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Indias PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.
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News and Media
Ethics experts said the U.S. president's family crypto initiatives create an unprecedented conflict of interest
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News and Media
Skills and talent development firm NIIT Ltd on Tuesday posted 88.4 per cent decline in consolidated net profit at Rs 1.37 crore for September quarter FY26, although revenues rose by 15.6 per cent.
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News and Media
Indian markets experienced a volatile trading session. The Nifty index is currently consolidating between 25,700 and 26,104. Analysts suggest a cautious approach, focusing on outperforming sectors like metals and PSU banks. Specific stock recommendations include Tata Steel and IIFL. Investors are advised to monitor the rupee's movement against the dollar closely.
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News and Media
CarTrade Tech shares jumped 13% to a 52-week high of 3,008.95 after the companys Q2 net profit more than doubled to 64.1 crore, up 109% YoY and 36% QoQ, driven by strong revenue growth and improved margins.
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News and Media
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