Market News
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Earnings visibility to drive markets; Axis MF’s Karthik Kumar underweight IT, bullish on autos
Karthik Kumar, Fund Manager at Axis Mutual Fund, sees selective opportunities in defence stocks but remains cautious on railways, staples and utilities, and also recommends allocating part of a portfolio to gold.

New mutual fund classification rules introduced: How schemes will be structured
SEBI updates mutual fund scheme categorisation, retaining five groups and setting clear investment thresholds for equity schemes to enhance transparency and comparability for investors.

Emirates Global Boosts Aluminum Sales to US Amid Tight Market
Emirates Global Aluminium, the United Arab Emirates’ top producer of the metal, is boosting shipments to the US despite stiff tariffs, as growing shortages drive American prices to levels that offset the levies.

RBI approves SBI Mutual Fund to acquire 10% stake in RBL Bank
Shares of RBL Bank Ltd ended at ₹329.65, up by ₹4.35, or 1.34%, on the BSE.

This mutual fund expert sees strong growth potential in midcap stocks
Sandeep Bagla of TRUST Mutual Fund sees strong growth potential in Indian midcap equities, driven by economic expansion, policy support, and sectors like technology, consumption, and energy.

Stocks To Buy: Nomura sees up to 37% upside in this Metal share
Earlier this month, the Lloyds Metals' managing director Rajesh Gupta told CNBC-TV18 he expects volumes to rise sharply across key businesses such as pellets, iron ore, coal, gold, copper over the next year, supporting a healthy outlook for earnings.

Deven Choksey sees value emerging as markets correct, bets on metals, select IPOs
Deven Choksey, Managing Director at DRChoksey Finserv, remains positive on the metal space, including Vedanta. He believes white metal commodities are likely to stay strong, supported by steady and resilient demand.

How India’s jewellery buyers are rethinking gold, silver and styling
India’s jewellery market shows changing consumer tastes, with brands noting shifts in metal choices, styles, and a rise in digital purchases.

AI disruption may create new sector winners: Trust MF's Mihir Vora
Trust Mutual Fund CIO Mihir Vora expects IT services firms to adapt their business models over time, while data centre and power infrastructure companies may benefit from rising AI demand. Vora remains constructive on markets, favouring financials, infrastructure, and selective growth sectors.
INR tumbles near three-week low amid surging international oil prices, firm dollar overseas
The Indian rupee plunged 31 paise to settle at 90.99 (provisional) against the US dollar on Friday, tracking a strong American currency against major currencies and higher crude oil prices amid intensifying US-Iran tensions. Positive momentum in domestic equity markets failed to support the Indian unit. Indian shares bounced back on Friday after falling sharply in the previous session on rising geopolitical tensions and uncertainty over the Federal Reserve's rate path. The benchmark BSE Sensex jumped 316.57 points, or 0.38 percent, to 82,814.71. The broader NSE Nifty index surged 116.90 points, or 0.46 percent, to 25,571.25, with metal and banking stocks leading the surge.
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 350 pts, Nifty above 25,550; PSU banks, metal stocks advance - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 350 pts, Nifty above 25,550; PSU banks, metal stocks advanceThe Economic Times
Hindalco Industries Ltd spurts 2.84%, rises for third straight session
Hindalco Industries Ltd is quoting at Rs 931.35, up 2.84% on the day as on 12:49 IST on the NSE. The stock is up 42.51% in last one year as compared to a 12.34% gain in NIFTY and a 39.36% gain in the Nifty Metal index.