In the past four trading days, Nifty Capital Markets index has outperformed by surging 9.5%, against 6% rally in the Nifty 50.
At 10:18 AM on Tuesday, the Nifty Capital Markets index was up 2.43%, compared to a 0.83% rise in the Nifty 50.
The structural earnings outlook for JSW Steel remains positive given it's focus on cost optimization, captive raw material integration, and scale expansion, says Shrikant Chouhan of Kotak Neo.
Jefferies said the decision to use the volume-weighted average price (VWAP) to calculate settlement prices of derivatives contracts on expiry days is a bigger positive for brokers than for exchanges.
Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, on Wednesday reported a 54 per cent year-on-year jump in profit after tax to Rs 725 crore in the September quarter of FY27, driven by higher income and increased contributions from multiple business segments. The company had posted a profit after tax of Rs 471.34 crore in the year-ago period. Total income for the July-September quarter of FY27 rose 44 per cent to Rs 1,540.54 crore, compared with Rs 1,071 crore in the corresponding period last year, the Bengaluru-headquartered company said in a stock exchange filing. The company reported increased contributions from most of its products, including the margin trading facility (MTF) and commodity derivatives. However, contribution of equity derivatives to total income declined year-on-year, reflecting market adjustments following the introduction of the Closing Auction System (CAS). "We believe this will recover once the recommendations from Sebi's ...
Q2FY27 results today: Aditya Birla Money, Elecon Engineering Company, Emmvee Photovoltaic Power, Tata Technologies and Groww will announce their quarterly results today
Nifty Capital Markets, a 17-stock index constituting brokers, asset managers, and market infrastructure plays, has rallied 13 per cent YTD.
Shares of capital market-related stocks were in demand on Tuesday amid reports that SEBI is likely to exclude derivatives from the Closing Auction Session (CAS) for at least a year.
Tiwari says a sustained rise in crude oil prices could have implications for inflation, the fiscal position and corporate margins, and could consequently weigh on the broader earnings outlook.
Peak XV Partners has sold a 1.46 per cent stake in Groww's parent company Billionbrains Garage Ventures for Rs 1,756 crore, trimming its holding in the stockbroker through a bulk deal on the NSE. Peak XV Partners Investments VI-1, an affiliate of the venture capital firm, offloaded 9,17,14,208 shares, representing a 1.46 per cent stake in the Bengaluru-based trading platform. The transaction was executed on Wednesday at an average price of Rs 191.49 apiece, taking the aggregate value to Rs 1,756.23 crore. The sale brought down Peak XV Partners' stake in Billionbrains Garage Ventures to 14.22 per cent from 15.68 per cent. The venture capital firm and its affiliates, however, continue to be the largest public shareholder in Groww. The buyers of Groww's shares could not be identified from the NSE data. On Thursday, shares of Billionbrains Garage Ventures rose marginally to trade at Rs 190.14 apiece on the National Stock Exchange (NSE). The latest transaction adds to a series of stak
Jefferies said that MTF will become a significantly larger contributor to Groww's revenue in the coming years. Its share in revenue is projected to rise to 14 per cent by FY29E from 5 per cent in FY26
The MSCI Standard Index will see four additions, Adani Energy Solutions, Billionbrains Garage Ventures, Laurus Labs, and Lenskart Solutions.
Groww Stock: According to data compiled by Bloomberg, about 126.2 million shares of the stockbroking company changed hands in two block trades.
Analysts attributed the weakness to capital market regulator Sebi's latest study, which showed a decline in active derivatives traders in FY26 following tightened regulations.
Startup accelerator Y Combinator on Tuesday divested nearly a 1.2 per cent stake in Billionbrains Garage Ventures, the parent company of Groww, for Rs 1,435 crore through an open market transaction. US-based Y Combinator through its affiliate YC Holdings II, LLC, sold a total of 7,46,87,500 shares, representing a 1.19 per cent stake in Bengaluru-based Groww, as per the bulk deal data on the BSE. The shares were offloaded at an average price of Rs 192.16 apiece, taking the transaction size to Rs 1,435.19 crore. After the latest transaction, YC Holdings II LLC's shareholding in the stock broking firm declined to 7.44 per cent from 8.63 per cent. Details of the buyers of Billionbrains Garage Ventures' shares could not be ascertained on the exchange. Shares of Billionbrains Garage Ventures settled 2.52 per cent lower at Rs 193.70 apiece on the BSE on Tuesday. In May, Y Combinator sold a 1.45 per cent stake in Billionbrains Garage Ventures for Rs 1,642 crore through an open market ...
In early deals on Tuesday, as many as 76.55 million equity shares representing 1.22 per cent of total equity of Groww changed hands on the BSE, the exchange data shows.
As per the 360 One Capital report, NSE active clients declined in July by 1.8 per cent M-o-M and 3.6 per cent Y-o-Y.
MSCI's August review adds four Indian companies and removes three, with India's index weight rising marginally to 11.9 per cent and constituents increasing to 166
The MSCI India Domestic Small Cap Index will see a broader reshuffle, with 12 stocks added and 19 removed.
Subramanya SV and Anand Dalmia will exit Groww after completing a planned one-year transition following Fisdom's acquisition and integration into the fintech firm's wealth business