Indian Market News

Groww has announced the launch of its Groww Nifty India Railways PSU Index Fund – Direct (G), an open-ended scheme designed to track the Nifty India Railways PSU Index - TRI. This fund aims to provide long-term capital appreciation by investing in

Shares of Indraprastha Gas Ltd (IGL) rose in early trading on January 7, buoyed by news that Maharashtra Natural Gas (MNGL), a subsidiary, is preparing for an Initial Public Offering (IPO). International brokerage Citi Research reaffirmed its positiv

India is urging states to attract more private investment to accelerate the development of its power transmission network, as part of a broader strategy to modernize the grid and support the growth of renewable energy. According to a report by the

Shares of Gensol Engineering Ltd. surged by 8.6% to ₹759 per share on January 6, following the announcement of a substantial contract win. The company has secured an engineering, procurement, and construction (EPC) contract from a prominent Public

The Kotak Nifty SmallCap 250 Index Fund – Direct (G), launched by Kotak Mahindra Mutual Fund, is an open-ended index fund aimed at tracking the performance of the Nifty SmallCap 250 Index. The scheme seeks to provide returns that closely correspond

On December 31, 2024, the Securities and Exchange Board of India (SEBI) announced the introduction of the Mutual Funds Lite (MF Lite) framework, specifically designed for passively managed mutual fund schemes. The MF Lite framework covers mutual f

On January 6, benchmark indices Nifty 50 and Sensex started the session on a positive note, buoyed by gains in the Consumer Durables and IT sectors, though public-sector bank stocks lagged behind. As of 9:15 am IST, the Sensex climbed 94.07 points

Shares of Kotak Mahindra Bank declined by over 1% to ₹1,808 on January 6 following the resignation of a key senior executive. The bank’s Chief Operating Officer (COO) and Chief Technology Officer (CTO), Milind Nagnur, has stepped down, citing per

Indian Metals & Ferro Alloys (IMFA), a small-cap metal company, witnessed a significant surge of nearly 5% in early morning trade on Monday, January 6, after the December quarter (Q3) shareholding pattern revealed ace investor Dolly Khanna's stak

Shares of Suzlon Energy Ltd. are set to be in the spotlight during Monday's trading session following an Income Tax demand of ₹1.01 crore for the financial year 2016-17. The Ahmedabad Income Tax Department issued the demand, which relates to a pena

Stock exchange data has confirmed that a group of operators engaged in front-running trades involving the US-based investment firm Tiger Global’s shares in PB Fintech. The Securities and Exchange Board of India (SEBI), in its January 2 order, refer

Veteran emerging market investor Mark Mobius asserts that India's export-driven companies are well-positioned to benefit from a weakening Rupee and the incoming Trump administration's policies. He suggests that India, thanks to recent economic reform