Core Insights - Retail investors are increasingly buying underperforming stocks while selling high-performing ones, indicating a mean reversion strategy [2][5][6] - In the December quarter, retail holdings rose in 1,019 NSE-listed companies with an average stock price decline of 8.6%, while holdings fell in 1,092 companies with a 1.6% price increase [1][6] - Retail ownership in Kaynes Technology nearly doubled from 8.75% to 16.56%, despite the stock dropping 43% [2][6] - Retail investors sold significant amounts in stocks like BSE and Reliance Industries, which saw price increases of 29% and 15% respectively [6][7] Retail Investment Trends - Estimated retail buying in Kaynes Technology was Rs 2,421 crore, while Dixon Technologies saw Rs 1,696 crore in retail purchases despite a 26% drop [2][6] - Retail selling included Rs 4,313 crore in BSE and Rs 4,238 crore in Reliance Industries, highlighting a trend of exiting profitable stocks [6][7] - Retail share by value in NSE-listed companies decreased to 7.25% as of December 31, 2025, from 7.45% at the end of September [5][6] Market Performance - Over the past eighteen months, Indian markets have shown modest returns, with large-cap stocks performing better than small and mid-caps, where retail investors are more concentrated [6][7] - Retail holdings in rupee terms stood at Rs 34.14 lakh crore, reflecting a 2.94% increase over the quarter, despite a decrease in share percentage [5][7]

On a year-on-year basis, the allocation rose by 90 basis points from 2.8% in January 2025, according to a report by Also Read | Live EventsAccording to the report, since January 2024, the highest allocation has been 3.5% in February 2024, and from July 2024 to June 2025 the weight remained between 2.8% to 2.9%. The report further highlighted that the allocation in the BSE 200 index was 4.1%, and some fund houses such as According to the report, State Bank of India was among the top 10 stocks that witnessed ...

Financial Results - Tata Steel reported a 723% increase in consolidated net profit for the December quarter, reaching Rs 2,689 crore compared to Rs 327 crore in the same period last year. Revenue from operations was Rs 57,002 crore, up 6% from Rs 53,648 crore year-on-year [6][12] - State Bank of India (SBI) announced a 24% year-on-year growth in standalone net profit at Rs 21,028 crore for the third quarter, with net interest income increasing by 9% to Rs 45,190 crore and operating profit growing 40% to Rs 32,862 crore [12] Corporate Developments - Anand Rathi Share and Stock Brokers reported a fraud of Rs 13 crore discovered by its Internal Inquiry Committee, involving unknown individuals and employees of Anand Rathi IT Private Limited [4][12] - Tata Motors Passenger Vehicles Ltd (TMPVL) plans to raise vehicle prices due to ongoing pressure from rising commodity costs [8][12] - Reliance Consumer Products Limited (RCPL) announced the acquisition of a majority stake in Australia-based Goodness Group Global, expanding its presence in the Australian market [12] Strategic Investments - Tata Chemicals announced an investment of Rs 515 crore to establish a new greenfield manufacturing facility in Tamil Nadu for the production of Iodised Vacuum Salt Dried (IVSD) [10][12] - ACME Solar secured a 301/1,204 megawatt hour firm and dispatchable renewable energy project from SECI, integrating advanced solar, wind, and Battery Energy Storage Systems [9][12] - Larsen & Toubro (L&T) plans to commission 18 MW of data center capacity by March-end, increasing total operational capacity to 32 MW, with a capital expenditure of around Rs 1,000 crore [8][12] Market Expectations - Titan Company anticipates a significant rise in sales of luxury Swiss watches in India following the India-EU Free Trade Agreement, which has reduced import duties [7][12]

Infrastructure Investment - India announced measures to invest nearly $133 billion to enhance infrastructure and boost manufacturing across various sectors including textiles and electronic components [1] - A proposal for a ship-repair ecosystem and incentives for seaplanes was introduced, leading to gains in shipping stocks such as Shipping Corp. of India, which rose by as much as 4.3% [12] Benefiting Sectors - Pharmaceuticals sector is set to benefit from an outlay of $1.1 billion over the next five years aimed at boosting production and research for biologics and biosimilar drugs, with shares of major players like Sun Pharmaceutical Industries Ltd. and Biocon Ltd. increasing by 3.8% and 2.9% respectively [4][5] - The textiles sector is expected to gain from policy measures including the establishment of 'mega textile parks', with companies like Raymond Ltd. and Trident Ltd. surging over 8% [6] - Electronic manufacturing received a $4.3 billion allocation, which is anticipated to propel the industry as firms like Apple Inc. increase their manufacturing presence in India [7][8] - Data centers will benefit from a proposed tax holiday for foreign companies providing cloud services from India-based data centers through 2047, with shares of Anant Raj Ltd. rising by 14.2% [9][10] - Cargo and transport sector reforms proposed in the budget are expected to benefit firms like Container Corp. of India Ltd. [13] Losing Sectors - Brokers faced a setback due to an increase in the securities transaction tax on equity futures from 0.02% to 0.05%, leading to declines in shares of the BSE and stock brokers like Angle One Ltd. [14] - State-owned banks experienced a drop in shares, with the NSE Nifty PSU Bank Index falling by as much as 7%, as investors anticipated announcements regarding consolidation and foreign shareholding cap relaxation [15] - The clean energy sector expressed disappointment as expected tax regime rationalizations did not materialize, affecting major conglomerates like Adani, Tata, and Reliance that have invested in this area [16]

Economic Measures - India announced measures to invest nearly $133 billion to enhance infrastructure and boost manufacturing across various sectors, including textiles and electronic components [2] - A growth fund of 100 billion rupees was allocated for small businesses, along with a 20 billion rupee top-up on a previous self-reliant fund [5] Benefiting Sectors - Pharmaceuticals sector is set to benefit from an outlay of $1.1 billion over the next five years aimed at boosting production and research for biologics and biosimilar drugs, with the Nifty Pharma Index surging post-announcement [6][14] - The textile industry is expected to gain from policy measures including the establishment of 'mega textile parks', with companies like Raymond Ltd. and Trident Ltd. seeing significant stock price increases [7][14] - Electronic manufacturing received a $4.3 billion investment to enhance production capabilities, particularly as companies like Apple Inc. expand their operations in India [7][14] - Cloud infrastructure companies will benefit from a proposed tax holiday for foreign firms providing cloud services from India-based data centers through 2047 [8][14] - Shipping stocks gained traction following the announcement of a ship-repair ecosystem and incentives for seaplanes, with companies like Shipping Corp. of India rising by 4.3% [9][14] - Firms in the cargo and transport sector, such as Container Corp. of India Ltd., are expected to benefit from proposed allocations for new dedicated freight corridors and high-speed city rail corridors [9][14] Losing Sectors - The government increased the securities transaction tax on equity futures from 0.02% to 0.05%, leading to declines in shares of the BSE and stock brokers like Angle One Ltd. [11][14] - State-owned banks faced disappointment as expectations for consolidation and relaxation of foreign shareholding caps were unmet, with shares of major banks like State Bank of India falling significantly [12][14] - The clean energy sector anticipated tax regime rationalization, which did not materialize, leaving the industry disappointed [12][14]

The BSE The market capitalisation of all listed companies on the BSE decreased by Rs 6 lakh crore to Rs 453.87 lakh crore.Under the Budget 2026 proposals, the STT on futures contracts will rise to 0.05% from 0.02%, while the tax on options premiums will increase to 0.15% from 0.10%. The levy on options exercised will also climb to 0.15% from 0.125%.The measures mark a meaningful increase in trading costs for derivatives investors and threaten to curb volumes in a segment that has expanded rapidly in recent ...

BSE’s shares fluctuated on Friday after reported comments from India’s market regulator about the tightening rules for equity derivatives briefly triggered confusion and anxiety among options market participants https://t.co/LyxZWjRvNB ...

Market Overview - The domestic market has seen a rise in investor confidence, particularly in banking, financial, and tech stocks, with Sensex climbing 623.11 points or 0.77% to 81,830.28 and Nifty 50 gaining 181.70 points or 0.73% to 25,075.95 [1][2] Sector Performance - The Nifty IT index surged nearly 2%, while banking and financial indices advanced over 1%, with all indices trading positively except for metals, media, FMCG, and pharma [2] - Heavyweight banking and financial stocks rose following strong quarterly updates from major lenders like Kotak Mahindra and HDFC, which reported robust Q2 metrics in deposit mobilization and loan growth [3] IT Sector Insights - IT stocks contributed significantly to the market rally, with major companies like TCS, Infosys, HCLTech, and Wipro experiencing increased buying interest, driven by optimism around TCS's upcoming results [4] Stock Performance - Among the Sensex pack, Max Health, Shriram Finance, Apollo Hospitals, Tata Consultancy Services, Kotak Mahindra Bank, Axis Bank, and HDFC Bank were the top gainers, trading 1-3% higher [5] - A total of 3,125 stocks were traded on the National Stock Exchange, with 1,297 advancing and 1,731 declining [5] Midcap and Smallcap Movements - In the midcap segment, stocks like Fortis Healthcare, Nykaa, and Paytm surged 3-7%, while Vodafone Idea and Torrent Power saw declines of 2-4% [7] - Smallcap stocks such as Delhivery and Karur Vysya Bank gained 2-4%, while Aegis Logistics and Aditya Birla Real Estate declined 2-5% [8] New Market Developments - Investors are monitoring two large IPOs this week: Tata Capital and LG Electronics India, with TCS set to announce its second-quarter results on October 9 [9]

A regulatory crackdown on India’s options market is fueling a surprise rise for the 150-year-old BSE, challenging the dominance of its larger rival https://t.co/oNysRTKQBF ...

Core Insights - Mutual funds have shown significant activity in various segments, with notable additions and reductions across large-cap, mid-cap, and small-cap stocks. Large-Cap Segment - Key additions by mutual funds included Eternal (Rs 7,200 crore), Infosys (Rs 5,000 crore), and HDFC Bank (Rs 3,100 crore) [6] - Major reductions were observed in Maruti Suzuki (Rs 3,100 crore), Avenue Super (Rs 2,900 crore), and NTPC (Rs 2,700 crore) [6] - Consistent additions over three months included State Bank of India, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, and Titan Company, while reductions were seen in Coal India, Grasim Industries, TVS Motor Co, LTIMindtree, and Solar Industries [6] Mid-Cap Segment - Significant additions included Bank Of Maharashtra, Escorts Kubota, Blue Star, Gujarat Fluorochem, and Global Health, while key reductions were in ACC, Exide Industries, KPIT Tech, Metro Brands, and Gland Pharma [4][6] - Notable buying was seen in One 97, L&T Finance, Thermax, Tata Communications, and Coforge, with selling occurring in Exide Industries, Muthoot Finance, HDFC AMC, JK Cements, and LIC Housing Finance [6] Small-Cap Segment - Important additions by mutual funds included Bluestone Jewellery (Rs 4,000 crore), Medi Assist Health (Rs 3,000 crore), and Thirumalai Chem (Rs 2,000 crore) [5] - Key reductions were in Aditya Birla Fashion (Rs 4,000 crore), JK Tyre & Industries (Rs 1,000 crore), and Senco Gold (Rs 1,000 crore) [5] - New entries in the small-cap segment included Thirumalai Chemicals, Suven Life Sciences, PSP Projects, Foseco India, and Epack Durable, while exits included Thomas Cook, Sarda Energy, Faze Three, and Hindware Home Interiors [5] Overall Trends - The total cash and equivalents held by mutual funds decreased from Rs 1.85 lakh crore (5.46%) in July to Rs 1.76 lakh crore (5.23%) in August [6] - Significant buying was noted in Clean Science, Home First Finance, Syrma SGS Tech, Krishna Institute, and KFin Technologies, while the highest selling was in Hitachi Energy, BSE, PNB Housing, and Aditya Birla Fashion [5][6]