Latest Updates Around The World
Adani Power is looking to raise around Rs 7,500 crore from institutional investors through the issuance of non-convertible debentures (NCDs), people familiar with the matter told ET.The thermal energy giant is tapping the bond market at a time when investor demand for corporate bonds is high. The fundraising is expected to start in the next […]
India’s record Rs 1.95 trillion float in 2025 delivered a $417 million windfall for investment banks as underwriting costs soared to a record high amid a surge in stock prices that boosted bankers’ pricing power after years of cutthroat competition, according to LSEG data cited by Bloomberg.The total fee pool rose alongside a steady increase […]
India’s benchmark Nifty 50 could rise to 29,500 by end-2026, which BNP Paribas said would deliver returns in the mid-teens, largely driven by earnings growth. The brokerage urges investors to focus on large, domestically oriented stocks such as HDFC Bank, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra, Reliance Industries and Bharti Airtel, as policy support, […]
Axis Bank has launched its new ‘Safety Center’ on its mobile banking app ‘open’, giving customers control over key digital banking features so they can protect their accounts from unauthorized or suspicious activity, without the need to call customer service or visit a branch. The Safety Center allows customers to adjust security settings based on […]
Indian equity benchmarks witnessed mild selling pressure after hitting record highs earlier this week, but the broader trend remains constructive, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said the Nifty’s recent decline is an ‘ongoing correction’ rather than a trend reversal. Despite falling over 200 […]
According to Sandip Sabharwal, founder of askandipsabharwal.com, the strong credit growth reported by leading banks in the December quarter points to an improving economic cycle, even as select consumer and retail sectors face challenges in the near term.Speaking to ET Now, Sabharwal said double-digit loan growth at most major banks reflects rising economic activity after […]
Real estate firm The House of Abhinandan Lodha (HoABL) has sold 1,419 apartments for Rs 640 crore in its housing project in the Mumbai Metropolitan Region (MMR) amid strong demand for low-cost housing.In July last year, HoABL partnered with Mittal Builders to develop a housing project, ‘The Great Western’, at Naigaon in MMR, covering an […]
As investors look ahead to 2026, Varun Saboo, of Anand Rathi Shares & Stock Brokers, remains bullish on Indian markets, highlighting specific sectors and themes that could deliver promising returns.When asked about attractive investment themes for the year ahead, Saboo said, “Honestly, we are very, very positive on the markets. You’ll remember the last time […]
Indian shares traded modestly higher on Wednesday, with the Sensex and Nifty stabilizing after a flat close in the previous session, as stronger-than-expected US economic growth data boosted risk appetite. However, optimism was tempered by continued foreign fund outflows and meager trading volumes at the end of the year.The Sensex rose 100 points, or 0.07%, […]
Applicants receive an immediate credit decision within minutes and funds are disbursed within days. Private sector lender Axis Bank today launched ‘Digital Merchant Cash Advance Loans’, a cash flow-based lending product for micro and small businesses (MSMEs) across India. This fully digital product offers unsecured loans ranging from ₹2 lakh to ₹20 lakh, allowing merchants, […]
