After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While some investors see this as a short-term consolidation, market expert CA Rudramurthy BV believes the broader trend remains strong and sector rotation could fuel further upside. “See, we have to understand from 24,600 Nifty has … 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
Global markets and assets management company CLSA sold around 8.4 lakh shares in WeWork India Management via a bulk deal on Monday. The shares were sold at a price of Rs 618.55 apiece taking the deal size to Rs 52 crore. The shares were sold through company’s affiliate CLSA Global Markets Pte. LTD – ODI … Read more
Indian equities continued their winning streak, closing in the green for the second consecutive week, as investors found comfort in easing FPI selling pressure and renewed momentum in domestic markets. Despite lingering global uncertainties, the sentiment improved notably during the week, setting a constructive tone for the near term. The most encouraging sign came from … 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
Indian IT stocks could be down amid current headwinds, but they are the backbone of the domestic economy, generating millions of jobs, foreign exchange reserves while building a tech ecosystem, Gurmeet Chadha, Managing Partner & CIO at Complete Circle Consultants, said, slamming analysts who in his views are “abusing” top IT companies. He said that … Read more
In order to safeguard investors from cyber frauds, the market regulator, Sebi has rolled out a new sub-system of UPI – “Validated UPI handles” have been enabled for securities market, Tuhin Kanta Pandey, Chairman, SEBI said in Kautilya Economic Conclave 2025. According to the chairman, along with the “SEBI Check” facility, any investor can easily … Read more
Shares of Hindustan Zinc (HZ) could likely benefit from Silver’s remarkable rally and is emerging as one of the biggest beneficiaries as prices of the precious metal continue to surge, up 63% so far this year to $47 per ounce — sharply higher than $34/oz in Q1FY26 and $30/oz in FY25, Emkay Global said in … Read more
After nearly a year of time correction and muted returns, Kotak Mutual Fund’s Atul Bhole believes the stock market’s risk-reward has finally turned favourable. With macro stability, government reforms and GST-driven demand revival, he says investors can start deploying cash and raise equity exposure ahead of a potential earnings upcycle. Edited excerpts from a chat: … Read more
Market regulator Securities and Exchange Board of India (Sebi) has directed exchanges to de-freeze Sanjiv Bhasin‘s trading and demat accounts after the former IIFL director deposited Rs 1 crore with the Sebi in compliance with the Securities Appellate Tribunal (SAT). The SAT’s August 1 order came on an appeal filed by Bhasin against a Sebi … Read more