Wall Street races to launch ETFs tied to SK Hynix after Nasdaq debut
Almost all of the filings related to SK Hynix are for leveraged and inverse strategies tracking the Korean chipmaker’s Nasdaq-listed American Depositary Receipts (ADRs).
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IEA’s Russian oil output forecasts cut after Ukraine attacks
IEA downgrades Russian oil production outlook due to Ukrainian attacks on energy infrastructure, impacting global supply.
Mutual funds pick fewer IPOs but deliver bigger returns in the first half of 2026
Mutual funds have turned more selective in India’s IPO market, participating in only 19 of the 28 public issues in the first half of 2026, according to Prime Database. Despite bidding less, their stock selection has outperformed. Ten of the…
Explained – Key factors why PSU bank shares surged up to 10% on Friday
Indian Bank led the gains, surging as much as 9%, while State Bank of India, Canara Bank, Bank of Baroda, Bank of Maharashtra, Punjab National Bank (PNB) and Bank of India advanced between 2% and 9%.
Anand Rathi Wealth shares hit record high after AUM crosses ₹1 lakh crore mark in Q1
Anand Rathi Wealth said it is planning to set up an asset management company (AMC). Analysts believe that this could be a trigger for growth in the medium term.
Why LPG losses likely to shrink for oil marketing companies
Efforts to boost local production during the war in West Asia may pay start to pay dividends now.
Bank of Maharashtra Q1 Results: Asset quality stable but provisions rise sequentially
At the end of the quarter, Bank of Maharashtra’s provisions stood at ₹840 crore from ₹617 crore in the March quarter, and nearly the same as ₹867 crore during the same period last year.
Onesource shares fall up to 7% on semaglutide supply delay, guidance cut from key client
Shares of OneSource Specialty Pharma declined 7.4% to hit an intraday low of ₹1,506.1 apiece on Friday. The stock has since, recovered from the lows of the day.
Muthoot Microfin shares jump most in three months after Q1 update sends stock higher by 12%
Muthoot Microfin’s Collection efficiency improved to 97.97% in Q1FY27 from 93% a year ago and 96.43% in the March quarter. The company’s X-Bucket collection efficiency stood at 99.89%.
IT services stocks offer value despite AI concerns, says Mahindra Manulife Investment
Krishna Sanghavi, Chief Investment Officer – Equities at Mahindra Manulife Investment Management, favours private banks, manufacturing, capital goods and defence, citing policy support, corporate investment and India’s shift towards bottom-up growth. Sanghavi added that upstream oil and gas companies with…