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• Sensex declines 500 points on US rate cut outlook, Middle East tensions; Nifty below 22,200

  Asian markets opened lower on Tuesday, following a lower close in the Wall Street overnight, after stronger-than-expected U.S. retail sales data added to fading expectations of an early Federal Reserve rate cut. Foreign institutional investors (FIIs) net sold shares worth Rs 3,268 crore, while domestic institutional investors (DIIs) purchased stocks worth Rs 4,762.93 crore on April 15, according to provisional data from the NSE.

  

• Unstoppable bull run! Sensex scales Mt 75K, Nifty above 22,750 for first time

  In a strong start to Tuesday's trading, Indian markets reached new highs despite a subdued performance by US markets the day before. The S&P BSE Sensex crossed the 75,000 milestone, hitting a record high of 75,124, while the Nifty50 also achieved a fresh peak of 22,765. Read on to know more:

  

• This NBFC has hiked FD interest rates by up to 60 bps; earn up to 8.85% on this fixed deposit tenure

  The company has increased FD rates for senior citizens by up to 60 basis points in the 25-to-35-month tenure and 40 basis points in the 18-to-24-month tenure. Senior citizens can continue to avail FD rates of up to 8.85% and non-senior citizens can take benefit of rates of up to 8.60%, by booking digitally in the 42 months tenure.

  

• Highest inflows by domestic funds since April 2020

  Among the sectors, Capital Goods (+6 per cent), Automobiles (+5 per cent), Metals (+4 per cent), Infrastructure (+3 per cent), and Private Banks (+2 per cent) were the top gainers, whereas Media (-12 per cent), Technology (-7 per cent), and Real Estate (-1 per cent) were the key laggards. Read more:

  

• Fundraising via QIP hits Rs 78,000 crore in FY24 on strong market sentiment

  According to data compiled by Prime Database, fundraising through the QIP route reached Rs 78,089 crore in 2023-24, which was way higher than Rs 10,235 crore mopped up in the preceding financial year. This included fund mobilisation by REITs and infrastructure investment trusts (InVITs) through the QIP mode. Read more:

  

• These 3 sectors had a blast in a tentative March month. What to look forward to?

  In the midst of turmoil in the broader market, largecaps were seen as a safe haven and started finding favour among more and more investors, reflected in over 1% rise in the benchmark BSE Sensex. Maruti Suzuki and Bajaj Finance led the rally in the 30-share pack, which rose just over 11% each and Tata Steel was the close follower with 10.6% jump in its shares.

  

• These 3 sectors had a blast in a tentative March month. What to look forward to?

  In the midst of turmoil in the broader market, largecaps were seen as a safe haven and started finding favour among more and more investors, reflected in over 1% rise in the benchmark BSE Sensex. Maruti Suzuki and Bajaj Finance led the rally in the 30-share pack, which rose just over 11% each and Tata Steel was the close follower with 10.6% jump in its shares.

  

• RBI's hand behind today's rally in banks, other financial stocks

  The Reserve Bank's December circular prohibiting regulated entities such as NBFCs from investing in AIFs having downstream investments either directly or indirectly in a debtor company of the entities had stressed investors. The rules also required entities to liquidate their investment within 30 days from the date of downstream investment or make 100% provision.

  

• Banking stocks drive Sensex 600 pts higher, Nifty above 22,300

  From the Sensex stock, Bajaj Finance, Bajaj Finserv, ICICI Bank and Wipro opened with gains, while Maruti Suzuki, HCL Tech, Titan, Tech Mahindra, and Asian Paints opened with cuts. On the sectoral front, Nifty PSU Bank rose 1.1%, led by IOB, Indian Bank, and Punjab & Sind Bank. Nifty Financial, FMCG, IT, Media, Metal, Pharma, and Oil & Gas also opened with gains.

  

• Bulls in action! RIL, private banks drive Sensex 500 points higher

  Indian shares surged with BSE Sensex up 500 points. Nifty50 topped 22,150 level. Private bank stocks and index heavyweight RIL lead top gainers. Sector-wise, Nifty Oil & Gas rose 1.6%, and Nifty Medis surged 1.3%. Nifty Auto, Bank, Financial, FMCG, Metal, and Realty also surged. Meanwhile, in the broader market, Nifty Smallcap100 and Midcap100 gained 0.7% and 0.5%, respectively.

  

• Mazars report highlights AUM-wise NBFCs performance for Q2FY24

  The NBFC sector has continued to witness an upward trend in credit growth between September 2022 and September 2023. According to a recent report by Mazars, top NBFCs witnessed an increase in AUM while also saw a notable spike in average return on assets. The report highlighted the top 10 NBFCs in terms of their Assets under Management (AUM).