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Astronomical 39,900% return! NSDL IPO becomes multibagger money machine for NSE, SBI, HDFC Bank
NSDL's upcoming IPO is set to generate substantial wealth for early institutional investors like SBI and IDBI Bank, potentially yielding returns as high as 39,900%. Driven partly by regulatory mandates requiring shareholding dilution, the IPO allows these shareholders to capitalize on their long-term investments.
Meme-Stock Roar Fades on Wall Street as Retail Finds New Thrills
Meme stock trading is now normal in US markets. Opendoor, Krispy Kreme, and GoPro saw big surges. Warnings about speculation are ignored. Crypto is going mainstream with big firms involved. Retail investors are using options more. Short-dated options trading is at a record high. Meme stock enthusiasm shows retail investors are here to stay.
Trump suggests Fed Chair may cut interest rates
President Donald Trump met Federal Reserve Chair Jerome Powell. The meeting happened on Thursday. Trump thinks Powell may lower interest rates. Trump criticized the cost of renovating Fed buildings. Earlier, Trump called Powell a numbskull. However, Trump said he does not plan to fire Powell. The meeting was described as a good one by Trump.
Investors eye possible US-Europe trade deal as deadline looms
Hopes rise for a US-EU trade agreement before the tariff deadline. Ursula von der Leyen and Donald Trump are expected to meet. A deal might include tariffs on EU goods, steel, and aluminum. Optimism about trade tensions has boosted US stocks. A US-Japan trade deal was struck earlier. US and China officials plan to meet next week to discuss trade.
5 world market themes for the week ahead
Donald Trump's trade deadline looms, but investors remain calm. Japan and the U.S. have reached an agreement. A European Union deal is also possible. The Federal Reserve is expected to hold interest rates steady. The Bank of Japan is considering rate hikes. Euro zone data is coming this week.
Wall Street Week Ahead: Tariffs, Fed, tech results headline jam-packed markets week
U.S. stock market faces a potentially volatile week with a looming tariff deadline, a Federal Reserve meeting, and key earnings reports from major companies like Apple, Microsoft, and Amazon. Despite recent record highs and low volatility, concerns remain about high valuations and the possible return of meme stock trading. Investors are also awaiting the U.S.
2 top stock recommendations from Rajesh Palviya for next week
Rajesh Palviya of Axis Securities anticipates further market weakness, especially if Nifty stays below 25,000. He suggests that a break below 24,800 could lead to a decline towards 24,700-24,600.
S&P 500, Nasdaq close at records; Deckers soars on UGG demand
The S&P 500 and Nasdaq reached record highs, fueled by optimism for a U.S.-EU trade deal and strong earnings from companies like Deckers Outdoor. Intel's disappointing forecast led to a stock decline, while investors await the Federal Reserve's decision on interest rates amid trade concerns.
RBI governor supports independence of central bank
Governor Malhotra praised US Fed Chair Jerome Powell's efforts to uphold the central bank's independence amidst political pressure. Malhotra highlighted Powell's commitment to this principle, noting the widespread support he received from global finance leaders at a recent international gathering. This endorsement underscores the importance of central bank autonomy in maintaining economic stability.
RBI's oversubscribed VRRR auction signals strong bank participation amid falling overnight rates
The variable rate reverse repo auction saw strong demand. Banks chose to deposit funds with the Reserve Bank of India. This happened amidst a decrease in overnight money market rates. The central bank intervened to maintain rates around the policy repo rate. Lower auction size and liquidity expectations drove higher participation. The weighted average call rate also experienced a decline.
Bajaj Finance drops nearly 5% amid analyst concerns over MSME asset quality
Bajaj Finance shares experienced a 4.7% drop on Friday due to analysts' concerns about asset quality pressures within the MSME sector following the first-quarter results. JP Morgan anticipates potential negative earnings revisions stemming from downside risks to growth guidance and emerging stress in the MSME portfolio. UBS's price target even suggests a possible downside of 18%.
India's equity indices fall for fourth consecutive week amid weak earnings
Indian equity indices experienced a nearly 1% decline on Friday, marking the fourth consecutive week of losses, influenced by disappointing earnings from major companies and cautious sentiment in Asian markets. The NSE Nifty concluded at 24,837.00, while the BSE Sensex closed at 81,463.09. Investors are also showing concern about the potential impact of the India-US trade deal.
Bank holiday today: Are banks open or closed on Saturday, 26 July? Check here
Banks are generally closed on the second and fourth Saturdays of every month. However, they are open on the first, third and fifth Saturdays, according to the RBI calendar on bank holidays.
Govt races to build transmission firms amid push to meet 2030 clean energy goal
New wave of state-backed companies signals a surge in spending on enhancing Indias electricity grid infrastructure, essential for the countrys rapidly expanding green power capacity.
Orient Cement Q1 Results: Profit rises multi-fold to Rs 205 crore
Orient Cement Ltd, now part of billionaire Gautam Adani-led Adani Group, on Friday reported a multi-fold jump in its net profit to Rs 205.37 crore for the first quarter ended June 2025.
SAIL Q1 Results: Net profit zooms to Rs 745 crore
country's largest steel maker, on Friday reported a multi-fold rise in consolidated net profit at Rs 744.58 crore in the quarter ended June 2025 on the back of improved operational efficiency, better cash flow and strong growth in sales volume.
FTA to bring modest dip, not a steep dive, prices of UK spirits
Industry analysts suggest the immediate impact on retail prices will likely be modest, with reductions estimated between single digits and 10-15%, largely because import duties currently make up only 10-15% of the total shelf price.
10 year yield spikes amid a decline in bets on August rate cut
Indias 10-year bond yields rose to 6.37% after RBI Governor Sanjay Malhotra emphasized price stability, cooling hopes of an August rate cut despite low inflation data.
GNG Electronics IPO subscribed 148 times; Indiqube offer gets over 12.4 times
GNG Electronics issue gets nearly 50,000 crore
Tata Chemicals Q1 Results: PAT jumps 80% to Rs 316 crore
Tata Chemicals on Friday reported an 80.57 per cent increase in consolidated profit after tax (PAT) to Rs 316 crore for the quarter ended June 30.
ET Market Watch: Sensex slumps 721 pts, Nifty below 24,850; 5 factors why markets crashed
Petronet Q1 Results: Net profit falls 25%, to invest Rs 6,355 crore in new LNG terminal
Petronet LNG Ltd, India's largest gas importer, on Friday reported a 25 per cent drop in its June quarter net profit, and said it will invest Rs 6,355 crore in setting up a new import facility at Odisha.
Tamilnad Mercantile Bank Q1 Results: Net profit up 6% to Rs 305 crore on lower provisions
Tamilnad Mercantile Bank reported a 6% YoY rise in Q1 net profit to 305 crore, aided by sharply lower provisions, despite a 12% fall in operating profit. NII and other income remained nearly flat, while asset quality improved.
Hexaware Technologies Q2 Results: Profit jumps 38% YoY to Rs 380 crore but misses estimates
Hexaware Technologies posted a 38% YoY profit rise to 380 crore in Q2, but missed expectations due to higher costs and muted revenue. Revenue guidance was also lowered, prompting a 10.7% stock decline despite steady overall growth.
Sobha Ltd Q1 profit jumps over 2-fold to Rs 13.61 cr, revenue rises to Rs 901 cr
Realty firm Sobha Ltd on Friday reported a more than two times increase in its consolidated net profit to Rs 13.61 crore for the quarter ended June.
TVS Motor board to consider raising funds next week
TVS Motor Company on Friday said its board will next week consider and approve raising of funds via the issue of securities on a private placement basis.
US stocks open steady as investors prepare for August 1 deadline
Wall Street's main indexes opened steady on Friday following record closes for the S&P 500 and the Nasdaq in the previous session, while investors looked for signs of progress in trade talks as they braced for the August 1 tariff deadline.
Income Tax: Why is trusting AIS blindly not a great idea? This is what taxpayers can do
It is not uncommon to witness discrepancies in the information recorded in AIS and the actual number. If the information on AIS is wrong, duplicated or pertains to someone else, one can share feedback on it.
Poonawalla Fincorp assets under management up 53% at 41,273 crore
Promoters to inject 1,500 crore through preferential equity issuance
Polo horses, exotic animals kept out of India-UK free-trade pact
India removes duty on British seafood and temparate fruits. This will make access easier for cosumers in metros, hotels and restaurants as demand for premium food items grows.
These 9 stocks witness decreasing promoter holdings
A decline in promoter holdings may hint at fundraising or possible misalignment of interests. Nine Nifty500 companies saw significant stake reductions in the June 2025 quarter versus March.
Aadhar Housing Q1 net profit rises 18% to Rs 237 crore despite higher provisions
Aadhar Housing Finance posted an 18.5% YoY rise in Q1 net profit to 237 crore on a 19.4% income increase, despite higher provisions and a slight NIM dip. Disbursements surged 32%, and AUM grew 22% YoY.
Rejected insurance claims? An in-house ombudsman could help
With 17 ombudsman offices overwhelmed by complaints, IRDAI suggests insurers appoint internal ombudsmen to address unresolved issues within 30 days. This initiative aims to improve efficiency and provide quicker resolutions for policyholders, ensuring transparent grievance handling.
Airtel Africa Q1 profit jumps 20% on Nigeria-led tariff boost
Airtel Africa posted a 25% YoY revenue surge to $1.41 billion and a 20% profit rise to $156 million in Q1 FY26, driven by tariff hikes, strong data growth, and subscriber expansion, especially in Nigeria and Francophone Africa.
Laurus Labs among 7 stocks that hit 52-week highs and rallied up to 25% in a month
Despite the Sensex falling 720 points on Friday, seven BSE 500 stocks including Laurus Labs, Shyam Metalics, and ICICI Bank touched new 52-week highs, reflecting strong bullish momentum amid broader market weakness.
Bank of Baroda Q1 Results: PAT grows 2% YoY to Rs 4,541 crore, NII decline 1.4%
Bank of Baroda posted a modest 2% YoY rise in Q1 FY26 profit to 4,541 crore. Net interest income dipped 1.4%, impacted by tax refund reclassification. Deposits and advances, both domestic and international, grew strongly year-on-year.
IDFC First Bank Q1 Preview: PAT may fall up to 68% YoY amid NIM pressure. 6 things to watch
IDFC First Bank is expected to report weak Q1 FY26 results with 3168% YoY PAT decline due to NIM compression, high credit costs, and interest reversals. Loan and deposit growth may remain strong, but profitability faces pressure.
Off-market deals in unlisted firms: NSDL order may be a double-edged sword
New consent compliance requirement without timeline may delay transactions
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Sharda Cropchem, Vimta Labs, Times Guaranty, Tatva Chintan Pharma Chem and Stallion India Fluor, hit their fresh 52-week highs during the day.
Sensex tumbles 721 points as Nifty breaches key 25,000 support level
The BSE Sensex plunged 721.08 points or 0.88% to close at 81,463.09, while the Nifty 50 declined 225.10 points or 0.9% to 24,837.00
Youngsters want to become Nikhil or Nithin Kamath but don't want to use Zerodha: Ankur Warikoo
Influencer Ankur Warikoo critiqued Zerodha's shrinking appeal among young investors, citing its lack of fun, relatability, and aspirational branding. He advised content revamp, cultural relevance, and positioning Zerodha as a cool, quiet rebel in investing.
KFin Technologies shares fall despite 15% revenue growth in Q1
Net profit up 13.5% at 77.26 crore, while diluted earnings per share increased to 4.45 from 3.94 in the same quarter last year
Sensex falls! But these stocks rallied over 15% on BSE in today's trade
In the Nifty50 index, 7 stocks closed in the green, while 43 stocks ended in the red.
Gainers & Losers: IEX, Cipla among 7 stocks in action today
Sensex and Nifty fell sharply on Friday due to financial stock sell-off. Mixed earnings drove stock-specific moves, with IEX, Phoenix Mills rising, while Chennai Petro, Intellect, and APL Apollo declined.
Stock market update: Nifty Pharma index advances 0.54%
The Nifty Pharma index closed 0.54 per cent up at 22662.7.
Stock market update: Fertilisers stocks down as market falls
The 30-share BSE Sensex closed down 721.08 points at 81463.09
Indias gig economy in 2025: Growth, formalisation, and financial inclusion explained
India's gig economy has surged to 12 million workers in FY 2024-25, driven by digital connectivity and urbanization. This shift marks a structural transformation in labor, with gig workers gaining recognition and improved access to credit, though challenges like income volatility remain.
This Prime Ministers life insurance scheme provides 2 lakh annual coverage. See details
PM Jeevan Jyoti Bima Yojana offers one-year term life cover of 2 lakh to all the subscribers in the age group of 18 to 50 years for payment of 436 insurance per annum
Why personal loans are better than credit cards, gold loans, or home loans
Personal loans offer quick access to funds without collateral, flexible usage, fixed EMIs and minimal paperwork, making them a popular financing option across the nation over credit cards or secured loans.
LT Foods posts record Q1 revenue; share price decline
Specialty rice maker reports consolidated revenue of 2,501 crore for the quarter ended June 30, 2025, marking a 20% year-on-year growth
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex closed down 721.08 points at 81463.09
Sensex set to hit 115,836 by FY28 on earnings momentum: Ventura
Ventura Securities projects Sensex at 115,836 and Nifty at 43,876 by FY28, backed by 1214% EPS growth and resilient macro trends. Sectors like engineering and BFSI drive earnings momentum. Indias demographics, reforms, and stable debt levels position it as a top global investment destination despite persistent risks.
Stock market update: Nifty Realty index falls 0.99%
The Nifty Realty index closed 0.99 per cent down at 950.6.
Sensex falls! These stocks fell 5% or more in Friday's session
In the Nifty pack, 7 stocks closed in the green, while 43 stocks ended in the red.
Ujjivan SFB shares fall on Q1 profit miss
Brokerages maintain positive outlook, eyes fecovery from H2FY26
Rupee slides for third straight week as tariff deadline, Fed decision near
The Indian rupee fell to a one-month low on Friday, and logged its third straight weekly decline, pressured by outflows from local stocks and caution among investors ahead of a news-heavy week dominated by tariffs and central bank decisions.
Stock market update: Nifty IT index falls 1.42%
The Nifty IT index closed 1.42 per cent down at 35623.75.
Sensex falls! But these stocks surged over 5% on BSE
The BSE Sensex closed 721.08 down at 81463.09 on Friday.
How to spot and fix credit report errors that lower your credit score
Credit report errors can lower your credit score, affecting personal loan approvals and interest rates, making regular credit report checks and timely corrections essential for good financial health.
German bond yields hit four-month highs, bets wane on ECB cuts
German 10-year government bond yields hit their highest in four months on Friday, as fading conviction among investors for steeper rate cuts from the European Central Bank compounded a push out of safe havens on optimism over U.S.-EU trade talks.
Crypto price today: Bitcoin slips below $116,000 amid liquidations; Solana, XRP fall up to 5%
Bitcoin slipped below key support levels on Friday, triggering a broad risk-off sentiment across the crypto market. As of 2:14 pm IST, the worlds largest cryptocurrency was trading at $115,150, down 2.9%, while Ethereum held firm, rising 0.5% to $3,346. Most altcoins saw mixed movement.
eClerx shares hit 52-week high as Q1 profit jumps 27%
The Mumbai-based company posted a 26.9% year-on-year jump in net profit to 141.7 crore for the quarter ended June 30, compared to 111.6 crore in the same period last year
Reliance Power hits lower circuit on enforcement action reports
Media reports allegedly pertain to transactions involving Reliance Communications Limited (RCOM) or Reliance Home Finance Limited (RHFL) that are over 10 years old
Canara Bank shares down despite Q1 profit rising 21.69%
The banks retail lending portfolio expanded 33.92 per cent to 2,35,418 crore, with housing loans growing 13.92 per cent to 1,09,490 crore. Fee-based income increased 16.39 per cent to 2,223 crore
Paras Defence Q1 results: Net profit rises marginally to Rs 14 crore, revenue up 11% YoY
Paras Defence and Space Technologies posted a marginal 1.1% YoY rise in Q1FY26 PAT to 14.27 crore, while revenue grew 11.5% to 93.19 crore. Sequentially, profit declined 31.5%. Stock fell 3.8% post results.
Brigade Hotel IPO subscribed 98% on day 2: GMP hints at 7% listing pop
The Rs 759.6 crore IPO, entirely a fresh issue of 8.44 crore shares, is priced between Rs 85 and Rs 90 per share. The offer closes on July 28, with the stock set to list on the BSE and NSE on July 31.
Robert Kiyosaki cautioned investors that while ETFs offer convenience, theyre not substitutes for real assets like gold, silver, or Bitcoin. Comparing ETFs to a picture of a gun, he emphasized the need for financial literacy and tangible asset ownership.
Spring House Workspaces starts 28K sq ft co-working centre in Delhi
Spring House Workspaces has expanded its presence in Delhi-NCR with a new 28,000 sq ft co-working center in Saket, accommodating 450 seats, driven by rising demand from corporates for flexible workspaces. The company now operates over 20 centers covering 8 lakh sq ft. Co-working operators leased 2.
GNG Electronics IPO subscribed over 102x on day 3; GMP signals strong listing
GNG Electronics' IPO saw overwhelming demand, subscribed 102.06 times, driven by NIIs and retail investors. The IPO includes a fresh issue and OFS, priced at Rs 225-237 per share. SBI Securities and Canara Bank Securities suggest subscribing, citing growth and strategic positioning. The company's revenue and profit have more than doubled in the past two years.
Embassy REIT raises Rs 2,000 crore through first-ever 10-year NCD issuance
Embassy Office Parks REIT raised 2,000 crore through Indias first 10-year NCD by a REIT, marking a milestone in REIT debt markets. Proceeds will refinance debt, reduce interest costs, and support liability management, with strong institutional investor participation.
RBI begins fine tuning rates by conducting simultaneous VRR and VRRR auctions
The Reserve Bank of India will conduct a VRRR auction on Friday to absorb 1.25 lakh crore, following repo injections amid fluctuating call rates and surplus liquidity. The move comes ahead of a key government securities auction.
Shares of Sona Comstar fell 3% after a public dispute erupted within the promoter family. Rani Kapur, mother of the late Sunjay Kapur and majority shareholder, urged the company to postpone its July 25 AGM, citing coercion and document misuse following her son's sudden and suspicious death. The controversy has sparked legal concerns and investor unease.
Shriram Finance Q1 Results: Standalone PAT jumps 9% YoY to Rs 2,156 crore, NII grows 13%
Shriram Finance Q1 Results: The profit after tax (PAT) increased slightly by 0.8% quarter-on-quarter compared to 2,139 crore in Q4FY25, while net interest income (NII) declined marginally by 0.41% sequentially from 6,051 crore in the same period.
2 top stock recommendations from Sneha Seth
Amid market declines, Sneha Seth from Angel One notes key support levels for Nifty and Bank Nifty, emphasizing stock-specific opportunities. She suggests watching for a Nifty close above 24,900 for a potential rebound. Seth recommends a buy on Dr. Reddy's with a target of 1,324 and a sell on IndusInd Bank targeting 797, highlighting pharma's resilience during corrections.
NSDL IPO shocker: Price band 22% below unlisted market value
The 4,011.6 crore IPO of NSDL is scheduled to open for public subscription from July 30 to August 1, with anchor investors bidding on July 29. The entire issue is an Offer for Sale (OFS) of up to 5.01 crore shares by existing shareholders, including IDBI Bank, NSE, Union Bank of India, SBI, HDFC Bank, and SUUTI.
Kotak Mahindra wants to woo Indias wealthy with Solitaire bankingIs it worth it?
Kotaks new Solitaire program offers loans, premium cards, and family benefits for affluent customers. But do these rewards justify locking away 75L 1 crore?
Supplycos Onam purchase lifts good liquoring tea prices at Kochi auctions
The procurement was to include tea in the food kits to be supplied to below poverty line families
Nikkei falls as traders lock in gains after US trade deal rally
Japan's Nikkei share average dropped on Friday, halting a two-day advance that brought the index to the brink of a record, as traders locked in gains spurred by a newly inked trade deal with the United States.
Nifty tumbles below 25,000 mark as FII selling pressure intensifies; Sensex drops nearly 600 points
Nifty Financial Services index falls 0.94% to 26,754; banking index decreases 0.90% to 56,475
European shares slip as auto stocks weigh, investors eye US-EU trade talks
European shares retreated on Friday, giving back gains from the previous session, as automobile stocks weighed and investors awaited updates on EU-U.S. trade talks ahead of U.S. President Donald Trump's tariff deadline next week.
Mark Matthews on why FTA with UK, US trade deal shouldnt matter much for India
Mark Matthews of Julius Baer suggests the India-UK FTA's impact on India will be limited, but hopes it spurs a US trade deal before August 6, potentially boosting the stock market. He anticipates a US tariff for India between 15% and 20%. Matthews favors the IT sector due to its recent downturn and positive management guidance.
Shanti Gold IPO gains early momentum on retail demand: Check GMP, price band and other details
Shanti Gold International's Rs 360-crore IPO saw moderate initial demand, achieving 43% subscription on its first day, July 25, 2025. Retail investors drove the early interest, subscribing to 74% of their reserved shares, while institutional participation remained subdued.
Should you take a personal loan to invest? Pros, cons, and expert advice
Taking a personal loan to invest can increase potential gains but also financial risks. Fixed repayments may conflict with unpredictable investment returns, leading to financial stress.
Income tax filing FY 2024-25: Common delays, penalties, and how to avoid them
Delaying income tax filing in the country can lead to penalties and stress; this guide explains common reasons for late ITRs, penalties, and simple ways to file on time.
10 money lessons from films and documentaries you shouldn't miss this weekend
As Mumbai sizzles with monsoon cravings, heres a handpicked list of films and shows thatll make you rethink your relationship with money. Forget the usual suspectsthis lineup dives deeper.
Stocks to Buy | Dinshaw Irani on stock-specific opportunities in a sideways market
Reliance Power shares have dropped 15% in a month amid ED raids and weakening technical momentum. While analysts highlight key support and resistance levels, the stocks long-term outlook is supported by profitability, debt reduction, and operational efficiency. Regulatory concerns persist, though management maintains no operational impact from ongoing investigations.
REC shares fall 1% despite 29% profit jump in Q1 FY26
RECs consolidated net profit for Q1 FY26 increased to 4,465.71 crore
Kotak Mahindra Bank Q1 Preview: PAT seen falling 26% YoY, NII growth muted
Kotak Mahindra Bank is projected to experience a 26% year-on-year drop in net profit for Q1FY26, according to brokerage estimates. Net interest income is expected to rise modestly by 7%, reflecting margin pressures. Loan growth is anticipated to be healthy at 12-13%, but margins may face headwinds.
