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Biometric UPI transactions top 600 million in June, says NPCI
Biometric UPI transactions surpassed 600 million in June, indicating strong user preference. This secure authentication method reduces reliance on UPI PINs for faster payments. The feature supports various transactions, including RuPay Credit Card on UPI payments. Banks and UPI apps are increasingly adopting this convenient and efficient payment solution. Wider adoption is expected to further solidify UPI's position as India's preferred digital platform.
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.

Top Banks Drag Bank Nifty: SBI, PNB, Bank Of Baroda, Canara Bank Fall; ICICI Bank Bucks The Trend
Bank Nifty declined after losses in SBI, Bank of Baroda, PNB and Canara Bank, while options data showed fresh short bets.
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portfolios with global exposure, and expects double-digit equity returns, while cautioning against relying on outdated market narratives.

Here's why HSBC prefers private banks over its PSU peers — Check top picks
HSBC has now increased its profit after tax (PAT) estimates for large private banks under its coverage by 1% to 6% across financial year 2027-2029.
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 crore
Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 crore
Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as HDFC Bank or ICICI Bank, are unlikely to reduce SMS alerts for such transactions to ensure their reputation for technology adoption and customer experience isn’t compromised.

Top Gainers & Losers on 7 July: Trent, Kalyan Jewellers, Cochin Shipyard, Tejas Networks, BSE among top losers
The Indian stock market's bull run ended on July 7 as benchmark indices fell due to profit booking, particularly in auto and metal sectors, despite gains in IT stocks. The Nifty 50 settled 0.25% lower, while Sensex dropped 387 points, breaking their winning streak.

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
MF Picks: 13 stocks surge up to 230% in just 3 months; 3 turn multibaggers
Thirteen BSE 500 stocks surged 60%–230% in just over three months after mutual funds increased their holdings in the March 2026 quarter, with HFCL, Cemindia Projects and Aditya Infotech emerging as multibaggers.