Hyundai Drives Out of Ola Electric! Kia Cuts Stake in $80M Shake-Up

Also, discover the 5 Laws of Wealth Building that can tilt the game in your favor.

June 04, 2025

Read time: Under 4 minutes

Welcome Back Investor!

The U.S. and India are close to finalizing a major trade agreement, with talks progressing ahead of a July 9 deadline. Key elements include tariff cuts on agricultural goods, increased defense purchases by India, and better market access for both sides. A U.S. delegation will visit New Delhi on June 5–6 to push negotiations forward. India's chief negotiator Rajesh Agrawal confirmed positive developments, signaling optimism for a mutually beneficial deal.

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Today’s Market Menu

▪️ Impact News

▪️ Markets

▪️ Everything else you need to know today

▪️ Mindset

▪️ Stock Screener to up your game

IMPACT NEWS

Hyundai Exits Ola Electric a Signal or a Shift?

In a quiet but telling move, Hyundai has fully exited Ola Electric, divesting its stake in the high-profile Indian EV startup. Kia followed suit with a partial retreat, selling a chunk of its holding in an $80 million secondary share sale.

Just a few years ago, Hyundai and Kia were touted as strategic allies, investing in Ola Electric with an eye toward shaping India’s EV future. Now, their departure raises a tough question:

Is this a tactical portfolio adjustment or a deeper signal of eroding confidence?

Ola’s ambitions remain bold electric scooters, in-house battery innovation, and rumored four-wheel EVs in the pipeline. But as global EV players grow more cautious amid supply chain volatility and funding tightening, moves like this spotlight the risks of capital-heavy, hardware-first ventures.

What’s your take short-term reshuffle or long-term red flag?

MARKETS

Indian markets closed on a positive note with the Sensex gaining 260.74 points to hit 80,998.25 and the Nifty 50 adding 77.70 points at 24,620.20, both up by 0.32%. Nifty Bank saw a modest rise of 0.14%, while Nifty Midcap 100 stole the show, surging 407.55 points (+0.71%) to end at 57,924.65. The momentum clearly favored the midcaps, signaling increased investor appetite in broader market bets.
Closing figures as on 04.06.25 (3.30pm IST)

✅ SENSEX

80,998.25

+0.32%

✅ NIFTY 50

24,620.20

+0.32%

✅ NIFTY BANK

55,676.85

+0.14%

✅ NIFTY Midcap 100

57,924.65

+0.71%

✅ NIFTY Smallcap 100

18,257.10

+0.79%

🔎 In Focus

Stock Performance:

Top Gainers

✅ Eternal Ltd +3.36% to ₹245.68 Riding high on a surge in trading volumes and increased investor interest, Eternal Ltd saw a notable uptick.
✅ Jio Financial Services +2.27% to ₹290.35 The stock's upward trajectory continues, marking an 11% gain over the past month.
✅ Bharti Airtel +1.85% to ₹1,875.40 Bharti Airtel's shares climbed following Macquarie's upward revision of the stock's target price to ₹2,050, with a bullish case scenario of ₹2,350.
✅ IndusInd Bank +1.69% to ₹814.35 The bank's stock gained momentum after being recommended as a top pick by market experts, highlighting its strong fundamentals and potential for growth in the banking sector.

Top Losers

🔻 Bajaj Finserv -1.80% to ₹1,956.10 The stock faced selling pressure due to concerns over its high valuation.
🔻 Trent Ltd -1.49% to ₹5,506.50 Trent's shares declined following a 55% year-on-year drop in Q4 net profit, despite a 28% rise in revenue.
🔻 Shriram Finance -1.09% to ₹641.20 The company's stock dipped amid asset quality concerns and net interest margin compression, as highlighted in recent analyst reports.
🔻 Axis Bank -0.89% to ₹1,171.00 Axis Bank's shares edged lower, possibly due to profit-taking after recent gains and a lack of fresh positive triggers to sustain the upward momentum.

INDIA FRONTIER

Everything else you need to know today

🔍 SEBI Eyes Clean Slate for VC Funds: SEBI is mulling a one-time settlement scheme to wipe the slate clean for old violations by venture capital funds. The move could unlock smoother fundraising paths and regulatory clarity just when India’s startup ecosystem needs investor confidence most.

💰 Gold Prices Flash Warning Signs: Brace for turbulence analysts warn gold prices may nosedive in the next two months. With global cues shifting and investor sentiment cooling.

📊 India’s Services Sector Holds Strong: India's services engine kept humming in May, with PMI numbers showing steady growth and solid demand. As the backbone of the economy flexes resilience.

🏗️ Reliance Infra Gets Breathing Room: Anil Ambani’s Reliance Infrastructure just dodged insolvency for now. NCLAT has paused an NCLT order admitting the firm into bankruptcy, giving shares a 10% lift.

THE HANOOMAAN INSTITUTE

5 Laws of Wealth Building That Tilt the Game in Your Favor

 

Want to build wealth like the top 1%? Steve Burns outlines five timeless principles that go beyond money they unlock momentum.

Here’s the framework that smart founders, investors, and creators follow:

1. The Law of Compounding: Time is your silent business partner. Start early, stay consistent, and let your money multiply. It’s the eighth wonder of the world ignore it at your peril.

2. The Law of Asymmetry: You don’t need to win every time just win big when you do. Seek bets with massive upside and limited downside. One smart call can reshape your net worth.

3. The Law of Leverage: Wealth builders scale through tools, systems, and capital. Blogs, code, teams these work even when you sleep. It’s not about working harder, but multiplying effort.

4. The Law of Networks: Your network is your net worth. Smart relationships open new doors, compound your ideas, and accelerate opportunity. Be intentional with who you spend time with.

5. The Law of Ownership Don’t just earn own. Equity, assets, IP these generate wealth passively. Time-for-money limits scale. Ownership unlocks freedom.

Wealth is a game of strategy, not luck. The unfair advantage? It belongs to those who understand the rules.

SUPERCHARGE YOUR INVESTING SKILLS

STOCK SCREENER TO UP YOUR GAME

Coffee Can Portfolio
by Ashutosh

Sales growth > 10% AND
Sales growth 10Years  > 10% AND
Return on equity > 15% AND
Average return on capital employed 10Years > 15% AND
Market Capitalization > 1000

Thanks for reading.

Until tomorrow!

Hanoomaan India Business team

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