Q1FY26 IT sector saw mixed performance: Tech Mahindra, Persistent Systems, Coforge, and Bharti Airtel reported strong growth. Mid-tier firms showed AI-led resilience amid margin pressure and cautious client spending. Source link
Sebi clears LIC’s reclassification as public shareholder in IDBI Bank amid divestment plan
IDBI Bank said that capital markets regulator Sebi has approved the reclassification of Life Insurance Corporation (LIC) as a “public shareholder” in the lender once the government’s strategic disinvestment process is completed. In an exchange filing, the bank stated that Sebi approval is subject to multiple conditions, including LIC capping its voting rights at 10%, […]
Hospital sector positioned for double-digit growth; Apollo Hospitals, Max Healthcare top picks
India’s hospital sector continues to deliver robust growth, supported by sustained demand, capacity expansion, and operational efficiencies. Over the past five years, the sector has clocked a healthy revenue CAGR of 16.5% and EBITDA CAGR of 26%, reflecting resilience and improving fundamentals. In 1QFY26, revenue rose 16% YoY, driven by higher patient volumes and realizations […]
Mind Over Money| Gratitude and Gita lessons anchor my leadership journey: Ankit Agarwal, InsuranceDekho
In today’s fast-paced startup world, where founders are often caught in the chase for growth, Ankit Agarwal, Founder & CEO of InsuranceDekho, finds his anchor in mindfulness. From early morning gratitude rituals to timeless lessons from the Bhagavad Gita, Agarwal shares how these practices shape his clarity, resilience, and leadership style, helping him scale with […]
Ahead of Market: 10 things that will decide stock market action on Monday
The Indian market ended lower 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. The BSE Sensex fell 693.86 points, or 0.85%, to close at […]
Fund Manager Talk | Srinivas Rao Ravuri backs beaten-down QSR stocks for a surprise comeback
Srinivas Rao Ravuri, CIO of Bajaj Allianz Life Insurance, sees opportunity in an unlikely corner of the market—quick service restaurant (QSR) stocks. After several quarters of weak growth and sharp underperformance, he believes the segment is poised for a turnaround over the next 12–18 months, offering strong long-term potential. Edited excerpts from a chat: How […]
D-St Week Ahead: Nifty to remain indecisive; time to avoid fresh aggressive buying
The markets traded in a slightly buoyant yet range-bound manner over the past week and ended on a positive note. The Nifty oscillated within a narrow band of 300.80 points through the week, moving between a high of 25,153.65 and a low of 24,852.85 before closing at 24,870.10. India VIX continued to cool off, slipping […]
Mcap of 8 of top-10 most valued firms jumps Rs 1.72 lakh cr; Reliance biggest winner
The combined market valuation of eight of the top-10 most valued firms jumped Rs 1,72,148.89 crore last week, with Reliance Industries leading the pack with the maximum gain, in line with a bullish trend in domestic equities. Last week, the BSE benchmark jumped 709.19 points or 0.87 per cent. From the top-10 pack, Reliance Industries, […]
Market Trading Guide: Sell Axis Bank on Monday. Buy Lupin, 3 more stocks for up to 10% potential gains – Performance tracker
Indian headline indices ended lower on Friday, snapping their six-session gaining streak. Banks, FMCG, and IT stocks were the major laggards. After a steady run-up, Nifty paused and slipped below 25,000, suggesting a brief consolidation before the next leg of the rally.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said […]
From Mauritius to GIFT City: Alchemy’s journey in building India’s financial hub
India’s ambition to create a world-class financial hub is taking shape in GIFT City (Gujarat International Finance Tec-City), and Alchemy Capital Management has been at the forefront of this transformation. Speaking on the sidelines of the GIFT City Fund Conclave 2025, organised by PMSBazaar, Hiren Ved, Co-Founder, Director & CIO of Alchemy Capital Management and […]