Latest Updates Around The World
The board of ICICI Bank has approved Sandeep Bakhshi as Managing Director & CEO for a further period of two years, effective October 4, 2026 to October 3, 2028. Bakhshi has been heading India’s second largest private sector bank since October 15, 2018. Before his appointment as MD & CEO, he was a Whole-time Director […]
The Indian market ended higher on Friday, with the Sensex and Nifty rising decisively, after a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to new intraday highs, overturning recent caution and setting a bullish tone for the […]
The combined market valuation of three of the top 10 most valued companies rose by Rs 75,855.43 crore last week during a holiday shortening, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities.Last week, the BSE benchmark Sensex fell by 5.89 points and the NSE […]
Foreign institutional investors have built up their largest short positions in index futures since March 2025, pushing the long-short ratio close to a record low. However, a sharp increase in long positions in index futures at a non-expiry date signals potential short covering ahead, paving the way for increased volatility and tactical trading opportunities in […]
Rajat Sharma, Founder and CEO of Sana Securities, shared a value-driven, selective investment outlook across banking, IT, defense and FMCG sectors, emphasizing long-term valuations and fundamentals over short-term momentum.On the banking and financial sector, Sharma said in an interview with ETNow that he believes the recent pullback in major private banks like HDFC Bank and […]
India’s second-largest private lender ICICI Bank on Saturday reported a 4% decline in standalone net profit in the December quarter at Rs 11,318 crore compared to Rs 11,792 crore reported in the year-ago period. Profit after tax (PAT) was below ET Now estimates of Rs 12,346 crore.Operating profit declined 8.4% on a sequential basis, compared […]
India’s ICICI Lombard General Insurance reported a decline in third-quarter profit on Tuesday as higher payouts to agents and employees outweighed strong demand in health and auto insurance.Backed by ICICI Bank, one of India’s largest private lenders, ICICI Lombard offers marine, crop and fire insurance in addition to car and health insurance. The demand for […]
Investors looking to take advantage of Kotak Mahindra Bank’s upcoming 5:1 stock split should make sure to buy the stock before the close of trading today. The bank has set Wednesday, January 14, 2026 as the record date for determining the list of eligible shareholders entitled to receive the split shares.As part of this corporate […]
The combined market valuation of seven of the top 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard, amid a bearish trend in equities.Last week, the benchmark BSE fell 2,185.77 points or 2.54 percent. “Indian stock markets closed on a negative note last week, reflecting […]
Markets witnessed a sharp sell-off last week, with benchmark indices ending firmly in the red as weak global cues and heightened uncertainty weighed on sentiment. Selling pressure intensified towards the end, sending the Sensex down 2.55% to 83,576.24 and the Nifty down 2.45% to 25,683.30 – one of the steepest weekly falls in recent months. […]
