Market News

13 stocks held by 100+ MFs in May surged up to 85% in just over 5 months

Stocks with strong mutual fund backing delivered sharp gains in CY26, with 13 names rising 40% to 85% in just over five months. Data show 268 stocks held by over 100 schemes, signalling broad institutional conviction and reinforcing momentum in select high-performing counters across sectors.

PL Capital cuts Nifty 50 target to 26,449; ICICI Bank, Titan, Bharti Airtel among top conviction picks - Mint

PL Capital cuts Nifty 50 target to 26,449; ICICI Bank, Titan, Bharti Airtel among top conviction picksMint

HDFC Bank share price jumps over 2%, among top gainers on Bank Nifty - Mint

HDFC Bank share price jumps over 2%, among top gainers on Bank NiftyMint

Bank Nifty Traders Build Massive Positions At 56,000 Strike As F&O Activity Jumps 90%

Data on open interest since the last expiry showed total Bank Nifty options open interest rose 90.04% to 1.32 million contracts.

India's gold demand picks up, China premiums ease: What is driving the trend

India gold demand rises on price dip as China premiums ease, with cautious buying, ETF outflows, and central bank reserves shaping the global bullion outlook.

Gold loses shine? ₹725 crore exits Gold ETFs - Should mutual fund investors be worried?

Gold ETFs experienced a net outflow of ₹725 crore in May, marking the first month of redemptions after 13 months of inflows. Despite this, experts suggest the market sentiment towards gold remains intact, viewing the trend as a result of profit booking. Silver ETFs also faced continued outflows.

Indices trade with major gains; PSU bank shares in demand

At 11:30 IST, the barometer index, the S&P BSE Sensex, jumped 764.71 points or 1.04% to 74,597.26. The Nifty 50 index rose 194.50 points or 0.84% to 23,356.10.

Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?

Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential peace deal between the US and Iran. Oil prices declined and the Indian Rupee strengthened, boosting overall market sentiment. Several major bank stocks experienced gains, indicating renewed investor confidence in the banking sector.

Banking shares in demand; HDFC Bank, BoB, Union Bank gain up to 3%

In the past one week, the Nifty Bank outperformed the market by gaining nearly 3%, as against 0.05% decline in the Nifty 50.

A coffee producer and exporter is the newest purchase made by SBI Mutual Fund; Details here

Shares of Vintage Coffee and Beverages ended 2.7% higher on Thursday at ₹160.4. The stock has been an underperformer, having gained only 15% in the last five years. Over the last 12 months, the stock has risen 34%.

Axis Bank Share Price Live Updates: Axis Bank's monthly performance highlights

Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends gains to over 300 pts; Brent below 90

Sensex Today | Stock Market LIVE Updates: The Nifty needs to close above 23,366 to prevent a fourth straight weekly loss. The Nifty Bank remains the index to watch as it has outperformed the Nifty this week and ensured that the Nifty losses are kept in check despite the underperformance of Indian IT.