SpaceX shareholders approve 5-for-1 stock split ahead of much-awaited IPO: Report
SpaceX shareholders have approved a five-for-one stock split. The company is preparing for a major stock market debut. SpaceX aims to list its shares on Nasdaq as early as June 12. This blockbuster IPO could be the largest in history. The rocket maker is expected to raise a significant amount of capital.
Multibaggers, mirages and market math
An experiment demonstrates how survivorship bias can create the illusion of market genius. By selectively sharing successful predictions and discarding failures, a perfect track record can be manufactured. This bias also influences equity investing, leading investors to chase multi-baggers without considering the underlying conditions that enable such gains.
Eternal, HDFC Bank among 10 stocks which saw highest DII buying in Q4. How many do you own?
DIIs sharply increased stakes in major banks, IT, telecom and consumer stocks in Q4 even as markets witnessed steep corrections.
India’s gold import duty hike: A double-edged sword
India has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee’s value. However, India’s strong cultural demand for gold may limit effectiveness. Higher duties could also boost illegal gold imports. Investors should consider gold as a long-term hedge.
Bitcoin slips towards $79K as higher Treasury yields and oil prices pressure trigger risk-off sentiment
Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil prices, impacting global risk assets. Major altcoins also saw declines, with the global crypto market capitalization falling. Analysts suggest Bitcoin’s pullback is macro-driven, with key resistance at $82,000-$82,500.
10 equity mutual funds cross Rs 60,000 crore AUM; top 3 manage over Rs 1 lakh crore each
Around 10 equity mutual funds managed over Rs 60,000 crore in assets by April 2026, led by Parag Parikh Flexi Cap Fund, while HDFC Mutual Fund dominated with three entries.
SBI, Groww among 10 companies which saw the highest increase in FII holdings in value terms in Q4
FII holdings rose sharply in key large-cap names such as State Bank of India, Power Grid Corporation of India, NTPC, and others in Q4 despite overall foreign outflows.
JioBlackRock Mutual Fund: HDFC Bank, ITC, and MCX among top 10 stock holdings in April
JioBlackRock MF’s April portfolio reveals top allocations to banking, telecom, and large-cap leaders like HDFC Bank, ICICI Bank, RIL, ITC, Infosys, and MCX.
Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in April
Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund’s monthly disclosure showed. The fund also increased exposure to Reliance Industries and maintained holdings in several key stocks, as sector allocations shifted toward healthcare and metals.
PGIM India Mutual Fund reopens subscriptions in its 3 international funds for second time in CY26
PGIM India Mutual Fund has reopened subscriptions for three international funds, including the Global Equity Opportunities Fund of Fund, effective May 18. This follows a temporary restriction imposed on March 10 to avoid breaching overseas investment limits. Investors can now invest up to Rs 2 lakh daily per scheme.