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Market Wrap: RIL, HDFC Bank lead D-Street rally amid global tailwinds; Sensex adds 295 pts, Nifty above 24,460

Indian benchmark indices ended higher on Monday, buoyed by advances in heavyweights HDFC Bank and Reliance Industries Ltd (RIL), as easing global trade tensions, steady foreign inflows, and a dip in crude oil prices bolstered investor confidence.

The Economic Times 5 May 2025 3:44 pm

Govt reviews SC judgment quashing JSW Steels 19,700 crore acquisition of Bhushan Power and Steel

We are studying the judgment and the possible course of action. We will finalise our next step after discussing with our senior government advocates, DFS Secretary M Nagaraju said.

The Hindu Businessline 5 May 2025 3:35 pm

Govt of Singapore bets on Indian stocks: 9 picks surge 15-30% in CY25

The Government of Singapore holds stakes worth 2.38 lakh crore in 61 BSE-listed firms. Nine of these, including SRF, Bajaj Finance, and SBI Life, have gained 1533% in 2025, reflecting strong market performance and GoSs selective equity exposure.

The Economic Times 5 May 2025 3:33 pm

Baroda BNP Gilt Fund turns 23; AUM tops Rs 1,500 crore with 4X growth for investors

Baroda BNP Paribas Gilt Fund celebrates 23 years, surpassing Rs 1,500 crore in AUM. The fund has delivered strong returns, transforming an initial investment of Rs 10,000 into Rs 41,919.60 since inception. Managed by Gurvinder Singh Wasan and Prashant Pimple, the fund strategically invests in government securities and SDLs, aiming to capitalise on potential RBI rate cuts.

The Economic Times 5 May 2025 2:27 pm

NFO Update: Tata Asset Management launches Income Plus Arbitrage Active FoF

The Tata Income Plus Arbitrage Active FoF is tailored for investors with a two-year horizon, aiming for stable, accrual-based, and tax-efficient returns. The fund invests up to 65% in Tata Corporate Bond Fund and at least 35% in Tata Arbitrage Fund

The Economic Times 5 May 2025 1:32 pm

NFO Alert: Angel One Mutual Fund launches two Nifty 50-based passive funds

Angel One Asset Management Company has introduced the Angel One Nifty 50 Index Fund and ETF, both tracking the Nifty 50 Index. These funds offer investors exposure to India's top 50 large-cap companies across key sectors. The NFOs offer several investor-friendly features, such as zero entry and exit loads, and a minimum investment amount of Rs 1,000, with additional investments allowed in multiples of Re 1.

The Economic Times 5 May 2025 1:23 pm

High cash levels deployed in small caps across schemes, says Quant Mutual Fund

Quant Mutual Fund has deployed high cash reserves into select small-cap stocks, maintaining a portfolio leaning towards large and mega-cap companies. The fund anticipates a potential 12-15% correction in gold prices in dollar terms, despite May's typical bullish trend.

The Economic Times 5 May 2025 12:54 pm

Bank of Baroda, Kotak Mahindra Bank revise FD interest rates: Check latest rates in May 2025

Bank of Baroda and Kotak Mahindra Bank have revised their fixed deposit interest rates. Bank of Baroda decreased rates on deposits below Rs 3 crore. Kotak Mahindra Bank reduced rates by 50 bps for a specific tenure.

The Economic Times 5 May 2025 12:39 pm

88% equity mutual funds offer negative returns in 2025, lose up to 21%

Around 88% of equity mutual funds delivered negative returns in 2025 so far, with 44 schemes posting double-digit losses. Small-cap and ELSS funds were hit the hardest. Only 33 funds managed gains, led by ICICI Prudential and HDFC schemes. Investors are advised to base decisions on goals and risk appetite.

The Economic Times 5 May 2025 12:20 pm

Strike-ing the target: A pragmatic strategy to leverage options in a volatile market

India led global equity options trading in 2023. The growth was driven by retail investors. However, most retail traders faced losses. SEBI has implemented regulations to protect investors. Options can be used for hedging or speculation. The article suggests using options for hedging. It also suggests using options for stock acquisition and exit strategies.

The Economic Times 5 May 2025 11:43 am

Indian Bank eyes corporate lending in emerging sectors

The bank plans specialised branches for senior citizensstarting with one in Chennai and a new app that is expected to provide a single wallet for seamless transactions and reduce monthly UPI transaction costs

The Hindu Businessline 5 May 2025 11:37 am

V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement

V-Mart Retail shares experienced a decline of 6.2% despite positive financial news. The company reported a net profit of Rs 19 crore for the March 2025 quarter, a significant improvement from the previous year. Revenue also increased by 17%. The board approved a 3:1 bonus share issue. However, the board did not recommend dividend.

The Economic Times 5 May 2025 10:39 am

EPF interest rate: Will you lose higher interest on EPF if you don't transfer your EPF account from old to new employer?

Indian salaried individuals should transfer their EPF accounts upon changing jobs to continue earning interest. Neglecting this transfer can lead to loss of potential gains, especially with the current EPF interest rate at 8.25%.

The Economic Times 5 May 2025 8:02 am

Foreign vacation? How to cut costs but keep the fun

Credit card or forex card, DIY or package? Here are some ways in which you can save on flights, stay, commutes and sightseeing while travelling abroad.

The Economic Times 5 May 2025 6:30 am

Why travel insurance is a must for overseas travel

A travel insurance policy should provide adequate medical coverage, including hospitalisation expenses, doctor consultations, and emergency treatments. It is advisable to check whether pre-existing conditions are covered or require an additional premium.

The Economic Times 5 May 2025 6:30 am

Headwinds hit IT stocks: Should you sell or buy?

Delayed recovery of discretionary spending will amplify stock price volatility of IT sector companies.

The Economic Times 5 May 2025 6:30 am

Have tax, regulatory shifts made FoFs more attractive?

A favourable shift in the tax regime and regulatory push set the stage for new solutions in the FoF avatar.

The Economic Times 5 May 2025 6:30 am

Gold prices on high: How are wedding buyers coping?

How are wedding shoppers dealing with sky-high gold price?

The Economic Times 5 May 2025 6:30 am

Prepare for mkt volatility before it even begins

Will investors learn from this cycle? History suggests the lesson will be shortlived. As the markets recover and memories of drawdowns fade, the allure of maximum exposure will again become irresistible. The investors, who lament their inability to buy on the dip today, will convince themselves that this time is different.

The Economic Times 5 May 2025 6:30 am

How young couples can resolve household money issues

In middle class families, the expectations from earning members can be high. To get the benefit of higher education, to pay through college and classes, and to get a stable job that pays a salary much higher than the household has been used to, is a milestone event. Theres a feeling that the income should be allocated to meet some of the expectations of parents and siblings.

The Economic Times 5 May 2025 6:30 am

I will bet on this asset for life: HDFC Pension CEO

Strong subscriber growth across corporate and retail segments shows how simplified messaging, tax incentives, and digital access are driving NPS adoption, but tailoring the pitch to different life stages is key to building long-term engagement, Sriram Iyer, MD & CEO, HDFC Pension, tells Yasmin Hussain.

The Economic Times 5 May 2025 6:30 am

HDFC Flexi Cap Fund review: Should you buy?

We examine the key fundamentals of HDFC Flexi Cap Fund, its portfolio and performance to help you make an informed investment decision.

The Economic Times 5 May 2025 6:30 am

5-point checklist for a gold-like career

Use financial risk strategies to guide career and education moves, says Devashish Chakravarty.

The Economic Times 5 May 2025 6:30 am

How Gahlaut can save Rs 1.8 lakh tax

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

The Economic Times 5 May 2025 6:30 am

Top 5 stocks in large, mid, small, micro caps: 2025

Welcome to TrendMap, your quick, visual guide to the performance of different investment segments. In this edition, we present an 11-year equity performance tracker, ranking annual returns across market-cap segments. The map offers a clear perspective on how large-, mid-, small- and micro-cap stocks have fared since 2015, says Sameer Bhardwaj.

The Economic Times 5 May 2025 6:30 am

What is embedded insurance?

Embedded insurance is the integration of insurance products directly into the purchase process of other goods or services.

The Economic Times 5 May 2025 6:30 am

Top line vs bottom line in company's financials

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 49th part of this series, Riju Mehta helps you understand the two corporate finance terms.

The Economic Times 5 May 2025 6:30 am

Nirmala Sitharaman to attend ADB's annual meeting in Italy

Official delegations of the ADB Board of Governors, ADB members and international financial institutions will attend the meetings

The Hindu Businessline 4 May 2025 4:58 pm

6 mutual fund NFOs will open for subscription this week

Six mutual fund New Fund Offers (NFOs) will open for subscription this week

The Economic Times 4 May 2025 4:54 pm

Overseas mutual funds lead the pack with weekly gains of up to 10%

Nippon India Taiwan Equity Fund delivered the highest return of 9.81% during the period.

The Economic Times 4 May 2025 4:21 pm

Fed rate cut decision, India-Pakistan tensions among 8 factors that'll steer D-Street this week

Indian benchmarks extended gains last week, led by largecaps, even as smallcaps underperformed. The Nifty ended up 1.3%, while the Sensex rose 1.6%. Key triggers this week include the US Fed policy decision, Q4 earnings from SBI and Kotak Bank, macro data, LoC tensions, and crude oil swings. The Rupee breached 84/USD, and FIIs remained strong buyers.

The Economic Times 4 May 2025 9:44 am

SBIs Q4FY25 net profit declines 10% to 18,643 cr on jump in total provisions

Board declares dividend of 15.90 per equity share and also approves raising of equity capital aggregating up to 25,000 crore

The Hindu Businessline 3 May 2025 6:39 pm

Indian Bank posts over 10,000 cr annual profit for first time in FY25; Q4 net profit up 32%

During the quarter, the bank's total income increased to 18,599 crore from 16,887 crore a year ago

The Hindu Businessline 3 May 2025 6:38 pm

SBI Q4 profit drops 10% to 18,643 cr despite higher income; FY25 net up 16%

Despite the decline, total income rose to 1,43,876 crore, supported by increased interest income.

The Hindu Businessline 3 May 2025 3:12 pm

HDFC Bank revises lounge access policy for these credit card users effective from June 10, 2025

HDFC Bank is revising its lounge access policy for Tata Neu Infinity and Plus credit cardholders, effective June 10, 2025. Domestic lounge access will now be milestone-based, requiring a spend of Rs 50,000 per quarter to earn vouchers.

The Economic Times 3 May 2025 3:00 pm

Kotak Mahindra Bank's Q4 profit drops 14% on higher provisions

Kotak Mahindra Bank reports standalone net profit of 3,552 crore

The Hindu Businessline 3 May 2025 2:57 pm

Sovereign Gold Bond final redemption: Investors to earn 221% returns on maturity as RBI announces final price for SGB 2017-18 Series I; check details

The Reserve Bank of India has announced the redemption price for Sovereign Gold Bond 2017-18 Series I at Rs 9486 per unit, payable on May 9, 2025. The maturity amount is tax-exempt, and investors also earned 2.5% annual interest.

The Economic Times 3 May 2025 1:48 pm

Gold prices may have peaked out, can fall 12-15% in dollar terms: Quant Mutual Fund

For glittering Gold and indispensable oil, the fund house expects a correction in the near term, Gold has exhibited tremendous potential and that potential remains for the longer term and also crude oils downside is exhausted.

The Economic Times 3 May 2025 12:25 pm

Post office vs bank FD: Highest 3-year interest rate on fixed deposit for Rs 5 lakh investment in 2025

With banks reducing FD interest rates, the Post Office Time Deposit (POTD) remains competitive, offering 7.10% until June 2025. While major banks offer lower rates around 6.90%, select private banks like DCB, RBL, and YES Bank provide higher returns up to 7.50%.

The Economic Times 3 May 2025 12:09 pm

One fund, many opportunities: The power of multicap investing

Indian equities experienced correction since September 2024. This correction is due to expensive valuation and foreign capital outflows. Multi cap mutual funds are now an attractive option for long-term investors. These funds invest across large, mid, and small-cap stocks. India's GDP growth is projected at 6.5% for FY2026. Multi cap funds balance risk and return in volatile markets.

The Economic Times 3 May 2025 11:11 am

Top 6 Silver ETFs which received high volumes this Akshaya Tritiya

This Akshay Tritiya Silver ETF volume went up from Rs 95 crore to Rs 313 crore i.e., 3.3 times. At industry level, Silver ETF volume at Rs 232.5 crore which is approximately 74% of total Industry volume of Silver ETF.

The Economic Times 3 May 2025 10:42 am

RIL, HDFC Bank among top 10 companies with highest mutual fund holding in March Quarter

Here are the top 10 companies with highest MF holding in rupee value terms.

The Economic Times 3 May 2025 10:29 am

RBL Bank, Voltas among 10 companies that saw highest decrease in mutual fund holdings in March

The mutual fund holding in this stock decreased by 14.36% on a month-on-month basis. The holding in March was 7.93% against 22.29% in December.

The Economic Times 3 May 2025 10:10 am

Explained: What is Yield to Maturity (YTM) in debt mutual funds

Yield to Maturity (YTM) is a crucial indicator for debt mutual fund investors, offering an estimated annual return if bonds are held until maturity. It aids in comparing funds and aligning with investment horizons. However, YTM is not guaranteed, as it's impacted by interest rate movements and credit quality.

The Economic Times 3 May 2025 10:03 am

Got LTCG up to Rs 1.25 lakh? How ITR filing will be easier for you for FY 2024-25

Taxpayers filing ITR for FY 2024-25 by July 31, 2025, benefit from the updated ITR-1 form, which now includes reporting of long-term capital gains from equities up to Rs 1.25 lakh. This simplifies filing for those under the new tax regime. The form also introduces detailed deduction reporting, enhancing accuracy and potentially preventing future disputes with the tax department. Read below to know more.

The Economic Times 3 May 2025 9:00 am

Saturday bank holiday today: Are banks open or closed today on May 3, 2025?

Income tax return filing is approaching. Remember, branches are closed on the second and fourth Saturdays. Several bank holidays are scheduled for May 2025, including Maharashtra Din on May 1. Digital banking offers solutions for many needs. Customers can perform transactions online.

The Economic Times 3 May 2025 8:09 am

Microfinance legislations: Bandhan Bank not that much impacted in Tamil Nadu and Karnataka, says MD

There are signs of rising stress in microloan portfolios of microfinance lenders in Tamil Nadu and Karnataka

The Hindu Businessline 2 May 2025 9:59 pm

RBI reports 98.24% of 2000 banknotes returned as at April-end 2025

The facility for exchange of the 2000 banknotes is available at RBIs 19 Issue Offices since May 19, 2023, per a central bank statement

The Hindu Businessline 2 May 2025 9:48 pm

Call money market timings may be extended by two hours till 7 pm, recommends RBI Working Group

Move aimed at allowing post-market transactions in G-Secs with non-residents

The Hindu Businessline 2 May 2025 9:26 pm

Target 3.8-4% NIM in FY26, CSB Bank MD says

Balance sheet size likely to grow by 20-25% in current fiscal

The Hindu Businessline 2 May 2025 9:08 pm

Rupee experiences seesaw movement, peaks to a 6-month high

Hits a six-month peak before weakening due to RBI intervention and importer demand

The Hindu Businessline 2 May 2025 8:35 pm

Strong operating profit pushes City Union Bank Q4 net up 13%

FY25 profit at 1,124 crore

The Hindu Businessline 2 May 2025 7:33 pm

PPF Calculation: How much will you earn in 15, 20, and 25 years by investing Rs 8,000 monthly in Post Office Public Provident Fund?

Any individual, including those who are employed, self-employed, or pensioners, can open a PPF account. Only one PPF account can be opened across the country, either in a post office or a bank.

Zee Biz 2 May 2025 7:10 pm

IOBs Q4 profit tops 1,000 cr; FY25 annual profit up at 3,335 cr

Lender plans to raise capital for future growth

The Hindu Businessline 2 May 2025 7:04 pm

Explore how Floating Rate Savings Bonds, 2020 (Taxable) can be a starting point for investment

Floating Rate Savings Bonds 2020 offer a way to secure finances amidst fluctuating interest rates. Reserve Bank of India issues these bonds. Indian residents, HUF members, and guardians can invest. The interest rate resets every six months, linked to the National Saving Certificate rate. The bonds have a seven-year maturity.

The Economic Times 2 May 2025 6:03 pm

Punjab National Bank slashes FD rates for second time in two months; Bandhan Bank revises FD rates: Check details

Punjab National Bank will revise fixed deposit interest rates for retail deposits. The new rates will be effective from May 1, 2025. PNB will offer interest rates between 3.50% and 7.10% for general citizens.

The Economic Times 2 May 2025 5:39 pm

Top 6 Gold ETFs which received high volumes this Akshaya Tritiya

On Akshaya Tritiya, gold ETF volumes surged 2.5 times, with Nippon India ETF Gold BeES leading at 17,191 lakh. Total industry volume reached Rs 331 crore, driven by major ETFs like HDFC, ICICI, and SBI.

The Economic Times 2 May 2025 5:38 pm

How much time will it take to reach Rs 5 crore with a monthly SIP of Rs 50,000?

Investing Rs 50,000 monthly at a 15% annual return can help you reach a target corpus of Rs 5 crore in approximately 18 years and 2 months, assuming no lump sum.

The Economic Times 2 May 2025 5:19 pm

Factors that affect personal loan interest rates and how to get the best deal

Personal loan interest rates are influenced by credit score, loan amount, income stability, and market conditions. Borrowers can secure better deals by improving their credit score, shopping around for rates, and considering secured loan options. Understanding these factors empowers individuals to make informed decisions and potentially save money on their loans.

The Economic Times 2 May 2025 4:58 pm

Q4FY25 results preview: SBI may report a decline in quarter standalone net profit, per analyst estimates

While margin may come under slight pressure, SBIs asset quality is seen holding steady, according to analysts

The Hindu Businessline 2 May 2025 4:50 pm

NFO Update: ICICI Prudential Mutual Fund launches quality fund

ICICI Prudential Mutual Fund has launched the ICICI Prudential Quality Fund, an open-ended equity scheme targeting high-quality stocks. The NFO runs from May 6 to May 20, focusing on companies with strong fundamentals and stable returns amid economic uncertainty.

The Economic Times 2 May 2025 4:19 pm

11 equity mutual funds lose over 15% in 2025. Are any of these part of your portfolio?

In 2025 so far, 11 mutual fund schemes have lost over 15%, with Samco Flexi Cap Fund declining the most at 20.41%. Small cap and ELSS funds dominate the underperformers. A total of 244 equity schemes posted negative returns this year.

The Economic Times 2 May 2025 4:03 pm

RBI shuffles portfolios of dy Guvs; Poonam Gupta gets monetary policy department charge

MUMBAI, May 2: The Reserve Bank of India on Friday rejigged portfolios of its deputy governors, with Poonam Gupta, who assumed charge recently, being given the key monetary policy department charge. The RBI has four deputy governors. The central bank shuffled the portfolios consequent on the appointment and assumption of charge by Gupta as deputy governor. Besides monetary policy, she has been assigned with the responsibility of seven other departments, including corporate strategy and budget, communication, and financial stability. [] The post RBI shuffles portfolios of dy Guvs; Poonam Gupta gets monetary policy department charge appeared first on Daily Excelsior .

Daily Excelsior 2 May 2025 3:24 pm

IRCTC bans waiting list passengers from Sleeper and AC travel starting May 1, 2025

IRCTC New Rules: Indian Railways will implement new rules from May 1, 2025. Waiting list ticket holders cannot travel in sleeper or AC coaches. They can only travel in general coaches.

The Economic Times 2 May 2025 3:09 pm

Planning to start SIP to buy a house in Bangalore? Experts offer help

Three Reddit users debated mutual fund investments for buying a Bangalore apartment. Experts advised beginners to consider flexi-cap, hybrid, and gold funds. Emphasis was placed on setting clear goals, understanding risk appetite, and ensuring proper asset allocation across equity, debt, and gold for diversification and stability.

The Economic Times 2 May 2025 2:35 pm

ITR-3 form notified by the CBDT: Know what this means for taxpayers; Who is eligible?; ITR Filing FY 24-25

ITR Filing Forms FY24-25: The CBDT has released the ITR-3 form for individuals and HUFs with business or professional income for FY 2024-25. It includes a capital gains split schedule for calculations before and after July 23, 2024, and allows reporting of capital loss on share buybacks.

The Economic Times 2 May 2025 2:14 pm

RBI seeks lifting cap on 'vostro' accounts investments to push rupee-denominated trade, sources say

The Reserve Bank of India (RBI) is seeking government approval to eliminate the 30% cap on foreign banks using vostro accounts to purchase short-term sovereign debt. This move aims to boost rupee-denominated investments and trade by making SRVAs more attractive for managing short-term liquidity.

The Economic Times 2 May 2025 1:48 pm

11 new mutual funds are available for subscription now

Eleven new mutual funds across seven categories are open for subscription, offering varied options from index funds to sectoral themes.

The Economic Times 2 May 2025 12:34 pm

Lower home loan EMIs: List of banks that have reduced home loan interest rates after RBI rate cut

Home loan EMIs: Following the Reserve Bank of India's repo rate cut, several public and private sector banks, including SBI, Bank of Baroda, and HDFC Bank, have reduced their lending rates across various retail loan segments. Here is the list of prominent banks that have reduced their home loan interest rates.

The Economic Times 2 May 2025 12:20 pm

Edelweiss Mid Cap Fund only outperformer among 30 peers in April

In April, only Edelweiss Mid Cap Fund outperformed its benchmark, while 29 out of 30 mid-cap funds lagged behind. Top funds like HDFC Mid-Cap Opportunities, Kotak Emerging Equity, and Franklin India Prima failed to beat their indices. On average, mid-cap funds returned 3.81%, underperforming the Nifty Midcap 150 TRI (4.99%) and BSE 150 MidCap TRI (6.35%).

The Economic Times 2 May 2025 12:07 pm

Mutual funds' cash kitty hits 15-year high. What it means for investors?

Mutual funds' cash holdings have surged to a 15-year high in March 2025, signaling fund managers' cautious approach amid limited attractive investment opportunities. This elevated cash level mirrors trends seen in 2011 and 2018, preceding Nifty rallies concentrated in large-cap stocks. Investors should temper return expectations and prioritize portfolio quality, asset allocation, and risk management.

The Economic Times 2 May 2025 10:30 am

Top 10 mutual funds to invest in May 2025

An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season.

The Economic Times 2 May 2025 9:20 am

Interest rates are falling, time to switch your home loan regime: Save above Rs 8 lakh by switching to EBLR; Know how

Home loan interest rates are decreasing after the Reserve Bank of India repo rate cut. Borrowers can save money by switching to the External Benchmark Lending Rate or EBLR. EBLR is more transparent and linked to the repo rate. Converting from older regimes like BPLR or MCLR can lead to substantial savings. Read below to know the full calculations.

The Economic Times 2 May 2025 9:16 am

FD interest rate up to 8.70%: Shivalik SFB and IDFC FIRST Bank revise savings account and FD rates

Shivalik Small Finance Bank and IDFC FIRST Bank will revise interest rates. The change applies to savings accounts and fixed deposits. Shivalik SFB savings rates range from 2.50% to 8.20%. Their FD rates go from 3.50% to 8.20% for general citizens. IDFC FIRST Bank savings rates are between 3% and 7.25%. Their FD rates vary from 3% to 7.

The Economic Times 2 May 2025 8:00 am

IndusInd Bank could tap Rajiv Anand for CEO role, sources say

On April 29, Kathpalia resigned from the position of IndusInd Bank CEO with immediate effect

The Hindu Businessline 1 May 2025 8:44 pm