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Nifty trades above 24,050; PSU bank shares advance
At 14:30 IST, the barometer index, the S&P BSE Sensex jumped 615.77 points or 0.81% to 77,124.25. The Nifty 50 index rose 188.45 points or 0.79% to 24,070.50.
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying
India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology spending opportunities. The sector is no longer considered expensive, but earnings visibility remains a concern.
Quick Wrap: Nifty PSU Bank Index declines 2.72%, NIFTY Tumbles 2.12%
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Sensex settles 1,677 pts lower; Nifty ends below 23,900 level; VIX zooms 24.85%
The Nifty settled below the 23,900 level. All the sectoral indices ended in the red on the NSE, with PSU bank, private bank and FMCG stocks declining the most.
Nifty trades below 23,900 level; PSU bank shares decline
At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 1,699.55 points or 2.17% to 76,481.17. The Nifty 50 index lost 499.70 points or 2.05% to 23,893.50.
India's mutual fund industry just beat FIIs in a historic first. Here's what changed
India's mutual fund industry has overtaken foreign institutional investors in total assets under custody for the first time, marking a historic shift in market ownership. Strong SIP inflows and sustained domestic participation have driven the milestone, even as FII holdings declined amid continued selling and changing global investment trends.
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.
Sensex dips 600pts intraday, Nifty at 24,207 on West Asia crisis, oil surge
Among the sectoral indices, the Nifty Auto, Nifty FMCG, Nifty Oil & Gas, and Nifty PSU were the top losers -- down more than 1 per cent each.
Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple
Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.

Market's worst phase is over; focus on picking the right stocks, says Quant Mutual Fund's Sandeep Tandon
Sandeep Tandon believes the next few months will reward investors who pick strong companies rather than simply betting on the broader market, with infrastructure, power and select energy stocks among his top bets.

SBI Mutual Fund IPO Review: A Complete DRHP Analysis - Groww
SBI Mutual Fund IPO Review: A Complete DRHP AnalysisGroww

This railway PSU stock surged 8% after bagging a multi-million dollar order; Details here
Shares of RITES are trading 8.1 higher on Tuesday at ₹233.76 after the order win announcement. The stock is the top gainer on the Nifty 500 index today. The stock had made a record high of ₹413.08 on February 27, 2024, from which it has declined over 40%.