Market News

Unique Picks: 6 stocks held by only one MF scheme in April, falling up to 40% in CY26

An analysis of mutual fund portfolios revealed 29 stocks held exclusively by single schemes, with most underperforming in CY26. However, Satin Creditcare Network, Rossell Techsys, and Amanta Healthcare bucked the trend, delivering strong returns. Brooks Laboratories and EFC (I) were among those experiencing significant declines.

Tata Motors PV Share Price Live Updates: Tata Motors PV showcases high beta value

Quantum's Nilesh Shetty bullish on private banks and IT, avoids capital goods

Portfolio Manager Nilesh Shetty of Quantum Advisors remains positive on private sector banks and IT services, citing attractive valuations and long-term growth potential. He believes markets may have overreacted to AI-related concerns in IT stocks, while financials continue to offer value despite near-term economic uncertainties. Shetty remains cautious on capital goods and power-linked companies due to elevated valuations and says Quantum has no exposure to the space. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Abakkus trims banking exposure, adds solar and power-linked capital goods stocks

Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the correction. The Mumbai-based AMC increased exposure to renewable energy, power-linked capital goods and select metal plays, while trimming some banking exposure. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Pace Digitek secures order worth Rs 702 cr from Damodar Valley Corporation

The contracts with a combined value of Rs 702 crore (including GST), comprise supply contract, EPC services contract and long-term operation & maintenance (O&M) contract. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and 12-year comprehensive O&M, along with associated civil, structural and evacuation infrastructure works.

Market Trading Guide: Buy Nippon Life, Bharat Dynamics on Friday for gains up to 14%

Nifty ended marginally lower despite showing a consolidation breakout and improving technical indicators. Analysts expect bullish momentum to continue with upside potential in the near term. Nippon Life India Asset Management and Bharat Dynamics were highlighted as attractive trading opportunities based on strong chart patterns.

Aditya Birla Sun Life AMC joins Category III AIF rush with ₹2,000 crore fund

This follows growing investor appetite for Category III AIFs, which are increasingly being used by asset managers and wealth firms to offer hedge fund-like public market products to high-net-worth individuals (HNIs), ultra-HNIs and family offices.

AMD shares hit record high, spark global chips rally on AI demand optimism

AMD jumped 14.9% and was ‌set to add more than $86 billion in market value, if gains hold. Rival Intel also rose 1.9% to a record high, while chip designer Arm Holdings surged 10.1% and chipmaker Qualcomm gained 1.6%.

InvestingPro Fair Value identifies 59% gain in Enviro Infra Engineers By Investing.com - Investing.com India

InvestingPro Fair Value identifies 59% gain in Enviro Infra Engineers By Investing.comInvesting.com India

Six companies to see equity worth ₹64,000 crore free up this week; 85% belongs to one stock

As many as six companies, Deepak Builders, Afcons Infra, Emmvee Photovoltaic, Studds Accessories, Lenskart Solutions and Orkla India, will see their respective shareholder lock-ins end this week. The cumulative value of the shares that will free up for trade is worth nearly ₹64,000 crore, based on their respective closing price levels from last Thursday. Of this, nearly 85% of that value belongs to only Lenskart.

India’s newest mutual fund: Bhautik Ambani wants to bring global quant power to retail investors - The Economic Times

India’s newest mutual fund: Bhautik Ambani wants to bring global quant power to retail investorsThe Economic Times

Vedanta's 65% share price crash an illusion, the stock is down just 5%. Here's why

Vedanta shares adjusted significantly post-demerger, appearing to crash but actually declining 5% as four entities (Aluminium, Power, Oil & Gas, Steel) were separated. This restructuring aims to unlock shareholder value by allowing independent businesses to be valued more fairly. The demerger, approved by NCLT, sees the base metals business remain with a restructured Vedanta, while new entities will list separately.