Market News

Mutual funds sharply reduce equity purchases in April despite steady inflows, as fund managers adopt a cautious approach amid market rebound and geopolitical uncertainties

In 2017, when India adopted the IGST, gold-importing banks were exempted from paying the 3% levy

Domestic equities rebound after three sessions of losses, led by gains in Reliance Industries and Sun Pharma, amid easing geopolitical concerns and supportive global cues

Shriram Finance reported a net profit of ₹3,014 crore, up 41 per cent as compared to ₹2,139 crore in the year-ago period

Dynamic bond funds adopt sharply different duration and credit strategies as rising yields and global risks cloud the interest-rate outlook

French spirits major Pernod Ricard on Tuesday said that no decision has been made on the listing of its Indian subsidiary, although it continues to explore options to create shareholder value. The company, which owns popular brands such as Absolute, Chivas Regal, and Glenlivet, said, "At this stage, no decision has been made regarding any particular action or involving any of these options." However, it also said it regularly "assesses and evaluates" its strategic opportunities and is continuously exploring options to create value for its shareholders, including optimising its capital structure. Its local subsidiary, Pernod Ricard India (PRI), is the leading Indian alchoBev player with a revenue of Rs 27,446 crore for FY2024-25. It has grown at a high single-digit CAGR of 8 per cent over the last five years. PRI has recently divested its Imperial Blue business to home-grown Tilaknagar Industries. Now, PRI's Segram profile consists of the brands Royal Stag, Blenders Pride, 100 Piper

Governor Sanjay Malhotra had signaled on April 8 that the measures would not remain "forever," signaling a temporary approach

Exchange aims to expand its commodity segment with differentiated offerings, focusing on product innovation, retail participation, and value-chain engagement

Kunal Kamble, sr. technical research analyst at Bonanza, has recommended buying shares of Kingfa Science and Technology, KRN Heat Exchanger, and Quality Power today

Net equity holding surges to multi-year high for multiple schemes

Equity markets surged as easing crude oil prices and optimism over renewed US-Iran talks boosted sentiment, lifting benchmark indices to their highest levels in over a month

Jewellery retailers expect strong Akshaya Tritiya demand despite high gold prices, supported by festive sentiment, wedding season demand and growing interest in diamond jewellery

Stock prices ultimately reflect corporate earnings, not newspaper headlines. India's long-term story rests on fundamentals that geopolitics cannot easily touch

360 One Asset raises ₹2,000 crore for PIPE bets, while Wealth Company MF enters the SIF space with long-short strategies targeting flexible equity returns

AMC inflows remain strong despite a dip in AUM due to market correction, with steady SIP contributions and retail participation supporting long-term growth outlook

Dealer-led systems, which accounted for more than 60% of turnover in the equity cash market in FY15, had fallen to about 25.1% by FY26, according to data from NSE

Myntra has appointed Sharon Pais as its new head as Flipkart accelerates plans for a 2027 IPO, with focus on quick commerce, AI and Gen Z-driven growth

Stock up 14% year-to-date even as Nifty has declined nearly 9%

Indian markets surged sharply, with the Sensex jumping 2,946 points and the Nifty nearing 24,000. What’s driving this massive rally?

Shares of Life Insurance Corporation of India (LIC) surged nearly 7 per cent on Wednesday, a day after the state-owned insurance major said it will consider a bonus issue