Why did Sensex, Nifty surge nearly 1% despite Israel-Iran conflict? Here’s what experts say

Every fresh negative headline may cause temporary jitters, but the broader trend remains bullish, says a market expert   The benchmark indices Sensex and Nifty rose nearly 1 percent on Monday, driven by gains in IT and oil stocks, value buying and a rebound in global equities amid easing crude oil prices despite tensions in…

Defence funds are exploding with 60% gains — too late to invest or just the beginning?

Defence mutual funds have emerged as the hottest theme on BSE and NSE, delivering up to 60% returns in just three months. Backed by record defence exports, strong government orders, and rising geopolitical tensions, investors’ interests have soared.   With strong government backing and escalating geopolitical tensions, India’s defence sector has emerged as a standout…

India’s Q4FY25 GDP surges to 7.4% as construction and services lead, economic growth hits 4-year low

Nominal GDP surged by 9.8% over the previous year, reaching ₹330.68 lakh crore, while real GDP at constant prices touched ₹187.97 lakh crore. The fourth quarter alone saw nominal GDP jump 10.8% to ₹88.18 lakh crore.   India’s economy clocked a 6.5% growth in real GDP for FY 2024-25, according to provisional estimates released by…

Chetak’s surge pushes Bajaj Auto close to EBITDA break-even in EV segment

Backed by rising volumes, cost efficiencies, and PLI support, Bajaj Auto is narrowing losses that once weighed heavily on its EV portfolio.   Bajaj Auto’s electric scooter, Chetak, led the electric two-wheeler segment in the January–March quarter of FY25. Following the roaring success of Chetak, Bajaj Auto is nearing EBITDA break-even for the electric scooter…

More than half dozen IPOs likely to open in June; estimated fund raising to be around Rs 8,000 crore

The IPOs of Sri Lotus Developers & Realty (Rs 800 crore), Travel Food Services (Rs 2,000 crore), Laxmi India Finance (Rs 200 crore), Indogulf Cropsciences (Rs 300 crore) and NSDL (Rs 3,000 crore) are likely to be launched in June, say market sources. The month of June is likely to see more than half a…

‘Targeted those who killed innocents’: Rajnath Singh on Operation Sindoor

Speaking at an event in New Delhi, Defence Minister Rajnath Singh commended Indian armed forces for carrying out precision strikes on terror camps in Pakistan and Pakistan-occupied Kashmir   Lauding the Indian armed forces for ‘Operation Sindoor’, Defence Minister Rajnath Singh on Wednesday said the action eliminated those who targeted and killed innocent civilians. He was…

Nifty at 22,000: 5 reasons Axis Securities believes market near a bottom

From key moving averages, momentum oscillators to historical price trends – Axis Securities in its report highlights the key metrics in its argument that the Nifty may be near a bottom this March.   The NSE Nifty 50 index has shed 7 per cent thus far in the calendar year 2025, and declined over 16 per cent…