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 […]
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 […]
Indian government bonds ended largely unchanged on Wednesday, with the former benchmark paper leading the losses, after the central bank pushed ahead with another batch of illiquid papers for next week’s debt purchases.The benchmark 10-year yield ended at 6.6105% after closing at 6.6137% in the previous session. ‌Bond yields move in the opposite direction to […]
Despite rising geopolitical tensions and continued uncertainty around global rates, market participants may be reading too much into the apparent weakness of major indices, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. While the Nifty has fallen below recent record highs and Bank Nifty has retreated above the 60,000 mark, Srivastava believes the […]
Indian shares closed lower on Tuesday, with the Sensex and Nifty retreating from record levels after heavyweight stocks HDFC Bank and Reliance Industries weighed on benchmarks and investors booked profits after a recent rally.The BSE Sensex fell 376.28 points, or 0.44%, to close at 85,063.34, while the NSE Nifty 50 fell 71.6 points, or 0.27%, […]
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 […]
Kotak Mahindra Bank, India’s third-largest private lender by market capitalization, on Monday reported a 16% year-on-year increase in its net advances for the December quarter to Rs 4.8 lakh crore, compared to 4.13 lakh crore in the year-ago period. Total deposits in Q3FY26 stood at Rs 5.43 lakh crore, up 15% versus Rs 4.73 lakh […]
The Indian market closed sharply higher on Friday, the second trading session of the new year, with the Nifty 50 hitting a new record high as a broad rally took place. Strong business updates boosted earnings expectations and improved investor sentiment across sectors.The Nifty 50 climbed as much as 193.45 points during the session to […]
Indian equity markets may not have posted outsized gains over the past year, but benchmark indices have shown resilience despite a challenging global and domestic environment. The Nifty has returned almost 10% on a total return basis in the past year, a performance that seems reasonable given the volatility that investors have faced. However, beneath […]