Latest Updates Around The World
Auto components maker Shriram Pistons and Rings (SPRL) has raised Rs 1,000 crore from a group of mutual fund investors to finance its Rs 1,670 crore acquisition of Spanish company Groupo Antolin’s local entities, people familiar with the fundraising told ET.The money was raised through the issuance of two separate sets of non-convertible debentures (NCDs), […]
As the global economy grapples with geopolitical fragmentation, trade realignments and post-World War II order reform, India could emerge as a rare pillar of stability, said Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital.Speaking to ET Now on the sidelines of Mumbai Climate Week, Mishra said the world is undergoing […]
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
Domestic institutional investors increasingly have the upper hand in India’s benchmark index, with their holdings in the Nifty-50 rising to a record 24.8% in December 2025, a historic shift that puts local money ahead of foreign investors. This milestone comes amid relentless FII sales of over Rs 1.6 lakh crore by 2025, highlighting a steady […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Indian stock markets continue to struggle for direction as foreign investor outflows dominate sentiment, even as underlying business performance does not appear as weak as market movements suggest. According to market expert Sandip Sabharwal, the current phase is driven more by momentum-based global asset reallocation than by deteriorating fundamentals.“Most of the active funds of foreign […]
The private lender posted a 3% rise in net profit for the three months ended December 31, while analysts had expected profits to fall | Photo credit: REUTERS/ANUSHREE FADNAVIS Axis Bank rose nearly 6% on Tuesday, on track for the biggest daily percentage gain in 15 months, after the private lender reported a surprise rise […]
Axis Bank reported a 3% rise in standalone net profit in the December quarter at Rs 6,490 crore, compared to Rs 6,304 crore reported in the same period last year. The private lender earned interest income of Rs 32,274 crore in Q3FY26, up 4.3% from Rs 30,954 crore in the corresponding period of the last […]
The stock markets are gearing up for an eventful week in which key factors such as quarterly earnings of companies, the US Fed’s interest rate decision and the upcoming Union Budget 2026-27 will be in the spotlight, analysts said.The stock markets would be closed on Monday for Republic Day. Moreover, the trading activities of foreign […]
Private lender Axis Bank is expected to report mixed performance for the December quarter, with steady balance sheet growth offset by pressure on margins and profitability. On average, five brokers expect net interest income (NII) to rise by around 4% year-on-year, while profit after tax (PAT) will fall by around 8% from a year earlier. […]
