JSW-AKZO Nobel Deal, India Imposes 27-63% Anti-Dumping Duties & More
- Share.Market
- 9 min read
- 27 Jun 2025
Highlights
Indian equity markets gained for four straight sessions Friday, ending the week positively. Nifty Oil & Gas led sectoral gains while Nifty Realty was the biggest loser across a broad-based rally.
Headline Indices
Sectors at a Glance
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What moved the market?
*Prices shown may have delay up-to 15 minutes
Broader Market Performance
INDIA VIX
What Made Headlines?
AKZOINDIAIndian paint stocks rose Friday after Akzo Nobel announced selling its entire India stake to JSW Paints. The deal signals industry consolidation as major players reshape the competitive landscape in India’s paint market.
AHLUCONTAhluwalia Contracts wins ₹1,103 crore construction orders. The company secured ₹821 crore Gurugram residential project and ₹283 crore Bengaluru housing project.
ULTRACEMCOUltraTech Cement commissioned a second grinding mill (1.8 mtpa capacity) at the Maihar, Madhya Pradesh unit. Total domestic capacity now 186.86 mtpa, global capacity 192.26 mtpa including overseas operations.
MAZDOCKMazagon Dock approved acquiring a majority stake in Sri Lanka’s Colombo Dockyard for $53 million (₹452 crore). Indian state-run shipbuilder will buy shares from Japan’s Onomichi Dockyard through primary and secondary purchases.
ICICIBANKICICI Bank’s board approved acquiring an additional 2% stake in ICICI Prudential AMC subsidiary to maintain majority ownership before the anticipated public listing, offsetting dilution from stock compensation schemes.
What’s Happening Beyond Markets?
- According to ICRA, India’s diamond industry faces tough times. Exports dropped 17% last year to $13.3 billion, a 20-year low. Another 7-10% decline expected next year due to weak demand and cheaper lab-grown diamonds.
- India imposes 27-63% anti-dumping duties on plastic machinery from China and Taiwan for five years. The government found that these machines were sold below fair prices, hurting local manufacturers. Duties protect the domestic plastic equipment industry.
- India-U.S. trade talks stalled over disputes on import duties for auto parts, steel, and farm products. Deal unlikely before President Trump’s July 9 tariff deadline. Both countries want different concessions.
- China’s current account surplus hit a record $165.4 billion in Q1 2025, triple the previous year’s $47.2 billion. The export boom driven by weak domestic demand pushed companies to sell more abroad. Goods surplus nearly doubled.
- Gold fell to $3,280 per ounce, its lowest in four weeks, as the US-China trade deal reduced safe-haven demand. Countries agreed to ease trade restrictions and lift export controls. Investors await inflation data for Fed rate guidance.
- S&P downgraded Colombia’s debt rating to BB from BB+ due to weak finances. Moody’s also cut the rating to Baa3. Both agencies cite high deficits and rising debt, expected to hit 64% of GDP by 2027.
Back to Basics
Terms that put you one step ahead – every day.
What Is Capital Adequacy Ratio (CAR)?
Capital Adequacy Ratio (CAR) shows how well a bank can withstand financial shocks, such as bad loans or economic crises.
It measures the bank’s capital compared to its risk-weighted assets (like loans and investments, each with different risk levels).
A CAR above India’s regulatory minimum of 9%-12% means the bank meets the rules and has a strong safety buffer for tough times.
Why is this important?
Because when you deposit your money, you want it to be secure. A higher CAR means the bank can absorb losses and keep running smoothly, even during financial stress.
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Cera Sanitaryware Ltd. | 01 Jul 2025 | 01 Jul 2025 | Dividend | ₹65.00 |
| JSW Infrastructure Ltd. | 01 Jul 2025 | 01 Jul 2025 | Final Dividend | ₹0.80 |
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back on Monday to cut through the noise, so you can focus on investing intelligently.
Disclaimer and Disclosure
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