Life insurers are urging the government to double the tax-exempt investment limit for guaranteed plans to ₹10 lakh. This move aims to address a demand shortage in the long-duration government bond market, where traditional buyers like pension funds have shifted to equities. The increased demand from insurers could help stabilize yields on long-term sovereign debt.Read More
Nifty experienced consolidation in the first half of expiry day, but succumbed to heavy selling pressure in the latter half, settling on a bearish note at 25,885. Analysts noted a significant bearish candle on the daily chart, indicating continued weakness as the index remains below the 26,280 level.Read More
Indian markets closed marginally lower on monthly expiry day amid cautious sentiment due to global headwinds and geopolitical concerns. Several stocks like Bharti Airtel, Tata Motors PV, and HCL Tech are in focus due to significant news developments, including block deals, new product launches, and strategic collaborations.Read More
Spandana Sphoorty Financial welcomes Venkatesh Krishnan as its new Managing Director and Chief Executive Officer. Krishnan, a seasoned professional with 34 years of experience in financial services, previously led the microfinance division at HDFC Bank. He will assume his new role on November 27 for a three-year term.Read More
India’s commercial sector credit surged 24% year-to-date, reaching ₹20 lakh crore by October 31, FY26. This revival, driven by lower lending rates and tax relief, saw significant contributions from non-banking sources like bonds and ECBs, indicating renewed business and investment activity.Read More
Metals, consumer durables, and oil & gas sectors showed strong profit growth in the September quarter. Two of these sectors now trade above their long-term average valuations. Other sectors saw modest profit increases or declines. Investors are advised to consider PSU banks, banks, BFSI, IT, and select steel companies for potential upside.Read More
The Indian Rupee saw a slight dip on Tuesday, closing 6 paise lower against the US Dollar at 89.22. Domestic equity market weakness weighed on the currency. Falling crude oil prices offered some support. However, foreign fund outflows kept the Rupee under pressure. This follows a significant recovery on Monday after hitting a lifetime low...Read More
Analysts said selling pressure is visible near the 26,000 level, though downside appears limited given strong domestic fundamentals, including a solid earnings outlook for H2. PSU banks and real estate stocks outperformed, supported by a strong revival in home loan demand and rising market share for PSU banks.Read More
Nifty logged a third straight decline amid pressure in IT, auto and consumer stocks, with analysts flagging 26,000 as a crucial breakout level and identifying support near key moving averages while recommending select stocks for Wednesday’s trade setupsRead More
Nifty logged a third straight decline amid pressure in IT, auto and consumer stocks, with analysts flagging 26,000 as a crucial breakout level and identifying support near key moving averages while recommending select stocks for Wednesday’s trade setupsRead More
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