Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Coal India shares fall up to 3% on this CNBC-TV18 exclusive on a potential stake sale
CNBC-TV18 has reached out to both Coal India and the Department of Investment and Public Asset Management (DIPAM) and is awaiting a response from both.
Aditya Birla Sun Life AMC joins Category III AIF rush with ₹2,000 crore fund
This follows growing investor appetite for Category III AIFs, which are increasingly being used by asset managers and wealth firms to offer hedge fund-like public market products to high-net-worth individuals (HNIs), ultra-HNIs and family offices.
SBI Q4 Preview: Can the largest PSB deliver good profits despite treasury pain?
SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and resilient margins. Brokerages expect modest profit growth, steady asset quality and stable credit costs, while investors will closely track management commentary on margins, deposits, loan growth and the impact of a lower interest-rate environment.
Coforge among 6 F&O stocks with a sharp rise in futures open interest
Six stocks in the NSE F&O segment recorded a sharp rise in futures open interest on May 6, signalling increased trader participation and fresh positioning. Larsen & Toubro, HDFC Life Insurance, Amber Enterprises, Nippon Life India Asset Management, Coforge and Godfrey Phillips India saw open interest rise over 10%.
GCC NRIs raise India equity bets; Motilal Oswal AMC gets NPS fund nod
GCC-based NRIs are increasing exposure to Indian equities while real estate sees outflows, as Motilal Oswal Asset Management Company enters the NPS pension fund space
Ruchit Jain of Motilal Oswal suggests Granules India, Nippon Life, and SRF shares to buy for the short term
The Nifty 50 and Sensex increased on May 6, supported by a government credit guarantee scheme for businesses. Investor sentiment improved due to positive earnings reports and falling oil prices, suggesting resilience in markets despite recent challenges.
OpenAI Finalizes $10 Billion Joint Venture With PE Firms to Deploy AI
OpenAI has raised more than $4 billion from investors including TPG, Brookfield Asset Management, Advent and Bain Capital for a firm focused on helping businesses leverage its AI software, Bloomberg reported on Monday.
Aadhar Housing Finance Q4 profit surges 27% to Rs 311 crore on strong growth and expansion
Aadhar Housing Finance reported 27% Q4 profit growth to Rs 311 crore, driven by strong loan disbursements and business expansion. Assets under management rose 20%, while asset quality remained stable. The lender targets continued growth with branch expansion plans.
Enduring wealth, lasting wellness. People in India are living longer. Are they also living well?
India's rising life expectancy faces a longevity paradox, with increased years not always translating to good health, compounded by rising medical inflation and low insurance penetration. Standard Chartered is bridging this gap by integrating health and wealth management through partnerships with Niva Bupa and WHOOP, focusing on proactive wellness and curated experiences for affluent clients.
Distributors skirt SIF certification norms as talent shortage bites
Unqualified sub-brokers are reportedly selling specialized investment funds, violating regulations as the segment faces a lack of certified sellers. This practice will likely concern Sebi, which will then hold asset management companies accountable, regulatory experts said.
Edelweiss Financial shares tank 10% after Q4 net profit drops 17% to Rs 87.60 crore; firm announces dividend
Edelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure on earnings and revenue, the company showed steady growth in asset management and insurance segments. It also announced a dividend, while management flagged global uncertainties impacting the outlook.
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.