News for Max Financial Services Limited (MFSL.NS)

The week starting May 26 will be bustling with significant domestic and international developments. Key macroeconomic, trade, and Economic data from the US and Asia will provide insights into the impact of recent tariffs and economic policies.

Buzzing stocks, stocks to watch: Zen Tech, CG Power, Max Financial, Adani Energy, Dixon Tech, Force Motors, M&M, BEML, BEL, Asian Paints, Jindal Steel & Power, Coforge, Ultratech Cement, HCL Tech, Adani Green Energy, P&S Bank, Zaggle Prepaid, Sandhar Rech, Rio Financial, CESC, Servotech renewable Uflex, Zensar Tech

Shares of LIC of India, the New India Assurance, Star Health, Go Digit, HDFC life Insurance, and ICICI Lombard General Insurance gained in the range of 1-5%.

Shares of GIC Re, NIACL, Star Health, Go Digit dropped up to 10% after the GST Council deferred a decision on relief for life insurance premiums.

As many as 19 stocks hit their 52-week lows today. BSE stocks such as Kuantum Papers, Response Informatics, Star Housing Finance, Tejassvi Aaharam and Tree House Education their respective one-year low levels. That said, 186 stocks touched their one-year high levels today.

Indian equity indices surged on Wednesday, marking their biggest gain in over six weeks following Donald Trump's U.S. election victory. The Nifty 50 rose 1.12%, and the Sensex gained 1.13%. Analysts see this as a short-term boost, signaling potential trend reversal.

Indian benchmark equity indices declined for the fourth straight session, dragged by Hindustan Unilever's missed profit estimates and foreign fund outflows. Analysts note that the Nifty has declined over four sessions and appears oversold, suggesting a potential pullback to 24,550–24,600.

Oct 23, 2024 / 03:00AM GMTOperator Thank you, ladies and gentlemen, good day, and welcome to the Max Financial Services Limited Q2 and H1 FY '25 Earnings Confer

The promoters of Max Financial Services Ltd. on Thursday offloaded stake worth Rs 1,218 crore to repay debt. The details on buyers were not available on the BSE.

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup: F&O insights

Max Ventures Investment Holdings, a promoter entity of Max Financial Services, on Thursday divested a 3.18 per cent stake in the company for Rs 1,218 crore through an open market transaction.

Max Ventures Investment Holdings, a promoter entity of Max Financial Services, on Thursday divested a 3.18 per cent stake in the company for Rs 1,218 crore through an open market transaction. Analjit Singh-promoted Max Financial Services Ltd (MFSL), a part of the Max Group, is the holding company for Max Life Insurance.

India's benchmark indices Sensex and Nifty50 hit new record highs, driven by gains in financial and IT stocks, and Reliance Industries' plans to accelerate AI adoption and issue bonus shares. Analysts expect Nifty to continue its upward momentum towards 25,250, with crucial support at 25,000.

Baron Emerging Markets Fund increased in the second quarter of 2024, although it underperformed its benchmark, the MSCI EM Index. Click here to read the full fund letter.

Several major companies, such as Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric, are set to release their June quarter earnings reports this week.

Baron New Asia Fund gained 6.36% (Institutional Shares) during Q1 2024 while its primary benchmark index was up 2.38%. Click here to read more.

Baron International Growth Fund gained 1.35% during the first quarter of 2024, while its primary benchmark index, the MSCI ACWI ex USA Index, was up 4.69%.

Based on the OI percentage, a total of 44 stocks were on the short-covering list which included Exide Industries, Coromandel International, Mahanagar Gas, Birlasoft, and Dr Lal PathLabs.

Based on the OI percentage, 77 stocks saw long unwinding, which included Hindustan Copper, Oberoi Realty, HCL Technologies, Ramco Cement, and Apollo Tyres.