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PNB Housing Finance reported a 19% rise in Q4 net profit to Rs 656 crore. FY26 profit grew 18% to Rs 2,291 crore. The company proposed Rs 8 per share dividend while its assets under management expanded 13% to Rs 90,921 crore with strong retail loan growth.
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Indian corporates raised $4.60 billion in ECB in February, 14% lower than January. Over 100 firms borrowed $4.20 billion via the automatic route, while Piramal Finance took $400 million via approval. ABC Cleantech led with $595 million.
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Indian markets closed with modest gains led by SBI and ICICI Bank, as auto and energy sectors recovered; Nifty 50 up 0.05% at 24,364.85, Sensex up 0.03% at 78,520.30. India VIX rose 9.21% amid volatility. US and European markets mixed on geopolitical tensions.
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Nifty closed with slight gains after rebounding from intraday lows, driven by SBI and ICICI Bank. Analysts noted resistance near 24,500 and support at 24,270, while CESC and Trent showed bullish breakouts with strong momentum and volume expansion.
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Marvell Technology’s shares jumped nearly 5% on Monday following a report that Alphabet’s Google is ​in talks with the chip designer ​to develop two new chips aimed at running AI models more ​efficiently.
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Adobe launched a suite of ​artificial intelligence tools ​on Monday to help corporate clients ​automate and personalize digital marketing functions, in a bid to fend off competition from autonomous tools ‌offered ⁠by startups ⁠such as Anthropic.
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Indian markets opened with caution on Monday. Major Wall Street indexes saw a muted start following last week’s record rally. Escalating United States-Iran tensions are impacting investor sentiment. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced slight declines at the opening bell. Investors are closely watching geopolitical developments.
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Indian stock markets saw a positive start to the week, with the Sensex inching up. A notable trend emerged as seven companies within the BSE 100 index reached their 52-week highs, signaling strong investor confidence and potential for further growth. Several prominent energy and infrastructure stocks, including Adani Power and Tata Power, were among those...
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Vedanta’s board has approved May 1, 2026, as the effective and record date for its demerger. Shareholders will receive shares in newly carved-out businesses, including aluminium, power, and oil and gas, in proportion to their existing holdings. This significant restructuring will transform Vedanta into separate listed entities.
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In turbulent markets, Warren Buffett’s advice to “never test the depth of the water with both feet” emphasizes cautious, gradual investment. This strategy involves phased entries, diversification, and thorough analysis to mitigate risks, prioritizing capital preservation and informed decision-making over impulsive actions amidst global uncertainties.
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