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Tesla Slides Even as Goldman Sees Brighter Q2 Deliveries

New York, June 16, 2026, 12:05 (EDT) Goldman Sachs is taking a more bullish stance on Tesla’s car deliveries in the near term, but the stock isn’t moving much. Analyst Mark Delaney at Goldman lifted his second-quarter 2026 delivery estimate for Tesla to 420,000 units, up from his previous 405,000 and ahead of the Visible Alpha consensus at 400,000. “We believe that Tesla’s 2Q26 vehicle deliveries are likely tracking ahead of consensus,” Delaney wrote, citing data from China, the U.S., and Europe. (Investing.com India) Tesla stock often trades on delivery numbers.

HDFC Bank moves up in Mumbai with Indian banking pack, eyes on margin stress

Mumbai, June 16, 2026, 20:36 IST HDFC Bank Limited closed 0.98% up at ₹784.90 on Tuesday as India’s main indexes gained. The stock had ended at ₹777.35 on Monday, according to the The Economic Times live stock page. Shares remain well below the 52-week high of ₹1,020.50. The 52-week low stands at ₹726.65. (The Economic Times) Stocks in India pushed higher after the early U.S.-Iran peace deal cut oil prices and helped risk appetite. The Nifty 50 added 0.57% to finish at 23,989.15, and BSE Sensex climbed 0.71% to 76,808.48, Reuters said. HDFC Bank and Reliance Industries drove most of

MTAR Technologies Up 4.8% After Bloom Risk Drops, Valuation Remains Rich

Mumbai, June 16, 2026, 16:20 (IST) MTAR Technologies Ltd extended gains Tuesday, ending at ₹7,698.50 on the NSE, up ₹354.50 or 4.83%. On the BSE, the stock closed at ₹7,688.55, up 4.51%. Mirae Asset Sharekhan said the shares moved between ₹7,285.50 and ₹7,779 on the NSE, with volumes of about 3.19 million and a market cap nearing ₹23,680 crore. Indian equities moved up as well. The Nifty 50 added 0.57% at 23,989.15, while the Sensex gained 0.71% to end at 76,808.48. Reuters said sentiment improved on lower West Asia risk and softer oil prices. (Sharekhan) Bloom Energy risks weighed on

Tata Motors Focuses on EVs and SUVs, JLR Still a Concern for FY26

Mumbai, June 16, 2026, 18:45 (IST) Tata Motors Passenger Vehicles is aiming for faster growth in FY27, coming off record India sales in FY26 and with Jaguar Land Rover problems still in play. The automaker pushed out 6.42 lakh cars and SUVs in FY26, up 15.3% from a year earlier, beating the market by a wide margin, but JLR kept having trouble. “We enter FY27 with confidence, supported by a robust pipeline of new launches and multi-powertrain offerings,” Chairman N Chandrasekaran said, according to Reuters.

Reliance Industries trades higher after Morgan Stanley note before AGM

Mumbai, June 16, 2026, 17:40 (IST) Reliance Industries Ltd. shares rose Tuesday for a second session, stretching a rebound from last week’s 52-week low as investors look to the company’s annual general meeting this week. Reliance finished at ₹1,328.80 on the NSE, up 1.67%. The stock opened at ₹1,313.40 and moved between ₹1,306.40 and ₹1,333.40, data from Kotak Neo showed. Still, Reliance trades far from its 52-week high of ₹1,611.80. Traders are treating the move as a rebound, not a major turnaround.

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