{"id":829883,"date":"2025-02-26T08:11:29","date_gmt":"2025-02-26T14:11:29","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/26\/top-stories-nifty-falls-for-6th-straight-session-govt-invites-bids-for-psu-stake-sale-us-sides-with-russia-and-more\/"},"modified":"2025-02-26T08:11:29","modified_gmt":"2025-02-26T14:11:29","slug":"top-stories-nifty-falls-for-6th-straight-session-govt-invites-bids-for-psu-stake-sale-us-sides-with-russia-and-more","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/26\/top-stories-nifty-falls-for-6th-straight-session-govt-invites-bids-for-psu-stake-sale-us-sides-with-russia-and-more\/","title":{"rendered":"Top Stories | Nifty falls for 6th straight session, govt invites bids for PSU stake sale, US sides with Russia and more"},"content":{"rendered":"
\n

Indian equities ended mixed today, with the Nifty slipping for the sixth straight session, while the Sensex managed to snap a five-day losing streak, closing higher.<\/p>\n

\nIn corporate news, the government has invited bids for merchant bankers and lead managers for stake sales in public sector enterprises (PSUs), with PSU banks and financial institutions in focus. Meanwhile, in an interview with CNBC-TV18. Federal Bank\u2019s new CEO KVS Manian said he sees growth opportunities in current accounts and wealth management to boost profitability. Shares of Tata Investment Corporation surged by 10% after the announcement of Tata Capital\u2019s IPO, and the bank\u2019s other major stakeholders also include Tata Motors and Tata Power.<\/p>\n

\nThe Securities and Exchange Board of India (SEBI) issued a new consultation paper to reduce the number of stocks entering the Futures & Options (F&O) ban period by recalculating Open Interest, a move that could have wider implications for market dynamics.<\/p>\n

\nIn global news, Unilever CEO Hein Schumacher announced his departure, with CFO Fernando Fernandez set to take over. Meanwhile, in a significant turn of events, traditional rivals Russia and the US both voted against a European-backed resolution at the UN condemning Moscow’s 2022 invasion.<\/p>\n

\nOn the economic front, Prime Minister Modi inaugurated the Advantage Assam 2.0 Summit, with Tata Power signing a \u20b930,000 crore MoU to develop 5,000 MW of renewable energy projects in Assam.<\/p>\n

\nStay up to date with the latest news and market movements only on CNBC-TV18!<\/p>\n

Nifty slips for sixth consecutive session as broader market lags over US tariff fears<\/b><\/p>\n

\"Nifty<\/p>\n

Indian equities ended the session with mixed outcomes, as the Nifty fell for the sixth straight day, while the Sensex managed to snap a five-day losing streak, closing higher. The broader market underperformed as market sentiment remained cautious, with declines in mid-cap stocks and pressure in key sectors such as Information Technology and Metals, amid ongoing concerns over potential US tariff talks.<\/span><\/p>\n

The Nifty ended down by 6 points, at 22,548, marking its sixth consecutive loss, while the Sensex rose by 148 points, closing at 74,602. The Nifty Bank index saw a modest decline, falling by 44 points to 48,608, while the mid-cap index dropped by 311 points to 49,702.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

Rupee falls 16 paise to 86.88 against US dollar in early trade<\/b><\/p>\n

\"Dividend<\/p>\n

The rupee declined 16 paise to 86.88 against the US dollar in early trade on Tuesday (February 25) amid a strengthening greenback, sustained FII outflows, and a rise in Brent crude prices.<\/span><\/p>\n

Read full story<\/i><\/b><\/a><\/p>\n

Govt to sell stake in PSUs; invites bids to appoint merchant bankers, lead managers for stake sale<\/b><\/p>\n

PSU Banks & financial institutions are in focus as the govt invites bids to appoint merchant bankers, lead managers for stake sale. The request for proposal for appointment of merchant bankers deals with offer for sales.<\/span><\/p>\n

Federal Bank\u2019s new CEO sees opportunity in current accounts, wealth business<\/b><\/p>\n

KVS Manian, Federal Bank\u2019s new MD & CEO, plans to focus on the bank\u2019s current account deposits and wealth management business to improve profitability.<\/span><\/p>\n

Manian pointed out that Federal Bank\u2019s CASA (Current Account\/Savings Account) ratio stands at 24\/6\u201424% savings accounts and 6% current accounts. \u201cThe 24% savings account is fairly in the right zone vis-\u00e0-vis peers. The 6% current account is where the difference is, and that is the opportunity,\u201d he said.<\/span><\/p>\n

The bank plans to increase current account deposits by using its existing network more effectively. Since current accounts usually carry lower costs than term deposits, improving this share can strengthen margins without additional investment.<\/span><\/p>\n

Read the exclusive here<\/i><\/b><\/a><\/p>\n

Tata Capital IPO: How much do listed Tata entities own in the company?<\/b><\/p>\n

Shares of Tata Investment Corporation rebounded after two consecutive sessions of losses following the announcement of Tata Capital’s Initial Public Offer (IPO). Shares of Tata Group’s investment arm surged 10% on Tuesday, February 25.<\/span><\/p>\n

Other Tata Group companies that hold stakes in Tata Capital include Tata Consumer Products, Tata Chemicals, Tata Motors, and Tata Power. Collectively, these five entities own a 2.4% stake in the company, with Tata Investment Corporation being the largest shareholder among them.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

Major F&O News: SEBI consultation paper aims for lesser stocks entering ban<\/b><\/p>\n

<\/p>\n

Market regulator Securities & Exchange Board of India (SEBI) has issued a new consultation paper through which it aims to have lesser stocks entering the Futures & Options (F&O) ban period.<\/span><\/p>\n

The consultation paper recommends a change in the way Open Interest is calculated for shares. Currently, every trader adds their trades in the F&O space, based on which the notional value is used to calculate Open Interest in the options space.<\/span><\/p>\n

As a result of using notional value of options, the Market Wide Position Limit (MWPL) crosses 95% sooner, which is the threshold for the stock to enter the F&O ban.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

Unilever CEO Hein Schumacher step downs, CFO Fernando Fernandez to take over<\/b><\/p>\n

\"Unilever\"<\/p>\n

Consumer goods giant Unilever announced on Tuesday that its Chief Executive Officer and Board Director Hein Schumacher will step down from his posts on March 1 and will officially leave the company on May 31.<\/span><\/p>\n

Starting March 1, current Chief Financial Officer and Executive Director Fernando Fernandez will assume the role of CEO. Fernandez, who became CFO in January 2024, previously led Unilever\u2019s Beauty & Wellbeing division, one of its fastest-growing sectors, and has held leadership roles across Latin America, Brazil, and the Philippines.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

Four Indian companies on the latest US sanctions list for involvement with Iranian oil trade<\/b><\/p>\n

<\/p>\n

The United States imposed sanctions on 16 new entities linked to the illicit trade of Iranian oil on Monday, February 24, 2025. Among those sanctioned, four Indian companies have been named for their involvement in facilitating the shipment of Iranian petroleum products, which are largely restricted under international sanctions.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

Trump breaks from allies with move to deflect Ukraine blame from Russia<\/b><\/p>\n

\"Donald<\/p>\n

President Donald Trump deepened Washington\u2019s split with allies over Ukraine, withdrawing US condemnation of Russia\u2019s 2022 invasion at the United Nations and among Group of Seven countries as he aims to end the war on terms agreeable to Moscow.<\/span><\/p>\n

In New York on Monday, the US and Russia both voted against an European-backed resolution in the UN General Assembly that calls out Moscow\u2019s \u201cfull-scale invasion\u201d exactly three years ago. The two sides later aligned for the first time since the war started in the Security Council to approve a US resolution calling for a \u201cswift end\u201d to the conflict without assigning blame, a stark reversal from policy under President Joe Biden.<\/span><\/p>\n

More deets here<\/i><\/b><\/a><\/p>\n

President Trump, Macron spar over Ukraine funding during Oval Office meeting<\/b><\/p>\n

President Trump and French President Emmanuel Macron on Monday sparred over the amount of money European nations provided to Ukraine to support its war with Russia.<\/span><\/p>\n

At the White House on Monday, Macron pushed back on Trump\u2019s criticism.<\/span><\/p>\n

\u201cTo be frank, we paid 60%. We paid 60% of the total defaults. And it was like the U.S. loans guarantee grants and we provided real money,\u201d Macron told his U.S. counterpart in the Oval Office.<\/span><\/p>\n

\u201cTo be clear, we have $230 billion frozen assets in Europe. Russian assets,\u201d he said. \u201cBut this is not as collateral of the loan, because this is not our belonging. So they are frozen. If at the end of the day, the negotiation, we will have this. Russia, they\u2019re ready to give it to us. It will be a loan at the end of the day.\u201d<\/span><\/p>\n

\u201cIf you believe that. It\u2019s OK with me,\u201d Trump fired back, in an otherwise friendly meeting.<\/span><\/p>\n

Telangana tunnel collapse day 4: Experts from GSI, NGRI brought in to assist rescue operations<\/b><\/p>\n

The Telangana government has sought the expertise of the Geological Survey of India (GSI) and the National Geophysical Research Institute (NGRI) to aid in the ongoing rescue efforts of eight individuals trapped inside the Srisailam Left Bank Canal (SLBC) tunnel, following its partial collapse on Saturday, February 22.<\/span><\/p>\n

As the rescue operation extends into its fourth day, officials confirmed on Tuesday, February 25, that experts from both organisations are evaluating the tunnel’s stability and advising on the next course of action. Nagarkurnool District Collector B Santhosh stated that while dewatering operations continue, ensuring the structural integrity of the tunnel remains a top priority.<\/span><\/p>\n

Read deets here<\/i><\/b><\/a><\/p>\n

PM Modi inaugurates Advantage Assam 2.0 Summit, says state has become a hub of start-ups<\/b><\/p>\n

\"Prime<\/p>\n

Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Investment and Infrastructure Summit on Tuesday, February 25, bringing together industry leaders and international business delegations.<\/span><\/p>\n

“The state’s dynamic workforce and rapid growth are driving its transformation into a leading investment destination,” PM Modi said while inaugurating the summit. “Today Assam is emerging as the gateway between India and Southeast Asia,” he added.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

Tata Power signs MoU to develop 5,000 MW renewable projects in Assam with \u20b930,000 crore investment<\/b><\/p>\n

<\/p>\n

Tata Power Ltd on Tuesday (February 25) said it has signed a Memorandum of Understanding (MoU) with the Assam government at Advantage Assam 2.0 to develop up to 5,000 MW of renewable and clean energy projects in the state. The initiative will involve solar, wind, hydro, and energy storage projects, with an estimated investment of \u20b930,000 crore over the next five years.<\/span><\/p>\n

Read more<\/i><\/b><\/a><\/p>\n

That\u2019s all folks! Keep yourself up to date with the latest news, views and ideas to make money only on <\/span>cnbctv18.com<\/span><\/a>.\u00a0<\/span><\/p>\n

Beyond #Newsroom<\/span><\/p>\n

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\n Poonam Behura<\/p>\n","protected":false},"excerpt":{"rendered":"

Indian equities ended mixed today, with the Nifty slipping for the sixth straight session, while the Sensex managed to snap a five-day losing streak, closing higher. In corporate news, the government has invited bids for merchant bankers and lead managers for stake sales in public sector enterprises (PSUs), with PSU banks and financial institutions in<\/p>\n","protected":false},"author":1,"featured_media":829884,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54393,4004],"tags":[],"class_list":{"0":"post-829883","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nifty","8":"category-stories"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/829883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=829883"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/829883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/829884"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=829883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=829883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=829883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}