HDFC Bank's shares surged, attracting billions, with FIIs reducing stakes. Analysts predict a significant increase in the MSCI index weight, potentially doubling inflows. The bank's NSE shares closed higher, reflecting positive investor sentiment.

Allied Blenders and Distillers, after a successful IPO, intends to use ₹720 crore from the fresh issue to repay outstanding borrowings and for general corporate purposes. The company's strategic financial decisions align with its growth objectives and market positioning.

Banks under new regulations can flag exporters with outstanding amounts, ensuring timely realization of proceeds. Transparency and efficiency are prioritized in export-import transactions, benefiting businesses of all sizes.

Market anticipates Nifty consolidation post-profit booking. Brent crude, US WTI futures rise on strong fuel demand hopes. Currency markets stable as rupee weakens. FIIs cut net long positions, adding to market uncertainty.

Indian markets corrected impacting shares of YES Bank, DMart, and Kotak Bank. Despite this, Zomato and Hindustan Zinc were affected, with DMart reporting increased revenue. Additionally, HDFC Bank's weight in the index may increase, as YES Bank reported growth in loans. Force Motors sales declined, KEC International secured new orders, and IEX saw an increase in electricity volume.

Market euphoria as S&P 500 hits records, Calvasina bullish. Job openings up, Fed's easing stance challenged. Eyes on US payrolls data for June update.

Hindenburg termed the Sebi’s notice, dated June 26, as “nonsense, concocted to serve a pre-ordained purpose, an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India”. Apart from the research firm, its founder Nathan Anderson, Mark E Kingdon, Kingdon Capital Management, Kingdon Offshore Master Fund and K- India Opportunities Fund (KIOF) - Class F, too, were served the notice.

GHCL, a small-cap chemical stock, hit a 52-week high in September 2023 but subsequently declined. After bottoming out in March 2024, the stock regained momentum but failed to sustain it. It witnessed resistance above 500 levels but found support above 50 and 100-DMA in May and June, respectively, on the daily charts. In terms of price action, the stock is now trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100, and 200-DMA — a positive sign for the bulls.

Powell told a panel that recent economic data represented "significant progress," though noting the Fed needed to see more before changing policy. Meanwhile, Chicago Fed President Austan Goolsbee noted he sees some "warning signs" of economic weakness and that central bank's goal is to get inflation down without stressing the labor market.

The Godrej family announced a settlement—according to which the Adi-Nadir and Jamshyd-Smita families would buy out each other’s stakes for zero consideration in each other’s companies. While the Adi and Nadir Godrej faction now known as Godrej Industries Group (GIG) controls Godrej Industries , Godrej Properties and Godrej Consumer Products, the Jamshyd Godrej family now Godrej Enterprises Group (GEG) controls unlisted Godrej and Boyce Mfg .

D-Street benchmark indices Sensex and Nifty hit fresh lifetime high levels before closing flat due to profit-taking in select banking and telecom shares amid mixed global cues on Tuesday. The 30-share index declined 34.74 points or 0.04 per cent to settle at 79,441.45 in a volatile trade. The Nifty declined by 18.10 points or 0.07 per cent to 24,123.85. Analysts said investors are closely monitoring the progress of the monsoon, the forthcoming Union budget, alongside the US election, which can have potential global economic implications.

​Markets regulator Sebi on Tuesday mandated email as a default mode of dispatch of 'Consolidated Account Statement', which provides an account of securities traded by an investor, by depositories and Mutual Fund-Registrar and Transfer Agents (MF-RTAs).

​Foreign portfolio investor Raselle Capital VCC has settled a case related to the alleged violation of FPI rules with capital markets regulator Sebi after paying Rs 1.23 crore as settlement charges.

Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's price cuts and incentives helped stimulate demand.

HDFC Bank's FII shareholding dropped to 54.83% in the June quarter, sparking speculation of a potential weight increase in the MSCI EM Index. This could trigger significant inflows, according to a Nuvama note. The bank's foreign investment ceiling remains at 74%.

Why did Hindenburg call SEBI's show cause notice 'nonsense', why is Kotak Mahindra Bank being dragged across the floor now? And how much money did the US short seller make from this mess? Watch!

The Fed has kept its benchmark policy interest rate steady in the 5.25%-5.5% range since last July, but officials are debating when to ease monetary policy as inflation edges back to the central bank's 2% target. Inflation is still more than half a percentage point above that target, according to the Fed's preferred personal consumption expenditures price index, and was described as "elevated" in the central bank's June 12 policy statement.

The Indian stock market failed to hold the momentum and closed marginally in the red on Tuesday as traders preferred to book profits at higher levels.

The Dow Jones Industrial Average fell 61.27 points, or 0.16%, at the open to 39,108.25.

Nifty Financial Services has typically outperformed broader market indices, but has struggled in recent years, underperforming in four of the last five calendar years, including year-to-date 2024.

With the new Sebi circular that mandates uniform charges by market infrastructure institutions like stock exchanges, brokerages are feeling the heat. Zerodha's Nithin Kamath on Tuesday said the brokerage may have to go back on zero brokerage structure or increase brokerage for F&O (futures and options) trades.

Indian equities rally may cool as technicals suggest overbought conditions for NSE Nifty 50 index. Investors optimistic due to Modi government's commitment to pro-growth policies. Global funds boost market with $3.1 billion in net purchases. June sees market recovery from selloff with increased bullish sentiment. Market value hits $5 trillion amid record-setting rally.

Groww Asset Management Ltd (formerly known as India bulls Asset Management Company Ltd) and its trustee have settled with markets watchdog Sebi a case pertaining to alleged violation of regulatory norms after paying Rs 9 lakh. This came after the applicants Groww Asset Management Company and Groww Trustee Ltd (earlier known as India bulls Trustee Company Ltd) proposed to settle the alleged violation by "neither admitting nor denying the findings of fact".

The European Central Bank's next interest rate cut is still a relatively easy decision, but subsequent moves should only come once inflation is clearly heading towards the 2% target, ECB policymaker Pierre Wunsch said in an interview.

Indian equities rally may cool as technicals suggest overbought conditions for NSE Nifty 50 index. Investors optimistic due to Modi government's commitment to pro-growth policies. Global funds boost market with $3.1 billion in net purchases. June sees market recovery from selloff with increased bullish sentiment. Market value hits $5 trillion amid record-setting rally.

The 30-stock S&P BSE Sensex ended the day at 79,441.45, dropping 35 points or 0.04% while the broader Nifty closed at 24,123.85, settling 18.10 points or 0.07% lower. Of the 16 sectoral indices on the NSE, 11 closed in the red while the remaining 5 ended in the green.

Nifty ended Tuesday’s session with a small loss of 18 points to form a small red candle on the daily chart which indicated that bulls are getting tired at peaks.

The company aims to raise approximately Rs 745 crore at the upper end of its price band. Investors can bid for a minimum of 58 shares per lot, with the option to bid in multiples of this lot size. Prior to the IPO subscription, the company's shares were trading at a premium of Rs 65 in the unlisted market.

US-based activist investor Hindenburg Research has once again opened its mouth on the Adani controversy but the target this time is Kotak Mahindra Bank and markets regulator Sebi. As a result, shares of the private sector lender fell up to 4% while Adani stocks were unaffected by the revelations made by the short-seller.

The 30-stock S&P BSE Sensex ended the day at 79,441.45, dropping 35 points or 0.04% while the broader Nifty closed at 24,123.85, settling 18.10 points or 0.07% lower.

Central Depository Services (CDSL) celebrates its 25-year silver jubilee with a special dividend and a landmark 1:1 bonus share issue for shareholders. The company's market capitalization surpasses 1 lakh crores, signaling robust growth and shareholder value enhancement.

Today, because one private sector bank and some of the PSU banks are under pressure, the bank nifty is trading in the red. Because the bank in question, Kotak Mahindra bank has come under pressure due to one specific development which tends to be eye-catching, the whole narrative shifts to something which is not related to the core business of banking. If one leaves aside what is happening in the banks today and looks at a slightly broader picture, probably there are underlying indications of something else. A probability of a tactical investment opportunity building in the private sector banks taking place. Look at the leaders from that space, HDFC bank which has been at the forefront of getting all negative news is pretty much close to its earlier highs.

Domestic brokerage firm Axis Securities states 27,000 as their bull case March 2025 target for Nifty, presuming an overall reduction in volatility and the success of a soft landing in the US market.Meanwhile, the base case target for Nifty stands at 24,600 as the brokerage firm has confidence in the current macroeconomic cycle and earnings growth.On the premise of the above analysis, Axis Securities has listed the following largecap stocks with an upside potential of up to 22% as their top picks:

Indonesia's stock market faces turmoil as PT Barito Renewables Energy's volatility alarms investors. Foreign capital outflows increase due to uncertainties in fiscal policy and a weak currency, triggering downgrades by major financial institutions.

Solar Industries stock skyrockets to a new high, surpassing 1 lakh crore market cap. Strong performance, explosive innovations, and market resilience drive the surge despite external market challenges.

Few months back when the nifty was forming a new high there was an event risk in terms of election results and valuations were high. Now once again nifty and other indices are forming new highs. While the event risk is over the valuation risk is still present. One should not be afraid of admitting the fact, as the indices move upward, the desire to participate is going to increase as the fear of missing out (FOMO) is bound to play out. So while being bullish, be more cautious and be more agile when it comes to taking decisions. It would be better that while looking at growth stocks one also focuses on reducing the risk by taking a hard look at some numbers which are critical indicators.

Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak's shares to drop by up to 4% to a low of Rs 1,737 on the NSE. The investment firm also targeted Uday Kotak, the founder of the bank, who personally chaired Sebi's 2017 Committee on Corporate Governance.

Allied Blenders and Distillers' shares had a positive listing but fell short of expected gains due to lower grey market premiums. They debuted at Rs 320 per share, up 13% from the issue price, below the anticipated 17% gains. Post-listing, continuous decline in stock price dampened investor sentiment.

​The Securities and Exchange Board of India’s (SEBI) recent regulations for small and medium real estate investment trusts (SM REITs) are likely to drive investor interest towards fractional ownership of real estate assets, said CRISIL Ratings.

Axis Securities expects reduced volatility and a smooth US market landing, targeting Nifty at 27,000 for March 2025 (bull case) and 24,600 (base case). They recommend stocks like HDFC Bank, ICICI Bank, Coal India, Nestle India, SBI, HCL Tech, Federal Bank, Varun Beverages, TVS Motors, Bharti Airtel, among others.

The Nifty 50 is scaling new highs with each trading session. Amid the surge in the index, certain individual stocks too are displaying the potential for the investor growth.Below is a list of 4 “stocks that rock” by Yes Securities for a target of 1 year:

The year 2024 has been robust for the SME IPO market so far as companies flocked the exchanges to raise funds unabated. The investors' response was also overwhelming for most of the public offer with listing gains going through the roof. Here are five such IPOs that were listed in the first half of the year and are currently trading 300% above the issue price.

Foreign ownership in Japanese stocks reached a record 31.8%, driven by Tokyo Stock Exchange and government initiatives to enhance corporate governance, making the market more attractive with its relatively low valuations.

The Nifty 50 is scaling new highs with each trading session. Amid the surge in the index, certain individual stocks too are displaying the potential for the investor growth.Below is a list of 4 “stocks that rock” by Yes Securities for a target of 1 year:

Nomura bullish on Indian IT sector with top picks Infosys and Coforge, upgrades ratings for Wipro and HCL Technologies. Anticipates GenAI adoption boosting cloud services demand.

Akiko Global Services debuted on the NSE SME platform with a 27.27% premium. The IPO was oversubscribed 30 times. The company focuses on credit cards and loans, using direct selling for product demos. In January 2024, their revenues were Rs 26.09 crore, with a profit after tax of Rs 3.21 crore.

Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak's shares to drop by up to 2% to a low of Rs 1,768 on the BSE. The investment firm also targeted Uday Kotak, the founder of the bank, who personally chaired Sebi's 2017 Committee on Corporate Governance.

Petro Carbon and Chemicals, under the Atha Group, dominates the B2B market by supplying calcined petroleum coke to a wide range of industries, ensuring high-quality carbon anodes for aluminum smelting. Its strategic growth through vertical integration and tech innovation secures its position in the market.

Foreign investors seek improved access to Indian bonds through global platforms, awaiting RBI approval. The new model aims for efficient trading with straight-through processing on the NDS-OM platform.

US-based Hindenburg Research criticized Sebi's show cause notice alleging violations of Indian securities laws as "nonsense" and claimed it was concocted to fulfill a predetermined agenda. The investment management firm led by Nate Anderson is currently initiating the process of filing a Right to Information (RTI) request to obtain the names of Sebi employees involved in both the Adani and Hindenburg matters.