Market regulator Securities and Exchange Board of India (Sebi) has proposed an asset under management (AUM) threshold of Rs 20,000 crore to consider a benchmark or index as 'Significant Indices'.
PPFAS Mutual Fund has launched the Parag Parikh Large Cap Fund, offering cost-efficient exposure to Indias top 100 companies. The NFO targets long-term investors seeking index-like returns with low active risk and disciplined execution, while avoiding concentrated stock bets.
Among these stocks, Reliance Infrastructure, where retail investors hold around 45%, slipped 13% from June 2024 to December 2025. Olectra Greentec fell 34% over the same timeframe, and Tata Technologies declined 36%.
The rupee breached the 91-a-dollar mark for the second time in a month before ending 14 paise down at 90.92 (provisional) against the greenback on Monday, as renewed concerns over global trade uncertainties accelerated foreign fund withdrawal.
Hindustan Zinc posted record Q3FY26 revenue and profit, driven by higher mined metal output, rising silver production, lowest five-year costs and strong margins. Robust cash position, capacity expansion and superior shareholder returns reinforced its industry leadership.
Domestic gold hits record Rs 1,45,500 on MCX as Trump threatens EU with tariffs over Greenland. Strong bullish trend persists with technical support at Rs 1,43,0001,43,500. Experts suggest buy-on-dip strategy with targets near Rs 1,46,0001,47,000.
Wipro anticipates steady demand and an AI-first approach for future growth. The company is focused on execution and winning deals, particularly those driven by artificial intelligence. Margin improvements are a key priority, with leadership confident in maintaining profitability. Campus hiring plans are adjusted, while lateral hiring continues based on project needs.
