Domestic Institutional Investors (DIIs) trimmed stakes in several Nifty500 companies during Q1FY26. Key names with reduced holdings include Cohance Lifesciences, JK Tyre, KNR Constructions, IndusInd Bank, Coromandel International, and Aditya Birla Fashion, signaling changing investment sentiment.Read More
IT stocks continued to slide for the fourth day in a row on Thursday as the staggering hike in US H-1B visa fees continues to hurt investor sentiment.Read More
Akcenture announced its fourth-quarter revenue. The revenue surpassed Wall Street estimates. This was driven by strong demand for AI consulting. Enterprise clients are scaling up AI projects. They are digitizing operations and focusing on data security. The company’s new bookings reached 21.3 billion dollars. The fourth-quarter revenue was 17.6 billion dollars. This exceeded the estimated...Read More
NSE’s investor base crossed 12 crore, with women representing one-fourth and nearly 40% under 30. Growth driven by streamlined KYC, financial literacy, and market buoyancy. SIP inflows, indirect participation, and investor education programs surged, while NSE-listed firms’ market cap reached Rs 460 lakh crore.Read More
Hindustan Aeronautics Limited (HAL) surged after securing a Rs 62,370 crore contract from the Ministry of Defence to supply 97 Tejas Mk-1A fighter jets, boosting indigenous defence manufacturing and strengthening the Indian Air Force’s fleet modernization plans.Read More
Seven BSE 500 stocks, including TCS, Praj Industries, and United Breweries, hit fresh 52-week lows as Sensex slid 555 points. Declines reflect weak sentiment and technical pressure across sectors.Read More
Indian equities slid for a fifth straight session Thursday, with the Sensex and Nifty dragged lower by financial and IT shares as persistent foreign outflows and worries over U.S. visa curbs weighed on sentiment.Read More
PPFAS Mutual Fund is adopting a cautious stance amid stretched valuations in Indian markets, favoring selective investments in private banks, auto stocks, and international equities. The fund house emphasizes holding higher cash levels, awaiting better opportunities due to tepid growth in certain sectors. They also suggest rebalancing portfolios with debt exposure through hybrid funds.Read More
The rupee edged up 7 paise to 88.68 against the dollar due to suspected RBI intervention, despite a strong US dollar, H1-B visa fee hike, and rising crude oil prices. Exporter dollar sales and RBI actions cushioned the fall, while global trade uncertainties and the US visa fee impact on IT exports remained concerns.Read More
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