Indian Bank is gearing up to reach a massive ₹35 lakh crore business milestone by 2032, surpassing ₹15 lakh crore in June. The bank is focusing on MSMEs, digital transformation, and corporate social responsibility to achieve its target.
The Indian IPO market is gearing up for a strong debut as MV Electrosystems and Juniper Green Energy shares are set to list on the stock exchanges on August 6. Investors should note that GMP is an unofficial market indicator and can change before listing.
The Reserve Bank of India (RBI) has maintained the policy repo rate at 5.25 per cent for the fourth consecutive time, while the BSE Sensex closed 152 points higher at 78,581. The RBI has also marginally upgraded India’s economic growth forecast for the current financial year to 6.7 per cent. Stay informed and adjust your portfolio accordingly.
Understand the PPF rules for NRIs, including eligibility, maturity, and investment details. Learn how NRIs can continue making contributions to existing PPF accounts and the implications of PPF maturity for NRIs.
Axis Direct maintains a bullish stance on Nifty, expecting earnings to sustain a 13%+ CAGR over FY23–28. Investors are advised to maintain good liquidity and build a position in companies with high earnings visibility.
Manipal Health Enterprises made a strong market debut on the BSE, listing at an 11% premium to the issue price. The company plans to use the fresh issue proceeds to repay or prepay borrowings of its subsidiary, Manipal Hospitals Pvt. Ltd. Investors should monitor upcoming quarterly results to assess the sustainability of margins.
Life Insurance Corporation (LIC) reveals its largest stock purchases and sales in the June quarter, with a total portfolio value of Rs 16 lakh crore. Find out the key sectors and companies that impacted LIC’s portfolio.
Stay ahead of market developments with our latest news on RBI MPC meeting outcome, stock market news, and key company updates. Find out which stocks to watch, including BSE, PB Fintech, Nykaa, Airtel, and LIC.
Nabard cancels its ₹8,000-crore bond issue due to high-yield bids from investors, highlighting investor caution in the primary bond market. Geo-political uncertainties and expected hawkish tone in monetary policy are influencing investor demands, leading to decreased corporate bond issuances.
Sundram Fasteners reports a 20% growth in consolidated revenue from operations to ₹1,846 crore in Q1’27, driven by a 14% rise in net profit to ₹169 crore. The company has earmarked ₹400 crore for capacity expansion initiatives and ₹250 crore for strengthening its presence in emerging sectors.
