The government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake aft ...More

The government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option. The issue was oversubscribed, driven by strong retail and institutional demand. The stake sale helped LIC achieve the 10% public shareholding norm ahead of Sebi’s May 2027 deadline, while shares declined over 1% after the offer. ...Less

The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 203 ...More

The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 2032 to meet minimum public shareholding norms. The company recently saw a 6.5 percent stake sale well received by markets. LIC achieved ten percent public float ahead of its May 2027 deadline. The insurer reported a twenty-three percent profit increase and premium income growth. ...Less

LIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10 ...More

LIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer will focus on growth, margins and distribution, while the government must raise public shareholding to 25% by 2032. ...Less

LIC Q1 Results: India's leading insurer Life Insurance Corp (LIC) on Thursday reported a 23% year-on-year ...More

LIC Q1 Results: India's leading insurer Life Insurance Corp (LIC) on Thursday reported a 23% year-on-year (YoY) growth in its standalone net profit at Rs 13,492 crore in the first quarter of FY27, compared with Rs 10,986 crore a year ago. ...Less

LIC shares rose 2.5% after the state-owned insurer reported a 23% year-on-year jump in Q1 standalone net ...More

LIC shares rose 2.5% after the state-owned insurer reported a 23% year-on-year jump in Q1 standalone net profit to Rs 13,492 crore, while net premium income grew 7% to Rs 1.27 lakh crore. LIC also retained its leadership in the domestic life insurance market, with a 60.1% share of first-year premium income, according to IRDAI data. ...Less

The Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in ...More

The Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the government to gauge interest from investors ahead of further share sales. It plays a crucial role in achieving India's divestment goals for fiscal 2027 while ensuring increased public ownership in LIC. ...Less

LIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.8 ...More

LIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% stake sale follows robust institutional demand and will help the insurer move closer to Sebi’s minimum public shareholding requirement. ...Less

LIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in ...More

LIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institutional investors. The OFS includes a 2.5% base offer and a 4% green shoe option, with a floor price of Rs 382 per share, an 11% discount to the previous close. ...Less

LIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's bigg ...More

LIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's biggest secondary stock offering after executing a tightly guarded stake sale. Officials kept the launch secret, accelerated the timeline, and expanded the offer following strong institutional demand. The sale lifts LIC's public shareholding to 10%, meeting SEBI's listing requirement well ahead of the 2027 deadline. ...Less

Life Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suz ...More

Life Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from the insurer. LIC also sold shares worth over Rs 13,000 crore during this period. Its overall market share declined to an all-time low despite net buying. Financial services remained the largest sector exposure for LIC's portfolio. ...Less

LIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to p ...More

LIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base offer, with an additional 4% green shoe option, while retail investors can bid on August 5. ...Less

Analysts hold differing views on retail investor interest in LIC's offer for sale. The government is dive ...More

Analysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum public shareholding norms. Some analysts cite attractive valuations and discounted pricing for participation. Others caution about the absence of immediate upside triggers for the insurer. The offer aims to comply with regulatory requirements and potentially reduce the government's stake. ...Less

LIC gained over Rs 21,000 crore from three top software exporters. This paper profit materialized within ...More

LIC gained over Rs 21,000 crore from three top software exporters. This paper profit materialized within thirty-five days after a contrarian investment strategy. The insurer accumulated shares of Infosys, TCS, and HCL Technologies during the June quarter. This move reversed earlier investor pessimism surrounding artificial intelligence disruption fears. The IT sector has since rallied, reversing earlier sector pessimism. ...Less

The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors ...More

The government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and green shoe option, advancing minimum public shareholding compliance. ...Less

LIC increased its holdings in several major stocks during Q1FY27, with Bharti Airtel, Maruti Suzuki and I ...More

LIC increased its holdings in several major stocks during Q1FY27, with Bharti Airtel, Maruti Suzuki and ITC among the biggest buys, based on Prime Database data. ...Less

The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubs ...More

The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer size. It now opens for retail investors today. ...Less

The government successfully raised ₹31,552 crore through the Life Insurance Corp of India Offer for Sale. ...More

The government successfully raised ₹31,552 crore through the Life Insurance Corp of India Offer for Sale. This significant mobilization increased the public ownership of LIC to ten percent ahead of schedule. The issue saw strong participation from both retail and institutional investors. Non-retail investors subscribed more than three times their allocated portion on the first day. This successful offering marks India's largest public offering to date. ...Less

Indian markets experienced a quiet day of trading on weekly expiry, influenced by varying signals. LIC an ...More

Indian markets experienced a quiet day of trading on weekly expiry, influenced by varying signals. LIC announced a remarkable 23% increase in its net profit year-on-year, while Trent reported a solid 21% growth in consolidated net profit. PNB Housing is optimistic about its micro-housing loan business aiming for Rs 100 crore. Additionally, Dabur has taken legal action against FSSAI's directive concerning its product claims in the Delhi High Court. ...Less

The government's Life Insurance Corporation share sale has garnered overwhelming attention from instituti ...More

The government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amounting to an impressive Rs 36,400 crore received on Tuesday. The government is offloading a 6.5 percent stake in the leading insurer to fulfill regulatory public shareholding mandates sooner than anticipated. Retail investors will have the opportunity to engage in this offer beginning Wednesday. ...Less

The Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open f ...More

The Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday and retail investors on Wednesday. The divestment includes a base offer of 2.5% with an additional 4% greenshoe option. The floor price for the Offer for Sale is fixed at ₹382 per share. This move aids the insurer in meeting minimum public shareholding norms ahead of schedule. ...Less

Life Insurance Corporation of India reported a twenty-three percent net profit rise. Value of new busines ...More

Life Insurance Corporation of India reported a twenty-three percent net profit rise. Value of new business jumped sixty-one percent, boosting profitability margins significantly. Diversification into non-participating savings and protection products aided this strong performance. The insurer's solvency ratio strengthened, and assets under management also increased. Government's recent offer for sale was well received by the market. ...Less

Markets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the R ...More

Markets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the Reserve Bank of India's monetary policy announcement on Wednesday. BSE reported a significant profit increase for the June quarter, driven by revenue growth. Bharti Airtel and Nykaa also announced strong quarterly earnings, showing substantial profit jumps. The government began an offer for sale in LIC for non-retail investors. ...Less

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's pare ...More

Markets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling shares worth up to Rs 2,002 crore. The government will offer shares in LIC to non-retail investors starting Tuesday. Airtel, ONGC, and BSE will announce their first quarter results today. ONGC's petroleum facility will reserve half its capacity for strategic reserves. ...Less

In a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat ...More

In a day of mixed economic signals, Indian markets displayed notable volatility before settling at a flat close. PB Fintech enjoyed a substantial rise in profits thanks to robust growth in insurance premiums. ONGC is also gearing up to ink deals with Venezuela for managing oil blocks. Simultaneously, Ola Electric and Cipla made headlines with their considerable investments in renewable energy initiatives. ...Less

LIC rejects insurance claim saying policyholder hid illnesses: LIC rejected a death claim filed by a Gunt ...More

LIC rejects insurance claim saying policyholder hid illnesses: LIC rejected a death claim filed by a Guntur widow, arguing her husband had hidden past bouts of typhoid and jaundice when he took out a policy in 2021. A consumer commission has now ruled that those illnesses had no connection to the sudden cardiac arrest that killed him, and ordered LIC to pay Rs 10.10 lakh with 9 per cent interest. ...Less

In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, ...More

In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The State Bank of India led the charge, boosting its valuation by Rs 63,922 crore. Other notable gainers included Reliance Industries, TCS, and Larsen & Toubro, while LIC, Bajaj Finance, and HDFC Bank suffered significant losses in their valuations. ...Less

Shatmanyu Shrivastava has been appointed as the new Chief Financial Officer of LIC. He replaces Sunil Agr ...More

Shatmanyu Shrivastava has been appointed as the new Chief Financial Officer of LIC. He replaces Sunil Agrawal, who resigned from the finance chief role last month. Shrivastava brings over three decades of extensive experience across LIC's operational levels. He previously oversaw the company's first post-IPO financial closing as Chief (Finance & Accounts). Agrawal had joined LIC on a contractual basis in March 2022. ...Less

India is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake s ...More

India is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Although increased fertiliser costs and fuel subsidies pose a challenge to public financial stability due to regional disputes, the country has already garnered over $5.5 billion from diverse stake sales. ...Less

Indian benchmark indices closed lower on Friday as closing auction sessions caused divergence between Sen ...More

Indian benchmark indices closed lower on Friday as closing auction sessions caused divergence between Sensex and Nifty. While Sensex fell 456 points, Nifty dropped 65 points. Market sentiment remained cautious amid Middle East tensions and crude oil volatility, though strong SBI earnings provided underlying banking sector support. ...Less

On Friday, Indian equities experienced a minor decline, with Nifty ending the day lower due to weak globa ...More

On Friday, Indian equities experienced a minor decline, with Nifty ending the day lower due to weak global cues and profit booking activity. Despite this, analysts are optimistic about the week ahead, supported by solid domestic fundamentals and a reduction in geopolitical tensions. ...Less

Indian markets found support from easing crude oil prices and the RBI's stable policy outlook despite ran ...More

Indian markets found support from easing crude oil prices and the RBI's stable policy outlook despite range-bound trade. Analysts said Nifty holding above 24,600 keeps bullish momentum intact, with improving earnings expectations and stock-specific buying supporting broader market resilience. ...Less

In a surprising turn of events, nine out of the top ten firms reported a significant boost in market valu ...More

In a surprising turn of events, nine out of the top ten firms reported a significant boost in market valuation. Leading the charge was Bajaj Finance, which added an impressive Rs 80,000 crore to its overall worth. Following closely were Bharti Airtel and TCS, both witnessing notable rises in their market capitalization. Altogether, these companies recorded a combined increase of Rs 2. ...Less

Government's combined disinvestment and asset monetisation mop-up reached Rs 45,306 crore in FY26. This f ...More

Government's combined disinvestment and asset monetisation mop-up reached Rs 45,306 crore in FY26. This figure surpassed the Revised Estimates for the fiscal year. Disinvestment contributed Rs 16,886 crore, while asset monetisation added Rs 28,420 crore. For the current fiscal, Rs 80,000 crore is budgeted for these receipts. So far, Rs 59,083 crore has been realized in FY27. ...Less

Modern Indians are redefining investment strategies; rather than saving first, the youth now prioritize t ...More

Modern Indians are redefining investment strategies; rather than saving first, the youth now prioritize their financial goals before choosing investment products. This evolution signifies a desire for financial independence, allowing individuals the liberty to make choices unburdened by financial strain. The advent of technology and improving accessibility to investment options has significantly enhanced wealth accumulation opportunities, indicating a broader trend of increasing incomes across the nation. ...Less

Indian equities ended marginally higher despite sharp swings driven by closing auction session confusion. ...More

Indian equities ended marginally higher despite sharp swings driven by closing auction session confusion. RBI maintained rates, raised FY27 GDP outlook and lowered inflation forecast. Realty, auto and metal stocks outperformed, while analysts expect Nifty to remain range-bound unless it decisively crosses 24,800. ...Less

Indian equities appear set for gradual gains, supported by encouraging news. Growing hopes for peace in W ...More

Indian equities appear set for gradual gains, supported by encouraging news. Growing hopes for peace in West Asia and solid Q1FY27 earnings are enhancing investor confidence. Brent crude prices have fallen below eighty dollars per barrel, reflecting optimism in talks. The market will keep an eye on crucial Q1 earnings and US employment figures as the Indian rupee slightly weakened against the dollar on Thursday. ...Less

Indian markets ended lower as weekly expiry and volatility from the new Closing Auction Session unsettled ...More

Indian markets ended lower as weekly expiry and volatility from the new Closing Auction Session unsettled traders. Analysts cited forced retail square-offs, while investors tracked RBI policy, Strait of Hormuz developments and key technical support levels amid mixed broader market performance. ...Less

Alpha Alternatives has acquired four operational road assets valued at approximately ₹7,500 crore. These ...More

Alpha Alternatives has acquired four operational road assets valued at approximately ₹7,500 crore. These assets were purchased from Ap Co Infratech, KCC Buildcon, and Welspun Group. The fund has now invested in twenty-five road projects across nine states and one Union Territory. This expansion highlights growing investor interest in de-risked transport infrastructure assets. The acquired assets will create long-term value for stakeholders due to their residual concession life. ...Less

Generation Z places a strong emphasis on balancing experiences and career adaptability while ensuring fin ...More

Generation Z places a strong emphasis on balancing experiences and career adaptability while ensuring financial security. This generation is becoming increasingly knowledgeable about their financial objectives and is unafraid to express their needs. With a focus on early investment and varied financial opportunities, Gen Z effectively navigates modern economic challenges through credit products, and they seek clarity in career guidance from employers right from the start. ...Less

Eleven individuals face charges after a teenager was discovered bound and injured in Queensland bushland. ...More

Eleven individuals face charges after a teenager was discovered bound and injured in Queensland bushland. The victim was allegedly assaulted at a house and then left wrapped in plastic for hours. Police investigations are ongoing, with a car crash yielding critical evidence for the case. Several young people, including a 13-year-old, have been charged with serious offenses. The injured teen is in stable condition after undergoing multiple surgeries for fractures. ...Less

The WhiteOak Capital Dividend Yield Fund is currently available for subscription, presenting an opportuni ...More

The WhiteOak Capital Dividend Yield Fund is currently available for subscription, presenting an opportunity for investors aiming for both capital appreciation and steady income. By focusing on dividend-paying companies and varied equity instruments, including investments in REITs and InvITs, the fund seeks to balance income generation with potential long-term grow ...Less

Tips Music has announced a Rs 44.5 crore share buyback initiative, offering a premium exceeding twelve pe ...More

Tips Music has announced a Rs 44.5 crore share buyback initiative, offering a premium exceeding twelve percent on equity shares. This marks one of the first buybacks utilizing the open market approach since SEBI’s reinstatement. In response to the buyback news, Tips Music shares experienced a slight uptick, reflecting the company's solid stock performance over the last year. ...Less

HDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, c ...More

HDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R&D and product expansion. The brokerage expects sustained margin strength but flagged geopolitical, tariff and promoter-related risks as potential headwinds. ...Less

Domestic markets saw profit booking after recent gains, with the Nifty declining slightly. Indian equitie ...More

Domestic markets saw profit booking after recent gains, with the Nifty declining slightly. Indian equities are expected to see a gradual upmove, supported by global cues and earnings. Investors will monitor US jobs data and the RBI's monetary policy decision tomorrow. The India VIX, a fear gauge, rose to 12.19 levels. The rupee appreciated nine paise against the US dollar on Tuesday. ...Less

Axis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a reviv ...More

Axis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a revival in private capex, resilient domestic demand and improving earnings. The brokerage remains overweight on BFSI, healthcare and capital goods, while cautioning that global risks and elevated valuations could trigger near-term volatility. ...Less

Tata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is re ...More

Tata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is reviewing its deregistration application. This classification mandates stricter regulations for at least five years. Tata Trusts wants Tata Sons to remain privately held. The Shapoorji-Pallonji Group seeks to unlock value through a listing. ...Less

August's historical seasonality favors Indian equities, with analysts identifying key stocks. Derivatives ...More

August's historical seasonality favors Indian equities, with analysts identifying key stocks. Derivatives data reveals fresh long positioning in Delivvery and Aditya Birla Capital. Jio Financial witnessed a bullish breakout, while Bajaj Holdings shows strong accumulation. Muthoot Finance is well positioned to extend its gains, analysts noted. Conversely, LIC Housing Finance faces bearish bets after a technical breakdown. ...Less

Protean eGov Technologies shares fell over 6% despite reporting a 19% year-on-year rise in Q1 FY27 revenu ...More

Protean eGov Technologies shares fell over 6% despite reporting a 19% year-on-year rise in Q1 FY27 revenue to Rs 251 crore. Profit slumped 75% due to upfront deployment costs and higher procurement expenses, while management highlighted strong growth in new initiatives and a robust, debt-free balance sheet. ...Less

The Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43 ...More

The Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundraising in the past nine months. Adani Green, Adani Ports and Adani Enterprises are expected to lead the fundraising, even as domestic mutual funds have raised their holdings in key Adani companies to a record Rs 1 lakh crore. ...Less

BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment inc ...More

BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during the reported period. Analysts maintained positive calls but reduced price targets due to regulatory changes. Industry volumes declined, impacting profit estimates for upcoming financial years. BSE shares experienced a slight decline after the financial results were announced. ...Less

Just seven equity mutual funds delivered returns above 20% over the past year, led by TRUSTMF Small Cap F ...More

Just seven equity mutual funds delivered returns above 20% over the past year, led by TRUSTMF Small Cap Fund at 28.16%. Most top performers were smallcap funds, alongside focused, value, and midcap categories. ...Less

HSBC says India could attract up to $25 billion in foreign equity inflows if underweight global emerging- ...More

HSBC says India could attract up to $25 billion in foreign equity inflows if underweight global emerging-market funds restore allocations to neutral. Improving earnings, resilient domestic demand and lower relative volatility strengthen the case, with the brokerage favouring financials, autos, retail, hospitals and select industrial stocks ...Less

Here is the detailed exposure of the top 5 mid-cap funds with maximum mid & small cap exposure in June, a ...More

Here is the detailed exposure of the top 5 mid-cap funds with maximum mid & small cap exposure in June, as reported by ET Wealth. ...Less

Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporatio ...More

Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts totaling over seven thousand crore rupees. Inoperative Employees Provident Fund accounts contained over nine thousand crore rupees as of March 2026. Both LIC and EPFO are actively working to locate beneficiaries and settle pending claims. Pilot projects are underway for automatic settlement of smaller inoperative EPF accounts. ...Less

LIC rejects life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redres ...More

LIC rejects life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LIC to pay over Rs 60 lakh to a Mumbai woman whose son died of a cardiac arrest in 2013, after the insurer rejected all five of his life insurance policies claiming he had hidden a diabetes diagnosis. The commission found that the diabetes was detected only after all five policies had already come into force, and that there was no link between the condition and his death.a ...Less

Around 21 equity mutual funds delivered over 20% XIRR on SIP investments over the past year, an ETMutualF ...More

Around 21 equity mutual funds delivered over 20% XIRR on SIP investments over the past year, an ETMutualFunds analysis found. Small-cap funds dominated the list, with the top seven all belonging to the category and five generating over 30% XIRR. Bank of India Small Cap Fund topped the rankings with a 39.08% XIRR, turning a Rs 10,000 monthly SIP into around Rs 1.43 lakh. ...Less

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. ...More

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum. ...Less

Last week was tough for the Indian equity markets, with nine out of ten leading companies witnessing a de ...More

Last week was tough for the Indian equity markets, with nine out of ten leading companies witnessing a decline in market value. HDFC Bank took the hardest blow, suffering a staggering loss exceeding one lakh crore rupees. Reliance Industries also saw a significant decrease in market capitalization. In contrast, Hindustan Unilever stood out as the only top firm to gain value during this bearish trend. ...Less

Top-performing equity mutual funds delivered over 20% five-year returns, led by infrastructure, midcap, a ...More

Top-performing equity mutual funds delivered over 20% five-year returns, led by infrastructure, midcap, and smallcap funds, with varying AUM, ratings, and expense ratios highlighting strong performance. ...Less

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. ...More

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum. ...Less

Indo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing partici ...More

Indo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions including BlackRock and domestic investors such as Prashant Jain-backed 3P India. More than half of the anchor allocation went to domestic mutual funds, reflecting strong institutional interest in the precision engineering manufacturer. ...Less

Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating b ...More

Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating by Rs 1.54 lakh crore. Tata Consultancy Services claimed the spotlight, boosting its valuation by Rs 72,072.3 crore. ICICI Bank and Reliance Industries also experienced notable increases. However, the tide turned for HDFC Bank and Bharti Airtel, which faced declines. Overall, Indian equity markets concluded the week on a robust note. ...Less

Around 41 equity mutual funds delivered more than 15% CAGR over both three- and five-year periods. Bandha ...More

Around 41 equity mutual funds delivered more than 15% CAGR over both three- and five-year periods. Bandhan Small Cap Fund led three-year returns at 25.95%, while Motilal Oswal Midcap Fund topped the five-year chart at 21.64%. ...Less

State Bank of India has appointed Sunil Agrawal as its new Chief Financial Officer. Agrawal previously se ...More

State Bank of India has appointed Sunil Agrawal as its new Chief Financial Officer. Agrawal previously served as the Chief Financial Officer for LIC, the nation's largest life insurer. He brings twenty-seven years of extensive experience in financial services and strategic planning. His expertise includes financial planning, capital management, and regulatory engagement. ...Less

SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain b ...More

SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain based on the current grey market premium. While its blockbuster subscription has raised expectations, history shows billion-dollar IPOs have delivered mixed outcomes. Winners like Eternal and ICICI Prudential AMC contrast with weak debuts by LIC, Paytm and Hyundai Motor India. ...Less

Axis Bank has appointed Rajeev Mantri as its new finance chief. Mantri joins Axis Bank after stepping dow ...More

Axis Bank has appointed Rajeev Mantri as its new finance chief. Mantri joins Axis Bank after stepping down from Bandhan Bank in June. He brings nearly three decades of extensive finance experience to his new role. His appointment fills the vacancy left by Puneet Sharma's recent resignation. Mantri satisfies all eligibility criteria set by the Reserve Bank of India. ...Less

Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be ...More

Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax's offer of Rs 81 per share is higher than last year's bid. This transaction marks the largest foreign investment in an Indian bank. ...Less

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. ...More

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum. ...Less

The banking sector led by far with 20 names in the top 100 list. However, ‘diversified’ groups, mostly le ...More

The banking sector led by far with 20 names in the top 100 list. However, ‘diversified’ groups, mostly legacy conglomerates, were far ahead in terms of value, with just nine corporate brands taking up a combined 35% share and banks cornering 21%. ...Less

Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Healt ...More

Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong performance, driven by sustained demand and improved affordability. General insurers will likely face continued pricing pressures in motor and commercial insurance lines. Axis Max Life and SBI Life are projected to lead retail APE growth among private players. Star Health expects significant premium growth, benefiting from GST exemptions on health insurance. ...Less

Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies ...More

Indian markets experienced volatility, ending nearly unchanged amid mixed global cues. Several companies like Wipro and Jio Financial announced their first quarter results today. Angel One reported a strong quarter with significant year-on-year profit growth. HDB Financial and HDFC AMC also posted increased profits for the June quarter. SBI appointed a new chief financial officer, while Ather Energy secured funding. ...Less

More than 100 Indian equity mutual funds doubled investors' money over five years, but experts caution ag ...More

More than 100 Indian equity mutual funds doubled investors' money over five years, but experts caution against chasing past winners. While sectors such as defence, infrastructure and PSUs delivered stellar returns, recent performance has weakened. Fund managers recommend diversified equity funds over concentrated sector bets, citing attractive valuations and long-term opportunities despite near-term market volatility. ...Less

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Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, ...More

Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, with HDFC Bank and Bharti Airtel leading the charge. Despite benchmark indices Sensex and Nifty dipping slightly and breaking their winning streak due to geopolitical tensions and escalating crude oil prices, the markets managed to recover some of those losses towards the end of the trading week. ...Less

Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firm ...More

Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position. ...Less

Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players g ...More

Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players grew faster than LIC, driven by regular premium products. Total new business premium collected reached Rs 1.09 lakh crore in the period. Insurers are preparing for upcoming regulatory changes and improving demand. Private companies gained market share while LIC retained its dominant position. ...Less

As a sector, housing finance has borne the brunt of regulatory changes and various scams at different poi ...More

As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that has produced both heroes (HDFC) and villains (DHFL). Given that housing demand will continue rising, it is a sector that is bound to grow. So, what matters is which stock you own; and how long you intend to hold it. The horizon is important as this sector has to deal with interest rate cycles as well as regulatory changes. This makes these stocks prone to phases of underperformance. ...Less

India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private ...More

India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private insurers significantly outpaced the market, increasing their share to nearly forty percent. This growth stemmed from steady retail product demand and a recovery in group business. Monthly premiums also saw a thirteen percent rise in June, reversing last year's contraction. ...Less

India's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soari ...More

India's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soaring to $6.07 billion and margins improving significantly to 21.2%. The state-owned giant continues its market dominance, holding a 56.7% share in new business premiums. A strategic shift towards higher-margin non-participating products is driving this growth, alongside a strong focus on digital transformation and expanding its vast distribution network. ...Less

The government is considering a merger of ASREC Asset Reconstruction Company with NARCL to enhance the fu ...More

The government is considering a merger of ASREC Asset Reconstruction Company with NARCL to enhance the functionality of state-sponsored bad-loan resolution efforts. This proposal, still in preliminary discussions, underscores a strategic effort for consolidation rather than growth. ASREC ARC is majorly held by public sector lenders and LIC, aiming for better management and scrutiny of bad loans. ...Less

Quant Small Cap Fund made a major portfolio reshuffle in June, exiting Reliance Industries and eight othe ...More

Quant Small Cap Fund made a major portfolio reshuffle in June, exiting Reliance Industries and eight other stocks while increasing exposure to Adani Enterprises, Adani Green Energy and 13 more companies. The fund also added Bharti Airtel, IDFC First Bank and LIC Housing Finance as new portfolio entrants. ...Less

Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a l ...More

Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look: ...Less

The National Financial Reporting Authority is investigating Rajesh Exports for revenue misstatements. NFR ...More

The National Financial Reporting Authority is investigating Rajesh Exports for revenue misstatements. NFRA chairperson Nitin Gupta stressed the need for genuine board independence. He highlighted that human judgment remains essential in financial reporting decisions. AI's influence necessitates critical questioning of its outputs by boards. Effective governance relies on the spirit of implementation, not just regulations. ...Less

A Tamil Nadu government school employee drawing a starting salary of Rs 1,100 per month quietly accumulat ...More

A Tamil Nadu government school employee drawing a starting salary of Rs 1,100 per month quietly accumulated 21 properties, a marriage hall, agricultural land, and household assets worth Rs 53 lakh over 11 years, parking most of it in his wife's name. After a two-decade legal battle, the Madras High Court has upheld the wife's conviction for abetment of disproportionate assets, refusing to reduce her four-year sentence even after her counsel disclosed she is now battling Stage IV cancer. ...Less

Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail p ...More

Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares down over 29% in the past year. ...Less

In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the c ...More

In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the combined market valuation of six leading companies. The surge was largely attributed to Bharti Airtel and Bajaj Finance, which capitalized on favorable equity trends and robust domestic economic signals. Even though a few prominent firms faced valuation declines, overall market sentiment remained positive, buoyed by optimism surrounding global monetary policies. ...Less

Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale inclu ...More

Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscription option. This disinvestment move is part of the government's FY27 program. The offer opens for non-retail investors today and retail investors tomorrow. The government aims to raise over Rs 1,856 crore from this share sale. ...Less

Missing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and ...More

Missing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and nominees receive benefits if death occurs. Unpaid premiums after the grace period cause the policy to lapse, stopping life cover. Lapsed policies can be revived within five years, often requiring health checks. ...Less

The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full- ...More

The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quarter. This rapid pace, with weekly offers for sale, aims to bolster revenues amidst rising subsidy and import costs. Significant funds have already been raised from entities like Coal India and NHPC, with further big-ticket sales planned for LIC and IDBI Bank. ...Less

For 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominat ...More

For 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated steady cash. Almost all its profit still comes from that old product. But the company has quietly decided its future lies somewhere else entirely. The company has changed its name, set up a new-energy subsidiary, committed capital to a large manufacturing facility. The opportunity is large. As is the risk. The new business is small for now, capital-heavy, and exposed to technology, timing, and customer adoption. ...Less

Repco Home Finance, LIC Housing Finance, Power Finance Corporation, Vedanta and The Great Eastern Shippin ...More

Repco Home Finance, LIC Housing Finance, Power Finance Corporation, Vedanta and The Great Eastern Shipping feature among the cheapest stocks by price-to-earnings ratio. Most are widely held by mutual funds and carry strong Value Research ratings. ...Less

Industry captains say AI adoption is less about choosing latest frontier model, more about redesigning wo ...More

Industry captains say AI adoption is less about choosing latest frontier model, more about redesigning workflows and building resilience ...Less

India is accelerating plans to divest stakes in major state-owned entities, including the nation's larges ...More

India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales. Officials are actively engaging with investment bankers to gauge market appetite and finalize offerings, aiming to raise significant funds to support the government's fiscal goals. ...Less

Financial services is where FIIs go when they turn positive on India. History shows us that much of the m ...More

Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider financial services space. But remember: Financial services is not a single sector. It is a set of very different businesses under one umbrella. So it is important to understand the parts, not just the flow of money into them. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. ...More

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver output. The stock's performance reflects a broader uptrend in metal stocks. ...Less

Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in m ...More

Indian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led the surge, followed by HDFC Bank and Reliance Industries. However, Bharti Airtel, TCS, and LIC experienced significant valuation drops. This positive market sentiment was attributed to easing crude oil prices and improved geopolitical developments. ...Less

Sunil Agrawal, the Chief Financial Officer of Life Insurance Corporation of India (LIC), has resigned to ...More

Sunil Agrawal, the Chief Financial Officer of Life Insurance Corporation of India (LIC), has resigned to explore new career opportunities. His resignation, submitted on June 24, will be effective from July 14. Agrawal expressed gratitude for his time at LIC and offered support during the transition period. This move by a key financial executive marks a significant change for the state-owned insurer. ...Less

LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity ...More

LIC has fixed June 25 as the record date for its Rs 10 final dividend, making today the last opportunity for investors to buy shares to qualify under the T+1 settlement cycle. The payout, subject to AGM approval, comes alongside broader dividend announcements across several listed companies. ...Less

Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the cha ...More

Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, signaling a robust uptrend. Key companies like LIC, IRFC, Cummins India, Tata Motors PV, and ONGC are in focus. IRFC's government offer saw strong institutional demand, while Tata Motors plans significant investment in capacity expansion. ONGC is exploring stake acquisition in Venezuela, and LIC's CFO has resigned. ...Less