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
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
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
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
Shares of Infosys are expected to be in focus on Friday, October 17, after the IT major posted a 13% year-on-year (YoY) increase in its consolidated net profit for the second quarter of FY26. The company reported a net profit of Rs 7,364 crore for the quarter, while revenue from operations rose 9% YoY to … Read more
Even when foreign institutional investors (FIIs) flood Indian IPOs with billion-dollar bids, they aren’t really making much money, said Samir Arora, founder and fund manager at Helios Capital Management. In a post on X (formerly Twitter) on Friday, Arora argued that despite headline-grabbing oversubscriptions, “FII investors don’t really make any serious money,” citing currency conversion … Read more
India’s benchmark indices ended higher on Friday, marking a second straight day of gains as investors remained upbeat on banks, consumer, and metal stocks, even though trade stayed largely rangebound. The Nifty closed at 24,894.25, up 57.95 points or 0.23%, while the Sensex advanced 223.86 points or 0.28% to settle at 81,207.17. Meanwhile, the volatility … Read more
A billion-dollar investment in Sammaan Capital has sparked fresh discussions about the outlook for non-banking finance companies (NBFCs) and private sector banks. Parag Thakkar, a market veteran, believes this signals a positive shift for India’s financial sector even if the immediate market reaction remains mixed. “No, we do not have Sammaan Capital in our portfolio, … Read more
China is rolling out an “anti-involution” strategy in 2025, a sweeping policy aimed at ending years of cutthroat competition and oversupply in industries from steel and solar to electric vehicles. For Indian investors, the shift could ripple across metals, energy, and renewables, with Reliance Industries, Tata Steel, JSW Steel, and Hindalco among the stocks analysts … Read more