BSE Index Services introduced the Housing Finance Index to measure housing finance companies’ performance. Drawn from BSE 1000, it supports ETFs, mutual funds, PMS strategies, and sector-specific tracking. LIC Housing Finance holds the highest weight, while Aadhar and others contribute smaller shares.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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...Read More
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.Read More
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