LIC

LIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth’s stake value nears Rs 4,700 cr

Trent shares rose sharply after a strong Q2 business update, adding over Rs 17,540 crore to its market capitalisation. The surge lifted the value of LIC’s stake in the Zudio parent by more than Rs 531 crore in a single session. Trent also crossed 1,000 Zudio stores during the quarter.

LIC Mutual Fund announces appointment of Ashis Kumar as Managing Director and CEO

LIC Mutual Fund Asset Management has appointed Ashis Kumar as Managing Director and CEO, effective September 26. Kumar brings over three decades of experience across investments, operations, distribution and marketing, having previously served as COO and held senior leadership roles at LIC.

LIC Housing Finance

LIC MF Banking & Financial Services Fund

LIC Housing Finance

National Housing Bank likely to double affordable housing outlay for HFCs this fiscal

National Housing Bank plans to double the refinance and affordable housing funds for large housing finance companies. These funds will be available to companies seeking long-term and cheaper financing options. LIC Housing Finance, Bajaj Housing Finance, and others are likely to benefit from this increase. The funding is expected to help reduce reliance on banks while promoting growth in housing loans.

Divi's Labs, TVS Motor could replace Max Healthcare, HDFC Life in NSE's March 2027 index review

Divi's Laboratories and TVS Motor Company have emerged as likely contenders to replace Max Healthcare Institute and HDFC Life in the Nifty index at the March 2027 review. According to Quiddity Leaderboard, this transition may lead to significant inflows estimated at around $824 million. As the review remains in its nascent phase, further alterations to the Nifty 100 rankings are also projected.

IRDAI pushes LIC, SBI Life to seek further cost efficiency

Insurers like Life Insurance Corp and SBI Life need to improve cost efficiencies under new regulatory guidelines. The proposals suggest lowering the expense of management limit from around 16% to 12.5% within five years. While larger insurers are compliant, they must reduce their efficiencies further. Smaller players might gain market share if they enhance their operations as well. The overall goal is to increase efficiency and value for policyholders.

Margin boost: Jefferies picks 3 bank stocks to gain the most from RBI rate hikes

Jefferies expects RBI’s 25-basis-point rate hike and calibrated tightening stance to support bank earnings, particularly ICICI Bank, SBI and Axis Bank. Faster loan repricing could drive margin expansion, while smaller private banks, NBFCs and life insurers may face greater pressure.

Lowest home loan interest rates after RBI repo rate hike: Check EMI on above Rs 30 lakh to 75 lakh loans at public & private banks, HFCs

In a recent move, the Reserve Bank of India has lifted the repo rate to 5.50% from 5.25%, impacting the landscape of home loan interest rates. Public sector players such as Bank of Maharashtra and Central Bank of India are providing attractive rates near 7.00%. Meanwhile, the South Indian Bank stands out in the private sector with an enticing starting interest of 7.25%.

Govt appoint Dinesh Pant and Girija Subramanian as members of IRDAI

In a significant restructuring of the Insurance Regulatory and Development Authority of India (IRDAI), Dinesh Pant, Managing Director of LIC, and Girija Subramanian, ex-CMD of New India Assurance, have been appointed as new members. Pant's retirement is effective September 24, 2026, while Subramanian stepped down in July. These changes are indicative of the dynamic shifts within India's insurance regulatory landscape.

D-Street poised for positive start as GIFT Nifty signals gains

Benchmark indices encountered significant pressure as both US bond yields and crude oil prices climbed above $104 per barrel. Foreign portfolio investors sold equities amounting to Rs 12,943 crore while domestic investors acquired Rs 10,703 crore in shares. Analysts express concerns that potential breaches of support levels might lead to further market declines.

Govt evaluating financial bids for IDBI Bank strategic sale: Sources

The government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stake in IDBI Bank, with the process moving at a steady pace.

D-St braces for weak opening on negative GIFT Nifty cues

On Wednesday, the Nifty fell by 0.8% to 22,603 due to weak global cues and RBI's policy changes. Concurrently, the India VIX increased by 2% as market fears grew. Foreign portfolio investors sold shares worth Rs 6,121 crore while domestic investors purchased shares amounting to Rs 4,596 crore. The rupee weakened to 96.43 against the US dollar amid foreign capital outflows.

Kalyan Jewellers shares gain 2% as Q2 revenue grows 26% YoY, firm records 20% same-store-sales growth

Kalyan Jewellers reported over 26% consolidated revenue growth in Q2 FY27, supported by strong Indian operations and approximately 20% same-store sales growth. International revenue rose 18%, while its lifestyle brand Candere grew 64%. The company expanded its showroom network, reduced non-GML debt to zero and expressed optimism about the festive and wedding season.

NCLAT issues notices to lenders on Subhash Chandra’s plea against NCLT order

NCLAT has issued notices to lenders on Essel Group chairman Subhash Chandra’s plea challenging an NCLT order that constituted a five-member bench in his personal insolvency case.

Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperform

Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity pressures and stable asset quality. The brokerage upgraded Bank of Baroda, Kotak Mahindra Bank and select financial stocks.

ITC shares slide 3% on block deal buzz; FMCG giant down 29% in 2026

ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares changing hands across the NSE and BSE. The identities of the buyers and sellers involved in the reported transactions were not immediately known.

‘Focus on claim ratios, not commissions’: Bajaj General CEO on insurance reform

Bajaj General Insurance's MD highlights the need to focus on claim ratios instead of distributor commissions. The insurance regulator recently proposed expense caps for better customer protection. Industry discussions are ongoing to gather insights before formal representations are made. Swiss Re Corporate Solutions will collaborate with Bajaj General to provide tailored insurance solutions for globalizing Indian corporates.

NSE shares wipe off Rs 41,000 crore after listing day pop as stock slips below IPO price. Why are analysts still bullish?

NSE shares have slipped below their IPO price after a brief listing-day rally, wiping out nearly Rs 41,000 crore from the exchange’s peak market value. Despite the decline, analysts remain bullish, citing NSE’s dominant market position, strong profitability, cash generation and India’s long-term capital-market growth potential.

PSUs in NSE IPO: How much did SBI, other government entities make in India’s second largest offer?

Ten public sector entities, led by SBI and New India Assurance, unlocked a combined profit of nearly Rs 12,802 crore through the Rs 22,562 crore NSE IPO offer for sale. Listed at Rs 1,800, NSE became India's ninth-largest listed firm with a Rs 4.63 lakh crore valuation.

Ahead of Market: 10 things that will decide stock market action on Friday

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore.

Jobs in line as IRDAI commission caps force insurance brokers to rethink models

Facing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pivot might cause a staggering loss of over 100,000 jobs as the industry reduces reliance on fixed sales teams. Brokers are expected to embrace more flexible cost structures and optimize sales output. Unfortunately, smaller brokers lack the established client base needed to weather these changes, risking their operational sustainability.

HDFC Mid Cap and Quant Small Cap among 16 equity mutual funds to deliver over 20% XIRR on SIP investments in 7 years

Sixteen equity mutual funds delivered over 20% XIRR on SIP investments over the last seven years, with smallcap funds dominating the list. Quant Small Cap Fund topped the list with a 26.93% XIRR.

NSE’s modest listing puts spotlight on muted gains from big IPOs

The National Stock Exchange saw a solid 2% rise on its debut day following its IPO. In recent months, several major IPOs in India have struggled after their launch, with Hyundai Motor India and LIC experiencing steep losses on their first day. Conversely, LG Electronics India enjoyed a strong debut, while ICICI Prudential Asset Management held above its initial offer price.

Max Healthcare Institute among 3 F&O stocks with a sharp rise in futures open interest

NSE IPO: NSE shares to debut on Metropolitan Stock Exchange along with BSE tomorrow

NSE shares are set to make their much-awaited market debut on September 24, with trading scheduled on both BSE and the Metropolitan Stock Exchange of India (MSEI). The listing follows a Rs 22,562 crore IPO that drew strong demand, with the issue subscribed nearly six times and QIBs bidding nearly 13 times their quota.

Home loan EMI for these borrowers will go up as RBI increases repo rate by 25 bps: Know the impact on Rs 25 lakh-Rs 2 cr home loans

RBI repo rate: Borrowers with home loans linked to External Benchmark Linked Rates will see an increase in their EMIs. The Reserve Bank of India has raised the repo rate, impacting the cost of borrowing. This is the first repo rate change since December 2025 and will influence many floating rate loans. Home loan borrowers had previously benefited from reduced rates but now face higher payments.

D-St set for a negative opening as GIFT Nifty signals weak start

Indian stock markets are currently witnessing a correction influenced by global geopolitical tensions and excessive valuations. Foreign investors have turned into net sellers, contrasting with the ongoing net buying patterns from domestic institutional investors. The rupee has strengthened against the US dollar, hinting at a positive shift in global risk appetite.

NSE IPO: A listing that matters beyond the market

NSE made its debut on BSE, which reflects shifts in institutional investor strategies. The exchange's listing invites scrutiny from analysts and affects capital allocation among financial institutions. Institutions that retained their shares signal confidence in India's market potential and growth trajectory. Overseas investors are increasingly interested in India's market, driven by technological advancements. This listing sets a precedent for establishing market valuations for other financial institutions in India.

D-St set for a cautious opening as GIFT Nifty signals muted start

Indian benchmark indices opened the week with the Nifty index declining amid widespread selling pressures. Analysts indicate that a break below 22,700 could lead to intensified selling, potentially dragging the index towards 22,400. Meanwhile, the India VIX rose 12.1% to reflect increased market fear levels. Foreign portfolio investors net sold shares worth Rs 5,353 crore, while domestic institutional investors were net buyers at Rs 5189 crore.

LIC said to lead bidding in NSE’s Rs 22,800 crore IPO

LIC emerged as the largest bidder in NSE’s ₹22,800 crore IPO with ₹4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. Despite cautious retail participation (1.3x), strong institutional demand (12.7x) drove overall subscription to 5.7x ahead of its September 24 listing on BSE.

Damani, Premji, LIC among big winners from NSE listing

The National Stock Exchange made a remarkable debut in the stock market, bringing considerable benefits to its investors. The Life Insurance Corporation of India leads the pack with an impressive valuation of around Rs 48,620 crore. Other major participants include Aranda Investments Mauritius and Stock Holding Corporation, each valued over Rs 20,000 crore.

19 equity mutual funds deliver over 15% CAGR in 3,5, and 7 year horizons. Are there any included in your portfolio?

An analysis of 189 equity mutual funds found 19 schemes delivering over 15% CAGR across three, five and seven years. The group comprised nine midcap, seven smallcap, two largecap and midcap and one ELSS fund, highlighting sustained long-term performance across multiple equity categories, though the exercise is not an investment recommendation.

All 36 smallcap mutual funds deliver double digit returns in 6 months. Should you invest more or book profits?

In the last six months, all 36 smallcap mutual funds have achieved impressive double-digit returns, averaging around 25.20%. This indicates a robust recovery from prior dips. Financial experts advise investors to keep up their SIPs if they can handle the volatility. With smallcap valuations currently elevated, future success will hinge on sustained earnings growth.

Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?

Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distribution reforms raise concerns over commissions, revenue and earnings.

LIC Housing Finance

Do Rs 10,000 crore IPOs reward investors? Rs 1 lakh crore history has a warning for NSE bulls

India's mega IPOs have yielded varied results for investors, with a notable four out of six trading below their initial issue prices, leading to disappointing returns. The upcoming IPO from NSE could encounter similar hurdles, primarily due to its high valuation and earnings that are closely tied to market volumes. Investors are advised to carefully evaluate valuation metrics and derivative dependencies before participating in this significant offering.

D-Street braces for weak opening on negative GIFT Nifty cues

On Wednesday, Nifty saw a notable 0.5% rise driven by widespread buying activity. Analysts are optimistic about the future of Indian equities, pointing to global influences and fluctuations in crude oil as critical factors. The market's strength was further bolstered by substantial purchases from foreign institutional investors, although the rupee struggled against the US dollar due to a robust dollar and escalating crude oil prices.

NSE listing sees India's biggest exchange near bottom of Rs 10,000 crore IPO club

NSE made a muted debut with a 0.8% listing gain, placing it near the lower end of the Rs 10,000 crore-plus IPO club. Despite strong subscription and its dominant market position, the exchange delivered a modest debut. Brokerages remain constructive, citing long-term growth potential, strong fundamentals and India’s financialisation.

NSE’s biggest bull bets bigger: LIC’s 10.72% stake gets Rs 450 crore anchor boost

LIC, NSE’s largest shareholder with a 10.72% stake, received shares worth about Rs 450 crore in the exchange’s anchor allocation ahead of its IPO. NSE raised Rs 6,746 crore from 189 investors at Rs 1,785 per share.

Will NSE list on its own platform? MD & CEO Ashish Chauhan hints at very likely possibility

The National Stock Exchange's debut was characterized by a modest 0.8% premium on its initial public offering price. The Chairman underscored the necessity of adopting a long-term viewpoint when assessing the exchange's viability. NSE's strategic direction includes diversifying its revenue streams over the next five years to minimize dependence on transaction fees.

ETMarkets NRI Talk | AI’s 30x sales premium: Apurva Sheth on OpenAI, Anthropic and the valuation debate

OpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-to-sales, compared with around 3.7 times for the average S&P 500 company.

NSE debut may not set D-St on fire, sparks to come later

NSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around ₹83 per share, down significantly from earlier estimates. The IPO was subscribed 5.71 times, highlighting strong institutional interest despite expectations for lower listing gains. Strict supply rules could limit immediate trading shares, impacting initial price movements post-listing.

Which NBFCs will gain the most from rate hike cycle? JM Financial lists top picks

JM Financial highlights how soaring bond yields and policy rate hikes impact Indian NBFCs. While housing finance companies like LIC Housing Finance and PNB Housing Finance stand to benefit on NIMs, vehicle and MFI lenders face headwinds. Top stock picks include Aditya Birla Capital, Piramal Finance, and CreditAccess Grameen.

Can IRDAI’s insurance reforms impact NBFCs? Jefferies warns L&T Finance, Piramal Finance, others are most exposed

IRDAI’s proposed insurance distribution reforms could extend beyond insurers and distributors, potentially pressuring NBFC fee income. Jefferies flagged L&T Finance, Piramal Finance and others as exposed to insurance commissions, with proposed cuts potentially affecting profitability.

D-St set for a cautious opening as GIFT Nifty signals muted start

Benchmark Nifty declined by 1.6% due to rising global uncertainties and elevated crude prices. Analysts predict weakness in Indian equities amid geopolitical tensions and market fluctuations. The immediate support level for the index is identified at 23,000, with resistance at 23,200. Foreign portfolio investors sold shares worth Rs 5,027 crore, while domestic investors bought shares worth Rs 4,201 crore. The rupee also weakened against the US dollar amid these developments.

Top 9 equity mutual funds deliver over 30% return on SIP investments in 1 year. Do you own any?

Nine equity mutual funds delivered over 30% returns on SIP investments in the last one year, with eight from the small-cap category and one focused fund. Bank of India Small Cap Fund topped the list with a 45.95% return, followed by TRUSTMF Small Cap Fund at 41.53%, according to ETMutualFunds.

PB Fintech shares crash 36%, bloodbath wipes off Rs 31,426 cr from m-cap after IRDAI’s reform plans. What Citi and Jefferies are warning

PB Fintech shares crashed 36% to a 52-week low after IRDAI proposed an overhaul of insurance distributor commissions. The proposed norms could tighten distribution economics, with brokerages warning of lower commission income across key insurance segments.

LIC

NSE sees no change in duties as listed entity; to protect market integrity, public interest:Chairman

The National Stock Exchange recently celebrated a milestone with its highly anticipated IPO, entering the stock market with shares opening at Rs 1,800, surpassing the issue price of Rs 1,785. The chairperson and CEO expressed a commitment to prioritizing public interest while driving growth, as the IPO drew impressive institutional interest, reflecting strong investor belief in the exchange's promising future.

'Unmapped', 'mismatched': SIR notices leave Delhi voters seeking clarity

New Delhi voters are receiving notices indicating potential issues with their registration in the electoral rolls. These notices categorize voters as either 'unmapped with last SIR' or having logical discrepancies. Voters are required to provide supporting documents to resolve these issues by October 29. Special camps will be held to facilitate the submission of documents at polling stations.

NSE IPO attracts 150+ anchor investors, raises Rs 6,746 crore

In a successful share sale, the National Stock Exchange captured the interest of more than 150 anchor investors. Notably, overseas funds accounted for 43% of the stocks allocated for this category. Domestic institutional investors also played a crucial role, contributing significantly to the anchor book. Overall, the exchange raised ₹6,746.18 crore from these investors, with the public offering scheduled to open on Thursday.

MFs turn selective, pick Coal India, LIC among large-caps in August

Amid the backdrop of increasing US interest rates in August, fund managers proceeded with caution, prioritizing large-cap stocks that offered favorable valuations coupled with safety margins. Their approach in mid and small-cap investments was selective, choosing firms like LIC, Coal India, and notable pharmaceutical entities. There was also a surge in funding for NBFCs and research organizations in this period.

D-St braces for weak opening on negative GIFT Nifty cues

Benchmark indices faced pressure and closed negatively on Tuesday. The Nifty is expected to continue its consolidation in a broad range. Foreign portfolio investors were net sellers, while domestic investors bought shares. The Indian Rupee appreciated against the US dollar on Tuesday. Several stocks were placed under the F&O ban for Tuesday's trading.

Government seeks long-term funds to boost infrastructure work

India is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less than three years, crucial infrastructure projects requiring decades of support are at risk. To counter this issue, insurance and pension products are proposed to generate longer-term liabilities for investment, alongside tax incentives targeted at long-term savings.

Delhi SIR: What to do if you receive a notice, documents needed, deadline & other key things to note

The notices have been sent to unlinked electors whose names could not be matched with the electoral roll from the previous SIR. They also cover cases involving logical discrepancies, such as mismatches in names or unusual differences in the ages of voters and their parents or siblings.

NSE IPO: IFCI, New India Assurance, other stocks rally up to 9% as Rs 22,569 crore IPO opens. How much exposure do they have?

IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscription. The companies have direct or indirect exposure to NSE, with several shareholders also selling stakes through the offer-for-sale. NSE’s IPO comprises 12.64 crore shares and is open for bidding until September 21.

NSE IPO all set to open; co raises Rs 6,746 crore from anchor investors including LIC, Goldman Sachs

The NSE IPO, an offer for sale, is set to open for public subscription on September 17. The exchange secured Rs 6,746 crore from 189 anchor investors. Prominent participants included LIC, Morgan Stanley, and Goldman Sachs in this pre-IPO allocation. This public offering aims to raise a total of Rs 22,561 crore.

Gland Pharma and CAMS among 5 smallcap stocks sold by mutual funds in August

TTD to offer Rs 2 lakh insurance to devotees; Andhra Pradesh CM Naidu announces major temple development plans

Tirumala Tirupati Devasthanams will offer insurance coverage to every devotee through LIC. The temple trust also plans to construct new Srivari temples globally and across Andhra Pradesh. Reliance Foundation and Bharat Biotech donated electric buses to promote eco-friendly transport for pilgrims. The government intends to develop Tirupati as a wedding destination and a services hub. Plans include a skywalk, multi-storied parking, and solar panel installation on TTD buildings.

LIC Housing Finance

NSE IPO: Every Rs 10 move in shares could swing Radhakishan Damani’s wealth by nearly Rs 40 crore

Radhakishan Damani’s 1.58% stake in NSE could see its value swing by nearly Rs 40 crore for every Rs 10 move in the exchange’s share price after listing. His 3.91 crore shares are valued at around Rs 6,980 crore at the upper IPO price band of Rs 1,785.

Shriram Finance plans $500 million bond buyback

The company proposes to buy back bonds maturing in April 2027 and April 2028 in an attempt to reduce borrowing costs and the buyback will be offered at a slight premium to the existing trading price, people familiar with the details said. The tender offer will be the first such buyback since MUFG purchased the stake earlier this year.

LIC Housing Finance among 5 F&O stocks with sharp rise in futures open interest

Two Trades for Today: A generator and motor maker for an 8.2% upmove, a mid-cap housing finance stock for a 7% gain

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today.

Reliance Industries to raise Rs 12,500 crore via five-year bonds

In a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian banks. As liquidity from foreign currency deposits rises, banks are keen to channel these resources into corporate lending. This substantial inflow is predicted to stimulate credit growth in the near future.

LIC expects no immediate government stake sale, eyes long-term growth: CEO

LIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Doraiswamy said. The state-owned insurer will focus on long-term investments, technology, simplifying claims and expanding protection and retirement products as it seeks wider insurance coverage.

Oversold Nifty could see a short-term rebound: Analysts

Indian stock indices, Sensex and Nifty, have extended their losing streak for a fifth week. Analysts suggest the indices have entered oversold territory, indicating a potential short-term rebound. Traders are advised to consider specific strategies like a Bull Put Spread for the September 29, 2026 expiry. Several top stocks, including Kotak Mahindra Bank and BHEL, are recommended for buying with defined targets.

Looking for best equity mutual funds to invest for 5 years? Check these 9 funds with over 20% gains

NSE vs BSE vs MCX: Who created the most wealth & who has more to give?

Over the last five years, BSE has emerged as the top performer in wealth creation. Meanwhile, NSE's unlisted shares experienced more modest growth in comparison. MCX presents a longer pathway for growth due to its early involvement in commodity derivatives. Notably, NSE enjoys a structural edge with its strong market position and cash flow generation. Investors are encouraged to evaluate sustainability and valuations when making future investment choices.

LIC, HDFC Life, other stocks rise up to 3% as Aug new business premium jumps 33% YoY. What Nuvama, others are saying

Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-premium business. LIC posted more than 45% growth, while SBI Life and HDFC Life saw stronger retail-weighted premium growth.

TRUSTMF Small Cap and HSBC Midcap among top 7 equity mutual funds that delivered over 20% returns in 1 year. Do you own any?

Seven equity mutual funds delivered over 20% returns in the last one year, led by TRUSTMF Small Cap Fund with a 32.28% gain. Five smallcap funds featured among the top performers, while 102 of nearly 292 funds posted negative returns.

Hidden goldmine! How NSE IPO will unlock Rs 95,000 crore value for over 20 listed companies

The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings could be worth around Rs 94,619 crore at the tentative upper price of Rs 1,785 per share. LIC stands to benefit the most, with its 26.53-crore-share stake valued at around Rs 47,351 crore.

D-St set for a negative opening as GIFT Nifty signals weak start

On Thursday, Indian benchmark indices started with little movement, remaining in a narrow range as traders reacted to the elevated crude oil prices that dampened investor sentiment. However, a boost from the Closing Auction Session allowed the indices to make a comeback and finish positively for the day. While foreign portfolio investors offloaded shares, domestic institutional investors stepped in as net buyers.

Can Rs 6.6 lakh crore in potential PSU divestments bring FPIs back to Indian markets? Axis Capital explains

Axis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign outflows. A 15% reduction in government ownership could raise about Rs 6.6 lakh crore while supporting fiscal consolidation and increasing market liquidity.

ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lender

ICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. Despite recent weakness, ICICI Bank has gained 6% in 2026, with strong long-term returns. Major brokerages remain bullish on the stock.

NSE IPO set to open for public on September 17; price band at Rs 1,700-1,785

The National Stock Exchange of India's IPO opens September 17, closing September 21. Its price band is set between ₹1,700 and ₹1,785 per share. This offer for sale will raise ₹22,561.5 crore from existing shareholders. The issue size was reduced by fifteen percent from earlier proposals. Share allotment is expected September 22, with listing on September 24.

LIC MF Flexicap Fund

NSE's IPO to be second biggest till now as offer size cut, price band lowered

India's premier stock exchange, NSE, has finally revealed the long-anticipated details of its initial public offering. Existing investors will sell fewer shares at a revised price band, aiming to raise between Rs 21,494 crore and Rs 22,569 crore. The public can subscribe from September 17 to September 21, with the official listing set for September 24, marking a pivotal advancement for NSE.

RBI approves LIC to acquire up to 9.99% stake in ICICI Bank

The Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's share capital. This approval is valid for one year from the RBI's letter date. The central bank's approval will stand cancelled if not utilized within this period. This acquisition is subject to compliance with all applicable regulatory provisions.

JioBlackRock Flexi Cap Fund exits NALCO, Hindustan Zinc; trims exposure in BSE, RIL

JioBlackRock Flexi Cap Fund reshuffled its portfolio in August, exiting 21 stocks while reducing exposure to 34 others, including NALCO, Hindustan Zinc and RIL. It increased holdings in 17 stocks and added 22 new names. The fund’s portfolio grew to 136 stocks, with banks accounting for its largest sector allocation.

Life insurers' new business premium up 33% in August

Life insurers displayed impressive growth in new business premiums for August, with an overall year-on-year increase of thirty-three percent. This surge was predominantly driven by the single-premium and group business sectors, although retail-weighted premiums grew at a more moderate rate. Experts in the industry predict a return to more typical growth patterns in the following months.

D-St set for a negative opening as GIFT Nifty signals weak start

Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest the Nifty's immediate bias remains down, targeting key support levels. The India VIX, a fear gauge, rose significantly, indicating market anxiety. Foreign portfolio investors and domestic institutional investors were net buyers on Monday. The Indian rupee traded in a narrow range due to RBI intervention and oil price concerns.

F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week

After a turbulent trading day, Indian stock indices bounced back significantly as oil prices and bond yields eased. The Sensex and Nifty ended with modest declines, having experienced deeper dips earlier. Previous climbs in crude oil prices and geopolitical issues had weighed down on investor confidence. Analysts suggest maintaining caution and closely watching Nifty’s support and resistance levels, highlighting particular metal stocks and equities to watch for the week ahead.

NSE IPO set to deliver massive gains of Rs 7,200 crore to state-run insurance firms

General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India's biggest by trading volume. The proposed IPO, expected later this month, is entirely an offer for sale of up to 148.91 million shares, which would mean that NSE itself will not receive proceeds from the issue.

IDBI Bank shares crash 11% amid price concerns as Fairfax deal moves closer

IDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling stake. The proposed Rs 53,000-crore deal and potential CSB Bank merger are key developments for investors.

D-St set for a cautious opening as GIFT Nifty signals muted start

The Indian stock markets were under considerable selling pressure on Wednesday, highlighted by Brent crude oil prices crossing the $100 mark. This uptick in oil prices dampened investor morale, prompting foreign portfolio investors to sell off shares. Conversely, domestic institutional investors capitalized on the situation to purchase stocks. Coupled with these changes, the Indian Rupee faced depreciation against the US dollar.

Jio, NSE IPOs: Do marquee IPOs really deliver big listing-day gains?

The anticipated IPOs from Jio and NSE are under the microscope as experts examine their potential for listing-day profits. Historical data from past mega IPOs reveal a mixed bag in terms of performance, with certain offerings incurring losses. The success of these upcoming stocks will hinge on precise pricing and robust institutional demand.

KPMG audit revealed OP Bhatt suppressed key information as Coforge board chair

OP Bhatt resigned as Coforge chairman after board evaluation findings were withheld. KPMG uncovered inconsistencies in separate board member and board evaluation reports. Key findings, including Bhatt's low scores, were not shared with all directors. Investors confronted Bhatt after KPMG highlighted these discrepancies and legal violations. Vivek Sharma was subsequently named interim chairperson of the company.

CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan loss

Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to secure loans fraudulently. This situation has led LIC Housing Finance to announce a staggering loss exceeding ₹1,322 crore. The Directorate of Enforcement will also step in with a money laundering investigation, and those accused can expect to be questioned soon about these dubious financial activities.

D-Street braces for weak opening on negative GIFT Nifty cues

The Indian stock markets wrapped up on Tuesday near their crisis points, strained by high Brent crude oil prices and geopolitical instability that dampened investor morale. Market analysts warn of an ongoing downward trend, calling for stronger highs and lows to initiate a turnaround. Despite foreign portfolio investors offloading shares, domestic institutional players capitalized as net buyers.

Huge growth opportunity as rising incomes, longevity fuel insurance demand: LIC CEO

India's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt its distribution and product mix for a digital market. The company is enhancing its product portfolio and improving technology for better customer experience. LIC also focuses on asset management to provide competitive returns amid economic volatility. The corporation is prepared to script a more glorious chapter in service to the nation.

LIC launches two new plans: LIC’s Bima Platinum and LIC’s Jeevan Raksha; Check details

New LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans designed to meet diverse needs. LIC's Bima Platinum focuses on providing savings alongside financial protection, featuring guaranteed additions. On the other hand, Jeevan Raksha offers essential risk coverage for families facing unexpected death.

Quant Small Cap Fund exits SBI Funds Management, Jubilant FoodWorks and 4 other stocks in August

Quant Small Cap Fund, managed by Quant Mutual Fund, exited six stocks and added four new names in August 2026. The fund increased exposure to 12 stocks while reducing holdings in seven others. Its portfolio stood at 104 stocks, with HFCL commanding the highest allocation at 6.70%. The fund’s AUM rose to Rs 35,557 crore during the month.

SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty

State Bank of India plans to hire approximately twelve thousand personnel this financial year. The bank also intends to expand its network by adding around two hundred fifty new branches. SBI and its subsidiary will dilute up to one percent stake in the National Stock Exchange. This divestment is part of the National Stock Exchange's proposed initial public offering.

LIC MF Small Cap Fund

D-St set for a negative opening as GIFT Nifty signals weak start

The Indian equity market ended the week on a positive note, with the Nifty increasing by 0.1 percent on Friday. Factors such as global market trends and easing fears of US interest rate hikes lent support to this rise. The India VIX, often seen as a fear gauge, declined by 5.8 percent, signaling lower market worries.

SBI Flexi Cap, Axis Flexi Cap and 6 other flexicap funds with low consistency scores. Check details

VA Tech Wabag shares jump 3% after securing repeat order from RIL for ETP project

VA Tech Wabag shares rose nearly 3% after securing a medium-sized repeat order from Reliance Industries to design and commission an advanced Effluent Treatment Plant at Jamnagar’s Dhirubhai Ambani Green Energy Giga Complex. The project will use advanced chemical, biological and sludge treatment technologies and is scheduled for completion within 13 months.