Jayesh Logistics will open its IPO worth Rs 28.63 crore for subscription on Monday, with the issue generating cautious optimism in the MSME segment. The public offer, which closes on October 29, involves a fresh issue of 23.47 lakh shares, consisting entirely of new equity. The shares will be listed on the NSE SME platform […]
Signs that the US and China were nearing a trade deal sparked a rally across asset markets, sending stocks, oil and copper higher, along with China-exposed currencies such as the Australian dollar. Government bonds and gold fell. Asian shares rose 0.8%, while shares in Japan and South Korea rose about 2%. Futures for the S&P […]
India’s low-profile billionaire and retail king, Radhakishan Damani, appears to have exited his decade-old stake in the Tata Group’s retail powerhouse Trent, sparking new rumors on Dalal Street about what might have prompted this move after years of great success. The filings for the September 2025 quarter show Damani’s stake in Trent, held through Derive […]
Goldman Sachs has turned bullish on India’s defense manufacturing sector, naming PTC Industries, Bharat Electronics and Solar Industries among its top picks, after the Defense Acquisition Council (DAC) this week approved proposals worth Rs 790 billion, a move that the brokerage said underlines its belief in an increasing total addressable market (TAM) for domestic defense […]
The Indian market ended lower on Friday, with the Sensex and Nifty snapping a six-day winning streak as investors locked in their gains after benchmarks hovered around record highs. The pause followed a rally fueled by optimism about easing global trade tensions and expectations of a recovery in corporate profits. The S&P BSE Sensex fell […]
If you still think that the National Pension System (NPS) is a boring government product meant only for old-fashioned uncles and PSU employees, then you are about to miss the pension bus. Big time. While everyone is busy debating low savings rates and chasing mutual fund returns, the NPS has just gone through a quiet […]
More than 300 companies, including heavyweights like Swiggy, Adani Green Energy, ITC and Larsen & Toubro, will announce their financial results this week, giving investors and analysts a comprehensive snapshot of business performance for the July-September quarter of FY26. The flurry of earnings announcements will give markets a clearer picture of how companies navigated a […]
Base metal prices have witnessed a remarkable rally in recent weeks, with copper, aluminum and zinc leading the major global exchanges. Copper prices have surged past the psychological $10,000 mark on the London Metal Exchange (LME), while on India’s MCX platform they are near record highs. Similar bullish momentum is evident in China’s top consumer […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,55,710.74 crore last week during the holiday shortening, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the benchmark BSE rose 259.69 points or 0.30 percent. On […]
Berkshire Hathaway is trailing the S&P 500 by the widest margin this year as Warren Buffett’s decision to sharply cut the conglomerate’s stake in Apple continues to weigh on performance even as Berkshire’s own shares recover from their summer lows. Berkshire Hathaway’s Class B shares are up 7.2% since an Aug. 4 low of $459.11, […]