Indian indices closed higher on Thursday, with the Nifty surpassing 25,000 for the first time in three weeks, driven by positive sentiment despite mixed global cues and concerns about slowing earnings. The Nifty gained 0.1% to close at 25,005.5, while the Sensex rose 0.1% to end at 81,548.73, marking the fourth consecutive day of gains.Read More

Tata Capital is planning an IPO in early October, aiming to raise up to ₹17,000 crore through a fresh issue and offer for sale. Tata Sons and IFC are expected to offload shares in the OFS. The IPO is driven by RBI’s directive for large NBFCs to list, enhancing transparency and supporting future lending growth.Read More

Private banks saw a rise in savings account deposits between fiscal year 2019 and 2025. Public sector banks witnessed a decline. Fixed deposits followed a similar trend. Private banks increased their share, while public banks experienced a slip. This shift impacted profitability. Private banks’ net interest margin contracted. Public sector banks expanded their margin during...Read More

Chinese stocks surged on Thursday, fueled by gains in technology companies benefiting from the nation’s push for homegrown tech. The CSI 300 Index experienced its largest increase since mid-March, driven by strong retail investor sentiment and optimism surrounding AI-related sectors. Alibaba’s significant investment in AI infrastructure further boosted market confidence.Read More

Ajay Seth, the new chairman of Irdai, engaged with insurance CEOs in a virtual meeting, receiving an overview of the industry’s performance metrics, including growth and settlement ratios. He expressed his intention to hold a physical meeting later this month for deeper discussions.Read More

The Indian rupee plummeted to a new record low of 88.4425 against the dollar on Thursday, driven by strong dollar demand from importers and growing worries about the impact of US tariffs on India’s economic growth.Read More

Infosys, India’s second-largest IT firm, has approved a ₹18,000 crore share buyback at ₹1,800 per share, marking its largest ever buyback program. The buyback price represents a 19% premium over Thursday’s closing price.Read More

Indian equity valuations, while below historical averages, remain elevated compared to Asian peers, raising concerns amid slowing earnings growth. Foreign investors are paring exposure due to the combination of rich valuations and decelerating nominal GDP growth. Fund managers suggest considering sector weights within Indian indices for a more accurate valuation assessment, as consumer-heavy indices inflate...Read More

Indians are actively buying Apple shares, anticipating a price increase after the iPhone 17 launch. Trading volumes for Apple have significantly increased this month. Buy orders are exceeding sell orders, indicating strong investor confidence. Investors believe the iPhone’s success drives Apple’s stock performance. Some investors are buying now due to a recent drop in Apple’s...Read More