Primevest Wealth Pvt Ltd Nagpur

23/05/2026

19/05/2026

https://economictimes.indiatimes.com/prime/fintech-and-bfsi/as-west-asia-boils-will-dubais-loss-be-a-gift-for-india/primearticleshow/131179396.cms

NRIs are looking to place their investable assets outside Dubai International Financial Centre and weighing GIFT City as an option. The shift is subtle, but measurable.

18/05/2026

BRICS delegation visits GIFT City, gets insights into its infra
The visit assumes significance as India holds the BRICS Chairship for 2026 and is set to host the 18th BRICS Summit and related ministerial engagements during the year
By: Express News Service
2 min read
May 15, 2026 08:56 PM IST

The visit assumes significance as India holds the BRICS Chairship for 2026 and is set to host the 18th BRICS Summit and related ministerial engagements during the

14/05/2026

*Closing Bell — May 12, 2026* 🔔
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📉 *Nifty50 closed at 23,379.55 — down 436.30 pts (–1.83%)*

📉 *Sensex closed at 74,559.24 — down 1,456.04 pts (–1.92%)*

*Markets fell sharply for the fourth straight session, as IT, Realty, and Consumer Durables stocks led broad-based selling amid dual pressures of the OpenAI AI deployment threat and persistent West Asia tensions keeping crude above $105/barrel. In the broader markets, Nifty MidCap ended 2.54% lower and Nifty SmallCap fell 3.17%.*
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🏭 *SECTORS*
🔴 *Nifty IT –3.73% — worst sectoral laggard (hit lowest level since May 2023)*

🔴 *Nifty Realty –4.11% — extended losses for third straight session*

🟢 *Nifty Metal & Nifty Oil & Gas — relative outperformers,* *supported by rising crude prices and government royalty cuts*
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🔴*HDFC Bank, ICICI Bank, Reliance Industries, Tech Mahindra, HCL Technologies, Adani Ports — top Nifty50 losers*

🔴*Groww shares tumble 7% amid likely ₹5,637 crore block deal, six-month lock-in expiry.*

🟢 *ONGC (+4.80%) & Oil India (+7.66%) — top gainers, surging after govt announced royalty rate cuts on crude oil and gas production*
──────────────────
⚠️ *MAJOR NEWS IMPACTING MARKETS*

🤖*OpenAI Deployment Company Shock*
*OpenAI announced the launch of its Deployment Company — a new entity aimed at helping organisations build and deploy AI systems for critical operations, moving from being a software provider to a full-service consultant, directly encroaching on the domain of India's IT majors. The Nifty IT index has now fallen nearly 25% year-to-date.*

🛢️ *Crude Oil Surges Further*
*Brent crude futures rose to $106.21–$106.85 per barrel as Trump stated the month-old ceasefire with Iran was on "massive life support" following what he described as an "unacceptable" proposal from Tehran, deepening fears of prolonged supply disruption through the Strait of Hormuz.*

💱 *Rupee at Fresh Record Low*

*The Indian rupee fell to a fresh lifetime lo

12/05/2026

*🚨Singapore PM addresses The Nation - Be prepared for Worst Times coming ahead*

09/05/2026

https://www.reuters.com/sustainability/boards-policy-regulation/adani-arcelor-among-firms-setting-up-treasury-operations-indias-gift-city-2026-05-05/

Follow the RYSA WEALTH - GIFT City channel on WhatsApp: https://whatsapp.com/channel/0029Vb7YYeeEVccTJjJQ6v2X

Gautam Adani's eponymous firm, telecom operator Bharti Airtel , U.S.-based Genpact and autoparts giant ZF ​Friedrichshafen are among the companies setting up treasury operations in India's tax-neutral finance zone, according to three sources.

09/05/2026

https://www.livemint.com/market/gift-city-looks-to-expand-investment-suite-with-commodity-trading-and-global-real-estate-trusts-ifsca-reit/amp-11778139150128.html

The regulator is set to launch frameworks for real estate and infrastructure trusts in a month and commodity trading rules in three to six months, aiming to shield India from global price shocks and lure back trading activity from offshore hubs.

01/05/2026

_*RYSA Wealth - Morning Bulletin - 29 April 2026*_

1️⃣ *_UN urges Hormuz reopening_*

UN chief Antonio Guterres urged all sides to reopen the Strait of Hormuz fully.
He said ships must pass without tolls or discrimination, as trade and energy flows are being hit.The US also warned Iran against trying to control or charge vessels using the waterway.

2️⃣ *_Google begins AI hub_*

Google has started work on a $15 billion AI hub near Visakhapatnam.
The project includes a 1 GW data centre, subsea cable landings and digital infrastructure.
It aims to turn Visakhapatnam into a major AI and connectivity hub, with large job creation expected.

3️⃣ *_Musk battles OpenAI_*

Elon Musk told a US court he is suing OpenAI because he believes its shift from charity to for-profit is wrong.
OpenAI argued Musk is trying to weaken a rival to his own AI company, xAI.
The case could influence OpenAI’s future structure as it moves closer to a possible public listing.

4️⃣ *_PSB boards face gaps_*

Most public-sector banks are operating with key board vacancies.
Only 3 of 11 nationalised banks have a non-executive chairperson, while many lack independent directors.
Canara Bank has also been without a full-time MD and CEO for nearly four months.

Source: Business Standard; MCPro; ETPrime

22/04/2026

Why GIFT City is becoming a top investment route for NRIs: 5 facts to know
As global wealth becomes increasingly mobile, non-resident Indians (NRIs) are rethinking how they engage with India’s growth story. The shift is no longer limited to capital flows—it is equally about choosing efficient, globally aligned investment structures that simplify access while maintaining regulatory clarity.

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“NRIs are transitioning from opportunistic investing to strategic allocation, and from fragmented exposure to integrated platforms,” says Vishal Goraddia, Fund Manager, Aikyam India Discovery Fund, Aikyam Capital Group. In this evolving landscape, GIFT City is emerging as a preferred gateway for global Indian capital, combining tax efficiency with institutional-grade infrastructure.
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1. Rising NRI wealth

NRI deposits in India have reached around USD 165 billion, underlining the scale of overseas capital looking for productive deployment. As portfolios become more global and diversified, the need for seamless cross-border ex*****on has intensified.

“There is a growing need for platforms that can efficiently manage cross-border portfolios without fragmentation,” Goraddia explains. GIFT City addresses this by offering a unified ecosystem where investments can be executed, monitored, and repatriated efficiently.

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ALSO READ: Dividend announced in HDFC Bank Q4 results 2026 - Check amount, record date; net profit up 9% to Rs 19,221 cr | Highlights

2. India’s expanding markets

India’s equity market capitalisation stands at ~$5 trillion, while the Alternative Investment Fund (AIF) industry has crossed ₹10 lakh crore in commitments. This depth across listed and unlisted markets is expanding the opportunity set for investors.