SEBI alleges insider trading, Eternal (Zomato) profit falls, & more
Thursday, 16 October 2025
Markets opened above yesterday’s closing point.
Nifty 50 rose throughout the day and closed in the green.
All sectors’ stocks rose today except for the PSU bank stocks. FMCG stocks and realty stocks rose the most.
Global markets: Most US and Asian markets rose. Most European markets rose (as of 6 pm IST).
News
SEBI has accused 8 people of insider trading in Indian Energy Exchange (IEX) shares, making gains of around Rs 173 crore illegally. Notices have been sent to those involved.
Canara Robeco AMC IPO listed on the stock exchanges at a premium of 5.36% over the issue price and closed 12.95% up at the end of the day.
Rubicon Research IPO listed on the stock exchanges at a premium of 27.84% over the issue price and closed 29.53% up at the end of the day.
Stocks Updates
Infosys: net profit rose 13% year-on-year to Rs 7,364 crore in the July-Sept quarter. Dividend declared: Rs 23 per share; record date: 27 Oct.
Eternal (Zomato): net profit fell 63% year-on-year to Rs 65 crore in the July-Sept quarter.
Wipro: net profit rose 1% year-on-year to Rs 3,246 crore in the July-Sept quarter.
Nestle: net profit fell 17% year-on-year to Rs 743 crore in the July-Sept quarter.
Jio Financial: net profit rose 1% year-on-year to Rs 695 crore in the July-Sept quarter.
LTIMindtree: net profit rose 12% year-on-year to Rs 1,401 crore in the July-Sept quarter. Dividend declared: Rs 22 per share; record date: 24 Oct.
Indian Bank: net profit rose 11% year-on-year to Rs 3,108 crore in the July-Sept quarter. Net interest income rose 8% to Rs 16,628 crore.
Word of the Day
Profit Margin
It shows how much profit a company makes from its sales after paying all expenses
It is shown as a percentage of sales.
A higher profit margin means the company keeps more money from their sales, while a lower margin means costs are higher or profits are smaller.
Profit margin helps investors see how efficiently a company is managing its costs and generating profit.
6 Day Course
Theme: importance of timing in mutual funds
Day 4: Thursday
So far, when we say “timing your investment in mutual funds”, we have referred to investing within a day (before the NAV cut off time of that day).
Now, let’s discuss longer term investment timing in mutual funds.
Some expert investors avoid investing in mutual funds when the markets seem overvalued.
This strategy can work for investors who understand market overvaluation well.
In most mutual fund investors’ case, that is not true though.
The challenge often comes in the form of unpredictability, again.
Markets can continue to perform well even when they seem overvalued.
Many of the best stocks over the last decade or two have given high returns despite being considered ‘overvalued’ by many investors.
Besides that, mutual fund managers usually avoid buying overvalued stocks themselves. So mutual fund investors may worry less about this aspect.
Features Question
“Can we any invest any amount (or acc to NAV only ?) in MF at any time ? And does this apply same while withdrawing ?”Most mutual funds have a minimum investment amount.
Some mutual funds have a minimum limit of Rs 500, some have Rs 1,000, etc.
Above that, there are no restrictions on the amount you can invest.
Some mutual funds do restrict inflows sometimes. This mainly happens because the fund manager is not sure if there are enough good opportunities to put money into.
One example of this is small-cap mutual funds.
Small-cap mutual funds sometimes restrict investments and sometimes even fully stop taking investments.
The fund manager reopens the mutual funds for investment when opportunities are present.
In case of most mutual funds (that do not have a lock-in), there is no limit on withdrawals.
Investors can withdraw any amount they wish to withdraw any time.
In both cases — investing and withdrawing — the NAV at the time of investing/withdrawing will apply.
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