Sebi on Monday proposed a sharp reduction in the minimum investment required from individual investors in social impact funds to Rs 1,000 from the existing Rs 2 lakh, in a move aimed at widening retail participation and easing fundraising for not-for-profit organisations (NPOs) on the Social Stock Exchange (SSE).
Indian markets extended gains as Nifty and Sensex rose for a second session, led by financials, auto and consumer stocks. Nifty crossed 25,800, reclaimed key averages and signalled bullish momentum, with analysts eyeing 26,000–26,200 while support holds near 25,650 zone.
Investor Mukul Agrawal bought 20 lakh shares each in Tracxn Technologies and Laxmi India Finance via bulk deals. The purchases triggered sharp stock gains despite both smallcaps remaining steeply below recent highs and IPO or yearly levels for investors now.
Americans are feeling more optimistic about inflation and job prospects. A Federal Reserve report shows less worry about prices rising soon. People also feel more secure in their jobs and expect it to be easier to find new ones. This positive shift is good news for the Federal Reserve as they manage the economy.
Nifty closed higher for a second session as broad-based buying lifted financials, auto and consumer stocks. The index crossed 25,700, reclaimed key averages, and shows bullish momentum, with analysts eyeing 26,000–26,200 while support holds near 25,650 in the short term.
Zydus Lifesciences posted strong Q3 results with revenue up 30% to Rs 6,864.5 crore, driven by consumer wellness and overseas markets. Profit growth was muted by one-time costs, while EBITDA rose 31%, reflecting scalable operations and demand across geographies.
Marico will acquire a 75% stake in Vietnam-based D2C beauty firm Skinetiq for Rs 350 crore valuation, strengthening its premium beauty and international D2C strategy. The deal allows Marico to buy remaining shares post FY28, subject to milestones achievement criteria.
Muthoot Microfin reported a sharp Q3 turnaround, with net profit jumping over sixteenfold to Rs 62.4 crore as provisions and credit costs fell. Asset quality improved, margins inched up, while loan growth remained steady amid sector recovery in India markets.
BSE Q3 Results: BSE reported a 174% jump in its December quarter consolidated net profit at Rs 602 crore compared to Rs 220 crore reported in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the holding company.
Bajaj Electricals Ltd on Monday reported a consolidated net loss of Rs 34.10 crore for the September quarter of FY26 due to contraction in gross margin and impact from new labour codes.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.