Fintech platform CRED is postponing its IPO, deeming itself “too young” and prioritizing building a robust financial ecosystem. CEO Kunal Shah aims to deepen relationships with affluent users and expand product offerings, fueled by a recent $75 million Series G fundraise. CRED launched new features including asset tracking, curated fixed deposits, and premium credit cards.Read More
Highway tendering remained muted in H1 FY26 due to revised norms and approval delays, but CareEdge expects strong momentum in H2 with over 125 projects identified, despite construction bottlenecks and 7–10% growth moderation.Read More
Axis Securities has picked Bajaj Finance, Lupin, and Mazagon Dock as its top technical bets for the next 3–4 weeks, citing strong breakouts, bullish momentum, and robust technical setups.Read More
India’s market regulator has given the green light to fintech firm Pine Labs for its initial public offering. The IPO, potentially valued at $1 billion, aims for a valuation of up to $6 billion. Pine Labs intends to utilize the IPO proceeds for overseas investments, technology development, and debt reduction, as it competes with major...Read More
Indian equities ended lower on Monday, with the Nifty 50 breaking an eight-session winning streak, as weakness in IT and auto shares dragged benchmarks lower.Read More
The Indian Rupee remained stable on Monday. A weaker dollar provided some support. Importer hedging and weak foreign investment limited gains. India’s trade deficit narrowed in August. Trade talks between India and the United States are scheduled. Investors are awaiting central bank decisions from the U.S., Japan, and the UK. The U.S. Federal Reserve’s rate...Read More
As speculation grows around Sebi’s upcoming consultation paper that may propose a ban on weekly index expiries, Zerodha founder and CEO Nithin Kamath said a complete ban would make sense from an outsider’s perspective. In a post on X, he added he wouldn’t be surprised if Sebi tightened rules to make F&O trading harder for...Read More
Nifty Realty has declined 14% in a year, with some stocks falling up to 66%. However, Elara Capital sees turnaround opportunities, identifying seven realty picks with potential upside of up to 85%.Read More
Elon Musk’s trust acquired approximately $1 billion in Tesla shares on September 12, as revealed in a regulatory filing. This purchase occurred around the same time Tesla Chair Robyn Denholm discussed Musk’s potential trillion-dollar pay package tied to ambitious company goals. Following this news, Tesla shares experienced a significant surge, climbing as much as 7.3%...Read More
In August 2025, mutual funds invested Rs 70,534 crore in Indian equities, adding 13 key stocks to multiple schemes. Top performers included Eternal, One97 Communications, and Kaynes Technology, while some popular picks like Infosys and Sona BLW faced negative returns, reflecting mixed fiscal-year performance.Read More
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