DST GLOBAL

From the Sensex pack, ICICI Bank, HCL Tech, and M&M opened up to 1.5% higher while HDFC Bank, HUL and IndusInd Bank opened lower by up to 1.3%.

Reflecting on past milestones like 50,000 and 75,000 reveals them as profitable buying opportunities, with investors earning double-digit returns even from earlier 'record high' levels. The recent 10,000-point increase from 70,000 to 80,000 signifie...

Of the 16 sectoral indices on the NSE, 9 ended in the green with the Nifty Oil & Gas index ending up as the top performing index with 1.4% gains. It was followed by Nifty Private Bank index and Nifty Bank. Among the laggards were Nifty Auto, Nifty M...

Indian benchmark indices Nifty50 and Sensex hit fourth consecutive record highs on Tuesday, driven by banking and IT stock gains, amid positive global market trends. Sensex rose 308 points to 77,301, while Nifty gained 92 points to 23,558.

Indian equity benchmarks reached new highs driven by US rate-sensitive IT stocks following softer-than-expected US inflation data, fueling anticipation of earlier interest rate cuts by the Federal Reserve.

Investors are bullish about the company, lured by the growing adoption of ultra-fast delivery platforms despite the high cash burn that typically accompanies these kinds of good-for-consumer businesses.

Happy Wednesday! Zepto is holding talks with investment fund DST Global and venture capital firm Lightspeed for funding. Details on this and more in today's ETtech Morning Dispatch.

Nifty formed a long-legged Doji candle on the daily charts to breach a 5-day losing streak as it ended 42 points higher at 22,531. The 50-DMA is placed at around the 22,400 level, and a slip below this level could shift the test to the 22,300-22,260...

Pradeep Gupta of Anand Rathi Group discusses FIIs turning net sellers in India due to various global uncertainties and market volatility, emphasizing the importance of long-term strategic decisions in an interview with ETMarkets. Gupta says: "On a r...

The company is well placed to benefit from any reduction in duty on hybrid vehicles and valuation multiple re-rating from possible listing for Hyundai Motor India.

India's most expensive stock MRF has risen by nearly 60% over the past 12 months though the rally has remained subdued in 2024 so far. In contrast, Nifty Auto has delivered superior returns at 68% in this period while broader Nifty's returns stand a...

A public listing would also give an exit route to existing financial investors including TPG Capital, the people said. The sole contender for the stake, Bain Capital, also has been re-evaluating its plan, especially due to the $800 million to $1 bil...

There will always be risks in the market. At high valuations, risks are higher. The biggest risk is that valuations are lofty. It is important to keep in mind the fact that India is now the most expensive market in the world. At 21,000 Nifty the mar...

Udaan's FMCG business head, Vinay Shrivastava, has resigned amid a series of senior exits at the B2B e-commerce firm. Shrivastava, with nearly four years at Udaan, contributed to significant growth in market share and business. Udaan is restructurin...

Analysts said traders are bracing for sharp swings around the budget announcement for FY25, the government's final one before the national elections this year. "We have seen a negative market trend on average in the past budgets since 2012, and toda...

Indian equities have been far below the 15-16% average compounding for years. In 2010-20, the compounding was only 8.8% — barely above fixed deposit returns. A Rs 100 investment would have become Rs 230 over this decade. Contrast this with Rs 100 in...

A rising share of sticky funds is an indication that redemption pressure on Indian equities would be relatively lower during the period of extreme risk aversion as sticky funds' outlook on India continues to remain favourable.

Considering the upper price band of Rs 140, the stock is likely to debut with a premium of 16%. The IPO was well-received by investors with a subscription rate of 29.76 times.

Reliance Industries as well as state-owned oil and gas companies, property, automobile and heavyweight financials were at the vanguard of Thursday's rally that also pushed the broader market to newer heights.