Kunal Kamble of Bonanza recommends buying Manappuram Finance, Indus Towers and Nuvama Wealth; here's why
DCM Shriram Industries will trade ex-date for the spin-off, Hilton Metal Forging for the rights issue, Nuvama Wealth Management for the stock split, and Ram Ratna Wires for the bonus issue
Here is a roundup of the key corporate actions and stock details for the upcoming week
Dividend stocks: Among the companies, Nuvama Wealth Management tops the list with an interim dividend of ₹70 per share
Here's the complete list of stocks that will remain in focus next week, following their dividend announcements, along with key details
Groww IPO in focus: Technical charts suggest that 5Paisa, Angel One and Motilal Oswal were trading with a negative bias and could drop up to 18%; whereas Nuvama can potentially rally up to 13%.
Sebi has released a consultation paper on overhauling the mutual fund regulations to simplify the rules and reduce costs for investors
Nuvama Wealth share price rose today after the company said the Securities Exchange Board of India (Sebi) has granted approval to the company to act as the sponsor and set up the proposed Nuvama MF.
Financial services company Nuvama Wealth Management Ltd has secured approval from markets regulator Sebi to set up its proposed mutual fund business. In a stock exchange filing, Nuvama Wealth Management informed that "Sebi vide a letter dated October 1, 2025, has granted approval to the company to act as the sponsor and set up the proposed Nuvama Mutual Fund". This will enable Nuvama Wealth Management to launch schemes under mutual fund including Specialized Investment Fund category. The final approval for registration of mutual fund will be granted by Sebi subject to fulfilment of certain requirements by the company. In January, the company had informed stock exchanges regarding the application to be made to Securities and Exchange Board of India (Sebi) seeking approval to act as the sponsor for Nuvama Mutual Fund.
According to Motilal Oswal, retail mutual fund activity has shown some moderation, particularly in Systematic Investment Plan (SIP) flows, as one-year SIP returns have turned negative.
This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place
Nuvama Wealth shares rose 3 per cent after its June-quarter earnings came in line with the street estimates
The Income Tax Department on Thursday conducted a survey operation at the premises of brokerage firm Nuvama Wealth Management as part of an alleged tax evasion probe against Jane Street, the US-based proprietary trading firm accused of market manipulation, official sources said. Sources stated the department is undertaking a "verification" exercise in the backdrop of a recent Sebi action against Jane Street. They added that officials are looking at the account books and computer records of the US firm and its local partners as part of the survey at the office premises. Nuvama Wealth Management Ltd, Jane Street's domestic trading partner, confirmed the IT action in a regulatory filing. "The Income Tax Department is conducting a survey today, under Section 133A of the Income Tax Act, 1961, at the company's registered office. The company is extending full co-operation with the authorities and sharing requisite information," it informed the BSE. It added that the company "continues to
Until now, most wealth was self-managed, or managed by unorganised players. This, Bernstein feels, will change as rising return expectations, product complexity will trigger demand for professionals
Nuvama and UTI AMC are top stocks in the capital markets sector for Motilal Oswal, as the medium-term outlook for the sector is constructive
BSE, Angel One, and CDSL shares fell sharply on Tuesday amid fears of declining F&O volumes and regulatory headwinds
Meanwhile, brokerage-related shares such as Nuvama, Motilal Oswal, Angel One and IIFL Capital look favourably placed on charts, and can potentially rally up to 19% from current levels.
Nuvama stock fell 7% after Sebi barred Jane Street from accessing the securities market for manipulating the markets