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Stocks in news: Groww, Tata Motors PV, Cipla, Varun Beverages and Axis Bank
The Indian equity market experienced a positive turnaround on Tuesday, August 25, highlighted by the Nifty 50 making a robust recovery. Anticipation builds for Wednesday as Groww gears up for a significant block deal, w...
IPO fund diversion: Sebi bars Varanium Cloud, promoter for 7 years from markets
Sebi has barred Varanium Cloud and promoter Harshawardhan Sabale from the securities market for seven years, citing misleading disclosures, inflated financials and diversion of IPO and rights issue funds. The regulator...
US Markets Today: US stocks rebound on tech recovery ahead of Nvidia earnings, inflation data
US stocks rose on Tuesday as technology shares rebounded ahead of Nvidia’s quarterly results and key US inflation data. The Nasdaq led gains, while chipmakers Intel, Micron and AMD advanced. Investors also tracked Treas...
RBI net absorbed $561 million in June as inflows picked up
In June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to significant capital inflows into India. Following its dollar sales in April and May t...
Market wrap: Adani Enterprise, InterGlobe, HDFC Life, HCL Tech, top gainers and losers on Nifty and Sensex on Tuesday
Indian equity benchmarks ended higher on Tuesday, with the Nifty rising 0.48% and Sensex gaining 0.37%, led by Adani Enterprises, Max Healthcare and Apollo Hospitals. Broader markets were mixed, while Pharma and PSU Ban...
Jefferies picks 4 NBFCs with up to 20% upside that may continue outperforming Nifty, bank stocks. Here’s why
Jefferies has picked Bajaj Finance, Cholamandalam Investment and Finance Company, Aditya Birla Capital and Shriram Finance to outperform the Nifty and bank stocks, with target prices implying up to 20% upside. The broke...
Oil fall lifts rupee to over one-week high after central bank keeps lid on losses
The Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central bank. Throughout the trading day, the rupee remained within a narrow band as Brent...
Sensex rises 287 points, Nifty closes above 24,300 as market swings into green on first monthly expiry after CAS
The Indian stock market ended higher on Tuesday after a volatile session, with Sensex gaining 287 points and Nifty rising 115 points. Pharma, PSU banks and consumer durables led sectoral gains, while private banks and m...
MFs kept buying these 9 largecap stocks for 2 quarters; shares surged up to 50%
Mutual funds have steadily raised their holdings in several large-cap stocks over the past two quarters, with nine such stocks delivering 25-50% gains in CY26 so far. Data from ACE Equity shows that Adani Energy Solutio...
NSE IPO coming soon: Should investors buy unlisted shares now or wait for the mega issue?
With NSE’s IPO expected in the second half of September, investors face a choice between buying its unlisted shares or waiting for the public issue. NSE’s unlisted shares are currently trading around Rs 2,015, little ch...
Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from banks, slower renewable capacity additions and...
Global market: Mainland China stocks slip as metal shares drop, investors await Jackson Hole cues
Mainland Chinese stocks declined, led by non-ferrous metals, amid Middle East tensions and caution ahead of Jackson Hole. Investors await Fed Chair Kevin Warsh’s remarks for policy clues, while Hong Kong equities also f...