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Quick Wrap: Nifty PSU Bank Index falls 3.06%
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Wealthtech platform ZFunds launches India’s first AI assistant for new-age wealth managers
ZFunds has launched ZIVA, an AI-powered assistant aimed at helping mutual fund distributors and wealth managers streamline workflows, improve client engagement, and automate portfolio analysis. The platform, tested in a pilot phase, claims to significantly reduce workload while enhancing efficiency through data-driven insights and multilingual support.
Benchmarks extend losses for second day amid escalating US-Iran tensions
The Nifty settled below the 24,200 level. Among sectoral indices, PSU bank, financial services and oil & gas shares declined, while IT, consumer durables and chemical stocks witnessed buying interest.
Nifty trades below 24,200 level; PSU Bank stocks tumble
At 14:30 IST, the barometer index, the S&P BSE Sensex dropped 505.91 points or 0.65% to 77,339. The Nifty 50 index fell 133 points or 0.55% to 24,193.20.

Exclusive: We are building a full-scale investment solutions firm, says Jio BlackRock CEO | Q&A
Jio BlackRock Mutual Fund rapidly climbs to 29th among 52 fund houses, manages about Rs 18500 crore, plans GIFT City SIFs, ETFs and commodity focused ETFs in coming months

BSE wants more participation and products, not just a bigger market share, says CEO
Sundararaman Ramamurthy believes India’s mutual fund penetration remains low relative to the country’s population, leaving significant room for growth as financial awareness and retail participation continue to rise.

Exclusive | Jio BlackRock gets GIFT City nod; to launch commodity ETFs in 3 months, says Sid Swaminathan
Jio BlackRock Mutual Fund gets IFSCA nod to start GIFT City operations, eyes global access for Indian and foreign investors, plans commodity ETFs in gold and silver soon
Sensex, Nifty trade near flatline; European mrkt advance
Auto, media and metal shares advanced while FMCG, IT and PSU Bank shares declined.
Sensex falls 114 points, Nifty closes below 24,350; broader markets outperform
Indian stock markets surged on Thursday, with Sensex and Nifty extending gains for a second day. This rise was fueled by optimism over a potential de-escalation of US-Iran conflict, leading to a broad-based rally across midcap and smallcap indices. PSU Bank stocks led the sectoral gains.
Individual investors sold Rs 13,000 crore worth stocks, but Zerodha clients kept buying: Nithin Kamath
Retail investors sold equities, but Zerodha clients bought heavily, highlighting divergence. Overall, direct retail ownership declined while mutual fund holdings hit record highs, reflecting a structural shift toward professionally managed investments and rising domestic institutional dominance in Indian equity markets
Quick Wrap: Nifty PSU Bank Index gains 2.84%, NIFTY jumps 1.24%
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Baroda BNP Paribas MF sees easing crude boosting rate-sensitive stocks, chemicals
Baroda BNP Paribas Mutual Fund Senior Fund Manager Jitendra Sriram said softer crude prices could improve sentiment for India and support interest rate-sensitive sectors. He believes refining, oil marketing and select specialty chemical companies may benefit if West Asia tensions ease. Sriram also cautioned that higher raw material and logistics costs may pressure corporate earnings over the next few quarters despite resilient recent results. 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.