Market

Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season.This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.The shift in sentiment comes amid

The combined market capitalisation of six of India’s top 10 most valued firms dropped by Rs 1.71 lakh crore last week, with IT giants Infosys and Tata Consultancy Services (TCS) facing the largest losses. During the previous week, the benchmark BSE index fell by 759.58 points, or 0.98%, while the Nifty declined by 228.3 points

Investors lost a record Rs 13.3 lakh crore in the first fortnight of the current calendar year — the highest-ever in absolute terms. In percentage terms, the 3% decline was the second-highest in a decade. Foreign portfolio investors (FPIs) were the primary drivers of the downturn, selling shares worth $4.9 billion (Rs 42,363 crore) during

U.S. stocks rallied on Friday to close out a strong week on optimism over the health of the economy and path of interest rates as investors braced for a slew of policy changes under the incoming Trump administration. The S&P 500 and Dow Industrials registered their biggest weekly percentage gains since early November and the

Jio Financial Services on Friday reported a consolidated net profit of Rs 295 crore for the quarter ended December 31, 2024, which was flat versus Rs 294 crore posted in the year-ago period. On a sequential basis, net profit sharply dropped from Rs 689 crore in Q2FY25, as the company received significant profits from associates

The Securities and Exchange Board of India (SEBI) disposed of proceedings against IIFL Securities, without issuing any directions, on Friday. The case pertained to a compliance inspection of the brokerage between April and July 2022. After that, the regulator had issued circulars. In Friday’s order, whole-time member Amarjeet Singh noted that IIFL Securities while denying

The Securities and Exchange Board of India (SEBI) on Friday allowed eight former board members of Paytm’s parent company One97 Communications to settle for non-disclosure of material information for Rs 3.3 crore.
Out of the eight board members, there were seven former directors and the former compliance officer. They had filed for settlement without admitting or

As we move further into January 2025, the IPO market is heating up. With investors and analysts focused on the Q3 earnings of several major companies, there is also another important development, the opening of multiple IPOs. This upcoming week, from January 19 to January 25, will be packed with action, featuring one mainboard IPO