Shares of Jio Financial Services surged 5.4% intraday to hit the day’s high of Rs 250.50 on the NSE. The price action happened amid strong volumes as over 1.5 crore shares changed hands with a total traded value crossing Rs 374 crore. The stock extended gains to second session in a row, gaining nearly 7%…
Although Foreign Institutional Investors (FIIs) turned net buyers in February, picking up Indian equities worth Rs 22,615 crore during the month, Friday’s sharp sell-off has cast doubt on the sustainability of that trend reversal. With the Iran-Israel conflict escalating over the weekend, risk appetite could take a back seat, prompting foreign investors to adopt a…
Zerodha co-founder Nithin Kamath has cautioned investors to pay closer attention to Depository Participant (DP) charges, saying these often-overlooked fees can significantly increase the cost of trading, especially when brokers levy them as a percentage of transaction value. In a post explaining how DP charges work, Kamath said that every time an investor sells shares,…
ET Intelligence Group: The Reserve Bank of India’s (RBI) draft norms aimed at curbing mis-selling of financial products could weigh more heavily on the private sector banks given their higher reliance on insurance income. According to the data collated by ETIG from annual reports, the share of insurance income in the other income for the…
Reliance Industries Ltd.’s refined product shipments to Europe face mounting uncertainty as confusion over sanctions compliance forces diversions and raises questions about the conglomerate’s access to a key market. Two tankers carrying middle distillates from Reliance’s Jamnagar facility have been diverted from Rotterdam to West Africa, according to Argus, citing tanker tracking data in a…
Wall Street‘s tech-heavy Nasdaq slipped to a one-week low on Thursday as fresh worries over Oracle‘s hefty AI spending plans overshadowed optimism over a less hawkish tone from the Federal Reserve. Oracle plunged 14% after its quarterly forecasts fell short of analysts’ estimates and the company raised its annual spending forecasts, reigniting worries that the…
After a forgettable 2024, Reliance Industries, India’s largest company by market capitalisation, is now delivering its strongest bull run since the Covid year of 2020. The blue-chip Nifty stock has already surged over 26% in 2025, adding a staggering Rs 4.4 lakh crore to its market value, which now hovers near the Rs 21-lakh crore…
Markets never move in straight lines. No investor can predict the direction of the next cycle. There are periods of strong gains and high confidence, followed by times when bond yields rise, inflation pressures build, or global events shake sentiment. These shifts are natural—markets move through cycles of optimism and caution. In this environment, investors…
Shares of Anil Ambani-led Reliance companies tumbled up to 10.5% in morning deals on Monday, October 13, after the Times of India reported that the Enforcement Directorate arrested senior Reliance Power executive Ashok Kumar Pal in the alleged fake bank guarantee and fake invoicing case on Saturday. Reliance Power shares cracked over 10% to their…
Shares of Reliance Power gained as much as 15% to their day’s high of Rs 50.75 on the NSE on Friday, October 10, amid renewed buying interest and strong volumes. Data showed that around 7 crore equity shares of the company changed hands, compared to its one-week and one-month average trading volumes of 2 crore…