Marvell Technology shares climbed more than 7% in premarket trading on ​Monday after the chipmaker was ​set to join the benchmark S&P 500 at ​the end of June, in the latest boost to a stock that has surged recently.

Its shares have gained about 59% since May 27 after the company forecast its ‌custom-chip business ⁠would surpass $10 billion ⁠in revenue in fiscal 2029 and Nvidia CEO Jensen Huang called Marvell the ​next “trillion-dollar company.”

Investors closely monitor FII activity, as foreign institutional investors typically enter markets only after extensive research. While it is important to observe where FIIs are increasing their exposure, their selling trends can be equally insightful. Among the BSE large-cap pack, FIIs have steadily reduced their stakes in about 106 large-cap companies over the past two quarters, December 2025 (October to December) and March 2026 (January to March).
Looking at stock performance over the last six months, the majority of these companies delivered negative returns. Notably, around 13 large-cap stocks fell between 25% and 40% during this period. On the other hand, three stocks still managed to rally over 40% despite continuous FII selling. (Data source: ACE Equity)

Bevirs Law has had a presence in the town since 1910

One of Swindon’s oldest law firms is relocating from its town centre offices, it has announced. Bevirs Law, which has had a presence in the town since around 1910, has moved from Regent Circus to Newbridge Square.

The firm says the move will mean it has the capacity to expand its team and accommodate future growth.

“The move provides the firm with a more suitable, modern environment designed around a layout aimed at fostering closer team collaboration and improved communication across the firm’s legal departments,” the company said.

Newbridge Square is based by the new bus boulevard interchange and the train station.

“Moving from Regent Circus to Newbridge Square marks an exciting new chapter,” said Bevirs Law partner Claire Webb, who led the relocation project.

“The new layout is already making a noticeable difference to how our team interact and collaborate on a daily basis. Just as importantly, this new space gives us the room to expand.”

Bevirs Law was founded almost 150 years ago and is headquartered in Royal Wootton Bassett, with an office in Calne as well as Swindon.

There are 14 team staff based in the Swindon office across three departments: family care, private client and litigation. The firm is currently recruiting for its private client team, conveyancing team and commercial property team.

“Being situated right next to the new bus boulevard interchange and closer to the train station also means we are now in a highly accessible, central location that makes travelling to us much easier for our clients and staff alike,” added Ms Webb.

Rowan Burger

Good morning, everyone, and a very warm welcome to the Momentum Group Capital Markets Day 2026. My name is Rowan Burger. I’m Head of Strategic Finance, together with Mulalo Liphosa and [indiscernible], who are part of our Investor Relations team. And for those of you joining us online virtually, I’m very pleased to have you with us.

Please do participate online in the question session. Do not feel that you are not part of the occasion. And also, I’d like to extend a special welcome, not quite see all of them right now, but to our Africa chair people and the CEOs, they’re here to spend an Africa Chairperson’s Day with Jeanette tomorrow. So it’s nice for you to sort of spend some time with our investors and get to know a little bit more about the group.

Today, we have a very full program running from 9:00 this morning, a little bit after that until half past 4:00. We’ve designed this because we like you to interact with our executives. So with that in mind, we’ve tried to

Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, used her platform at the ET Alpha Summit to lay out a bold, long-term case for India, and to make a powerful argument for a new category of investment product that most retail investors are still waking up to. Talking to Kshitij Anand at the sidelines of the summit, Gupta talked about how financialisation of savings, defence and energy, and premium consumption are the structural trends that will define Indian wealth creation over the next 10 years.

Why Radhika Gupta is India’s biggest SIF bull

Specialised Investment Funds (SIFs) are designed to sit between mutual funds and portfolio management services, and Gupta, whose firm is currently the largest SIF manager in India, believes they solve a problem that no other product currently addresses well.
Her framework is simple. Every financial product succeeds only if it meets a genuine need. SIFs, she argues, deliver on three fronts: lower dependence on market beta, higher potential for alpha, and superior tax efficiency, a structure deliberately enabled by SEBI.

The real-world proof is in Edelweiss’s own launch. Their first SIF under the Altiva brand, designed to generate 9–10% pre-tax returns with capital gains efficiency over an 18 to 24-month horizon, is on track to become the fastest fund in the firm’s history to hit ₹5,000 crore in AUM.

“If you meet a need correctly, there is demand for it,” Gupta said. She added that she personally invested in the SIF for her own portfolio when she needed a two-year, low-equity-risk allocation, the strongest possible endorsement from a fund house CEO.

India’s economic case remains intact

On the broader economy, Gupta is measured but constructive. India is a 6–8% real growth economy, translating to 10–12% nominal growth, still among the fastest-growing major economies globally, even accounting for geopolitical headwinds, oil price volatility, and tariff-related uncertainty.
Her long-term bull case rests on four pillars: favourable demographics, continued economic reforms, deepening financialisation of household savings, and Indian entrepreneurship. She cited research showing that replacing American CEOs of S&P 500 companies with Indian CEOs would statistically generate alpha, a proxy for the quality of Indian management talent globally.

The 3 sectors to watch over the next decade

Gupta named three structural themes she believes will drive wealth creation in India through the 2030s.

Financialisation of savings: India’s asset management, wealth management, and capital markets ecosystem is still in its early stages. Mutual fund penetration remains low relative to GDP, and the runway for growth is significant.

Defence and energy: India’s defence indigenisation push and rising power consumption are long-duration structural trends with decades of investment ahead.

Premium and discretionary consumption: India has just 0.2 hotel rooms per thousand people against 15 in the US. Hospital beds stand at 0.4–0.5 per thousand, compared to 3–5 in developed markets. The gap between India’s aspiration and its infrastructure in tourism, healthcare, and experiential spending is enormous, and closing it will generate substantial wealth for investors positioned early.

A ₹600 crore revenue event from a single Coldplay concert in Ahmedabad, she noted, is a signal of where young India is heading.