Shares of Anil Agarwal-led Vedanta Ltd rallied as much as 3% to their fresh 52-week high of Rs 699 on the BSE on Friday after copper prices bounced back to inch closer to its fresh high of $13,407 on the London Metal Exchange. Zinc prices also edged higher by about a percent.Read More

The selloff follows management commentary on resilient operating performance during December, a month marked by industry-wide disruptions after large-scale IndiGo flight cancellations and rescheduling across the country.Read More

Paytm Share Price: Paytm’s stock experienced a significant drop due to market worries about the Payment Infrastructure Development Fund. This scheme’s potential discontinuation could impact digital payment providers. However, a brokerage firm has initiated coverage with a positive outlook, forecasting substantial growth. Meanwhile, domestic mutual funds have reduced their holdings in Paytm for the first...Read More

Eternal shares have fallen, erasing nearly $2 billion in market value, despite brokerages raising target prices, creating uncertainty for investors. The decline comes even as Blinkit turned EBITDA-positive amid intense competition, and a leadership change with CEO Deepinder Goyal stepping down may have added to market jitters.Read More

Market expert Sandip Sabharwal suggests real estate stock pessimism may be misplaced due to accounting practices, highlighting DLF, Godrej Properties, and Prestige as selective buying opportunities. He also sees potential in large banks and select NBFCs, with midcaps and smallcaps offering the best risk-reward over two years.Read More

India’s market regulator has accused top executives from PwC and EY, along with global private equity firms Carlyle and Advent, of insider trading. The allegations stem from a 2022 Yes Bank share sale. SEBI claims these individuals shared confidential information, leading to unlawful gains. This action highlights a crackdown on market manipulation and insider trading...Read More

Adani Group stocks tumbled up to 10% after the US SEC sought court permission to email summons to Gautam Adani and Sagar Adani regarding an alleged $265 million bribery scheme. India had previously rejected official requests for service, citing procedural grounds. The SEC is pursuing the case, which involves allegations of bribing Indian officials and...Read More

DLF Ltd’s sales bookings declined 16 percent to Rs 16,176 crore in the first nine months of this fiscal year. This decrease was due to reduced new home supply. The company remains confident in achieving its annual sales target of Rs 20,000-22,000 crore. DLF reported a 14 percent increase in net profit for the December...Read More

IndiGrid Infrastructure Trust successfully raised Rs 1,500 crore via an oversubscribed institutional placement, attracting significant participation from insurance and mutual funds. This capital infusion, alongside a prior preferential issue, brings their total FY26 equity fundraising to Rs 1,938 crore. The move bolsters their balance sheet, enabling disciplined growth and enhancing unitholder value.Read More

Market expert Sandip Sabharwal highlights opportunities in strong large-cap stocks amidst volatility. He sees potential in InterGlobe Aviation due to its financial strength and market dominance. The IT sector offers moderate returns with improving order signings. Sabharwal advises extreme caution on financial stocks, especially after the IIFL episode.Read More