Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with HDFC Life acquiring the entire stake. The transaction reflects strong institutional interest in financial-sector stocks and does not indicate any change in promoter control.
In May the government said it would ‌impose tougher â rules â on money market funds, which were hit by heavy redemptions during a ​COVID-19-induced "dash for cash" and have been a focus of regulators since.
The Delhi-based company has developed few projects so far, including an industrial township, and holds a land bank of more than 300-acre for future real estate projects.
Warren Buffett’s quote highlights how herd behaviour can create temporary market realities detached from fundamentals. As investors chase trends, valuations may inflate beyond reason. However, such phases are short-lived, with fundamentals eventually prevailing. The lesson underscores the importance of discipline, independent thinking, and long-term focus in investing.
Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global AI trade unwind trigger sharp FII outflows. Banking, oil and IT stocks led declines, while pharma outperformed. Analysts warn of earnings downgrades, though valuations are turning attractive in select segments.
Carlsberg A/S is preparing to file draft papers for an IPO of its India unit as early as this month, sources said. The listing could raise up to $700 million (around Rs 6,650 crore) and is expected to be a secondary share sale by the Danish brewer. Kotak, JPMorgan and Citigroup are advising on the transaction, which may launch later this year.
India’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage initiated coverage with ‘Buy’ ratings on Arvind, Nitin Spinners and Sanathan Textiles, citing FTAs, tariff advantages over China, a strong domestic market and growing opportunities in technical textiles.
Indian stock markets face ongoing volatility from West Asian geopolitical events. Despite this, earnings prospects remain strong. Investors should focus on specific companies with solid growth drivers. Kotak AMC favors large and mid-cap stocks. Banking, healthcare, and industrials are seen as key growth sectors for FY27. IT sector faces challenges, while defence offers long-term growth.
IDFC First Bank shares dipped as the CBI conducted searches in connection with a Rs 646 crore fraud case. A forensic review by KPMG confirmed collusion involving bank employees, government officials, and third parties. The bank has compensated the affected government departments and is cooperating with authorities.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.