The National Stock Exchange (NSE) has introduced changes to the market lot sizes for derivative contracts on select indices. These revisions, set to take effect from April 25, 2025, will influence traders and investors involved in Nifty Bank and Nifty Mid Select index derivatives. Key Changes in Market Lot SizesUnder the updated guidelines: The BANKNIFTY…
S. Naren, CIO of ICICI Prudential, is increasing exposure to large-cap stocks, highlighting valuation challenges rather than macroeconomic concerns. Despite looming US tariffs, he remains cautiously optimistic, advocating for a balanced investment strategy. Overseeing more than $100 billion in assets, Naren told Bloomberg News, “India doesn’t have a macro problem—it has a valuation problem.” He…
Indian benchmark indices have posted impressive gains, with the Sensex climbing 6.5% and the Nifty rising 7% since the beginning of March. Broader markets have outshoned the benchmarks, as the BSE Midcap and Smallcap indices surged by 9.8% and 11.1%, respectively. However, despite this sharp rally, investor participation in the cash segment has remained muted,…
Mahindra & Mahindra (M&M) is reportedly in discussions to acquire Japan-based Sumitomo Corporation’s entire stake in heavy vehicle manufacturer SML Isuzu, according to a March 24 report by CNBC-Awaaz. The potential deal is expected to strengthen M&M’s presence in the trucks and buses segment. Sources indicate that M&M is considering a valuation of ₹1,400-1,500 per…
The Indian stock market witnessed a remarkable rebound last week, with benchmark indices Nifty and Sensex surging over 4%. This sharp rise was fueled by improved investor sentiment, increased foreign inflows, and favorable global factors. According to Ajit Mishra, SVP of Research at Religare Broking Ltd., while market sentiment remains positive, investors should exercise caution…
The bulls are running strong on Dalal Street, but smart traders know better than to get caught up in the euphoria. As we look ahead to March 21’s trading session, here’s what you need to know about the market’s direction. Market’s Winning Streak ContinuesThe party on D-Street shows no signs of stopping. The Sensex just…
Jyoti has announced that it has secured a significant order worth ₹9.90 crore from GVPR Engineers, Hyderabad, for a project based in Pipalkhunt, Rajasthan. The contract entails the design, manufacturing, and supply of six pump sets equipped with HT motors of 2.8 MW and 3.7 MW ratings. Additionally, the order includes a forced water system,…
Foreign Portfolio Investors (FPIs) have been steadily withdrawing funds from the Indian equity market, with a notable sell-off of Rs 30,000 crore in the first fortnight of March 2025. This trend follows a significant outflow of Rs 34,574 crore in February and Rs 78,027 crore in January, bringing the total outflow to Rs 1.42 lakh…
The automotive world is watching as Nissan undergoes a significant leadership transition. In an announcement that sent ripples through the industry, the Japanese automaker revealed that CEO Makoto Uchida is stepping down, with Chief Planning Officer Ivan Espinosa set to take the reins as of April 1st. This change comes at a critical juncture for…
External Review Expected to Conclude by Q4 FY25 IndusInd Bank, one of India’s leading private sector lenders, has warned of a potential loss of Rs 1,500 crore due to adjustments in its derivatives portfolio. This impact, estimated at 2.35% of the bank’s net worth as of December FY25, stems from hedging instruments used to manage…
