Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Kotak Mahindra Bank shares fall over 3% after Q1 update; advances jump 15% to Rs 5.12 lakh crore
Kotak Mahindra Bank's shares dipped over 3% following its Q1 FY27 business update. While net advances saw a healthy 15% year-on-year jump to Rs 5.12 lakh crore, and total deposits grew nearly 12%, a sequential slowdown in deposit growth and a dip in current and savings account deposits may have concerned investors. The bank also recently announced the acquisition of Deutsche Bank's India retail and wealth management business.
This small-cap stock has doubled investor wealth in just 3 months; check details
Bluspring Enterprises has seen a remarkable 112% surge in three months, rallying 194% from its 52-week low. The stock reached a 52-week high of ₹131.60 following substantial order wins from its subsidiary STEAG Energy Services, enhancing its order book significantly.
Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone
Adani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development. This significant feat, accomplished within a decade, generates enough clean electricity annually to power nearly 3% of India's needs. The company's expanding portfolio, including solar, wind, and battery storage, underscores its pivotal role in accelerating the nation's clean energy transition and bolstering energy security.
Beyond Valuations: Philip Fisher's timeless guide to quality stock investing
Legendary investor Philip Fisher championed a qualitative approach to stock picking, emphasizing exceptional businesses with strong management and durable competitive advantages. His 15-point checklist, still relevant today, guides investors to look beyond numbers, focusing on long-term growth potential, innovation, financial strength, and, crucially, management integrity. Fisher's philosophy stresses that identifying outstanding companies and holding them for the long haul is key to building lasting wealth.
The AGM challenge: Mukesh Ambani seeks fresh RIL momentum after Rs 1.5 lakh crore wealth wipeout
Reliance Industries Chairman Mukesh Ambani faces shareholder scrutiny at the AGM following a Rs 1.5 lakh crore market cap decline. Investors seek clarity on Jio IPO timelines, AI monetization, and new energy ventures, anticipating fresh triggers to revive stock sentiment amidst steady earnings growth.
Dipan Mehta sees long-term wealth creation in NSE listing, turns cautious on defence
Dipan Mehta, Director of Elixir Equities expects the upcoming NSE listing to attract strong investor interest, citing its attractive valuation relative to BSE and long-term growth potential. He stayed upbeat on power transmission stocks like GE Vernova T&D, Hitachi Energy and Siemens, citing strong order books and limited Chinese competition. He turned cautious on defence stocks after their sharp rally, warning of execution risks once geopolitical tensions ease. On Tata Motors, he backed the India business despite Jaguar Land Rover's conservative guidance rattling investors.
Stocks to Watch today: Lenskart, ZEEL, REC, PFC, Eternal, Airtel and more
Stocks to watch today: Lenskart, Zee Entertainment, REC, PFC, Eternal, Airtel, Tata Consumer Products, Vascon Engineers, Nuvama Wealth, Rajesh Exports, among others, will be in focus today.
SpaceX IPO Puts a Spotlight on How the Newly Wealthy Shop for Financial Advisors
Current and former employees are seeking advisors and some are hoping for discounts on wealth management fees.
Maruti Suzuki to invest Rs 925 crore by FY31 towards green energy initiatives
Maruti Suzuki India Ltd announced a Rs 925 crore investment by FY 2030-31 for green energy, including two biogas projects. A new 10 TPD biogas plant will be set up at its Kharkhoda facility by FY 2026-27, while the Manesar plant's capacity has been expanded. These initiatives aim to reduce fossil fuel dependence and align with the government's 'Waste-to-Wealth' mission.
Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27
Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth management and credit card services in the latter half of the current fiscal year. Development of cash management services for corporate clients is also underway. These initiatives aim to boost the bank's financial performance and non-interest income.
ET Alpha Wealth Summit: S Naren shares blueprint for investing in a boring market
ICICI Prudential AMC CIO S. Naren described the current market as a “boring phase,” marked by a tug-of-war between FIIs and domestic mutual funds. At the ET Alpha Wealth Summit, he outlined five market-cycle phases, warning that parabolic asset rallies and leveraged investing are classic signs of bubbles.
Devang Mehta prefers capital market stocks over IT sector
Devang Mehta, Deputy MD & CIO-Equity at Spark Private Wealth Management, said India’s ongoing shift toward investing through mutual funds, PMS, wealth managers and capital market platforms offers a long-term growth opportunity. While remaining cautious on large-cap IT stocks due to weak growth visibility, he prefers capital market-linked businesses, power automation, engineering, manufacturing and discretionary consumption sectors, citing their potential to benefit from structural trends over the next three to five years. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.