Indian Market News

Shares of Kotak Mahindra Bank witnessed a sharp rally on Monday, rising over 4% to ₹2,174, their highest level since October 27, 2021. This milestone marks a 41-month high for the private sector lender and comes on the heels of key leadership appoi

The Indian rupee posted a modest gain on Friday, capping off a week of notable appreciation. Sustained dollar inflows and strategic repositioning by traders contributed to the domestic currency’s strength, even as regional peers in Asia faced downw

On Thursday, the Securities and Exchange Board of India (SEBI) announced that, effective immediately, reports concerning certain exemptions in share acquisitions under the 'Takeover Regulations' can now be filed both via email and through its newly l

On March 21, shares of prominent domestic defence manufacturers surged after the Defence Acquisition Council (DAC) sanctioned eight capital procurement projects worth over ₹54,000 crore. This bullish sentiment propelled the Nifty India Defence inde

Private sector lender IndusInd Bank has announced that its board has resolved to engage an independent professional firm to thoroughly examine irregularities detected within its derivatives portfolio. In a regulatory filing, the bank stated, “At

Indian benchmark indices, the Sensex and Nifty 50, extended their winning streak for a fifth straight session on Friday, March 21, buoyed by strong gains in financial stocks. The Sensex surged by 600 points (0.80%), while the Nifty 50 also climbed

Manappuram Finance witnessed a notable surge in its stock price, climbing nearly 3% on March 21 after disclosing a significant investment deal with Bain Capital. The shares were trading at ₹224.31 apiece during morning hours, reflecting investor co

India’s domestic equity markets are poised to attract inflows ranging from $1.4 billion to $1.6 billion following the market close on March 21. This comes as 14 companies are being inducted into the FTSE All-World Index during its latest rebalancin

The UTI Income Plus Arbitrage Active Fund of Fund is an open-ended mutual fund scheme that aims to generate long-term capital appreciation by investing in units of debt-oriented and arbitrage mutual fund schemes. The scheme is launched by UTI Mutual

India’s market regulator is expected to deliberate and potentially approve a proposal to raise the disclosure threshold for foreign portfolio investors (FPIs) from the current ₹25,000 crore to ₹50,000 crore, according to a source familiar with

The market regulator has suggested revising the guidelines governing Employee Stock Option Plans (ESOPs) to ensure that company founders can still benefit from their ESOPs, even if they are classified as promoters when the company prepares to go publ

The Securities and Exchange Board of India (SEBI) has proposed amendments to ease the norms governing the Offer for Sale (OFS) mechanism. The OFS process allows promoters to sell their holdings in a company through a public issue, facilitating better