Direct mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of en ...More

Direct mutual fund assets held through Groww rose 45.9% year-on-year (YoY) to Rs 2.06 lakh crore as of end September, and 7.8% from about Rs 1.9 lakh crore in June, a Groww spokesperson said. The company is building its mutual fund business alongside a broader push into wealth management. ...Less

Groww Q2 Results: The company’s revenue from operations came in at Rs 1,501 crore, marking a 47% increase ...More

Groww Q2 Results: The company’s revenue from operations came in at Rs 1,501 crore, marking a 47% increase from Rs 1,019 crore posted in the corresponding quarter of the previous financial year. ...Less

The company said quarterly revenue from operations rose by 47% from a year ago to Rs 1,502 crore. Sequent ...More

The company said quarterly revenue from operations rose by 47% from a year ago to Rs 1,502 crore. Sequentially, however, revenue was almost unchanged, while net profit declined 1.4% from the June quarter. Total expenses rose 29% year-on-year to Rs 556 crore. ...Less

The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 fo ...More

The Bengaluru-based company was adjudged Startup of the Year at The Economic Times Startup Awards 2026 for scaling rapidly while maintaining profitability. Groww went public in November 2025 and has a market capitalisation of about $13 billion. ...Less

The addition took Groww’s active client base to 1.34 crore and its market share to 29.16%, up from 29.04% ...More

The addition took Groww’s active client base to 1.34 crore and its market share to 29.16%, up from 29.04% in August. Groww alone accounted for more than 60% of the industry’s net addition of 1.6 lakh active clients during the month. The total active client base stood at 4.61 crore at the end of September. ...Less

Billionbrains Garage Ventures is poised to unveil its Q2FY27 results, projecting impressive revenue growt ...More

Billionbrains Garage Ventures is poised to unveil its Q2FY27 results, projecting impressive revenue growth compared to the previous year. Analysts from Motilal Oswal Financial Services anticipate revenues reaching Rs 1,434 crore. Additionally, the forecast for EBITDA reflects a significant year-on-year uplift, highlighting robust profitability. Nonetheless, concerns arise from margin pressures and a decline in derivatives revenue sequentially, making it vital to observe financial performance across various business segments. ...Less

Groww reported strong quarterly earnings in the July-September period. This and more in today’s ETtech To ...More

Groww reported strong quarterly earnings in the July-September period. This and more in today’s ETtech Top 5. ...Less

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and mo ...More

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispatch. ...Less

Sunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Grow ...More

Sunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Groww and 32 other stocks in September. The fund also added Zydus Lifesciences, exited Cyient DLM and trimmed stakes in two stocks. ...Less

Flipkart’s marketplace business sees revenue decline as losses widen. This and more in today’s ETtech Top ...More

Flipkart’s marketplace business sees revenue decline as losses widen. This and more in today’s ETtech Top 5. ...Less

Aatrey said the company must continue to innovate while meeting the expectations of public-market investo ...More

Aatrey said the company must continue to innovate while meeting the expectations of public-market investors. The need to set quarterly goals has also raised expectations within teams, making it important to balance predictability with innovation, he added. ...Less

Entrepreneurs, investors and policymakers came together in a star-studded event to honour the best of Ind ...More

Entrepreneurs, investors and policymakers came together in a star-studded event to honour the best of Indian entrepreneurship at the ET Startup Awards 2026 in Bengaluru. ...Less

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

Jefferies sees signs of recovery in India’s derivatives market as options volumes rebound after the disru ...More

Jefferies sees signs of recovery in India’s derivatives market as options volumes rebound after the disruption caused by the closing auction session (CAS). BSE’s cash-market share also rose, while MCX benefited from stronger energy options activity. The brokerage expects Groww to benefit from improving orders, higher MTF volumes and commodity trading, and named Groww, MCX, KFIN and Nuvama as top picks ...Less

Happy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and ...More

Happy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Dispatch. ...Less

SEBI has revised the Closing Auction Session framework, changing market timings, order transfer rules and ...More

SEBI has revised the Closing Auction Session framework, changing market timings, order transfer rules and settlement price calculations for derivatives. The updated rules will take effect from December 7, 2026, with provisions for transferring unexecuted limit and iceberg orders kicking in on February 8, 2027. ...Less

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecos ...More

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecosystem that has moved beyond the race for scale to pursue technological depth, durable businesses and international markets. ...Less

Happy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This a ...More

Happy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This and more in today’s ETtech Morning Dispatch. ...Less

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which wil ...More

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem. ...Less

Speaking at a panel alongside Groww CEO Lalit Keshre and ETtech editor Samidha Sharma, Aatrey contrasted ...More

Speaking at a panel alongside Groww CEO Lalit Keshre and ETtech editor Samidha Sharma, Aatrey contrasted India’s market with that of the United States. ...Less

Happy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the ...More

Happy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

The advice from the two founders, during a panel discussion at The ET Startup Awards moderated by Samidha ...More

The advice from the two founders, during a panel discussion at The ET Startup Awards moderated by Samidha Sharma, came as a number of startups are looking to tap the public market early in their journey. Value commerce platform Meesho and wealthtech company Groww, both around a decade old, listed on stock exchanges a month apart late last year. ...Less

Swiggy, Groww parent Billionbrains Garage, Patanjali Foods, Astral, and PB Fintech emerged as the top fiv ...More

Swiggy, Groww parent Billionbrains Garage, Patanjali Foods, Astral, and PB Fintech emerged as the top five mid-cap stocks attracting the highest net buying from mutual funds in September, according to a Motilal Oswal report. Swiggy led the inflows with a Rs 6.3 billion value increase during the month. ...Less

Indian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positiv ...More

Indian stocks rallied impressively, as benchmark indices surged by over 1.5%, fueled by a wave of positive investor sentiment. Key players like Adani Enterprises and Hyundai Motor India are capturing attention due to significant recent updates. While Tata Elxsi experienced a minor dip in net profit, revenue and EBIT improvements were encouraging. Furthermore, Bharat Electronics has secured fresh orders totaling Rs 533 crore, enhancing its order backlog. ...Less

Capital market stocks rallied after a Reuters report said Sebi may partly reverse its new Closing Auction ...More

Capital market stocks rallied after a Reuters report said Sebi may partly reverse its new Closing Auction Session rules for derivatives settlement. BSE, NSE, Groww and Angel One gained as options volumes recovered and CAS-related concerns eased. ...Less

Nifty surged more than 300 points in less than a minute during Tuesday’s closing auction session, briefly ...More

Nifty surged more than 300 points in less than a minute during Tuesday’s closing auction session, briefly crossing 23,000 before paring gains. The sharp swings have renewed concerns over CAS volatility on expiry days, even as Sebi considers changes to derivatives settlement rules. Jefferies sees signs of recovery in options volumes. ...Less

Lalit Keshre, co-founder and CEO of Bengaluru-based Groww, was raised in a farming family in Lepa, Madhya ...More

Lalit Keshre, co-founder and CEO of Bengaluru-based Groww, was raised in a farming family in Lepa, Madhya Pradesh and studied in the only English-medium school in his district before cracking IIT Bombay. He earned a dual degree in Electrical Engineering in 2004 and later worked at Flipkart before founding Groww in 2016. Today, Groww offers multiple financial products, while Forbes puts Keshre’s net worth at $1.1 billion. ...Less

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. T ...More

IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students. ...Less

The rollout comes as US technology stocks have climbed back to record levels on renewed investor enthusia ...More

The rollout comes as US technology stocks have climbed back to record levels on renewed investor enthusiasm around artificial intelligence. The tech-heavy Nasdaq hit record closing highs last week, driven by gains in chipmakers and other AI-linked stocks. ...Less

Around 17 mutual fund houses have temporarily halted fresh subscriptions to gold ETF Fund of Funds from O ...More

Around 17 mutual fund houses have temporarily halted fresh subscriptions to gold ETF Fund of Funds from October 15–16, citing SEBI-related instructions or unspecified reasons. Redemptions and existing systematic investments continue, amid rising gold ETF inflows and seasonal festive demand ahead of Dussehra and Diwali. ...Less

Divi's Laboratories and TVS Motor Company have emerged as likely contenders to replace Max Healthcare Ins ...More

Divi's Laboratories and TVS Motor Company have emerged as likely contenders to replace Max Healthcare Institute and HDFC Life in the Nifty index at the March 2027 review. According to Quiddity Leaderboard, this transition may lead to significant inflows estimated at around $824 million. As the review remains in its nascent phase, further alterations to the Nifty 100 rankings are also projected. ...Less

Sebi has revised the Closing Auction Session (CAS) framework after receiving more than 20,000 comments fr ...More

Sebi has revised the Closing Auction Session (CAS) framework after receiving more than 20,000 comments from stakeholders. The updated rules introduce a 10-minute closing auction, restore the VWAP method for F&O expiry settlement prices and clarify order transfers. Most changes will take effect on December 7, 2026. ...Less

Despite market corrections in September, small and midcap mutual funds recorded strong monthly inflows of ...More

Despite market corrections in September, small and midcap mutual funds recorded strong monthly inflows of Rs 9,038 crore and Rs 7,834 crore respectively. Largecap funds also returned to positive territory with Rs 859 crore in inflows, signaling strong investor confidence and strategic value buying across all capitalisations. ...Less

Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year pr ...More

Tata Elxsi Share Price: Tata Elxsi shares rallied up to 7% after the company reported 10% year-on-year profit growth and 15% revenue growth in the September quarter. Morgan Stanley, Motilal Oswal and JM Financial maintained cautious ratings, citing valuations, European automotive weakness and a gradual deal ramp-up. ...Less

Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) cru ...More

Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%, to $95.38. Brent had fallen 0.9% on Tuesday, while WTI rose 0.4%. ...Less

Silver ETFs fell sharply on Thursday as elevated crude oil prices and uncertainty over US inflation data ...More

Silver ETFs fell sharply on Thursday as elevated crude oil prices and uncertainty over US inflation data weighed on sentiment. Experts expect continued volatility amid interest rate concerns, dollar movements and geopolitical tensions. They advise long-term investors to consider accumulating gold and silver gradually while cautioning traders against short selling. ...Less

India's mutual fund SIP stoppage ratio fell to 78.53% in September 2026 as 63.26 lakh new SIPs were regis ...More

India's mutual fund SIP stoppage ratio fell to 78.53% in September 2026 as 63.26 lakh new SIPs were registered against 49.68 lakh closures. Monthly SIP inflows reached a fresh record of Rs 32,490 crore, signaling sustained retail participation despite broader market volatility. ...Less

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age ...More

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investors including Japan’s SoftBank group and venture capital firms Peak XV Partners, Elevation Capital and Accel. ...Less

As many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI ...More

As many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro and Nestle India. With the earnings season underway, investors will track key announcements across banking, IT and other sectors after markets snapped an eight-week losing streak. Here is a day-wise list of major companies scheduled to report results. ...Less

Seventeen mutual fund houses have temporarily restricted fresh investments in specified gold exchange-tra ...More

Seventeen mutual fund houses have temporarily restricted fresh investments in specified gold exchange-traded fund-of-funds (FoFs), including lumpsum contributions, new SIPs and switch-ins. Existing SIPs and redemptions generally remain permitted, subject to scheme-specific conditions. ...Less

Moneyview’s Rs 1,092-crore IPO comprised a fresh issue of Rs 750 crore and an OFS of about Rs 342 crore. ...More

Moneyview’s Rs 1,092-crore IPO comprised a fresh issue of Rs 750 crore and an OFS of about Rs 342 crore. The issue was subscribed 98.46 times, led by qualified institutional buyers whose portion was subscribed 227.45 times. ...Less

RBI’s 25-basis-point repo rate hike has changed the near-term outlook for mutual fund investors. Experts ...More

RBI’s 25-basis-point repo rate hike has changed the near-term outlook for mutual fund investors. Experts advise continuing SIPs, staggering lumpsum investments and favouring quality, shorter-duration debt funds. In equities, large caps remain preferred for core allocations, while investors should be selective with small-cap and thematic exposure amid policy uncertainty. ...Less

Top Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech ...More

Top Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech Top 5. ...Less

In September, investor enthusiasm for gold and silver ETFs saw a notable increase, driven by ongoing mark ...More

In September, investor enthusiasm for gold and silver ETFs saw a notable increase, driven by ongoing market uncertainties and global tensions. Although there has been recent price adjustment, the inflow of investments remained robust, hinting at a deliberate choice by many. Financial experts advise caution, stressing that short-term trends should not dictate long-term strategies. ...Less

SBI FD interest rate: Investors frequently look to calculate the maturity amounts for their fixed deposit ...More

SBI FD interest rate: Investors frequently look to calculate the maturity amounts for their fixed deposit investments with the State Bank of India. Factors such as tenure and current interest rates play significant roles in these calculations. ...Less

Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, ...More

Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBI’s rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious. ...Less

Indian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gain ...More

Indian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gaining over 220 points. Falling crude prices, strong Q2 business updates and positive global cues lifted investor sentiment, adding nearly Rs 5 lakh crore to BSE market capitalisation. ...Less

Indian equities rebounded on Monday after eight consecutive weekly losses, with Sensex rising 473 points ...More

Indian equities rebounded on Monday after eight consecutive weekly losses, with Sensex rising 473 points and Nifty gaining 134 points. Softer US jobs data and lower crude prices supported sentiment, though analysts flagged bond yields, currency risks, RBI policy and earnings uncertainty. ...Less

Happy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This ...More

Happy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning Dispatch. ...Less

India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. I ...More

India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. In contrast, the secondary market has experienced notable declines in equity indices. While foreign investor interest in listed stocks has dwindled, they remain active in the IPO space. Several leading companies have successfully gone public, contributing to the primary market's resilience. ...Less

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile ...More

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile deals with the UK, which came into force in July, and the EU, which is expected to take effect early next year. His ministry is also overhauling a raft of laws and regulations to make it easier to do business and to cement India's position as a global manufacturing hub, a push that has coincided with record foreign direct investment (FDI) inflows of $94.53 billion in FY26. ...Less

Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high ...More

Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600 target price, implying 27% upside from Tuesday’s close and nearly 98% above its Rs 807 IPO price. The stock had listed at a 21% premium at Rs 980. ...Less

In September, mutual fund investors encountered significant setbacks as many technology-focused funds saw ...More

In September, mutual fund investors encountered significant setbacks as many technology-focused funds saw sharp declines. The Nifty 50 index fell by 5.56%, leading to nearly 95% of the evaluated funds posting negative returns, with many suffering losses exceeding 9%. To navigate this turbulence, experts suggest that investors should prioritize diversification and maintain balanced asset allocations, employing a disciplined strategy toward equities during this volatile market phase. ...Less

Macquarie projects a robust growth trajectory for India's capital market sector between fiscal years 2026 ...More

Macquarie projects a robust growth trajectory for India's capital market sector between fiscal years 2026 to 2030. This optimistic outlook hinges on a notable redirection of household savings towards market-based financial products. Key growth drivers identified are financialisation, equitisation, and productisation, which together enhance investment opportunities. Consequently, brokers and exchanges are likely to see substantial advantages from an expanding investor demographic. ...Less

India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increa ...More

India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and transactions for consumers, forcing companies to rethink pricing, customer engagement and bot verification. ...Less

Happy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This an ...More

Happy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This and more in today’s ETtech Morning Dispatch. ...Less

In the last six months, all 36 smallcap mutual funds have achieved impressive double-digit returns, avera ...More

In the last six months, all 36 smallcap mutual funds have achieved impressive double-digit returns, averaging around 25.20%. This indicates a robust recovery from prior dips. Financial experts advise investors to keep up their SIPs if they can handle the volatility. With smallcap valuations currently elevated, future success will hinge on sustained earnings growth. ...Less

Macquarie sees a strong multiyear growth outlook for India’s capital market industry, driven by rising fi ...More

Macquarie sees a strong multiyear growth outlook for India’s capital market industry, driven by rising financialisation of savings. It expects investment and wealth and exchange revenues to grow 16% annually through FY30, highlighting Groww, MCX, BSE and NSE. ...Less

Billionbrains Garages Ventures shares fell after a large block deal occurred. Peak XV Partners and Sequoi ...More

Billionbrains Garages Ventures shares fell after a large block deal occurred. Peak XV Partners and Sequoia Capital were reportedly selling their stake. Jefferies maintains a Buy rating on the Groww parent company. The brokerage sees significant upside potential from the current stock price. Groww reported strong year-on-year profit growth in its recent quarterly results. ...Less

Peak XV Partners sold about 91.7 million shares at an average price of Rs 191.49 apiece through a bulk de ...More

Peak XV Partners sold about 91.7 million shares at an average price of Rs 191.49 apiece through a bulk deal on Wednesday, according to stock exchange data. The sale reduces its holding from 15.68% at the end of June to about 14.2%. ...Less

Sunil Singhania-backed Abakkus Flexi Cap Fund increased its holdings in 32 stocks during August, includin ...More

Sunil Singhania-backed Abakkus Flexi Cap Fund increased its holdings in 32 stocks during August, including Dixon Technologies, OFSS, NTPC, and Tata Steel. The fund also added Groww and Jubilant Pharmova as new entrants, expanding its AUM to Rs 7,394 crore across 46 portfolio stocks. ...Less

The figure was calculated by dividing each company’s value equally among its founders and adding only the ...More

The figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in India. If one of four founders of a $10-billion company met that definition, $2.5 billion was counted. It does not represent actual shareholdings or personal wealth. The 205 companies had a total valuation of $1.09 trillion. ...Less

This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering ...More

This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering rise of approximately 108% year-to-date in the unlisted market. Simultaneously, CSE shares have gained momentum, echoing the trend amidst increasing investor interest in smaller exchanges following the NSE IPO filing. Factors such as revival plans and enhanced broker integrations are fueling this noteworthy shift. ...Less

BSE, Groww, Angel One and Motilal Oswal are in focus after Sebi proposed changes to the Closing Auction S ...More

BSE, Groww, Angel One and Motilal Oswal are in focus after Sebi proposed changes to the Closing Auction Session and expiry-day settlement methodology. Jefferies remains bearish on BSE but sees Groww as a better play on India’s equity market. ...Less

The representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raisin ...More

The representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2,000 to Rs 20,000, and reconsidering the mandatory periodic settlement of unused client funds that has been a long-standing ask, they said. ...Less

Indian equity markets closed lower on Tuesday, extending their monthly decline. Nifty50 reached a key sup ...More

Indian equity markets closed lower on Tuesday, extending their monthly decline. Nifty50 reached a key support level, indicating a potential technical bounce. Several companies, including Yes Bank and Vedanta, are expected to be in focus. Bharat Forge and BHEL announced significant collaborations and joint ventures. Other firms reported regulatory updates and investment plans for future growth. ...Less

Indian equities rebounded on September 16 after Tuesday’s sharp sell-off, with Sensex gaining 333 points ...More

Indian equities rebounded on September 16 after Tuesday’s sharp sell-off, with Sensex gaining 333 points and Nifty rising 99 points. Large caps led gains, while broader markets declined. Groww, Paytm and Pine Labs featured among the most active stocks. ...Less

India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take ...More

India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take it up with Sebi. This and more in today’s ETtech Top 5. ...Less

Jefferies expects Sebi’s proposed CAS changes to reduce expiry-day volatility and uncertainty but remains ...More

Jefferies expects Sebi’s proposed CAS changes to reduce expiry-day volatility and uncertainty but remains negative on BSE shares, citing limited options-industry growth, a ceiling in market-share gains, tighter bank guarantee norms and a potential management transition. The brokerage prefers Groww, citing strong earnings growth levers and recovery in F&O activity. ...Less

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5. ...More

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5. ...Less

Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yield ...More

Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed. Here are 10 key factors that could influence Friday’s market action. ...Less

The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around t ...More

The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around two-thirds of its revenue from unsecured credit and a third from secured products. It is now looking to build a wealth business, comprising mutual funds, bonds and deposits, as another revenue stream. ...Less

Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% me ...More

Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped at Rs 300 for transactions of Rs 75,000 or more. ...Less

Kissht plans to issue up to 26.49 million equity shares at Rs 314.11 apiece to 34 investors in the non-pr ...More

Kissht plans to issue up to 26.49 million equity shares at Rs 314.11 apiece to 34 investors in the non-promoter category, according to an exchange filing on Thursday. The transaction is subject to shareholder and other statutory and regulatory approvals, the company said. ...Less

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25 ...More

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks. ...Less

New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special ...More

New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and investment platforms, capped at Rs 300. Standard person-to-merchant UPI payments above Rs 2,000 will attract a 0.4% charge. Other sectors like railways and telecom will see a flat Rs 5 fee. These changes aim to support UPI infrastructure and keep consumer payments free. ...Less

Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This an ...More

Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This and more in today’s ETtech Morning Dispatch. ...Less

Five midcap stocks witnessed the highest net buying by mutual funds in August, according to Motilal Oswal ...More

Five midcap stocks witnessed the highest net buying by mutual funds in August, according to Motilal Oswal Financial Services. Cochin Shipyard led the list, followed by Patanjali Foods, ICICI Prudential AMC, Billionbrains Garage Ventures and One97 Communications. ...Less

Defence sector funds have delivered strong returns in 2026, averaging nineteen percent year-to-date. HDFC ...More

Defence sector funds have delivered strong returns in 2026, averaging nineteen percent year-to-date. HDFC Defence Fund led this category with a notable twenty-four point five one percent gain. Experts cite increased defence spending and government policies supporting domestic manufacturing. Investors should review their existing allocation and avoid chasing recent sharp rallies. A five percent allocation cap is suggested for most investors in this sector. ...Less

With a stock price target price of Rs 1,250, the brokerage forecasts an upside of 17%. The lender will tr ...More

With a stock price target price of Rs 1,250, the brokerage forecasts an upside of 17%. The lender will transition from a small-finance bank to a Universal bank that can lower funding cost, lift fees and strengthen brand to aid growth. Over FY26-29, strong deposit growth will aid credit growth of 22% CAGR and 29% in PPP (ex-treasury), highest in its coverage. ...Less

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leavi ...More

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leaving larger firms in a state of flux. Experienced traders are gravitating toward these nimble, innovative platforms that emphasize robust trading capabilities rather than just competitive pricing. In contrast, giants such as Groww, Zerodha, and Angel One are seeing a notable decline in user growth. ...Less

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transac ...More

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising uncertainty over charges for higher-value transactions. The decline came a day after Paytm hit a fresh 52-week high of Rs 1,840, with the stock having nearly doubled from its March low of Rs 930.6. ...Less

Indian markets reversed morning gains to plunge over 1% on Tuesday as surging oil prices, rising bond yie ...More

Indian markets reversed morning gains to plunge over 1% on Tuesday as surging oil prices, rising bond yields, global uncertainty and foreign outflows pressured sentiment. Nifty breached 23,231 support, while 2,824 NSE stocks declined, signalling strong bearish market breadth. ...Less

With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already pro ...More

With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already provide Indians access to global equities. Under the Reserve Bank of India's Liberalised Remittance Scheme (LRS), resident Indians can remit up to $250,000 annually for permitted overseas investments, including foreign-listed shares. ...Less

On Friday, Indian stock indices bounced back notably after a sluggish start, largely due to declining oil ...More

On Friday, Indian stock indices bounced back notably after a sluggish start, largely due to declining oil prices and bond yields. The shift in market sentiment was fueled by news of an upcoming summit between Gulf nations and Iran aimed at regulating shipping through the crucial Strait of Hormuz. This potential agreement has raised hopes of better supply management, but experts advise maintaining vigilance amidst the current market’s unpredictability. ...Less

State Street Investment Management has completed its $65 million investment in Groww Asset Management, ac ...More

State Street Investment Management has completed its $65 million investment in Groww Asset Management, acquiring a 23% stake after regulatory approvals. The partnership will focus on product development, distribution and global market access, including index funds and exchange-traded funds. Groww is also expanding into wealth management and overseas investment opportunities. ...Less

Groww AMC has completed State Street Investment Management’s strategic investment after receiving all nec ...More

Groww AMC has completed State Street Investment Management’s strategic investment after receiving all necessary regulatory approvals. State Street now holds a 4.85% voting interest and 23% economic interest in Groww AMC, with the partnership set to strengthen its capabilities across ETFs, indexing, systematic investing and global market access. ...Less

Small- and mid-cap mutual funds attracted strong investor interest in August, with small-cap inflows reac ...More

Small- and mid-cap mutual funds attracted strong investor interest in August, with small-cap inflows reaching a record Rs 7,973 crore. Large-cap funds, meanwhile, recorded outflows for the second consecutive month amid weaker performance. ...Less

Asset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which ...More

Asset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 1.58 crore shares to 21 investors at Rs 139 each. Goldman Sachs, BofA Securities, mutual funds, insurers and foreign investors participated in the anchor allocation. ...Less

Slice led the week with $100 million, followed by Ultrahuman at $70 million, Yuma Energy at $35 million a ...More

Slice led the week with $100 million, followed by Ultrahuman at $70 million, Yuma Energy at $35 million and Groww MF at $20.7 million. Info Edge Ventures, Equentis Wealth Advisory Services and Blume Ventures were among the active investors this week. ...Less

Sebi plans to review the methodology for setting derivative settlement prices on expiry after market part ...More

Sebi plans to review the methodology for setting derivative settlement prices on expiry after market participants raised concerns over the new Closing Auction Session (CAS). The regulator will issue a consultation paper next week. ...Less

Nifty faces continued bearish pressure after a fourth weekly decline, with 23,750-23,700 as crucial suppo ...More

Nifty faces continued bearish pressure after a fourth weekly decline, with 23,750-23,700 as crucial support and 24,150-24,200 resistance. Analysts expect volatility to stay subdued, while Bank Nifty remains range-bound. BSE, Groww and Angel One also await decisive breakouts for direction. ...Less

Capital market stocks saw gains Friday after regulator Sebi's circular on the Closing Auction Session mec ...More

Capital market stocks saw gains Friday after regulator Sebi's circular on the Closing Auction Session mechanism. Trader pushback against CAS-linked settlement pricing prompted Sebi to respond to market concerns. Erratic settlement prints since August 3 caused option premiums to swing significantly. Market participants anticipate Sebi's paper will reduce reliance on the single CAS print. This move is expected to restore trader confidence and remove trading volume overhang. ...Less

Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as la ...More

Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as large in revenue and profits. As retail trading cooled, Groww is adding products and going upmarket to monetise its larger user base, while Zerodha is protecting its mature profit pool and diversifying beyond broking. ...Less

To amass a retirement corpus of Rs 1 crore by the age of fifty, meticulous financial planning is essentia ...More

To amass a retirement corpus of Rs 1 crore by the age of fifty, meticulous financial planning is essential. For those starting their investment journey at thirty, a monthly SIP of Rs 10,875 is crucial. If you begin at thirty-five, the amount needed increases to Rs 21,020 per month, and forty-year-olds will require a hefty Rs 46,640 monthly. ...Less

BSE Ltd. is taking steps to engage traders in order to enhance day-end trading volumes after encountering ...More

BSE Ltd. is taking steps to engage traders in order to enhance day-end trading volumes after encountering liquidity challenges. The implementation of a new closing auction system has led to pronounced price fluctuations and diminished options turnover. According to the CEO, market participants are not experiencing the intended benefits. Since the system's rollout in August, BSE's stock has dropped sharply, prompting consideration of minor adjustments to improve efficiency. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

The government has notified Semicon 2.0 to boost India’s semiconductor ecosystem. This and more in today' ...More

The government has notified Semicon 2.0 to boost India’s semiconductor ecosystem. This and more in today's ETtech Top 5. ...Less