Indian Market News

The Kotak Nifty SmallCap 250 Index Fund – Direct (G), launched by Kotak Mahindra Mutual Fund, is an open-ended index fund aimed at tracking the performance of the Nifty SmallCap 250 Index. The scheme seeks to provide returns that closely correspond

On December 31, 2024, the Securities and Exchange Board of India (SEBI) announced the introduction of the Mutual Funds Lite (MF Lite) framework, specifically designed for passively managed mutual fund schemes. The MF Lite framework covers mutual f

On January 6, benchmark indices Nifty 50 and Sensex started the session on a positive note, buoyed by gains in the Consumer Durables and IT sectors, though public-sector bank stocks lagged behind. As of 9:15 am IST, the Sensex climbed 94.07 points

Shares of Kotak Mahindra Bank declined by over 1% to ₹1,808 on January 6 following the resignation of a key senior executive. The bank’s Chief Operating Officer (COO) and Chief Technology Officer (CTO), Milind Nagnur, has stepped down, citing per

Indian Metals & Ferro Alloys (IMFA), a small-cap metal company, witnessed a significant surge of nearly 5% in early morning trade on Monday, January 6, after the December quarter (Q3) shareholding pattern revealed ace investor Dolly Khanna's stak

Shares of Suzlon Energy Ltd. are set to be in the spotlight during Monday's trading session following an Income Tax demand of ₹1.01 crore for the financial year 2016-17. The Ahmedabad Income Tax Department issued the demand, which relates to a pena

Stock exchange data has confirmed that a group of operators engaged in front-running trades involving the US-based investment firm Tiger Global’s shares in PB Fintech. The Securities and Exchange Board of India (SEBI), in its January 2 order, refer

Veteran emerging market investor Mark Mobius asserts that India's export-driven companies are well-positioned to benefit from a weakening Rupee and the incoming Trump administration's policies. He suggests that India, thanks to recent economic reform

The New Year rally in frontline equities faced a setback on Friday as key indices slid, weighed down by declines in banking and IT stocks. The Sensex dropped by 668.94 points (0.83%) to close at 79,274.77, while the Nifty fell by 188.4 points (0.8

The record date for the highly awaited ITC Hotels demerger is set for January 6, making today the final opportunity for investors to purchase ITC shares if they want to be eligible for ITC Hotels shares after the demerger. As part of this demerger ar

Vodafone Idea (Vi) is preparing to launch its 5G mobile broadband services this March, offering competitively priced plans aimed at rivaling Reliance Jio and Bharti Airtel, as reported by The Economic Times. Vi’s 5G plans are expected to be arou

CLSA, a prominent brokerage firm, has downgraded its rating for Wipro Ltd., a leading technology services provider, from "outperform" to "hold" just six months after issuing a "double upgrade" for the stock. The downgrade comes despite the brokerage