Aequitas Investment founder Siddhartha Bhaiya passes away at 47

Aequitas Investment founder Siddhartha Bhaiya passes away at 47

Siddhartha Bhaiya, Managing Director and CIO, Aequitas Investment Consultancy Contrarian bet advocate and small-cap specialist Siddhartha Bhaiya, Managing Director and CIO of Aequitas Investment Consultancy, passed away on December 31 due to cardiac arrest, while on a family vacation in New Zealand. He was just 47. “Siddhartha was the driving force behind Aequitas,” the investment […]

Indian Stock market today 2nd Jan 2026: Banking, metal & auto stocks lift Nifty to record high, Sensex jumps 573 points, Coal India, NTPC, Hindalco lead gainers, ITC drags

Indian Stock market today 2nd Jan 2026: Banking, metal & auto stocks lift Nifty to record high, Sensex jumps 573 points, Coal India, NTPC, Hindalco lead gainers, ITC drags

Benchmark indices scaled higher on Friday amid broad-based rally in banking, realty, metals and auto stocks. NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 per cent positive at 26,328.55. Steady domestic institutional inflows helped offset persistent foreign selling. Optimism around an improving earnings outlook, healthy auto sales, […]

Mills on edge as duty-free cotton imports window ends

Mills on edge as duty-free cotton imports window ends

Textile mills in the country are worried over the lack of communication from the Centre on extending duty-free import of cotton, which ended on December 31, 2025. This will likely support prices in the domestic market. The duty waiver, introduced in August and extended till December-end, was meant to augment supplies and ease pressure on […]

India imposes three-year safeguard duty of up to 12% on steel imports

India imposes three-year safeguard duty of up to 12% on steel imports

Imports from China, Vietnam and Nepal will attract the duty, while certain developing countries and specialty steel products such as stainless steel are exempt. | Photo Credit: India has imposed a three-year import tariff ​of between 11% and 12% on ‌some steel products, according to ​a finance ministry order published on Tuesday, as the government […]

Macro data announcements, trading activity of foreign investors to drive markets this week: Analysts

Macro data announcements, trading activity of foreign investors to drive markets this week: Analysts

A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors’ sentiment in the stock market this week, analysts said. Besides, auto sales data will be closely tracked, experts noted. With only a handful of trading sessions left this year, Indian equity markets are expected to remain largely range-bound, […]