DATE15 Jul
Morning brief · Thursday, 16 July 2026
SBI Mutual Fund takes near 10 percent stake in Relaxo
Market pulse
Indian markets ended a mixed session with a slight gain, as strength in banking and pharmaceutical stocks helped the Nifty close just above 24,000. While the broader market was buoyed by notable gains in individual names like Nuvoco and Gabriel, the IT sector saw declines and Patanjali experienced a significant drop.
From the investor's mind
One post worth your time, explained

@itsTarH · on X
Tar observes that the current emergence of lab-grown diamond retail chains mirrors Titan's successful strategy in the jewellery market. When Titan entered the scene, the gold market was largely unorganized, lacking common standards for quality and pricing. Titan differentiated itself and gained market share by introducing standardization and transparent pricing, effectively professionalizing the segment. Similarly, Tar suggests that lab-grown diamond retailers are poised to replicate this success by bringing structure and clarity to their nascent market.
Yesterday's big moves
Kavveri Defence & Wireless Technologies LimitedNewly DisclosedQuarterly
₹60Past year ▼ 0%M.cap ₹124 Cr
Aegis
Paradeep Phosphates LimitedNewly DisclosedQuarterly
₹141Past year ▼ 18%M.cap ₹14,893 Cr
Invesco Mutual Fund
Relaxo Footwears LimitedNewly DisclosedQuarterly
₹389Past year ▼ 21%M.cap ₹9,885 Cr
SBI Mutual Fund
Aster DM Healthcare LimitedIncreasedSAST
₹813Past year ▲ 37%M.cap ₹42,217 Cr
BCP Asia II Topco IV Pte. Ltd.
Jubilant Foodworks LimitedIncreasedSAST
₹422Past year ▼ 39%M.cap ₹28,502 Cr
Nippon India Mutual Fund
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