India’s equity gauges ended the week with losses of around 2% as optimism about a truce between the US and Iran faded with the Strait of Hormuz staying shut and both sides engaging in harsh rhetoric. The main indices fell 1% on Friday amid a selloff in IT companies. While declines offer opportunities, investors should […]
Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020
Hit hard by weak Q4 earnings and cautious management guidance, India’s technology index, Nifty IT, collapsed about 10% in a single week, erasing five weeks of gains and triggering a historic rout that analysts warn is far from over. For the tech index, which shed Rs 2.5 lakh crore in market capitalisation this week, it […]
Sebi plans risk-based calculation for brokers’ variable net worth
The Securities and Exchange Board of India (Sebi) on Friday proposed a revamp of the way stockbrokers calculate their variable net worth, seeking to align capital requirements with actual business risks and client scale. Currently, variable net worth is linked to 10% of the average daily client cash balance retained by brokers. However, with the […]
Sebi plans changes to rules on unpaid securities
Market regulator Securities and Exchange Board of India (Sebi), on Friday, proposed changes to rules governing how brokers handle clients’ unpaid securities, aiming to reduce operational friction. The proposals relate to the client’s unpaid securities pledgee account (CUSPA) framework, which governs the treatment of securities purchased by clients but not fully paid for. The regulator […]
Sumitomo Mitsui infuses Rs 1,075 cr into NBFC arm
Japanese conglomerate Sumitomo Mitsui Financial Group (SMFG) announced on Friday that it has infused ₹1,075 crore into its India-based non-banking finance arm, SMFG India Credit (SMICC), through a rights issue. The Japanese parent had infused ₹3,000 crore in SMICC via a rights issue in December 2024. SMICC’s assets under management (AUM) stood at ₹64,100 crore […]
JPMorgan downgrades Indian stock market to neutral from overweight. 5 reasons why
JPMorgan downgraded India to Neutral, citing high valuations, earnings risks, dilution, limited tech exposure, and monsoon concerns, warning Nifty could fall sharply, with better opportunities seen in other emerging markets. Source link
Concurrent Gainers: 12 stocks that gained for 5 straight sessions
Despite a falling Sensex, twelve BSE 500 stocks delivered consistent gains across five sessions, led by Onesource Specialty Pharma and Welspun Corp, showing resilience amid broader market weakness and declines. Source link
FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger
The week ended with some serious selling from the Foreign institutional investors (FIIs) who offloaded domestic equities worth Rs 17,140 crore over the five sessions that ended Friday. The foreign outflows in April so far have swelled to Rs 43,967 crore, extending the 2026 exodus to a whopping Rs 1,75,089 crore. On Friday, FIIs sold […]
Mukul Agrawal’s winning bets: 4 stocks turn multibaggers in a year, fresh Q4 picks revealed
Investor Mukul Agrawal’s portfolio has delivered strong momentum, with four multibagger stocks in the past year and several double-digit gainers, while also adding five new names in Q4FY26 across sectors including manufacturing, pharma, and digital services. Source link
Axis Bank Q4 Results: PAT falls marginally YoY to Rs 7,071 crore; NII rises 5%
Axis Bank on Saturday reported a standalone net profit of Rs 7,071 crore in the March-ended quarter of FY26, versus Rs 7,118 crore in the year-ago period, implying a marginal drop of 0.64%. The private lender earned an interest income of Rs 32,724 crore in Q4FY26, which was up by 4.7% over Rs 31,243 crore […]