PROFIT BOOKING
Multi-asset allocation fund inflows plunge 59% to Rs 1,514 crore in October. Are they still good for diversification?
In October, multi-asset allocation funds saw a dramatic 59% decline in inflows, dropping to Rs 1,514 crore. This downturn may reflect profit-taking and shifting investor sentiment amid ongoing market volatility. While gold ETFs struggled, silver ETFs attracted considerable interest following recent price trends. Investors should explore alternative mutual funds for better diversification and revisit their asset allocation strategies, focusing on risk assessments before engaging with multi-asset funds.
DIIs book profits in longest selling streak in 4 years
Domestic institutional investors have recently unloaded more than ₹47,662 crore worth of equities amidst a market upswing. This shift showcases their tendency to lock in profits following substantial input into Indian stocks. Conversely, foreign portfolio investors have returned vigorously, investing about $8 billion since mid-October. This marks a notable change in market behavior, as local investors experience their longest selling streak in four years.
Man Industries' consol profit more than doubles to Rs 82 crore in Jul-Sep
Man Industries reported a more than twofold rise in consolidated Q2 profit to Rs 82 crore, driven by 49% revenue growth and record EBITDA. Saudi acquisition boosted margins, while a Rs 3,500 crore order book supported business prospects.
Sensex erases all Middle East war losses but is it too soon to forget the Hormuz factor?
Sensex and Nifty have recovered all their losses since the Middle East war began, driven by record FII buying, easing crude prices and strong Q2 earnings. But with the Strait of Hormuz remaining a key risk to global oil supplies, can Dalal Street sustain its recovery or is another setback looming?
Sensex, Nifty hit 8-month highs as banks, auto stocks rally
Indian equities have seen significant gains recently, with the Sensex and Nifty reaching their highest levels since February. Heavyweight stocks in the banking and auto sectors contributed to this rally amid declining crude oil prices. Profit booking was expected as investors took some money off the table after the sharp market movements. Foreign investors purchased nearly $7 billion worth of Indian equities during this period.
Stock Radar: Breakout from symmetrical triangle pushes Adani Ports to fresh record highs; time to buy or book profits?
Adani Ports & Special Economic Zone Ltd has broken out from a symmetrical triangle pattern on daily charts. The stock has hit fresh record highs and is recommended for short-term buying opportunities. Experts suggest potential upside targets of Rs 2,000 to Rs 2,100 in the next few weeks. Additionally, the stock demonstrates a strong bullish setup, reflecting positive momentum. The critical stop-loss level for traders is advised at Rs 1,750.
PSBs improve profitability but fail to bridge valuation gap with private peers
The market continues to reward private lenders for their ability to generate higher returns through better customer service, stronger pricing power and a more consistent track record of value creation.
Pharma & healthcare funds top mutual fund return charts with over 19% gains. Should investors invest now or wait for a correction?
Pharma and healthcare mutual funds have topped return charts in 2026 with over 19% gains. While strong sector growth supports the outlook, experts caution against chasing the rally and advise investors to assess valuations, risks and portfolio exposure.
Thomas Cook India expects higher fiscal 2028 travel bookings, delays Europe summer launch
Thomas Cook (India) anticipates a rise in passenger numbers and bookings in fiscal year 2028. The company has postponed its summer European holiday packages due to unrest and extreme weather conditions. Revenue declined in the first half, but travel demand is recovering in the ongoing third quarter. The CEO is optimistic about financial performance improving in the second half of the fiscal year.
Cement trader deposits Rs 14.74 lakh during demonetisation, gets tax notice over Rs 5.72 lakh unexplained cash; wins case in ITAT Cuttack
Mr. Patra, a cement trader from Balasore, encountered problems with the Income Tax Department over cash deposits that were deemed unexplained. Following an injury, he challenged the authorities' findings by presenting evidence from his cash books. The Income Tax Appellate Tribunal reviewed the case and confirmed that he had sufficient cash on hand, ultimately deciding to classify the disputed amount as explained, resolving the legal troubles.
Market wrap: SBI, Trent, Tata Steel, HCL Tech top gainers and losers on Nifty and Sensex on Monday
Sensex and Nifty ended higher on Monday, extending gains after a recent rally, although profit-booking capped the upside. PSU Bank and Pharma stocks led sectoral gains, while IT shares declined. Market breadth remained negative, with more stocks falling than rising. Nifty reclaimed 25,000, with 25,150–25,200 emerging as resistance.
Godrej Properties to launch Rs 32,000 cr homes H2 FY27 amid strong housing demand
Godrej Properties intends to launch residential projects worth Rs 32,000 crore in the upcoming fiscal year. The company aims to double its previous fiscal launches in response to strong housing demand. Sales bookings are expected to rise by 22 percent to reach a record Rs 41,500 crore this year. Despite increased expenses impacting profit levels, total income has shown growth compared to the previous year.
Samvat 2083: How should mutual fund investors rejig their portfolios?
As Samvat 2083 begins, mutual fund investors should review their portfolios, stay disciplined with SIPs and avoid timing the market. Financial advisors share strategies for choosing fund categories, handling underperformers, diversifying across asset classes, booking profits and rebalancing portfolios to align investments with long-term financial goals.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended lower during Muhurat Trading on November 8, snapping a six-session winning streak. Nifty slipped below 25,000 as investors booked profits. However, broader market sentiment remained positive, with 2,716 NSE stocks advancing against 736 declines.
Sensex, Nifty end Muhurat Trading session in red for first time in 9 years. Are the bulls losing steam?
Sensex and Nifty erased all early gains and closed in the red following the Muhurat Trading session on Sunday, marking the first time the benchmark indices ended with losses during the special Diwali session in 9 years.
Gokaldas Exports Q2 profit surges 410% to Rs 41 crore on favourable base, revenue up 13%
Gokaldas Exports reported a 410% year-on-year rise in Q2 FY27 net profit to Rs 41 crore, supported by growth in India and Africa operations, improved product mix and productivity gains. The company also reduced its net debt.
Groww shares decline 7% after Rs 3,708 crore block deal involving 2.8% equity
Shares of Groww parent Billionbrains Garage Ventures fell on Friday after a block deal involving 17.42 crore shares, or 2.8% of the company's equity, worth around Rs 3,708 crore was executed at an average price of Rs 215 apiece. The buyers and sellers were not immediately identified. The decline followed a sharp rally in the previous session, when the stock touched Rs 225.75, and may indicate profit-booking.
Indian stocks set for pullback after sharp rally on oil slide, foreign inflows
Indian markets are likely to experience a decline on Friday following a global market selloff. Investor concerns are rising due to the impact of the US Democratic win on regulations and foreign policy. Both Nifty 50 and BSE Sensex ended their six-session winning streak on Thursday. Foreign institutional investors made substantial stock purchases amid shifting market dynamics related to AI.
Uber's profit forecast disappoints as driver shortages, Middle East conflict hurt
The company is responding by spending more to recruit and retain drivers, a cost that will be watched closely because it comes as the company also funds a major push into autonomous vehicles and a string of acquisitions.
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