ICICI Prudential Life Q2 Results: Net profit up 18% to Rs 296 crore
ICICI Prudential Life Insurance Company on Tuesday reported 18 per cent growth in consolidated net profit at Rs 296 crore for three months ended September 30, 2025.
LG India soars past South Korean parent, becomes $13 billion giant after blockbuster debut
LG Electronics India surged 50% on debut, valuing the company at $13.1 billion—above its South Korean parent. The Rs 11,607-crore IPO drew overwhelming demand, earning top broker buy ratings and marking the largest listing-day premium among India’s Rs 10,000-crore-plus IPOs.
Nifty faces selling pressure; Torrent Power, REC among top picks
Indian equity markets experienced selling pressure on Tuesday, with midcap and smallcap stocks showing particular weakness. While the Nifty remains in an overall bullish trend above key moving averages, intraday signs are negative. The upcoming results season is expected to increase market choppiness, emphasizing the need for risk management and focus on outperforming sectors.
Gold vs Silver: Which one deserves a place in your portfolio this Diwali?
As gold and silver hit record highs this Diwali, experts urge caution. While gold remains the preferred hedge against volatility, silver offers better value and industrial demand potential. Investors should stick to strategic asset allocation and use ETFs or mutual fund FoFs for exposure.
Is the Rs 10,000 crore IPO jinx over? LG India shares listing breaks 15-year old Coal India record
LG Electronics India made a strong debut on Dalal Street, listing at a 50% premium over its Rs 1,140 issue price. The IPO’s success, rare among India’s Rs 10,000-crore-plus issues, is attributed to reasonable valuations, dominant market positioning, and robust earnings visibility. With a diversified portfolio across home appliances, TVs, and ACs, LG continues to […]
Diwali stocks to buy: Over 50 ideas from top brokerages as Nifty likely near inflection point
Indian stocks are set for a strong performance after a year of stagnation. Brokerages are recommending over 50 stocks for the upcoming Samvat 2082. This optimism is fueled by attractive valuations and projections of double-digit earnings growth. Sectors like autos, consumer durables, power, financials, and manufacturing are expected to lead the rally.
Fiscal and monetary easing set stage for market upside ahead of festive season: Hiren Ved
Markets are cautiously optimistic as the festive season approaches, with expectations of an economic rebound driven by consumption. Synchronized fiscal and monetary easing, coupled with a wealth effect from rising gold prices, are expected to fuel broad-based recovery. Long-term themes like defence and aerospace also present significant investment opportunities.
Clean balance sheets and niche plays driving microcap wealth: Aniruddha Naha
Aniruddha Naha of PGIM India AMC sees opportunities in small and microcap companies. He points to businesses with clean balance sheets and strong cash flows in sectors like water and recycling. Chemicals also present potential wealth generation. Naha emphasizes assessing a company’s technology moat to navigate competition. He advises avoiding expensive segments and companies driven […]
Tata Investment Corp shares crash 90% in just one day! Is that true?
Shares of Tata Investment Corporation fell sharply on October 21, hitting a low of Rs 1,015 on the NSE, following a 1:10 stock split. The apparent drop is purely optical, as the company’s market capitalisation and investor holdings remain unchanged. Post-split, the stock opened around Rs 1,056, making shares more affordable and improving liquidity.
Multi-cap strategy key for Samvat 2082 as valuations normalize: ICICI Pru Life CIO
ICICI Prudential Life Insurance’s Gautam Sinha Roy sees normalized valuations and a balanced market setup for Samvat 2082. He advises a multi-cap strategy, combining large-cap stability with selective mid-cap opportunities, to navigate global volatility and capture domestic growth. Investors should focus on fundamentals and maintain a long-term equity bias for sustainable real returns.