Mumbai: Indian benchmark equity indices experienced a powerful and much-needed revival on Tuesday, mounting a sharp rally of approximately 1.6% following positive indications from the central government regarding future tax consultations. The robust recovery offered a stark contrast to a prolonged 12-month period of market fatigue, injecting renewed optimism into Dalal Street and driving high-conviction […]
Lenskart Faces Investor Sell-Off: Alpha Wave Ventures Offloads ₹1,704 Cr Stake Amidst Stock Volatility
By Business Desk October 12, 2026 The omnichannel eyewear giant Lenskart experienced a volatile trading session today as shares dipped approximately 4.4% to close at ₹647.95 on the BSE. The downward pressure followed reports of a significant bulk deal executed by early-stage investor Alpha Wave Ventures, which moved to monetize a portion of its holding […]
Indian Stock Markets Crash as RBI Turns Hawkish: Sensex Plunges 1,045 Points, Nifty Hits 18-Month Low
MUMBAI — Indian equity markets suffered a brutal sell-off on Thursday, extending a two-day downward spiral triggered by an unexpected and decidedly hawkish pivot from the Reserve Bank of India (RBI). The benchmark BSE Sensex tumbled 1,045.46 points, or 1.4%, to close at 71,593.24—its lowest level since February 2024. Simultaneously, the broader NSE Nifty 50 […]
Beyond the Indices: Why Investors Must Pivot to Stock-Specific Fundamentals in the Current Market
By IANS Published: October 09, 2026 As the Indian equity markets navigate a complex macroeconomic landscape, the prevailing wisdom of evaluating performance solely through the lens of broad indices—Large-cap, Mid-cap, and Small-cap—is increasingly being challenged. A recent, comprehensive report from Abakkus Mutual Fund has sounded a clarion call for a strategic shift in investor behavior, […]
Airtel Money Makes Historic Debut on London Stock Exchange at $7 Billion Valuation, Paving the Way for African Fintech Expansion
LONDON — In a landmark development for international capital markets and the burgeoning African fintech sector, Airtel Money—the digital financial services arm backed by India’s Bharti Airtel group—officially commenced trading on the London Stock Exchange (LSE) on Friday. The blockbuster initial public offering (IPO) establishes an implied market valuation of £5.3 billion (approximately $7 billion), […]