Business
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ICICI Bank: Top Stock Pick by Major Brokerages
ICICI Bank is the unanimous top stock pick by Morgan Stanley, HSBC, and BofA Securities, despite differing Sensex outlooks. Discover why.
India’s New Closing Auction: ETF Gains, Arbitrage Fund Woes
India’s new Closing Auction Session benefits ETFs by reducing tracking error but challenges arbitrage funds with wider cash-futures price divergence.
MV Electrosystems IPO Lists on NSE with 22% Premium
MV Electrosystems debuts on NSE with over 22% premium, raising ₹290 crore via new equity. Strong market interest evident in successful IPO.
India IPOs: ₹10,000 Cr Expected in August 2026
August 2026 set to be a blockbuster month for India’s primary market with 6 mainboard IPOs and potential listings like Zepto aiming to raise ₹10,000 crore.
Kotak Launches New Diversified Equity All Cap Omni FoF
Kotak Mutual Fund introduces the Kotak Diversified Equity All Cap Omni FoF, an open-ended fund investing across all market caps. NFO open until Aug 19, 2026.
Amruta Fadnavis Partners with Warner Music India for Music & Brand Deals
Amruta Fadnavis, wife of Maharashtra CM Devendra Fadnavis, signs exclusive deal with Warner Music India for music releases, brand endorsements, and public profile management.
US Oil Output Hits Record High Amid Rig Count Drop
Despite a 40% drop in active rigs, US crude oil production nears a record 14 million barrels per day, driven by efficiency and tech advancements.
CarTrade Tech FY26 Profit Jumps 68%, AI Strategy Boosts Valuation
CarTrade Tech reports a 68% profit surge to Rs 244 crore in FY26, driven by AI-led services and used-vehicle market expansion, aiming to justify its valuation.
Biocon Q1 Profit Soars 348%, Shares Rise
Biocon Ltd. shares climbed nearly 3% after the biopharmaceutical company reported a massive 348.4% surge in Q1FY27 net profit, driven by strong performance in its core businesses.
India Glycols: Hold Rating Issued by MarketsMOJO
MarketsMOJO assigns a ‘Hold’ rating to India Glycols Ltd, citing fair valuation and balanced prospects despite below-average quality metrics. Learn more.
Pragyawan Technologies IPO: ₹400 Crore Fresh Issue Filed
Pragyawan Technologies files DRHP for a ₹4,000 million IPO. Funds to support working capital and general corporate purposes. Shares to list on BSE & NSE.
RBI Holds Repo Rate at 5.25%: Real Estate Stability Ensured
India’s Reserve Bank maintains repo rate at 5.25%, offering crucial cost certainty and stability for the real estate sector, benefiting homebuyers and developers.
Retire Rich: Streamline 30+ Mutual Funds for 60-Year-Olds
Expert Hrishikesh Palve guides a 60-year-old on restructuring 30+ mutual funds into three baskets for retirement liquidity, growth, and long-term wealth.
5.00% Money Market Account Rates: Beat the Average
Earn a competitive 5.00% on your money market account today, far exceeding the national average of 0.47%. Discover high-yield banking options.
Great Eastern Shipping: Record Earnings, Stock Dips Amid Caution
Great Eastern Shipping Co. shares fall 4% despite record Q1 earnings and strong dividend, as management signals cautious capital allocation and fleet modernization.
Missed Life Insurance Premium? Avoid Policy Lapse
Missed a life insurance premium? Understand grace periods, revival options, and how to prevent your policy from lapsing to ensure your financial protection remains active.
Indian Stocks Rise: Fund Buying & RBI Optimism Boost Indices
Indian equity markets, including Sensex and Nifty 50, extend gains driven by robust fund buying and positive economic outlook from RBI Governor.
Anup Engineering Profit Plummets 95.66% in June Quarter
Anup Engineering reports a drastic 95.66% drop in Q1 FY27 PAT to Rs 11.09 million, with sales down 30.41%. Explore the financial downturn.
Chalet Hotels Expands ATHIVA Brand with 2 New Properties
Chalet Hotels adds 381 keys across two new ATHIVA brand properties in Hyderabad and Pune, strengthening its presence in key Indian commercial hubs.
India’s Chemical Sector Sees FDI Double: A Growth Story
India’s Chemicals & Petrochemicals sector witnessed a remarkable surge, with FDI inflows more than doubling between 2014-2026 compared to the previous decade, signaling strong investor confidence.
Sensex Weekly Expiry: New Closing Auction System Introduced
India’s Sensex weekly expiry debuts under the new Closing Auction Session (CAS) system (Aug 3, 2026), introducing a 20-min auction window and market caution.
India’s BoP Surplus by FY27: Kotak MF Projects FDI Surge
Kotak Mahindra Mutual Fund forecasts a BoP surplus for India by FY27, driven by a significant surge in FDI inflows and an upgraded GDP growth projection.
Cummins India Q1 Profit Dips 4% Despite Revenue Growth
Cummins India’s stock fell 4% as Q1 net profit declined 7.8% to ₹543 crore, despite a 17.5% revenue jump to ₹3,426 crore. Explore the reasons behind the market reaction.
Manipal Health IPO Debuts Over 11% Premium on Exchanges
Manipal Health Enterprises lists on stock exchanges with an impressive 11%+ premium, reflecting strong investor confidence post-successful IPO.
Leap India Raises ₹371.3 Cr Pre-IPO, Eyes ₹2,480 Cr IPO
Leap India secures ₹371.3 Cr in pre-IPO placement, preparing for a ₹2,480 Cr IPO opening August 7-11. Key investors include GIC and Dymon Asia.
Gold Prices Rise on US-Iran Peace Hopes; Silver Dips
Gold prices edged up on August 6, 2026, fueled by US-Iran peace deal optimism. Silver prices declined in major Indian cities. Crude oil markets showed mixed movements.
HDFC Nifty Metal ETF: Factsheet Lacks Data, Zero AUM
HDFC Nifty Metal ETF FoF Regular-Growth factsheet shows no operational data and zero AUM. Investors lack key performance metrics and holdings information.
Kotak Predicts India’s FY27 BoP Surplus Amid Rate Hike
Kotak Mahindra Mutual Fund forecasts a BoP surplus for India in FY27, driven by strong FDI inflows despite an anticipated 50 bps rate hike.
Navin Fluorine Q1 Profit Doubles, Stock Surges 7%
Navin Fluorine International Ltd. reports a stellar Q1 FY27 with net profit doubling to Rs 243 crore and revenue up 44%. Stock jumps 7%.
India’s Economy: H2FY27 Slowdown, FY28 Rebound Forecast
ICICI Bank forecasts India’s economy to slow in H2FY27 due to a high base effect, but rebound to 7.2% growth in FY28. Repo rate held at 5.25%.