The combined market valuation of seven of the top 10 most valued companies surged by Rs 2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent.
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about USD 2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January. The
Financial services firm Tata Capital is likely to file preliminary papers with markets regulator Sebi to raise USD 2 billion (over Rs 17,000 crore) through an initial public offering (IPO) only after getting final approval from the NCLT for Tata Motors Finance merger with the company, according to sources. ALSO READUpcoming IPOs: 2 SME issues
The upcoming holiday-shortened week is set to see fresh action in the primary market, with two SME IPOs opening for subscription. Meanwhile, one company is gearing up for its much-anticipated listing on the BSE SME platform. Here’s a look at what’s in store for investors this week: IPOs opening this week- PDP Shipping & Projects
Radhakishan Damani, the name synonymous with India’s retail giant DMart, is a master player in the Indian stock market. Currently holding 13 stocks with a net worth of Rs 161,187 cr as per trendlyne.com, his investment strategy and stock market acumen have made him one of India’s wealthiest individuals. Damani is one of the Warren
The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite saw significant losses this week as investor sentiment soured over escalating trade policy actions and signs of economic weakness. While markets attempted a recovery on Friday, they still posted their worst weekly performance in several months, according to CNBC. ALSO READTwo microcap stocks India’s Warren
Gold remains the sole shining star for investors in 2025. While equity market investors are staring at losses in their stock portfolio, the investors in gold are on a high. Gold is up over 40% in the last 12 months, with a 10% gain in 2025 itself. So, what’s driving the gold prices higher? Is
In the first article of the series, we explored why Bitcoin deserves attention as an asset class. In the second and third articles, we discussed the nature of money, its properties, its evolution, and the flaws in our current monetary system—laying the groundwork for understanding Bitcoin. Any revolutionary technology faces skepticism. It took time for
Corporate India is gearing up for a challenging trade environment in the wake of the 27% reciprocal tariffs imposed by the US on Thursday. While the Trump administration has described the move as its moment of liberation, India Inc leaders feel there are some pain as well as some gain. From India’s perspective, key sectors
Dusit International, a leading Thai hotel and property development company, on Thursday announced plans to expand its presence in India by launching its luxury and upper-midscale brands in key emerging markets. The strategic expansion plan builds on the momentum of Dusit’s recent foray into the Indian market with the soft-opening of the contemporary and upscale
The quarterly updates of fast-moving consumer goods (FMCG) companies, which has been released so far for the January-March 2025 period (Q4FY25), present a mixed picture of the sector at a time when urban demand has remained weak. Rural demand, in contrast, has been resilient and is expected to improve in the coming months. While Marico
The stock markets did not significantly react to US President Donald Trump’s imposition of 27% reciprocal tariff on the country’s exports. While both the benchmark indices opened sharply lower, they recouped more than half of their losses. The Sensex closed at 76,295.36, down 322.08 points, or 0.42%, while the Nifty fell by 82.25 points, or
OnEMI Technology, the parent company of digital lending platform Kissht, has grown its assets under management (AUM) by 55% in the financial year 2024-25, to more than Rs 4,200 crore, founder and executive director, Krishnan Vishwanathan, said. In FY24, their AUM had doubled to Rs 2,700 crore. He added that while the overall unsecured loan
