Shares of IT companies may surge when markets reopen on Wednesday, as their American Depositary Receipts (ADRs) rallied overnight amid overall optimism on Wall Street, driven by easing concerns about AI disruption and hopes surrounding fresh Iran-US peace talks. Infosys ADR jumped more than 5%, while Wipro ADR gained more than 3%. The tech-heavy Nasdaq […]
Ceasefire not good for stock market? BNP Paribas cuts Nifty target for 2026, but picks 9 stocks
India’s equity outlook has turned more cautious after the recent crude oil spike, with BNP Paribas trimming its optimism for 2026 and cutting its Nifty target, even as it highlights a fresh set of stock picks positioned to navigate the evolving macro landscape. In its latest India strategy report, the brokerage flagged that the surge […]
360 ONE Asset secures Rs 2,000 crore in commitments for its PIPE strategy
Wealth and asset management firm 360 ONE Asset said on Tuesday that it has secured commitments worth Rs 2,000 crore for its Private Investment in Public Equity (PIPE) strategy, which it claims to be a unique investment vehicle focused on such opportunities in India. “The response reflects investors’ interest in a strategy that is designed […]
DIIs bet big on these 9 stocks in Q4. Are you holding any? – Smart Money
Domestic Institutional Investors (DIIs) increasing their stakes often signals growing confidence in the market or specific companies. Such moves typically reflect expectations of strong future performance and stable economic conditions. Based on shareholding disclosures available so far for the March 2026 quarter, we have highlighted nine stocks in the Nifty 500 segment that recorded a […]
Poonawalla Fincorp raises Rs 2,500 cr via QIP to fuel growth, lending expansion
Poonawalla Fincorp on Tuesday said it has raised Rs 2,500 crore through a Qualified Institutions Placement (QIP) to support business growth, expand lending operations and diversify its asset portfolio. The QIP issue witnessed strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook, Poonawalla Fincorp said in […]
Market Trading Guide: Buy MCX, Adani Energy Solutions and 2 more stocks on Wednesday for short-term gains of up to 11% – Nifty outlook
Nifty ended with cuts on Monday, dragged by auto, IT and consumer stocks after negotiations between Iran and the US ended without any outcome. A long green candle was formed on the daily chart at the lows, which indicates the formation of a bullish counterattack pattern. Decoding the charts, Nagaraj Shetti, Senior Technical Research Analyst […]
GIFT Nifty jumps 200 pts amid renewed hopes for Iran-US peace talks. What to expect?
While Sensex and Nifty plunged on Monday, Dalal Street may see some relief rally on Wednesday when markets open, with GIFT Nifty surging nearly 200 points after reports claimed that US continues to engage with Iran to make a peace deal even as it blocked the latter’s ports after the collapse of ceasefire talks over […]
India the new ‘no-go’ zone for FIIs? 7 brutal truths behind $18 billion exodus
Since the outbreak of the Iran war in late February, foreign institutional investors (FIIs) have withdrawn a staggering $18 billion from Indian equities, causing the Nifty to tumble more than 9% from its 52-week high. What was once the world’s favorite emerging market growth story has rapidly transformed into a “no-go” zone as global capital […]
LIC to issue 1 bonus share for every share held
Life Insurance Corporation of India, the country’s biggest institutional investor and the second-largest state company by market value, would issue bonus shares in a 1:1 ratio in the first such shareholder reward since its public market debut four years ago. The issue, announced on Monday, would double LIC’s paid-up equity base. The bonus reward comes […]
Stock market holiday for Ambedkar Jayanti 2026: Are NSE, BSE and MCX open or closed on April 14? Check now
Domestic stock exchanges NSE and BSE will be shut for trading today due to Dr. Baba Saheb Ambedkar Jayanti holiday. The country’s largest non-agricultural commodity exchange, the Multi Commodity Exchange of India (MCX) will be closed in the morning session but will resume trading in the evening session between 5 pm and 11:30 pm. Meanwhile, […]