Tuesday, August 18
Mumbai: India's benchmark indices hit fresh highs on Monday but failed to hold on to gains and closed lower, ignoring the upbeat cues from Asia. The NSE Nifty ended at 26,250.30, down 78.25 points or 0.3%, after touching a record 26,373.2 intraday. The BSE Sensex hit an all-time high of 85,883.5 before settling at 85,439.6, a decline of 322.4 points or 0.4%. Both indices had risen as much as 0.2% earlier in the day. Asian markets rallied, shrugging off geopolitical developments with the US capturing Venezuelan president Nicolas Maduro. Optimism around technology and AI drove gains in South Korea, and Taiwan which surged 3.4% and 2.6%, respectively. Japan advanced 3%, while China added 1.4%. Hong Kong ended marginally higher. Brent crude futures rose 0.4% to $61.10 a barrel. "The markets di
Mumbai: Indian savers are embracing systematic investing like never before. Average monthly gross inflows through systematic investment plans (SIPs) have more than doubled to ₹28,202 crore in FY26 from ₹13,000 crore in FY23, underscoring the growing preference for disciplined regular investing over the lumpsum route as equity valuations remain pricey. In SIPs, investors commit a fixed sum at regular intervals, typically monthly, through rupee-cost averaging to reduce impact of market volatility. Total SIP assets under management have ballooned from ₹6.8 lakh crore in FY23 to ₹16.52 lakh crore as of November 2025. The mutual fund industry managed equity assets worth ₹35.38 lakh crore in November. "Investors have understood the importance of recurring and regular savings by doing S
Shares of Indian Energy Exchange (IEX) soared as much as 14% to an intraday high of Rs 153.35 on the BSE on Tuesday, January 6, on hopes of relief in the market coupling case being heard by the Electricity Appellate Tribunal (APTEL).The tribunal, hearing the contentious market coupling regulations proposed by the Central Electricity Regulatory Commission (CERC), raised multiple concerns during the hearing, questioning how the market coupling rules were formulated. APTEL remarked that CERC should have acted independently while drafting the framework.It also pointed to excessive theatrics observed in the formulation process and emphasized the need for CERC to maintain independence and remain above suspicion.According to CNBC TV-18, the sharp upward move in IEX shares followed developments in
