Page 3 - Samie Modak

Union Budget 2026-27: Buyback proceeds to be treated as capital gains

Budget 2026 proposes a major overhaul of share buyback taxation, shifting proceeds from dividend income to capital gains to simplify rules, reduce arbitrage, and rebalance outcomes for promoters

Union Budget 2026-27: Centre doubles GIFT City tax holiday to 20 years

Budget 2026 extends the income tax deduction window for GIFT City IFSC units and offshore banks to 20 years, offering greater certainty to lenders and global financial firms expanding India operations

Sensex, Nifty see worst January in a decade; mcap erodes most in 11 mths

Benchmarks fell over 3% each in January amid heavy FPI outflows, weak earnings growth and rupee pressure, with nearly ₹16 trillion wiped off market capitalisation

Markets mostly rebound after pre-Budget corrections: SBI Securities

One- and three-month performance strong on three occasions when markets fell 3% or more ahead of the Budget

India's outlook in 2026 looks better than in 2025: Axis MF's Ashish Gupta

Axis MF CIO Ashish Gupta says global markets are defying old correlations, while India lags for now but looks better placed in 2026 on earnings and valuations

UBS maintains underweight stance on India amid weak nominal GDP growth

Stance stems from weak nominal GDP momentum, stretched valuations, lack of clear AI beneficiaries

India remains in early phase of private credit cycle: UTI Alternatives CEO

Private credit is fast becoming a core funding source for India's mid-market firms, bridging gaps left by banks and bonds, says UTI Alternatives CEO Rohit Gulati

India-focused active funds witness renewed outflows after a brief lull

Redemptions return to India-focused active funds as global investors pivot to commodities and emerging markets, leaving foreign participation increasingly ETF- and index-driven

Street signs: New listings see weak appetite; gold and silver shine

IPO momentum fades in early 2026 as weak listings, FPI outflows and promoter selling weigh on markets, even as gold and silver steal the spotlight from equities

Three years of Hindenburg report that shook Adani group firms' mcap

Three years after Hindenburg's report wiped out ₹16 trillion in value, Adani Group has seen a sharp recovery-and a fresh sell-off amid renewed global scrutiny

Sebi complaint portals face scrutiny over redirections, opaque closures

Investors say cases bounced between SCORES and MI Portal, leaving grievances unsettled

Offer for sale-heavy market listings unlock fresh money for luxury realty

Founders, Esop holders emerge as a younger cohort of high-end buyers

Smallcap mutual funds looking to distance from stocks beyond top 1,000

Their exposure just 2% of scheme corpus, finds study

Bharat Coking Coal IPO booked 147 times, draws ₹1.2 trillion bids

The company's ₹1,071-crore IPO was entirely an offer-for-sale (OFS) by parent Coal India

In good company: Sensex names that stayed on, dropped out, returned

Only continuous relevance and reinvention can secure a place in the ­­30-stock index

2025: The IPO juggernaut rolled on, defying volatility and market pullbacks

Investment bankers now see annual mobilisation of ₹1.5-2 trillion as the new normal

Street signs: Ola Electric slides, bourses talk tie-up, Sebi plans revamps

Ola Electric's volatile stock, rising competition among exchanges, and Sebi's push to simplify regulations shaped a turbulent week for Indian markets

'Valuations already elevated, so large multiple expansion hard to justify'

Simultaneous fiscal and monetary tightening hurt growth and earnings, but momentum is returning, says Axis Bank's Neelkanth Mishra, signalling a possible market turnaround

ICICI Prudential AMC becomes most valued stock in capital market sector

Stock closes 19% higher post debut; market cap overtakes HDFC AMC

Wide-ranging reforms: Sebi overhauls MF cost framework, stockbroking rules

Sebi has renamed expense ratio limits as the base expense ratio and moved statutory levies outside the cap, while approving a rewrite of MF regulations to tighten transparency and governance