Analysis Financial News

Subscribe to enjoy similar stories. While equities have been sliding since late 2024, gold has been on a tear. The run-up in gold prices means the union government faces a much higher liability on payouts in its sovereign gold bond (SGB) scheme, which was introduced in 2015 and raised funds in 67 tranches.

Subscribe to enjoy similar stories. AI agents aren’t yet trusted by enterprises for high-stakes tasks like financial transactions or hiring new workers. OpenAI hopes that will start to change as its AI—especially its so-called reasoning models—improve.

Ben Powell, Chief Middle East and APAC Investment Strategist, BlackRock Investment Institute, says we at BlackRock are still very much on board with the India bull story, while being respectful of the short-term sell-off which clearly has fed on itself. India is on a journey to exist as a standalone investment destination and that is going to become more and more the case in the quarters and years ahead. We have discussed the US. We have discussed China. Where is India? Did I miss it? Ben Powell: India is doing very well. I am here in the UAE. We had a huge cricket event over the weekend. India was triumphant. India, I still think is in this temporarily tricky spot of risk slightly feeding on itself. You have had a market which perhaps got a little bit ahead of itself several months ago and that was ripe, it turns out, for a little bit of a downdraft and that is now feeding on itself to some degree.

The Nikkei index fell 0.64% to close at 36,793.11, after falling to as low as 35,987.13, its lowest since September 17.

Subscribe to enjoy similar stories. When considering the sale of significant investments like shares and securities, vacant plots, and house properties, the timing of the transaction can have substantial financial implications. From the point of view of tax planning, the end of the fiscal year is the most important time to plan the sale of assets.

IPO (Initial Public Offering) market, achieving unprecedented milestones in terms of funds raised, investor participation, and listing activity. With a record haul of $20.5bn (approx Rs 1.6 lakh crore) raised, India has surpassed its previous high of Rs 1.18 lakh crore in 2021, becoming the second-largest IPO market globally after the United States. October 2024 was a standout month, with Rs 38,700 crore raised — the highest ever for any single month in Indian history. This included blockbuster IPOs like Hyundai Motor and Waaree Energies, with Hyundai’s offering alone raising Rs 27,870 crore – India’s biggest to date. Despite market volatility, the Indian IPO Market is set to maintain strong momentum in 2025, with several marquee names gearing up for public listings.

silver May futures contracts were trading at Rs 96,820/kg, up by 0.37% or Rs 355. Gold prices have surged by Rs 260/10 grams in the last one week while silver prices went up by Rs 560/kg in the same period.

Subscribe to enjoy similar stories. There may be a silver lining in the official weather agency’s warning of a more intense summer this year. Products such as air conditioners, coolers, and beverages could see particularly strong sales because of above-normal temperatures, providing relief for consumer-focused companies amid the ongoing slowdown in India’s urban consumption.

Sri Nachammai(up 16.96%), Kreon Financial(up 16.47%) and Pasupati Acrylon(up 15.49%) were among the stocks that surged over 15%.

ICICI Bank Ltd.(up 1.78 per cent), Canara Bank(up 1.23 per cent), State Bank of India(up 0.53 per cent), Bank of Baroda(up 0.33 per cent) and HDFC Bank Ltd.(up 0.19 per cent) were among the top gainers.

"SBI is certainly within the public sector framework, it is the best within the lot. But if my choice has to be there, today I would prefer to go with Kotak and ICICI," says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. What are your thoughts on IndusInd Bank? What is it that you have made of these discrepancies in their accounting balances, estimating an adverse impact of nearly about 2.35% on their net worth as of December 2024. We have of course seen the stock take quite a bit of hit yesterday itself when Sumant Kathpalia’s extension got shortened to one year and not three years. But other than that, now that it seems that in the interim IndusInd Bank is not going to be really the preferred one, which of the private banking names do you prefer right now if you were looking to add positions in this current market? Deven Choksey: It is a challenging activity business-wise for most of the banks. On one side, they have to cope up with the technology front for reaching out to their customers and efficiently processing the loans and collecting the deposits.

Nagarjuna Fertilizers and Chemicals Ltd.(up 2.95%), Krishana Phoschem Ltd.(up 2.42%), Bohra Industries Ltd.(up 1.99%), Aries Agro Ltd.(up 1.15%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.10%), Southern Petrochemicals Industries Corporation Ltd.(up 0.85%) and Madhya Bharat Agro Products Ltd.(up 0.55%) were among the top gainers.

Domestic benchmark index NSE Nifty fell 58.35 points to 22401.95, while the BSE Sensex traded 271.02 points down at 73844.15.

Lexus Granito(India)Ltd.(up 2.73%), Pokarna Ltd.(up 1.47%), Oriental Trimex Ltd.(up 1.36%), Aro Granite Industries Ltd.(up 1.03%) and Sandur Manganese & Iron Ores Ltd.(up 1.03%) were among the top gainers.

Dangee Dums Ltd.(up 1.10%), Vadilal Industries Ltd.(up 1.06%), Jyothy Labs Ltd.(up 1.01%), Adani Wilmar Ltd.(up 1.01%), Dabur India Ltd.(up 0.94%), Britannia Industries Ltd.(up 0.79%), Nestle India Ltd.(up 0.77%), Colgate-Palmolive(India)Ltd.(up 0.52%), Hindustan Unilever Ltd.(up 0.50%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.26%) were among the top gainers.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Today Live Updates: The NIFTY GS 15 Yr Plus at (0.1%), NIFTY GS 10 Yr at (0.09%) & NIFTY GS 8 13 Yr at (0.08%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.34%), NIFTY Smallcap 250 at (-1.34%), NIFTY India Digital at (-0.78%) are currently the low performing sectors Nifty 50 Today Live Updates: The Nifty 50 opened at 22345.95 (-0.51%) , -114.75 points lower than the previous closing.

Subscribe to enjoy similar stories. For decades, scientists have been on the hunt for an antiaging drug. Now, some say we may have already found it.

NLC India shares fell 2.5% to their day's low of Rs 214.65 on the BSE on Tuesday after the company received in-principle approval from its board of directors to raise external commercial borrowings (ECB) equivalent to $200 million in Japanese Yen, with an additional green shoe option. The decision was made at the board meeting held on March 10, 2025. «The Board of Directors of the Company, at their meeting held on Monday, 10th March 2025, has, inter alia, considered and in-principally approved the borrowing of External Commercial Borrowing within an overall ceiling of Japanese Yen equivalent to $200 million, with an equivalent green shoe option,» NLC India stated in an exchange filing.

The Nifty future closed negatively with losses of 0.63% at 22,507 levels on Monday. India VIX rose nearly 4% to close at 13.98 in the previous session.

Nifty traded lower on Tuesday, tracking a broad sell-off in Asian markets after Wall Street slumped overnight amid recession fears in the U.S. Selling pressure was seen across all sectors. The BSE Sensex was down 375 points, or 0.51%, at 73,739, while the Nifty50 declined 140 points, or 0.62%, to 22,320 around 9:18 am.

Defence stocks, once the darlings of the market in 2024, are roaring back to life after a brutal correction. The sector, which witnessed a blistering rally last year amid rising global tensions and surging exports, saw a sharp selloff as high valuations, budget disappointments, and profit-booking took hold. Just when investors were questioning the long-term growth trajectory, Europe’s stunning $850 billion defence rearmament plan has flipped the script in Dalal Street’s favour. With Europe scrambling to fortify its military capabilities, Indian defence giants are in prime position to ride this global wave of rearmament.