India saw a slowdown in demat account growth in August. Around 24.8 lakh new accounts were added, less than July’s 29.8 lakh. Market caution affected investor enthusiasm. Total demat accounts are now over 20 crore, a fourfold increase since 2020. New investors are mainly young individuals from smaller cities.Read More
Indian indices closed higher on Thursday, with the Nifty surpassing 25,000 for the first time in three weeks, driven by positive sentiment despite mixed global cues and concerns about slowing earnings. The Nifty gained 0.1% to close at 25,005.5, while the Sensex rose 0.1% to end at 81,548.73, marking the fourth consecutive day of gains.Read More
Tata Capital is planning an IPO in early October, aiming to raise up to ₹17,000 crore through a fresh issue and offer for sale. Tata Sons and IFC are expected to offload shares in the OFS. The IPO is driven by RBI’s directive for large NBFCs to list, enhancing transparency and supporting future lending growth.Read More
Private banks saw a rise in savings account deposits between fiscal year 2019 and 2025. Public sector banks witnessed a decline. Fixed deposits followed a similar trend. Private banks increased their share, while public banks experienced a slip. This shift impacted profitability. Private banks’ net interest margin contracted. Public sector banks expanded their margin during this period.Read More
Chinese stocks surged on Thursday, fueled by gains in technology companies benefiting from the nation’s push for homegrown tech. The CSI 300 Index experienced its largest increase since mid-March, driven by strong retail investor sentiment and optimism surrounding AI-related sectors. Alibaba’s significant investment in AI infrastructure further boosted market confidence.Read More
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