Latest Stock Market News

Upcoming corporate actions for Angel One, Havells India, and more include dividends, stock splits, and bonus issues. Track record dates to secure your shareholder benefits.

Swiss Bitcoin advocates aim to enshrine the cryptocurrency in the constitution, positioning it alongside traditional reserves like the dollar, euro, and gold. Campaigners have begun gathering signatures to push for a national vote, challenging the Swiss National Bank’s stance.

Kotak Bank Q3 Results: India’s third largest private bank by market capitalisation Kotak Mahindra Bank on Saturday reported a 10% jump in its December quarter net profit at Rs 3,305 crore versus Rs 3,005 crore reported in the year ago period.

The Nifty 50 index has dropped 11.5% since its September 2024 peak, reflecting weak GDP growth and earnings. Defensive sectors like FMCG, IT, and Pharma have shown resilience, with FMCG poised for potential growth amidst low market weightage and historical trends.

PMSBazaar.com reported stellar 2024 performances in Alternative Investment Funds (AIF). Finavenue Growth Fund led with 132% returns, followed by Negen Undiscovered Value Fund (57%), and Carnelian Asset’s Structural Shift Fund (47%).

Alok Ranjan, Senior Fund Manager at ITI Mutual Fund, sees valuations normalizing and advises diversifying portfolios amid upcoming volatility. He emphasizes stock-picking opportunities in financials, IT, healthcare, and capital goods for medium to long-term gains.

Profit was driven by a one-time land sale gain, rupee depreciation and improved rate of deal wins in its key verticals of banking, financial services & insurance (BFSI) and hi-tech & media.

Oil prices saw a strong start in 2025, with Brent oil rising over 9% in January. Factors such as fresh US sanctions on Russian oil, OPEC+ production cuts, soaring heating demand due to cold winter, and falling US stockpiles contributed to the price increase. China’s economic slowdown in 2024 kept prices relatively stable.

ICICI Lombard General Insurance has reported a significant 67.9% rise in net profit for Q3 FY25, reaching ₹724 crore. The increase is partly due to a substantial 155% rise in capital gains. GDPI saw a slight decline of 0.3%, but adjusted growth was 4.8%. The combined ratio improved to 102.7%.