Page 2 - Market News

Dynamic bond funds diverge on duration, credit bets amid volatility

Dynamic bond funds adopt sharply different duration and credit strategies as rising yields and global risks cloud the interest-rate outlook

No decision yet on India IPO; Pernod Ricard explores strategic options

French spirits major Pernod Ricard on Tuesday said that no decision has been made on the listing of its Indian subsidiary, although it continues to explore options to create shareholder value. The company, which owns popular brands such as Absolute, Chivas Regal, and Glenlivet, said, "At this stage, no decision has been made regarding any particular action or involving any of these options." However, it also said it regularly "assesses and evaluates" its strategic opportunities and is continuously exploring options to create value for its shareholders, including optimising its capital structure. Its local subsidiary, Pernod Ricard India (PRI), is the leading Indian alchoBev player with a revenue of Rs 27,446 crore for FY2024-25. It has grown at a high single-digit CAGR of 8 per cent over the last five years. PRI has recently divested its Imperial Blue business to home-grown Tilaknagar Industries. Now, PRI's Segram profile consists of the brands Royal Stag, Blenders Pride, 100 Piper

Rupee falls 0.4% to 93.49 per dollar as RBI eases derivative curbs

Governor Sanjay Malhotra had signaled on April 8 that the measures would not remain "forever," signaling a temporary approach

NSE eyes differentiated commodity play, plans 12 unique contracts

Exchange aims to expand its commodity segment with differentiated offerings, focusing on product innovation, retail participation, and value-chain engagement

Kingfa Science, Quality Power among top stocks to buy today; check targets

Kunal Kamble, sr. technical research analyst at Bonanza, has recommended buying shares of Kingfa Science and Technology, KRN Heat Exchanger, and Quality Power today

Balanced advantage funds ramp up equity exposure as valuations ease

Net equity holding surges to multi-year high for multiple schemes

Indices rally on hopes of US-Iran deal; Sensex, Nifty hit one-month highs

Equity markets surged as easing crude oil prices and optimism over renewed US-Iran talks boosted sentiment, lifting benchmark indices to their highest levels in over a month

Akshaya Tritiya likely to keep its shine under gold's costly glare

Jewellery retailers expect strong Akshaya Tritiya demand despite high gold prices, supported by festive sentiment, wedding season demand and growing interest in diamond jewellery

Why short-term market volatility rarely changes the long-term view

Stock prices ultimately reflect corporate earnings, not newspaper headlines. India's long-term story rests on fundamentals that geopolitics cannot easily touch

360 One bags ₹2k cr for PIPE strategy; Wealth Company MF enters SIF space

360 One Asset raises ₹2,000 crore for PIPE bets, while Wealth Company MF enters the SIF space with long-short strategies targeting flexible equity returns

Inflows, outlook remain robust for listed asset management companies

AMC inflows remain strong despite a dip in AUM due to market correction, with steady SIP contributions and retail participation supporting long-term growth outlook

On the way out? Dealer-led trading in sharp decline, shows data

Dealer-led systems, which accounted for more than 60% of turnover in the equity cash market in FY15, had fallen to about 25.1% by FY26, according to data from NSE

Myntra names Sharon Pais as head as Flipkart accelerates 2027 IPO plans

Myntra has appointed Sharon Pais as its new head as Flipkart accelerates plans for a 2027 IPO, with focus on quick commerce, AI and Gen Z-driven growth

Sarda Energy gains 5% after HDFC Sec initiates coverage with 'buy' rating

Stock up 14% year-to-date even as Nifty has declined nearly 9%

Sensex jumps 2,946 points, Nifty nears 24,000: Key reasons behind the surge | Share Market news

Indian markets surged sharply, with the Sensex jumping 2,946 points and the Nifty nearing 24,000. What’s driving this massive rally?

Sebi tightens lock-in norms; LIC jumps on bonus plan; IFSCA cancels licence

Shares of Life Insurance Corporation of India (LIC) surged nearly 7 per cent on Wednesday, a day after the state-owned insurance major said it will consider a bonus issue

Rupee to stabilise at 92-93 as inflows improve, says EAC-PM chairman

Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected to stabilise at the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. Dev said the currency had faced pressure due to global uncertainties, including the recent conflict between the United States and Iran, and the withdrawal of foreign institutional investors (FII). His remarks come after a temporary ceasefire between the US and Iran has helped calm global markets, easing fears of supply disruptions in the oil market and reducing volatility in currencies, including the Rupee. "Rupee is stabilising at 92-93. Because of global war-related headwinds and FII withdrawals, there was pressure. But despite these odds, Rupee will stabilise at these levels. One should not worry," Dev said on the sidelines of the ..

Rupee extends rally, forward premiums slump as oil dives on ceasefire

The one-year implied rate on the dollar/rupee forward fell 22 basis points to 3.08 per cent

Strong outlook may sustain valuations for Godrej Consumer Products

GCPL's Q4FY26 update signals steady demand, broad-based growth and resilient margins, with cost pressures likely but manageable, supporting valuations in a volatile environment

FPIs dump financials, autos, metals in late March sell-off, shows data

Overall, FPIs turned net sellers to the tune of ₹1.18 trillion in March, as escalating tensions in West Asia and a sharp rise in crude oil prices triggered a risk-off sentiment