A comparison of low and high beta stocks within the BSE 500 index reveals a balanced yet contrasting performance pattern over the past year — with high beta stocks edging ahead in returns, while low beta counters offered relative stability during volatile phases. The data underscores the familiar risk-reward trade-off in equity investing — high … Read more
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in India’s fast-growing mutual funds industry. Under the agreement, IIHL has acquired a 60% stake in Invesco Asset Management India (IAMI), … Read more
IndusInd Bank‘s former deputy chief has deposited 50% of the alleged insider trading gains with India’s markets regulator, BSE said on Friday. Restrictions on former deputy Arun Khurana’s bank accounts have been lifted, a notice from the stock exchange said. The private bank faced a crisis earlier this year following revelations of governance and accounting … Read more
Indian markets witnessed a buoyant mood on Monday, with Nifty emerging from its long period of consolidation. According to Rajesh Bhosale, market strategist, technical indicators suggest further upside for the benchmark index. Bhosale said, “So, yes, a very cheerful mood in our markets. In fact, if we see after last one year of consolidation, Nifty … Read more
In a conversation with ET Now, Digant Haria, a market expert, shared his views on India’s evolving financial landscape — from banks showing earnings resilience to life insurers entering a phase of moderation, and why Reliance Industries might continue to remain range-bound for some more time. IndusInd Bank: Post-Turbulence Consolidation Speaking on IndusInd Bank, Haria … 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
IndusInd Bank has posted a net loss of Rs 437 crore in the second quarter of FY26, reversing from a net profit of Rs 1,331 crore in the corresponding quarter of FY25. The bank’s Net Interest Income (NII) too declined by 17.6% year-on-year to Rs 4,409 crore from Rs 5,347 crore in Q2FY25. The bank’s … Read more
Ace investor Ashish Kacholia has hit a half-century with the addition of a new stock to his portfolio in the quarter ended September. He picked up Jain Resource Recycling, a smallcap stock that made its market debut on October 1. According to the company’s Red Herring Prospectus (RHP), the shares were allotted to Bengal Finance … Read more
BNP Paribas on Monday bought stakes in Nifty stocks Hero MotoCorp and IndusInd Bank via bulk deals. The French multinational bank acquired shares worth Rs 1,035 crore in the two-wheeler company and Rs 771 crore in the private sector lender. It spent a total of Rs 1,806 crore to buy the shares of the two … Read more
After nearly two weeks of rebound, Tuesday’s session turned out to be a dampener with selling pressure gripping the indices right from the opening bell. “What made it worse was the banking sector,” said Ajit Mishra, SVP – Research at Religare Broking, in a conversation with ET Now. “Private banks have not participated in this … Read more