Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Deal done, but don't count on cheap Oil yet; cautions Mirae Asset Sharekhan
Shipping data firm Kpler estimates that daily transits may rise to around 40 vessels within the first month - less than half the pre-war average of 100, says Mohammed Imran, of Mirae Asset Sharekhan.
Sebi proposes changes to ETF trading norms
The Securities and Exchange Board of India (Sebi) has proposed significant changes to the trading framework for Exchange-Traded Funds (ETFs). These reforms aim to enhance price discovery by introducing dynamic price bands and a new base price determination methodology. A pre-open call auction mechanism for commodity ETFs is also planned to better align trading limits with underlying asset movements.
NSE Indices launch 11 new sectoral indices including Nifty Power and Nifty Hospitals
NSE Indices has introduced 11 new sectoral benchmarks, taking its total sectoral index count to 34. The move aims to deepen sector-specific market coverage, support the growing passive investment ecosystem and provide fund managers with new benchmarks for ETFs, index funds and thematic products.
Risks cloud hover over microfinance
The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopolitical conflicts. The microfinance market, meanwhile, turned the corner with the fourth quarter showing Rs 77,524 crore in loan disbursement, the highest in the last eight quarters. The sector's asset quality stress also subsided with the share of the portfolio which remained unpaid for 31 to 180 days being at 2%, as of end-March, compared with 6.3% a year ago.
Top Gainers & Losers on June 12: MTAR Tech, Ashok Leyland, Tata Motors, Anant Raj, UCO Bank, HPCL among top gainers
The Indian stock market surged on June 12, with the Nifty 50 and Sensex gaining 2% and 2.1%, respectively, amid easing tensions in the Middle East. Strong buying across sectors, particularly in auto and real estate stocks, marked the day despite some laggards.
ESAF Small Finance Bank's total business crosses Rs 50,000 cr
ESAF Small Finance Bank has achieved a significant milestone. Its total business has now surpassed Rs 50,000 crore. Deposits reached Rs 26,197 crore and advances stood at Rs 23,832 crore. The bank also reported a net profit of Rs 24 crore for the fourth quarter ended March 2026. Asset quality improved with lower NPAs.
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.
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%.
INR pares initial losses and settles largely unchanged
The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).
ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
Gold ETFs Break 13-Month Win Streak As Investors Pull Out Rs 725 Crore In May
Net gold ETF outflows stood at Rs 725 crore, according to data released by the Association of Mutual Funds in India
Sensex rises over 200 points, Nifty above 23,400 as investors eye RBI MPC meet outcome
Indian stock markets are trading higher today. Sensex and Nifty are extending their gains for a second day. Investors are keenly watching the Reserve Bank of India's Monetary Policy Committee meeting. Market analysts expect the RBI to hold interest rates but signal future hikes. This policy decision will influence banking, auto, and real estate sectors.