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