Stock Market close highlights: Sensex sheds 467 points, Nifty at 25,722; SMIDs dip; PSBs outperform

Sensex Today | Stock Market close: Barring Nifty PSU Bank and Nifty Oil & Gas, all other sectoral indices on the NSE settled lower

4:24 PM

BS BFSI Summit Updates: BS BFSI Insight Summit 2025 concludes

4:21 PM

BS BFSI Summit Updates: Diversification, long-term perspective helps in overall wealth journey, says Menon

BS BFSI Summit Updates: From a retail investors’ perspective, there needs some amount of investments into the mutual fund SIPs, since it gives you a sustained growth journey, said Ajay Menon of Motilal Oswal. Starting from the traditional Mutual Fund SIP to insurance to alternate assets, we always look at how the client's assets can be diversified, so that from a longer term perspective, it helps in the overall wealth journey, he added.

 

4:18 PM

BS BFSI Summit Updates: MFs don't have leeway to invest overseas, says Thakkar

BS BFI Summit Updates: Overseas route is available, but mutual funds do not have leeway to invest overseas, said Rajeev Thakkar, chief investment office at PPFAS Mutual Fund

4:16 PM

BS BFSI Summit Updates: Gold, Silver are assets with no inherent cash flows, says PPFAS MF's Thakkar

BS BFSI Summit Updates: Rajeev Thakkar, chief investment office at PPFAS Mutual Fund, said gold and silver have largely gone up on central bank buying. These are assets with no inherent cash flows.

 

4:15 PM

BS BFSI Summit Updates: Cash market will become the de-facto market for brokers, says Pranav Haridasan

BS BFSI Summit Updates: Cash market will become the de-facto market for making money for brokers, said Pranav Haridasan of Axis Securities, during the BS BFSI Summit.

4:11 PM

BS BFSI Summit Updates: Consolidation will definitely happen in broking industry, says Shripal Shah

BS BFSI Summi Updates: According to Shripal Shah of Kotak Securities, consolidation will definitely happen inthe broking industry in the coming years. It could be driven by increased costs due to regulation and tech upgrades, and product innovation. The industry will evolve with a few strong players, he added.

4:10 PM

BS BFSI Summit Updates: Fund managers have to deal with all kinds of markets, says Nippon India's Bhan

4:09 PM

BS BFSI Summit Updates: Lower systemic risk boosts long-term market growth, says PL Capital's Amisha Vora

BS BFSI Summit Updates: Amisha Vora, Chairperson & MD, PL Capital Group, said the more one reduce the systemic risk, the better it is for long-term growth of the market.

4:07 PM

BS BFSI Summit Updates: We focus on areas where valuations is not expensive, says PPFAS MF's Rajeev Thakkar

BS BFSI Summit Updates: "We focus on areas where valuations is not expensive. If we don’t find something compelling, we do not invest in it," said Rajeev Thakkar, CIO at PPFAS Mutual Fund.

4:05 PM

BS BFSI Summit Updates: Maximum money can be made in the IPO market, says Motilal Oswal's Ajay Menon

BS BFSI Summit Updates: Ajay Menon, MD & CEO - Retail Wealth, Motilal Oswal, said maximum money can be made in the IPO market; but it depends on picking the right company. Investors are smart as they know that consistently putting money to the market will give them long-term growth in their overall investment journey, he added.

4:03 PM

BS BFSI Summit Updates: Young investors need to sift through the information, says PL Capital's Amisha Vora

BS BFSI Summit LIVE Updates: During the BS BFSI Summit, Amisha Vora, Chairperson & managing director at PL Capital Group, said instead of information overload, discipline is critical in wealth creation. Young investors need to sift through the information.

4:01 PM

BS BFSI Summit Updates: Earnings growth to be in double-digits next year, says Mahesh Patil

BS BFSI Summit Updates: During the BS BFSI Summit, Mahesh Patil, CIO, Aditya Birla Sun Life Mutual Fund, said:

>> RBI took lots of steps like easing liquidity, rate cuts

>> Earnings growth to be in double-digits next year 

>> In the last 4 quarters, Indian earnings growth has been in the mid single digits 

>> RBI took lots of steps like easing liquidity, rate cuts

>> Earnings growth to be in double-digits next year

3:59 PM

BS BFSI Summit Updates: Need to teach the basics of investing really well, says Haridasan

BS BFSI Summit Updates: According to Pranav Haridasan, MD & CEO at Axis Securities, said there is a real need in financial services to teach the basics of investing really well.

3:57 PM

BS BFSI Summit Updates: Driving long-term gains for investors best moat for brokers, says Pranav Haridasan

BS BFSI Summit Updates: Driving long-term gains for investors is the best moat for broker, says Pranav Haridasan, MD & CEO, Axis Securities, during the BS BFSI Summit.

3:56 PM

BS BFSI Summit Updates: Valuations are very favourable right now, says SBI MF's Rajeev Radhakrishnan

3:55 PM

BS BFSI Summit Updates: Digital adoption was the fastest in the broking industry, says Shripal Shah

BS BFSI Summit Updates: During the BS BFSI Summit, Shripal Shah, MD & CEO, Kotak Securities, said digital adoption was the fastest in the broking industry.

 

3:51 PM

BS BFSI Summit Updates: Indian earnings growth has been in the mid single digits, says Rajeev Thakkar

BS BFSI Summit Updates: In the last 4 quarters, Indian earnings growth has been in the mid single digits, says Rajeev Thakkar, CIO at PPFAS Mutual Fund during the BS BFSI Summit.

3:48 PM

BS BFSI Summit Updates: Return expectations have not gone down, says Nippon India MF's Sailesh Raj Bhan

BS BFSI Summit Update: During the BFSI Summit, Sailesh Raj Bhan, CIO - Equity, Nippon India MF, said expectations are not getting recalibrated. Return expectations have not gone down.

3:46 PM

BS BFSI Summit Updates: Global markets should also see a correction in some time, says S Naren

BS BFSI Summit Updates: During the BS BSFI Summit, Sankaran Naren, CIO, ICICI Prudential Mutual Fund, saidGlobal markets should also see a correction in some time. There should be, in some time, AI led correction in US.

3:44 PM

BS BFSI Summit Updates: India has now meaningfully underperformed all the markets in the world, says S Naren

BS BFSI Summit Updates: During the BS BFSI Summit, Sankaran Naren, CIO, ICICI Prudential Mutual Fund, said  India has now meaningfully underperformed all the markets in the world.

 

 

3:41 PM

Stock Market LIVE Updates: Sectoral market snapshot

Stock Market LIVE Updates: Barring Nifty PSU Bank (up 1.5 per cent) and Nifty Oil & Gas (up 0.07 per cent), all other sectoral indices on the NSE settled in red. 

3:38 PM

Stock Market LIVE Updates: Nifty settles at 25,722

Stock Market LIVE Updates: The NSE Nifty50 dropped 155.75 points or 0.60 per cent to settle at 25,722.10

 

3:37 PM

Stock Market LIVE Updates: Sensex heatmap

Stock Market LIVE Updates: Here's a glance at the Sensex gainers and losers at the close.

 

3:36 PM

Stock Market LIVE Updates: Sensex sheds 466 pts

Stock Market LIVE Updates: The BSE Sensex plunged 465.75  points or 0.55 per cent to settle at 83,938.71 levels.

 

3:35 PM

BS BFSI Summit Updates: Diversification, asset-allocation most important for retail investors, says Gubbi

BS BFSI Summit Updates: Risk management through diversification and asset-allocation the most important thing for retail investors, says Gubbi

3:28 PM

BS BFSI Summit Updates: Smallcaps tend to have greater fatality, says Mirae Asset's Gaurav Misra

3:23 PM

BS BFSI Summit Updates: Not bullish on large cap earnings, says Bandhan MF's Manish Gunwani

BS BFSI Summit Updates: Not bullish on large cap earnings. This market is more small cap market. The real growth will be beyond Nifty100 and Nifty200 companies, says Bandhan MF's Manish Gunwani.

3:21 PM

Stock Market LIVE Updates: Nifty breaks 25,750

Stock Market LIVE Updates: Nifty index is seeing extended selling in the fag-end of the session. The index is tradimg around 25,720 levels, falling 160 points

3:21 PM

BS BFSI Summit Updates: Indian market's muted run stems from last year’s strong run: Hari Shyamsunder

BS BFSI Summit Updates: Hari Shyamsunder, vice president & senior client portfolio manager at Franklin Templeton, global equities are rallying, but India’s muted participation stems from last year’s strong run and earnings lag. The good news is the extent of disappointment is narrowing, setting the stage for the next catalyst.

3:20 PM

BS BFSI Summit Updates: Expect mid-teens kind of earnings growth in FY27, says Gubbi

BS BFSI Summit Updates: Pramod Gubbi, co-founder at Marcellus Investment Managers, says we are pretty much at the bottom of earnings downgrade cycle. Earnings have not recovered dramatically, the expectations has been lowered. In FY27, expect midteens kind of earnings growth