ICICI Prudential Mutual Fund to grandfather its 2 fund-of-funds under SEBI framework

ICICI Prudential Mutual Fund is grandfathering two of its fund of funds, the Passive Multi-Asset Fund of Fund and Global Advantage Fund, from January 27, 2026. This allows them to continue with existing investment objectives. However, new subscriptions via lump sum or fresh SIPs/STPs will cease. Existing plans will be discontinued by February 5, 2026, […]

Kotak Mahindra Bank Q3 results: Standalone PAT rises 4% YoY, NII grows 5%

Kotak Mahindra Bank has announced a solid financial performance for the third quarter of fiscal year 2026. The private lender saw its standalone net profit climb 4% year-on-year to Rs 3,446 crore. This growth was supported by a 5% rise in net interest income, reaching Rs 7,565 crore, indicating a healthy expansion in its core […]

Silver breaches $100/oz: Is the white metal’s best yet to come?

Silver has surged past $100 per ounce for the first time, driven by a confluence of factors including a weakening dollar, robust industrial demand for green technologies, and supply constraints. Analysts highlight its evolving role from a safe haven to a critical mineral, with expectations of continued strength amid global economic shifts and geopolitical uncertainties.

UltraTech Cement Q3 results: Cons PAT zooms 32% YoY, net sales up over 22%

Ultratech Cement has announced strong financial results for the third quarter of FY26. The company’s profit after tax saw a significant 32% year-on-year increase, reaching Rs 1,792 crore. Net sales also climbed by 22.5% year-on-year to Rs 21,506 crore. These figures exclude the impact of the New Labour Code.

Concurrent Losers: 15 small-cap stocks decline for 5 consecutive sessions

Over the five trading sessions ending January 23, the Sensex benchmark declined sharply, falling about 2,033 points to close at 81,538. The index ended lower in four of the five sessions. During this period, as many as 92 stocks in the BSE small-cap index recorded consecutive losses across all five sessions. From this group, we […]