Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India’s newest mutual fund: Bhautik Ambani wants to bring global quant power to retail investors - The Economic Times
India’s newest mutual fund: Bhautik Ambani wants to bring global quant power to retail investorsThe Economic Times
IPO-bound Bagmane Reit eyes acquisitions, bets on strong GCC demand
The ₹3,405-crore share sale will fund new asset purchases as the firm targets a growing pool of global corporate tenants, CEO Richard Hugh Andrew told Mint.
Benchmarks slide as crude climbs, Sensex sheds 583 pts, Nifty below 24K
Equity benchmark indices tumbled on Thursday as surging crude oil prices, weak Asian cues and relentless foreign fund outflows battered investor sentiment. The Nifty slipped below the 24,000 mark, weighed down by banking stocks. Most sectoral indices ended in the red, with the Nifty IT index bucking the trend. Brent crude climbed to around $120 per barrel amid rising fears of supply disruptions linked to potential curbs on Irans ports, fuelling inflation concerns in India. Global markets offered little support, pressured by elevated energy prices and uncertainty over the Federal Reserves policy stance. Meanwhile, a sharp slide in the rupee to a record low added to the strain on domestic equities.
Temasek-backed OnEMI IPO opens today: Should you subscribe?
Ahead of the issue opening, OnEMI Technology raised ₹277.7 crore from anchor investors such as Citigroup Global Markets Mauritius, ACM Global Fund VCC, New York State Teachers Retirement System (managed by Goldman Sachs Asset Management), among others.
Where to invest now: SBI MF prefers large caps, pharma, PSU banks
Ruchit Mehta, Head of Research at SBI Mutual Fund, prefers CDMO and hospital plays within pharma, citing stronger growth prospects over generics. He sees large caps as attractive on valuations, while midcaps require selectivity amid earnings risks. PSU banks may outperform in the near term due to stronger loan growth, but asset quality risks could emerge over the next 2–3 quarters if global disruptions persist.
Sensex dives 850 pts, Nifty slips below 24,200 amid oil shock and weak global cues
The equity benchmark indices Sensex and Nifty tumbled on Thursday, extending losses for a second straight session. Firm crude oil prices and ongoing geopolitical tensions rattled sentiment. Brent crude surged for the fourth consecutive day to around $103 per barrel amid uncertainty over US-Iran talks and fresh concerns around the Strait of Hormuz. Weak Asian cues and persistent foreign fund outflows deepened the sell-off. The Nifty slipped below the 24,200 mark, dragged by auto, PSU banks and consumer durables stocks, while pharma and healthcare shares saw selective buying. Investors stayed cautious, closely tracking the ongoing Q4 earnings season for further triggers.
Trent, L&T to HDFC Bank: How are the worst-performing Nifty 50 stocks of last month faring in April? - Mint
Trent, L&T to HDFC Bank: How are the worst-performing Nifty 50 stocks of last month faring in April?Mint
Trent, L&T to HDFC Bank: How are the worst-performing Nifty 50 stocks of last month faring in April?
Earlier this month, DSP Mutual Fund in its strategy report said that it is shifting from a conservative to a constructive view on the Indian stock market, as the correction has brought valuations closer to long-term averages.
Top Gainers & Losers on April 23: Union Bank, Trent, Havells, Ashok Leyland, OLA, Canara Bank among top losers
The Indian stock market faced significant declines on April 23 due to rising geopolitical tensions and high crude oil prices. The Nifty 50 fell 0.86%, while the S&P BSE Sensex dropped 1.12%. Sectoral losses were led by Nifty Auto, which fell 2.28%.
Bank credit growth to ease below 12% in FY27, says ICRA
ICRA sees India bank credit growth easing to about 11 to 11.7% in 2026 to 27, citing global risks, with asset quality stable and profitability slightly lower but healthy.
Stock market crash: Will the Nifty 50 sustain above 24K? These three bank stocks hold key
On April 22, Indian stock markets fell sharply, with the Sensex losing 831 points and Nifty 50 dropping 224 points. The decline was driven by IT and banking sectors amid global uncertainties, including the U.S.–Iran conflict and fluctuating crude oil prices, causing cautious investor sentiment.
Why your portfolio needs more than just India and gold
India offers thousands of mutual funds, but portfolios remain concentrated; true diversification needs global exposure, multiple asset classes, and low-correlation strategies beyond domestic equities.