Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SBI Funds IPO DRHP: India's Largest AMC, Rs 11,693 Crore OFS, SBI And Amundi Selling — All You Need To Know
SBI Funds Management manages mutual funds, portfolio management services, alternative investment funds and offshore funds under the SBI Mutual Fund brand.
Stocks To Watch Today: TCS, Anand Rathi Wealth, Bajaj Finserv, Restaurants Brand Asia, JSW Cement & More
Here's a look at stocks that are likely to be in focus during the trading session on Friday.
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Six of top-10 firms add ₹88,678 crore in mcap, ICICI Bank biggest winner
The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 per cent, and the NSE Nifty went up by 42.9 points, or 0.17 per cent. "Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro were the gainers, Bharti Airtel, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation. The market valuation of ICICI Bank jumped Rs ...
Trust MF CIO sees revival in corporate cycle, stays bullish on mid and smallcaps
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains bullish on renewable energy, with a preference for solar, and is betting on transmission and distribution companies as well as commercial clean energy suppliers catering to sectors such as data centres.
India shares higher at close of trade; Nifty 50 up 0.57% - Investing.com India
India shares higher at close of trade; Nifty 50 up 0.57%Investing.com IndiaClosing Bell: Nifty nears 24,000, Sensex climbs 544 pts; IT, FMCG and realty lead gainsMoneycontrol.comSensex Today Trades Higher | Nifty Above 23,900 | Bajaj Finance & TCS Top GainersEquitymaster
Sensex Today Trades Higher | Nifty Above 23,900 | Bajaj Finance & TCS Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,900 | Bajaj Finance & TCS Top GainersEquitymaster
Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentiment - BusinessLine
Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentimentBusinessLineSensex Today | Stock Market Live: Nifty above 23,900, Sensex up 300 pts; HCL Tech, SBI, Bajaj twins, L&T top gainersMoneycontrol.com7 Reasons Why Indian Stock Market is Rising TodayEquitymasterNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 16 JuneMintClosing Bell: Sensex jumps 736 pts, Nifty closes above 23,800 on US-Iran peace deal announcementMoneycontrol.comSensex Today Rallies 737 Points | Nifty Above 23,850 | 4 Reasons Why Indian Share Markets Are RisingEquitymasterSensex Today Rallies 1,035 Points | Nifty Above 23,900 | Bajaj Finance & Asian Paints Top GainersEquitymasterStock market today: Sensex jumps over 1,100 points, Nifty 50 above 23,950 on US-Iran peace deal optimism. Outlook ahead?MintNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 15 JuneMint
Mcap of 8 most valued firms surges by ₹1.90 trn, ICICI Bank shines
The combined market valuation of eight of the top-10 most valued firms surged by Rs 1.90 lakh crore last week, with ICICI Bank stealing the show, in tandem with a rally in equities. Last week, the BSE benchmark Sensex jumped 1,284.61 points, or 1.73 per cent, and the NSE Nifty surged 256.2 points, or 1 per cent. "Indian equity markets ended a volatile week on a strong note, snapping a two-week losing streak amid improving global sentiment and supportive measures from the Reserve Bank of India (RBI) aimed at attracting foreign currency inflows," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Investor confidence improved on optimism surrounding a potential USIran peace deal, which raised hopes of easing geopolitical tensions and stabilising energy markets, he added. From the top-10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Tata Consultancy Services (TCS)
Sebi mulls easing executive remuneration disclosure norms for AMCs
Markets regulator Sebi on Wednesday proposed easing executive remuneration disclosure requirements for asset management companies (AMCs) by replacing individual name-wise disclosures with consolidated disclosures, citing industry concerns over privacy and competitive disadvantages. "This would provide a holistic and structured view of senior management compensation, enabling unitholders to assess the overall quantum of remuneration at the senior management level, while aligning the level of disclosure with considerations of materiality and proportionality," Sebi said in its consultation paper. Currently, mutual fund AMCs are required to disclose on their websites the remuneration of chief executive officers (CEOs), chief investment officers (CIOs), chief operating officers (COOs), the top 10 highest-paid employees, and all employees earning at least Rs 1.02 crore annually or Rs 8.5 lakh per month if employed for part of the year. Sebinoted that while listed AMCs are already subject
Tata Mutual Fund Curbs Large Inflows Into Gold ETFs Amid Record Surge in Demand
Tata Mutual Fund offers investors two routes to gain exposure to gold ETFs.