PNB Housing Finance Q4 profit surges 19% to Rs 656 crore with strong retail growth
PNB Housing Finance reported a 19% rise in Q4 net profit to Rs 656 crore. FY26 profit grew 18% to Rs 2,291 crore. The company proposed Rs 8 per share dividend while its assets under management expanded 13% to Rs 90,921 crore with strong retail loan growth.
Insurance firms boost stakes in 10 mid-cap stocks in Q4FY26
Insurance companies increased their stakes in 10 mid-cap stocks in Q4FY26, signalling rising confidence and a strategic shift toward higher equity exposure.
BSE launches Housing Finance Index to track sectoral opportunities, enable passive investing
BSE Index Services introduced the Housing Finance Index to measure housing finance companies’ performance. Drawn from BSE 1000, it supports ETFs, mutual funds, PMS strategies, and sector-specific tracking. LIC Housing Finance holds the highest weight, while Aadhar and others contribute smaller shares.
India Inc borrowed $4.6 billion from overseas markets in February
Indian corporates raised $4.60 billion in ECB in February, 14% lower than January. Over 100 firms borrowed $4.20 billion via the automatic route, while Piramal Finance took $400 million via approval. ABC Cleantech led with $595 million.
RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
New Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing compliance costs. Mandatory listing requirements could prove onerous for many CICs, particularly those not seeking public market access. The AUM-based approach may present challenges for these entities, especially regarding listing and governance.
Why is stock market rising today? Sensex jumps 400 points, Nifty above 24,450. 5 key factors explained
Indian markets reversed early losses to trade higher, supported by a stronger rupee, continued FII buying and oil prices staying below $100 per barrel. Benchmark indices Sensex and Nifty gained around 0.5%, while broader markets also moved into positive territory led by PSU banks and midcap stocks.
Mixed geopolitical signals making market moves hard to decode: Seth R Freeman
Global equity markets, led by the US, have recovered strongly, reaching new highs despite ongoing geopolitical tensions. However, volatile oil prices, influenced by conflicting US-Iran relations, are a major concern, impacting the global economy and investor sentiment. This uncertainty makes market navigation difficult, with potential effects on food prices.
Rajesh Palviya sees Nifty rally extending this week on strong bullish momentum
Indian equity markets concluded last week with a third consecutive gain, driven by improving sentiment and sustained buying. Market expert Rajesh Palviya noted a strong bullish Marubozu candle on the weekly chart, indicating robust buying action. He advised a ‘buy on decline’ strategy as Nifty holds above 24,100, with potential rallies towards 24,600–24,700 if it […]
Oil Price Today (April 20): Crude oil jumps 6%, nears $100 again despite ceasefire hopes. What’s happening?
Oil prices surged over 6% on Monday. Tensions flared around the Strait of Hormuz after the U.S. and Iran traded accusations of ship targeting. President Trump stated American forces seized an Iranian cargo ship. Iran responded by refusing further peace talks. The conflict has disrupted global oil flows. Experts predict continued price volatility and structurally […]
Positive Breakout: These 12 stocks cross above their 200 DMAs
In the Nifty500 pack, 12 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on April 17, 2026, 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 […]