Nifty stocks ICICI Bank and Apollo Hospitals witnessed separate block deals on Monday, with BofA buying shares worth Rs 19 crore and Rs 69 crore respectively, while Goldman Sachs was the seller.BofA bought 1,41,886 shares of ICICI Bank through its subsidiary BofA Securities Europe SA at a price of Rs 1,332 each, down 0.8% from […]
After weeks of anticipation, Lenskart’s market debut on Monday ended on a sad note rather than a cheer. The eyewear retailer’s shares were trading at Rs 390 on the NSE, a 3% discount to the issue price of Rs 402, despite being one of the highest-profile IPOs of 2025.This disappointing debut marked a dramatic turnaround […]
Vodafone Idea (Vi) is expected to post another weak quarter for Q2 2026, with subdued revenue growth as subscriber erosion continues and 5G-related costs weigh on profitability. According to an average of five brokers, Vi’s revenue is likely to grow at around 2% YoY and remain nearly flat sequentially, while losses could narrow to around […]
India’s defense sector is on the cusp of a multi-year structural shift, backed by strong policy support and a surge in capital procurement proposals.Recent approvals from the Defense Acquisition Council (DAC), totaling INR 790 billion across all three services, follow a steady trend of increased budgetary allocation and a continued drive towards self-reliance. The government’s […]
Bajaj Finance (BAF) is expected to report another stable quarter when it announces its FY26 results, with both earnings and net interest income (NII) likely to grow around 23% year-on-year, supported by robust loan growth, stable margins and healthy asset quality across segments.Estimates from brokers suggest that assets under management (AUM) of the non-banking financial […]
Mutual funds have clustered in a handful of big names in 2025, with Axis Bank, Maruti Suzuki, SBI, ICICI Bank and SBI Life among the most overvalued stocks, each trading well above their index weighting. Conversely, several blue chip giants, including Reliance Industries, HDFC Bank, ITC and TCS, are noticeably underserved despite their dominance in […]
Indian benchmark indices Nifty and the BSE Sensex closed with a weekly decline of 0.9%, due to selling pressure in IT and consumer stocks. When stock markets resume trading on Monday, a host of major domestic and global events are likely to have an impact during the holiday week. On Friday, Nifty closed 17.40 points […]
The sudden slump in Asian technology stocks over the past week has spooked investors and is a stark reminder that the global rally in artificial intelligence and semiconductor stocks may be approaching a short-term high.The region’s sharpest decline since April – driven by a tech-driven sell-off on Wall Street – has refocused attention on the […]
Foreign institutional investors (FIIs) have sold Indian equities worth Rs 12,569 crore so far in November, taking total outflows to Rs 1,52,479 crore in 2025.In the festive season shortened week, FIIs sold to the tune of Rs 401 crore this week, thanks to Friday’s purchases of Rs 4,581.34 crore. Expert VK Vijayakumar, Chief Investment Strategist […]
Shipping Corporation of India (SCI) on Friday declared a dividend of Rs 3 per share for FY26 and set November 19 as the record date. The interim dividend will be paid within 30 days from the date of its determination.The announcement was made along with the company’s quarterly results in September, where the company reported […]