The Indian equity indices opened in the green on Monday despite rising Mideast tensions, and there was no panic seen during the early trade. At 9:21 am, Sensex was up 265.05 points or 0.33 per cent at 81,396.52 and Nifty was up 93.40 points or 0.38 per cent at 24,812. Buying was seen in the … Read more
India’s household savings continued their downward trajectory for the third straight year, slipping to 18.1 per cent of GDP in financial year 2024 (FY24), as per CareEdge Ratings. The report added that Gross domestic savings declined to 30.7 per cent of GDP in FY24 from 32.2 per cent in FY15.On the other hand, household financial … Read more
As geopolitical tensions in West Asia escalate, the Indian stock market is set to experience some swings on the D Street today, June 16. Iran’s recent ballistic missile attacks on Israel over the weekend have intensified investor anxiety. At 8:12 AM, the GIFT Nifty indicated a mildly positive start, trading at 24,807-up 57.50 points or … Read more
NEW DELHI: The fresh conflict in West Asia can have a spillover effect on India just when inflation was moderating and businesses were learning to cope with the unpredictability of Trump’s tariffs. While the direct impact of Israel’s attack on Iran will be limited, given that India has very little trade left with the Islamic … Read more
Jerusalem: Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel’s Haifa port and a nearby oil refinery in response to Tel Avi’s attack on Iranian nuclear and other targets earlier this week. Sharpnels fell … Read more
MUMBAI: India’s largest lender, State Bank of India , has cut returns for depositors again. Effective June 15, the bank reduced interest rates on retail term deposits of up to Rs 3 crore by 25 basis points across tenures. Simultaneously, it brought down the savings account rate to 2.5 per cent, its lowest ever. These … Read more
Stock Market Today: The benchmark Nifty-50 index, during the week ended 13 June 2025, ended slightly over 1% lower at 24,718. The Bank Nifty, too, shed 1.8% to end at 55,527.35, while realty, FMCG, metals, and auto also saw profit booking, though IT and pharma were among some gainers. In the broader markets, mid- and … Read more
Most mutual fund investors believe investing in a well-diversified portfolio— a mix of funds from various managers and categories—is enough to pass the fitness test. However, recent years have shown the emergence of a key element of diversification that could drive performance: style diversification. Taming market pendulumAsset managers have a distinct style ethos, worlds apart … Read more
CHENNAI/MUMBAI: India Cements ‘ new promoter, UltraTech Cement , will need to sell about 7 per cent of its stake, worth over Rs 667 crore, to meet the minimum public shareholding rules set by the capital market regulator. UltraTech currently owns about 82 per cent of India Cements, and the rules mandate that listed companies … Read more
Indian equities fell sharply on Friday, reacting to weak global cues and surge in crude oil prices after Israel launched military strikes on Iran. Analysts expect the market to remain subdued on the back of weak global cues, while industry-specific news flows would continue to drive sectoral movements. STATE OF THE MARKETS Stocks in F&O … Read more