Market News
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MFs wary of Sebi plan to allow celeb ads, cite mis-selling, edge for big entities
Sebi's proposal to let mutual fund houses use celebrity endorsements has sparked a debate over investor protection and competition. While supporters say it could bring in more first-time investors, critics fear higher mis-selling risks and a growing advantage for large fund houses.
Axis MF unveils digital solution to unlock ₹25 trillion MSME opportunity
Asset manager launches Axis Account Plus, a digital treasury management solution that enables MSMEs to invest surplus working capital seamlessly in liquid and mutual fund schemes
Wockhardt Ltd slips for fifth straight session
Wockhardt Ltd is quoting at Rs 1936.7, down 0.67% on the day as on 13:19 IST on the NSE. The stock jumped 87.69% in last one year as compared to a 6.32% slide in NIFTY and a 15.05% spurt in the Nifty Pharma index.
Adani Power Ltd eases for fifth straight session
Adani Power Ltd is quoting at Rs 222, down 2.22% on the day as on 13:19 IST on the NSE. The stock jumped 87.69% in last one year as compared to a 6.32% slide in NIFTY and a 8.74% spurt in the Nifty Energy index.
Jaiprakash Power Ventures Ltd down for fifth straight session
Jaiprakash Power Ventures Ltd is quoting at Rs 17.67, down 0.79% on the day as on 13:19 IST on the NSE. The stock tumbled 5.24% in last one year as compared to a 6.32% slide in NIFTY and a 8.74% spurt in the Nifty Energy index.
Tata Power Company Ltd eases for fifth straight session
Tata Power Company Ltd is quoting at Rs 385.25, down 0.32% on the day as on 13:19 IST on the NSE. The stock tumbled 5.24% in last one year as compared to a 6.32% slide in NIFTY and a 8.74% spurt in the Nifty Energy index.
Hero MotoCorp Ltd slips for fifth straight session
Hero MotoCorp Ltd is quoting at Rs 4791.7, down 0.45% on the day as on 13:19 IST on the NSE. The stock jumped 13.39% in last one year as compared to a 6.32% slide in NIFTY and a 11.48% spurt in the Nifty Auto index.
Tube Investments of India Ltd slips for fifth straight session
Tube Investments of India Ltd is quoting at Rs 3017.2, down 0.17% on the day as on 13:19 IST on the NSE. The stock tumbled 2.26% in last one year as compared to a 6.32% slide in NIFTY and a 11.48% spurt in the Nifty Auto index.
Canara Bank eases for fifth straight session
Canara Bank is quoting at Rs 124.79, down 0.85% on the day as on 13:19 IST on the NSE. The stock jumped 8.12% in last one year as compared to a 6.32% slide in NIFTY and a 0.31% spurt in the Nifty Bank index.
Union Bank of India down for fifth straight session
Union Bank of India is quoting at Rs 173.2, down 0.78% on the day as on 13:19 IST on the NSE. The stock jumped 12% in last one year as compared to a 6.32% slide in NIFTY and a 0.31% spurt in the Nifty Bank index.
Shriram Finance Ltd gains for fifth session
Shriram Finance Ltd is quoting at Rs 1046.55, up 1.35% on the day as on 12:44 IST on the NSE. The stock is up 50.27% in last one year as compared to a 6.23% fall in NIFTY and a 1.7% fall in the Nifty Financial Services.
Healthcare, banks and EVs remain long-term bets: Invesco Mutual Fund's Taher Badshah
Taher Badshah, Chief Investment Officer at Invesco Mutual Fund, expects EV adoption to increase gradually with policy support, while opportunities are emerging in power distribution alongside transmission. Badshah also said SIP inflows remain stable and mutual fund industry trends are not showing signs of concern.