Companies allowed to revise MRPs, Jio Financial-Allianz JV, & more - Daily Digest
Tuesday, 9 September 2025
Markets opened above yesterday’s closing point.
Nifty 50 stayed in a range and closed in green. The positive sentiment was mainly driven by a rise in large IT stocks.
IT stocks and pharma stocks rose the most today. Realty stocks and oil and gas stocks fell the most.
Global markets: US markets closed in green. Asian markets showed a mixed trend. European markets showed a mixed trend (as of 6 pm IST).
News
The Defence Innovation Organisation (iDEX-DIO) under the Ministry of Defence, and EdCIL signed an MoU to help Indian startups develop dual-use technologies (serving both military and civilian needs).
Jane Street’s appeal against SEBI in the market manipulation case began today. The Securities Appellate Tribunal (SAT) has ordered SEBI to respond before 18 Nov.
The government has allowed companies to revise the MRPs on unsold stock to reflect the new GST rates, using stickers or stamps. This relief will be valid till 31 Dec 2025.
Stocks Updates
LTIMindtree: renewed its partnership with Nordic fuel company, OKQ8, for digital transformation of the company.
Tata Power: launched India’s largest EV charging hub in Mumbai in partnership with Tata Passenger Electric Mobility, having 16 fast-charging bays powered by 100% green energy.
Jio Financial: incorporated a 50:50 joint venture ‘Allianz Jio Reinsurance Ltd’ with Allianz Europe B.V. (or ‘Allianz) to operate in India’s reinsurance sector.
Infosys: Bank CTBC Indonesia adopted Infosys Finacle’s cloud-based digital banking suite.
Tech Mahindra: liquidated its non-operational step-down subsidiary CTDEV LLC.
Godrej Consumer: company subsidiary PT Godrej Consumer Products Indonesia has begun constructing a new Rs 250 crore manufacturing site in Kendal, Indonesia to expand its capacity by around 15% in home and personal care.
Word of the Day
Debt-to-Income Ratio (DTI)
It compares how much of your income goes towards paying debts
A lower DTI means you have more income left after paying debts, while a higher DTI means a large portion of your income is tied up in repayments.
DTI = (total monthly debt payments/total monthly income) x 100
Example: you have a monthly income of Rs 50,000. Out of that, you pay Rs 20,000 for your debts. This means your DTI is 40%. That is, 40% of your income goes towards your debts.
Banks use this ratio to decide if you can handle more loans. A lower DTI makes you a safer borrower.
A DTI below 36-40% is generally considered healthy.
6 Day Course
Theme: PMS
Day 2: Tuesday
Within PMS, there are many types.
Discretionary PMS:
In these PMS, the portfolio manager (fund manager) has complete control over the buying/selling decisions — similar to a mutual fund.
Non Discretionary PMS:
In these, the portfolio manager gives options to the investor. But the final decision to buy/sell remains with the individual investor.
He/she can listen to or ignore the options of the portfolio manager.
If they approve, the portfolio manager will buy/sell accordingly.
Advisory PMS:
In this, the role of the portfolio manager is purely advisory.
He/she only discusses the stocks and tells you about them.
Buying/selling stocks has to be done by you in your demat account.
Featured Question
Q. “Do stock market always goes up in the long run ??”
Yes — this has been the case for the Indian share markets since the start.
India’s Sensex started in 1979 and has since then always gone up in the long term.
The same is true for the USA’s stock markets. The USA’s stock markets are much older and have an even longer track record of going up continuously.
Both these countries’ markets have seen ups and downs in between. But they have always managed to grow well in the long run.
But this cannot be said of many other countries' share markets.
Many other countries’ markets have grown for some time and then stopped, or never grown fast enough.
Nobody can predict when India’s and the USA’s markets will stop growing.
But as things stand, based on current economic trends, many believe the growth will continue into the future for a long time.
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