Rekha Jhunjhunwala purchased 2.3 crore shares in this multibagger midcap bank before Blackstone’s entry
Ace investor Rekha Jhunjhunwala has significantly increased her stake in Federal Bank, acquiring an additional 2.3 crore shares in Q2 FY26. This move precedes Blackstone’s substantial $705 million investment, positioning the US private equity firm as the bank’s largest shareholder. Brokerages are bullish on Federal Bank following these developments.
NFO Insight: Is Axis Income Plus Arbitrage Passive FOF a smarter alternative to debt funds?
Axis Mutual Fund has launched the Axis Income Plus Arbitrage Passive FOF, an open-ended scheme aiming for tax-efficient returns by blending passive debt and arbitrage strategies. This new fund offer targets investors seeking stability and predictability, with a focus on post-tax gains over a medium-term horizon.
Hindalco, Vedanta shares jump up to 2% on strong volumes; metal index advances over 1%
Hindalco and Vedanta shares rose up to 2% on Tuesday as metal stocks rallied. The Nifty Metal Index gained 1.1% to 10,582, driven by strong volumes and positive sentiment in the steel sector.
SBI, other PSU banks stocks rise up to 3% on reports of government move to raise FDI limit to 49%
PSU bank stocks rose up to 3.3% after reports said the government may raise foreign investment limits to 49% in state-run banks, more than double current caps. The finance ministry and RBI are in talks, aiming to align rules with private banks, where foreign ownership is allowed up to 74%.
Canara Robeco AMC shares crash 11% as Q2 net profit slips 20% to Rs 49 crore
Newly listed Canara Robeco AMC shares fell 11.3% to ₹311 after posting muted Q2 results. Net profit dipped 2% to ₹49 crore, while revenue rose 3% to ₹107.7 crore year-on-year.
US market rally driven more by sentiment than substance: Sudip Bandyopadhyay
Global markets are surging on hopes of a US-China trade deal. Sudip Bandyopadhyay believes this rally is sentiment-driven, with both nations needing an agreement. However, he urges caution as only the US has spoken. A deal could impact India’s ‘China-plus-one’ strategy, requiring India to sharpen its competitive edge and leverage its large domestic market.
FII interest could revive India’s underperforming market: Sunil Koul
Indian stock markets are showing signs of recovery. Corporate earnings are improving, and foreign investors are showing renewed interest. This shift follows a period of underperformance compared to global markets. Experts believe India is set for a turnaround. Valuations have eased, making it an attractive destination. A potential rotation from other emerging markets could further […]
Affordable homes start at Rs 1 cr, luxury at Rs 4.5 cr: What Indian investors should know about Dubai real estate: Morgan Owen
Dubai’s real estate market continues to attract Indian investors with a range of options from affordable homes to ultra-luxury properties. Driven by Golden Visa reforms, infrastructure growth, and attractive rental yields, the city offers tax-free income and long-term stability, making it a compelling investment destination.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on October 27, 2025, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]
Wall Street scales fresh highs on tech earnings, US-China trade optimism
Wall Street indexes reached record highs for a second day, fueled by optimism for a U.S.-China trade deal and anticipation of tech earnings and an expected Fed rate cut. Investors await confirmation of AI-driven growth from “Magnificent Seven” companies, while cooler inflation data solidifies expectations for a Wednesday rate reduction.