Defence stocks set for mixed Q4; Nuvama bets on BEL, Solar Industries, and a smallcap pick
Defence sector companies anticipate mixed Q4FY26 results despite strong order books. Nuvama Institutional Equities highlights BEL, Data Patterns, and Solar Industries as top picks. While order inflows remain robust, growth momentum is expected to moderate. Defence stocks have seen a strong rebound in April, with further action anticipated following earnings announcements and geopolitical developments.
From complexity to clarity: How AI is transforming insurance for customers
Artificial Intelligence is revolutionizing insurance in India. Customers now start their search online, with AI simplifying complex policies into easy conversations. This technology makes insurance understandable and accessible, even in smaller cities. AI-powered tools handle queries, speed up processes, and personalize recommendations. This shift is crucial for increasing insurance penetration across the nation.
IOI Properties plans Malaysia REIT with assets worth $1.9 billion
IOI Properties Group is set to launch a Malaysian real estate investment trust valued at approximately $1.9 billion. This REIT will encompass a diverse portfolio of retail, office, and hotel assets. The company plans to offer a significant portion of units, aiming to raise substantial funds for debt repayment and future investments.
From Panic to Patience: 7 investing lessons from James O’Shaughnessy for today’s turbulent markets
Amidst global market turmoil driven by inflation and geopolitical risks, veteran investor James O’Shaughnessy’s timeless principles offer a crucial guide. His framework stresses a long-term perspective, a robust process over chasing quick gains, ignoring forecasts, and unwavering discipline. Mastering behavior, not predicting the future, is key to weathering volatility and achieving lasting wealth.
725X jump: Sebi bans 39 entities for alleged stock price manipulation in interim order
Market regulator Sebi has barred 39 individuals and entities from capital markets due to irregularities in RRP Semiconductor. The stock saw a 725-fold jump from Rs 15 to Rs 10,887.10 in 19 months, driven by alleged manipulation and misleading social media information. Sebi also ordered impounding of Rs 2 crore in unlawful gains.
FIIs sell Indian equities worth Rs 48,213 crore in April, so far; FY26 sell-off balloons to Rs 1.79 lakh crore
Foreign investors continued their significant sell-off in Indian equities, offloading Rs 48,213 crore in April alone. Despite this trend, domestic markets ended Friday with strong gains, buoyed by buying from local institutional investors. Market direction hinges on upcoming US-Iran peace talks, which could impact crude prices and investor sentiment.
Global funds flee Indian stocks at record pace on growth fears
Global funds are exiting Indian equities at a record pace, driven by an energy shock from the US-Iran war and a lack of compelling AI-linked investment narratives. This sustained selling has pressured local shares, with over $600 billion wiped off their value from last year’s peak, despite strong domestic inflows.
Regulator bars 39 entities for alleged manipulation of RRP Semicon share price
The Securities and Exchange Board of India has intervened in the case of RRP Semiconductor, taking serious measures against 39 entities implicated in suspected stock price manipulation. The regulator discovered a systematic approach that inflated the company’s share price beyond sustainable limits.
Guardrails for MFIs need to continue
In a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financially vulnerable populations. These standards not only mitigate the risk of over-borrowing but also enhance trust within the financial ecosystem. The microfinance sector continues to demonstrate its resilience amid market fluctuations.
Meet broad-based rules while serving AIFs, Sebi clarifies
In a push to tighten regulations, Sebi has laid down fresh guidelines for asset management companies overseeing alternative investment funds. Each scheme is now required to include at least 20 investors, ensuring that no individual investor exceeds a 25% stake in the fund’s total corpus.