Stay updated with the latest kotak-mahindra-bank news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on kotak-mahindra-bank topics.
Mumbai: The Nifty 50 appears firmly on track to challenge its record high from last September after breaking out on Thursday from a one-and-a-half-month range-bound activity. Supported by bullish rollover signals from the June derivatives expiry, the index has turned former resistance into fresh support, even as foreign investors continue to pare equity holdings while domestic institutions keep pouring in funds. On Thursday, the bellwether index rose 1.2% to 25,549 on the expiry of the June ser ...Read More >
New Delhi: Sajjan Jindal-led JSW Paints' Rs 12,915-crore deal to acquire Dutch paint maker Akzo Nobel's India unit is among the biggest transactions in the country so far this year. JSW Paints on Friday announced that it will buy a 74.76 per cent stake in Dulux paint-maker Akzo Nobel India for Rs 8,986 crore, followed by an open offer to buy another 25 per cent from open market for up to Rs 3,929.06 crore, totalling tad over Rs 12,915 crore. It is slightly behind Japan's Sumitomo Mitsui Bankin ...Read More >
Mumbai, June 27, 2025 | 10:20 AM IST -- Shares of HDFC Bank Ltd traded at ₹2,007.00, down ₹14.80 (-0.73%) from the previous close of ₹2,021.80 during Thursday morning trade on the NSE. Despite a largely positive trend across the banking sector, HDFC Bank saw marginal profit booking after a steady run earlier in the week. The stock traded in a narrow band between ₹1,995 and ₹2,020 in the first hour of trading, with subdued volume action. Analysts attribute the dip to routine investor rotation in ...Read More >
Mumbai, Jun 27 (PTI) Benchmark indices Sensex and Nifty began the trading session on an optimistic note on Friday amid fresh foreign fund inflows and a rally in the US markets. Rallying for the fourth day running, the 30-share BSE Sensex climbed 229.22 points to 83,985.09 in early trade. The 50-share NSE Nifty went up 73.5 points to 25,622.50. From the 30-Sensex firms, Larsen & Toubro, Tata Steel, State Bank of India, Tata Motors, HCL Tech, and Bharat Electronics were among the major gainers. ...Read More >
New Delhi, Jun 26 (PTI) Singapore-based Cube Mobility Investments on Thursday divested a 3.62 per cent unitholding in Cube Highways Trust for Rs 615 crore through open market transactions. As per the bulk deal data on the BSE and NSE, Cube Mobility Investments Pte sold more than 2.81 crore units of Cube Highways Trust (Cube InvIT) on the BSE and it offloaded 2.01 crore units on the NSE, representing a combined 3.62 per cent unitholding in Cube InvIT . Also Read | What Are the New Metro Compens ...Read More >
New Delhi, Jun 26 (PTI) Singapore-based Cube Mobility Investments on Thursday divested a 3.62 per cent unitholding in Cube Highways Trust for Rs 615 crore through open market transactions. As per the bulk deal data on the BSE and NSE, Cube Mobility Investments Pte sold more than 2.81 crore units of Cube Highways Trust (Cube InvIT) on the BSE and it offloaded 2.01 crore units on the NSE, representing a combined 3.62 per cent unitholding in Cube InvIT . The units were sold at an average price of ...Read More >
SURAT: The investigation into a massive international cybercrime racket busted last month in Surat has revealed a staggering Rs 1,455 crore was laundered through 90 bank accounts that were opened by misusing documents of needy people over the last six months.The total amount siphoned off could rise to Rs 2,000 crore, as the police are yet to examine details of another 75 suspicious accounts.The racket was unearthed on May 22, when Udhna police detained a man carrying suspicious stamps and bank k ...Read More >
Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contract ...Read More >
Mumbai: Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to settle at 82,18 ...Read More >
Surat: The investigation into a massive international cybercrime racket busted last month in Surat has revealed a staggering Rs 1,455 crore was laundered through 90 bank accounts that were opened by misusing documents of needy people over the last six months.The total amount siphoned off could rise to Rs 2,000 crore, as the police are yet to examine details of another 75 suspicious accounts.The racket was unearthed on May 22, when Udhna police detained a man carrying suspicious stamps and bank k ...Read More >
New Delhi, Jun 6 (PTI) Silver prices soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram in the national capital on Friday amid buying rush by local jewellers and stockists. Gold prices were little changed on Friday as a stronger-than-expected jobs report countered support from lingering geopolitical uncertainty, while silver touched its highest since 2012. According to the All India Sarafa Association, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per ...Read More >
New Delhi, Jun 6 (PTI) Interest-rate-sensitive stocks were in huge demand on Friday, with the realty index climbing nearly 5 per cent as investors cheered the Reserve Bank's jumbo rate cut of 50 basis points. Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-m ...Read More >
New Delhi: The Nifty Bank index hit its all-time high on Friday, rising 1.47 per cent, after the Reserve Bank decided to cut cash reserve ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent. This means that the commercial banks would have to maintain a lower level of 3 per cent in liquid cash ...Read More >
New Delhi: Silver prices soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram in the national capital on Friday amid buying rush by local jewellers and stockists as global macroeconomic uncertainties continued to fuel safe-haven chase. According to the All India Sarafa Association, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per kilogram (inclusive of all taxes) in the local markets on Thursday. So far this year, the metal prices have jumped Rs 17,400 ...Read More >
New Delhi, Jun 6 (PTI) Silver prices soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram in the national capital on Friday amid buying rush by local jewellers and stockists. According to the All India Sarafa Association, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per kilogram (inclusive of all taxes) in the local markets on Thursday. So far this year, the metal prices have jumped Rs 17,400 per kg, or 19.4 per cent, since December 31 last year. As pe ...Read More >
Mumbai, June 6: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Friday, driven by a rally in rate-sensitive sectors following the Reserve Bank's jumbo rate cut of 50 basis points. Market analysts said in light of benign inflation forecasts, RBI has taken steps to boost growth. A 50 bps repo rate cut supported by phased 100 basis points CRR cut will boost growth and lower the borrowing costs. The policy is broadly positive for growth and investment in a challenging global macro en ...Read More >
New Delhi, Jun 6 (PTI) Silver prices soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram in the national capital on Friday amid buying rush by local jewellers and stockists as global macroeconomic uncertainties continued to fuel safe-haven chase. According to the All India Sarafa Association, the white metal bounced Rs 2,000 to hit a fresh peak of Rs 1,04,100 per kilogram (inclusive of all taxes) in the local markets on Thursday. Also Read | Haryana Man Rapes Multiple Minors ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to set ...Read More >
Chandigarh, June 06, 2025: Mining Major Vedanta Ltd. plans to deploy funds from the ₹5000 crore raised through its unsecured non-convertible debenture (NCD) issue to pay-down a high-cost private credit facility of ₹3,400 crore, potentially reducing its annual interest burden by at least ₹350 crore, according to a person familiar with the matter. The remaining funds will likely be used for ongoing Capex requirements, general corporate purposes, and repayment or prepayment of existing debts, the p ...Read More >
Mumbai, June 6: The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut -- from 6 per cent to 5.5 per cent -- and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent. The immediate effect of the decision was seen on the Indian stock market. At around 10.46 am, Sensex was trading 505.7 points or 0.62 per cent up at 81,947.74 while the Nifty added 168.40 point or 0.68 per cent at 24,919.30. Nifty Bank ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut -- from 6 per cent to 5.5 per cent -- and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent. The immediate effect of the decision was seen on the Indian stock market. At around 10.46 am, Sensex was trading 505.7 points or 0.62 per cent up at 81,947.74 while the Nifty added 168.40 point or 0.68 per cent at 24,919 ...Read More >
New Delhi: Mining Major Vedanta Ltd plans to utilise Rs 5,000 crore raised through its unsecured non-convertible debenture (NCD) to retire high-cost debt, that will save an estimated Rs 350 crore in interest outgo, sources said.It will also use a part of the proceeds to fund its growth capex, sources added. Mining conglomerate Vedanta Ltd had last week said the committee of directors has approved raising up to Rs 5,000 crore via issuance of debentures. The mining major plans to deploy funds fro ...Read More >
Mumbai: Consumers are exhibiting a preference for placing deposits in the one- to three-year category, with lenders also favouring this tenure. A breakup of the deposits by tenor for 4QFY25 showed that about 65% of the overall deposits contracted are in the one- to three-year bucket. Moreover, 80% of individual term deposits had ticket sizes between ₹1 lakh and ₹15 lakh. The fourth quarter of FY25 saw a 5-percentage-point jump in deposits in the 7-8% interest-rate bucket, with some signs of a sl ...Read More >
New Delhi [India], January 10 (ANI): Indian stock indices settled in the red for the third straight day on Friday, the last session of the current week, due to looming uncertainties around President Donald Trump-elect's likely actions post his inauguration. The Indian equity markets underperformed most global markets. The Sensex and Nifty index declined by 2 per cent this week, said Shrikant Chouhan, Head of Equity Research at Kotak Securities. Besides, consistent selling by foreign investors ...Read More >
New Delhi, Dec 12 (PTI) The Rs 8,000 crore initial share sale of supermarket chain Vishal Mega Mart got fully subscribed on the second day of bidding on Thursday, ending with 1.53 times subscription. The three-day initial public offer (IPO) got bids for 1,15,74,96,150 shares against 75,67,56,757 shares on offer, according to data available with the NSE. The portion for non-institutional investors attracted 3.80 times subscription while the share of Retail Individual Investors (RIIs) got subscr ...Read More >
Leading investment and trading platform Kotak Securities is cautious in its market outlook for 2025, balancing India's fundamentals with concerns over valuation and global uncertainties, but has not ruled out a level of 29,000 on the Nifty 50 index. While the country's growth trajectory remains robust, recent economic data and corporate results indicate a slowdown in some areas, prompting a more tempered outlook, said the note. Kotak Securities has highlighted the slowdown in rural demand durin ...Read More >
NEW DELHI: Vishal Mega Mart, ahead of Initial Public Offer (IPO), has secured Rs 2,400 crore from anchor investors, as revealed in an exchange update. The anchor round allocation included prominent investors such as SBI Mutual Fund, Government of Singapore, Nomura Funds Ireland Public Ltd, Axis MF, HDFC MF and ICICI Prudential MF, as per BSE's website. The anchor portion saw participation from 18 domestic mutual funds through 44 schemes, comprising 53.33 per cent of the total. The company allo ...Read More >
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in I ...Read More >
New Delhi: Supermarket chain Vishal Mega Mart has mobilised Rs 2,400 crore from anchor investors, an update with the exchange showed. Those who were allotted shares in the anchor round included SBI Mutual Fund, Government of Singapore, Nomura Funds Ireland Public Ltd, Axis Mutual Fund (MF), HDFC MF and ICICI Prudential MF, according to a circular uploaded on BSE's website. Overall, a total of 18 domestic mutual funds participated through 44 schemes, collectively accounting for 53.33 per cent o ...Read More >
Mumbai: The Indian stock market continued its flattish opening trajectory this week, as selling was seen in Nifty's financial service and private bank sector in early trade on Wednesday. At around 9:27 am, Sensex was trading at 81,515.06 after gaining 5.01 points or 0.01 per cent, while the Nifty was trading at 24,623.8 after rising 13.75 points or 0.06 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,634 stocks were trading in green, while 565 stocks were ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.