SBI Mutual Fund has bought a 4% stake in home services marketplace Urban Company through bulk deals executed on Tuesday, CNBC TV-18 reported. The fund house has acquired 3.5 crore shares on the NSE, with each share priced at an average of ₹109.85 apiece, while it acquired another 2.2 crore shares on the BSE at…
The Indian stock market correction could deepen, with the benchmark Nifty 50 potentially sliding towards the 21,000 level if crude oil prices stay around $100 per barrel for the next three to four months amid a prolonged US–Iran war, according to Seshadri Sen, Head of Research and Strategist at Emkay Global Financial Services. However, Sen…
Most traded stocks today: The Indian stock market traded volatility in the intraday session on Tuesday, March 17, amid persisting concerns over rising crude oil prices driven by the US-Iran war, which has entered its third week, the rupee’s weakness, and massive foreign capital outflow. The Nifty 50 opened at 23,493.20 against its previous close…
Central Mine Planning & Design Institute IPO: Amid heightened stock market volatility due to increased geopolitical risks, the initial public offering (IPO) of Coal India-backed Central Mine Planning & Design Institute is set to open for public subscription on Friday, March 20, and will remain open till Tuesday, March 24. The anchor investor bidding date…
Uber isn’t the only issue. On Monday, China’s BYD, Korea’s Hyundai Motor, Japan’s Nissan, and others announced plans to adopt DRIVE for their autonomous driving programs. That will boost the number of cars with advanced driver assistance technology, creating more competition for Tesla’s Full Self-Driving product. Source
SBI Life-owned NBFC stock: SBI Life-owned non-banking financial company (NBFC), Paisalo Digital, informed investors through an exchange filing today, March 17, that it had successfully raised funds through an External Commercial Borrowing (ECB) transaction amounting to USD 15 million. This maiden ECB issuance represents a strategic step aimed at broadening the company’s funding mix and…
Amid the relentless rise in crude oil prices since the onset of the US-Iran war, investors have grown cautious, as oil-led price increases could impact the global economy, with economists now warning that higher crude oil prices could push the world’s largest economy closer to a recession. Mark Zandi, Chief Economist at Moody’s, warned that…
So far in 2025-26, only three banks—Bank of India, Bank of Baroda, and Axis Bank—have tapped infrastructure bonds, raising a total of ₹25,000 crore, as against ₹Rs 94,488 crore raised by 11 lenders a year ago, according to ratings firm Icra Ltd. Source
Nifty crosses 23,600, will the rise be sustainable tomorrow? Know tomorrow’s important levels from experts Nifty Prediction for, 18 March : After the huge fall in the stock market in the last few days, a good strength was seen in Tuesday’s trading session. Nifty closed near 23,600 and Bank Nifty closed at 54,900. However, crude…
Its share of the free sale component from this project is expected to be 1.72 msf in RERA carpet area. The project can command ₹50,000-55,000 per ft, implying a gross development value (GDV) or revenue potential of ₹9,000-10,000 crore, estimates JM Financial Institutional Securities. Source
