Indostar banks on improving asset quality, branch expansion for growth
Indostar Capital share price: Indostar Capital shares jumped 21% post-Q4 results on strong net interest income, better asset quality, and cost rationalisation. Focused expansion and debt repricing aim to sustain momentum and improve profitability in FY26.
PB Fintech founders sell over 1% stake for Rs 920 crore
PB Fintech’s co-founders, Yashish Dahiya and Alok Bansal, sold a little over 1% stake in the company for ₹920 crore through open market transactions. Dahiya and Bansal offloaded 50.50 lakh shares, reducing their holdings. The shares were acquired by domestic mutual funds, insurance companies, and foreign investors, including Tata Mutual Fund and Goldman Sachs.
LIC Mutual Fund trims long-term bond holdings as rate-cut rally ends
LIC Mutual Fund is lowering maturities across debt schemes and investing in up to five-year notes, as India’s rate cut-led bond market rally is largely over, chief investment officer at the asset manager said on Thursday.
BoI to raise Rs 20,000 cr via infra bonds this fiscal
State-owned Bank of India (BoI) on Thursday said it plans to raise Rs 20,000 crore during the current fiscal via bonds to fund infrastructure projects.
Morgan Stanley, Citigroup, 6 others buy 1.6% stake in Delhivery for Rs 461 crore
Morgan Stanley, Citigroup Global Markets Singapore and six other entities on Thursday bought a 1.6 per cent stake in logistics solution provider Delhivery for Rs 461 crore through open market transactions.
Beyond the benchmarks: Why smallcap funds can outperform in long term
Indian equity markets show resilience, with smallcaps emerging as compelling long-term investment opportunities due to sound fundamentals and attractive valuations. Investor sentiment is shifting positively, reflected in the Nifty Smallcap 100’s impressive gains. Favorable sectoral trends, such as RBI rate cuts and the China plus one strategy, further boost smallcap growth potential.
PB Fintech Block Deal May Stir short-term volatility, long-term story intact: Hemang Jani
Independent Market Expert Hemang Jani discusses PB Fintech’s potential despite recent corrections, favoring platform companies for long-term investment due to their niche offerings. He highlights cement sector’s strong position due to consolidation and underperformance, suggesting UltraTech and southern companies like Cement as promising.
Equity investing not about overnight returns: Puneet Sharma on geopolitical issues and 2025 sector picks
Puneet Sharma shares insights on navigating market volatility. Indian markets are reacting positively to global events. Sectors like FMCG and auto ancillaries may benefit from monsoon and tax relief. For 2025, consider ETFs for diversification. A 60:40 equity-debt split is suggested for medium to high-risk investors. Staying invested and trusting the process is crucial.
2 top stock recommendations from Rahul Sharma
JM Financial Services’ Rahul Sharma maintains a positive outlook on Indian indices, citing recent breakouts in Nifty and Bank Nifty. Nifty is projected to reach 25,800, while Bank Nifty targets 58,500, potentially hitting 60,000 by July-end. Reliance Industries and Hindalco are top stock picks, with upside potential.
US economy set to slow, but recession unlikely: Richard Yetsenga
ANZ Group’s Richard Yetsenga anticipates a US economic slowdown in the latter half of the year, stopping short of a recession. Despite economists’ bearish outlook, financial markets like the S&P and Nasdaq are performing well.