Shares of Billionbrains Garage Ventures the parent of retail broker Groww have surged sharply since listing, rising from the IPO price of ₹100 to an intraday high above ₹153, handing early investors gains of roughly 50% in just days after debut. The rapid rally has reignited debate among analysts and…
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Bajaj Housing Finance Q2 Profit Rises 18% to ₹643 Crore
Mumbai, November 6: Bajaj Housing Finance Ltd reported an 18% year-on-year (YoY) rise in its profit after tax (PAT) to ₹642.96 crore for the second quarter of FY26, driven by strong loan growth and higher interest income, according to the company’s regulatory filing. The non-banking financial company (NBFC) recorded a…
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Muhurat Trading 2025: Global Cues Lift Indian Markets
The Indian stock market is poised for a bright start to the Hindu new financial year — Samvat 2082 — as the special 1-hour Muhurat Trading 2025 session opens today (Tuesday, 21 October 2025) from 1:45 pm to 2:45 pm . Global markets are lending buoyancy to the festivities: Asian stocks…
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Diwali 2025: Are Banks Open or Closed Today?
While Indian stock exchanges hold a special Muhurat trading session on Diwali, bank operations follow a state-wise holiday calendar announced by the Reserve Bank of India. On Tuesday, October 21, 2025 (Diwali/Deepavali & Govardhan Puja), many bank branches are closed in several cities while most branches in major metros remain…
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Weekly Market Wrap: SENSEX, NIFTY50 Gain 2%
Equity benchmarks continued their winning streak for the second consecutive week as the NIFTY50 surged 391.10 points, or 1.6%, while the BSE SENSEX added 1,293.65 points, also up 1.6%. Investor optimism was driven by strong sectoral performance, global cues, and anticipation for the July–September quarterly earnings season. Top Gainers and…
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PSU Bank Shares Rise on Govt Clarification on Stakeholding
Shares of four public sector banks—Indian Overseas Bank, Punjab and Sind Bank, UCO Bank, and Central Bank of India—rose on Wednesday after the Department of Financial Services (DFS) clarified its stance on minimum government shareholding. DFS secretary M Nagaraju confirmed that the government will not reduce its stake in PSU…
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SEBI Board Clears Major Market Reforms, Eases IPO Norms
The Securities and Exchange Board of India (SEBI) on Friday approved a wide range of reforms to boost market efficiency, ease IPO requirements, and attract more global capital. The decisions, taken at the regulator’s board meeting on September 12, 2025, cover IPO norms, foreign investor access, and alternative investment fund…