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Mumbai, Mar 11 (PTI) Benchmark indices Sensex and Nifty drifted lower in early trade on Wednesday after a day's breather amid the ongoing tensions in West Asia and sustained foreign fund outflows. Selling in blue-chip bank stocks also dragged the markets lower. The 30-share BSE Sensex dropped 96.12 points to 78,109.86 in early trade. The 50-share NSE Nifty declined 22.95 points to 24,238.65. From the 30-Sensex firms, Kotak Mahindra Bank, ICICI Bank, Axis Bank, HDFC Bank, Hindustan Unilever an ...Read More >
In a post on X, Mann said, "Salute to the bravery and supreme sacrifice of martyrs ASI Gurnam Singh and PHG Ashok Kumar, who laid down their lives in the line of duty. "The Punjab government will provide an ex-gratia of Rs 1 crore each to their families, while the HDFC Bank will provide an additional insurance amount of Rs 1 crore each." "We stand strongly with our martyrs and their families. Their sacrifice inspires us all to perform our duties with honour and courage," the chief minister adde ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
Chandigarh, Feb 23 (PTI) A day after two police personnel were found shot dead at a checkpost in Gurdaspur near the Indo-Pak border, a Pakistan-based gangster posted on social media a purported video showing an unidentified shooter firing at one of the cops at point-blank range. The same unverified video, posted by gangster Shahzad Bhatti, was also shared by an outfit calling itself Tehreek-e-Taliban Hindustan, which had claimed responsibility for the killings on Sunday. Punjab police remained ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent Monday, driven by strong buying in power, banking, and financial stocks. Snapping its three-day decline, the 30-share BSE Sensex jumped 650.39 points, or 0.79 per cent, to close at 83,277.15. The 50-share NSE Nifty advanced 211.65 points, or 0.83 per cent, to settle at 25,682.75. PowerGrid emerged as the top gainer in the Sensex pack, rising 4.45 per cent, followed by HDFC Bank, Axis Bank, NTPC, ITC, Asia ...Read More >
Mumbai, Feb 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks. Snapping its three-day decline, the 30-share BSE Sensex jumped 650.39 points, or 0.79 per cent, to close at 83,277.15. The 50-share NSE Nifty advanced 211.65 points, or 0.83 per cent, to settle at 25,682.75. PowerGrid emerged as the top gainer in the Sensex pack, rising 4.45 per cent, followed by HDFC Bank, Axis Bank, ...Read More >
Mumbai: Indian stock markets recovered strongly on Monday after two days of losses. A sharp rise in banking stocks helped lift investor mood in the second half of the session. The 30-share Sensex rose 650.39 points, or 0.79 percent, to close at 83,277.15. The broader Nifty gained 211.65 points, or 0.83 percent, ending at 25,682.75. The rally came mainly in the final hours of trading. Banking Stocks Lead the Rally Buying in banking and financial stocks pushed the market higher. Among the top ...Read More >
Mumbai, Feb 16 (SocialNews.XYZ) Indian benchmark indices staged a strong late rally on Monday, snapping the two-day losing streak, as buying in banking stocks lifted market sentiment. The 30-share Sensex ended 650.39 points, or 0.79 per cent, higher at 83,277.15. The broader Nifty rose 211.65 points, or 0.83 per cent, to close at 25,682.75. Commenting on Nifty technical outlook, experts said that the broader structure remains positive as long as the 25,500-25,400 support zone is defended. "On ...Read More >
(RTTNews) - Indian shares rose notably on Monday despite lackluster cues from global markets and continued declines in IT stocks on AI disruption fears. Investors shrugged off official data that showed India's wholesale prices increased more-than-expected in January to the highest level in ten months. The wholesale price index, or WPI, rose 1.81 percent year-over-year in January, faster than the 0.83 percent rise in December and a 1.25 percent gain expected by analysts. This was the fastest g ...Read More >
New Delhi: Canara Bank has joined the growing list of lenders adjusting interest rates after the Reserve Bank of India's recent policy move. Following the RBI's 25 basis point cut in the repo rate earlier this month, the public sector bank has revised both its lending rates and fixed deposit interest rates. The decision comes after major banks like State Bank of India (SBI) and HDFC Bank had already announced similar reductions. In its Monetary Policy Committee (MPC) meeting held in the first w ...Read More >
KSH International's Rs 710-crore IPO drew muted interest on day one, garnering 15% subscription and zero grey market premium, despite a strong anchor round and solid growth outlook. The Rs 710-crore KSH International IPO witnessed modest investor interest on the first day of bidding, with the issue garnering only 15% subscription. The IPO received bids for 19.87 lakh shares against the total issue size of 1.36 crore shares. In the grey market, the IPO is currently trading at a zero premium ove ...Read More >
OnePlus India Anniversary Sale: OnePlus 15, Nord CE 5, and Buds available at lowest prices with EMI and bank offers until Thursday. This week the OnePlus India Community Sale has started, giving the opportunity to buy smartphones and sound devices at a reduced price. The campaign is part of the earlier mentioned celebration of the company's 12th birthday and is valid through December 18. Among the sale items are the top models including the freshly unveiled OnePlus 15 and the other, more affor ...Read More >
New Delhi: Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams on Monday. The metal rose by Rs 6,000 over the previous four days, trading at record highs. "Gold prices witnessed profit booking and rema ...Read More >
Equity benchmark indices Sensex and Nifty ended marginally lower on Monday in tandem with a weak trend in global markets and persistent foreign fund outflows. Photograph: Hemanshi Kamnani/Reuters Also, uncertainty over an India-US trade deal weighed on investors' sentiment, analysts said. The 30-share BSE Sensex dipped 54.30 points, or 0.06 per cent, to at 85,213.36. During the day, the benchmark declined 427.34 points, or 0.50 per cent, to 84,840.32. The 50-share NSE Nifty edged lower by 1 ...Read More >
Mumbai, Dec 17 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday driven by value buying at lower levels and a positive trend in Asian markets. Steady buying activity by domestic institutional investors also brought comfort to the markets, according to experts. The 30-share BSE Sensex climbed 201.23 points to 84,881.09 in early trade. The 50-share NSE Nifty went up by 64.8 points to 25,924.90. From the Sensex firms, Eternal, State Bank of India, Bajaj Finance, Axis ...Read More >
Mumbai, Dec 17 (SocialNews.XYZ) Indian equity benchmark indices traded on a flat note in early deals on Wednesday, as mixed trends in banking stocks kept investors cautious. The Sensex opened 176 points higher at 84,856 but soon gave up its early gains and slipped into the red, touching a low of 84,649. At around 9:25 AM, the index was trading 134 points higher, or 0.2 per cent up, at 84,820. The Nifty was also marginally higher, trading at 25,913, up 53 points or 0.2 per cent. Commenting on ...Read More >
Mumbai: Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, was disclosed by IndusInd Bank in a regulatory filing on Tuesday.HDFC Bank clarified that it does not intend to invest directly in IndusInd Bank. "As mentioned in the stock exchange intimation, approval from RBI for increasing the investment in IndusInd Bank from 5 ...Read More >
Mumbai, Dec 16 (PTI) Amid the surge in gold prices, Wealth Company Mutual Fund on Tuesday announced the launch of its gold exchange-traded fund. It will be an open-ended scheme tracking the domestic gold price, and the New Fund Offer (NFO) is open for subscription from Tuesday to December 22, as per an official statement. Wealth Company Gold ETF will primarily invest in physical gold of 99.5 per cent purity or higher, conforming to the London Bullion Market Association (LBMA) Good Delivery sta ...Read More >
MUMBAI: The Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, has been disclosed by IndusInd Bank in a regulatory filing on Tuesday.According to sources the approval is primarily to facilitate portfolio investments by HDFC's group companies, primarily its mutual fund and insurance arms. Market participants view the holdin ...Read More >
New Delhi, Dec 16 (PTI) HDFC Bank has got the Reserve Bank's nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. "We would like to inform you that the Reserve Bank of India (RBI) vide its letter dated December 15, 2025, has accorded its approval to HDFC Bank (applicant) to acquire 'aggregate holding' of up to 9.50 per cent of the paid-up share capital or voting rights in IndusInd Bank," IndusInd Bank said in a regulatory filing. The RBI approval has been ...Read More >
Synopsis: India's largest private bank is in focus today after RBI approved its group entities to together hold a maximum 9.5% stake in IndusInd Bank. This move is due to a regulatory requirement; let us see what more about this approval and what it stands for. This company, which is an Indian banking and financial services company headquartered in Mumbai. And India's largest private sector bank by assets and one of the world's largest bank by market capitalisation is in focus after RBI approve ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty ended marginally lower on Monday in tandem with a weak trend in global markets and persistent foreign fund outflows. Also, uncertainty over an India-US trade deal weighed on investors' sentiment, analysts said. The 30-share BSE Sensex dipped 54.30 points, or 0.06 per cent, to at 85,213.36. During the day, the benchmark declined 427.34 points, or 0.50 per cent, to 84,840.32. The 50-share NSE Nifty edged lower by 19.65 points, or 0.08 per cent, to ...Read More >
Mumbai (Maharashtra) [India], December 16 (ANI): HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing. The bank stated that RBI granted permission to HDFC Bank, which is the promoter and sponsor of several group entities, to acquire an "aggregate holding" of up to 9.50 per cent of the paid-up share capital or voting rights in IndusInd Bank ...Read More >
Mumbai (Maharashtra) [India], December 16 (ANI): HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing. The bank stated that RBI granted permission to HDFC Bank, which is the promoter and sponsor of several group entities, to acquire an "aggregate holding" of up to 9.50 per cent of the paid-up share capital or voting rights in IndusInd Bank ...Read More >
New Delhi, Dec 5 (SocialNews.XYZ) The Reserve Bank of India's decision to cut the repo rate is a move that uses the monetary space created by low inflation to stimulate consumption and strengthen the growth cycle, bankers said on Friday. Sakshi Gupta, principal economist at HDFC Bank, said the cut was in line with expectations as GDP growth had inched up above 8 per cent in Q2 FY26, the risk from external headwinds on exports continuing to linger on. She said that the sustainability of festive‑ ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
MUMBAI, Dec 1 (Reuters) - India's current account deficit moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday. The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago. In the preceding quarter, the current account had recorded a deficit of $2.4 bi ...Read More >
New Delhi, Nov 20 (PTI) State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization potential of National Highway assets. A Public Infrastructure Investment Trust (InvIT) is an investment vehicle that enables retail investors to directly invest in and earn income from a pool of operational infrastructure projects. Units of public InvITs are listed and traded on stock exchanges such as the National St ...Read More >
Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025. Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tue ...Read More >
Mumbai: Benchmark indices Sensex and Nifty rebounded in early trade on Monday, mirroring a sharp rally in global markets, as softer-than-expected US inflation report has reignited hopes of Fed rate cuts. Prospects of a US-China trade deal and fresh foreign fund inflows also added to the markets' optimism. The 30-share BSE Sensex climbed 272.7 points to 84,484.58 in early trade. The 50-share NSE Nifty went up by 88.55 points to 25,883.70. From the Sensex firms, Tata Steel, Bharti Airtel, Relianc ...Read More >
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