KPI Green Energy shares surged following its parent company’s MoU with Botswana for renewable energy development. The agreement aims to establish large-scale generation, storage, and transmission infrastructure, requiring an estimated $4 billion investment. This collaboration supports Botswana’s net-zero goals and KP Group’s international expansion.Read More
Gold and silver prices dropped on Thursday, with gold futures slipping 0.26% and silver futures falling 0.45% on the MCX, as traders booked profits after silver hit a lifetime high in the previous session. Despite the dip, both metals remain near record levels, supported by strong international cues and a weaker rupee.Read More
SEBI’s move to unbundle statutory levies from mutual fund TER aims for transparency, but Feroze Azeez of Anand Rathi Wealth cautions against excessive cost tinkering. He believes structural clarity is welcome, but drastic cost cuts could harm the thin-margin business and investor outcomes, advocating for scale over penny-wise reductions.Read More
Indian markets are under pressure due to rupee depreciation and trade uncertainty, but the weakness may be temporary, says Dipan Mehta of Elixir Equities. He expects strong January earnings to support stocks, urges caution on Meesho after its sharp rally, and remains sceptical on IGL’s long-term growth amid rising electrification.Read More
AMC and wealth management stocks saw a sharp uptick on Thursday after Sebi’s final expense ratio framework proved less harsh than feared. Investors cheered lower-than-expected TER cuts, the exclusion of GST from base expenses, and limited brokerage fee reductions, easing profit concerns for firms such as HDFC AMC, Nippon Life India AMC, and Nuvama Wealth.Read More
Akzo Nobel India shares: Goldman Sachs bought shares worth ₹106 crore through a bulk deal, while promoter Imperial Chemical Industries sold a much larger stake worth ₹1,296 crore. The heavy promoter selling dragged the stock down over 11% in Wednesday’s session, despite Goldman’s purchase of about 3.36 lakh shares via its India equity portfolio.Read More
Vedanta’s plan to split into five listed, pure-play companies is moving closer to execution after tribunal approval, with Citi arguing the demerger could unlock value by narrowing the conglomerate discount. While key approvals and asset transfers are still pending, the brokerage says parent-level debt remains manageable and sees upside from aluminium prices, cost efficiencies and...Read More
On December 17, seven Nifty500 stocks closed more than 1.5% below their VWAP levels, signalling potential bearish pressure. A close below VWAP indicates the stock ended the session beneath its volume-weighted average price, often reflecting rising selling interest and weakening intraday sentiment among market participants.Read More
Titagarh Rail Systems secured a significant Rs 273.24 crore rail maintenance project from the Ministry of Railways for 62 Rail Borne Maintenance Vehicles. This contract, covering the entire lifecycle of the specialized machines, marks the company’s expansion into integrated rail safety solutions. Despite a recent Q2FY26 dip, the company maintains a robust order book.Read More
Dubai and Abu Dhabi are emerging as prime global wealth hubs for Indians, attracting high-net-worth individuals with their favourable tax regimes, robust business environments, and high-quality lifestyle. Seamless connectivity, a strong Indian diaspora, and attractive residency pathways like the Golden Visa are key drivers for this migration and investment trend.Read More
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