Many mutual funds have boosted their cash reserves within equity schemes, mirroring last month’s market downturn. As per data from PrimeMF, the total cash holdings reached ₹1.46 lakh crore by the end of February. However, experts anticipate a pot

IRCON International, a Navratna public sector enterprise under the Ministry of Railways, witnessed a 9% surge in its stock price during early trading on March 18, reaching ₹150.40 per share. This rally came after the company announced that it had s

On Tuesday, March 18, shares of all Adani Group companies witnessed a significant upward trend after the Bombay High Court dismissed allegations against Adani Enterprises' Chairman, Gautam Adani, and Managing Director, Rajesh Adani, in a ₹388 crore

Days after incurring significant losses in its derivatives segment, IndusInd Bank raised ₹11,000 crore through the sale of certificates of deposits (CDs), according to a report by The Economic Times on Tuesday. This fundraising initiative is not on

Shares of Bajaj Finserv declined by over a percent to ₹1,845 in morning trade on March 18, despite continuing their upward trend for the third consecutive session. The drop came after the company announced plans to acquire Allianz SE’s 26% stake

Amazon, the American e-commerce giant, is reportedly considering spinning off its Indian division and listing it on the Indian stock market, according to a report by YourStory. The company is currently in the early stages of discussions regarding thi

Emerging market equities are on track to extend their strongest monthly performance in half a year, driven by a resurgence in Chinese stocks fueled by increased fiscal measures. The MSCI Emerging Markets Index has climbed nearly 3% in March, marki

India's trade deficit declined to $14.05 billion in February, marking a significant drop from January’s $22.9 billion. This reduction surpassed economists' expectations, as a Reuters poll had projected the deficit to ease to $21.65 billion. Merc

Market participants have responded positively to the National Stock Exchange’s (NSE) recent directive prohibiting order confirmations through interactive voice response (IVR) systems. Sources informed Moneycontrol that the IVR-based confirmation

Shares of IndusInd Bank climbed 5% to ₹707 on the BSE during Monday’s intra-day trading after the Reserve Bank of India (RBI) reassured depositors about the private lender’s financial health. The reassurance came in the wake of an accounting er

Allchem Lifescience, a Gujarat-based manufacturer specializing in active pharmaceutical ingredient (API) intermediates and specialty chemicals, has filed draft documents with the Securities and Exchange Board of India (SEBI) seeking approval for an i

The Securities and Exchange Board of India (SEBI) is in the process of finalizing a standard operating procedure (SOP) for implementing settlement regulations, given the increasing number of settlement cases. Additionally, SEBI aims to ensure unif