Mutual Funds double down on RBL Bank shares in Q1 but retail sells

The stake held by foreign companies in RBL Bank has declined to 3.5% in June 2025 from 7.4% in March.

The stake held by foreign companies in RBL Bank has declined to 3.5% in June 2025 from 7.4% in March.

Sources told CNBC-TV18 that further consolidation in the state-run lenders is not ruled out, as India is aiming to build bigger banks that are capable of meeting the credit needs of a fast growing economy.

Anthem Biosciences is raising ₹3,395 crore through an initial share sale, which comprises of entirely an offer-for-sale by existing shareholders. The company will not receive any from the public issue. All the funds, excluding offer expenses, will go to selling…

In the recent three-month period, Wipro bagged a multi-year strategic deal with Entrust, and announced a digital transformation agreement with Hachette UK to modernise the publisher’s IT infrastructure. Separately, the IT major also extended its partnership with Metro AG.

Brokerage firms HSBC and Morgan Stanley have “buy” and “overweight” ratings on the stock with target prices of ₹900 and ₹840 per share, respectively.

Angel One recently released its June 2025 and Q1 FY26 business update. The company reported strong growth in client base and mutual fund SIPs, though weakness in trading volumes and F&O turnover weighed on sentiment.

The JioBlackRock Nifty 8-13 yr G-Sec Index Fund will be an open-ended scheme replicating / tracking the Nifty 8-13 yr G-Sec Index. A relatively high interest rate risk and relatively low credit risk.

Yardeni believes that overall investor sentiment has improved. He attributed this to the resilience of the US economy, saying it withstood “a dramatic increase in the federal funds rate” without tipping into recession.

The company, in an exchange filing on July 16, said that Unit VI, Dabaspet, Bengaluru, Karnataka, India, has received an EIR with VAI (Voluntary Action Indicated) classification from the US FDA.

Veranda Learning Solutions Ltd. may look to raise up to ₹380 crore via QIP, and its pricing is likely to be at a significant discount to its closing market price, sources said.