Sensex Flat, Nifty Holds Above 25,200; India VIX Slips 2%
The Indian stock market opened on a steady note on July 16, with the Sensex trading flat and the Nifty maintaining levels above 25,200. Investors appeared cautious, as broader market…
Labubu’s Viral Success Fuels Pop Mart’s 350% Profit Forecast, But Stock Falls 6%
Pop Mart, the Chinese toy giant behind the viral Labubu plush dolls, has delivered a bold forecast, predicting over 350% jump in profits for the first half of the year.…
PSU Bank Stocks Rally as Centre Considers Fresh Reforms, Consolidation Plans
Public sector bank stocks witnessed a strong rally on July 16, even as broader markets remained subdued. The Nifty PSU Bank index surged over 1.5%, led by gains in Punjab…
Tata Steel, SAIL, and Other Metal Shares Slip as Strong US Dollar Weighs on Nifty Metal Index
Shares of top metal companies like Tata Steel and SAIL slipped on July 16, with the Nifty Metal index turning out to be the worst-performing sector of the day. The…
Blackstone Targets India’s Infrastructure and Energy Sectors, Begins Hiring Senior Talent
Blackstone, the world’s largest alternative investment manager, is turning its focus to India’s booming infrastructure and energy sectors. With a goal to tap into the country’s rapid development and green…
AI Finds a Role in India’s Family Offices, But Gut Feeling Still Rules
Artificial Intelligence (AI) is slowly finding its way into India’s elite family offices, transforming the way research and investment insights are gathered. But despite this technological push, human intuition and…
Jio BlackRock Mutual Fund Receives SEBI Approval to Launch 4 Passive Funds
Jio BlackRock Mutual Fund has received the go-ahead from SEBI to launch four new passive funds, marking another step forward in its aggressive entry into India’s mutual fund market. The…
Coffee Day Shares Hit 10% Upper Circuit Again, 20 Microns Surges 8% as Dolly Khanna Invests
On July 16, Coffee Day Enterprises shares hit the 10% upper circuit for the second consecutive day, while 20 Microns surged over 8%, following a major trigger — veteran investor…
SBI May Launch ₹25,000-Crore QIP Today, LIC Likely to Invest ₹7,000 Crore as Anchor
In a major fundraising move, State Bank of India (SBI) is likely to launch its ₹25,000-crore Qualified Institutional Placement (QIP) today, according to a report by CNBC-Awaaz. This could become…
HDFC Bank to Consider First-Ever Bonus Shares, Special Dividend on July 19
HDFC Bank is all set to create history by considering its first-ever bonus issue of shares on July 19, as per an exchange filing released on July 16. This major…
