Market analysts anticipate consolidation with an upward trend, backed by RBI’s monetary policy, consistent domestic fund flows. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday. While Nifty50 was above 25,150, BSE Sensex was near 86,650. At 9:19 AM, Nifty50 was trading at 26,157.10,…
NEW DELHI: It isn’t just luxury cars and apparel that are attracting buyers. Luxury homes now account for more than a quarter of the supply as against 16% four years ago. In terms of demand, their share has increased from 14% to 18%, according to a new report.Besides, it is now expanding into new cities,…
BENGALURU: AceVector, the parent company of the ecommerce platform Snapdeal, submitted an updated draft red herring prospectus to the Sebi, moving closer to its public debut. The filing outlines plans to raise up to Rs 300 crore through a fresh issue of shares, along with an offer for sale (OFS) of up to 6.3 crore…
File photo: Union commerce and industry minister Piyush Goyal New Delhi: The visiting EU team will hold discussions with Union commerce and industry minister Piyush Goyal on Monday on the progress of negotiations on the proposed FTA, an official said. The meeting is important as both sides are eager to conclude the negotiations as early…
NEW DELHI: Foreign investors have pulled out Rs 11,820 crore ($1.3 billion) from Indian equities in the first week of this month, primarily driven by the sharp depreciation of the rupee.This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, further pressuring markets.This takes the total outflow for 2025 to Rs 1.55…
US President Donald Trump on Sunday raised concerns about the recent Hollywood deal that shook up the media landscape, Netflix acquisition of Warner Bros. The US president, speaking to the media while arriving for the Kennedy Center Honors awards ceremony on Sunday, said that the proposed multi-billion-dollar acquisition raised concerns about market dominance. The streaming…
MUMBAI: RBI has granted in-principle approval for Fino Payments Bank to convert into a small finance bank, allowing it to enter lending, widen its product suite and build a stronger liability franchise while continuing current operations until final clearance. It is the RBI’s first such approval for any payments bank. Fino said it is reworking…
MUMBAI: Bajaj Finance has said that its voice bots will disburse Rs 5,300 crore of loans in FY26 – its first full year of operations. This channel will be completely taken over by AI agents as part of its 2026-30 long-range strategy which has AI as the backbone of its growth plans that links targets…
MUMBAI: Trading in rights entitlements (REs) for Adani Enterprises picked up pace in the last two sessions of the week as the closing date for the Rs 25,000-crore issue neared. In the last two sessions, nearly 50 lakh rights entitlements were traded on the two exchanges with the price moving up by 23%. The offer…
MUMBAI: RBI’s plans to add nearly Rs 1.5 lakh crore to money markets will provide temporary relief but that may not be enough, analysts say. Further action could be required in the fourth quarter of the current fiscal, they said. If the rupee remains under pressure, RBI may need to use its reserves to limit…
