Tag: NDTV Profit

The Indian benchmark indices ended on a merry note after recovering from budget day’s losses on Monday. However, analysts expect Nifty’s volatility to remain heightened.  “Index formed a sizable bullish candle which remained enclosed inside previous session price range highlight pullback after previous session sharp decline,” stated Bajaj Broking Research.  Short-term resistance for the index…

Read More “Nifty Finds Resistance At 25,400-25,500 Levels As Volatility Remains Heightened” »

Crypto’s latest downturn looks different on the surface. There are no spectacular scandals, no bankrupt exchange, no regulatory crackdown. Yet for the industry’s biggest trading platforms, the damage is starting to look uncomfortably familiar.Bitcoin is down more than 35% since an October crash from record highs. But for exchanges like Coinbase Global Inc., Gemini Space…

Read More “Crypto Exchanges Buckle As Stock Losses Mount Amid Exodus” »

Arbitrage mutual funds could see a moderation in returns of around 20–30 basis points following the proposed increase in the securities transaction tax announced in the Union Budget, according to mutual fund experts. However, investment advisers say the impact is unlikely to dent the attractiveness of the category, especially from a post-tax perspective. Arbitrage funds,…

Read More “Arbitrage Funds Can See Up To 20-30-Basis-Point Reduction In Returns, Say Mutual Fund Experts” »

The United States Ambassador to India, Sergio Gor, on Monday confirmed a phone call between Prime Minister Narendra Modi and US President Donald Trump. The telephonic conversation between the two leaders comes amid prolonged trade deal talks between the countries, which have not resulted in the pact being finalised yet.  In recent days, top Indian…

Read More “US Envoy Confirms Modi-Trump Phone Call Amid Trade Deal Stalemate” »

A newly launched social networking platform designed exclusively for artificial intelligence agents has suffered a major security lapse, exposing sensitive data belonging to thousands of real users. Cybersecurity firm Wiz revealed on Monday that Moltbook, a Reddit-like forum built for AI bots, inadvertently made private information publicly accessible due to basic security flaws. According to…

Read More “Social Network For AI Bots ‘Exposed’ Human DMs, Credentials” »

Tech giant Apple has recorded its highest-ever value share of 28% in the Indian smartphone market, driven by a surging “premiumisation” trend where consumers are increasingly opting for high-end devices, according to a report by Counterpoint Research. The report highlighted a significant shift in the world’s second-largest smartphone market, noting that while volume growth remains…

Read More “Apple Hits Record 28% Value Share In India As Smartphone Market Leans Towards Premium Devices” »

The net profit for RailTel Corp. fell 4.1% in the third quarter of FY26, according to an exchange filing on Monday.  The company reported its bottom line at Rs 62.4 crore in the quarter ended Dec. 31, compared to Rs 65.1 crore in the year-ago period.  Revenue went up 19% from Rs 768 crore in the…

Read More “Net Profit Slips 4%, Margin Contracts” »

PB Fintech Ltd.’s profit more than doubles to Rs 189 crore in the third quarter of this financial year. This is in comparison to profit of Rs 71.5 crore in the previous quarter of this fiscal, according to its stock exchange notification on Monday. Revenue advanced by 37.1% year-on-year for the three months ended December,…

Read More “Profit More Than Doubles To Rs 189 Crore” »

Amid continued market downpour over the government’s decision to hike Securities Transaction Tax in derivative trading, Zerodha CEO Nithin Kamath has shared his view, stating that a hike in STT will not curb speculative trading and that the move may even push investors toward riskier market segments. “If the goal was to reduce speculative activity in…

Read More “Zerodha CEO Nithin Kamath Makes Bold Claim About STT Hike On F&O” »

Chief Economic Advisor V Anantha Nageswaran on Monday defended the increase in Securities Transaction Tax on derivatives trading, saying it is meant to secure household savings from highly speculative bets rather than government revenue generation. “The purpose (of STT hike) is not on revenue generation… the purpose is to ensure hard earned savings is used…

Read More “STT Hiked On F&O To Secure Household Savings, Not Revenue Generation: CEA Nageswaran” »