Life Insurance Corporation (LIC) increased its holdings in Tata Consumer Products to 8.65% and in Dabur India to 6.99%. The purchases, made between February and October 2025, signal renewed confidence in India’s FMCG sector amid steady consumption trends.Read More
Wall Street opened on solid ground on Friday, as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.Read More
Indian markets saw a strong rally on Friday. Cooler inflation data boosted hopes for Federal Reserve rate cuts. Intel’s positive earnings fueled momentum in AI-related stocks. Major indices like the Dow, S&P 500, and Nasdaq reached record highs. This surge marks a significant weekly gain for these indices. Investors are now looking towards upcoming meetings...Read More
Coforge Q2 Results: Coforge reported a stellar Q2, with net profit surging 86% year-on-year to Rs 376 crore. Revenue climbed 32% to Rs 3,986 crore, driven by strong order intake and new client acquisitions. The company’s robust performance and low attrition signal an exceptional fiscal year ahead, according to its CEO.Read More
Markets regulator Sebi on Friday introduced a streamlined process for transferring Portfolio Management Services (PMS) business from one portfolio manager to another, aimed at enhancing ease of doing business.Read More
On Friday, the Sensex declined about 345 points to close at 84,211. Despite the broader market weakness, nine stocks from the BSE 500 index hit fresh 52-week highs, signalling sustained bullish momentum. Sammaan Capital, Federal Bank and seven other stocks delivered strong gains over the past month.Read More
Billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart. This investment comes before Lenskart’s upcoming Rs 2,150 crore initial public offering. The eyewear retailer plans to use the funds for expansion, technology, and marketing. Lenskart operates online and through a large retail network. It also has international presence. The IPO will see promoters...Read More
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