Latest Updates Around The World
Rubicon Research’s Rs 1,377 crore IPO, which opened for subscription on October 9, has now entered its second day. The issue was 51% subscribed, with bids for 84.62 lakh shares against the 1.64 crore shares offered by the end of Day 1. Market observers report that Rubicon Research is trading at a gray market premium […]
Shares of Tata Elxsi witnessed selling pressure and fell 3% to the day’s low of Rs 5,406 per share on the NSE on Friday after the design and technology services company reported a 32.5% decline in net profit to Rs 154.81 crore for the second quarter of FY26. However, sequential performance showed a 7.2% increase […]
U.S. stocks closed on a negative note Thursday as investors, lacking economic data or sentiment-driving catalysts, took the opportunity to consolidate ahead of third-quarter earnings season. The S&P 500 and Nasdaq eased back from Wednesday’s record highs, while the blue-chip Dow closed with the deepest percentage decline. “The earnings cycle is upon us and it […]
India’s major indices, the Nifty and Sensex, recovered on Thursday after a one-day lull, supported by gains in IT, metals and pharmaceutical stocks. The broader Nifty ended at 25,181.80, up 135.65 points or 0.54%, while the Sensex settled at 82,172.10, down 398.44 points or 0.49%. When trading resumes in the markets today, TCS, Tata Elxsi, […]
Mumbai: Borrowing costs of housing finance companies (HFCs) are expected to come down with the National Housing Bank (NHB) agreeing to grant partial credit enhancement (PCE) to bonds issued by these lenders. This move is aimed at helping HFCs pass on the lower financing costs to borrowers, especially in the affordable housing segment. In a […]
The Indian market advanced on Thursday, led by gains in IT and metals stocks. Investors turned bullish on Tata Consultancy Services’ quarterly results, while a recovery in base metal prices added momentum to the rally. The S&P BSE Sensex rose 398.44 points, or 0.49%, to close at 82,172.10, and the NSE Nifty 50 gained 135.65 […]
Gurugram-based real estate developer Signature Global has received approval from the bond commission to raise up to Rs 875 crore through non-convertible debentures on a private placement basis, according to a regulatory filing on Thursday. In June, the company’s board had approved raising funds through the issuance of covered listed redeemable NCDs. “The debenture committee […]
Hello, you are listening to ET Markets Radio. I am your host, Neha Vashishth. Welcome to another episode of ET Market Watch, where we bring you the latest news from the world of stock markets every day. Let’s dive in: Indian markets rallied on Thursday, led by IT and metals stocks, as investors turned bullish […]
The steep rally in stocks on Wall Street is raising investor concerns about the formation of a bubble, which could lead to a significant correction. Optimism about the prospects of artificial intelligence has boosted the valuations of several tech heavyweights, including Nvidia, Microsoft and most recently Oracle. This has pushed the benchmark S&P 500, Nasdaq […]
Copper hit $11,000 a tonne on Thursday, a milestone not seen for 16 months as investors piled into the metal after a series of mine supply disruptions sparked fears of shortages, while aluminum hit a more than three-year high. The benchmark three-month copper on the London Metal Exchange rose 3.1% to hit the $11,000 mark, […]
