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SBI Funds Management fixes price band for ₹11,692 crore IPO; Details here
At the upper end of the price band, SBI Funds Management will have a market capitalization of nearly ₹1.17 lakh crore, which puts it at par or even higher than many Nifty 50 companies.
SBI Fund Management IPO to open on July 14; SBI to sell 6.3% stake through OFS
The IPO comprises an offer for sale (OFS) of up to 20.37 crore equity shares, representing up to 10.0013% of SBI Funds Management's paid-up equity share capital.
New derivatives tied to Nifty index designed for FPI get Sebi nod
NSE gets regulatory approval for foreign investor-focused derivatives as India seeks to deepen market access and revive overseas flows
INR tumbles sharply against US dollar as oil prices soar on renewed US-Iran tensions; Sensex, NIFTY plunge over 2%
The Indian rupee tanked 59 paise to settle at 95.55 (provisional) against the US dollar on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar. The US military attacked Iran early Wednesday after it said Tehran struck three ships in the Strait of Hormuz, part of an American effort that also revoked the Islamic Republic's ability to openly sell crude oil in the world market. Iran retaliated with strikes targeting Bahrain and Kuwait. Following the strikes, global crude oil prices rose exponentially. Brent crude, the global oil benchmark, was trading higher by 6.16 per cent at USD 78.73 per barrel in futures trade. The Indian stock market also suffered a massive crash, with the NSE Nifty 50 plunging 516.65 points (2.12%) to close at 23,882.05, while the BSE Sensex tanked 1,677.12 points (2.15%) to settle at 76,503.60.
Why did the stock market crash today? 5 reasons behind the sharp fall in Sensex and Nifty - theweek.in
Why did the stock market crash today? 5 reasons behind the sharp fall in Sensex and Niftytheweek.in
Quick Wrap: Nifty PSU Bank Index declines 2.72%, NIFTY Tumbles 2.12%
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Share Market Today: Nifty 50, Bank Nifty | July 08, 2026 - Liquide Blog
Share Market Today: Nifty 50, Bank Nifty | July 08, 2026Liquide Blog
EV push threatens CNG and PNG market as city gas firms brace for volume and price pressure: Report
Electric vehicles are gaining ground fast in key city gas areas and the surge is starting to eat into CNG market share and could weigh on long-term PNG demand too, according to a report by brokerage firm Dolat Capital. This comes in contrast to City Gas Distributors cutting prices to defend market share against propane.
Stock market crash: Five biggest reasons behind Sensex, Nifty's 2% slump today - Business Today
Stock market crash: Five biggest reasons behind Sensex, Nifty's 2% slump todayBusiness Today
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Stock Market Crash: Investors Lose Nearly Rs 8 Lakh Crore As Sensex, Nifty Post Worst Fall In Over Three Months
Banking shares led the selloff after US President Donald Trump declared the Iran ceasefire was over, triggering broad-based losses across sectors.
Stock Market Crash On 8-7-2026: Sensex, Nifty Post Worst Fall Since March; Rs 9 Lakh Crore Wiped Out - Goodreturns
Stock Market Crash On 8-7-2026: Sensex, Nifty Post Worst Fall Since March; Rs 9 Lakh Crore Wiped OutGoodreturns