India's leading retail broker, Zerodha, is making a significant move into investment banking. The company ...More

India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor networks. ...Less

Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investme ...More

Zerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with India’s strong IPO pipeline and expanding capital markets activity. If approved, it will deepen Zerodha’s diversification beyond broking into a broader financial services platform ...Less

Zerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2 ...More

Zerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO is open till July 7, with continuous subscription to follow. Built on a rule-based approach, the funds dynamically adjust asset allocation over time and aim to serve investors across different life stages and long-term goals. ...Less

Nikhil Kamath, Zerodha co-founder, sees significant investment potential in the energy transition, citing ...More

Nikhil Kamath, Zerodha co-founder, sees significant investment potential in the energy transition, citing the U.S.-Iran conflict's emphasis on energy security. He's eyeing electric vehicles, battery manufacturing, and grid infrastructure. Kamath also believes Indian IT companies are undervalued, presenting an attractive opportunity. Despite recent market headwinds, he suggests foreign investors often misjudge India's market timing, potentially missing out on current attractive valuations. ...Less

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and ...More

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approvals from GIFT City’s IFSCA. The licences will enable the brokerages to facilitate overseas investing, tapping into growing demand for global equities under the RBI’s Liberalised Remittance Scheme. ...Less

Zerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kam ...More

Zerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant growth driver. Previously, nearly 30% of accounts were acquired through referrals, with the actual impact likely exceeding 50%. The reinstated program benefits both new and past referrers. ...Less

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer i ...More

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to Indian retail traders. Groww and Upstox obtained Global Access Provider (GAP) licenses, while Zerodha and Angel One became broker-dealers, enabling direct or indirect access to US stock markets. ...Less

Zerodha CEO Nithin Kamath lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully shed ...More

Zerodha CEO Nithin Kamath lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully shed 30 kg in a year. Agarwala's transformation from 104 kg to 74.5 kg was motivated by a workplace challenge and a bet with colleagues, highlighting Zerodha's health-focused culture. ...Less

Despite rising obesity and affordable generic GLP-1 drugs, India lags in adoption. Nithin Kamath highligh ...More

Despite rising obesity and affordable generic GLP-1 drugs, India lags in adoption. Nithin Kamath highlights patient retention challenges with weekly injections and conservative doctor prescribing habits as key hurdles. The advent of oral alternatives might boost uptake, suggesting convenience and long-term commitment, rather than price, will drive future acceptance of these weight-loss therapies in India. ...Less

Zerodha co-founder Nithin Kamath revealed that he lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala ...More

Zerodha co-founder Nithin Kamath revealed that he lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully lost 30 kg over the past year. Sharing the achievement on social media, Kamath said he was happy to lose the bet, while Agarwala described the weight-loss transformation as more valuable than the cash reward. The story drew widespread praise online, with many calling it the best kind of bet to lose. ...Less

Investments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account ...More

Investments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertainties and market performance play a role, stringent Know Your Customer (KYC) rules are a major hurdle. Industry insiders believe easing these regulations, particularly through digitisation and e-notarisation, could significantly boost remittance flows and unlock substantial investment potential from affluent NRIs eager to participate in India's growth story. ...Less

Zerodha co-founder Nithin Kamath shared his past entanglement with a pyramid scheme in his late teens, em ...More

Zerodha co-founder Nithin Kamath shared his past entanglement with a pyramid scheme in his late teens, emphasizing that wealth building requires no shortcuts. He warned against schemes promising unusually high returns, noting that many continue to operate in India despite growing financial awareness. Kamath cautioned that making money in the stock market isn't easy and urged people to avoid referral-based money-making schemes, calling them almost invariably fraudulent. ...Less

Nikhil Kamath water business idea: India's rapid growth in water-intensive sectors like agriculture, nucl ...More

Nikhil Kamath water business idea: India's rapid growth in water-intensive sectors like agriculture, nuclear energy, pharmaceuticals, and data centers is straining already stressed water resources. Nikhil Kamath highlights this gap, suggesting a significant business opportunity lies in developing solutions for water measurement, management, and conservation, rather than water itself. ...Less

Bajaj Auto's Rs 5,633 crore share buyback will open for tender on July 1 and close on July 7. Eligible sh ...More

Bajaj Auto's Rs 5,633 crore share buyback will open for tender on July 1 and close on July 7. Eligible shareholders holding shares as of the June 24 record date can participate through the tender offer. The company said the buyback will not adversely impact its financial position. ...Less

Introducing bee boxes on farms has dramatically boosted coconut yields by 20%, according to 13 years of d ...More

Introducing bee boxes on farms has dramatically boosted coconut yields by 20%, according to 13 years of data from Akshayakalpa, highlighted by Nithin Kamath. This simple, nature-based solution underscores the vital role of pollinators in agriculture and human survival. The initiative, now integrated across 7,500 farms, demonstrates how protecting ecosystems offers significant benefits for farmers and the environment, proving that simple solutions can yield massive wins. ...Less

NRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and mo ...More

NRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispatch. ...Less

Indian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to maj ...More

Indian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and Zerodha launching overseas investing services. This move, facilitated by the Liberalised Remittance Scheme, allows investments starting from just $1 with fractional shares. While charges include brokerage and forex conversion, GIFT City offers a regulated framework for these international investments. ...Less

Karo Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost th ...More

Karo Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost their infrastructure for recovering critical minerals and valuable materials from electronic waste. The company aims to scale its recycling operations, focusing on extracting precious and high-value components from end-of-life products. This move supports India's manufacturing future and reduces import dependence. ...Less

India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. W ...More

India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India's startup ecosystem saw slower growth in new unicorns, though several went public. Artificial intelligence is driving massive valuations across sectors, significantly boosting the AI and cybersecurity industries worldwide. ...Less

Zerodha co-founder Nithin Kamath surprised his mother with a song. The gesture deeply touched Revathi Kam ...More

Zerodha co-founder Nithin Kamath surprised his mother with a song. The gesture deeply touched Revathi Kamath, his mother. She shared the emotional moment online. The internet reacted positively, praising her upbringing. The event revealed the strong family values behind the Kamath brothers' success. Music plays a significant role in their family legacy. ...Less

HAL has declared a final dividend of Rs 10 per share (200%) for FY26, subject to shareholder approval at ...More

HAL has declared a final dividend of Rs 10 per share (200%) for FY26, subject to shareholder approval at the upcoming AGM. The record date is set for August 14, 2026. The payout will be made within 30 days of approval, along with updates on recent financial performance. ...Less

Indian investors are ramping up margin trading at a record pace, pushing the MTF book to an all-time high ...More

Indian investors are ramping up margin trading at a record pace, pushing the MTF book to an all-time high of Rs 1.27 lakh crore in May 2026, up 65.4% YoY, according to CareEdge Ratings. Despite stagnant market turnover and heavy FII outflows, leverage in equities continues to build, raising concerns over systemic risk if market conditions reverse. ...Less

The National Stock Exchange's proposed initial public offering (IPO), expected to raise nearly Rs 30,000 ...More

The National Stock Exchange's proposed initial public offering (IPO), expected to raise nearly Rs 30,000 crore through an offer-for-sale, could become India's largest-ever public issue, while also highlighting the exchange's dominant position in the country's capital markets and its heavy reliance on derivatives trading revenues, according to an analysis by Zerodha's Daily Brief. ...Less

Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO. ...More

Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO. ...Less

Women are increasingly investing in India's stock market and mutual funds. Zerodha reports over 30% of it ...More

Women are increasingly investing in India's stock market and mutual funds. Zerodha reports over 30% of its accounts are now held by women, a significant rise since the pandemic. Reports indicate women manage substantial mutual fund assets and are adopting diversified, long-term investment strategies. This trend shows a growing financial independence among women across various age groups. ...Less

Gourmet retail startup Foodstories has secured Rs 50 crore in a funding round led by Zerodha cofounder Ni ...More

Gourmet retail startup Foodstories has secured Rs 50 crore in a funding round led by Zerodha cofounder Nikhil Kamath. The company, founded by Ashni and Avni Biyani, plans to utilize the capital to expand its digital business, delivery network, and retail footprint. ...Less

Indian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam lead ...More

Indian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million investment. This marks a substantial increase from the previous week, highlighting robust investor confidence. Early-stage ventures dominated the funding landscape, securing over 73% of the total capital. ...Less

The startup plans to deploy the fresh capital towards expansion into new cities, double down on technolog ...More

The startup plans to deploy the fresh capital towards expansion into new cities, double down on technology capabilities, and expand its team. ...Less

Zerodha Mutual Fund has introduced two new life cycle funds, targeting investors for specific retirement ...More

Zerodha Mutual Fund has introduced two new life cycle funds, targeting investors for specific retirement years: 2041 and 2036. These open-ended funds offer a dynamic investment approach, automatically shifting from aggressive to conservative asset allocation as the target date nears. They aim for long-term capital appreciation across equities, debt, and commodities. ...Less

In a post on X, formerly Twitter, Kamath described NSE as a "cash generation and distribution machine", n ...More

In a post on X, formerly Twitter, Kamath described NSE as a "cash generation and distribution machine", noting that the exchange earned more than Rs 10,300 crore in profit in FY26 and distributed about Rs 8,660 crore as dividends, translating into a payout ratio of 84%. ...Less

Sunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Relia ...More

Sunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Reliance Industries during May. The fund also added substantial stakes in Edelweiss Financial Services, The Federal Bank, Tata Steel, and Urban Company, among 29 other stocks. No stocks were reduced or exited, maintaining a portfolio of 49 scrips across 23 sectors. ...Less

Nikhil Kamath shares his reading list, offering insights into his thinking on people, power, and uncertai ...More

Nikhil Kamath shares his reading list, offering insights into his thinking on people, power, and uncertainty. His book choices span governance, philosophy, and market collapses. Kamath's reflections highlight lessons on human behavior and systems. He emphasizes understanding the past and questioning beliefs. His recommendations provide a unique perspective on navigating the world. ...Less

Bitcoin hovered near $62,500 on Friday, weighed by Federal Reserve uncertainty and weak institutional inf ...More

Bitcoin hovered near $62,500 on Friday, weighed by Federal Reserve uncertainty and weak institutional inflows. Ethereum and major altcoins declined, while analysts flagged cautious sentiment, ETF outflows, and resistance near key technical levels. Despite some recovery from June lows, the market lacks a strong catalyst for sustained upside momentum. ...Less

A rare video of Mishmi takins in Sikkim has gone viral. These unusual animals were spotted in Bakuchaang ...More

A rare video of Mishmi takins in Sikkim has gone viral. These unusual animals were spotted in Bakuchaang by tourism and forest staff. Mishmi takins are goat-antelopes found in remote Eastern Himalayan areas. They have thick fur and curved horns. Scientists are studying them due to climate change threats. This sighting brings attention to a unique creature. ...Less

Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark a ...More

Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets. ...Less

The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in F ...More

The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in FY25. The rating agency attributed the increase in operating expenses in FY26 to elevated marketing spend, team expansion, and one-off non-recurring expenses. ...Less

The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pa ...More

The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increasingly sought after by Silicon Valley. Unlike traditional executives who have ascended through corporate ranks, Shah's expertise originates from India's dynamic digital landscape. This reflects Big Tech’s shift towards valuing entrepreneurial acumen and market insights, potentially expanding the scope of the 'India pipeline' to include innovative leadership talent. ...Less

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Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses ...More

Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com crash. Unlike the internet boom's light assets, AI's reliance on physical hardware and leverage could trigger wider economic fallout if growth falters. India, investing heavily in AI, faces potential impacts on foreign investment and job markets, urging a focus on sustainable models. ...Less

Indian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These fund ...More

Indian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These funds automatically adjust asset allocation, starting with equities and shifting to safer debt as a target year approaches. Designed for long-term goals like retirement, they simplify investing by eliminating manual portfolio rebalancing. Investors should review the fund's glide path and compare it with other options. ...Less

Gen Z-focused investment platform Trackk is now venturing into broking, offering equity and F&O trading. ...More

Gen Z-focused investment platform Trackk is now venturing into broking, offering equity and F&O trading. Shifting from its previous sub-broker role, the platform aims to build its own financial infrastructure to better serve its young user base. Trackk targets 500,000 accounts in the next year, focusing on first-time investors. ...Less

Happy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2 ...More

Happy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s ETtech Morning Dispatch. ...Less

Gold and silver ETFs rose up to 8% as precious metal prices surged following optimism around a US-Iran pe ...More

Gold and silver ETFs rose up to 8% as precious metal prices surged following optimism around a US-Iran peace deal. Analysts advise continuing SIPs and limiting gold exposure to 10–15% of portfolios, while using market dips to accumulate. Rising geopolitical stability and inflation concerns continue to support precious metals. ...Less

Mutual funds reduced cash holdings by over Rs 10,000 crore in May to Rs 1.87 lakh crore, representing 4.2 ...More

Mutual funds reduced cash holdings by over Rs 10,000 crore in May to Rs 1.87 lakh crore, representing 4.24% of total assets. Equity AUM saw a monthly increase of Rs 46,274 crore, reaching Rs 44.25 lakh crore. PPFAS Mutual Fund led with the highest cash allocation at 17.67%. ...Less

Gold ETFs saw their first outflow in over a year in May, while silver ETFs extended losses for the fourth ...More

Gold ETFs saw their first outflow in over a year in May, while silver ETFs extended losses for the fourth straight month, according to AMFI data. Gold ETFs recorded an outflow of Rs 725 crore versus an inflow in April, while silver ETFs saw a Rs 2,133 crore outflow, taking total withdrawals over four months to Rs 3,770 crore. ...Less

Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with ...More

Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with gold ETFs seeing a net outflow of Rs 725 crore. Experts advise against over-interpreting single-month data, emphasizing long-term portfolio objectives and strategic asset allocation over short-term trends. ...Less

The Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune ...More

The Bengaluru-based company makes CAR-T therapy, a form of cancer treatment where a patient’s own immune cells are taken out, trained in a lab to fight cancer, and then put back into the body. The treatment has been seen as a major breakthrough globally, but has remained out of reach for most patients because it is highly expensive and difficult to manufacture. ...Less

Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising ...More

Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising crude oil prices, inflation concerns and expectations of higher US interest rates. While the selloff weighed on returns, experts believe the correction offers a gradual accumulation opportunity for long-term investors through systematic investments. ...Less

The Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of In ...More

The Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residing abroad. This move allows them to invest more in the Indian stock market without requiring SEBI registration. The enhanced limits offer greater flexibility for foreign investors looking to participate in India's financial markets. ...Less

The Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Agg ...More

The Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move formalizes governance and operational standards for financial data sharing. Sahamati, a not-for-profit entity, will now oversee this crucial network. The ecosystem facilitates consent-based sharing of financial data, benefiting credit underwriting and customer assessment. ...Less

A video from Zerodha showing CEO Nithin Kamath being quizzed by a younger employee on popular Gen Z slang ...More

A video from Zerodha showing CEO Nithin Kamath being quizzed by a younger employee on popular Gen Z slang has gone viral on social media. Shared by Gowri Bhat Gandotra from Rainmatter, the light-hearted interaction features Kamath trying to decode terms like “rizz,” “simp,” “clock it,” and “slay.” While he struggles with most of the expressions, he correctly answers one, leading to a humorous score of 1 out of 4. ...Less

The Delhi High Court has ruled Google liable for trademark infringement in keyword advertising, a decisio ...More

The Delhi High Court has ruled Google liable for trademark infringement in keyword advertising, a decision lauded by Indian startup founders like Nithin Kamath and Sridhar Vembu. This verdict could curb practices where competitors bid on trademarked names, diverting traffic and forcing brands to spend on their own keywords. ...Less

Zerodha CEO Nithin Kamath has warned about India’s heavy reliance on imported fertilisers and raw materia ...More

Zerodha CEO Nithin Kamath has warned about India’s heavy reliance on imported fertilisers and raw materials used in fertiliser production, calling it a major vulnerability for the country’s agriculture sector. Amid global supply chain disruptions and rising energy prices, Kamath stressed the urgent need to reduce this dependency. He also highlighted the importance of innovation, sustainable farming practices and investment in alternatives such as bio-inputs, organic manure, green hydrogen and biogas to help India move towards greater agricultural self-sufficiency. ...Less

A Delhi High Court ruling has found Google liable for trademark infringement, ordering the tech giant to ...More

A Delhi High Court ruling has found Google liable for trademark infringement, ordering the tech giant to pay $31,600. The court stated Google allowed competitors to use "Hindware" as an advertising keyword without authorization. This decision could significantly alter the online advertising landscape for Indian businesses, offering a new avenue for legal recourse against such practices. ...Less

Nithin Kamath warned that a weak monsoon caused by El Niño and rising global oil prices linked to the Ira ...More

Nithin Kamath warned that a weak monsoon caused by El Niño and rising global oil prices linked to the Iran conflict could sharply increase inflation in India. He said higher food and fuel costs may force the RBI to raise interest rates, hurting growth and market sentiment. ...Less

Nithin Kamath warned that surging Margin Trading Facility (MTF) exposure, fueled by aggressive leveraged ...More

Nithin Kamath warned that surging Margin Trading Facility (MTF) exposure, fueled by aggressive leveraged bets in illiquid mid and small-cap stocks, poses a major systemic risk. He fears sharp market corrections could leave brokers unable to liquidate collateral, leading to significant bad debt. ...Less

Gurugram-based Oxyzo Financial Services, the financial arm of OfBusiness, is set to acquire online bond d ...More

Gurugram-based Oxyzo Financial Services, the financial arm of OfBusiness, is set to acquire online bond distribution platform GoldenPi Technologies. This strategic move will allow Oxyzo to expand into wealth management and fixed-income investments, leveraging GoldenPi's 16 lakh user base and Rs 6,000 crore in cumulative investments. ...Less

Zerodha co-founder Nithin Kamath shared a personal moment on Instagram where he sang and played guitar, p ...More

Zerodha co-founder Nithin Kamath shared a personal moment on Instagram where he sang and played guitar, performing the classic “Saranga Teri Yaad Mein” in memory of his father. Along with the video, he mentioned that it was his father’s favourite song and expressed that he was missing him, while also joking that he is not a trained singer. ...Less

Zerodha CEO Nithin Kamath highlighted the challenges NRIs face while investing in India, calling the proc ...More

Zerodha CEO Nithin Kamath highlighted the challenges NRIs face while investing in India, calling the process unnecessarily difficult despite strong diaspora interest. While Ashish Kacholia supported his concerns over regulatory friction and capital flow hurdles, veteran investor Shankar Sharma disagreed, describing the investment process for NRIs as smooth and seamless. ...Less

Zerodha CEO Nithin Kamath highlighted the tight regulation in Indian financial markets following a surpri ...More

Zerodha CEO Nithin Kamath highlighted the tight regulation in Indian financial markets following a surprise import duty hike on gold and silver. He noted the absence of unusual trading activity before the announcement, contrasting it with potential scenarios in Western markets where privileged information might be exploited. ...Less

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent i ...More

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with flexible licensing. A shift towards graduated licenses and a principles-based approach is needed to foster new financial products and services. This will unlock India's potential in consumer finance and cross-border money movement. ...Less

Rama Subramaniam Gandhi is the new non-executive chairman of Sahamati. This industry alliance promotes th ...More

Rama Subramaniam Gandhi is the new non-executive chairman of Sahamati. This industry alliance promotes the Account Aggregator ecosystem. The Sahamati board has also expanded with new independent directors. These appointments come as Account Aggregator adoption grows across various financial sectors. The expanded board signifies the increasing importance of consent-based financial data sharing. ...Less

Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for In ...More

Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-linked stablecoin. He said such a model could monetise idle household gold holdings while reducing dependence on dollar-dominated digital financial systems and supporting India’s strategic interests. ...Less

Nazara Technologies shares surged 18% following a significant block deal involving nearly 4.9% of the com ...More

Nazara Technologies shares surged 18% following a significant block deal involving nearly 4.9% of the company's equity. Nikhil Kamath and Axana Estates are reportedly buyers, with founder Nitish Mittersain as the likely seller. The company reported a Q4FY26 revenue of Rs 398 crore, a 23% decrease year-on-year, but saw net profit jump over 13-fold to Rs 56 crore. ...Less

India's retail trading has shifted towards leveraged products like Margin Trading Facility (MTF) since th ...More

India's retail trading has shifted towards leveraged products like Margin Trading Facility (MTF) since the pandemic, with cash market activity seeing slower growth. Zerodha's MTF book has surged to nearly Rs 7,400 crore, driven by increased appetite for leveraged positions. Traders are cautioned to consider brokerage costs alongside interest rates, as these can significantly impact returns on leveraged trades. ...Less

Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a R ...More

Billionbrains Garage Ventures shares rebounded on Wednesday, recovering Tuesday’s losses triggered by a Rs 5,326 crore stake sale by Peak XV Partners, Ribbit Capital, and YC Holdings. The investors sold over 29.5 crore shares via bulk deals at an average price of Rs 180.43 apiece, a 1.5% discount to the previous closing price. ...Less

Gold Exchange Traded Funds attracted substantial investment in April, with inflows surging by 34 percent. ...More

Gold Exchange Traded Funds attracted substantial investment in April, with inflows surging by 34 percent. This marks a positive trend for gold ETFs. Conversely, silver ETFs faced continued investor withdrawal for the third consecutive month. Despite these movements, gold prices remained relatively stable. Assets under management for gold ETFs also saw an increase. ...Less

Mutual funds boosted cash holdings by over Rs 12,000 crore in April, reaching Rs 1.98 lakh crore. This oc ...More

Mutual funds boosted cash holdings by over Rs 12,000 crore in April, reaching Rs 1.98 lakh crore. This occurred even as Indian stock markets like Nifty 50 and Sensex saw significant gains. Several fund houses increased their cash positions, while others reduced them. SBI Mutual Fund held the largest cash reserves. ...Less

Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodi ...More

Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodity Exchange of India, following goivernemt announced higher import duties. Most gold and silver ETFs logged broad gains, while experts urged investors to avoid timing the spike and instead use SIPs to navigate the volatility. ...Less

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Nithin Kamath cautioned that India’s market rally may not reflect a broad bull run, citing weak cash turn ...More

Nithin Kamath cautioned that India’s market rally may not reflect a broad bull run, citing weak cash turnover and negative equity inflows. Growth is driven by SIPs and leveraged trading, raising concerns about speculative activity dominating true investment participation. ...Less

Nithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued upta ...More

Nithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued uptake of ULIPs and endowment plans despite ample information. He notes a lack of innovation in these financial missteps, where insurance and investments are wrongly combined. While health insurance faces complexities, Kamath argues these bundled products are easier to scrutinize, making poor choices harder to excuse. ...Less

Eleven new mutual funds launched in April collectively raised ₹828 crore, led by index funds, while the S ...More

Eleven new mutual funds launched in April collectively raised ₹828 crore, led by index funds, while the SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund attracted the highest investor inflows. ...Less

Indian investors are increasingly looking beyond domestic markets for diversification and better returns. ...More

Indian investors are increasingly looking beyond domestic markets for diversification and better returns. Seeking exposure to global innovation and facing weaker local market performance, a growing number are investing overseas. Easier access through new platforms and a weaker rupee are making foreign assets more attractive, with significant growth seen in global feeder funds and overseas equity investments. ...Less

Retail investors sold equities, but Zerodha clients bought heavily, highlighting divergence. Overall, dir ...More

Retail investors sold equities, but Zerodha clients bought heavily, highlighting divergence. Overall, direct retail ownership declined while mutual fund holdings hit record highs, reflecting a structural shift toward professionally managed investments and rising domestic institutional dominance in Indian equity markets ...Less

Young Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomi ...More

Young Indian investors are attracting VC attention as Gen Z-focused wealthtech firms like Trackk and Zomint are in advanced talks to raise significant capital. This trend is fuelled by the success of platforms like Groww, inspiring further investment in early-stage fintech startups aiming to democratise wealth management. ...Less

Indian investors are increasingly shifting money overseas in search of diversification amid weaker domest ...More

Indian investors are increasingly shifting money overseas in search of diversification amid weaker domestic market returns, persistent foreign fund outflows, and a record-low rupee. Overseas investments in equities and debt rose 60% year-on-year to over $2.2 billion in the 11 months through February. ...Less

Nithin Kamath of Zerodha reports that opening stock exchange auction markets to retail investors is resha ...More

Nithin Kamath of Zerodha reports that opening stock exchange auction markets to retail investors is reshaping dynamics, impacting proprietary trading firms. Increased retail participation has improved liquidity and narrowed spreads in these auctions, which historically offered easy profits for specialized traders. This shift is making the market more efficient. ...Less

Zerodha Fund House CEO Vishal Jain advocates for low-cost index funds and ETFs as the core of long-term p ...More

Zerodha Fund House CEO Vishal Jain advocates for low-cost index funds and ETFs as the core of long-term portfolios, emphasizing asset allocation for broad exposure and simplicity. He believes passive products offer transparency and cost-effectiveness, making them ideal building blocks for investors navigating uncertain markets. ...Less

Indian Exchange Traded Funds experienced unprecedented net inflows of over Rs 1.8 lakh crore in FY26. Com ...More

Indian Exchange Traded Funds experienced unprecedented net inflows of over Rs 1.8 lakh crore in FY26. Commodity ETFs, specifically Gold and Silver, drew more investor interest than equity ETFs. This marks a significant shift, with over half of all ETF inflows directed towards these precious metals. This trend indicates investors are diversifying their portfolios using the ETF structure. ...Less

Dream Sports has launched DreamStreet, a new stockbroking platform designed to simplify investing for Ind ...More

Dream Sports has launched DreamStreet, a new stockbroking platform designed to simplify investing for Indian retail investors, especially newcomers. Leveraging AI for insights and offering access to research analysts, the platform aims to build confidence among those hesitant to enter the market. This move signifies Dream Sports' diversification strategy following regulatory changes impacting its gaming business. ...Less

Discount brokerage Zerodha has shut down its media initiative, Zero1 Network, owing to regulatory uncerta ...More

Discount brokerage Zerodha has shut down its media initiative, Zero1 Network, owing to regulatory uncertainty surrounding financial influencers. The company will now manage its content channels in-house to maintain full control. This move follows recent actions by Sebi to curb unlicensed finfluencers and regulate financial advice. ...Less

Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling ...More

Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next venture. Jain, who founded WealthDesk and OpenQ before their acquisition by PhonePe, led the launch of Share.Market in August 2023. This move occurs as PhonePe has postponed its IPO plans. ...Less

Government mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ...More

Government mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5. ...Less

Bengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds ...More

Bengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds will fuel expansion into margin trade funding, commodities, and mutual funds. Founded in 2023, Sahi aims to disrupt the broking space, already boasting 400,000 demat accounts and processing 3% of daily trades. AI integration for client decision-making is also a key focus. ...Less

GalaxEye is set to launch commercial sales of satellite imagery from its new Mission Drishti satellite in ...More

GalaxEye is set to launch commercial sales of satellite imagery from its new Mission Drishti satellite in eight weeks. Defence and security agencies are anticipated to be the primary customers. The company's satellite combines advanced radar and multispectral sensors. This move signifies a significant step in monetizing private space technology in India, moving beyond experimental phases to scalable applications. ...Less

Bitcoin traded near $77,000, signalling a bullish trend, while Ethereum showed neutral momentum around $2 ...More

Bitcoin traded near $77,000, signalling a bullish trend, while Ethereum showed neutral momentum around $2,300. Crypto markets posted modest gains over 24 hours, though weekly trends remained mixed. Analysts flagged resistance near $80,000, ETF outflows, and macro pressures as key factors influencing near-term price consolidation and market sentiment. ...Less

Zerodha traders saved Rs 25,620 crore in brokerage between 2016 and 2025 due to the firm’s zero-delivery ...More

Zerodha traders saved Rs 25,620 crore in brokerage between 2016 and 2025 due to the firm’s zero-delivery brokerage model, founder Nithin Kamath said. He credited the bootstrapped structure for enabling a customer-first approach, avoiding aggressive monetisation, ads, and cross-selling while maintaining low-cost trading and high user trust. ...Less

A long-term investor with Rs 10 lakh and a 15-year horizon can build a simple four-fund mutual fund portf ...More

A long-term investor with Rs 10 lakh and a 15-year horizon can build a simple four-fund mutual fund portfolio combining a Nifty index fund and flexi-cap funds. The strategy focuses on disciplined investing, diversification, and staying invested through volatility to generate sustainable wealth over time despite market fluctuations. ...Less

Zerodha-backed Rainmatter has injected Rs 20 crore into Chennai-based Prime Investor, marking the wealth ...More

Zerodha-backed Rainmatter has injected Rs 20 crore into Chennai-based Prime Investor, marking the wealth advisory startup's first institutional funding. The capital will fuel a transition from advisory services to a full-stack portfolio management service, targeting clients with a minimum asset base of Rs 50 lakh. This strategic shift aims to leverage technology for efficient client acquisition and operational management. ...Less

Heavy rains in Bengaluru caused a compound wall collapse at Bowring and Lady Curzon Hospital. Seven peopl ...More

Heavy rains in Bengaluru caused a compound wall collapse at Bowring and Lady Curzon Hospital. Seven people, including two children, lost their lives. Chief Minister Siddaramaiah visited the site and announced relief for the victims' families. The incident highlights infrastructure gaps and has drawn criticism regarding city planning and governance. ...Less

Zerodha is expanding its Coin platform into a comprehensive one-stop shop for passive wealth management, ...More

Zerodha is expanding its Coin platform into a comprehensive one-stop shop for passive wealth management, now including fixed deposits alongside mutual funds, NPS, and insurance. The company is also exploring bond distribution, aiming to cater to a broader range of investor needs for non-active management of funds. ...Less

Union Mutual Fund has launched its Arthaya Equity Long Short Fund under the new SEBI SIF framework. This ...More

Union Mutual Fund has launched its Arthaya Equity Long Short Fund under the new SEBI SIF framework. This strategy aims to generate returns across market cycles by combining long equity positions with selective short exposure, bridging the gap between traditional and alternative investment products. ...Less

Sahamati, the NBFC-Account Aggregator body, has raised Rs 50 crore from major banks, asset management com ...More

Sahamati, the NBFC-Account Aggregator body, has raised Rs 50 crore from major banks, asset management companies, stockbrokers, and fintechs. This funding will enhance the data sharing platform's infrastructure and participation. The investment supports the development of a robust framework for financial data management, placing consumers in control of their information. ...Less

Indian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech T ...More

Indian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5. ...Less

A 55-year-old investor targeting Rs 5 crore from a Rs 70 lakh corpus may fall short with a 10% step-up SI ...More

A 55-year-old investor targeting Rs 5 crore from a Rs 70 lakh corpus may fall short with a 10% step-up SIP, experts caution. Even with 13–14% returns, projections remain below target. Increasing SIP contributions and timely portfolio derisking are critical to improving outcomes and protecting gains near retirement. ...Less

Equity mutual funds saw strong performance in April 2026. Nearly 25 funds delivered over 25% returns, led ...More

Equity mutual funds saw strong performance in April 2026. Nearly 25 funds delivered over 25% returns, led by sectoral and thematic options. Many funds offered double-digit gains, while a few experienced minor losses. Investors are advised to consider SIPs for flexi-cap funds and include mid-cap options for consistent performance amid expected market fluctuations. ...Less

Mutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, i ...More

Mutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rolling out a voluntary lock-in facility. This Sebi-introduced framework offers enhanced safety and control, applicable to both demat and non-demat holdings, and is accessible via MF Central. ...Less

ETMutualFunds presents recommended mutual fund portfolios for May 2026. These portfolios cater to conserv ...More

ETMutualFunds presents recommended mutual fund portfolios for May 2026. These portfolios cater to conservative, moderate, and aggressive investors. They are designed for SIP investments across various amounts. The selection methodology considers rolling returns, consistency, downside risk, outperformance, and asset size for equity, debt, and hybrid funds. This guide helps investors build portfolios for long-term goals. ...Less