Gold prices remained stable as global markets assessed the economic fallout from the Middle East conflict. Renewed Iranian attacks and the killing of a senior Iranian official heightened tensions, impacting oil supplies and pushing prices above $100 a barrel. Investors await the U.S.Read More
Major investors offloaded Urban Company shares worth over seven hundred crore rupees. This significant stake sale occurred as the mandatory lock-in period for pre-IPO shares ended. SBI Mutual Fund emerged as a key buyer, acquiring shares valued at more than six hundred crore rupees. The transactions saw a substantial portion of the company’s equity change hands.Read More
Markets saw a second consecutive day of recovery, driven by value buying and stable global cues, with analysts expecting a rebound towards 23,800-24,000. Several companies like Maruti Suzuki, Tata Steel, and TCS were in focus due to significant news, including stake sales, acquisitions, and expansion plans.Read More
Indian equity benchmarks ended higher on Tuesday. Buying momentum supported the market. Analysts see immediate support at 23,400–23,450 and resistance at 23,700–23,750. India VIX declined sharply. Foreign portfolio investors were net sellers, while domestic institutional investors were net buyers. The rupee declined to an all-time low against the US dollar.Read More
Adar Poonawalla-backed Svasti Microfinance secured ₹47.5 crore from key investors, including Abler Nordic and Rajiv Dadlani Group. This funding, a mix of equity and debt, will fuel expansion of its loan portfolio, bolster digital infrastructure, and broaden product offerings beyond joint liability loans. Svasti targets ₹1,400 crore in assets under management by March 2027.Read More
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