India's capital markets regulator, the Securities and Exchange Board of India (SEBI), has imposed a cumulative penalty of ₹1 crore on Kalahridhaan Trendz Ltd. (KTL) and its promoters after concluding.
Mankind Pharma Ltd. witnessed a sharp sell-off on Friday despite reporting a strong set of quarterly earnings, highlighting how investor expectations often extend beyond headline profit growth.
India's healthcare sector continued its impressive outperformance on Friday as the BSE Healthcare Index climbed to a fresh all-time high, marking its fourth consecutive month of gains. Supported by strong quarterly earnings.
Temasek-backed Manipal Health Enterprises Ltd. received a strong response from investors as its $960.4 million Initial Public Offering (IPO) was fully subscribed on the final day of bidding.
The announcement triggered strong buying interest, pushing the stock nearly 14% higher to a fresh all-time high on the BSE.
Shares of Mahindra & Mahindra Ltd. (M&M) rallied nearly 5% on Friday after the company reported a strong set of June quarter earnings.
According to commodity market expert Praveen Singh, Head of Commodities at Mirae Asset Sharekhan, silver is likely to trade in the $54–$61 per ounce range in the coming weeks.
India's equity market is witnessing a significant structural transformation, with Domestic Institutional Investors (DIIs) emerging as the dominant force in listed companies.
Indian benchmark indices are expected to begin Friday's trading session on a positive note, supported by strong global market cues, a sharp rebound in Asian equities and encouraging signals from GIFT Nifty.