Mumbai: Mutual funds, insurers, and banks have been stepping up investments in long-term corporate bonds issued by the Adani Group, which has raised around ₹13,750 crore over the past year across five of its companies, market data showed. The group’s bond sales make up more than a tenth of all corporate bonds issued in India…
Indian shares advanced for a fourth session on Monday, with the Sensex climbing 0.5% and the Nifty closing above the 25,800 mark, as heavyweight Reliance Industries and HDFC Bank surged on post-results optimism. Gains were partly offset by profit-taking in ICICI Bank, which capped the broader rally. The S&P BSE Sensex surged 411.18 points, or…
Mumbai: India’s stock indices climbed 1% each on Thursday as the pace of selling by overseas investors slowed, while buyers cheered second-quarter earnings on expectations of a trade truce between Washington and New Delhi. Analysts said the Nifty can inch toward 26,000 levels in the next couple of weeks, but post Diwali, the continuation of…
Axis Bank Limited announced its consolidated unaudited financial results for the quarter ended September 30, 2025, reporting a decline in profit compared to the same period last year. The bank posted a net profit of Rs 5,527.65 crore for the second quarter of FY26, which is about 25.3 per cent lower than Rs 7,401.26 crore…
Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% of the bank’s paid-up share capital and voting rights. Importantly, RBI has clarified that following this acquisition, SMBC will not be classified as a promoter of Yes Bank. The bank…
Stock Market Opening: Despite mixed signals from global markets, Indian equity indices opened flat on Tuesday, August 19. The Sensex was up 94.98 points or 0.12 per cent at 81,368.73, while the Nifty gained 24.45 points or 0.10 per cent to 24,901.40 in early trade. Nifty Bank, IT, Metal and FMCG traded higher. Broader market indices…