Brokerage firm Emkay Global Financial Services, said, in a note, that there are enough reasons for the RBI to depart from its recent guidance, deliver a further 25bps easing in October, and adopt an open-ended policy approach/guidance for more easing ahead. The Reserve Bank of India (RBI) has started its three-day Monetary Policy Committee…
While the manufacturing sector recorded growth of 3.8 per cent in August, the electricity sector grew by 4.1 per cent, and the mining sector registered 6.0 per cent growth during the same period The Index of Industrial Production (IIP) growth rate in August stood at 4 per cent, against 3.5 per cent in July, driven…
Moody’s Ratings on Monday affirmed India’s long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at Baa3 with a ‘Stable’ outlook on the back of robust economic growth and sound external position. The global rating agency also affirmed India’s other short-term local-currency rating at P-3. “The rating affirmation and stable…
Stock market crash: The Sensex fell 827.27 points, or 1.01 per cent, to an intraday low of 80,332.41, while the Nifty50 dropped 261.4 points, or 1.05 per cent, to 24,629.45 levels. The benchmark Indian equity indices continued to trade lower on Friday, for the sixth consecutive session, following US President Donald Trump’s latest tariffs targeting…
The Nifty50’s index rebalancing will come into effect from September 30, 2025, forcing MFs and ETFs managers to buy and sell their holdings in IndusInd Bank, IndiGo, Max Health, Hero MotoCorp Come next week, and shares of Hero MotoCorp, IndusInd Bank, and IndiGo (InterGlobe Aviation) will see a massive churn in investor holding with…
The fund, according to the AMC, is designed to deliver FD-plus returns with low volatility, combining equity, debt and derivatives. The fund’s derivative strategies will operate within a universe of the nearly 200 F&O stocks, primarily large- and mid-cap names, selected for strong fundamentals and liquidity. SBI Mutual Fund has launched Magnum Hybrid Long…
Jio BlackRock enters active equity space with FlexiCap Fund, leveraging BlackRock’s SAE approach and offering a low 0.5% expense ratio via direct channels Jio BlackRock Mutual Fund (MF) on Tuesday announced its entry into the active equity space with the launch of the Jio BlackRock FlexiCap Fund. The fund house plans to stand…
During April-August of this fiscal year, the eight infrastructure sectors expanded by 2.8%, compared to a rise of 4.6% in the same period last year India’s eight key infrastructure sectors’ growth jumped to a 13-month high of 6.3% in August 2025 on account of expansion in coal, steel, and cement production, according to official…
The revocation of the sanctions waiver comes as a challenge for India, as it is involved in the development of a terminal at Chabahar Port India on Friday said it is currently examining the implications of the United States (US) revoking the sanctions waiver for Iran’s Chabahar port. In a press briefing, the Ministry…
At the closing bell, the Sensex advanced 313.02 points, or 0.38 per cent, to 82,693.71, extending its two-day winning run by 907 points. State Bank of India (SBI) emerged as the top gainer on the Sensex, climbing 2.91 per cent to Rs 856.00. Bharat Electronics (BEL) advanced 2.41 per cent. Domestic equity benchmarks extended their…