Market News

Indian Bank, Bank of Maharashtra, Union Bank: Nifty PSU Bank index jumps over 4% on hopes of strong Q1 show - Upstox

Indian Bank, Bank of Maharashtra, Union Bank: Nifty PSU Bank index jumps over 4% on hopes of strong Q1 showUpstox

Nifty PSU Bank soars 4%, Indian Bank up 10% post Q1 nos; analysts upbeat

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Nifty PSU bank index up nearly 4%: Indian Bank rises 10% to lead gains post-Q1 results - Moneycontrol.com

Nifty PSU bank index up nearly 4%: Indian Bank rises 10% to lead gains post-Q1 resultsMoneycontrol.com

Domestic mutual funds overtake FPIs as anchor investors in IPOs: Prime Database

Swarup Mohanty, Vice Chairman & CEO of Mirae Asset Mutual Fund and Pranav Haldea, MD of Prime Database Group explain why mutual funds are becoming more selective, what is driving IPO participation, and how a record pipeline of ₹5 lakh crore worth of IPOs could shape the market.

Nifty Midcap, Smallcap indices hit 52-week highs; what's driving the rally?

Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday's intra-day trade.

Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment

Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.

ICICI Bank Share Price Live Updates: ICICI Bank's Volume Highlights Market Interest

Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth

Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.

Groww says direct mutual funds remain core offering amid confusion over MF Prime

The investment platform clarified that its new MF Prime service is an optional offering for investors seeking research-backed guidance and does not replace its zero-commission direct mutual fund platform.

Groww responds to Nithin Kamath tweet: Direct mutual funds remain free for DIY investors

Groww assures investors direct mutual funds remain free for do-it-yourself users. The platform stated its commitment to zero-commission offerings for these investors. This clarification follows recent discussions regarding mutual fund offerings in the market.

Zerodha will keep direct mutual fund plans for free, says Nithin Kamath

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of charge. He said Coin has helped investors save commissions, while many rival platforms have exited or reconsidered the low-cost direct mutual fund business model.

'Disappeared Or Pivoted': Nithin Kamath Takes Swipe As Groww Shifts To Regular MFs

Kamath defends direct MFs as Groww expands into regular mutual fund offerings.