"Promoter Increasing Pledge" indicates that company promoters are pledging more shares as loan collateral. In the Nifty500, five stocks saw higher promoter pledging in Q4 2024 versus Q3 2024, based on StockEdge data.
India's BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones.
President Trump seeks to leverage fiscal policy to influence the Federal Reserve into lowering interest rates. By pursuing $1 trillion in spending cuts, his administration aims to slow the economy, potentially triggering the Fed to ease rates. Meanwhile, economic indicators signal a possible recession is looming.
Indias stock market downturn has severely impacted the broking industry, with trading volumes and investor confidence plummeting. Zerodhas Nithin Kamath noted the business is experiencing de-growth for the first time, as investors adopt a cautious, wait-and-watch approach.
Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down 16% from its peak, marking its longest losing streak since 1996. With March starting on a weak note, hopes are pinned on positive seasonality based on past performance in the final financial month.
