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In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of Axis Bank and its subsidiaries-Axis Capital and Axis Securities-from 19.02% to 19.99%. Max Financial Services holds 80.01%.
Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tighter West Asian liquidity are impacting these mobilizations. Early estimates had not fully factored in the tax impact on non-resident Indians. The Reserve Bank of India’s special incentives for this program will conclude on September thirtieth. HDFC…
Corporate earnings season is gathering steam with key updates expected soon. Alphabet and Intel reports will influence the market-leading artificial intelligence trade. High profit expectations and Iran war uncertainty are currently impacting investor sentiment. The S&P 500 saw a weekly decline, driven by semiconductor share pullbacks. However, the benchmark index remains significantly up for the…
Nifty’s Friday rebound has broken its recent range, but a sustained uptrend is yet to be confirmed. Geojit’s Anand James sees 24,400 as near-term resistance and flags India Cements and Bharat Forge as top trading picks.
Veteran strategist James ‘RevShark’ DePorre challenges the passive “buy and hold” mantra, arguing investors should stay alert and react to market conditions rather than predict them. Capital preservation and disciplined risk management form the backbone of his five-point investing philosophy.
The Nifty ended the week with modest gains as the index defended the crucial 23,800–24,000 support zone, keeping the broader technical structure positive. Analysts expect the next move to hinge on the 24,500 resistance level, where the 100-week moving average could pose a hurdle. A breakout above this zone may revive stronger upside momentum, while…
Investors must hold shares in their demat accounts on the respective record dates to be eligible. Here is the complete day-wise list of key corporate actions to track.
ICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, strong fee income and lower provisions. Net interest income increased 12.7% to Rs 24,384 crore, while fee income jumped 23.5%. The bank’s net interest margin remained stable at 4.36% during the…
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Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating by Rs 1.54 lakh crore. Tata Consultancy Services claimed the spotlight, boosting its valuation by Rs 72,072.3 crore. ICICI Bank and Reliance Industries also experienced notable increases. However, the tide turned for HDFC Bank and Bharti Airtel,…