Following SEBI’s reclassification of REITs as equity instruments, these trusts are attracting increased investor interest, particularly from HNIs and institutions. This shift is occurring partly at the expense of listed property developers, as REITs offer stability and lower volatility. The reclassification is boosting REIT values and potentially paving the way for index inclusions.Read More

Pace Digitek plans to raise ₹819 crore through an IPO to fund battery energy storage systems, diluting promoter stake to 69.5%. The company has shown improved financials with a strong order book, but faces revenue concentration in the telecom sector. While aiming for renewable energy expansion, margin volatility in that segment warrants investor caution until...Read More

Indian markets faced pressure, extending losses amid persistent underperformance in key sectors and FII outflows. Reliance Consumer Products and Coca-Cola bottlers pledged ₹65,000 crore to boost food processing. NTPC will commence operations at its Nokh Solar Project, while ABB India invests ₹140 crore in its LV motors facility.Read More

Indian stock markets saw a fifth day of losses. Nifty dipped below 25,000. Foreign fund outflows and US visa concerns impacted sentiment. Analysts foresee continued market pressure. They are watching global cues and India-US trade talks. India VIX rose, indicating market fear. Rupee settled slightly higher due to suspected RBI action. FIIs increased their net...Read More

Promoters, including Nikhil Jaisinghani and Anil Jaisinghani, divested ₹1,739 crore worth of Polycab India shares through a block deal on the NSE, selling 23.32 lakh shares at ₹7,458 each. This sale reduced their collective stake from 48.7% to approximately 47.1%. Prominent buyers included JP Morgan Fund, Morgan Stanley Asia Singapore, and Kotak Mahindra Life.Read More

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Infosys and Wipro ADRs slipped after Accenture’s strong Q4 earnings beat estimates, with revenue rising 7% and AI-driven bookings boosting outlook. Despite robust growth, Accenture shares dipped 1.2%, sparking sentiment shifts across global IT stocks.Read More

Indian markets closed lower for the fifth straight session as auto, IT, and financial stocks dragged indices. However, select stocks like Hindustan Copper, Netweb Technologies, and Newgen Software surged on strong orders and global commodity cues.Read More

Indian markets extended their losing streak as Nifty slipped below 25,000, signaling bearish sentiment. Analysts highlight key supports and resistance while recommending stocks like Agarwal Eye, RBL Bank, SAIL, and CreditAccess Grameen for potential upside trades.Read More

Indian markets fell for a fifth straight session Thursday as Sensex and Nifty declined nearly 0.7%. Selling in financials, IT, pharma, and healthcare, coupled with FII outflows and US trade concerns, kept sentiment weak despite gains in metals.Read More