a joint venture with the state government.
#NHPC
• KEC International – New OrdersKEC International has bagged fresh orders worth ₹2,518 crore spanning multiple verticals, including its largest-ever commercial real estate civil contract and a notable railway safety order under the Kavach (TCAS) signaling system.
#KECInternational
• CYIENT – Kinetic TechnologiesCyient's semiconductor arm has acquired a 74% controlling stake in Kinetic Technologies for $85 million (~₹700 crore), strategically deepening its semiconductor capabilities and reinforcing its position in the global chip design ecosystem.
#Cyient
• ACME SOLAR – Wind CapacityACME Solar has commissioned an additional 4 MW of wind power capacity at Surendranagar, Gujarat, bringing its ongoing project to 96 MW out of a planned 100 MW total operational capacity.
#Acmesolar
• PRESTIGE ESTATES – Pre-SalesPrestige Estates has achieved a landmark milestone, surpassing ₹30,000 crore in pre-sales during FY26, reflecting robust housing demand and the developer's expanding project pipeline across premium Indian real estate markets.
#Prestige
• PREMIER ENERGIES – Solar OrdersPremier Energies secured solar orders worth ₹2,577 crore in Q4 FY26, encompassing approximately 1,600 MW of solar cells and modules, with execution scheduled across FY27 and FY28, underlining strong renewable energy momentum.
#Premierenergies