Asset management and broking stocks surged on Thursday following Sebi’s revised mutual fund fee structure and broking fee caps. The regulator’s less severe overhaul, with reduced expense ratio cuts and lower brokerage fee limits, led to a relief rally, with several AMC and brokerage firms seeing significant gains.Read More

E-commerce platform Meesho’s market capitalization surged past ₹1 lakh crore within seven sessions of its listing, closing Thursday at ₹234 per share. This significant growth, up 37% since its December 10th debut, is attributed to its focus on Tier 2 and 3 city consumers and a robust, asset-light business model generating positive cash flows.Read More

The Indian rupee strengthened on Thursday, closing at 90.24 against the US dollar. This marks a second consecutive day of gains. Corporate dollar inflows and falling global commodity prices supported the rupee’s rise. Experts noted a favorable shift in supply dynamics. Investors are now watching central bank policy announcements and US inflation data.Read More

JPMorgan Asset Management’s Bob Michele sees continued strength in emerging market local-currency bonds heading into 2026, despite expectations of a waning dollar. High real yields are attracting investors to the under-allocated asset class, which has already seen significant gains this year. Michele favors specific emerging market currencies, even as the dollar could potentially reach new...Read More

SoFi Technologies has launched its own US dollar stablecoin, SoFiUSD, fully backed by cash reserves. The digital bank plans to offer the token to its members soon, aiming to facilitate 24/7 settlements for card networks, retailers, and businesses. This move aligns with a broader trend of financial firms embracing stablecoins for faster and cheaper money...Read More

Markets traded cautiously, ending flat as consolidation continues, influenced by global cues and currency concerns. Key stocks like Ola Electric, ICICI Prudential AMC, and Bharti Airtel are in focus due to promoter stake sales, IPO debut, and CFO appointment respectively. NTPC plans significant capacity expansion, while Vodafone Idea raised funds for network investment.Read More

Nifty consolidated with a weak bias on Thursday, closing marginally lower. Analysts suggest the short-term trend remains choppy, with the 25,700 level appearing vulnerable. Foreign portfolio investors and domestic institutional investors showed net buying activity.Read More

Binance’s APAC head, SB Seker, believes regulatory certainty will drive institutional and retail adoption of digital assets in India. Currently, a lack of clear regulations hinders fund managers from recommending crypto and pushes peer-to-peer transactions to the fringes, creating risks. Consumer safeguards are linked to licensing frameworks beyond AML registration.Read More

Anupam Rasayan’s stock surged following its $150 million acquisition of US-based Jayhawk Fine Chemicals. This strategic move grants Anupam a US manufacturing presence, enhancing its global CDMO capabilities and polymer portfolio. The deal, funded through internal accruals and structured equity, is expected to be EPS accretive from day one and significantly boost US export share.Read More

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