Recommendations Financial News

arbitrage mutual funds. Arbitrage funds look for arbitrage opportunities available between the cash and derivatives markets. In other words, the fund managers in these schemes look for the price difference that they can exploit between the cash and derivatives markets. They may also invest in debt securities and equities if there are no arbitrage opportunities available in the market. Also Read | What HDFC Mutual Fund bought and sold in February

Bajaj Auto will be in focus on Wednesday after the company’s board extended the appointment of Rajivnayan Rahulkumar Bajaj as the Managing Director & Chief Executive Officer for a further five years, starting April 1. They have also sanctioned an infusion of up to Rs 1,500 crore into the company's subsidiary, Bajaj Auto Credit, to be made in one or more tranches. The company informed on Tuesday that the current five-year term of appointment of Rajivnayan Rahulkumar Bajaj as the Managing Director & Chief Executive Officer of the Company is expiring on 31 March 2025. And, based on the recommendation of the nomination & remuneration committee, the Board of Directors has approved his re-appointment for another term of five consecutive years with effect from 1 April 2025.

IndusInd Bank shares will be in focus on Wednesday after Ashok Hinduja, chairman of IndusInd International Holdings Ltd (IIHL), said that the bank has not sought fresh capital from its promoters, despite a hit to its net worth due to an accounting discrepancy. IIHL, the investment arm of the Hinduja Group, recently received the Reserve Bank of India's (RBI) in-principle approval to increase its stake in IndusInd Bank from 16% to 26%.

Adani Green Energy shares will be in focus on Wednesday after five fundamental rights petitions against its wind energy projects in northeastern Sri Lanka were withdrawn. The petitions were withdrawn after the Attorney General filed a motion following Adani Green Energy's decision to cancel its wind energy projects and notify the Board of Investment.

Zydus Lifesciences shares will be in focus on Wednesday after the company secured final approval from the US Food and Drug Administration (USFDA) to manufacture a generic version of Apalutamide tablets, used to treat prostate cancer. The approval covers Apalutamide tablets of 60 mg strength, the company said in a regulatory filing. The drug will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad.

Gold has been on a relentless upward trajectory, and it is believed the highly anticipated Rs 1 lakh per 10 grams mark may not be too far off. With central banks continuing to accumulate gold, geopolitical risks persisting, and inflation concerns lingering, the gold rally shows no signs of stopping. Anuj Gupta, Head of Commodities & Currencies at HDFC Securities, remains optimistic about gold’s continued rally, citing strong demand, global uncertainty, and central bank purchases as key drivers.

Mercury Retrograde arrives to shake things up. Although this planetary event is frequently blamed for confusion and miscommunication, it does not always spell doom for love. Astrologer Lisa Stardust explains how each zodiac sign can maximize its potential. Every sign of the zodiac is predicted to experience major astrological implications from Mercury Retrograde, a quarterly occurrence in March. Mercury, which is thought to be the planet of transportation and communication, moves backwards because its orbital speed differs from Earth's. This has important astrological ramifications, even though it might not have much of an impact on daily life. Although Mercury retrogrades are frequently interpreted as periods of uncertainty and chaos, different astrologers have differing views on what this means for each sign.

The FIIs complemented the domestic institutional investors (DIIs) who purchased shares worth Rs 2,534.75 crore today.

Starlink is likely to be subjected to a spectrum usage charge (SUC) in India, a levy that had been scrapped for terrestrial network providers such as Reliance Jio, Airtel, and Vodafone Idea a few years ago, ToI reported citing sources. If imposed, the tax will increase costs for the Elon Musk-led satellite communications company in India. The potential charge adds to the challenges Starlink is already facing as it negotiates strict compliance mandates related to internet suspension and interception. Sources told ToI, Starlink, which is set to receive telecom airwaves through administrative allocation under the new telecom law passed in December 2023, may have to pay around 3% SUC on its adjusted gross revenue from the country.

Bangalore within the next decade by investing Rs 1.04 lakh per month across four mutual funds. At just 24 years old, with a high-risk appetite and a 10-15 year investment horizon, the investor has put money into Parag Parikh Flexi Cap Fund, Nippon India Small Cap Fund, Nippon India Large Cap Fund, and Quant Mid Cap Fund. Also Read | 2 out of 3 equity mutual funds outperform benchmarks in FY25. Which one do you own?

Subscribe to enjoy similar stories. A recent report by an investment bank says that the three biggest areas of focus on the economic-policy front for the Indian government right now are striking bilateral trade deals, stepping up investments in strategic industries such as semiconductors and reducing the burden of regulation on firms as well as citizens. The new Economic Survey written by officials in the finance ministry made a compelling case on how a surfeit of outdated regulations hold back the growth of firms, especially smaller enterprises that drive job creation.

equity mutual funds have managed to outperform their respective benchmarks so far in the financial year ending on March 31, 2025, an analysis of performance of equity mutual funds showed. There were around 268 equity mutual funds in the market. Out of 268 equity mutual funds, 176 funds have outperformed their respective benchmarks. In other words, only 92 equity mutual funds failed to beat their respective benchmarks.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Bank Nifty Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last recorded day, the Bank Nifty closed at 48,060.40. This closing price reflects the performance of the banking sector in the Indian stock market, indicating investor sentiment and market trends.

IREDA shares may remain in the spotlight on Tuesday, March 18, after the company’s board approved a Rs 5,000 crore enhancement in the borrowing program for FY 2024-25. According to the official statement, the additional borrowing will be raised through multiple instruments, including Taxable Bonds, Sub-ordinated Tier-II Bonds, Perpetual Debt Instruments (PDI), term loans from banks and financial institutions (FIs), credit lines from international agencies (multilateral and bilateral agencies), External Commercial Borrowings (ECB), short-term loans, and WCDL from banks.

Stocks that were in focus include names like HAL, which rose 1.3% and BEL, which declined 0.06% and KPIT Tech, whose shares gained 3.2% on Monday.

Subscribe to enjoy similar stories. A leader in power generation, NTPC offers consistent performance. It is also expanding into renewable energy, which makes it a resilient option.

Subscribe to enjoy similar stories. India’s benchmark index, Nifty 50, opened lower on Monday, 17 March, but rebounded as buying interest emerged at lower levels, pushing it into positive territory. The index closed 112 points higher (+0.50%) at 22,509.65, forming a bullish candle.

Adani Green Energy (AGEL) refinanced a $1.06 billion construction facility which was due March 2025, bond analysts are recommending that investors suggest targeted bond buybacks to the Adani Group to reduce risk and manage the large volume of debt coming due. The new facility is reportedly borrowed at a weighted life of 19 years, and now carries a funding cost of 9.2%. The loan it refinanced was taken in 2021 to develop wind-solar hybrid projects.

In a stock exchange notice today (17 March), HEIT's board said the current proposal, which values the company at 84p per share and represents a 29% premium to the closing share price of 65.2p on 14 March 2025, «delivers a superior outcome» for the trust's shareholders.  «As a result, the HEIT board has indicated to Foresight that, should a firm offer be made on the financial terms set out above, it would be minded to recommend such an offer to HEIT shareholders, subject to the agreement of the other terms of the offer,» the company said. Care REIT agrees to £448m cash acquisition by C...

capital markets reeled under negative investor sentiment, new demat account additions fell to their lowest level since May 2023, according to a report by domestic brokerage firm Motilal Oswal. The report states that only 2.3 million new demat accounts were opened in February 2025, down from 2.8 million in January 2025. Historically, demat additions have slowed during phases of weak market performance, reflecting a downturn in retail investor participation, the brokerage firm said.

«So, the bias is positive and the breakout on the index will happen above 22,750 on Nifty on the upside and on the downside the texture could deteriorate only if we break 22,100,» says Aditya Arora, Adlytick. Nifty has been sideways for the last five to six consecutive sessions. When are we going to really pick up a trend? Aditya Arora: The market is consolidating with positive bias. Although market is consolidating in a tight range of 22,200 to 22,700, but a lot of midcaps and smallcaps are doing well. A lot of sectors are coming out of that beaten down space where every day it was a red day, but now we see green days.