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2026-01-24 10:33:26| The Economic Times

Indian equity markets closed the week on a subdued note, impacted by profit-booking and foreign investor outflows. Global trade concerns and domestic earnings disappointments weighed on sentiment. Analysts suggest caution ahead of the Budget, with Nifty facing resistance and broader markets showing weakness. PSU banks are outperforming private peers.


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2026-01-24 10:28:06| The Economic Times

ICICI Prudential Mutual Fund is grandfathering two of its fund of funds, the Passive Multi-Asset Fund of Fund and Global Advantage Fund, from January 27, 2026. This allows them to continue with existing investment objectives. However, new subscriptions via lump sum or fresh SIPs/STPs will cease. Existing plans will be discontinued by February 5, 2026, with redemptions unaffected.


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2026-01-24 10:08:29| The Economic Times

Kotak Mahindra Bank has announced a solid financial performance for the third quarter of fiscal year 2026. The private lender saw its standalone net profit climb 4% year-on-year to Rs 3,446 crore. This growth was supported by a 5% rise in net interest income, reaching Rs 7,565 crore, indicating a healthy expansion in its core lending operations.


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2026-01-24 09:10:08| The Economic Times

Ultratech Cement has announced strong financial results for the third quarter of FY26. The company's profit after tax saw a significant 32% year-on-year increase, reaching Rs 1,792 crore. Net sales also climbed by 22.5% year-on-year to Rs 21,506 crore. These figures exclude the impact of the New Labour Code.


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2026-01-24 08:59:41| The Economic Times

Indian stock markets closed 2025 with caution amid global worries and investor outflows. However, strong domestic fundamentals offer a positive long-term view. For 2026, expect a range-bound market led by large caps. Investors should maintain a balanced portfolio with a large-cap focus. Gold and silver show promising outlooks for the coming year.


Category: News and Media

 

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