Indian shares closed solidly higher on Monday, with the Sensex and Nifty extending their winning streak to a sixth straight session, while investors welcomed new support measures from the Reserve Bank of India for exporters hit by recent tariff disruptions. Financial stocks led the advance, with sentiment further boosted by improving second-quarter earnings expectations.The S&P […]
Kotak Mahindra Bank, India’s third-largest private lender by market value, said its board will consider a proposal to split its shares on November 21.“A meeting of the Board of the Bank would be held on November 21 to consider, among other things, a proposal for subdivision (split) of the existing shares of face value of […]
The Nifty 50 looks set to challenge a new all-time high this week as six key factors could converge to strengthen bullish sentiment – from expectations of a US Fed rate cut and an easing in FII selling to strong domestic earnings and progress in trade talks. The optimism comes after the benchmark index nearly […]
Kotak Mahindra Bank on Saturday, October 25, reported a 2.7% year-on-year decline in standalone net profit for the September quarter to Rs 3,253 crore, compared to Rs 3,344 crore in the same period a year ago. Net interest income (NII) for Q2FY26 rose to Rs 7,311 crore, up 4% year-on-year compared to Rs 7,020 crore […]
Indian mutual funds are showing concentration in their investment strategy, with 50% of all equity inflows in calendar year 2025 so far having been deployed in just 19 stocks such as Eternal, Swiggy, SBI and Reliance Industries. Of the total Rs 2,67,500 crore that flowed into mutual funds in calendar year 2025, the concentration is […]
There has been some confusion among investors this year about the exact Diwali date: October 20 or 21. But for traders, one thing is certain. Both the NSE and BSE will remain closed on October 21 for Diwali Lakshmi Puja, and again on October 22 for Balipratipada. However, on Tuesday, October 21, markets will open […]
The Benchmark Indices of India finished higher on Friday and marked a second consecutive day of profit, because investors remained cheerful with banks, consumers and metal shares, although trade remained largely accessible. The Nifty closed at 24,894.25, an increase of 57.95 points or 0.23%, while the Sesex established 223.86 points or 0.28% at 81.207.17. In […]
Kotak Mahindra Bank published her preliminary financial figures for the second quarter ending on September 30 and reported a growth on an annual basis (yej) of 14.4% in average total deposits, which were 5.10.138 crore on RS. The bank has also placed a growth of 14.6% JoJ in its average net advances. In the same […]
While the main reasons for the decision of the Reserve Bank of India (RBI) Monetary Policy Committee to preserve the unchanged interest rates, Dalal Street took knowledge of RBI Governor Sanjay Malhotra’s remarks about stable macro background and pro-market-initiatives of Wednesday-in-the-Initiatieves. Sesex rose more than 600 points to 80,930, while Nifty also registered an increase […]
The NSE Nifty 50 index has been set for a large stir, with five shares ready to attract more than $ 1 billion in passive flows, while the half-yearly Nifty Rejig comes into force on 30 September, according to Nuvama Institutional shares. Interglobe Aviation (Indigo), Max Healthcare, State Bank of India, Bajaj Finnier and ITC […]