Newly listed NBFC, Tata Capital, on Tuesday reported a marginal growth of 2% year-on-year (year-on-year) in its consolidated net profit at Rs 1,097 crore in the second quarter. Net interest income for the quarter improved 23% year-on-year to Rs 2,637 crore over the same period. The reported net interest income for the quarter excludes the […]
After a four-hour delay in the start of trading on the MCX, gold and silver futures opened lower on Tuesday, extending their losses for the second straight session, tracking weakness in global markets and reducing demand for safe havens. On the Multi-Commodity Exchange (MCX), gold futures traded at Rs 1,18,864 per 10 gram in December, […]
Euro zone government bond yields were mixed on Tuesday as investors remained cautious about a potential US-China trade deal and awaited central bank decisions later this week. China hopes the United States can meet halfway to “prepare for high-level interactions” between the two countries, Foreign Minister Wang Yi told U.S. Secretary of State Marco Rubio […]
The outsized gains of the past from Indian IPOs will fade in 2025 as investors become more discerning in what remains one of the hottest IPO markets in the world. The average return for stocks one month after listing has shrunk to 2.9% this year, compared with 22% last year and 25% in 2023, according […]
Shares of electronic trading platform Multi Commodity Exchange (MCX) fell as much as 2.2% to the day’s low of Rs 9,105 after it announced that trading had been halted and will commence in due course on Tuesday, instead of the usual opening time, due to a technical glitch. The exchange had initially asked members to […]
While global markets are recovering on renewed optimism about potential trade progress between the US and China, questions remain about how sustainable this upward trend really is. The rise in US stock prices, largely driven by sentiment, comes ahead of the highly anticipated meeting between President Xi Jinping and President Donald Trump. In an exclusive […]
The rupee devalued by 21 paise to 88.40 against the US dollar in early trade on Tuesday, pressured by month-end dollar demand from importers and a rise in global crude oil prices. Forex traders said investors are watching Wednesday’s Federal Reserve policy decision for further clues. Markets assign a 97.8 percent probability of a 25 […]
Shares of Adani Energy Solutions will be in focus on Tuesday, October 28, after the company reported a 21% year-on-year decline in consolidated net profit for the quarter ended September 2025 (Q2FY26). Net profit stood at Rs 534 crore, compared to Rs 675 crore in the same quarter last year. Despite the decline in profits, […]
Game Changers Texfab’s SME IPO opens for subscription on Tuesday, October 28, amid a busy week in the primary market. The Rs 55 crore issue is entirely a fresh equity issue of 53.76 lakh shares and will close on Thursday, October 30. The company has set a price range of Rs 96 to Rs 102 […]
The record rally in global stocks provided a breather in early Asian trading on Tuesday, as markets braced for a wave of mega-cap tech gains and policy announcements from major central banks this week. Share prices in Japan and South Korea retreated from Monday’s record highs, while shares in Australia also fell at the open. […]