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FPIs emerge as biggest sellers among anchor investors in IPOs' 30-day window: Sebi study

Foreign portfolio investors led anchor investor selling in IPOs. Heavy anchor exits around the 30-day unlock window pressured stock prices. Smaller IPOs experienced higher anchor investor exits and selling intensity. Anchor investors continued selling beyond prescribed lock-in periods significantly.

The Economic Times 13 Aug 2026 10:26 pm

Bill Ackman adds Netflix, Visa & Mastercard in biggest portfolio shake-up in years

Investor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, Intercontinental Exchange, and S&P Global. Ackman also added Microsoft to his portfolio earlier this year.

The Economic Times 13 Aug 2026 10:00 pm

Ahead of Market: 10 things that will decide stock market action on Friday

Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels.

The Economic Times 13 Aug 2026 9:29 pm

West Bengal 7th Pay Commission launches website: Has panel made any recommendations on pay, allowances, pension so far?

West Bengal 7th Pay Commission has decided to set-up the website. It will provide details of the Commissions activities, official notifications and opportunities for stakeholders to submit their views and relevant data. It will also allow employees & other stakeholders to submit memoranda to panel.

Livemint 13 Aug 2026 9:17 pm

The NAV lag: Why your mutual fund platform and CAS values don't match

Your mutual fund value on a broker or wealth-management report may differ from the value shown in your CAS even when the number of units is the same. One possible reason is that the platforms may use NAV data from different dates to calculate the investment value.

Livemint 13 Aug 2026 9:13 pm

US stocks: Tapestry forecasts weak annual sales as Kate Spade struggles, shares tumble 15%

Tapestry has reported quarterly profits that surpass expectations despite a forecast of sluggish annual revenue growth. Kate Spade's sales fell by seven percent, in stark contrast to Coach, which saw a robust fourteen percent increase. Meanwhile, growth in North American revenue slowed to seven percent as consumer spending remained cautious. However, international sales in China and Europe showed impressive growth, although Tapestry's shares took a notable hit post-report.

The Economic Times 13 Aug 2026 9:13 pm

Niti Aayog identifies 12 sectors to drive Indias global manufacturing push

Niti Aayog and Crisil have identified 12 sectors where India can aim for global manufacturing leadership by 2047. The report warns India must shift from scaling output to building value addition, tech depth and supply-chain integration.

Livemint 13 Aug 2026 8:45 pm

Sebi seeks public comments on review of Accredited Investor framework

SEBI has proposed revamping Accredited Investor rules by adding securities-market assets as an eligibility criterion, simplifying accreditation and expanding deemed eligibility. The changes could increase eligible investors to nearly 4 lakh and ease access to alternative investment products.

The Economic Times 13 Aug 2026 8:29 pm

Bank of Baroda raises $700 million in first overseas bond issue since 2019

Bank of Baroda raised $700 million through three-year and five-year dollar bonds, marking its first overseas issue in over seven years. Strong investor demand helped tighten pricing, with proceeds aimed at leveraging RBIs special swap window.

The Economic Times 13 Aug 2026 8:19 pm

DCW plans to expand its Synthetic Iron Oxide Pigment capacity by 50%

Announces Rs 250 cr strategic investment programme

Business Standard 13 Aug 2026 8:04 pm

TVS Motor Company launches TVS King EV MAX in Sri Lanka

TVS Motor Company (TVSM) launched its connected passenger electric three wheeler, TVS King EV MAX in Sri Lanka.

Business Standard 13 Aug 2026 8:04 pm

Edible oil prices may stay firm until November, adding to inflation risks

Higher global prices and import costs are keeping Indias edible oil market under pressure, while the benefits of higher oilseed sowing are unlikely to be felt until the new crop arrives.

Livemint 13 Aug 2026 8:03 pm

Indian govt should disclose sugar stock after physical verification, says Naiknavare of NFCSF

Market worried about over-selling of domestic sugar quota, though wholesale prices have dropped a tad after Centre imposed stock holding limit

The Hindu Businessline 13 Aug 2026 7:59 pm

Time Technoplast wins order of Rs 2.48 cr

For NTPC's Hydrogen-Powered Locomotive Pilot Project (Railway)

Business Standard 13 Aug 2026 7:50 pm

Smaller IPOs see sharper anchor investor exits after lock-in periods: Sebi

Sebi's study of 242 mainboard IPOs found an inverse relationship between issue size and anchor exit rates, with sub-Rs 250 crore issues recording the sharpest exits

Business Standard 13 Aug 2026 7:42 pm

US stocks: Birkenstock shares jump 15% as strong demand prompts revenue forecast hike

Birkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company's robust performance was largely driven by strong full-price demand for its premium sandals. Sales through the direct-to-consumer channel surged by fourteen percent, accounting for nearly thirty-nine percent of total revenue. The Asia-Pacific region led the way in growth, while EMEA and the Americas also enjoyed robust double-digit increases.

The Economic Times 13 Aug 2026 7:39 pm

Deposited over 50 lakh cash in bank account, no ITR filed: Here's why ITAT ruled in taxpayer's favour

A 54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.

Livemint 13 Aug 2026 7:35 pm

US stocks: Cerebras slumps 18% as mixed quarterly results test AI growth narrative

Cerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw a remarkable increase, hardware sales faced a downturn, sparking concerns regarding the competitive edge of its AI chip sector. Analysts pointed out difficulties in scaling operations effectively to satisfy demand. Similarly, Cisco Systems' stock also took a hit due to an outlook that did not meet expectations.

The Economic Times 13 Aug 2026 7:31 pm

10,000 monthly SIP vs 10 lakh FD: Which investment could create more wealth in 15 years?

The choice largely depends on an investor's financial goals, risk tolerance and investment horizon.

Livemint 13 Aug 2026 7:26 pm

Sebi proposes asset threshold for individuals, corporates to widen accredited investor pool

Sebi is set to broaden the criteria for accredited investors, allowing individuals boasting securities assets of Rs 5 crore to qualify for participation. Additionally, body corporates with assets totaling Rs 20 crore will also be considered eligible. This strategic move is designed to encourage greater engagement in alternative investment funds. Interested parties are invited to submit their public comments by September 3.

The Economic Times 13 Aug 2026 7:20 pm

Sharper divergence in benchmark index closing levels on Sensex expiry day

The divergence between the Sensex and Nifty stood at 0.31 percentage points on Thursday, while differences also emerged in closing prices of several index stocks.

Business Standard 13 Aug 2026 7:20 pm

US stocks: US market opens higher as investors weigh weaker oil, PPI data

Major Wall Street indexes opened higher on Thursday morning. Crude oil prices experienced a decline, boosting investor confidence. This development improved overall market risk appetite among traders. Investors also analyzed producer price inflation data which came in softer. The Dow Jones, S&P 500, and Nasdaq Composite all saw gains at the opening bell.

The Economic Times 13 Aug 2026 7:17 pm

Gem, jewellery export up a tad on rise in gold prices

Despite a challenging global environment, industry leaders express optimism

The Hindu Businessline 13 Aug 2026 7:14 pm

Sunshine Pictures sets 360 cap for 282 crore IPO, opens August 18

The subscription window closes on Thursday, August 20, with anchor investor bidding scheduled for Monday, August 17

The Hindu Businessline 13 Aug 2026 7:07 pm

Retail lending slows at banks in Q1 as corporate loans pick up pace

Banks attribute the strong growth momentum in corporate loans to a pick-up in demand from sectors such as renewables, power and data centres.

Livemint 13 Aug 2026 7:01 pm

India seeks more US LPG to cut West Asia reliance, aid trade deal

The state refiners plan to jointly issue a tender for US LPG after assessing potential suppliers and offers

The Hindu Businessline 13 Aug 2026 6:54 pm

Annapurna scheme in West Bengal: Who are eligible for 3000 monthly assistance? Check new criteria announced by CM

Annapurna scheme: West Bengal CM Suvendu Adhikari said women earning more than 10,000 a month or belonging to families with an annual income of above 12 lakh would not be eligible for the scheme.

Livemint 13 Aug 2026 6:53 pm

Brokers call: Jyothy Labs (Reduce)

JM Financial

The Hindu Businessline 13 Aug 2026 6:41 pm

Hormuz blockade, crude, and CPI keep D-Street on edge

The Nifty 50 closed at 24,395.85, down 40.10 points or 0.16%, while the Sensex rose 0.15% to 78,079, aided by weekly expiry-day volatility

The Hindu Businessline 13 Aug 2026 6:38 pm

Brokers call: Sansera Engg (Add)

Choice Broking

The Hindu Businessline 13 Aug 2026 6:35 pm

IndiQube Spaces Q1 loss narrows to Rs 24 cr

Realty firm IndiQube Spaces posted a net loss of Rs 23.88 crore for the quarter. Its total income rose to Rs 448.81 crore from Rs 324.12 crore in the prior year. Expenses increased to Rs 479.32 crore during the period under review. IndiQube operates 137 coworking centres across seventeen Indian cities. The company manages a total area of 10.61 million square feet.

The Economic Times 13 Aug 2026 5:57 pm

Indian bonds mirror gains in Treasuries as oil slips

Indian government bonds saw a modest rise on Thursday, reflecting trends in U.S. Treasury yields. Easing crude oil prices have lessened inflation fears, enhancing the bond market's optimism. Investors seem relieved about the likelihood of less aggressive interest rate increases from the Federal Reserve. With India's retail inflation landing below projected figures, there is increased bond activity.

The Economic Times 13 Aug 2026 5:52 pm

Earnings growth to play larger role in determining portfolio returns than valuation re-rating: Nilesh Shah

Earnings growth is likely to play a larger role in determining portfolio returns than valuation re-rating in the near term, as valuations of Indian equities remain neither cheap nor expensive, according to Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company.

The Economic Times 13 Aug 2026 5:51 pm

Freelancers, gig workers: How to build financial stability amid irregular income and AI risks

Freelancers and gig workers need to diversify their services, create multiple sources of income and manage their finances carefully if they want to build a sustainable career

Livemint 13 Aug 2026 5:44 pm

Honasa Consumer Q1 Results: Mamaearth parent posts record profit of Rs 90 crore; revenue up 27% YoY

Honasa Consumer, the parent of Mamaearth, reported a record Rs 90 crore consolidated PAT in Q1FY27, up 116.5% YoY. Revenue rose 27% to Rs 756 crore, while EBITDA surged 141% to Rs 110 crore. Strong growth across focus categories, brands and offline channels supported the companys performance.

The Economic Times 13 Aug 2026 5:25 pm

Down 48% from peak, but silver still beats gold, equity to post best 5-year returns. Time to buy?

Silver has delivered a 27% five-year CAGR, outperforming gold and equities despite a sharp 2026 correction. Higher rate fears and demand destruction pressured prices, but strong industrial demand, persistent supply deficits and tight inventories support silvers long-term outlook.

The Economic Times 13 Aug 2026 5:20 pm

Sebi mulls Rs 5 cr securities asset route for accredited investor status for individuals

Sebi has proposed an initiative to include securities-market assets as a criterion for accredited investor status. Individuals holding five crore rupees in these assets will be eligible, thereby expanding the investor base for alternative investment funds. The regulator anticipates that approximately 3.7 lakh individuals will meet the revised standards, with investment managers playing a key role in confirming accredited status during the onboarding process.

The Economic Times 13 Aug 2026 5:12 pm

Do active funds really outperform passive ones? The answer depends on category and costs

A data-driven analysis of active and passive equity funds shows that the outcome varies by market segment. While passive strategies have an edge in some categories, active management can add value in others. Costs and fund selection also play a crucial role.

Livemint 13 Aug 2026 4:27 pm

Muthoot Fincorp files draft papers for 3,000 crore IPO

The company plans to use the proceeds from the new issue to strengthen its Tier I capital base for future requirements

The Hindu Businessline 13 Aug 2026 4:24 pm

Rupee slips, muted price action sinks volatility expectations to five-month low

The rupee closed down 0.1% at 95.44 per dollar, with 1-month implied volatility dropping to 4.2%, its lowest since early March

The Hindu Businessline 13 Aug 2026 3:53 pm

As India grows, so does its appetite for credit. But who is being left out?

Borrowing has evolved into a strategic financial decision in India, driven by strong credit growth and the rise of digital lending. This shift is transforming lending practices, making credit more accessible across demographics and regions, though significant untapped potential remains.

Livemint 13 Aug 2026 3:28 pm

Milky Mist IPO subscribed 42.29 times so far on closing day, QIBs lead demand

The 1,553-crore IPO has a price band of 133-140 per share. The issue comprised a fresh issue of shares worth up to 1,428 crore and an offer-for-sale of up to 125 crore.

The Hindu Businessline 13 Aug 2026 3:23 pm

Auto sales see strong growth across segments in July, reports SIAM

Passenger vehicle dispatches stood at 3,40,772 units in July 2025, reflecting strong growth over the year.

Business Standard 13 Aug 2026 3:16 pm

India's trade deficit widens to $31.98 bn

India's exports increased by 19.63 per cent to USD 44.24 billion in July, even as the trade deficit widened to USD 31.98 billion. Imports rose by about 17.52 per cent to USD 76.22 billion in July. During April-July this fiscal, exports jumped 17.04 per cent to USD 173.78 billion, and imports climbed 19.27 per cent to USD 292.38 billion.

Business Standard 13 Aug 2026 3:16 pm

63 Moons Technologies drops as Q1 swings to Rs 39.68 crore loss

63 Moons Technologies fell 6.27% to Rs 811.70 after the company reported a loss in Q1 FY27 against a profit in the year-ago and previous quarter.

Business Standard 13 Aug 2026 3:16 pm

Chinese markets slip as investors seek stronger policy support

The Shanghai Composite fell 0.50% to close at 3,927, while the Shenzhen Component declined 0.87% to 14,289.4. Both indexes gave up the gains recorded in the previous session.

Business Standard 13 Aug 2026 3:16 pm

Solar Industries shares jump 8% to fresh lifetime high after Q1 net profit soars 93% YoY to Rs 653 crore

Solar Industries shares surged over 8% after the company reported a 93% YoY rise in Q1 FY27 net profit to Rs 652.55 crore and 70% revenue growth. Strong defence, domestic and international explosives businesses, a Rs 21,350 crore order book and Rs 14,000 crore FY27 revenue guidance boosted investor confidence in growth prospects.

The Economic Times 13 Aug 2026 3:15 pm

Mutual funds increase cash allocation by over Rs 7,800 crore in July to Rs 1.90 lakh crore

Mutual funds boosted cash holdings by over Rs 7,856 crore in July. PPFAS Mutual Fund held the largest cash reserve at Rs 25,291 crore. This fund house has three equity-oriented funds in its portfolio. Rajeev Thakkar noted cash levels have fallen from a peak of 25%. Other fund houses like SBI and HDFC also maintained significant cash reserves.

The Economic Times 13 Aug 2026 3:12 pm

LEAP India IPO listing in focus: Can it offer double-digit gains? Check GMP

LEAP India IPO GMP today is 13.5 apiece. This means shares of the company are trading at 172.5 in the unlisted market, suggesting a listing pop of nearly 8.5 per cent.

Business Standard 13 Aug 2026 3:10 pm

EPS-95 pension hike: Will 1,000 minimum pension increase to 7,500? Heres what the government said in Lok Sabha

The minimum EPS-95 pension remains 1,000 per month, with pensioners demanding an increase to 7,500. The governments latest Lok Sabha response on 10 August did not announce a hike and cited pension fund sustainability and future liabilities.

Livemint 13 Aug 2026 3:06 pm

Lincoln Pharma jumps after Q1 PAT climbs 31% YoY to Rs 36 cr

Lincoln Pharmaceuticals rallied 4.97% to Rs 620.45 after the company's consolidated net profit jumped 30.89% to Rs 36.23 crore on 15.06% increase in net sales to Rs 177.28 crore in Q1 FY27 over Q1 FY26.

Business Standard 13 Aug 2026 3:04 pm

Volumes soar at Sarda Energy & Minerals Ltd counter

Sarda Energy & Minerals Ltd recorded volume of 198.87 lakh shares by 14:14 IST on NSE, a 65.12 times surge over two-week average daily volume of 3.05 lakh shares

Business Standard 13 Aug 2026 3:04 pm

Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPO

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startups revenue continues to surge. The Claude makers rapid growth, strong demand for AI tools and lofty revenue projections are fuelling bullish expectations despite intensifying competition, regulatory pressure and other challenges.

The Economic Times 13 Aug 2026 3:03 pm

EFC to acquire Ultrafresh Modular Solutions (a TTK Prestige subsidiary)

Ultrafresh is a 51% subsidiary of TTK Prestige. It is an established player in India's modular home solutions segment, offering modular kitchens, wardrobes and other customized modular furniture. The brand follows an integrated approach encompassing design, manufacturing, supply and installation, with a focus on quality, functionality, customization and contemporary design. It also owns a manufacturing plant at Nalagarh, Himachal Pradesh.

Business Standard 13 Aug 2026 2:53 pm

Veranda Learning Solutions reports consolidated net profit of Rs 29.12 crore in the June 2026 quarter

Sales rise 41.52% to Rs 149.54 crore

Business Standard 13 Aug 2026 2:52 pm

Zodiac Energy consolidated net profit rises 160.97% in the June 2026 quarter

Sales rise 44.63% to Rs 141.81 crore

Business Standard 13 Aug 2026 2:52 pm

Juniper Hotels consolidated net profit rises 269.56% in the June 2026 quarter

Sales rise 13.04% to Rs 249.53 crore

Business Standard 13 Aug 2026 2:52 pm

Kernex Microsystems (India) consolidated net profit rises 1372.52% in the June 2026 quarter

Sales rise 800.38% to Rs 503.58 crore

Business Standard 13 Aug 2026 2:52 pm

Hind Aluminium Industries consolidated net profit declines 51.03% in the June 2026 quarter

Sales rise 405.66% to Rs 5.36 crore

Business Standard 13 Aug 2026 2:52 pm

Relic Technologies reports consolidated net loss of Rs 0.65 crore in the June 2026 quarter

Sales decline 72.66% to Rs 0.35 crore

Business Standard 13 Aug 2026 2:52 pm

Investment & Precision Castings consolidated net profit rises 129.95% in the June 2026 quarter

Sales rise 21.17% to Rs 53.34 crore

Business Standard 13 Aug 2026 2:52 pm

Ucal reports consolidated net profit of Rs 5.84 crore in the June 2026 quarter

Sales rise 4.44% to Rs 203.15 crore

Business Standard 13 Aug 2026 2:51 pm

Unitech reports consolidated net loss of Rs 570.57 crore in the June 2026 quarter

Sales rise 0.96% to Rs 106.01 crore

Business Standard 13 Aug 2026 2:51 pm

Informed Technologies India consolidated net profit rises 350.00% in the June 2026 quarter

Sales decline 16.67% to Rs 0.30 crore

Business Standard 13 Aug 2026 2:51 pm

Aditya Birla Real Estate reports consolidated net loss of Rs 38.55 crore in the June 2026 quarter

Sales rise 30.40% to Rs 188.05 crore

Business Standard 13 Aug 2026 2:51 pm

Sheetal Cool Products standalone net profit rises 30.90% in the June 2026 quarter

Sales rise 17.48% to Rs 132.64 crore

Business Standard 13 Aug 2026 2:51 pm

SAB Events & Governance Now Media reports standalone net loss of Rs 0.19 crore in the June 2026 quarter

Sales rise 9.76% to Rs 0.45 crore

Business Standard 13 Aug 2026 2:51 pm

ECS Biztech reports standalone net loss of Rs 0.14 crore in the June 2026 quarter

Reported sales nil

Business Standard 13 Aug 2026 2:51 pm

Sunil Agro Foods standalone net profit rises 233.33% in the June 2026 quarter

Sales decline 20.92% to Rs 40.02 crore

Business Standard 13 Aug 2026 2:50 pm

Sangal Papers standalone net profit rises 235.00% in the June 2026 quarter

Sales rise 17.53% to Rs 55.91 crore

Business Standard 13 Aug 2026 2:50 pm

Sharda Ispat standalone net profit rises 485.71% in the June 2026 quarter

Sales rise 155.75% to Rs 71.15 crore

Business Standard 13 Aug 2026 2:50 pm

Finkurve Financial Services standalone net profit rises 65.82% in the June 2026 quarter

Sales rise 88.31% to Rs 75.10 crore

Business Standard 13 Aug 2026 2:50 pm

Sakthi Sugars reports standalone net loss of Rs 1.83 crore in the June 2026 quarter

Sales rise 24.63% to Rs 376.91 crore

Business Standard 13 Aug 2026 2:50 pm

Computer Point reports standalone net loss of Rs 0.12 crore in the June 2026 quarter

Reported sales nil

Business Standard 13 Aug 2026 2:50 pm

Tata Group stock: Nelco zooms 108% from March low; hits 52-week high

Nelco share price hit a 52-week high of 1,044, surging 7% cent on the BSE in Thursday's intra-day deals, surpassing its previous high of 1,025.65 touched on August 3, 2026.

Business Standard 13 Aug 2026 2:44 pm

Broader tariff hike expected later this year despite Airtels stealth price increase, analysts say

Analysts expect a full-fledged industry price hike by December 2026 to drive long-term revenue, framing Airtels recent removal of budget packs as an early, targeted adjustment rather than a full market revision.

Livemint 13 Aug 2026 2:42 pm

India F&B out-of-home consumption volume drops 8.6% in FY26: Worldpanel by Numerator

Consumer spending increased slightly but purchasing quantities decreased.

Livemint 13 Aug 2026 2:35 pm

Technocraft Ventures IPO: GMP at 17%; analysts share listing-day strategy

Technocraft Ventures IPO GMP: Technocraft Ventures shares may deliver a decent listing gain, with the latest grey market premium hovering at 17 per cent.

Business Standard 13 Aug 2026 2:34 pm

Bitcoin near $63K, Ethereum below $1,900 as softer US inflation fails to ease crypto market pressure

Bitcoin and Ethereum remained under pressure despite softer US inflation data, with analysts pointing to key support and resistance levels as markets await US PPI data for the next directional cue. Altcoins showed mixed moves, while subdued ETF flows and cautious investor sentiment continued to weigh on the broader crypto market.

The Economic Times 13 Aug 2026 2:33 pm

Black Box Q1 net profit up 18% to Rs 56 crore

Black Box has announced a remarkable eighteen percent rise in profits for the June quarter, attributed to a solid order book and growth in its Brazilian sector. Revenue from operations surged to Rs 8,986 crore, a significant eighty-three percent increase, achieving a record quarterly revenue of Rs 1,719 crore. Plans are underway for Black Box to recruit three thousand new professionals predominantly in the US by the year 2030.

The Economic Times 13 Aug 2026 2:31 pm

Shriram Properties Q1 profit down 46% to Rs 11 cr

Shriram Properties faced a significant profit decrease of forty-six percent in the June quarter, largely affected by rising operational expenses and taxes. Nevertheless, the company recorded a slight increase in total income to Rs 271.04 crore and experienced a ten percent rise in sales bookings to Rs 484 crore. Their project pipeline remains strong, extending through various cities in India.

The Economic Times 13 Aug 2026 2:24 pm

MIDHANI jumps 11% on securing prestigious S400 approval from GE Aerospace

Mishra Dhatu Nigam said it secured Independent and International Metallic Material Laboratory (S400) approval for a wide range of chemical, mechanical and metallurgical testing from GE Aerospace.

Business Standard 13 Aug 2026 2:19 pm

Silver price drops 836 to 2.36 lakh/kg

Globally, silver trades 0.18% up at $65.44 per ounce in New York

The Hindu Businessline 13 Aug 2026 2:17 pm

Do NRIs have to pay tax on interest earned in NRE, FCNR and NRO accounts? Know the rules

An NRI having NRE, NRO and FCNR accounts may have to pay tax on interest income. Here's when it applies and when it is exempt from tax as per income tax rules. 

Livemint 13 Aug 2026 2:14 pm

Fintech startup Navi said to hire banks for $315 million IPO

Navi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorgan advising. The fintech firm seeks a valuation of up to $2 billion and plans to file by December. The offering is expected to comprise only a primary share sale.

The Economic Times 13 Aug 2026 2:13 pm

Gold price falls 437 to 1,54,445/10g

Globally, gold futures decline by 0.31% to $4,394.57 per ounce in New York

The Hindu Businessline 13 Aug 2026 2:12 pm

Which sectors attracted mutual fund interest in July? Check details

Mutual funds increased their exposure to technology, automobiles, e-commerce, healthcare, NBFC-lending and telecom sectors in July, while reducing weights in private banks, capital goods, utilities, oil & gas and other sectors.

The Economic Times 13 Aug 2026 2:11 pm

Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensions

European shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruptions capped gains. The STOXX 600 rose 0.2%, while the FTSE 100 slipped 0.3% despite stronger-than-expected UK economic growth.

The Economic Times 13 Aug 2026 2:10 pm