Sensex and Nifty Extend Winning Streak as Banking & IT Stocks Lead the Rally

Sensex and Nifty Extend Winning Streak as Banking & IT Stocks Lead the Rally

Indian stock markets continued their upward momentum for the sixth consecutive session on Monday, driven by strong gains in banking and IT stocks. The rally was further fueled by foreign capital inflows and bargain buying, boosting investor confidence. At around 11:01 am, the BSE Sensex surged 919 points (1.19%) to 77,823, while the Nifty50 climbed…

Samvardhana Motherson Declares 50% Interim Dividend: Should You Buy?

Samvardhana Motherson Declares 50% Interim Dividend: Should You Buy?

Auto major Samvardhana Motherson has announced a 50% interim dividend for eligible shareholders, putting the stock under the bulls’ radar in the upcoming trading sessions. The company has set March 28, 2025, as the record date for the dividend, meaning investors holding shares on March 27, 2025, will be eligible for a dividend payment of…

IndusInd Bank Shares Surge 5% After RBI’s Reassurance on Financial Stability

IndusInd Bank Shares Surge 5% After RBI’s Reassurance on Financial Stability

On Monday, March 17, 2025, IndusInd Bank’s share price surged by 5%, reaching ₹707 on the BSE during intra-day trading. The rally came after the Reserve Bank of India (RBI) reassured depositors about the bank’s financial stability, following a sharp decline in its stock price due to concerns over an accounting error. Stock Price Volatility…

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially in the post-pandemic years. Over the past five years, their assets under management (AUM) have surged over 200%, and in the last two years alone, AMC stocks have delivered impressive returns. However, the current market correction has put mutual…

MTNL Shares Surge 18.4% on Asset Monetization Gains

MTNL Shares Surge 18.4% on Asset Monetization Gains

Mumbai, March 13: Shares of Mahanagar Telephone Nigam Ltd (MTNL) skyrocketed 18.4% in early trade on the BSE, reaching a day’s high of ₹51.30 on Thursday. The surge came after the company’s earnings of ₹2,134.61 crore from land and building asset monetization were disclosed in Lok Sabha by Minister of State for Communications Pemmasani Chandra…

Euro Surges to Five-Month High Amid Ukraine Ceasefire Talks, Markets Volatile on U.S. Tariff Uncertainty

Euro Surges to Five-Month High Amid Ukraine Ceasefire Talks, Markets Volatile on U.S. Tariff Uncertainty

Singapore, March 12 (Reuters): The euro soared to a five-month high on Wednesday as Ukraine signaled readiness to accept a month-long ceasefire, boosting investor sentiment. However, global stock markets remained volatile due to uncertainty over U.S. tariff policies and concerns about a U.S. economic slowdown. European Markets React to Ceasefire Talks Following news that Ukraine…

IndusInd Bank Shares Plummet 23% Amid Derivatives Portfolio Discrepancies

IndusInd Bank Shares Plummet 23% Amid Derivatives Portfolio Discrepancies

IndusInd Bank shares extended their losing streak for the fifth consecutive session, plunging 23% in morning trade on Tuesday, March 11, 2025. The sharp decline came after the private sector lender disclosed discrepancies in its derivatives portfolio, raising investor concerns over financial stability and risk management. Stock Hits 52-Week Low On the Bombay Stock Exchange…