Stock Markets

The Coca-Cola Company is laying the groundwork for what could become one of the most closely watched consumer-sector public offerings in India. The global beverage leader has confirmed that it is evaluating a stock market debut for Hindustan Coca-Cola Holdings Pvt. Ltd. (HCCH), the holding company that oversees its largest Indian bottling operations, with a potential listing targeted for 2027.

Asian Paints shares gained momentum after the company delivered a stronger-than-expected performance for the fourth quarter of FY26, driven by robust profit growth, healthy revenue expansion and improved operational efficiency. The paint manufacturer reported a sharp increase in net profit and announced a generous dividend payout, reinforcing investor confidence.

Indian equity markets witnessed a sharp selloff on Friday, with benchmark indices ending deeply in the red after a late-session plunge driven by MSCI’s May 2026 index rebalancing. The reshuffle prompted significant passive foreign fund adjustments, leading to estimated outflows of up to $1 billion from Indian stocks.