Latest Updates Around The World
India’s benchmark indices recovered on Monday, breaking their recent losing streak amid strong gains in financial and energy stocks, with additional support from pharmaceutical and healthcare stocks. The Nifty ended its two-day decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered from a three-session decline to settle at […]
Nifty ended with cuts on Thursday led by massive selling pressure on IT stocks. It was the second loss in a row as the index remained under selling pressure after a weak open.Commenting on the day’s action, Rupak De, senior technical analyst at LKP Securities, said the selling momentum was not strong, resulting in a […]
Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
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 […]
Indian shares recovered on Thursday after falling more than 2% in the past three trading sessions. Analysts expect markets to follow global signals, macro indicators and continued quarterly earnings. Key companies announcing results on Friday include JSW Steel, Shriram Finance, BPCL, Godrej Consumer, Cipla, MCX and Piramal Finance.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) […]
Shares of Manappuram Finance fell 10% intraday to hit the day’s low of aRs 278.55 on the NSE, following a Reuters report saying India’s banking regulator has raised objections to Bain Capital’s plan to acquire a majority stake in the company.The Reserve Bank of India has expressed reservations, saying the U.S. company has a controlling […]
Proxy advisory firms, including Ingovern, ISS Proxy Research and Glass Lewis, have recommended that Shriram Finance shareholders approve all three agenda items related to the deal between Shriram Finance and MUFG Bank at the upcoming EGM, scheduled between January 11 and 13. The NBFC has sought shareholder approval for issuance of shares to MUFG through […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]
The Indian market was closed on Thursday for the Christmas holidays. On Wednesday, Dalal Street closed lower, with the Sensex and Nifty retreating amid thin pre-festive trading as foreign investors turned net sellers and a lack of new triggers kept risk appetite in check. Losses in oil and gas, pharmaceutical and IT stocks weighed on […]
