Indian Market News

A potential breakthrough in the Ukraine war has emerged as U.S. President Donald Trump and Russian President Vladimir Putin have agreed to initiate peace negotiations. The announcement has already sent ripples across global markets, with oil prices f

Shares of several domestic metal companies surged by up to 5% on February 13 following remarks by Steel Minister HD Kumaraswamy regarding the potential implementation of safeguard duties on low-cost steel imports, particularly from China. India ma

Amish Shah, Head of India Research at Bank of America Securities, maintains a cautious stance on the market, forecasting that the Nifty will yield only single-digit returns in 2025—comparable to fixed-income investments. He remains particularly ske

On Wednesday, capital markets regulator SEBI released a consultation paper proposing amendments that would allow investment advisers (IAs) and research analysts (RAs) to charge advance fees for up to one year. Currently, investment advisers can co

The much-anticipated Income Tax Bill 2025 is set to be introduced in the Lok Sabha on February 13, 2025. The bill, spanning 622 pages with 536 sections and 23 chapters, aims to replace the outdated Income Tax Act, 1961, which has seen numerous amendm

ITC Ltd, a diversified conglomerate, is reportedly in early discussions with Norway’s Orkla ASA to acquire its Indian subsidiaries—MTR Foods Pvt Ltd and Eastern Condiments Pvt Ltd—for approximately $1.4 billion, according to Mint. This potentia

On February 13, the Indian rupee opened 8 paise higher against the US dollar as the dollar index weakened. The domestic currency began trading at 86.8013 and later moved to 86.8350 against the dollar. In the previous session, it had settled at 86.

Tata Steel is preparing to re-enter the corporate bond market after nearly a year, according to two sources familiar with the development. "The company is currently engaging with merchant bankers and investors, exploring various maturities, and wi

Helios Mutual Fund is launching the Helios Mid Cap Fund - Direct (G), an open-ended equity scheme focused on mid-cap stocks for long-term capital appreciation. The New Fund Offer (NFO) opens on February 20, 2025, and closes on March 6, 2025. Managed

Gold prices in India surged on February 13, tracking global trends and rising domestic demand. On the Multi Commodity Exchange (MCX), gold futures for April contracts opened at ₹85,700 per 10 grams, gaining further to ₹85,850 within the first 10

Consumer Price Index (CPI) inflation eased to a five-month low of 4.31% in January, marking its third consecutive monthly decline. Experts and economists anticipate a continued downward trend, primarily driven by moderating food prices. Data sugge

The market regulator has introduced the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA) platform, which will be managed by two Qualified Registrar and Transfer Agents (QRTAs)—Computer Age Management Services Limited (CAMS) and KFIN T