Indian equity markets experienced robust trading in June, reaching a 23-month high in cash market turnover. Proprietary traders’ share of cash market turnover decreased, indicating broader investor participation. Foreign investors significantly increased their presence in equity futures, reaching a record high. Domestic institutional investors also boosted their share in equity futures during this period. Individual…

Manipal Health Enterprises plans a billion-dollar initial public offering this month. The company will announce its price band on July twenty-fourth. The offering includes a fresh issue of shares and an offer for sale. Proceeds will primarily be used to reduce debt and acquire a minority stake. This follows SBI Funds Management’s successful large IPO…

Lohia Corp plans an offer for sale to raise funds. The company’s revenue grew significantly while its net profit surged. Its order book expanded substantially after strong financial performance. The business is cyclical, depending on agriculture and construction sectors. Investors with higher risk appetite may consider this long-term opportunity.

HDFC Bank is facing fresh scrutiny in the US after three law firms launched investigations into whether the lender violated federal securities laws over allegations that it disguised ₹45 crore in payments to the Maharashtra State Road Development Corporation (MSRDC) as marketing expenses.

Godrej Capital aims to build a Rs 5,000 crore gold loan book. This expansion follows their acquisition of Kanakadurga Finance’s gold loan portfolio. The company plans to increase its specialized gold loan branches to 350. This strategy involves deepening presence in existing regions and launching new operations. Godrej Capital targets a Rs 1 lakh crore…

Seven Indian fintech firms have written to NPCI regarding its UPI Meta protocol. They argue the proposed framework risks locking customers into a single default payment app. This change could adversely impact competition and innovation within the digital payments ecosystem. The companies request broader consultation before NPCI proceeds with the framework. They believe the current…

Infosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue growth in dollar terms. AI-driven sales are gaining traction, though still on a small base. Profitability varied across companies, with some margins contracting and others improving. Stock valuations reflect uncertainty over future growth prospects and market conditions.

The regulator said the review has been done due the rapid expansion of the PMS industry, where AUM (assets under management) has multiplied to ₹42.61 lakh crore as of May 2026 from ₹18.07 lakh crore in April 2019. “Considering the increasing sophistication of investors, growing demand for more personalised solutions and diverse investment portfolio, a…

North India now leads the nation in registered investors, surpassing the West. This significant shift accelerated after the pandemic with increased internet access. The North region saw its investor base expand six times since FY19. Maharashtra remains the largest state, though its share has declined. Uttar Pradesh has now overtaken Gujarat as the second-largest investor…

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