Elon Musk’s trust acquired approximately $1 billion in Tesla shares on September 12, as revealed in a regulatory filing. This purchase occurred around the same time Tesla Chair Robyn Denholm discussed Musk’s potential trillion-dollar pay package tied to ambitious company goals. Following this news, Tesla shares experienced a significant surge, climbing as much as 7.3% before regular trading commenced.Read More
In August 2025, mutual funds invested Rs 70,534 crore in Indian equities, adding 13 key stocks to multiple schemes. Top performers included Eternal, One97 Communications, and Kaynes Technology, while some popular picks like Infosys and Sona BLW faced negative returns, reflecting mixed fiscal-year performance.Read More
In August, six mutual funds fully exited 11 small cap stocks, according to Nuvama Institutional Equities. Exits included Cartrade Tech, PNB Housing, Kaynes Tech, Go Fashion, MAS Financial Services, JNK India, PG Electroplast, Chambal Fertilisers, Godawari Power, and Yatra Online, reflecting active portfolio reshuffling.Read More
Data centre stocks surged over 12%, but Shankar Sharma warned the rally is a ‘hope trade.’ He likened the business to telecom towers, citing heavy capex, weak economics, low ROI, and high customer bargaining power.Read More
SEBI’s new rules—cutting mutual fund exit load caps to 3% and reclassifying REITs as equities—were termed “progressive” by Anand Rathi Wealth’s Feroze Azeez, though he stressed their practical impact will differ across funds, assets, and investors.Read More
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