Sumitomo Mitsui to Exit Kotak, Bet on Yes Bank
In a significant development for India’s banking and financial sector, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is reportedly planning to sell its entire 1.65% stake in Kotak Mahindra Bank through…
Nifty IT Index Jumps 2%, Snaps Five-Day Losing Streak; Infosys, Wipro Lead Gains
Indian equity markets witnessed strong action in the technology pack on September 9, 2025, as the Nifty IT index surged over 2%, ending a five-day losing streak. At 10:50 am,…
Prosus: IPOs Are Milestones, Not Exits
Consumer internet investor Prosus has made it clear that initial public offerings (IPOs) are not an exit strategy. Instead, they are milestones in the growth journey of portfolio companies. Ashutosh…
GST Exemption on Life Insurance Premiums: A Game-Changer for Policyholders
In a major reform, the GST Council has decided to exempt renewal premiums of life and health insurance policies from Goods and Services Tax (GST) starting September 22, 2025. This…
FII DII Data as Leading Signals for Market Movements
Foreign and domestic institutional investors are the largest participants in the Indian financial markets. Their trades involve huge volumes of money, and even a single day of strong buying or…
Piyush Goyal Urges Exporters to Back Domestic Products
Commerce Minister Piyush Goyal has called on Indian exporters to strengthen local supply chains and focus on domestic products to reduce dependence on global markets, especially at a time when…
Concor Shares Surge 2% on Nifty Midcap 150 Inclusion: What’s Driving the Growth?
Container Corporation of India (Concor) witnessed a positive uptick in its stock price, rising by 2% in the morning trade. The stock, a component of the Nifty Midcap 150 index,…
Ashok Leyland Surges on Nifty Midcap 150: A Detailed Analysis
Ashok Leyland, a prominent Indian automobile manufacturer, witnessed a notable surge in its share price during morning trade. The stock emerged as one of the top gainers on the Nifty…
Auto & Steel Stocks Surge: Tata Motors, Tata Steel, JSW Steel Lead Nifty 50 Gains
The Indian stock market witnessed a notable surge in specific sectors today, with auto and steel stocks leading the charge. Tata Motors, Tata Steel, and JSW Steel emerged as top…
Gold or Stocks? Which is the Better Diwali Bet in 2025?
As the festive season approaches, investors are once again debating the age-old question: Should one invest in gold or equities this Diwali? Both asset classes have their merits, but the…