Shares of Meesho fell 10% to hit the lower circuit after the company revealed a Rs 1,500-crore tax demand from the Income Tax Department, nearly half of its Q3 operating revenue. The demand relates to the 2023-24 assessment year. Meesho said it disagrees with the order and is evaluating legal and factual grounds to contest...Read More

Despite selling Rs 74,700 crore in FY26, FIIs steadily increased stakes in 58 Indian stocks above Rs 3,000 crore market cap. Fourteen delivered 50–1,650% returns, with five becoming multibaggers, highlighting selective institutional confidence and strong stock-specific performance across sectors.Read More

Greenko Energies Pvt. is exploring a potential initial public offering in Mumbai. The company aims to raise up to $1 billion. This move could test investor interest in renewable energy shares. The company is backed by GIC Pte. and Abu Dhabi Investment Authority. Discussions with bankers are underway for a possible share sale this year....Read More

European shares slumped to their lowest in over two months on Monday, as surging oil prices exacerbated inflation worries with ‌the U.S.- ⁠Israeli ⁠war on Iran showing no signs of slowing down.Read More

Global markets are grappling with a surge in crude oil prices, with Brent crude exceeding $100. Strategists note that markets are already digesting this shock, impacting Asian markets significantly. India, however, may face less downside due to its recent economic efficiency and ability to purchase Russian oil, though the duration of the conflict remains a...Read More

The surge in crude oil prices triggered a sharp selloff in Indian equities on Monday. The benchmark BSE Sensex fell nearly 2,400 points shortly after opening, while the Nifty 50 dropped more than 700 points, before recovering some of the losses. All sectoral indices were trading in the red.Read More

Market turbulence offers chances to buy. Vikas Khemani of Carnelian Asset Management sees opportunity in corrections. He highlights banks, consumer sectors, and pharmaceuticals as attractive. PSU banks also present value. Khemani advises a long-term view, noting Indian economic fundamentals are strong. Short-term price drops in good companies are chances to invest.Read More

The India VIX nearly doubled in a month, reflecting rising fear among investors amid geopolitical tensions and global uncertainty. Surging crude prices and persistent foreign selling have triggered sharp equity declines, with the Nifty 50 down 8%, keeping markets volatile and investors cautious.Read More

Billionaire Leo KoGuan has doubled his investment in chipmaker Nvidia. He purchased an additional one million shares. This move comes as global markets face a selloff due to the Middle East conflict. KoGuan hopes his purchase will help calm nervous markets. Nvidia shares have seen a slight dip this year. Tesla shares are also down.Read More

Indian markets opened lower today. Global uncertainties and rising crude oil prices are impacting investor sentiment. A market strategist advises against panic. He suggests a good range for potential market bottoms. Investors should focus on domestic-facing sectors. Upstream oil companies are recommended over downstream ones. Gold and silver have seen profit-taking. The CDMO space in...Read More