Stock Market
Ionic Wealth, a fast-growing wealth management firm, has achieved a significant milestone by crossing $1 billion in Assets Under Management (AUM). The company’s success is being attributed to its unique focus on mid-level wealth customers, a segment often overlooked by traditional private banking and high-net-worth advisory firms. Background of Ionic Wealth’s Growth Founded with the…
Shares of Varun Beverages Ltd (VBL), one of the largest franchise bottlers for PepsiCo globally, are currently trading close to their 52-week low of ₹419.55, raising concerns among investors about short-term weakness. Despite this dip, analysts remain cautiously optimistic, citing strong fundamentals, consistent revenue growth, and long-term expansion opportunities across India and Africa. Current Market…
India’s mutual fund industry is witnessing a pivotal change as the Securities and Exchange Board of India (SEBI) introduces greater flexibility in equity schemes. Quant Mutual Fund has highlighted that this regulatory shift could significantly enhance downside protection for investors, while also offering fund managers more room to adapt to market volatility. Strategic Importance of…
George Joseph, Chief Investment Officer at ASK Investment Managers, has outlined his preference for large-cap stocks over small and midcaps (SMIDs), citing valuation comfort, earnings visibility, and sectoral opportunities. As global capital flows shift and volatility grips equity markets, his strategy emphasizes patience, disciplined allocation, and a focus on quality businesses. Why Largecaps Over Smallcaps…
Piramal Finance and IIFL Finance are reportedly engaged in exploratory discussions for a potential deal involving microfinance institutions (MFIs). According to sources familiar with the matter, the talks are at a preliminary stage, but the move signals growing interest among large financial players in expanding their footprint in the microfinance sector. Market Context and Strategic…
Paras Defence and Space Technologies Limited witnessed a sharp rally of nearly 11% in its stock price after announcing a landmark Memorandum of Understanding (MoU) with South Korea’s Green Optics Co., Ltd. The collaboration is set to focus on advanced optics and optical systems for defence and space applications, marking a significant milestone in India’s…
Shares of Suzlon Energy slipped more than 1.6% to ₹43.52 on March 3, 2026, after Motilal Oswal Financial Services (MOFSL) cut its valuation multiple and revised the target price for the renewable energy major. The move came after MOFSL analysts met Suzlon’s management team, including Executive Vice Chairman Girish Tanti and CFO Rahul Jain, to…
Shares of Indian Railways Finance Corporation (IRFC) fell sharply on March 2, 2026, slipping below the ₹100 mark for the first time since January 2024. The stock hit an intraday low of ₹96.05, extending a sell-off that has persisted across four of the last five trading sessions. The decline follows the government’s Offer for Sale…
The recent Supreme Court judgement in the Tiger Global case has sent ripples across India’s financial and investment community. The ruling, which redefined aspects of international taxation and treaty interpretation, has raised questions about the future of foreign fund participation in India’s markets. Addressing these concerns, SEBI Chairman Tuhin Kanta Pandey remarked that “whenever these…
Shares of Larsen & Toubro (L&T), India’s engineering and construction giant, have come under sharp focus as investors weigh the company’s significant exposure to the Middle East amidst the ongoing Iran–Israel–US war. With geopolitical tensions escalating, analysts are closely monitoring how L&T’s overseas projects, particularly in the Gulf region, could be impacted. Background of L&T’s…
