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Sensex Today Ends 291 Points Higher | Nifty Above 24,100 | Texmaco Rail & Engineering Up 5% - Equitymaster
Sensex Today Ends 291 Points Higher | Nifty Above 24,100 | Texmaco Rail & Engineering Up 5%Equitymaster
Sensex Today Ends 291 Points Higher | Nifty Above 24,100 | Texmaco Rail & Engineering Up 5% - Equitymaster
Sensex Today Ends 291 Points Higher | Nifty Above 24,100 | Texmaco Rail & Engineering Up 5%Equitymaster
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.
ICICI Prudential Mutual Fund trims stake to 7.12% in Kalpataru Projects International
ICICI Prudential Mutual Fund has decreased its stake in Kalpataru Projects International Ltd below 8% through open market transactions, selling 1,498,354 shares since December 2021.
Not Every Mutual Fund Should Be Held Forever. Here Are 5 Reasons To Consider Cashing Out
If one feels that their current fund's performance does not align with their risk appetite, investors may choose to re-allocate their investments.
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex zooms over 850 pts, Nifty above 23,850; realt...The Economic TimesIndian shares join global rally on Gulf peace dealReutersSensex Today | Stock Market Live: Sensex up 860 pts, Nifty above 23,850; MTAR Tech, HDFC Bank, IFCI most activeMoneycontrol.comIndian stocks, rupee rally as crude oil prices drop on West Asia peace deal announcementThe Indian ExpressStock Market Live June 15: Sensex rises 900 points, Nifty tops 23,900; rupee gains on Iran-US deal optimismBusinessLineStock Market LIVE: Sensex off 400 pts from day's high; Nifty below 23,950; Ashoka Buildcon jumps 14%Business StandardSensex jumps 1,200 points: Why is stock market rising today?India TodayFrom Gift Nifty, US-Iran peace deal to crude oil prices: 10 key things that changed for Indian stock market over weekendMintSensex Today Rallies 1,695 Points | Nifty Above 23,600 | 4 Reasons Why Indian Share Markets Are RisingEquitymaster
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)
Adani Energy Solutions to acquire IntelliSmart Infrastructure, a leading smart metering company
Adani Energy Solutions has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100% equity stake in IntelliSmart Infrastructure, a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). The proposed acquisition will strengthen AESL's position as India's largest smart metering platform with over 4.7+ crore smart meters.
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entries
Rajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company faces potential removal from the Rs 18,100 crore ACC Production-Linked Incentive scheme. SEBI's order flagged a circular fund-routing scheme. The company's participation in the battery manufacturing programme is under review.
Two Adani Group stocks in focus as GQG sells stake in Rs 5,750 crore deal; SBI MF lone buyer
Adani Enterprises and Adani Energy Solutions will be in focus after GQG Partners sold stakes worth about Rs 5,750 crore via block deals, with SBI Mutual Fund buying the shares. The move is seen as portfolio rebalancing following a strong recovery in Adani Group stocks over the past year.
Smart money move: Why Groww MF's equity chief is betting on multicap strategies
Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combined with bottom-up investing is suitable for current market conditions. Valuations in mid and small caps have improved, making active stock picking more viable. Tiwari highlights opportunities in financials, industrials, autos, and specialty chemicals.
7 most valued firms' mcap eroded ₹1.25 trn last week, RIL took biggest hit
The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.25 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent. "Persistent FII selling remained the key drag on market sentiment despite supportive developments such as cooling crude oil prices and a recovery in the rupee against the US dollar. Concerns regarding the pace of monsoon advancement also weighed on investor confidence," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation, while HDFC Bank, ICICI Bank, and State Bank of India were the gainers. The market valuation of ...