Page 9 - Market News

PB Fintech shares tank nearly 7% on fundraise for international foray

Shares of Policybazaar parent PB Fintech fell sharply after it announced plans to raise funds via QIP to pursue inorganic expansion in overseas markets

New product launches to keep growth momentum healthy for Sun Pharma

Strong Q3 performance and a steady pipeline of new launches are expected to support Sun Pharma's growth outlook, with brokerages upgrading the stock

Gold extends biggest fall in over a decade as rally snaps; silver down

The white metal recorded its biggest ever intraday decline in the previous session

Govt's FY27 borrowing plan pushes up yields higher; rupee gains

The higher-than-expected borrowing could mean weekly gross supply at Rs 37,000 crore, up from Rs 31,000 crore, assuming 47 auctions during the year, Nomura said in a report

Budget 2026 reinforces stability as growth strategy stays on course

Budget 2026 retains fiscal discipline, raises capex and borrowing, and outlines reforms to support infrastructure, manufacturing, and long-term economic growth

Silver crashes ₹1.28 lakh from peak in 1 day: Should you bet on gold now?

Silver futures, which touched a peak of ₹4.2 lakh a kg on Thursday, fell 30% to ₹2.92 lakh in a day. Gold also weakened by 17.53%, but silver lost more. Are we seeing a 1980s redux?

Gold, silver ETFs log biggest single-day fall as prices crash 10-20%

Gold and silver ETFs in India logged their steepest single-day fall as global precious metal prices retreated sharply after a strong rally

Sensex, Nifty see worst January in a decade; mcap erodes most in 11 mths

Benchmarks fell over 3% each in January amid heavy FPI outflows, weak earnings growth and rupee pressure, with nearly ₹16 trillion wiped off market capitalisation

Rupee slips to 92 against US dollar before RBI pulls it back slightly

The rupee slid to an intraday low of 92 per dollar amid dollar demand and FPI outflows, with RBI intervention preventing a breach of the key psychological level

RPG Life Sciences tumbles over 10% as Q3 net profit declines 20% YoY

The scrip declined 10.6 per cent to the day's low of ₹1,880 on the National Stock Exchange (NSE)

Smallcaps slide after 2 yrs of outperformance: Here're top gainers, losers

The category saw a reversal of fortune in 2025 amid a broadbased selloff. Krishna Kant & Ram Prasad Sahu analyse the ones to watch out for in 2026

Volatility woes: Market breadth weakest in 11 months amid FPI selloff

In January, the ADR slipped to its lowest level in nearly a year. According to BSE data, the ratio stood at 0.78 as of January 23, the weakest reading since February 2025

Cautious near-term outlook to weigh on Info Edge amid weak IT hiring

The company's billings in Q3 for the Naukri or recruitment segment were up 11 per cent year-on-year but were lower than Street expectations

SBI MF to buy at least 10% of Adani Power's record rupee bond issue

The remaining 6.75 billion rupees and 12.75 billion rupees will be raised through four- and five-year papers, ‌respectively, the bankers said

Jio BlackRock AMC attracts 1 million investors, 18% are first-time entrants

Jio BlackRock Asset Management, which launched its services in May, has built an investor base of 10 lakh, with nearly 18 per cent comprising first-time mutual fund investors, its MD and CEO Sid Swaminathan said on Tuesday. The joint venture between Jio Financial Services and BlackRock has also seen strong participation from investors beyond major metros, with 40 per cent of its retail investors coming from B-30 cities, significantly higher than the industry average of 28 per cent. B-30 cities in India refer to cities beyond the top 30. Speaking to reporters here, Swaminathan attributed this deeper market penetration to its technology-led approach and sustained focus on investor education. Jio BlackRock AMC manages assets worth over Rs 13,700 crore, with equities accounting for around 30 per cent of the total assets under management, while the remaining 70 per cent is invested in fixed income and cash. Looking ahead, the company plans to focus on key strategic initiatives, includi

Sebi mulls ₹20,000 cr threshold to identify 'significant' market indices

Sebi has proposed a Rs 20,000 crore AUM threshold to classify significant indices, bringing key benchmarks used by mutual funds under its new index providers regulations

Bharat Coking Coal makes stellar stock market debut, shares soar 77%

The stellar debut follows an encouraging response to its Rs 1,071 crore IPO, the first on the mainboard during calendar 2026

Shadowfax bags ₹856 crore from anchors ahead of IPO launch on Jan 20

Logistics services provider Shadowfax on Monday said it has collected Rs 856 crore from anchor investors, a day before the opening of its initial share sale for public subscription. The anchor book attracted participation from a wide range of domestic and global investors, including mutual funds, insurance companies, pension funds and foreign institutions. The top investors in the anchor round include Nippon India Mutual Fund (MF), ICICI Prudential MF, JM Financial MF, Motilal Oswal MF, Government Pension Fund Global, ICICI Prudential Life Insurance Company, Societe Generale, HSBC Global Investment Funds, Eastspring Investments and Jupiter India Fund, according to a circular uploaded on BSE's website. The company allocated 6.90 crore equity shares to anchor investors at a price of Rs 124 per share, which is also the upper end of the IPO price band. This takes the total fundraising to Rs 856 crore, the circular noted. Of the total shares allotted to anchor investors, around 3.68 cro

Leadership continuity positive for ICICI Bank as provisions weigh on profit

Reversal of provisioning is also expected to support the stock going ahead

India's Russian crude oil buys may average 1.2 mbpd amid sanctions: Kpler

India is diversifying its crude slate by stepping up purchases from traditional suppliers such as Iraq and Saudi Arabia