FPIs favour Indian debt inclusion in Bloomberg’s Global Aggregate Index
Foreign portfolio investors have offered positive feedback on Bloomberg Aggregate Index services, boosting the likelihood of Indian debt being included in the global index. Participants cited ease of trading, India’s sovereign rating, and competitive bond returns as key factors. This follows India’s inclusion in the emerging market local currency bond index earlier this year.
FPIs pull out over Rs 1 lakh crore in September quarter, select counters still advance
Foreign investors divested shares worth ₹1.02 lakh crore in September quarter, with financial services firms, particularly NBFCs, experiencing significant stake reductions by foreign fund managers. Despite the selling pressure, some companies like Sona BLW Precision Forgings, Five-Star Business Finance, and Tata Communications saw their share prices rise. This occurred as Nifty and Nifty 500 indices […]
NARCL acquires Rs 1,000-cr debt of Entertainment City for Rs 711 crore
The National Asset Reconstruction Company has taken over the debt of Entertainment City. Punjab National Bank accepted NARCL’s ₹711-crore offer. This ends a year-long effort by lenders to find a better deal. Entertainment City has outstanding debt of around ₹1,000 crore. NARCL’s bid ensures lenders recover their principal amount.
Why has CreditAccess Grameen fallen nearly 10% since its Q2 results?
CreditAccess Grameen’s stock has declined due to concerns over higher credit costs stemming from delayed improvement in its portfolio at risk. Despite accelerated write-offs in H1 FY26, the company is focusing on customer accretion and enhancing borrower quality. Analysts anticipate improved return ratios in the latter half of the fiscal year.
Can Nifty cross 26,100 as global markets drag sentiment?
Indian stock indices ended lower on Tuesday, breaking a six-day rally amid global market weakness. The Nifty closed down 103.4 points at 25,910.05, while the Sensex declined 277.93 points to 84,673.02. Despite the broader market dip, the Bank Nifty reached a new record high, signaling potential leadership for banking stocks in future index gains.
GQG Partners raises stakes in 5 Adani Group companies
GQG Partners significantly boosted its stake in five Adani Group companies, including Adani Energy Solutions and Adani Enterprises, through substantial block deals totaling over ₹4,500 crore. The investment firm also expanded its portfolio with new positions in GMR Airports and other major Indian corporations like Bharti Airtel and State Bank of India.
Infosys’ Rs 18,000 crore share buyback window to open on Nov 20. 5 things to know
Infosys’ massive Rs 18,000 crore share buyback begins this Thursday, November 20. Shareholders can tender their shares until Wednesday, November 26. The buyback price is set at Rs 1,800 per share. This offers a significant opportunity for eligible shareholders to participate. The process involves tendering shares through registered stock brokers. Details on entitlements for small […]
$1 trillion gone in 6 weeks! Is this the big crypto crash everyone feared? Bitcoin dives below $90K
Bitcoin’s drop below the $90,000 mark has erased its yearly gains, triggering broad crypto sell-offs driven by ETF outflows, rate-cut uncertainty, leverage unwinds and weakening sentiment, raising fears of a deeper correction or crypto winter.
Investor alert: Groww short sellers feared trapped with over 30 lakh shares under auction
Groww’s sharp post-listing rally and limited free float pushed a large volume of undelivered shares into auction, trapping short sellers as scarce supply and rising prices sparked heavy delivery defaults and potential high auction losses.Groww’s sharp post-listing rally and limited free float pushed a large volume of undelivered shares into auction, trapping short sellers as […]
10 key stocks in Morgan Stanley’s focus portfolio
Morgan Stanley says Indian equities are poised to “regain their mojo in 2026” after their worst relative performance in 31 years, citing a policy pivot that is reviving nominal growth, forecasting a bull-case Sensex target of 107,000 by December 2026. Even the brokerage’s base case sees the benchmark reaching 95,000, driven by macro stability, fiscal […]