Indian stock markets experienced a sharp downturn on Tuesday. The Nifty index fell by 120 points, reflecting ongoing market volatility. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares. The Indian Rupee strengthened against the US dollar. Analysts suggest the market trend may remain weak in the short term.Read More

Markets closed with a nearly 0.5% cut on weekly expiry day amidst mixed cues, with the benchmark index showing pressure while broader markets, especially mid- and small-caps, experienced significant erosion. Analysts suggest Nifty faces crucial support near 25,800, with a breakdown potentially leading to 25,650, while 26,000–26,200 acts as a hurdle.Read More

Amit Rathi divested shares of Anand Rathi Wealth valued at Rs 560 crore through a bulk deal on NSE. He sold 20 lakh shares at Rs 2,800.03 each, reducing his stake by 2.4%. The company’s shares saw a marginal increase of 0.6% on Tuesday.Read More

The Securities and Exchange Board of India (Sebi) has given the green light for IPOs from Molbio Diagnostics, LEAP India, Foodlink F&B Holdings, Technocraft Ventures, and Eldorado Agritech. These companies are set to raise significant funds through fresh issues and offer for sale components. However, Inox Clean Energy and Sky Alloys and Power have withdrawn...Read More

Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month and October. While telecom saw substantial inflows, the oil and gas sector also attracted considerable investment. Conversely, FMCG and automobile sectors experienced outflows as investors booked profits and re-evaluated high...Read More

Asset reconstruction companies (ARCs) are on the frontlines, lobbying for a pass-through tax designation for alternative investment funds (AIFs) that invest in security receipts (SRs). They believe the current tax bracket of 42.74% is stifling potential investors, proposing instead that SR income be taxed directly in the hands of the end investors.Read More

The Reserve Bank of India is urging large business groups to consolidate their non-banking finance and investment companies. This move aims to simplify structures for better risk assessment and regulatory oversight. Groups with multiple NBFCs, especially those with overlapping businesses, are being advised to merge entities.Read More

Indian markets fell for a second straight session. Analysts expect further downside but identified four trading ideas—PB Fintech, CAMS, Knowledge Marine and AU Small Finance Bank—offering selective buying and selling opportunities.Read More

Post ContentRead More

Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per ounce, driven by strong industrial demand expectations and persistent supply constraints. Analysts predict continued upward momentum for both precious metals.Read More