The Indian stock market bounced back strongly on Friday, July 19, 2025, ending a two-day losing streak as major banking heavyweights lifted investor sentiment. The BSE Sensex climbed over 350 points, while the Nifty 50 managed to close above the 25,150 mark, reflecting renewed optimism in financial and select blue-chip counters. Here are the 10 key highlights from today’s market session: 1. Sensex and Nifty Rebound Sensex ended 355 points higher, closing at 82,989.46, while
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Reliance Industries Ltd. (RIL), India’s largest company by market capitalisation, released its Q1 FY25 results today, posting a record profit that underscores the conglomerate’s robust performance across its core businesses — energy, telecom, retail, and digital services. Key Highlights from Q1 FY25 Results: Net Profit: ₹21,243 crore — the highest ever quarterly profit recorded by the company. Revenue: ₹2.41 lakh crore, showing a strong YoY growth across segments. EBITDA: ₹47,150 crore, up 14.2% YoY, reflecting
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The Indian reinsurance landscape is on the cusp of a major shake-up. The recently announced joint venture between Jio Financial Services and Germany’s Allianz Group is poised to challenge the longstanding dominance of GIC Re (General Insurance Corporation of India), the country’s sole domestic reinsurer for decades. This strategic alliance combines the financial strength and digital reach of Reliance Group’s Jio Financial with Allianz’s global insurance expertise — a combination that could transform India’s reinsurance
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The Securities and Exchange Board of India (SEBI) has proposed a new framework that mandates mutual fund houses to launch an additional scheme once their total Assets Under Management (AUM) surpass ₹50,000 crore. This move comes as part of SEBI’s broader effort to enhance product offerings and foster competition in the mutual fund space. What Has SEBI Proposed? In a consultation paper released recently, SEBI has suggested that asset management companies (AMCs) whose AUM exceeds
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Indian equity markets faced sharp selling pressure on Monday, with the Sensex plunging 501 points to settle at 82,156 and the Nifty 50 slipping 145 points to close at 24,984, falling below the key 25,000 mark. Investor sentiment was weighed down by a mix of global and domestic cues. Here are the five key reasons behind today’s market correction: 1. Global Market Weakness Global markets, particularly in Asia and Europe, showed signs of risk aversion
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