With the Nifty in a sell-on-rise phase and key support levels under threat, markets brace for two mega IPOs even as NSDL's post-listing rally stuns the street
Ramping up retail liabilities, scaling secured retail and MSME assets, and being selective in the corporate space are some of the focus areas for the current fiscal, as IndusInd Bank is making efforts to come out of the financial mess caused by past frauds, its chairman Sunil Mehta has said. Observing that FY25 was a watershed year for the bank, Mehta said, "This was also a year of internal reckoning. We faced certain challenges that required swift, transparent and decisive actions by the board and management. These events, while unfortunate, have catalysed a major transformation rooted in ethics, accountability, transparency and long-term sustainability". The Hinduja family-promoted bank, which is reeling under a slew of issues stemming from alleged irregularities at the top management in recognising bad loans and trading reverses, had reported a consolidated net loss of Rs 2,329 crore for the March quarter of FY25. In March this year, the bank reported a Rs 1,979 crore accounting
Market Technical outlook: Sensex, Nifty may witness some bounce back as benchmark quote in oversold zone; chart shows major hurdles at 81,900 and 25,325 levels for these indices.
Markets moved. Wealth didn't. One year later, it's deja vu for investors
New framework will be applicable from July 28, changes expected to benefit 28 companies
Nifty logs third straight weekly drop amid earnings jitters; IFSCA takes action against ghost firms in GIFT City; IPO pipeline swells ahead of July 31 deadline
Sambhv Steel Tubes shares rose 7 per cent on Tuesday after it reported its sales volume growth for Q1-FY26
State Bank of India (SBI) is set to raise ₹25,000 crore through a qualified institutional placement (QIP) - the largest QIP ever in the domestic market
At 10:12 AM, shares of Dixon Technologies were trading at ₹15,750, up by 1.79 per cent on the National Stock Exchange.
Since April, the Nifty 50 and Sensex have surged nearly 17% from their lows, riding one of the strongest rallies we’ve seen this year.
Shares of Nuvama Wealth Management, majority-owned by private equity (PE) firm PAG, fell over 10 per cent on Friday
ASK Automotive shares rose over 5 per cent after the board approved forming a joint venture with Germany's T.D. Holding GMBH
Sensex and Nifty fell over 1 per cent on Monday after the US struck three nuclear sites in Iran with bunker-busting bombs
The Nifty 50 index broke new ground, closing "decisively" above the 25,000 mark for the first time since September 2024
Thus far in CY25, the Nifty IT index has been an underperformer, slipping nearly 11 per cent as compared to 5 per cent rise in the Nifty 50 index
The contribution of small-caps to the overall market-cap has grown 1.4 times over the last three years, the Bajaj Finserv AMC note said.
Garre tells that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps
The Nifty has hit a new high in each of 5 occasions post formation of 'Golden Cross' on the daily chart since 2019, clocking an average gain of 24.4%; shows historical study.
Weekly Market Outlook: The BSE Sensex may trade in the 80,600 - 82,300 range this week, the BSE benchmark could surge to 83,770 levels in June; suggests technical chart.
The Securities Appellate Tribunal (SAT) will resume proceedings on Monday after a three-week summer recess