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GIFT Nifty surged 110 points on hopes of renewed Iran-US peace talks, boosting sentiment after weak markets. Positive global cues could help Nifty 50 reclaim 24,000 despite recent declines driven by IT-led selling pressure.
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Reliance Industries Q4 Results: Mukesh Ambani-owned Reliance Industries Ltd (RIL) on Friday reported a 13% year-on-year (YoY) decline in its consolidated net profit at Rs 16,971 crore in the fourth quarter of 2025-26.
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Sebi has allowed net settlement of funds for foreign portfolio investors in the cash market to reduce costs and improve efficiency. The move enables netting of outright transactions while retaining safeguards for others. It is expected to lower liquidity requirements, streamline operations, and enhance the appeal of Indian markets for global investors.
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Nithin Kamath warns wealth inequality, driven by asset inflation and concentrated ownership, risks social strain. Reflecting on his journey, he urges rethinking wealth’s purpose, noting idle financial gains benefit few and advocating redirecting capital toward societal impact amid AI-driven change.
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