Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Premier Energies promoters divest 5.3% stake; JM launches pvt credit fund
The appointments of Saurabh Shukla and Gopalan S Raghavan as executive directors (ED) at BSE come after a regulatory mandate to strengthen governance of exchanges and other market institutions
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyers
Premier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant Mutual Fund. This move coincides with heightened interest in India's solar manufacturing sector, driven by policy support and robust earnings. The company is aggressively expanding its module and cell capacities, with analysts maintaining a positive outlook.
Barbell Strategy For Fixed Income: Here's What Debt Fund Managers Use To Navigate Yield Volatility — Explained
According to Basant Bafna of Mirae Asset Mutual Fund, the 'barbell' strategy broadly involves allocating money at both ends of the duration spectrum rather than concentrating investments in the middle.
BSE indices rejig: TVS Motor Company to replace Adani Enterprises in Sensex 50 index
BSE indices rejig: The BSE 100 index will see the inclusion of four stocks and deletion of equal numbers of stocks. Adani Enterprises, Ashok Leyland, One 97 Communications and CG Power and Industrial Solutions will be included in the BSE 100 index.
Triveni Turbine declares 200% dividend as Q4 net profit and revenue rise
Revenue grew 26.3% to ₹680 crore from ₹538 crore in the same period last year. However, margins declined to to 18.8% from 22.4% YoY. Shares of Triveni Turbine Ltd ended at ₹595.40, down by ₹11.45, or 1.89%, on the BSE today, May 18.
Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
Bajel Projects wins ₹200–₹300 crore 400kV transmission line order from Power Grid SPV
Shares of Bajel Projects Ltd ended at ₹169.95, up by ₹2.35, or 1.40%, on the BSE.
Unique Picks: 6 stocks held by only one MF scheme in April, falling up to 40% in CY26
An analysis of mutual fund portfolios revealed 29 stocks held exclusively by single schemes, with most underperforming in CY26. However, Satin Creditcare Network, Rossell Techsys, and Amanta Healthcare bucked the trend, delivering strong returns. Brooks Laboratories and EFC (I) were among those experiencing significant declines.
Abakkus trims banking exposure, adds solar and power-linked capital goods stocks
Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the correction. The Mumbai-based AMC increased exposure to renewable energy, power-linked capital goods and select metal plays, while trimming some banking exposure. 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.
Aditya Birla Sun Life AMC joins Category III AIF rush with ₹2,000 crore fund
This follows growing investor appetite for Category III AIFs, which are increasingly being used by asset managers and wealth firms to offer hedge fund-like public market products to high-net-worth individuals (HNIs), ultra-HNIs and family offices.
Nestle India, 4 other stocks hit 52-week highs, rally up to 55% in a month
Despite the Sensex declining 252 points, five BSE 200 stocks including Adani Green Energy and Nestlé India hit 52-week highs, reflecting strong momentum and bullish sentiment supported by sharp monthly gains.