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MUMBAI: India's largest non-banking finance companies (NBFCs), including Bajaj Finance, Tata Capital and Shriram Finance, are seeking a meeting with the Reserve Bank of India (RBI) to urge the banking regulator to reconsider its proposed blanket prohibition on
Indian benchmark indices ended mixed on expiry day, with the Sensex gaining 114 points while the Nifty slipped over 40 points. Broader markets advanced, while metal stocks declined and FMCG and realty gained
In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cau
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On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalating tensions in the Middle East. Nevertheless, the broader markets displayed resilience as small and midcap indices thrived
Indian benchmark indices ended largely flat on Monday as rising crude prices and Middle East uncertainty offset optimism from softer US jobs data. The Nifty50 edged up 0.05%, while the Sensex gained 0.06%
Indian equity markets closed lower on Friday, with the newly launched closing auction session continuing to create a divergence between the benchmark indices Sensex and Nifty.Sensex closed nearly 456 points lower (0.58%) at 78,499, while Nifty 50 fell only 65