Banks remain wary of NBFCs despite lower risk weights
Following the RBI’s restoration of risk weights, bank lending to NBFCs has slowed significantly, growing only 2.6% in the first four months of FY26. Banks are particularly cautious towards smaller NBFCs with high exposure to microfinance and unsecured loans.
Investor interest in stressed green power assets grows
Investor confidence in renewable energy is surging, driving up the value of distressed assets. Recent auctions of wind energy firms like Regen Powertech and Wind World (India) have seen bids exceeding reserve prices significantly, boosting lender recoveries. This renewed interest is fueled by India’s ambitious renewable energy targets and a turnaround in the power sector […]
Railway stocks chug ahead on capex push, order wins
Railway stocks experienced a surge on Monday, fueled by substantial order wins and the government’s capital expenditure push. Ircon International and RailTel Corporation of India led the gains, driven by positive sentiment from recent project inaugurations and significant capex announcements. Analysts predict further near-term gains for select stocks, advising investors to exercise caution due to […]
Gold loans turn safe haven for low-income borrowers
Lower-income borrowers in India are increasingly favoring gold loans over microfinance due to soaring gold prices and stricter MFI lending practices. Gold loans have surged by 122%, driven by lower interest rates and a shift in perception towards gold as a mainstream financial tool.
Fund managers reshuffle portfolios in August, bet on auto, financials and IT counters
In August, fund managers actively adjusted their portfolios, focusing on stock-specific opportunities. Significant shuffling occurred within the automobile sector, involving Maruti Suzuki, Mahindra & Mahindra, and others. Financial and IT sectors also saw rotations, with increased interest in Kotak Mahindra and ICICI among larger banks, while consumer saw Varun Beverages being bought and ITC and […]
Commodity Radar: Buy on dips as gold consolidates ahead of Fed. 5 tech tools to sharpen your trades
Gold traded slightly weaker on Monday amid profit booking before the US Fed policy outcome. October futures held near ₹1,09,180 on MCX, with analysts expecting consolidation as rupee weakness supports domestic bullion prices.
Bajaj Group’s Maharashtra Scooters announces 1,600% dividend, stock rises
Maharashtra Scooters, a Bajaj Group company, declared a massive interim dividend of Rs 160 per share (1,600% of face value), sending shares up nearly 3% on Monday. The record date is September 22, with payouts expected around October 13, 2025.
Elon Musk buys $1 billion worth of Tesla shares from open market
Elon Musk, Tesla’s CEO, recently bought company shares worth $1 billion. This purchase occurred on Friday across multiple transactions. It marks Musk’s first open market stock purchase since February 2020. He acquired approximately 2.57 million shares. Tesla’s stock performance has been strong over the past year. The company is also seeking shareholder approval for a […]
Muthoot Finance raises $600 million via international bond markets
Muthoot Finance, India’s largest gold loan NBFC, has raised USD 600 million through an international bond issuance under its External Commercial Borrowing (ECB) programme. The proceeds will fund lending activities, allowing the company to extend more credit across India. The issuance saw strong global participation, highlighting investor confidence in Muthoot Finance’s growth strategy and fundamentals.
Eternal becomes top pick in mutual fund portfolios in August, bought for Rs 7,200 crore
Eternal (formerly Zomato) emerged as mutual funds’ top pick in August, attracting ₹7,200 crore, surpassing giants like Infosys and HDFC Bank. Several AMCs, including Aditya Birla Sun Life and Axis Mutual Fund, significantly added the stock, while SBI Mutual Fund reduced its holdings. Overall, equity mutual funds decreased cash balances, deploying funds into opportunities like […]