Banks are strategically targeting the luxury housing market to boost mortgage growth, offering tailored loan products to affluent buyers seeking premium properties in major cities and suburbs. This segment is experiencing significant growth, driven by demand for larger, more luxurious homes. Banks view these high-end loans as opportunities to establish long-term relationships and cross-sell other...Read More

Small-cap solvent extraction companies have seen significant gains due to high edible oil demand, ethanol blending, and supportive policies. However, analysts now advise caution, noting that valuations may be exceeding fundamentals. Risks like raw material price volatility and supply challenges could lead to corrections, suggesting investors consider booking profits or waiting for better entry points.Read More

Corporate India is increasingly diversifying its funding sources, with nearly half of the resources raised in FY25 coming from non-banking channels like equity markets and NBFC loans. While the total financial resources to the corporate sector saw a modest increase, bank credit demand declined, influenced by strong equity market performance and cautious lending.Read More

India’s VIX index has plummeted to record lows, indicating reduced market volatility and increased investor confidence ahead of the US Federal Reserve’s policy meeting. While this suggests a period of market stability, analysts caution against potential complacency, as low VIX readings can mask underlying risks and unexpected market corrections. Institutional investors are positioning for limited...Read More

Adani Ports plans a ₹30,000 crore expansion over two years, primarily targeting Mundra, Dhamra, and Vizhinjam ports to achieve a one billion tonne cargo handling target by 2030. The investment spans ports, logistics, renewables, and marine services, with a focus on berth and terminal expansion.Read More

The government has mandated cyber security audits for all cryptocurrency exchanges. This is due to the rise in cyber heists. These audits are essential for registration with the Financial Intelligence Unit. Crypto-related crimes now constitute a significant portion of cybercrime in India. The move aims to strengthen user safeguards.Read More

Groww, an Indian stock broking firm, has filed updated draft documents for its IPO, including a fresh issue of shares and an offer for sale from existing shareholders. The company has benefited from increased financial literacy and digital onboarding, becoming India’s top stock broker with over 14 million active customers.Read More

The dollar fell across the board on Tuesday, sinking to four-year low against the euro, as investors firmed bets for a Federal Reserve interest rate cut this week.Read More

Indian markets closed higher on Tuesday as Sensex jumped 595 points and Nifty crossed 25,239, led by auto gains, optimism over US trade talks, and Fed rate cut expectations. Analysts see bullish momentum with Nifty eyeing 25,500.Read More

Nifty resumed gains with strong buying in auto, IT, and banks, giving a double bottom breakout. Analysts see bullish momentum toward 25,500, while experts recommend stocks like HUDCO, Finolex Industries, Pondy Oxides, and GMR Airports for near-term upside.Read More