Max Financial Services Share: Max Financial Services shares fell in early trade on Friday, March 13, after the company’s board approved a proposal to raise funds up to ₹2,000 crore. This capital raising scheme can be implemented through QIP i.e. Qualified Institutional Placement or other means. The company can raise this capital in one or…
The National Stock Exchange of India Ltd (NSE) has concluded the selection of merchant bankers, law firms, and other intermediaries for its proposed initial public offering (IPO). India’s largest exchange appointed 20 merchant bankers to manage the mega share sale, including the Indian units of Morgan Stanley, Citigroup, JP Morgan and HSBC Securities. Domestic firms…
Nifty has slipped as the US-Israel conflict with Iran escalates, reigniting crude worries and reviving FPI selling. History shows markets rebound quickly from geopolitical shocks. But with oil near $80 and growth priced in, this crisis could test that resilience. Source
India’s benchmark stock indices slumped about 3% intraday, as finance minister Nirmala Sitharaman’s decision to raise securities transaction tax (STT) on futures and options (F&O) trades spooked investors. Higher-than-expected government borrowings for the next financial year starting 1 April also worried investors, as the move could spike interest costs for businesses and make sovereign debt…
The BSE Sensex closed the week 0.9% higher at 82,269.78 on Friday, while the Nifty50 advanced 1.1% to 25,320.65. Yet, despite the weekly rebound, the benchmarks ended January in the red. The Nifty50 lost 2.4% during the month, while the BSE Sensex shed 2.8%, marking their weakest monthly showing since February 2025, when the markets…
While declining to comment on possible budget measures, Anthony Heredia, managing director and chief executive officer of Mahindra Manulife Mutual Fund, said that policy measures aimed at boosting foreign capital flows, either directly through tax incentives or indirectly, could help create economic momentum. After underperforming global peers for a year amid high valuations and low…
This contrast often creates confusion. On the surface, elevated valuations should make these stocks vulnerable. But markets don’t look at valuation in isolation, especially during corrections. Instead, they tend to differentiate between stocks where confidence breaks quickly and those where conviction remains intact. This is why some high P/E stocks stay resilient when the market…
MUMBAI : India’s market regulator is closely scrutinizing new fund offers (NFOs) for portfolio overlap with existing schemes, even though its draft proposals on overlapping stocks in mutual fund schemes are yet to be notified. In an 18 July consultation paper, the Securities and Exchange Board of India (Sebi) proposed that mutual funds ensure that…
Union Budget, the mega annual event that sets the tone for markets and shapes sectoral opportunities for investors, is just half a month away. This makes it an ideal time for investors to assess how they should prepare their portfolios to benefit from the policy-led announcements that Finance Minister Nirmala Sitharaman is set to unveil…
MUMBAI: Domestic equities were shaken by the ‘Trump factor’ throughout the week, leaving India the worst-performing major market globally as risk-off sentiment gripped investors. Markets struggled amid a trio of US-driven shocks. Sentiment was hit by Friday’s announcement that US Commerce Secretary Howard Lutnick signaled a delay in the India-US trade agreement. Concerns deepened as…
