Financial Stock

Motilal Oswal sees FY26 earnings pick-up; financials, autos lead equities

The brokerage's analysis of its universe of stocks revealed that after a prolonged period of earnings cuts, companies are beginning to report earnings upgrades.

FIMMDA unveils SORR-based OIS plan, invites comments by December 15

FIMMDA has released a proposed settlement and trading framework for a new SORR-linked OIS product, aligning with the shift to secured benchmarks, and has invited market feedback by December 15

Global bank stocks fall on credit worries as US lenders rebound slightly

The banking sector's exposure to two recent US auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank's failure triggered broader turmoil

Net financial savings likely to touch Rs 22 trn in FY25: SBI report

State Bank of India in its latest economic research report said that based on the current trends, net financial savings of the household sector may touch Rs 22 lakh crore, or 6.5 per cent of gross national disposable income (GNDI), in the financial year 2024-25. The net financial savings during 2023-24 stood at 5.1 per cent of GNDI, an increase from 4.9 per cent in the previous fiscal. The report said the growing capital pool is crucial for funding government and corporate deficits and supporting macroeconomic stability. Referring to the dynamics of RBI surplus, the report said that the central bank's efforts to contain the volatility of the rupee was a major factor in determining its quantum. During fiscal 2024-25, the balance sheet of RBI expanded by 8.19 per cent, which is less than the nominal GDP growth of 9.9 per cent. An amount of Rs 2.69 lakh crore surplus amount of RBI has been transferred to the government, which would enhance the fiscal space, the report said. Accordin

How do Fractional CFOs Support Private Equity Transactions and Business Growth?

Private Equity Firms Tap Fractional CFOs to Maximise Investment Outcomes

Sebi penalises DB Realty, 7 others for misrepresenting financial statements

Capital markets regulator Sebi on Tuesday slapped fines totalling Rs 25 lakh on eight entities, including DB Realty, its promoters and other officials, for violations related to financial misstatements and non-disclosures. The regulator imposed a fine of Rs 5 lakh each on DB Realty Ltd (now known as Valor Estate), Vinod Kumar Goenka (Promoter and Chairperson-MD of DB Realty), and Shahid Balwa Usman (promoter and MD), according to a Sebi order. Sebi also levied a penalty of Rs 2 lakh each on Asif Yusuf Balwa, Jayvardhan Vinod Goenka, Salim Balwa Usman, Sunita Goenka and Nabil Yusuf Patel. In the final order, Sebi stated that DB Realty failed to comply with accounting standards in preparation and presentation of the financial statements in respect of guarantee given to Bank of India (BOI) on behalf of loan availed by PBPL which has resulted in the violation of the listing agreement/disclosure rules. "I find that event-based disclosures in respect of classification as NPA, invocation

Govt looks to reduce red tape and unmoor port infrastructure delays

New plan aims to expand financial powers, and level the playing field with private operators

ICICI Bank's market cap tops Rs 9 trillion; stock hits new high

In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.

How to trade Max Financial Services stock amid these 3 key developments

Technical chart shows that MFSL stock is facing some resistance around Rs 1,140 level; while the short-term trend may turn cautious, the overall trend seems positive; check key levels here.

Nifty Financial Services shows bullish trend in near-term; details here

For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.

Slump in tech stocks knock Asia shares, yen towers at over 2-month high

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.7%, while Japan's Nikkei tumbled 2.9% and South Korea's KOSPI dropped 2%. Taiwan's markets were closed for a second day

HDFC Life, Muthoot Fin: 75% stocks in financial services index eye bull-run

The Nifty financial services index is poised to rally in the direction of 20,700 - 20,900 level, delivering an upside of 5 per cent.

Cracking the investment strategy: FPIs are bullish on finance, auto stocks

Load up on financials, automotive stocks in May

Financial, IT stocks aid Indian shares snap three-month losing streak

The Nifty 50 index closed 1.63% higher at 17,359.75. The S&P BSE Sensex rose 1.78% to 58,991.52. Both the indexes logged their best day in since Nov. 11

Finance, durables stocks see maximum FPI selling in last fortnight of Feb

Outflow from two of India's largest sectors in terms of market cap shows FPIs remain in 'sell' mode: Experts

Santa rally on D-Street; Nifty tops 18K, Sensex gains 721 points

The Nifty reclaimed the 18,000 mark and ended the session at 18,014, a gain of 208 points or 1.1 per cent

Sensex, Nifty end lower on selloff in metal, banking and financial

After jumping nearly 560 points during the session, the 30-share BSE index ended 37.70 points or 0.07 per cent lower at 57,107.52.

Bajaj Finserv trades ex-date for 1:5 split, 1:1 bonus; shares rally 6%

The company had fixed September 14, 2022 as the 'Record Date' for the purpose of determining the members, eligible for the sub-division of existing equity shares, and issue of bonus equity shares.

Rate hike impact: Rate sensitive shares tumble as RBI ups rate by 40bps

At 02:27 PM: Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Auto and Nifty Auto index were down between 1.3 per cent and 2 per cent on the NSE.

Canara Bank, IDFC: Budget 2022 gives wings to these financial stocks

IDFC Limited has crossed major resistance of Rs 65, which it had been struggling to conquer since late 2016