Universal Cables Holdings among top 5 unique stocks held by mutual funds in August
In August, around 240 unique stocks—those held by only one fund house—were identified, with over Rs 100 crore in market value. Key examples include Sundaram Finance Holdings, Premier Explosives, Universal Cables, Network People Services Technologies, and E2E Networks.
LIC-backed Paisalo Digital in focus as promoter raises 0.5% stake in smallcap
Paisalo Digital gained attention after promoter Equilibrated Venture Cflow raised its stake to 18.17% by acquiring 45 lakh shares. Despite underperforming with a 37% yearly decline, the NBFC reported Q1 profit of Rs 47 crore, strong AUM of Rs 5,203 crore, and remains supported by LIC’s holding.
Nifty seen heading to 25,300 as metals, midcap IT lead: Axis Securities’ Rajesh Palviya
Indian equities are poised for a potential upswing, with Nifty targeting 25,300 and Bank Nifty aiming for 55,200, according to Axis Securities. Derivative data suggests a shifting base and increased upside potential. Midcap IT stocks, Hindustan Zinc, and National Aluminium are also expected to perform well. Samvardhana Motherson and Bajaj Finserv are top trading picks.
Indian markets eye rally on GST cuts, trade hopes & AI, defence boom: Ajay Bagga
Indian markets ended the week strongly, driven by GST cuts, hopes of US tariff concessions, and earnings recovery. Ajay Bagga highlights global liquidity, Fed rate cut expectations, AI-led IT revival, and defence sector’s multi-decade growth potential despite valuation concerns.
FIIs sell Rs 10,782 crore worth of Indian equities in September, so far. Can GST reform, GDP numbers change tide?
Despite Rs 10,782 crore worth of FII selling in September, Nifty has held firm for eight straight sessions. Analysts say improving macro signals, policy reforms, and potential Fed rate cuts could turn FIIs into buyers again and fuel fresh upside in equities.
F&O Talk| Nifty closes at 8-week high, Bulls to now eye 25,500–25,700 levels: Sudeep Shah
Indian equities closed the week higher as GST reforms, strong domestic demand, and softer US inflation boosted sentiment. Nifty and Sensex gained over 1.5%, while analysts see potential breakout levels for further upside in Nifty and Bank Nifty.
Mid cap mutual funds add over 4 lakh folios in August. Check details
Equity mutual funds recorded a net addition of 19.53 lakh folios in August, taking the total to 17.32 crore. Mid cap, flexi cap, small cap, and sectoral funds led the gains, despite only four new fund launches during the month.
Weekly wrap: 8 BSE 500 stocks deliver double-digit returns. Infosys joins top Sensex gainers
Markets posted modest weekly gains with 64% of BSE 500 stocks closing positive. Dilip Buildcon led gainers with 18%, while Godfrey Phillips India topped losers with 9%. Sectoral strength came from capital goods and IT, while consumer durables lagged.
Invest Rs 30,000, get assured Rs 24 lakh daily: An offer that got an investment advisor barred by Sebi
Sebi has cancelled the registration of Shilpa Garg’s Highlight Investment Research for fraud and mis-selling after she promised astronomical returns, failed to redress grievances, and went unresponsive. She is barred from offering investment advisory services.
Shringar House of Mangalsutra IPO allotment soon. Check GMP, status and other details
Shringar House of Mangalsutra IPO, worth Rs 400.95 crore, saw strong demand, subscribing over 60 times. Allotment will be announced on September 15, with listing on September 17. The grey market premium of Rs 31 suggests potential 18–19% gains, though the actual listing price may vary.