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Rekha Jhunjhunwala has likely exited Canara Bank after her stake fell below 1% in Q3, ending a highly profitable multiyear investment. The move follows a sharp rally in the stock, which gained nearly 60% over the past year amid improving asset quality, strong credit growth and renewed investor interest in PSU banks.
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News and Media
Radhika Gupta cautions investors against choosing mutual funds based on one-year returns, urging a shift towards rolling return analysis for better long-term decision-making.
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News and Media
Waaree Energies shares fall 2.7% on ninth consecutive session as bearish charts dominate, despite Rs 1,003-crore fundraise for advanced battery expansion.
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News and Media
Bharat Coking Coal Ltds IPO is drawing strong interest ahead of its January 9 opening, with a grey market premium of Rs 1314 indicating a potential 56% listing gain. The Rs 1,071-crore offer is a pure OFS, and Coal India shareholders as of January 1, 2026, are eligible under the shareholder quota in the offer.
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News and Media
Global markets showed muted reactions to the U.S. announcement of taking control over Venezuela, despite rising geopolitical risks. Asian equities rose, oil prices dipped slightly, and gold saw modest gains as investors sought safe-haven assets. Analysts attribute the calm to Venezuelas relatively small current oil output and the long-term nature of any production recovery.
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News and Media
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