MFs near parity with FIIs as ownership gap hits record low: Prime Database

The share of FIIs declined further to a 13-year low of 16.71 per cent as on September 30, 2025 (down from 17.05 per cent on June 30, 2025), while MF holdings rose to an all-time high of 10.93 per cent Domestic mutual funds (MFs) are rapidly catching up with foreign institutional investors (FIIs) in Indian…

Groww IPO opens for bidding: Check GMP, price band, key dates, review

    Ahead of its IPO, Groww raised ₹2,985 crore from 102 institutional investors through an anchor book on November 3. Groww IPO: The initial public offer (IPO) of Billionbrains Garage Ventures, the parent company of the Indian online investment platform Groww, opens for public subscription on Tuesday, November 4, 2025. The ₹6,632.3 crore mainline…

Nifty 50 seen hitting 26,800 by March in Goldilocks scenario, says Axis Securities; shares top 15 stock picks

Axis Securities predicts a potential Nifty 50 target of 26,800 by March 2026, contingent on favorable market conditions. The firm highlights 15 stocks across various market caps for investors, reflecting confidence in India’s long-term growth trajectory amidst evolving economic conditions. The Nifty 50 could touch 26,800 by March 2026 in a Goldilocks scenario of an…

Trump hails ‘great meeting’ with Xi; says China to restart US farm products, explore Alaska energy deal, act on fentanyl

Trump said he had a “truly great meeting” with Chinese President Xi Jinping, calling it a breakthrough that strengthened bilateral ties. Trump claimed China agreed to resume large-scale purchases of US farm goods, oil, and gas, while pledging cooperation on rare earth exports and fentanyl control. US President Donald Trump said he had a “truly…

SBI, BoB, PNB among 5 PSU Bank stocks that can rally up to 17%; say charts

PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts. Shares of state-run banks have rallied up to 5 per cent in the last two trading sessions even as the NSE Nifty 50 index took a…

India’s industrial output growth remains unchanged at 4% in September

Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…

India clears ₹5,532 crore worth of projects under ECMS to boost electronics component manufacturing

Union Electronics and IT Minister Ashwini Vaishnaw emphasised that the projects are expected to reduce India’s electronics import bill by ₹18,000–20,000 crore annually, while enabling domestic value addition of up to 40 percent — on par with China’s current levels.  In a significant move to strengthen India’s electronics manufacturing ecosystem, the government has approved seven…

Big boost for Indian Armed Forces: Centre clears ₹79,000 crore proposals for Army, Navy, IAF

The Defence Acquisition Council (DAC), chaired by Raksha Mantri Rajnath Singh, has approved various proposals for the Armed Forces amounting to a total of ₹79,000 crore, the government said. In a major boost for India’s defence sector, the Centre has cleared projects worth ₹79,000 crore for the Indian Armed Forces, the Ministry of Defence said…

Sensex gains 485 points, Nifty 50 ends above 25,700; what drove the Indian stock market higher? 5 key factors explained

The Sensex ended 485 points, or 0.58 per cent, up at 83,952.19, while the Nifty 50 ended at 25,709.85, up 125 points, or 0.49 per cent. The BSE Midcap and Smallcap indices ended with losses of 0.43 per cent and 0.49 per cent, respectively. Stock market today: Extending gains to a third consecutive session, Indian…

India bluntly rejects Trump’s claim on New Delhi agreeing to stop Russian oil purchase: ‘Not aware of any conversation’

India bluntly rejects Trump’s claim on New Delhi agreeing to stop Russian oil purchase: ‘Not aware of any conversation’ India on Thursday, October 16, strongly rejected United States President Donald Trump’s claim that New Delhi had agreed to stop purchasing oil from Russia, indicating that the claims were wrong. Responding to media queries, the Ministry…