Market News

Nifty above 23,250; PSU bank shares in demand

At 10:30 IST, the barometer index, the S&P BSE Sensex, surged 866.07 points or 1.17% to 75,073.31. The Nifty 50 index rose 264.80 points or 1.15% to 23,261.60.

SBI MF Highest, Parag Parikh Not So Much: Mutual Fund Houses That Have Top Exposure To HDFC Bank

Indian mutual funds lost Rs 31,900 crore in wealth as HDFC Bank shares tumbled following the sudden resignation of its part-time chairman.

Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex surges over 900 pts, Nifty above 23,250; Infosys, Eternal jump 2% each

Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 20

Nifty 50, Sensex today: The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,250 level, a premium of nearly 195 points from the Nifty futures’ previous close.

FPIs pull out Rs 89,916 crore in record 15-day sell-off, Nifty slides 10%

Foreign investors have withdrawn a record 89,916 crore from Indian stocks. This outflow over 15 sessions is the largest in two decades. Domestic mutual funds bought 71,183 crore to support the market. Previous heavy selling by foreign investors was also cushioned by domestic fund purchases.

Sensex Today Tanks 1,770 Points | Nifty Below 23,250 | HDFC Bank Down 8% - Equitymaster

Sensex Today Tanks 1,770 Points | Nifty Below 23,250 | HDFC Bank Down 8%Equitymaster

Coal India's arm CMPDIL raises ₹470 cr via anchor investors ahead of IPO

Central Mine Planning and Design Institute (CMPDIL), an arm of state-owned Coal India, on Wednesday said it has mobilised Rs 470 crore from anchor investors, ahead of its initial share-sale opening for public subscription. Life Insurance Corporation (LIC), Nippon India Mutual Fund (MF), Edelweiss MF, ICICI Prudential MF, Baring Private Equity India Fund, General Insurance Corporation of India and Edelweiss Life Insurance Corporation are among the anchor investors, according to a circular uploaded on BSE's website. Also, Societe Generale, Citigroup, Goldman Sachs and BNP Paribas Financial Markets participated in the anchor round. As per the circular, the state-owned firm allotted 2.73 crore equity shares to 22 funds at Rs 172 per piece, aggregating the transaction size to Rs 469.74 crore. Of these funds, LIC has been allocated shares to the tune of Rs 105 crore. CMPDIL's Rs 1,842-crore initial public offering (IPO) will open for subscription on March 20 and conclude on March 24. T

Market Trading Guide: Buy BSE and Atlanta Electricals on Thursday for gains up to 13%

Nifty rose sharply for a third session, driven by auto, IT and consumer stocks. Technical indicators signal bullish momentum, with analysts projecting upside towards 24,250 and support at 23,500, alongside breakout patterns strengthening sentiment.

Radhika Gupta-led Edelweiss AMC launches first hybrid passive index fund: Date, risk factors, other NFO details here

Edelweiss Asset Management Company has launched India's first hybrid passive index fund, which combines equities and government securities through a 70:30 allocation. The fund follows a passive strategy, meaning it simply tracks an index instead of actively picking stocks or bonds.

Jio Financial shares surge over 5% to become Nifty's top day gainer

Jio Financial Services shares surged 5.4% to Rs 250.50 amid strong volumes, extending gains to a second session. The rally was fueled by positive market sentiment and news of Jio Platforms appointing 17 investment banks for its potential IPO. Despite recent underperformance, the stock saw significant trading activity.

Unique Picks: 10 stocks held by only one MF scheme in February; 4 jumped up to 140%

ETMarkets identified 24 stocks held exclusively by single mutual fund schemes, most declining sharply in FY26, while a few delivered strong gains, highlighting concentrated ownership risks and divergent performance trends.

Vinit Sambre positive on insurance, private banks; favors IT firms on skilling and capital disciplin

Vinit Sambre, Head of Equities, DSP Mutual Fund, which manages funds worth $24.30 billion for the period of October-December 2025, said recent market volatility has brought valuations to more reasonable levels, with macro indicators like credit growth and auto sales still improving. He expects growth to recover after near-term disruptions and sees opportunities emerging in IT and BFSI. While uncertainty remains due to global risks, he suggests gradual equity allocation, maintaining a balanced approach with diversified funds and selective deployment as clarity improves.