The Indian market closed flat with a slight negative bias on Friday, with the Sensex and the Nifty swinging between red and green as investors booked profits near record levels and assessed expectations of potential interest rate cuts in both the U.S. and India, alongside incoming domestic growth signals. The S&P BSE Sensex inched down … Read more
The Nifty50 index soared to a new all-time high of 26,310.45 in Thursday’s trading session, buoyed by strong buying interest across heavyweights in financials, IT, infrastructure, and consumption-linked stocks. The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage … Read more
With signs of loan growth picking up in the Indian banking sector, investors are looking for guidance on potential winners. Market expert Sandip Sabharwal shared his views on banks, infrastructure, hospitality and IPOs with ET Now. Banking Picks: ICICI, Axis, Kotak LeadOn bank stocks, Sabharwal said, “Among large banks, we own ICICI, Axis, and some … Read more
The combined market valuation of eight of the top 10 most valued companies surged by Rs 2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers. Last week, the BSE Sensex appreciated by 1,346.5 points, or 1.62 per cent, and the NSE Nifty rose 417.75 points, or 1.64 per cent. … Read more
SBI Mutual Fund, the largest fund house based on assets managed, had an AUM of Rs 12.60 lakh crore as on October 2025. The fund house manages 125 schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services. Source link
The combined market valuation of seven of the top-10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened last week, with Bharti Airtel and Tata Consultancy Services taking the biggest hit, in line with the weak trend in equities. In a holiday-shortened last week, the BSE benchmark tanked 722.43 points or 0.86 per … Read more
The Indian market ended lower on Friday, with the Sensex and Nifty logging a second day of losses as investors booked profits amid mixed corporate earnings and cautious global cues, with a stronger U.S. dollar and the Federal Reserve’s tempered stance on rate cuts dragging on sentiment, while banking heavyweights HDFC Bank and ICICI Bank … Read more
Indian shares advanced for a fourth session on Monday, with the Sensex climbing 0.5% and the Nifty closing above the 25,800 mark, as heavyweight Reliance Industries and HDFC Bank surged on post-results optimism. Gains were partly offset by profit-taking in ICICI Bank, which capped the broader rally. The S&P BSE Sensex surged 411.18 points, or … Read more
Markets ended the week on a strong note, with the Nifty 50 scaling a fresh 52-week high amid supportive global and domestic cues. Looking ahead, participants will react to the quarterly results of heavyweights Reliance Industries, HDFC Bank, and ICICI Bank in early trade on Monday, which could dictate market direction. “Technically, the Nifty’s prevailing … Read more
Kolkata: Lower provisions helped ICICI Bank report a 5.2% rise in standalone net profit to Rs 12,359 crore for the second quarter of the fiscal as compared with Rs 11,746 crore in the same period last year exceeding market expectations. The private sector lender set aside Rs 914 crore as provisions and contingencies for the … Read more