Indian Market News

To enhance transparency in disclosures by Asset Management Companies (AMCs) and facilitate better investor decision-making, SEBI issued a directive on Friday requiring mutual funds to disclose the information ratio (IR) of a scheme alongside its perf

The market regulator has put forward a proposal to extend the cut-off timing for determining the applicable net asset value (NAV) for the redemption of units in mutual fund overnight schemes (MFOS) from the current 3 PM to 7 PM. This recommendatio

On Tuesday, Zomato's stock experienced a sharp decline of over 9% after the company reported weaker-than-expected financial results for the third quarter. The food delivery giant revealed on Monday that its consolidated net profit for the December qu

Shares of Ashapura Minechem surged 10% in early trading, reaching a 52-week high of ₹571.6, following the announcement that its overseas subsidiary had entered into a long-term Memorandum of Understanding (MoU) with China Railway, a Global Fortune

Shares of the Indian Renewable Energy Development Agency (IREDA) Ltd. are expected to be in the spotlight on Monday, January 20, following the company's announcement regarding the date of its upcoming board meeting, where it will finalize plans for f

Shares of the struggling telecom company Vodafone Idea Ltd. surged to the 10% upper circuit during early trading on January 20, following a report by Moneycontrol suggesting that the government might consider reducing a significant portion of adjuste

Kalyan Jewellers' stock experienced a significant jump of over 7% on Monday after asset management firm Motilal Oswal AMC addressed circulating social media rumors regarding its investments in the jewellery company. Shares of Kalyan Jewellers climbed

Hitachi Energy India Limited, a Bengaluru-based energy solutions provider, has announced its intention to raise funds amounting to ₹4,200 crore. The company’s Board of Directors approved the fundraising proposal during a meeting held on January 1

5paisa Capital Limited announced the appointment of Gaurav Seth as Chief Executive Officer, effective January 14, 2025. With a rich career spanning over two decades, Gaurav brings extensive experience building businesses at the intersection of financ

On January 17, Maruti Suzuki India unveiled its first electric vehicle, the eVITARA, which the company plans to export to more than 100 countries. Suzuki Motor Corporation, holding a 58% stake in Maruti Suzuki India, aims to establish India as a glob

Axis Bank Ltd., a private lender, experienced a rise in slippages and sluggish deposit growth in the October-December 2024 quarter, prompting several brokerages to revise their target prices downward for the bank’s stock. During the third quarte

Hong Kong-based brokerage firm CLSA has included Indus Towers Ltd., a telecom infrastructure provider, in its 'high conviction' list, signaling heightened optimism toward the stock. The firm has upgraded Indus Towers to a 'high conviction' outperform