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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.
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.
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.
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.
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.
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.
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.
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.
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.
DCW plans to expand its Synthetic Iron Oxide Pigment capacity by 50%
Announces Rs 250 cr strategic investment programme
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.
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.
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
Time Technoplast wins order of Rs 2.48 cr
For NTPC's Hydrogen-Powered Locomotive Pilot Project (Railway)
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
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.
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.
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.
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.
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.
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.
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.
Gem, jewellery export up a tad on rise in gold prices
Despite a challenging global environment, industry leaders express optimism
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
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.
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
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.
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
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.
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.
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.
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
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.
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.
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.
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.
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
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
Sales rise 41.52% to Rs 149.54 crore
Zodiac Energy consolidated net profit rises 160.97% in the June 2026 quarter
Sales rise 44.63% to Rs 141.81 crore
Juniper Hotels consolidated net profit rises 269.56% in the June 2026 quarter
Sales rise 13.04% to Rs 249.53 crore
Kernex Microsystems (India) consolidated net profit rises 1372.52% in the June 2026 quarter
Sales rise 800.38% to Rs 503.58 crore
Hind Aluminium Industries consolidated net profit declines 51.03% in the June 2026 quarter
Sales rise 405.66% to Rs 5.36 crore
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
Investment & Precision Castings consolidated net profit rises 129.95% in the June 2026 quarter
Sales rise 21.17% to Rs 53.34 crore
Ucal reports consolidated net profit of Rs 5.84 crore in the June 2026 quarter
Sales rise 4.44% to Rs 203.15 crore
Unitech reports consolidated net loss of Rs 570.57 crore in the June 2026 quarter
Sales rise 0.96% to Rs 106.01 crore
Informed Technologies India consolidated net profit rises 350.00% in the June 2026 quarter
Sales decline 16.67% to Rs 0.30 crore
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
Sheetal Cool Products standalone net profit rises 30.90% in the June 2026 quarter
Sales rise 17.48% to Rs 132.64 crore
Sales rise 9.76% to Rs 0.45 crore
ECS Biztech reports standalone net loss of Rs 0.14 crore in the June 2026 quarter
Reported sales nil
Global Infratech & Finance standalone net profit rises 1400.00% in the June 2026 quarter
Reported sales nil
Sunil Agro Foods standalone net profit rises 233.33% in the June 2026 quarter
Sales decline 20.92% to Rs 40.02 crore
Sangal Papers standalone net profit rises 235.00% in the June 2026 quarter
Sales rise 17.53% to Rs 55.91 crore
Sharda Ispat standalone net profit rises 485.71% in the June 2026 quarter
Sales rise 155.75% to Rs 71.15 crore
Finkurve Financial Services standalone net profit rises 65.82% in the June 2026 quarter
Sales rise 88.31% to Rs 75.10 crore
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
Computer Point reports standalone net loss of Rs 0.12 crore in the June 2026 quarter
Reported sales nil
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.
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.
India F&B out-of-home consumption volume drops 8.6% in FY26: Worldpanel by Numerator
Consumer spending increased slightly but purchasing quantities decreased.
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.
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.
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.
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.
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.
Silver price drops 836 to 2.36 lakh/kg
Globally, silver trades 0.18% up at $65.44 per ounce in New York
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.
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.
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
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.
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.
