Rising Insurance Stakes An increase in insurance shareholding indicates that insurance companies have raised their stakes in a company during the current quarter compared to the previous one. In the NSE midcap segment, we highlighted the top 9 stocks that saw a rise in insurance shareholding from the March ’25 quarter to the June ’25 […]
Penny stocks scam: Sebi raids Pune finfluencer Avadhut Sathe with 9 lakh YouTube subscribers
The Securities and Exchange Board of India (Sebi) has raided the Karjat-based trading academy of Avadhut Sathe, a Pune finfluencer with more than nine lakh YouTube subscribers, as part of a widening crackdown on unregistered market educators, according to reports. ETNow, citing sources, said Sebi officials conducted a search-and-seizure operation on August 20 at Sathe’s […]
Vodafone Idea shares zoom 9% on reports of AGR relief package from Govt
Vodafone Idea (Vi) shares witnessed a significant uptick of 9.3% during Thursday’s trading session, with the stock touching an intraday high of Rs 7.17 on the BSE after reports that the Prime Minister’s Office (PMO) is expected to deliberate on a comprehensive relief package for the debt-laden telecom major on the issues related to the […]
Edelweiss Mutual Fund ropes in WestBridge with Rs 450 crore deal for 15% stake
Edelweiss Mutual Fund has secured a strategic partner in WestBridge Capital, which is investing Rs 450 crore for a 15% stake in its asset management arm, valuing the entity at about Rs 3,000 crore, in a deal that aims to accelerate the fund house’s next phase of growth. The parent of the asset management arm, […]
European shares edge lower ahead of Powell’s speech
European shares edged lower on Friday as cautious traders awaited Federal Reserve Chair Jerome Powell’s speech for clues on the policy outlook. The pan-European STOXX 600 index was down 0.1% as of 0702 GMT, but still set for a third consecutive weekly gain. Most regional bourses were mixed, with Germany’s blue-chip DAX falling 0.2%. The […]
Why is the stock market down today? Sensex drops over 500 pts, Nifty slips below 25,000 — 5 factors behind the slide
Indian benchmark indices Sensex and Nifty slipped on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. At 11:20 a.m., the BSE Sensex fell 517.84 points, […]
Who is Avadhut Sathe, the Bollywood-style trading guru now under Sebi lens?
Pune-based finfluencer Avadhut Sathe, who has reportedly come under the Securities and Exchange Board of India’s scanner after a search at his Karjat academy this week, is known as much for his trading lessons as for the unique way he delivers them, breaking into dance mid-lecture, pointing at charts on giant screens, and urging students […]
Powell Walks a Tightrope – Powell’s Jackson Hole Test: Balancing inflation, jobs & market jitters
With liquidity low in late August, markets may be more vulnerable to sudden swings. Stagflation fears—sluggish growth with sticky inflation—could add to the volatility, while even a balanced message from Powell risks being seen as hawkish. (Disclaimer: This slideshow has been sourced from Reuters) Source link
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Wipro shares in focus after $375 mn acquisition of HARMAN’s digital transformation solutions business
The shares of IT major Wipro will be in focus on Friday, August 22, after the company announced a $375 million agreement to acquire the Digital Transformation Solutions (DTS) business unit of Harman Connected Services and its subsidiaries, along with certain other assets, from Harman International Industries, a Samsung company. The acquisition, which will be […]