Sumitomo Mitsui Banking Corporation divested its 1.65% stake in Kotak Mahindra Bank for Rs 6,256 crore through block deals, with shares sold at Rs 1,940.8 apiece to various domestic and foreign investors. Kotak Mahindra Bank’s shares closed higher, despite trading below key moving averages.Read More

The Swedish buy-now-pay-later company Klarna made its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year.Read More

Oracle shares soared 41% on Nasdaq after unveiling an AI Center of Excellence for healthcare. The rally pushed year-to-date gains above 100% and lifted co-founder Larry Ellison past Elon Musk as the world’s richest man.Read More

Nifty extended gains for the sixth session, supported by IT and financial stocks. Analysts see bullish momentum with Nifty above 21EMA. Experts recommend HAL, NLC, BEL, Indraprastha Medical, and Waaree Energies as top stock picks for Thursday.Read More

Indian markets extended gains for the sixth session as Nifty and Sensex closed higher, driven by optimism over India–US trade talks, potential GST cuts, and expectations of a U.S. Fed rate cut.Read More

Trump Media and Technology Group announced the filing for five new exchange-traded funds with the U.S. Securities and Exchange Commission on Wednesday.Read More

Markets regulator Sebi on Wednesday cancelled the registration of 18 investment advisers for failing to pay renewal fees, a statutory requirement under its regulations.Read More

Sensex climbed 324 points to 81,425 on Wednesday as smallcap stocks outperformed. Eight BSE smallcap firms, including HBL Engineering, Shaily Plastics, GMDC, Maharashtra Scooters, and Prime Focus, touched fresh 52-week highs, signaling bullish momentum and investor confidence.Read More

The S&P 500 and Nasdaq reached intraday record highs following encouraging producer inflation data, fueling expectations of Federal Reserve interest-rate cuts. Oracle’s surge further propelled market gains. At the opening bell, the Dow Jones Industrial Average experienced a slight increase, while the S&P 500 and Nasdaq Composite saw more substantial rises.Read More

Several NSE midcap stocks, including Nykaa, P&G Hygiene, FACT, Dixon, GE Vernova T&D, Colgate-Palmolive, and Page Industries, are trading significantly above book value, reflecting strong investor expectations, growth potential, or premium market valuations.Read More