Dr. Reddy’s Laboratories shares to go ex-dividend tomorrow. Do you own?
Investors seeking Dr. Reddy’s Laboratories’ final dividend of Rs 8 per share for FY25 must purchase shares by today, July 9, as it is the last day to qualify. The record date is set for July 10, 2025, and settlement timelines require purchases before the ex-dividend date. On Tuesday, Dr. Reddy’s shares closed 2% lower […]
Asian stocks cautious as tariff talk sinks copper
Asian shares displayed caution as investors reacted to President Trump’s firm stance on tariffs, ruling out deadline extensions. Copper futures declined following Trump’s tariff threats, impacting global metal markets. Despite progress with the EU, potential tariffs on US technology firms remain a concern, leading to market indifference unless economic data weakens or inflation surges.
Why are investors flocking to money market funds amid falling interest rates?
Amidst falling interest rates and investor caution towards fixed income, money market funds are gaining traction as preferred short-term investment options. These funds, investing in high-quality, short-term instruments, offer attractive yields compared to savings accounts and fixed deposits, coupled with high liquidity. Investors should prioritize funds with AAA-rated exposure and consistent performance.
Credit growth takes a beating in first quarter
Indian banks experienced muted credit growth in the June quarter, with private lenders significantly lagging behind the previous year’s pace. This slowdown is attributed to corporates increasingly turning to capital markets for funding, leading to a surge in resource mobilization. While PSU banks performed better due to aggressive loan pricing, overall loan growth remained weak […]
Retail traders lose Rs 1.05 lakh crore in FY25 amid Jane Street manipulation allegations
Sebi’s study reveals retail traders in equity derivatives lost ₹1.05 lakh crore in FY25, a 41% increase from the previous year. Simultaneously, Sebi issued an interim order against Jane Street for allegedly manipulating India’s stock indices, specifically Bank Nifty, to profit from equity derivative bets. The firm allegedly manipulated share prices and futures on expiry […]
Textile stocks rally after US hikes tariffs on Bangladesh garments
Indian textile stocks saw a surge following the United States’ decision to impose tariffs on Bangladeshi garment imports. This move sparked optimism for Indian companies, anticipating improved export prospects. Analysts suggest a potential trade deal between India and the US could further benefit the sector.
Sebi order reflects misunderstanding of standard hedging practices: Jane Street
US-based Jane Street is contesting SEBI’s order accusing it of manipulative trading in equity derivatives, asserting a misunderstanding of hedging practices. The firm denies being uncooperative, stating it promptly provided information and modified trading after discussions with exchanges.
India’s insurance industry faces slow growth in Q1 FY26 amid regulatory challenges and market volatility
The Indian insurance sector anticipates a subdued quarter ending in June. Life insurance growth slows due to regulations and a high base. General insurance feels the impact of weaker consumption. Axis Max Life is expected to lead APE growth. Health insurers face challenges from new rules and rising claims. ICICI Lombard’s premium income remains flat.
RBI to conduct Rs 1 lakh-crore VRRR today to align market rates
The Reserve Bank of India (RBI) will conduct a ₹1 lakh crore variable rate reverse repo (VRRR) operation to manage liquidity. This move aims to align the weighted average call rate (WACR) and TREPS rate within the liquidity adjustment facility (LAF) corridor. The operation, scheduled for Wednesday, will be reversed on Friday, July 11.