The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on...The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on September 1, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.According to the LIC DRHP filed with SEBI, LIC is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents, which comprised 55% of all individual agents in India as at March 31, 2021.LIC’s individual products comprise (i) participating insurance products and (ii) non-participating products, which include (a) savings insurance products; (b) term insurance products; (c) health insurance products; (d) annuity and pension products; and (e) unit linked insurance products. Group products comprise (i) group term insurance products, (ii) group savings insurance products; (iii) group savings pension products; and (iv) group annuity products. As at September 30, 2021, our Corporation’s group product portfolio in India comprised 10 group products.

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  • India's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt ...More

    India's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt its distribution and product mix for a digital market. The company is enhancing its product portfolio and improving technology for better customer experience. LIC also focuses on asset management to provide competitive returns amid economic volatility. The corporation is prepared to script a more glorious chapter in service to the nation. ...Less

  • New LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans des ...More

    New LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans designed to meet diverse needs. LIC's Bima Platinum focuses on providing savings alongside financial protection, featuring guaranteed additions. On the other hand, Jeevan Raksha offers essential risk coverage for families facing unexpected death. ...Less

  • Canara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National C ...More

    Canara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the plan for Dr Subhash Chandra's insolvency case. These lenders opposed the plan, which was approved by other private creditors. They are filing appeals before the National Company Law Appellate Tribunal. The lenders sought a forensic audit which was denied due to their voting share. ...Less

  • HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The ap ...More

    HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. Several lenders had opposed this repayment plan, which was approved by the majority. Government officials clarified Chandra was a guarantor, not the principal borrower. ...Less

  • Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to ...More

    Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent. Currently, LIC holds 4.11 percent of HDFC Bank's total share capital. The approval grants LIC flexibility to raise its investment in the lender. This development strengthens LIC's financial services sector exposure. ...Less

  • The government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation targ ...More

    The government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has raised ₹62,124 crore so far, led by a ₹31,515-crore LIC stake sale, while the strategic sale of IDBI Bank remains on the table. ...Less

  • Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing ...More

    Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing a reduction of Rs 1.13 lakh crore. The greatest impact was felt by Bharti Airtel and Reliance Industries, linked to concerns over global interest rates and geopolitical instability. Nonetheless, there was robust buying in IT stocks, which facilitated a recovery in the market on Friday. ...Less

  • The NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Cha ...More

    The NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Chandra’s repayment plan after three tribunal members delivered differing views. The plan involves ₹1,494 crore from principal borrowers and ₹6.25 crore from Chandra, who guaranteed ₹22,006 crore in Essel Group borrowings. Dissenting lenders oppose it. ...Less

  • Subhash Chandra plans a professional role with Swiss investment firms. He will use his remaining Rs 6.5 c ...More

    Subhash Chandra plans a professional role with Swiss investment firms. He will use his remaining Rs 6.5 crore for a repayment plan. Creditors will recover a fraction of their Rs 22,006.57 crore claims. The insolvency case stemmed from a personal guarantee for a loan default. Chandra expressed confidence in earning again and pursuing new ventures. ...Less

  • Zee Entertainment shares crash 14% amid Subhash Chandra’s 99.97% loan haircut row

    Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Sub ...More

    Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a recovery of around Rs 6.5 crore against admitted creditor claims of Rs 22,006.57 crore, implying a 99.97% haircut. ...Less

  • Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircut

    Subhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opp ...More

    Subhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan offering a deep haircut. The appellate tribunal NCLAT will hear the lenders' plea against a third member's order. This dispute arises from differing interpretations of insolvency code provisions. The case involves admitted claims exceeding twenty-two thousand crore rupees. ...Less

  • Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT order

    Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. T ...More

    Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the plan after a third member ruled in its favor. The appellate tribunal will now hear the lenders' challenge on Tuesday. ...Less

  • 'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's Rs 6.5 crore payout

    The NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding d ...More

    The NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drastic resolution indicates a staggering 99.97 percent loss for the lenders. Congress has denounced this move as a travesty of the Insolvency and Bankruptcy Code. Despite dissent from creditors such as LIC Housing Finance, the tribunal emphasized its obligation to respect the commercial decisions made by creditors. ...Less

  • D-Street braces for weak opening on negative GIFT Nifty cues

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    Nifty declined on Monday as crude prices and geopolitical worries impacted market sentiment. Foreign investors sold shares while domestic institutions bought them on the same day. The Indian rupee reached a four-week high against the US dollar. Investors will closely monitor upcoming economic data releases this week. Market analysts suggest a cautious approach due to ongoing global tensions. ...Less

  • NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment plan

    A new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case invol ...More

    A new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two thousand crore rupees. A previous division bench failed to reach a majority verdict on the plan. Dissenting lenders have approached the insolvency appellate tribunal regarding the matter. The bench will commence hearings on Tuesday morning. ...Less

  • Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against him

    Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrow ...More

    Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A third member of NCLT approved a plan for Chandra to pay Rs 6.5 crore. This decision allows for potential recovery from borrowing entities directly. ...Less

  • Rs 58,000 crore selloff by promoters, PE funds hits stock market. Why are they cashing out now?

    In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 ...More

    In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 crore, marking a notable selloff as the stock market endeavored to rebound from recent downturns. The numbers revealed that private equity exits skyrocketed five times compared to previous months, achieving peak levels not seen since 2026. This influx of shares from promoters further heightened market liquidity concerns amid ongoing primary market activity. ...Less

  • 99.97% haircut? How the scissors worked in the Subhash Chandra case

    NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ...More

    NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claims in insolvency case. The 99.97% haircut has sparked controversy, but the claims relate to his role as a personal guarantor, not personal borrowing. Creditors can retain recovery rights against the principal borrowing companies. ...Less

  • Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debt

    Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegatio ...More

    Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegations. He is now addressing outstanding dues and defending his personal insolvency plan. Borrowers linked to his Essel Group have agreed to settle their obligations. Chandra stated he acted as a guarantor for these borrowing entities. Lenders are challenging the low recovery from his personal estate. ...Less

  • Hindustan Copper OFS opens for retail investors. Should you apply in the metals major's offer?

    The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retai ...More

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  • D-Street poised for positive start as GIFT Nifty signals gains

    Indian equity markets experienced a decline on Thursday, influenced more by domestic challenges than glob ...More

    Indian equity markets experienced a decline on Thursday, influenced more by domestic challenges than global trends. The Nifty index faced notable resistance in the 24,300 to 24,400 range, suggesting possible weakness that may push it down towards 23,900. Foreign portfolio investors sold off shares, whereas domestic entities made strategic purchases. Furthermore, the Indian Rupee closed marginally lower compared to the US dollar. ...Less

  • Group entities to reconcile, settle dues with lenders: Essel Chairman

    Subhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstandi ...More

    Subhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlighted that his personal debt stands at zero, backed by ₹22,000 crore in personal guarantees. The repayment strategy involves Chandra committing ₹6.25 crore from his own resources, while other entities cover ₹1,494 crore. Although most amounts have been repaid, some lenders are challenging the NCLT-approved plan and are considering appeals. ...Less

  • How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 crore

    The NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for ...More

    The NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders find this payout unviable, while government sources call the haircut figure misleading. Chandra disputes the total claim amount against him, stating it is lower. Creditors retain rights against principal borrowing companies and their assets. The case is exceptional and not a template for other insolvency resolutions. ...Less

  • Positive Breakout: These 5 stocks cross above their 200 DMAs

    As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered t ...More

    As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. ...Less

  • Invesco India Smallcap Fund among 19 equity mutual funds that gave over 20% returns on lumpsum investments in 1 year

    Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, a ...More

    Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, according to an ETMutualFunds analysis. Small-cap funds dominated the list, with TRUSTMF Small Cap Fund topping the chart with a 33.73% return. Invesco India Smallcap Fund also featured among the top performers, delivering a 20.39% return during the period. ...Less

  • Stocks in news: HDFC Bank, Ola Electric Mobility, NBCC and Knowledge Realty Trust

    Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CE ...More

    Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CEO will not seek reappointment, while Mahindra & Mahindra expanded its EV battery service. Ola Electric received incentives, and Knowledge Realty Trust saw an offer for sale launch. NBCC signed an infrastructure project deal with NHPC, and KP Green Engineering secured new orders. ...Less

  • NBFC growth outlook remains resilient; margin pressures, asset quality key monitorables: Report

    Non-banking financial companies anticipate steady growth in the near future. Credit demand remains health ...More

    Non-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected to stay stable. Vehicle financiers saw accelerated asset under management growth this quarter. Gold financiers experienced moderated growth after new guidelines were implemented. Power financiers continue to show the weakest performance in the sector. ...Less

  • Mcap of four of top-10 most valued firms erodes Rs 87,960 cr; Airtel takes biggest hit

    The mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & To ...More

    The mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & Toubro climbed Rs 3,487.83 crore to Rs 5,62,460.94 crore. ...Less

  • NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on order

    The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This ...More

    The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writing off nearly all of Rs 22,000 crore in loans. The Rs 22,006 crore figure represents claims against Chandra as a personal guarantor. Corporate borrowers remain liable for their debts, and creditors retain recovery avenues. This case is an exceptional personal-guarantor resolution, not a corporate debt write-off. ...Less

  • NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating properties

    A special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. ...More

    A special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority view on the proposed repayment plan. Creditors are set to recover a small fraction of their admitted claims. The case reached the five-member bench after differing views from a two-member bench. An appeal by dissenting creditors is now before the NCLAT for urgent hearing. ...Less

  • HDFC Bank mulls NCLAT appeal over Subhash Chandra insolvency order

    HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repa ...More

    HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent haircut for lenders. HDFC Bank's claim of Rs 680 crore saw only 3.2 percent admitted. Lenders faced negligible recovery against over Rs 22,000 crore in admitted claims. The NCLT rejected objections, citing the debtor's estate value and potential future recovery. ...Less

  • Rs 22,006 crore claims, Rs 6.5 crore payout: NCLT clears Subhash Chandra plan

    The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 ...More

    The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore claims. This represents a nearly 99.97 per cent haircut for the financial institutions. The tribunal rejected objections from dissenting creditors regarding the meagre payout. The approved plan is now binding on all creditors as per the IBC. ...Less

  • Zee's Subhash Chandra claims he has Rs 6.5 crore left, lives on rental income amid NCLT's 99.97% loan haircut row

    Subhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the ...More

    Subhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the insolvency plan, while rental income from a partly leased residential property covers his expenses. His remarks come after the NCLT approved a Rs 6.25-crore repayment plan against admitted creditor claims. ...Less

  • Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency plan

    Dissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% o ...More

    Dissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve his personal insolvency plan. The plan proposes paying ₹6.5 crore against admitted creditor claims of about ₹22,006.57 crore, though Chandra disputes that claim amount. ...Less

  • D-Street set for a negative opening as GIFT Nifty signals weak start

    On Friday, Indian benchmark indices wrapped up the trading day positively, approaching their highs. Brent ...More

    On Friday, Indian benchmark indices wrapped up the trading day positively, approaching their highs. Brent crude oil prices remained steady above $85 per barrel, contributing to a careful market sentiment. Analysts indicate that if Friday's high is surpassed, Nifty may target 24,350. Simultaneously, India VIX decreased by 3.5% to 10.68, reflecting a dip in market fear. ...Less

  • Hindustan Copper shares fall 3%, multibagger stock drops 6% in 3 days as OFS concludes. What lies ahead?

    Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was ...More

    Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was oversubscribed. The company also faces Rs 14.43-lakh fines each from BSE and NSE over board composition compliance. Despite short-term pressure, the stock has delivered strong long-term returns. ...Less

  • Bank unions announce strikes on September 11 over unresolved issues

    The United Forum of Bank Unions (UFBU), representing over 90% of India’s banking workforce, has announced ...More

    The United Forum of Bank Unions (UFBU), representing over 90% of India’s banking workforce, has announced strikes on September 11 and September 28-30, followed by an indefinite strike from October 26 if its demands are not resolved. ...Less

  • Delhi SIR draft voter list out: If your name is missing, here's everything you need to know to get it added before the final electoral roll is published on November 4

    Delhi SIR draft voter list name inclusion: Delhi’s draft SIR electoral roll has left out around 47.7 lakh ...More

    Delhi SIR draft voter list name inclusion: Delhi’s draft SIR electoral roll has left out around 47.7 lakh voters whose enumeration forms were not received or digitised during the verification exercise. Those missing from the draft can still seek inclusion by filing Form 6 with the required declaration and supporting documents between August 31 and September 30, before the final roll is published on November 4. ...Less

  • Dividend alert! Last day to buy LIC Housing Fin, Hitachi Energy and 36 other stocks for dividend payouts. How many do you own?

    Under Sebi's T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day ...More

    Under Sebi's T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 21), making them eligible for the dividend. ...Less

  • LIC, Indian Overseas Bank among 10 stocks with maximum GoI holding in Q1: See full list

    Government ownership remains high across several listed companies, with the Centre holding over 87% stake ...More

    Government ownership remains high across several listed companies, with the Centre holding over 87% stake in each of the top 10 stocks as of June 30, 2026. The companies span sectors including financial services, fertilisers, engineering, trading and tourism, with their market capitalisations varying widely. ...Less

  • Planning to invest for 3 years? Check these 6 equity mutual funds with over 25% gains

    Six equity mutual funds delivered over 25% returns in three years. Here are the top performers, along wit ...More

    Six equity mutual funds delivered over 25% returns in three years. Here are the top performers, along with their AUM, expense ratios and ratings, according to MF Screener. ...Less

  • Bankers question role of RP in the Subhash Chandra case and how net worth was computed

    Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash ...More

    Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 cr when he issued the guarantees to Rs 32 cr in 2025, the crowding out of lenders by related party entities in the committee of creditors (CoC), and the role of resolution professional (RP) Shiv Nandan Sharma in admitting questionable entities as creditors highlights the difficulties in recovery in high-profile cases. ...Less

  • Consistent performers: 49 equity mutual funds deliver over 15% CAGR in 3 and 5 years

    Around 49 equity mutual funds delivered over 15% CAGR in both the last three and five years, according to ...More

    Around 49 equity mutual funds delivered over 15% CAGR in both the last three and five years, according to an ETMutualFunds analysis. HSBC Midcap Fund topped the three-year return chart, while Motilal Oswal Midcap Fund led over five years. The analysis excluded sectoral and thematic funds and covered regular growth options. ...Less

  • Why FIIs could continue moving out of largecaps and into mid and smallcaps: Motilal's Rajat Rajgarhia

    If you look at India over a long period, the country has done well. However, the past two or three years ...More

    If you look at India over a long period, the country has done well. However, the past two or three years have presented several challenges, including tariff-related and war-related issues. ...Less

  • Nifty mega caps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his Flexicap fund beyond largecaps

    Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fre ...More

    Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and small-cap stocks. He explains why Samco Flexicap Fund has allocated 70–75% of its portfolio beyond large caps, while highlighting opportunities in defence, power, AI ancillaries and gold, and warning about IPO-led liquidity pressures. ...Less

  • D-St set for a cautious opening as GIFT Nifty signals muted start

    The Nifty index continued its decline for a sixth consecutive session this week. Elevated crude oil price ...More

    The Nifty index continued its decline for a sixth consecutive session this week. Elevated crude oil prices and global tensions are impacting market sentiment negatively. Analysts anticipate continued pressure on Indian equities in the immediate future. Foreign and domestic institutional investors showed net buying activity on Tuesday. The Indian rupee closed slightly weaker due to oil prices and bond yields. ...Less

  • Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit

    Last week witnessed a drastic shift in the market, with five leading Indian firms losing a collective Rs ...More

    Last week witnessed a drastic shift in the market, with five leading Indian firms losing a collective Rs 1 lakh crore in valuation. Tata Consultancy Services faced the brunt, seeing its market cap plummet the most. In contrast, five other companies thrived, experiencing notable valuation gains. Despite this volatility, Reliance Industries sustained its position as the most valuable domestic entity amidst the overarching bearish trend in equities. ...Less

  • D-Street braces for weak opening on negative GIFT Nifty cues

    Domestic equities opened the week lower, with the Nifty closing down at 24,287 points. Analysts anticipat ...More

    Domestic equities opened the week lower, with the Nifty closing down at 24,287 points. Analysts anticipate range-bound trading as focus shifts to global macro and geopolitical developments. The Strait of Hormuz and crude oil prices are key near-term drivers, raising price risks. Investors will also monitor US Federal Reserve meeting minutes for interest rate outlook. Foreign portfolio investors net sold shares, while domestic institutions were net buyers. ...Less

  • Can Turtlemint Fintech shares rally to Rs 190? Why Jefferies initiated coverage on the stock

    Jefferies has initiated coverage on Turtlemint Fintech Solutions with a Buy rating and a target price of ...More

    Jefferies has initiated coverage on Turtlemint Fintech Solutions with a Buy rating and a target price of Rs 190, implying 37% upside. The brokerage expects revenue to grow at a 38% CAGR over three years, driven by higher premiums and take-rates. ...Less

  • Bonus, stock splits & dividends: Bandhan Bank, MGL, Mazagon Dock among nearly 100 stocks turning ex-record date this week

    In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it c ...More

    In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments, bonus issues, and stock splits, reflecting significant adjustments across the market. ...Less

  • LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LIC

    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 gains 3% after Q1 earnings. Here's what Morgan Stanley and Motilal Oswal recommend

    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

  • Reliance Industries, ITC among 10 stocks that saw highest buying by LIC in Q1. See full list

    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

  • LIC sees no further government stake sale for 18-24 months, says MD; Q1 profit rises 23%

    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 shares fall after India’s largest OFS closes with oversubscription on both days

    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

  • LIC Q1 Results: Profit rises 23% YoY to Rs 13,492 crore, NPI up 7%

    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

  • Independence Day 2026: The companies India built for business backbone enter a new chapter

    2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing ...More

    2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The government is increasingly selling stakes in state-owned companies to raise capital. This shift reflects a changing role from direct ownership to strategic shareholding. Public sector enterprises remain vital in key strategic and infrastructure sectors. The future focuses on optimizing ownership rather than complete divestment. ...Less

  • LIC's second act smarter price tag

    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

  • It's a secret: LIC’s unusually fast $3.3 billion deal kept bankers in dark

    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

  • Mcap of four of top-10 most valued firms jumps Rs 1.43 lakh cr; State Bank biggest winner

    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

  • JioBlackRock Flexi Cap Fund adds Bandhan Bank, 14 other stocks; exits Vedanta, 17 more in July

    JioBlackRock Flexi Cap Fund added 15 stocks and exited 18 in July, with Bandhan Bank and Punjab National ...More

    JioBlackRock Flexi Cap Fund added 15 stocks and exited 18 in July, with Bandhan Bank and Punjab National Bank among its key additions. The fund also increased exposure to 29 stocks while reducing its stake in 29 others. Its portfolio stood at 133 stocks, with an AUM of Rs 3,270 crore. ...Less

  • LIC OFS gets strong response from retail investors, subscribed 1.82 times the base size

    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

  • How LIC minted Rs 21,000 crore in mark-to-market gains by betting against AI panic in 3 top IT stocks

    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

  • Stocks in news: LIC, Trent, AWL Agri Business, SBI, Titan

    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

  • LIC Q1 profit surges 23% on growth in value of new business

    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

  • Govt mobilises Rs 31,552 crore via LIC offer for sale

    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

  • Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarter

    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

  • Ahead of Market: 10 things that will decide stock market action on Wednesday

    Indian equities declined as rising crude prices and a weaker rupee weighed on sentiment. Sensex fell 388 ...More

    Indian equities declined as rising crude prices and a weaker rupee weighed on sentiment. Sensex fell 388 points and Nifty 112 points, while analysts flagged 24,400 as key support amid geopolitical risks and upcoming inflation data. ...Less

  • LIC's OFS discount looks tempting, but triggers don't

    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

  • From property prices and weddings to tax-saving investments: 7 money mindset almost every Punjabi family follows

    A social media post shared by the tax help desk account highlighted seven humorous money habits associate ...More

    A social media post shared by the tax help desk account highlighted seven humorous money habits associated with Punjabi families. The observations covered salary-day spending, property discussions, trusted tax-saving investments, tax questions around major purchases, careful wedding spending, food as a measure of hospitality and tax conversations during family trips. The post offered a light-hearted look at how money, celebration and financial planning often intersect. ...Less

  • LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to know

    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: Non-retail portion fully subscribed on Day 1. Here’s what investors should know

    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

  • LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?

    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

  • D-Street indicates cautious opening as GIFT Nifty signals muted start

    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

  • LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check details

    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

  • Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE target

    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

  • Stocks in news: PB Fintech, LIC, Trent, Ola Electric, and Cipla

    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

  • Stocks in news: BSE, PB Fintech, Nykaa, Airtel, and LIC

    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

  • Ahead of Market: 10 things that will decide D-Street action on Monday

    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

  • Institutional investors over-subscribe LIC OFS, govt opts for green-shoe option

    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

  • From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen Z

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

    Modern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosing investment products. This evolution shows 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

  • Government unveils offer for sale to dilute LIC stake

    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

  • India on track to exceed key fundraising goal on state-firm stake sales

    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

  • Gold, silver ETF inflows plunge in July. Is it time to book profits or stay invested?

    In July, there was a notable drop in inflows for gold and silver ETFs, despite high prices for precious m ...More

    In July, there was a notable drop in inflows for gold and silver ETFs, despite high prices for precious metals. Analysts attribute this downturn to profit-taking following a robust rally. Nevertheless, ongoing positive inflows suggest that investor interest in gold remains strong. It is recommended that investors reassess their portfolios and adjust new investments accordingly. ...Less

  • Stocks in news: Paytm, LIC, Airtel, BSE and ONGC

    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

  • Think Gen Z is financially careless? Their investing habits say otherwise

    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

  • Australia Crime News: 11 charged after teen allegedly tortured, bound to tree and left in plastic in Queensland

    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

  • NFO Insight: WhiteOak Capital Dividend Yield Fund opens for subscription. Can REITs and InvITs boost diversification and income?

    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 growth. ...Less

  • Ahead of Market: 10 things that will decide stock market action on Friday

    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

  • D-Street braces for weak opening on negative GIFT Nifty cues

    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

  • Ahead of Market: 10 things that will decide stock market action on Thursday

    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

  • LIC rejects claim saying past typhoid, jaundice were not disclosed: Court says the illnesses have no link to sudden heart attack that killed the policyholder; orders insurer to pay over Rs 10 lakh

    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

  • HDFC Securities initiates coverage on Sona BLW with 'Add'; sees upside on EV-led growth

    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

  • Ahead of Market: 10 things that will decide stock market action on Wednesday

    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

  • Listing cloud still hangs over Tata sons with NBFC-UL tag

    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

  • Tips Music announces Rs 44 crore buyback at 12% premium. Check details

    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

  • Alpha Alternatives buys 4 road assets worth Rs 7,500 crore

    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

  • Mcap of nine of top-10 most valued firms jumps Rs 2.51 lakh cr; Bajaj Finance biggest winner

    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

  • D-Street poised for positive start as GIFT Nifty signals gains

    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

  • Nifty can rally to 28,615 by this December in Axis’ bull case scenario. Here’s why

    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

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