MCX, NISM launch centre to strengthen India’s commodity market skills
MCX and NISM have signed an MoU to establish the MCX-NISM Centre for Commodity Markets, focusing on professional training, research, investor awareness and academic engagement. The initiative aims to strengthen expertise in commodity derivatives, risk management, compliance and responsible participation.
Axis Bank raises $300 million via bonds
Axis Bank has successfully secured USD 300 million from international investors, aimed at bolstering its growth initiatives. With a coupon rate of 5.348 percent, the newly issued senior notes will be listed on the India International Exchange and NSE IFSC. This issuance aligns with all necessary regulatory standards, demonstrating the bank’s commitment to growth.
Embassy Office REIT to enter Nifty 500, only investment trust in Nifty Midcap 150
Embassy Office Parks REIT will be included in the Nifty 500 and Nifty Midcap 150 from September 30, 2026, as part of NSE Indices’ latest periodic review. The REIT will also enter several other broad-based indices, potentially increasing its visibility and participation from institutional and passive investors.
Dish TV Q1 loss more than triples to Rs 286 crore; VZY sales cross Rs 200 crore
Dish TV India reported a consolidated net loss of Rs 286 crore for the quarter ended June 30, 2026, as subscription revenue fell 41% to Rs 161 crore. Total expenses rose 46% amid shifting consumer viewing habits, while the company continued expanding its VZY Smart TV ecosystem to drive connected entertainment.
Cupid shares jump nearly 9% in two days post Q1 earnings
Cupid shares gained 8.8% in two days after the company reported a threefold rise in Q1 FY27 net profit to Rs 44 crore, while revenue surged 159% YoY to Rs 155 crore. Strong operating performance, margin expansion and a higher FY27 guidance have strengthened the outlook for the stock.
Ardee Industries shares slip 7% post-listing after double-digit listing gains. What should investors do?
Ardee Industries shares fell nearly 7% from their BSE listing price after a strong debut, but remained over 29% above the IPO price. With analysts advising IPO allottees to hold with a stop-loss and fresh buyers to wait for dips, here’s what investors should know about the stock.
Sebi sees no manipulation in new CAS despite participation concerns
The Securities and Exchange Board of India has confirmed that no manipulation exists within the newly established closing auction system. This session, which establishes closing stock prices, strives to meet international norms. Since its inception, participation in the closing auction has progressively increased. The regulator is actively considering feedback to amplify market participation. This reform […]
NALCO, Hindalco gain up to 8% as global aluminium prices hit 7-week high amid Mideast tensions
NALCO and Hindalco shares rallied sharply on Wednesday as global aluminium prices hit a seven-week high amid Middle East tensions and fresh supply concerns. A production cut at Brazil’s Alunorte refinery, multi-decade-low LME inventories and disrupted Middle East shipments have tightened the market, supporting aluminium prices and Indian producers.
CAS chaos: Retail traders call for boycott, declare ‘No Trade Day’
Retail traders are observing a proposed ‘No Trade Day’ on August 12 to protest the newly introduced Closing Auction Session (CAS), higher securities transaction tax and changing market rules. The campaign follows concerns over increased volatility and divergence in closing prices since CAS was introduced.
44 bullish & bearish stock picks across sectors for August by Axis Direct
In August, Axis Direct introduces 44 stock recommendations, advocating a buy-on-dips approach. The banking, capital goods, and realty sectors exhibit promising technical patterns for investors. Additionally, consumer durables, healthcare, power, and auto sectors are projected to perform well. However, a selective caution is suggested for FMCG, metals, and oil & gas stocks as the brokerage […]