Bajaj Housing Finance shares rally 5% as Q1 AUM climbs 24% YoY
Bajaj Housing Finance shares rose sharply on Friday after the company reported a 24% year-on-year rise in assets under management (AUM) to Rs 1.5 lakh crore for Q1FY27. Gross disbursements also surged to Rs 19,500 crore, reflecting strong business momentum and sustained demand in the housing finance segment.
Sensex surges 600 points, Nifty above 24,350. 7 key factors behind today’s D-Street rally
Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.8% each. This rally was fueled by a calmer Middle East situation and reduced expectations of further US Federal Reserve rate hikes. IT stocks led the charge, while broader markets saw more modest gains. The overall market sentiment remained positive, indicating investor confidence.
ETMarkets Smart Talk | Jiraaf clocks 15x growth in two years as retail investors embrace bonds: Vineet Agrawal
Indian investors are increasingly turning to bonds for stable income as fixed deposit rates decline. Improved digital access and regulatory oversight are boosting retail participation, with platforms like Jiraaf seeing significant growth. Experts emphasize evaluating yields carefully, considering credit ratings and issuer profiles, and diversifying within fixed income to manage risk effectively. This marks a […]
ETMarkets Smart Talk | Why some NRIs pay zero tax on mutual fund gains in India: Sreepriya NS of Entrust Family Office explains
NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certain DTAAs, especially for mutual fund gains. While diversifying globally, many are exploring structured real estate investments like REITs. Experts advise avoiding common pitfalls such as a lack of clear objectives and ignoring tax implications, […]
Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?
Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texas Intermediate (WTI) traded around $68 a barrel.
Positive Breakout: These 14 stocks cross above their 200 DMAs
In the Nifty500 pack, 14 stocks’ closing prices crossed above their 200 DMAs (Daily Moving Averages) on July 2, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator to determine the overall trend in a particular stock. As long as the stock is […]
Global Market Today: Asian stocks slip on AI woes, oil extends drop
Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs and market competition. Meanwhile, US Treasuries saw yields fall after softer jobs data and lower oil prices eased expectations for further Federal Reserve rate hikes this year, though at least […]
Bihar gears up to enter the municipal bond market
Bihar is poised to enter the municipal bond market with Patna Municipal Corporation planning to raise ₹200 crore over 10 years, marking the nation’s first civic bond issue of 2026-27. Meanwhile, the Brihanmumbai Municipal Corporation is nearing the finalization of merchant bankers for its ₹1,000 crore fundraising this fiscal year. Ahmedabad Municipal Corporation is also […]
Astral’s demerger plan triggers sharp market selloff, brokerages trim targets
Astral’s stock dipped 11% after announcing a demerger of its chemicals business. Investors are concerned about the valuation and growth prospects of the standalone chemical entity, which currently lags the profitable plumbing segment. While analysts maintain ‘buy’ ratings, some have lowered target prices. The company anticipates significant revenue growth for the chemicals division in the […]
IT stocks recover on US tech rally, value edge
IT stocks surged on Thursday, with the Nifty IT index climbing over 4.7% and leading gains on the NSE. This rebound followed recent losses, driven by a US tech rally and anticipation of quarterly results. Large-cap firms like Infosys and TCS saw significant jumps, while mid-cap IT stocks also experienced strong buying. Analysts suggest attractive […]