Record IPOs, small-town mutual funds boom

Abhinav Kaul culls out the most telling stats from SEBI’s annual report ET Wealth

Tier 3 cities accounted for the largest share of mutual funds in India, growing from 2.6 crore to 3.3 crore, indicating deepening penetration beyond metro and urban centres.

Number of unique investors in MFs (2023-24): 4.5…[Read more]

Lord Ganesha Festival 2025: A Celebration of Wisdom, Unity, and Spiritual Transformation

The grand festival of Lord Ganesha, revered as the remover of obstacles and the harbinger of wisdom, is approaching with great enthusiasm across Maharashtra and India. This year, the festival brings not only cultural vibrancy but also a deeper call for…[Read more]

North East on Track for Transformation!

With PM GatiShakti driving integrated planning and commissioning tripling since 2014, the region is set for inclusive growth and seamless mobility.

Ice Make Refrigeration Ltd – Q1 FY26 Earnings Call Transcript and Q&A Session Key Highlights

Management Commentary – Mr. Chandrakant P. Patel , CMD, ICE Make
• Despite short-term margin pressure, long-term opportunity remains strong due to rising demand in cold chain and refrigeration infrastructure in India.

• Cold chain inefficiencies are a n…[Read more]

Sector-wise News Update -23 August

Regulatory Updates

• SEBI Block Deal Reforms: SEBI has proposed key changes to the block deal framework to enhance transparency and safeguard market integrity:

o Minimum order size increased to ₹25 crore.
o Mandatory trade delivery—no squaring off or reversals.
o Dual trading windows: 8:45–9:00 AM (price…[Read more]

The Fourteen Lokas in Sanatan Cosmology

Know why the concept of the 14 lokas is relevant beyond Hinduism.

The Sanatan shastra cosmology envisions the universe as a vast and structured system composed of multiple planes of existence, known as lokas. According to the Purāṇas, there are fourteen lokas arranged in vertical layers, symbolizing bo…[Read more]

Sector-wise News Update -22 August

Equity Markets & Economy

• Indian equity markets opened slightly weaker on August 22:
o Nifty 50 trades near 25,015–25,048, down about 0.14–0.3%
• Sensex is off roughly 100–114 points, hovering around 81,800–81,900
• The earlier six-session rally (up ~2.4% Nifty, ~2.2% Sensex) was driven by optimism arou…[Read more]

> DMart vs Reliance Retail – Who’s Winning India’s Retail War?

Two retail giants. Two different strategies. But only one is dominating the streets of India. 🇮🇳

> DMart (Radhakishan Damani) vs Reliance Retail (Mukesh Ambani) – Here’s how they stack up in April 2025:

> DMart:
• 415 Stores
• ₹772.97 Cr Net Profit
• 7.9% EBITDA Margin
• 40,000 s…[Read more]

Big News for our client- Ice Make Refrigeration!

We are proud to share that Ice Make Refrigeration Ltd. has been featured by Value Research as one of the Top Investment Picks and a contender for the 100x club .

> 5-Year Revenue Growth: 28.4% CAGR
> 5-Year Profit Growth: 33.9% CAGR
> 3-Year Average ROE: 25.8%
> Strong balance sheet & consistent…[Read more]

Sector-wise News Update -21 August

Markets & Equities
• Market Opened Higher: India’s equity indices extended their winning streak, with the Nifty 50 rising 0.23% to 25,106.5 and the BSE Sensex climbing 0.27% to 82,067.9. Gains were led by financials and Reliance Industries, while IT stocks dipped ahead of the U.S. Federal Reserve’s Jackson Hole…[Read more]

DII vs FII – The game has changed!
Domestic Institutional Investors (DIIs) has emerged as a more resilient and confident force in India’s growth story compared to Foreign Institutional Investors (FIIs). Their consistent support reflects a deep trust in the strength of the Indian economy. This shift highlights the maturing of India’s domes…[Read more]