Latest Updates Around The World
Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission and Duroflex have received approval from the Securities and Exchange Board of India (Sebi) to go ahead with their initial public offerings (IPOs). All five companies received Sebi’s observation during the week. In IPO parlance, Sebi’s ‘observation’ refers to the regulator’s formal comments or approval […]
BSE has received approval from capital markets regulator Sebi to launch derivatives contracts on the “BSE Focused Midcap Index”, expanding its basket of index derivatives at a time when the stock exchanges have moved to a single weekly expiration structure.The new index measures the performance of the twenty largest mid-cap companies, selected based on their […]
State-owned Engineers India Ltd (EIL) reported a more than three-fold increase in year-on-year net profit to Rs 302 crore for the third quarter ended December 31, 2025, on the back of strong execution and higher revenues.The net profit of Rs 301.73 crore in October-December – the third quarter of the current financial year 2025-26 – […]
Britain’s FTSE indexes were subdued on Friday, showing a downbeat mood globally in a week marked by concerns about AI disruption, while defense stocks got a boost as investors priced in more European cooperation that could boost the sector.The blue-chip FTSE 100 and mid-cap FTSE 250 were down 0.1% each at 11:40 GMT. Still, the […]
The Indian rupee was little changed on Friday as pressure from weak local stocks and increased interbank demand for dollars accompanied a likely central bank intervention to defend the currency, traders said.The rupee closed at 90.6350 per dollar, down marginally from the closing rate of 90.59 in the previous session. The currency changed little week […]
Friday the 13th, a date steeped in superstition and caution, so much so that there is even talk of a tongue-twisting phobia, Paraskevidekatriaphobia, may send chills through popular Western culture, but seems to have little impact on Dalal Street, where the markets tend to move more on fundamentals than folklore.A closer look at the last […]
The past few days have brought more action than many months combined: a Union Budget, a major deal between India and the US, sharp swings in gold and silver, and turbulence in the stock market. The question to ask is whether investors should follow every development or simply ignore the noise.Market veteran Madhusudan Kela, with […]
Shares of Bengaluru-exposed real estate developers including Prestige Estates Projects, Oberoi Realty and Brigade Enterprises, and other real estate stocks fell as much as 4% on Friday, dragging the sector index down over 2%, as investors flagged emerging risks of potential AI-led disruptions in the technology sector.The sell-off reflects concerns that weaker prospects for the […]
A week ago, sentiment on Dalal Street was optimistic. Progress on trade with the US and EU, together with a largely acceptable budget, had put markets on a strong footing. But a sharp AI-led global rally has since diverted flows, triggering a decline in domestic stocks. Vinit Sambre of DSP Mutual Fund believes the bigger […]
Federal Reserve Governor Stephen Miran has warned that the US central bank’s current monetary policy stance threatens to slow down an economy further supported by a series of budget initiatives from the Trump administration, including tax cuts, Reuters reported.Speaking at an event hosted by the Federal Reserve Bank of Dallas, Miran argued that policymakers may […]
