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Nifty holds ground ahead of RBI decision; Midcaps outshine
The Sensex closed at 74,360.01, up 13.84 points or 0.02%, while the Nifty 50 settled at 23,416.55, gaining just 10.95 points or 0.05%
Sensex, Nifty, Stock Price Highlights: After a negative opening, benchmarks ended flat. Sensex was up 13.84 pts or 0.02% to end at 74,360.01, Nifty 50 inched up 10.95 pts or 0.05% to 23,416.55.
The price-to-earnings (P/E) ratio is one of the most common metrics for valuing a stock. By incorporating earnings growth, the PEG ratio provides a more comprehensive view of whether a stock is fairly valued relative to its earnings growth.
Rupee closes marginally weaker ahead of crucial central bank rate review
The rupee closed at 95.7850 per US dollar, up from 95.7050 on Wednesday, fluctuating in a narrow range due to weaker Asian currencies and importer hedging following a central bank intervention
FOMO is reshaping investing behaviour. Are Indias financial advisers keeping up?
As traditional wealth management models begin to fray, the industry must pivot toward real-time engagement and behavioural coaching to stay relevant.
Meeshos AI discovery engine PRISM now drives over 75% of orders
PRISM is designed around browsing and discovery behaviour
Indias wealth boom has a problem: 84.8% of households do not have a will, study finds
1 Finance Magazine has found that 84.8% of Indians have no will, and 62.5% have no plans to make one, highlighting weak estate planning, limited financial awareness, and rising inheritance disputes amid growing intergenerational wealth transfers.
Indri Whisky maker Piccadily launches travel retail-exclusive Ilika at $80
Ilika is matured in a combination of ex-Spanish Sherry and ex-American Bourbon oak casks at the companys distillery near the Himalayan foothills
Tata Communications stock rises 2%; new study exposes AI infrastructure gap in global enterprises
The stock has gained over 25% in the past month and trades at a price-to-earnings ratio of 54.77, with a total market capitalisation of approximately 56,259 crore
BIS studying implementation challenges for mandatory silver hallmarking, says DG
Silver hallmarking has been voluntary since 2005 and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity.
Employees Provident Fund: Who is eligible and non-eligible to be nominee?
The EPFO manages employees' provident fund and pension schemes in India. Members must add nominess for both with rules differing based on marital status. E-nomination process available for Aadhaar-verified UAN holders.
Silver drops in futures trade on weak global cues, inflation worries
On the MCX, the white metal for July delivery depreciated by 621, or 0.24%, to 2,62,337 per kg in a business turnover of 11,830 lots.
Taking a home loan? Here's why your EMI should stay within 30% of monthly income
A smart home loan EMI can help keep finances safe and build wealth, while a high repayment burden can hurt finances, damage credit profiles, and bring down credit scores. Keeping home loan EMI within 30% of monthly income helps protect savings and long-term goals.
Gold rises in futures trade as investors seek safety amid global uncertainty
Analysts said renewed investor interest in precious metals was driven by lingering geopolitical concerns and softer crude oil prices, which improved sentiment towards gold prices
PhysicsWallah scraps in-house lending plan, stock surges 15%
The strategic shift, aimed at reducing risk and improving scalability, lifted the stock over 15% in intraday trade.
ITR filing AY 2026-27: Essential documents you should keep ready for hassle-free return filing
With the ITR filing season for AY 2026-27 in full swing, it is important to gather all the necessary documents before filing your return. Some of the key documents include PAN, Form 16, bank statements, capital gains statements, and investment proofs required for claiming deductions.
How digital lending platforms can scale faster without increasing risk
Digital lending platforms revolutionize borrowing by offering small loans at the click of a button. The digital infrastructure, powered by Aadhaar, Account Aggregator framework, and data processing, enhances financial inclusion.
Markets claw back losses by midday; IT drags, energy and pharma gain
The recovery marks the third consecutive session in which the market has bounced from the 23,25023,150 support zone, a pattern analysts at SBI Securities flagged as significant
Todays Gold Rate in India June 4: Gold prices down in Ahmedabad, Mumbai, Kolkata, Bengaluru, Delhi
22, 24 carat Gold prices down across Indian cities on June 4
8th Pay Commission: The Indian Railways Technical Supervisors Association (IRTSA) has demanded an increase in minimum pay to 52,600, a fitment factor of up to 3.80, better allowances and more. Check details here.
Titan, Kalyan, Vedanta among stocks in focus after silver import restrictions
Jewellery stocks saw mixed movement on Thursday after most of them dipped in the previous trading session
Status games: why many high-earning Indians fail to become wealthy
Behind luxury cars and premium homes, social proof, choice paralysis and high taxes are draining the savings of India's top earners. The fix? Stop trying to keep up with the Joneses, cut out complex products, and automate simple investments.
Dearness Allowance FAQs: Is DA part of salary? Is it taxable? Must you report it in ITR?
Dearness Allowance: We answer the top FAQs on DA for taxpayers. Whether the component is credited as part of your salary, is subject to tax, must be reported in your income tax returns filing and more
Rajesh Exports stock hits lower circuit after SEBI action against promoter
Slide follows SEBIs interim findings that Rajesh Exports had prima facie misrepresented nearly 15.15 lakh crore in revenues linked to its subsidiaries between FY21 and FY25
IEX shares rise 2% after May electricity trade volumes jump
The exchange reported total electricity traded volume of 12,983 million units (MU) in May 2026 compared with 10,946 MU in the corresponding month last year
The biggest tax filing mistake this year may be filing too early
ITR utilities are now available, but Form 26AS, AIS and TIS data may still be updating. Filing too soon can trigger mismatches, revised returns and refund delays.
BHEL shares dip; announces Nigeria contract win worth up to 2,500 crore
The stock opened at 410.40 on the NSE, touching an intraday high of 411, before slipping to 405.65 as of 10.01 AM down 0.16% from its previous close of 406.30
Titan shares up 1.5% after CEO signals premium watch focus
Titan is aggressively expanding its Helios and Helios Luxe retail chains from around 10 Helios Luxe stores currently to a target of 30 in the current financial year
Rupee trades in narrow range against US dollar in early trade
Rupee opens at 95.70, then touches 95.69 in initial trade, registering a rise of 7 paise from its previous close
The most common ITR filing mistakes people make in 2026 number 6 can delay your refund
Income-tax returns: Here are the most common mistakes taxpayers can make when filing their ITR in 2026. Here's the seven important checks highlighted, including some that could delay your refund process.
Gold and silver prices today, 4 June: Gold gains on MCX amid a weaker dollar and geopolitical tensions. Check the latest 24K, 22K gold and 999 silver retail rates in Delhi, Mumbai, Bengaluru, Kolkata, and Chennai.
REC to issue near 3-year bonds, bankers say
REC plans to raise 3,000 crore, including a greenshoe option of 2,500 crore, through the sale of bonds
Rupee under pressure from outflows, Asia weakness; report on tax relief may support
A pickup in equity outflows and fading hopes of a U.S.-Iran detente have put the rupee back on the back foot
US news: Americans may see their social security payments reduced by $500 per month over the next six years, by 2032, amid changes to the benefits program. Here's what we know
Gold rises on softer dollar, oil, as markets weigh US-Iran peace optimism
Israel and Lebanon agreed to implement a ceasefire to end hostilities, the Trump administration said on Wednesday, boosting hopes for a broader deal to end the Iran conflict
Why retirement planning today must account for longevity, inflation and income security
A new approach to retirement planning is essential as longer lifespans, inflation and rising healthcare costs reshape financial goals, making income security and long-term financial independence more important than ever.
SpaceX sets IPO price at $135, becomes largest public offering in history
The offering is expected to raise $74.4 billion, surpassing the records set by Saudi Aramco in 2019.
Nifty may open 150 points lower as investors track RBI policy and global cues
Market participants are closely watching the Reserve Bank of Indias monetary policy decision for signals on interest rates, inflation and liquidity
Sensex today | Stock Market Live: Stock to buy today: Olectra Greentech
Sensex, Nifty, Stock Price Live Updates: The stock of Olectra Greentech has been rallying since mid-March after it found support at 878. After witnessing a price correction recently, the stock now shows that the bulls are regaining traction. Notably, last week, the scrip rebounded from the 50-day moving average at 1,187 and has now moved above a key resistance at 1,260, opening the door for a further rally.
8th Pay Commission: Can India afford a 3.5 fitment factor? Salary hike, fiscal impact explained
8th Pay Commission fitment factor discussions intensify as unions demand a revision of up to 4x in basic salaries, given current inflation, the once-a-decade revision and associated challenges. Here is what the impact of a 3.5 fitment factor will be on salaries, pensions and government finances.
NHPC OFS fully subscribed, government raises about 4,300 crore from stake sale
The NHPC OFS marks the third disinvestment transaction in FY27, taking the governments total disinvestment proceeds this fiscal to 7,808 crore.
SoftBank sells 3.25% stake in Lenskart for 2,873 crore via block deal
The transaction involved the sale of 5.65 crore shares at 508.55 apiece, reducing SoftBanks holding in the eyewear company to 9.88 per cent from 13.13 per cent.
Easing ITR compliance: A guide to presumptive taxation under Section 44ADA
Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.
Maximising emergency funds: Is a sweep-in fixed deposit your best bet?
Before shifting your emergency safety net into a sweep-in FD, it is smart to weigh a few operational details, including premature withdrawal policies, minimum balance rules, interest rate gaps, and tax rules.
Led by Poland & China, central banks turned net buyers of gold in April
The development comes after they were net sellers of the precious metal in March; Russia continues to offload the yellow metal
SEBI bars Rajesh Mehta from trading in Rajesh Exports shares
Regulator alleges misrepresentation of over 15 lakh crore in revenues linked to overseas subsidiaries; orders fresh forensic audit
India must expand gold monetisation beyond gold loans to ease import dependence: Shamika Ravi
There is a need to broaden the range of financial instruments available to households, says Shamika Ravi, Member of the Economic Advisory Council to the Prime Minister (EAC-PM)
Right Horizons launches AIF targeting 200 crore
Fund will focus on small and mid-cap opportunities
Can non-salaried persons claim house rent allowance? HRA rules explained
An individual can claim a tax deduction under Section 80GG of the Income Tax Act 1961 or under Section 134 of the Income Tax Act 2025.
Silver falls 1% to 2.64 lakh/kg amid weak global trends
Silver for July delivery plunges by 2,757, or 1.03%, to 2,63,950 per kg in a business turnover of 10,599 lots, on MCX
Borosil Renewables jumps after import duties extension
The stock jumped as much as 9.3% in Mumbai on Wednesday, the most in more than a year, after Indias finance ministry announced a five-year extension of the so-called countervailing duties
CMR Green Technologies IPO Day 1: subscribed 2.45 times, NIIs lead demand
The non-institutional investor portion was subscribed 3.83 times, retail category subscribed 1.99 times, and the employee segment was booked 2.64 times
Rupee dented by oil price jump, equity weakness; likely RBI intervention caps losses
Uncertainty over the next chapter in the US-Iran war has also injected significant complexity in the Reserve Bank of Indias monetary policy decision due on Friday
Getting married? Fix these 5 financial red flags before they ruin your future together
Money matters more than many couples realise. These financial red flags, from hidden debt to poor savings habits, can affect long-term financial stability and relationship success. A couple should consult certified financial experts together to resolve any financial challenges.
Employees Provident Fund Organisation: Want to add a nominee to your employees' provident fund account? Here's how subscribers can do so, and your top nomination process related FAQs answered by the EPFO.
AI-driven cost cuts, insourcing trends may weigh on Indian IT firms: Kotak
Kotak prefers TCS, Infosys and Tech Mahindra among largecaps; stays cautious on HCL Tech, LTIMindtree, Mphasis and Wipro
India tightens checks on overseas flows as currency pressure mounts, sources say
India's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple queries to detect potential misuse of investment routes. This move comes amid pressure on the rupee from rising oil prices and foreign outflows, prompting a focus on capital outflow pace and currency impact.
RBI denies $12 billion gold sale rumours, confirms no change in physical reserves
The central bank stated that such reports are incorrect and urged the public to rely on official data
RBI dismisses gold sale rumours, confirms rise in gold share in reserves
Official data from the RBIs Annual Report for 202526 shows that gold holdings actually increased by 0.94 metric tonnes during the year
D-Street Bleeds: Sensex crashes 1,150 pts, Nifty sheds 300 points, IT companies lag
The BSE Sensex crashed 1,157 points, while the Nifty 50 plunged 332 points in intraday trade
Trading salary for Esops? The four tests that help you do the math
Esops are not lottery tickets. But they become lottery tickets when people stop doing the math.
Take charge of your money today with practical financial stress-management strategies that reduce money anxiety, build savings, and help you create long-term financial stability. Don't hesitate to take professional guidance from a certified financial advisor if financial problems remain.
Small caps are rallying again. Should you get on board or stay away?
Small cap mutual funds are drawing record inflows, driven by attractive valuations and a broader economic recovery. But investors still need a five-to-seven-year horizon and an SIP mindset to beat the volatility.
8th CPC: Check here for the full list of state visits and employee meetings scheduled by the 8th pay commission in Jammu Kashmir, Ladakh, Odisha, Uttar Pradesh and West Bengal in June and July 2026.
Vedanta, Hindustan Zinc shares decline amid ED searches under FEMA
Investor sentiment turned cautious amid concerns over potential regulatory scrutiny and alleged foreign exchange violations
IT Stocks Tumble: TCS shares fall 7% in big single-day drop, Nifty IT slides 5%
TCS shares fell over 7 per cent to hit a low of 2,265.20 in Wednesdays trade.
Annapurna Yojana goes live today: How to check if your 3,000 payment has been credited
West Bengal Chief Minister Suvendu Adhikari will launch the Annapurna Yojana, providing 3,000 monthly to women beneficiaries. The inauguration is set for 12.30 pm, with 100 beneficiaries per locality receiving sanction letters. The scheme replaces the previous Lakshmir Bhandar initiative.
When a taxpayer dies, filing ITR remains a legal obligation
Under Indian tax law, a person's obligation to file and pay taxes does not end with death. The responsibility passes to their legal representative or legal heirs, and overlooking it can lead to notices, penalties and delays in settling financial affairs.
Gold and silver prices rose on 3 June amid a weaker dollar and higher crude oil prices due to US-Iran tensions. MCX gold stayed above 1.59 lakh/10g, while silver held firm. Check 24K, 22K gold and 999 silver rates across major Indian cities.
Rupee falls 28 paise to 95.64 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar, then touched 95.64 in early trade, down 28 paise from its previous close
RBI likely intervenes to limit rupee's fall, traders say
The rupee was at 95.47 per dollar, down 0.2% on the day
Salaried taxpayers in India should thoroughly review their income-tax returns for FY 2025-26 before filing. Important checks include verifying pre-filled data, waiting for AIS updates, and ensuring all necessary deductions are claimed to avoid errors and delays.
How to avoid over-diversification in mutual funds: 5 simple ways
Too many mutual funds can weaken returns. Over-diversification creates portfolio overlap, complexity and confusion. A focused mutual funds strategy with clear asset allocation can improve long-term investment performance. Take proper guidance from a certified financial advisor to manage finances.
I asked ChatGPT: Should I pay a CA to file ITR? It explains when expert help makes sense
A discussion on whether salaried employees should file their ITR themselves or hire a Chartered Accountant. While DIY filing is feasible for straightforward cases, professional help can prevent costly errors and uncover tax-saving opportunities, especially when income sources are varied or complex.
Credit card stolen? Here are 5 steps you should take immediately
Act fast when a credit card is stolen. Quick reporting, card blocking, FIR filing and account monitoring can prevent fraud, protect your credit score and reduce financial losses. Don't panic; contact your credit card issuer promptly and follow the steps to resolve the issue.
Dearness Allowance helps mitigate inflation pressures for central government employees and pensioners. The 8th pay commission is reviewing pay structures and its recommendations will impact 50 lakh employees and 65 lakh pensioners in India.
Weak start seen for Indian markets; analysts expect rebound on strong global cues
Stock-specific action likely to dominate as sector rotation continues
Sensex, Nifty, Stock Price Live Updates: With Gift Nifty indicating a weak start and the RBI policy in focus, analysts expect stock-specific action to dominate trading as sector rotation continues, while supportive global cues and easing volatility could help limit downside risks.
Expectant parents in India face hidden costs and emotional challenges in the first year. A practical financial roadmap is essential.
Rising geopolitical tensions are reshaping personal finance decisions. Diversified investments, SIPs, emergency funds and disciplined planning can help protect wealth and manage market volatility effectively.
CMR Green Technologies IPO opens for public subscription today at 182-192 per share
SBI Securities has recommended subscribing to the issue, citing strong growth prospects in the recycled aluminium market and the companys leadership position in the sector
Several stocks will remain in focus after key corporate developments, including Infosys banking partnership expansion, ED searches at Vedanta, Canara Banks fundraising plan, UPLs restructuring approval, RECs asset transfers, and fresh order wins, investments and stake-sale transactions
Withdrawing more than 10 lakh from your bank account in a year? Here's what you must know
Bank customers can withdraw over 10 lakh without automatic tax scrutiny, but large transactions must comply with reporting norms to avoid issues with the income tax department. Details here.
Top 5 mid-cap index funds with lowest tracking error and benchmark-like returns
Since mid-cap index funds track a specific index, tracking error is an important factor to consider before investing. Here are the top 5 mid-cap index funds with the lowest tracking error.
Should small finance banks be a part of your FD strategy?
Unlike larger lenders with diversified and sticky deposit franchises, small finance banks rely more heavily on retail deposits to fund their loan books and, therefore, need to offer higher rates to attract and retain savers.
Alkem Laboratories promoters sell 1.5% stake for 930 crore via block deal
Following the transaction, promoter group member Jayanti Sinha exited the company, while overall promoter holding declined to 49.71% from 51.20%
Applying for a personal loan? Here's the list of documents you will need
To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply for a personal loan.
REITs distribute 8900 crore to unitholders in FY26, a 50% increase in disbursements
In FY26, India's five publicly listed REITs distributed over 8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.
