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FPIs dump Indian equities worth Rs 33,598 cr in Jan so far. Is the sentiment set to worsen further?
According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, FPIs not only continued their selling spree in the week ended January 23 but also intensified it. The sustained outflows have wiped off Rs 16 trillion in market capitalisation for the week alone, contributing to a 2.5% decline in the Nifty index.
Dalal Street Week Ahead: Volatility to stay elevated, traders urged to stay nimble
Markets experienced a sharp corrective move, with Nifty ending lower after a volatile week and breaking below key technical levels. India VIX surged, signaling increased risk perception. Despite a potential technical rebound due to oversold conditions, volatility is expected to remain elevated, especially with F&O expiry.
Adani Group clarifies on US SEC summons report; says no allegations against company
Adani Group companies clarified via stock exchange filings that they are not parties to any US SEC legal proceedings. Reports indicated the SEC sought court approval to serve summons to Gautam Adani and Sagar Adani via email after Indian authorities denied previous requests. The group reiterated no allegations are against the company.
Citigroup plans to lay off more employees in March — who will get impacted? Here's what report says
Citigroup plans new layoffs in March after cutting 1,000 jobs in January. The cuts, affecting mainly senior staff, are part of CEO Jane Fraser's cost-reduction strategy. Details here.
Govt of Singapore’s India portfolio: 11 stocks rally up to 90% in 10 months, new Q3 pick unveiled
Despite the decline in overall portfolio value during FY26, stock-level performance remains encouraging. More than half of the holdings delivered positive returns, with 11 stocks surging between 25% and 90% within a span of less than 10 months in FY26.
F&O Talk | Nifty cracks 5% in 11 days: Is this just the beginning of a deeper slide? Sudeep Shah weighs in
Indian equity markets closed the week on a subdued note, impacted by profit-booking and foreign investor outflows. Global trade concerns and domestic earnings disappointments weighed on sentiment. Analysts suggest caution ahead of the Budget, with Nifty facing resistance and broader markets showing weakness. PSU banks are outperforming private peers.
FY25 Financial Tracker: Tracking The Financial Performance Of Indian Startups
The Indian startup ecosystem has witnessed a massive transformation in its operational ethos and strategic priorities over the past few…
Kotak Mahindra Bank Q3 net profit up 4%, slightly below estimates; asset quality improves
Kotak Mahindra Bank reported a consolidated PAT of ₹3,446 crore for Q3 FY26, up 4.3% YoY, slightly below estimates. Net interest income rose 5.1% to ₹7,564 crore. Asset quality improved with gross NPA at 1.30% and net NPA at 0.31%. Consolidated customer assets grew 15% YoY to ₹598,780 crore, and domestic MF AUM rose 20% to ₹586,610 crore.
Chinese apps dominated Android and iOS downloads in US in 2025 — Here's how TikTok, CapCut, Temu, Shein fared
Des[ite pressure from the Donald Trump administration, Chinese apps continued to dominate download list in the United States last year. Here's how ByteDance's TikTok and CapCut, and fashion retailers Temu and Shein fared.
Kotak Mahindra Bank Q3 results: Standalone PAT rises 4% YoY, NII grows 5%
Kotak Mahindra Bank has announced a solid financial performance for the third quarter of fiscal year 2026. The private lender saw its standalone net profit climb 4% year-on-year to Rs 3,446 crore. This growth was supported by a 5% rise in net interest income, reaching Rs 7,565 crore, indicating a healthy expansion in its core lending operations.
Hitachi Energy India faces ₹26 crore tax demand for AY 2022-23, to appeal with ITAT
Hitachi Energy India received a total tax demand of ₹26.07 crore for AY 2022-23, comprising ₹16.40 crore as income-tax and ₹9.67 crore as interest, related to alleged disallowances of interest on delayed receivables and group management fees. The company considers the demand unjustified and plans to file an appeal with the Income-tax Appellate Tribunal (ITAT).
UltraTech Cement Q3 Results: Net profit surpasses estimates at ₹1,729 cr on strong cement sales
UltraTech Cement reported a consolidated Q3 FY26 net profit of ₹1,729.4 crore, up 27% YoY, exceeding estimates, after accounting for a one-time exceptional expense of ₹88 crore under the new Labour Code. Revenue rose 23% to ₹21,830 crore, while EBITDA grew 35.2% to ₹3,915 crore, with margins improving to 17.94%. Consolidated cement sales volumes grew 15% YoY, with domestic grey cement markets up 29.4%. Capacity utilisation improved to 77%, and the company commissioned 1.8 mtpa of new cement capa
UltraTech Cement Q3 results: Cons PAT zooms 32% YoY, net sales up over 22%
Ultratech Cement has announced strong financial results for the third quarter of FY26. The company's profit after tax saw a significant 32% year-on-year increase, reaching Rs 1,792 crore. Net sales also climbed by 22.5% year-on-year to Rs 21,506 crore. These figures exclude the impact of the New Labour Code.
Not just Shanghai, Nvidia CEO Jensen Huang likely to visit Beijing amid surprise customs block for H200 chip
Jensen Huang's annual Shanghai visit is likely to lead to a Beijing detour after Nvidia's H200 chips were met with a surprise customs block from Chinese authorities last week, as per a report. Here's what we know…
Silver breaches $100/oz: Is the white metal’s best yet to come?
Silver has surged past $100 per ounce for the first time, driven by a confluence of factors including a weakening dollar, robust industrial demand for green technologies, and supply constraints. Analysts highlight its evolving role from a safe haven to a critical mineral, with expectations of continued strength amid global economic shifts and geopolitical uncertainties.
Wipro, Persistent Systems, 21 other stocks approach ex-dates for dividends, rights issues. Check details here
In the upcoming week, a host of companies have announced such actions, ranging from high-percentage interim dividends to rights issues at discounted prices. The following slides provide a detailed, day-wise summary based on StockEdge data.
Jio Financial Services sets up wholly owned AIF Investment Manager subsidiary
Jio Financial Services has incorporated a wholly owned subsidiary, Jio Alternative Investment Manager Ltd, to act as the investment manager for a proposed Alternative Investment Fund, and will invest ₹1 crore as initial capital, with no related party involvement or regulatory approvals required.
Investors lose ₹16 lakh crore as Sensex, Nifty crash; Adani Group stocks among biggest losses
For the week, the BSE Sensex declined by 2,032.65 points, or 2.43 per cent. The larger NSE Nifty also fell by 645.7 points, or 2.51 per cent.
United Breweries clears productivity plan to deliver 3%–6% annualised cost savings
United Breweries’ board has approved a Productivity and Cost Effectiveness Program aimed at improving operational efficiency and profitability amid regulatory pressure, high taxes and rising input costs. The programme includes business reorganisation, brewery network optimisation, portfolio rationalisation and cost controls across logistics, packaging and sourcing, and is expected to deliver sustained annualised savings of 3% to 6%, which the company plans to reinvest to drive long-term growth i
This investment bank chief's pay rose 21% to $47 million for 2025, beating JPMorgan CEO Jamie Dimon's salary hike
Goldman Sachs Group Inc. CEO David Solomon saw his biggest pay hike yet, as the investment banker's compensation for 2025 jumped by 21% to $47 million, according to reports. Here's all we know…