The NFO is a newly launched open-ended Union Income Plus Arbitrage Active FOF - Dir (G) by Union Mutual Fund aimed at investors seeking medium- to long-term income with an emphasis on tax efficiency. This fund tactically allocates investments between

The Indian pharma sector had a standout day today. Big names like GSK Pharmaceuticals, Jubilant Pharmova, Eris Lifesciences, Gland Pharma, and Torrent Pharmaceuticals saw their shares jump, some by as much as 8. What’s behind the buzz? A potent mi

According to a fresh report from Moody’s Ratings, India is in a solid position to handle the latest round of U.S. tariffs and global trade tensions. The international credit agency pointed to three key strengths: strong demand at home, minimal depe

Belrise Industries' initial public offering (IPO) has shown strong progress through its three-day subscription period. The ₹2,150.00 crore IPO has witnessed solid demand, with subscription rates opening at 0.71 times on day one, rising to 3.06 time

In a dramatic market shake-up, foreign portfolio investors (FPIs) pulled out a whopping ₹10,016 crore from Indian stocks on Tuesday. That’s one of the most significant one-day exits we’ve seen. The impact? The Sensex crashed by 873 points, and

India’s mutual fund scene is still on fire. In April 2025, total assets under management (AUM) touched ₹43.74 lakh crore, just shy of an all-time high. What’s behind the rise? Strong investor confidence, steady inflows, and a growing love for S

Two new passive investment products, the Nippon India BSE Sensex Next 30 Index Fund and the Nippon India BSE Sensex Next 30 ETF, have been introduced by Nippon Life India Asset Management (NAM India), one of the top asset managers in the nation. Thes

India’s IPO scene is buzzing like never before. Over 150 companies are already prepped with their Draft Red Herring Prospectuses (DRHPs), which could double in five or six months. Why the surge? Strong investor confidence and a supportive regulator

Belrise Industries IPO received a strong anchor allocation response, with 30.00 of the total IPO size subscribed by anchor investors. Out of the 23,88,88,888 shares on offer, anchor investors were allocated 7,16,66,665 shares, demonstrating signific

ICICI Prudential Mutual Fund has launched a new fund offer (NFO) named ICICI Prudential Nifty200 Quality 30 Index Fund, an open-ended index fund designed to mirror the performance of the Nifty200 Quality 30 Index. This fund aims to invest in top-qual

Coal India Limited (CIL), the state-owned coal giant, is moving forward with plans to take two of its key subsidiaries, Bharat Coking Coal Limited (BCCL) and Central Mine Planning and Design Institute (CMPDI), public. The goal is to file both compani

As of 11:20 AM on May 21, 2025, silver prices in India have surged to ₹100.00 per gram, marking a ₹3.00 increase from the previous session. The rise is attributed to firm global cues and slight weakness in the rupee against the U.S. dollar.