Indian Market News

Hindustan Unilever Ltd (HUL), India’s leading FMCG company, announced the acquisition of a 90.5% stake in the premium skincare brand Minimalist for ₹2,955 crore on January 22, 2025. The deal, comprising a primary infusion and secondary buyout, ma

On January 23, the benchmark indices, Nifty and Sensex, sustained their gains but remained below their intraday highs. A significant rally in IT and auto stocks contributed to the positive market sentiment. However, weakness in both private and publi

UTI Mutual Fund has launched a new open-ended equity scheme, opening for subscription from January 28, 2025, to February 10, 2025. The scheme aims to provide returns by replicating the performance of its benchmark, Nifty MidSmallcap400 Momentum Quali

CLSA, a global brokerage firm, has released its 2025 outlook for India's healthcare sector, projecting an 8-9% growth in the Indian pharmaceutical market, slightly ahead of the expected growth in the U.S. market. The brokerage has identified Apollo H

HDB Financial Services is currently under scrutiny for a potential violation of the Companies Act, 2008, as it moves forward with its planned $1.5 billion initial public offering (IPO). According to a Mint report, the Securities and Exchange Board of

Zomato Ltd shares continued their upward trajectory for the second consecutive day on January 23, recovering after a sharp 17% decline following the Q3 results announcement on January 20. As of 11:05 a.m. IST on January 23, Zomato's share price wa

To broaden accessibility and encourage participation from low-income groups in mutual funds, the Securities and Exchange Board of India (SEBI) released a consultation paper on Wednesday regarding the ‘sachetisation’ of mutual funds. In this pr

Bharat Petroleum Corporation Limited (BPCL) reported a 19.6% increase in its consolidated net profit for the third quarter (Q3) of the financial year 2024-25 (FY25), reaching ₹3,805.94 crore. This marks a notable rise from the ₹3,181.42 crore rec

Laurus Labs' share price experienced a 1% increase in early trading on January 23, even as its foreign subsidiary received an observation from the United States Food and Drug Administration (USFDA). At 9:25 AM, the pharmaceutical company’s share

Asian stock markets began Thursday's trading session on a mixed note, reflecting investor caution despite a positive rally on Wall Street. The S&P 500 gained 0.6% on Wednesday, nearing an all-time high, driven by optimism around increased spendin

The cement manufacturer reported a significant year-on-year surge in net loss, expanding to ₹428 crore in Q3FY25 from a relatively modest ₹16 crore loss in the corresponding quarter last year. Additionally, an exceptional loss of ₹190 crore fur

The Nifty Midcap 100 and Nifty Smallcap 100 indices extended their losing streak on Wednesday, with both witnessing a decline of up to 2.5% during the session. This follows a broader market downturn, with both indices having already shed over 2% on J