PRE-MARKET INDIAN STOCKS NEWS: Adani Ports (ADSEZ IS) May handled cargo volume rose 16% Y/Y to 48.3MMT

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PRE-MARKET INDIAN STOCKS NEWS: Adani Ports (ADSEZ IS) May handled cargo volume rose 16% Y/Y to 48.3MMT

[MARKET ANALYSIS] Asia-Pac stocks mostly took their cues from the record highs on Wall St, which helped the region shrug off the fresh US-Iran strikes

[MARKET ANALYSIS] DXY ekes mild gains amid higher oil prices

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Adani Ports (ADSEZ IS) - Co. handled cargo volume of 48.3MMT in May, rose 16% Y/Y, while YTD cargo volume stood at 91.4MMT, rose 15% Y/Y. (ET)

Alkem Laboratories (ALKEM IS) - Promoter family entities sold 1.788mln shares via block deals worth approximately INR 9.3bln at INR 5,200/shr to domestic mutual funds and foreign institutional investors. (ET)

Canara Bank (CBK IS) - Co. approved a plan to raise up to INR 85bln through debt instruments in FY27. (ET)

Infosys (INFO IS) - Co. expanded its strategic collaboration with DNB Bank ASA to modernise its financial crime operations using the NICE Actimize X-Sight Enterprise platform. (Moneycontrol)

NHPC (NHPC IS) - The government's OFS in the Co. was oversubscribed 3.47x on the first day of bidding for non-retail investors and the entire 3% greenshoe option was exercised. (ET)

Vedanta (VEDL IS) - Enforcement Directorate officials visited certain offices of the Co. and subsidiary Hindustan Zinc (HZ IS). (ET)

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