ICICI Prudential Mutual Fund’s new Conglomerate Fund targets India’s largest promoter-led business groups, betting on their structural strength and diversified earnings for long-term wealth creation. The fund will balance mature cash generators with emerging growth engines, employing a dual-lens framework of structural strength and cyclical opportunity.Read More
Gen Z is increasingly investing in real estate for passive income and financial freedom, prioritizing flexibility and tech-driven decisions. Fractional ownership offers lower entry costs and diversification, making it an attractive alternative to traditional property investment for young investors seeking steady rental yields.Read More
A significant uptick in futures open interest indicates substantial growth in the number of active, unexpired futures contracts for a specific security.Read More
WhiteOak Capital AMC’s CEO Aashish Somaiyaa says markets may stay flat in the near term, but the outlook beyond mid-2025 appears to be brighter. He expects earnings growth to pick up, urges investors to stay consistent with SIPs. Further, he highlights banking, manufacturing as well as tech as potential long-term playsRead More
When a stock closes below its VWAP, it indicates that the closing price is lower than the average price at which it traded throughout the day, weighted by trading volume.Read More
Saatvik Green Energy shares: Saatvik Solar Industries, a subsidiary of the company, secured new solar PV module supply orders worth ₹638.85 crore from three independent power producers and EPC firms, to be completed by June 2026. This marks its second major win in a week, following two earlier orders totaling ₹707 crore announced on October...Read More
Persistent Systems shares surged on Wednesday after the company announced robust Q2 FY26 financial results. Net profit saw a significant 45.1% year-on-year jump. Revenue also grew strongly. Brokerages like Nuvama and Choice International Equities reiterated their positive ratings, citing strong deal momentum and growth potential, especially in AI. The company’s performance exceeded expectations.Read More
Following Tata Motors’ recent demerger, investors are now awaiting the separate listing of its commercial vehicle arm, Tata Motors Commercial Vehicles Ltd (TMLCV), valued at around ₹260.75 per share. The record date for the split was October 14, with eligible shareholders set to receive one TMLCV share for every Tata Motors share held.Read More
Oil prices are dropping. The International Energy Agency warns of a potential surplus of 4 million barrels per day in 2026. This is due to increased output from producers and sluggish demand. Trade tensions between the United States and China are also a concern. Investors are watching U.S. inventory data for clues on demand.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.