Market

Ola Electric said it has not received any official notice regarding the closure of its showrooms in Maharashtra. Source

Pranav Adani accused of insider trading, seeks settlement for sharing SoftBank acquisition info, facing regulatory scrutiny. Source

Seth Freeman, Senior Managing Director, GlassRatner Advisory & Capital Group, LLC said that geopolitical risks in India’s neighbourhood may not be fully priced into the market. Source

Sensex rises 260 points on India-US trade deal optimism, record GST collection, and foreign fund inflows amid global market trend. Source

DIIs shareholding at 17.62% in NSE listed companies surpasses that of FPIs at 17.22% Source

Rupee hits 7-month high at 84.53 per dollar on strong domestic data, FII inflows, but caution remains. Source

The resultant sell-off has led to a wipe out of ₹10 lakh crore in the combined market capitalisation of all BSE-listed companies, within the first two hours of trade. Source

SBI reports ₹20,698 crore profit in Q4 2023-24, with improved asset quality and plans for equity capital raising. Source

Foreign Institutional Investors (FIIs) bought equities worth Rs 2,769.81 crore on Friday, according to exchange data. Source

ICAI President Nanda collaborates with Sebi to combat financial fraud, emphasizing investor protection and market integrity through research paper. Source