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Stocks to watch, July 10: L&T Finance, Dixon Tech, TCS, IT stocks, BoM, Indian Bank, Torrent Pharma, SAIL - Upstox
Stocks to watch, July 10: L&T Finance, Dixon Tech, TCS, IT stocks, BoM, Indian Bank, Torrent Pharma, SAILUpstox
Top Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainers - livemint.com
Top Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainerslivemint.com
TVS Motor, Dixon Tech In, Reliance, M&M Out: Which Stocks Made It Into Macquarie's New India Portfolio?
The biggest changes came in the brokerage's tactical portfolio, where it introduced Axis Bank, Hyundai Motor India and Dixon Technologies, while removing Shriram Finance, Reliance Industries and Coal India.
Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains
Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices also climbed. Despite Middle East tensions, Brent crude prices remained below $80, suggesting a potential de-escalation. Analysts remain optimistic, citing rupee appreciation and expected capital inflows as supportive factors for continued market momentum, particularly in mid and small-cap segments.
RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank
The Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its deteriorating financial condition. The bank's inability to meet its obligations and its lack of adequate capital and earning prospects led to this decision. Approximately 97.9% of depositors are expected to receive their full deposit amounts from DICGC upon liquidation.
RBI panel to evaluate impact of quantum tech in finance
The Reserve Bank of India has formed an eight-member committee to explore quantum technology's role in finance. Headed by an IIT Madras professor, the panel will assess opportunities, risks, and challenges. It will also review the financial sector's readiness for quantum-related threats. The committee aims to recommend a roadmap for safe adoption of quantum applications in finance within six months.
Why foreign investors are exiting Nifty giants to hunt in India's small and midcap market
Foreign institutional investors are shifting their focus from India's top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is driven by growth opportunities in sectors like capital goods, manufacturing, and new-age tech, despite an overall decline in FPI holdings in India.
​Bandhan Bank, Urban Company among 18 smallcaps where promoters decreased their stakes in Q4
Promoters reduced their holdings in 18 smallcap companies during the January to March quarter. Bandhan Bank, Urban Company, and Aadhar Housing Finance are among those where promoter stakes fell. This trend was identified in a report by JM Financial. Investors are watching these movements closely.​
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
Q4 Result Today Live Updates: Lloyds Enterprises Swings To Profit; Sasken Tech Profit More Than Triples
Blue Dart Express Ltd., Utkarsh Small Finance and D-Link (India) Ltd. among companies to report earnings today.
Q4 Results Today: SBI, Swiggy, Hyundai Motor, Urban Company Over 75 Companies To Declare Earnings
Titan, Ujjivan Small Finance Bank, Tata Consumer Products, MCX and Kalyan Jewellers India are among the companies that will declare Q4FY26 results on May 8.
Fino eyes asset-light, tech-led small finance bank
Fino Payments Bank is moving forward with its plan to become a small finance bank. The bank will focus on technology and secured lending, avoiding a traditional branch model. This transition is on track despite ongoing leadership reviews. Fino aims to offer home loans, gold loans, and business loans.