Latest Updates Around The World
The rupee recovered from record lows to settle with a gain of 11 paise at 88.66 (provisional) against the US dollar on Tuesday, boosted by falling crude oil prices abroad. Forex traders said a strong dollar, foreign fund outflows and subdued domestic stock markets prevented a sharp rise in the Indian currency. At the interbank […]
Adani Enterprises, the flagship company of the Adani Group, on Tuesday, November 4, announced that its board has agreed to raise up to Rs 25,000 crore through a rights issue of partially paid shares of face value of Re 1 each. The offer will be made to eligible equity shareholders as of the record date, […]
According to market expert Neeraj Dewan, the Indian stock market may be entering the next phase of growth as several sectors – from PSU banks and telecom to value retail and cement – show renewed strength.Speaking to ET Now, Dewan said that while the frontline indices are near their 52-week highs, the broader market could […]
Sun Pharma is expected to show steady but moderate growth in its September second quarter (Q2 FY26) earnings, with analysts highlighting a combination of factors: a high base effect from last year’s Revlimid sales, weak performance at Taro and early-stage spending on the US launch of Leqselvi, the recently approved specialty drug.According to average broker […]
Domestic copper prices fell on Tuesday, following international market prices in early trade, amid concerns about a slowdown in manufacturing activity in key consumer country China. Additionally, a stronger dollar weighed on sentiment, with the dollar index hovering around 100 against a basket of six major currencies.The November copper contracts on the MCX were trading […]
Shares of Thangamayil Jewelery rose as much as 19% to a record high of Rs 3,089 in the morning deals on Tuesday, November 4, extending gains for the fourth consecutive session on the bourses. With today’s rise, the stock is up almost 50% over the past four sessions.The renewed buying interest follows the company’s strong […]
Indian government bonds rose in early trade on Tuesday as speculation about central bank support and the rupee’s best open in about three weeks fueled short covering.The yield on the benchmark 10-year bond stood at 6.5189% at 10:40 am IST. It ended Monday at 6.5343%. Bond yields fall as prices rise.The ‘Other’ buyer category bought […]
The Indian auto sector is showing renewed vigor following the recent rationalization of GST rates, with signs of a sustainable recovery in passenger vehicles (PVs) and some optimism in the two-wheeler segment. However, according to founder Deepak Shenoy, it may take some time for commercial vehicles (CVs) to catch up & CEO from Capitalmind.When asked […]
Game Changers Texfab’s SME IPO is set to debut on the BSE SME platform on November 4, but market sentiment seems cautious. The gray market premium (GMP) for the issue is currently zero, indicating that the stock could trade right around the issue price of Rs 102 per share.The public issue of Rs 54.84 crore, […]
NEW YORK, Nov 3 – The S&P 500 and Nasdaq closed higher on Monday, with artificial intelligence-related deals taking much of the gains, while the Federal Reserve’s near-term monetary policy became increasingly foggy due to the scarcity of official U.S. economic data. Technology and tech-related companies helped propel the Nasdaq to its biggest gains, while […]
