SBI’s ₹25,000 Cr QIP Sees 3X Oversubscription, LIC Leads Demand Surge
India’s largest public sector lender, State Bank of India (SBI), has made a powerful comeback to the equity markets with its ₹25,000 crore Qualified Institutional Placement (QIP). Launched on July…
Citi Turns Cautious on Indian Markets Amid Rising Valuations
In a major shift, Citigroup has downgraded Indian equities from ‘overweight’ to ‘neutral’, citing relatively high valuations and lack of exceptional earnings growth. This marks a significant turn from Citi’s…
Reliance Q1 Preview: Strong Profit Growth Expected as O2C, Jio, and Retail Lead the Way
Reliance Industries Ltd (RIL) is expected to post a strong set of earnings for the June quarter, supported by a sharp turnaround in its Oil-to-Chemicals (O2C) division, consistent subscriber additions…
Goldman Sachs Defies Market Trend with Thriving P-Note Business in India
While the broader market for India’s participatory notes (P-notes) continues to shrink, global investment giant Goldman Sachs is taking a different path—ramping up its P-note activity in the country. In…
Tech Mahindra Q1 Results: Profit Surges 34% on-Year to Rs 1,141 Cr, Driven by Cost Control
Tech Mahindra kicked off FY26 on a strong note, reporting a 34% year-on-year jump in net profit for the April–June quarter. The IT services major posted a consolidated profit of…
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…
