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Banks remain top sector bet, see value in IT at current valuations: UTI AMC's Vetri Subramanian
UTI AMC CEO Vetri Subramanian said banking and financial stocks remain his highest-conviction investment idea as favourable valuations, healthy balance sheets and sustained credit growth could support earnings growth and a valuation re-rating. He also said current IT valuations justify staying invested, with AI integration likely to create opportunities for Indian technology companies, while urging caution on sectors trading at elevated valuations such as defence.
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.
MF Picks: 13 stocks surge up to 230% in just 3 months; 3 turn multibaggers
Thirteen BSE 500 stocks surged 60%–230% in just over three months after mutual funds increased their holdings in the March 2026 quarter, with HFCL, Cemindia Projects and Aditya Infotech emerging as multibaggers.
Vodafone Idea shares end with gains of over 2% after an upmove in the last hour of trade; Here's why
Vodafone Idea shares are likely to see flows worth $25 million for 164.3 million shares in the Nifty 200 Momentum 30 index, $5 million or 33.9 million shares in the Nifty 500 Momentum 50 Index.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
MF favourites: 12 smallcap stocks surge up to 240% in CY26; 3 turn multibaggers
Twelve smallcap stocks have surged up to 240% in CY26 so far, with three turning multibaggers, driven by strong mutual fund participation. Data shows rising institutional interest across 202 stocks held by over 50 MF schemes, with MTAR Technologies, HFCL and Apar Industries among the top outperformers this year.
SEBI's open-market buyback return may boost shareholder value: EY India
SEBI's decision to allow open-market share buybacks from August 1 is expected to provide companies with greater flexibility in returning capital to shareholders, according to Mitul Shah of EY India and Bhavesh Shah of Equirus Capital. The move comes after tax changes made open-market buybacks viable again. Experts believe the route could support stock-price stability, improve capital allocation and encourage buyback activity among cash-generating companies with limited capital expenditure needs.
Top 10 winners and losers of Nifty 500 index during the US-Iran war: HFCL, Ola Electric surge while Vedanta, RVNL sinks
The US-Iran conflict has led to a 4-5% decline in Indian equity markets. Investor sentiment is dampened by geopolitical tensions and rising oil prices. While negotiations offer hope, concerns over delayed talks and volatility linger, impacting stock performance across sectors.
Mohandas Pai backs SEBI's buyback revival, says battered markets are ideal for creating shareholder value
Welcoming SEBI's decision to restore open-market buybacks, Mohandas Pai said Indian companies holding large cash reserves should use market corrections to repurchase undervalued shares, while Equirus' Bhavesh Shah expects more firms to opt for the exchange route due to its greater flexibility.
Sebi approves open-market buybacks, eases mutual fund borrowing norms
The market regulator also cleared a faster approval route for alternative investment funds and aligned norms for securitised debt instruments with RBI rules
Beyond Vedanta: The other Anil Agarwal stock that just exploded 500% on AI boom
Sterlite Technologies, a Vedanta-backed optical fibre manufacturer, has witnessed an extraordinary 500% surge in its stock value in 2026, driven by the global AI boom. This rally is fueled by the escalating demand for high-speed connectivity infrastructure, particularly for data centers.
Tata Motors among 4 stocks showing bullish RSI upswing
Four Nifty 500 stocks that gained more than 8% were identified through StockEdge.com's RSI Trending Up scan on June 12. The stocks showed RSI values crossing above 50 from lower levels, indicating strengthening momentum. The list includes Tata Motors, Tata Teleservices (Maharashtra), Netweb Technologies India and Authum Investment & Infrastructure.