Foreign portfolio investors were cautious on Indian debt in April, with returns weighed down by a combination of global and domestic headwinds. They invested a modest ₹1,976 crore through the fully accessible route (FAR) for eligible government securities during the month, following net sales of ₹17,688 crore in March. Economists said elevated real interest rates […]
AI agents becoming day traders, but gains prove elusive
Jake Nesler‘s AI trading bot got one big decision right in its first week. It ignored the chase. When Nvidia’s earnings sent the stock surging in late November, the agent-trained on Nesler’s own trading instincts-argued with itself over whether to follow the momentum. Fortunately, the bot decided against it, as chasing the high would have […]
Securities Markets Code, 2025: How it can build a future-ready regulatory framework
The Securities Markets Code, 2025 has been conceived to streamline the regulatory framework governing the securities markets. A pragmatic framework is essential in a market that is inherently highly regulated. The Code has been presented in Parliament and referred to a Parliamentary committee for its views. In an earlier piece, I had outlined provisions that […]
Madhusudan Kela’s portfolio: 5 stocks rally up to 135%; 4 new Q4 bets revealed – Uneven Gains
Investors closely monitor the portfolios of prominent players on Dalal Street. In line with this interest, ETMarkets examined the investment holdings of renowned investor Madhusudan Kela. As per the latest data for the March 2026 quarter, Kela publicly disclosed holdings in about 19 stocks, with a total estimated value of around Rs 2,290 crore as […]
Nifty stays range bound as volatility rises; breakout awaited
The markets traded in a relatively narrow range through the week, exhibiting a mildly consolidative bias with a slight upward tilt, and eventually closed on a positive note. The index oscillated within a defined band of 587.85 points, reflecting a lack of strong directional conviction. Volatility edged higher; the India VIX declined by 6.35% to […]
DMart Q4 Results: Avenue Supermarts cons PAT jumps 19% to Rs 656 crore, revenue too rises 19%
Avenue Supermarts, the operator of DMart, on Saturday reported a net profit of Rs 656.6 crore for the March quarter of FY26, marking a jump of 19% from Rs 550.90 crore posted in the corresponding quarter of the previous financial year. The net profit is attributable to the equity holders of the company. The company’s […]
FII outflows not driven by lack of AI and high taxes, says Shankar Sharma. Here’s why
At a time when market commentary is increasingly driven by quick takes and convenient explanations, veteran investor Shankar Sharma, who founded First Global, a notable financial services company, in 1994, and later ventured into GQuant Investech in 2015, offers a sharp pushback, rooted not in opinion, but in data. His central argument is straightforward: popular […]
CDSL Q4 Results: Cons PAT declines 20% to Rs 80 crore, Rs 12.75/share dividend declared
Central Depository Services Limited reported a mixed performance for the fourth quarter of financial year 2026, with profitability under pressure despite steady revenue growth. Net profit declined 20% year-on-year to Rs 80.22 crore, compared with Rs 100.31 crore in the same quarter last year. However, revenue rose 17.1% YoY to Rs 262.85 crore from Rs […]
Kotak Mahindra Bank Q4 Results: PAT jumps 13% to Rs 4,026.55 crore, NII rises 8%
Kotak Mahindra Bank on Saturday reported a net profit of Rs 4,026.55 crore for the March quarter of FY26, marking a jump of 13.3% from Rs 3,552 crore posted in the corresponding quarter of the previous financial year. Net interest income (NII) rose 8.1% year-on-year to Rs 7,876 crore, compared with Rs 7,284 crore in […]
Microcap stocks steal show in April, outpace, Nifty, smallcap, midcaps, largecaps. What’s driving the surge?
The first month of the new financial year delivered an outcome few anticipated—but one that investors certainly welcomed. Indian equities posted a strong performance in April 2026, with returns accelerating sharply as one moved down the market-cap curve. The Nifty 50 rose 5.8%, while the Nifty 100 advanced 7%. The real outperformance, however, came from […]