West Asia tensions delay PPFAS’ India-focused GIFT City funds even as US-focused schemes gain

Parag Parikh Financial Advisory Services Ltd (PPFAS) has put on hold the launch of two India-focused investment schemes from GIFT City amid ongoing geopolitical tensions in West Asia, even as…

smallcase bets on managed mutual fund portfolios to simplify investing

Investment platform smallcase has expanded beyond stocks and ETFs with the launch of mutual fund model portfolios, aiming to help investors move from selecting individual schemes to investing through professionally…

IT stocks recovery arrests Sensex, Nifty slide

Benchmark indices reversed a four-session losing streak on Tuesday, with the Nifty IT index leading a sharp intraday recovery that pulled markets out of early losses driven by geopolitical concerns…

Broker’s Call: Deepak Nitrite (Reduce)

Target: ₹1,014 CMP: ₹1,683.20 Deepak Nitrite’s ₹11,000-11,500 crore integrated polycarbonate capex is a large strategic bet, but the returns economics look weak. The timing of the capex is unfavourable, as…

Broker’s Call: KNR Constructions (Neutral)

Target: ₹130 CMP: ₹132.10 KNR Constructions’ revenue declined about 37 per cent to about ₹530 crore during Q4FY26 (16 per cent above our estimate). EBITDA margin decreased 850 bp to…

Expert view: Reset return expectations, avoid taking extreme positions in equities, says Amit Bivalkar of Equirus Group

Expert view: Amit Bivalkar, Head – Wealth at Equirus Group, says investors should reset their return expectations and avoid taking extreme positions in equities. In an interview with Mint, Bivalkar…

Structural growth drivers continue to attract investor interest in mid, small-caps

At a time when geopolitical tensions and volatility have been impacting equity markets globally, India appears to be relatively in a better position, more particularly in its mid and small-cap…

US stock market today: Nasdaq, S&P 500 edge lower as Middle East tensions keep markets on edge

indicated a muted-to-negative start to Tuesday’s session on 2 June, as investors continued to monitor developments in the Middle East, which had recently triggered a sharp rally in crude oil…

India tightens silver import rules, mandates prior approval

India has tightened restrictions on silver imports by adding grain and ​powder forms to the list of restricted categories and ‌mandating prior valid import authorisation, as the world’s ​biggest consumer…

OYO parent PRISM wins Sebi nod for IPO, targets $7-8 billion valuation

MUMBAI: PRISM, the global hospitality technology company that operates OYO, has received approval from the Securities and Exchange Board of India (Sebi) for its proposed initial public offering (IPO), according…