HDFC AMC, other AMC & capital market stocks crack up to 10% on Sebi’s MF fee revamp plan
Shares of major AMCs and capital market firms slumped up to 10% on Wednesday after SEBI proposed a major revamp of mutual fund fee structures. HDFC AMC fell 6.4%, Nippon Life India AMC 7%, and Nuvama Wealth 9%, as investors reacted to potential cuts in expense ratios and brokerage commissions under the new proposal.
Positive Breakout: These 12 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 1,000 crore, 12 stocks gained more than 1%, and their closing prices crossed above their 200-day moving averages (DMA) on October 28, 2025, according to StockEdge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator […]
ETMarkets Smart Talk| Aditya Sood sees multi-year upside in financials and domestic manufacturing themes
Aditya Sood of InCred Asset Management is bullish on India’s market, expecting financials and domestic manufacturing to lead wealth creation. He favors banks, consumer discretionary, and capital goods, while remaining cautious on IT and telecom. Gold’s rally is driven by central bank diversification and global policy shifts.
Japan’s Nikkei hits record high as AI optimism lifts investor sentiment
Japan’s Nikkei stock market reached a historic peak today. Investors were buoyed by strong performances on Wall Street. Optimism surrounding artificial intelligence investments fueled the rally. Key Japanese tech firms saw significant gains. However, a stronger yen presented a challenge for some companies. The market saw more stocks decline than advance.
Oil edges up on US crude inventory draw
Oil prices saw a slight increase on Wednesday after three days of declines, driven by a significant drop in U.S. crude inventories. However, gains were tempered by concerns over Russian sanctions and potential OPEC+ production increases. U.S. crude, gasoline, and distillate stocks all experienced larger-than-expected draws last week.
RBI brings home 64 tonnes of gold between March 2025 and Sept 2025
India’s central bank has brought home 274 tonnes of gold since March 2023. The move to accelerated repatriation of gold started post the Russia- Ukraine war and the Taliban’s takeover of Afghanistan.
Asian stocks open higher as AI, Fed lift sentiment
Asian markets opened higher today. Investors are optimistic about artificial intelligence driving profits for tech giants. Bets on a Federal Reserve interest rate cut are also boosting sentiment. Major tech companies are set to report earnings, with investors watching for continued investment in computing infrastructure. The yen gained as US Treasury Secretary commented on Bank […]
Can Orkla India’s IPO deliver long-term gains for investors?
Orkla India is set to launch its IPO, aiming to raise ₹1,668 crore by offering shares. The company, known for brands like MTR and Eastern, has seen revenue and profitability growth over the past three years. With a strong base in South India and significant export presence, investors with a high risk appetite may find […]
Government may pare LIC stake by year-end to boost public float
The Indian government is planning to sell a stake worth $1-1.5 billion in Life Insurance Corp (LIC) by year-end to increase its public float to 10%. Roadshows are expected soon to gauge investor demand for the sale, which will be conducted in multiple tranches to avoid impacting the stock price.
RBI returns Jana Small Finance Bank’s universal bank application
Jana Small Finance Bank’s plan to transition into a universal bank has hit a setback after the Reserve Bank of India (RBI) returned its application citing non-fulfilment of eligibility criteria. Managing director Ajay Kanwal said the bank will reapply after addressing the gaps, adding, “We respect RBI’s decision and will work to fulfil the requirements.”