OECD Cuts U.S. Economic Outlook Amid Tariff Concerns
The OECD has sharply revised down its forecast for U.S. economic growth, citing the impact of Donald Trump’s proposed tariffs on global trade and inflation.

U.S. GDP Growth Forecasts:

2025: Cut to 1.6% (from 2.2% in March)

2026: Slashed further to 1.5%

Inflation Outlook:

Projected to rise…[Read more]

Fund House Recommendations Summary

>> Positive Outlook

– Morgan Stanley (MS)

Godrej Consumer: Overweight | Target: ₹1,431/share

M&M: Overweight | Target: ₹3,668/share

Tata Power: Overweight | Target: ₹449/share

– Nomura

CEAT: Buy | Target: ₹3,945/share

– HSBC

Embassy Office Parks REIT: Buy | Target: ₹435/share

Brookfield India REIT: Buy…[Read more]

Key Corporate Announcements
 Maruti Suzuki India

Production up 1.4% YoY in May, reaching 1.95 lakh units, compared to 1.93 lakh units in May 2024.

 Adani Enterprises

Denies allegations by The Wall Street Journal linking the company to sanctioned Iranian LPG, calling them “baseless and mischievous.”

 Reliance Infrastructure

To pay ₹92.6…[Read more]

03 June 2025 | Events Update | Earnings Calls

11:30 AM | Apex Frozen | Dial: ‪+91 22 6280 1256‬

11.30 AM | Apex Frozen Foods | Dial-in +91 22 6280 1256 / 22 7115 8157

Apex Frozen Foods (CMP – Rs 230 | Mcap – Rs 720 Cr) – one of the leading Producer & Exporter of processed seafood, reported its Q4 & FY25 Results.

-Business Highlights Q4F…[Read more]

Market News & Corporate Updates – 3rd June 2025

>> Positive Developments
Biocon: Receives approval for diabetes drug Liraglutide in India.

> PTC India Financial Services: Recovers ₹125 Cr from NSL under the resolution plan, completing full principal recovery.

> Frontier Springs: Secures orders worth ₹92.6 Cr for air springs assem…[Read more]

Stocks Update – Corporate Actions & Key Events (3rd June 2025)

>>Today’s Corporate Actions (Ex-Date: 3rd June 2025)
Company Action Type Details
ATISHAY Final Dividend ₹1.00 per share
CAPINVIT Income Distribution (InvIT) –
LT Final Dividend…[Read more]

Top Corporate & Economic Headlines

>Clean Energy & Infrastructure

Tata’s Gopalpur SEZ joins World Economic Forum initiative to accelerate clean energy transition.

VinFast’s $2 bn Tamil Nadu EV plant misses out on India’s key incentive scheme; must invest an additional ₹4,150 crore to qualify.

Microsoft to invest $400 million in Switz…[Read more]