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THESE credit cards give tempting offers of cashbacks, reward points to online shoppers; check list here
MINT· 2025-10-23 04:38
Cashback Credit Cards - SBI Cashback Card offers 5% cashback on online spends without any merchant restriction [1] - HDFC Millennia Credit Card provides 5% cashback on select platforms like Amazon and 1% on other spends [2] - Flipkart Axis Bank Credit Card gives 7.5% cashback on Myntra capped at ₹4,000 per statement quarter and 5% on Flipkart and Cleartrip [2] - Amazon Pay ICICI Credit Card offers 4% cashback on iShop, with additional reward points for Amazon purchases based on Prime membership status [3] - Axis Bank Ace Credit Card provides 5% cashback on bill payments and 4% on food delivery services [3] Reward Points-Focused Credit Cards - Axis Magnus Credit Card allows earning of 12 EDGE reward points per ₹200 on spends up to ₹1.5 lakh, and 35 points for incremental spends above that [4] - Axis Atlas Credit Card offers 2500 EDGE miles as a welcome benefit upon the first transaction within 37 days of issuance [4] - HSBC TravelOne Credit Card provides ₹1,000 cashback and bonus reward points when spending ₹1,00,000 in the first 90 days [5]
Sensex, Nifty end with modest gains in Muhurat trading
Rediff· 2025-10-21 10:31
Core Points - The benchmark stock indices Sensex and Nifty ended slightly higher during the special one-hour Muhurat trading session, marking the beginning of the new Samvat Year 2082 positively amid strong global cues [1][4] - The BSE Sensex rose by 62.97 points (0.07%) to close at 84,426.34, while the NSE Nifty increased by 25.45 points (0.10%) to close at 25,868.60 [3][4] - In the previous Samvat Year 2081, the BSE Sensex increased by 4,974.31 points (6.26%) and the Nifty climbed by 1,637.8 points (6.76%) [5] Market Performance - During the Muhurat trading session, the BSE Sensex reached a high of 84,665.44 and a low of 84,286.40 [3] - Among the major gainers in the Sensex, Bajaj Finserv rose by 1.42%, followed by Axis Bank (0.80%), Infosys (0.72%), and others [7] - The broader markets also advanced, with BSE Midcap rising by 0.23% (106.95 points) to close at 46,787.20 and BSE SmallCap gaining 0.91% (486.81 points) to settle at 53,842.85 [8] Sector Performance - Sectoral indices showed positive movement, with Industrials rising by 0.53%, Telecommunication by 0.51%, and Commodities by 0.47% [8] - Conversely, Bankex and Realty sectors ended marginally lower [10] Institutional Activity - Foreign Institutional Investors (FIIs) purchased equities worth ₹790.45 crore, while Domestic Institutional Investors (DIIs) acquired shares worth ₹2,485.46 crore, indicating strong domestic buying [10]
Stock markets surge for fourth day; Sensex jumps over 411 points
The Hindu· 2025-10-20 11:43
Market Performance - Equity benchmark indices Sensex and Nifty ended higher on October 20, 2025, marking the fourth consecutive day of gains, driven by buying in blue-chip Reliance Industries and sustained foreign fund inflows [1][5] - The 30-share BSE Sensex increased by 411.18 points or 0.49% to settle at 84,363.37, with an intraday high of 84,656.56, a jump of 704.37 points or 0.83% [1] - The 50-share NSE Nifty surged by 133.30 points or 0.52% to reach 25,843.15 [1] Company Performance - Reliance Industries saw a rise of 3.52% after reporting a 9.6% year-on-year increase in net profit for the September quarter, attributed to strong performance in its retail and telecom sectors, along with a recovery in its oil-to-chemicals segment [2] - Other gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Global Market Influence - A sharp rally in global markets contributed to the optimism in the Indian markets, with Asian markets such as South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng all closing higher [3] - European markets were also trading positively, and U.S. markets ended in positive territory on the preceding Friday [3] Upcoming Events - The Indian market is expected to continue its upward trend with a special Muhurat trading session scheduled for Tuesday, which will be held between 1:45 p.m. and 2:45 p.m. [6]
Senior citizens get 8.10% interest in this FD; see the list of banks offering highest interest rates on 5-year fixed deposits
The Economic Times· 2025-10-20 10:53
Core Insights - Senior citizens in India can access fixed deposit (FD) interest rates as high as 8.10% for a 5-year tenure, primarily offered by small finance banks [6][8] Small Finance Banks - Suryoday Small Finance Bank offers the highest FD interest rate of 8.10% for senior citizens on a 5-year fixed deposit [2][6] - Jana Small Finance Bank provides an 8% interest rate for senior citizens on a 5-year term [3][6] - Utkarsh Small Finance Bank offers a 7.75% interest rate on the 5-year FD for senior citizens [4][6] Private Sector Banks - YES Bank currently offers the highest FD interest rate at 7.5% for senior citizens [6][7] - Axis Bank follows with a rate of 7.35%, while RBL Bank offers 7.2% [6][7] - Other notable rates include IndusInd Bank at 7.15%, HDFC Bank at 6.9%, and Bandhan Bank at 6.6% [6][8] Public Sector Banks - State Bank of India (SBI) provides the highest FD rate for senior citizens at 7.05% [8] - Bank of Baroda offers a rate of 7%, while Canara Bank, Central Bank of India, and Punjab National Bank each provide 6.75% [8] - Indian Bank offers the lowest rate among public sector banks at 6.5% [8]
Stock markets surge for 4th day; Sensex jumps over 411 points
BusinessLine· 2025-10-20 10:39
Market Performance - Equity benchmark indices Sensex and Nifty ended higher, marking the fourth consecutive day of gains, driven by buying in Reliance Industries and sustained foreign fund inflows [1][5] - The 30-share BSE Sensex increased by 411.18 points or 0.49% to close at 84,363.37, with an intraday high of 84,656.56 [1] - The 50-share NSE Nifty rose by 133.30 points or 0.52% to settle at 25,843.15 [1] Company Performance - Reliance Industries saw a 3.52% increase in stock price after reporting a 9.6% year-on-year rise in net profit for the September quarter, attributed to strong performance in retail, telecom, and a recovery in the oil-to-chemicals segment [2] - Other gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Global Market Influence - A sharp rally in global markets contributed to the optimism in the Indian markets, with Asian markets like South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng all closing higher [3] - The global oil benchmark Brent crude decreased by 0.29% to $61.11 per barrel [5] Upcoming Trading Events - A special Muhurat trading session is scheduled for Tuesday, with the market remaining closed for regular trading but open for a one-hour trading window [6][7]
Stock markets surge in early trade; Sensex jumps over 700 points
BusinessLine· 2025-10-20 06:55
Market Performance - Equity benchmark indices Sensex and Nifty experienced significant gains in early trade, with Sensex rising by 704.37 points to 84,656.56 and Nifty increasing by 216.35 points to 25,926.20, driven by blue-chip buying and foreign fund inflows [1] - The previous trading day saw Sensex increase by 484.53 points (0.58%) to settle at 83,952.19 and Nifty climb by 124.55 points (0.49%) to 25,709.85 [6] Company Performance - Reliance Industries reported a 9.6% year-on-year increase in net profit for the September quarter, attributed to strong performance in retail and telecom sectors, as well as recovery in the oil-to-chemicals segment, leading to a rise of over 2% in its stock [2] - HDFC Bank's consolidated net profit for the September quarter increased by 10% to ₹19,610.67 crore, resulting in a 1.54% rise in its stock [2] Institutional Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Market Sentiment - The market momentum is expected to continue due to sustained DII buying, marginal FII buying, and positive news regarding festival season sales in automobiles and white goods, with early Q2 results indicating a sharp recovery in earnings [5] - Global oil benchmark Brent crude saw a slight decline of 0.36% to $61.07 a barrel [5] Broader Market Trends - Asian markets, including South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng, were trading higher, reflecting a positive sentiment following gains in US markets [3]
Stock markets surge in early trade tracking rally in global peers
The Hindu· 2025-10-16 05:00
Market Performance - Equity benchmark indices Sensex and Nifty experienced significant gains in early trade on October 16, 2025, driven by a rally in global markets and optimism surrounding potential U.S. Fed rate cuts [1][3] - The BSE Sensex rose by 407.67 points to reach 83,013.10, while the NSE Nifty increased by 104 points to 25,427.55 [1] - On the previous day, the Sensex had already climbed 575.45 points or 0.70% to settle at 82,605.43, and the Nifty had gained 178.05 points or 0.71% to close at 25,323.55 [4] Sector Performance - Among the gainers in the Sensex firms were Axis Bank, which climbed 3% following its September quarter earnings announcement, as well as Adani Ports, Titan, Eternal, Kotak Mahindra Bank, Tata Motors, and Bharat Electronics [1][2] - Conversely, Infosys, Tata Steel, Tata Consultancy Services, and Sun Pharma were identified as laggards in the market [2] Global Market Influence - Asian markets showed positive performance, with South Korea's Kospi, Japan's Nikkei 225, and Shanghai's SSE Composite index trading higher, while Hong Kong's Hang Seng index was lower [2] - U.S. markets ended mostly higher on October 15, 2025, contributing to the positive sentiment in the Indian markets [2] Foreign Investment Activity - Foreign Institutional Investors (FIIs) purchased equities worth ₹68.64 crore on October 15, while Domestic Institutional Investors (DIIs) bought equities worth ₹4,650.08 crore [4] Economic Outlook - The International Monetary Fund (IMF) raised India's FY26 GDP forecast to 6.6%, which is expected to boost market sentiment ahead of the Deepavali festival [3]
Diwali 2025 cracker stocks to light up your portfolio: Experts pick Axis Bank, DLF, Paytm, MTAR Tech and more
The Economic Times· 2025-10-16 04:48
Core Viewpoint - Axis Bank is highlighted as a strong risk-reward trade in the private banking sector, with expectations for a turnaround after a period of underperformance [1][14]. Axis Bank - A buy recommendation is made at current levels, targeting Rs 1,225 with a stop loss at Rs 1,150 [2][14]. - The recent correction of 20-30 points has made the setup more attractive for short-term traders [4][14]. State Bank of India (SBI) - SBI is featured as a "safe sparkler," showing strong momentum with higher highs for five consecutive years, indicating sustained buying [5][14]. - A buy range is suggested between Rs 830 and Rs 880, targeting Rs 960 to Rs 1,040 over the next 6-12 months [5][14]. Hero MotoCorp - Hero MotoCorp is also classified as a "safe sparkler," outperforming peers with expectations to reach Rs 6,300 to Rs 6,400 [6][14]. ICICI Bank - ICICI Bank is identified as a medium-term investment opportunity, likely to join the banking rally if Bank Nifty leads the next market leg [7][14]. - The target is set at Rs 1,475 to Rs 1,500, with a stop loss at Rs 1,325 [14]. MTAR Technologies and Paytm - MTAR Tech is categorized as a "high-risk rocket," with a target of Rs 2,380 to Rs 2,500 and an accumulation zone at Rs 2,090 to Rs 2,180 [9][15]. - Paytm has regained investor attention, with a target of Rs 1,500 and a buy range of Rs 1,200 to Rs 1,275 [10][15]. DLF - DLF is presented as a long-term bet, offering an attractive entry after a nearly 30% correction from its 2024 high, with a buy recommendation near Rs 700 and a target of Rs 880 [12][15]. Inox Green and NBCC - Inox Green is noted as a "value bomb," with an upside target of Rs 285 to Rs 300 and an accumulation range of Rs 240 to Rs 257 [13][15]. - NBCC is highlighted for a major breakout, with a target of Rs 130 to Rs 140 and a buy range of Rs 102 to Rs 111 [13][15]. Investment Strategy - The importance of diversification with discipline is emphasized, suggesting a mix of safe and high-risk stocks for optimal portfolio performance [14].
X @Bloomberg
Bloomberg· 2025-10-16 03:30
Sentiment remains cautious as investors digest Axis Bank’s earnings and await results from the remaining two of India’s Big Four IT firms — Wipro and Infosys. Read for free with your email on what could move markets today https://t.co/t8UCquJ41v ...
X @Bloomberg
Bloomberg· 2025-10-16 02:55
Sentiment remains cautious as investors digest Axis Bank’s earnings and await results from the remaining two of India’s Big Four IT firms — Wipro and Infosys. Read for free with your email on what could move markets today https://t.co/5Q7Nr4SbXx ...