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United Spirits Ltd soars 1.03%
United Spirits Ltd is quoting at Rs 1366.3, up 1.03% on the day as on 12:49 IST on the NSE. The stock is down 1.11% in last one year as compared to a 5.02% drop in NIFTY and a 8.13% drop in the Nifty FMCG index.
Britannia Industries Ltd gains for third straight session
Britannia Industries Ltd is quoting at Rs 5373, up 2.11% on the day as on 12:49 IST on the NSE. The stock is down 7.27% in last one year as compared to a 5.02% slide in NIFTY and a 8.13% slide in the Nifty FMCG index.
From AI to SIPs: Edelweiss Mutual Fund's Radhika Gupta on what investors should watch now
Radhika Gupta of Edelweiss Mutual Fund urges balanced investing amid AI and geopolitical risks, highlighting sector bets and India’s improving earnings outlook.
ICICI Pru's S Naren expects moderate market returns, backs gold in diversified portfolios
S Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said improving macro conditions have strengthened India's outlook but global AI-led capital flows continue to favour overseas markets. Naren reiterated his preference for diversified multi-asset investing over concentrated equity or standalone gold ETF exposure.
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of India - livemint.com
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of Indialivemint.com
S Naren explains why people should not invest in Gold and Silver at this point
S. Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said investors who rushed into precious metal ETFs earlier this year ignored asset allocation principles and have since faced losses. He said gold remains useful for portfolio diversification, but prefers exposure through multi-asset funds, while warning that a potential cut in the 15% customs duty could weigh on returns from standalone gold and silver investments.
Sukanya Samriddhi vs Mutual Fund SIP For A Girl Child: What Gives Better Returns?
SSY remains one of the best government-backed savings schemes for a girl child.
Prudential HCL Health Insurance gets IRDAI nod
India's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, backed by Prudential Group Holdings and HCL Group, aims to tap into the growing demand for medical cover. The approval also signals broader regulatory changes, including new accounting standards and a policyholder protection fund. Prudential's presence in India is significantly expanding with this new health insurance arm.
Nifty reclaims 24,000 as auto, FMCG stocks drive market rebound
Benchmark indices snapped a two-day losing streak on Wednesday, supported by broad-based buying in auto, FMCG and financial stocks, while IT shares remained under pressure following KPIT Technologies' weak Q1 FY27 outlook. The Nifty reclaimed the 24,000 mark, while broader markets also ended higher. Positive global cues and value buying in beaten-down large-cap stocks lifted overall market sentiment.
Top Gainers & losers on 1 July: Reliance Power, Delhivery, Eternal, Paytm, MCX, Dabur India among top gainers
The Indian stock market opened positively in July, led by strong buying in realty, FMCG, and auto stocks, with Nifty 50 at 24,005 and Sensex at 76,873. However, IT and metal sectors saw declines as geopolitical tensions impacted crude oil prices.
Stock Market Closing Bell: Sensex Rises 440 Points, Nifty Reclaims 24,000; Realty, FMCG Shine - News18
Stock Market Closing Bell: Sensex Rises 440 Points, Nifty Reclaims 24,000; Realty, FMCG ShineNews18
Indian markets are not fragile; tepid Q1 earnings priced in: Radhika Gupta
Markets are either portrayed as unstoppable or extremely fragile, whereas the truth generally lies somewhere in between, says Radhika Gupta of Edelweiss Mutual Fund.