European shares end at more than one-month high on tech boost
European shares closed at over a month’s high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resolution. AI advancements and French government investments in tech also fueled gains. However, rising inflation concerns and a stalled merger deal led to some stock declines.
Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake sale
Paytm’s parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Generale and Nippon India Mutual Fund bought shares. Existing shareholders such as SAIF Partners reduced their holdings. This activity occurred as Paytm shares experienced a decline. The stock has shown a recovery over the past […]
Planning SIPs for a car or house in 10 years? Experts recommend diversified equity funds for long-term goals
Financial experts advise first-time SIP investors to focus on diversified equity mutual funds for long-term goals, avoid panic during volatility, limit exposure to sectoral funds, and rely on professional fund managers for balanced asset allocation and disciplined wealth creation over time.
Dollar near six-week high amid Iran war jitters
The US dollar remains strong near six-week peaks. Traders are watching for a Middle East war resolution and the Federal Reserve’s next move on interest rates. Rising energy costs could push inflation higher, influencing the Fed’s decision. Currencies like the Euro and Yen face pressure. Australia grapples with energy shortages. Japan’s core inflation slowed, impacting […]
India Rupee shows strong rebound on firm RBI support
On Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to robust actions from the Reserve Bank of India, following a dip towards 97 mid-week. Traders noted a wave of dollar offerings from state-run banks, part of a broader strategy to stabilize […]
NRIs pull out $2 billion from bank deposits
Overseas Indians withdrew nearly two billion dollars from Indian bank accounts in March. This outflow occurred during the Iran war. Reserve Bank of India data shows a contraction in Non-Resident Indian deposit inflows. Experts anticipate geopolitical uncertainties will impact NRI deposits further if conflicts persist. Withdrawals were seen in Non-Resident External Rupee Accounts and Non-Resident […]
Multibagger Opportunity? REITs may be the next big wealth creation avenue for India’s retail investors
India’s Real Estate Investment Trusts are growing into a popular investment for everyday people. These trusts are moving beyond just office buildings to include warehouses, hotels, and shopping centers. Experts see this as a major step for the market. REITs offer stable income and a way to invest in large properties without direct ownership.
LRS outflows up over 10% in March led by travel demand
Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip. However, investments in equity and debt surged significantly. Deposits abroad also showed a strong recovery. Remittances for education moderated after a peak in January.
Supply-side stress, weather add uncertainty to macros
India’s economy faces near-term challenges. Supply issues and weather create uncertainty. Geopolitical events in West Asia could impact domestic prices. Despite these concerns, domestic demand remains strong. The Reserve Bank of India is monitoring inflation closely. Robust exports and policy measures offer support against external risks.
Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concerns
Retail investors are being urged by market analysts to steer clear of the government’s shares sale in Central Bank of India. The bank’s current margin issues and uncertain future profitability raise red flags. Despite the attractive discount on the offer price, experts forecast further share sales needed for compliance, leading to persistent sales pressure on […]