Latest Updates Around The World
U.S. stock index futures were subdued on Wednesday as investors awaited crucial jobs data delayed by a partial government shutdown while keeping a close eye on corporate earnings. The employment report is expected to show an increase in U.S. job growth despite a sluggish labor market, due to tariff uncertainty and worker restrictions amid […]
Ashok Leyland reported a 4.5% increase in consolidated net profit in the December quarter at Rs 796 crore, compared to Rs 762 crore reported in the year-ago period. This is after considering a one-time charge of Rs 308 crore for the new labor law.Operating income from operations stood at Rs 11,534 crore in Q3FY26, up […]
The government’s offer for sale (OFS) in Bharat Heavy Electricals Ltd (BHEL) is being offered at a floor price of Rs 254. According to JM Financial, which has a buy rating on the stock, the OFS price implies a valuation of 21x FY28 estimated earnings, compared to the stock’s prevailing multiple of around 23x FY28 […]
Apollo Hospitals posted robust quarterly results, driven by strong revenue growth in its healthcare and pharmacy businesses. The company reported revenues of ₹6,477 crores, up 17%, which translated into EBITDA of ₹965 crores, up 27%. Net profit rose 35% to ₹502 crores, due to the impact of higher volumes in high-end specialties and operational efficiencies.Dr. […]
The Federal Reserve is likely to leave interest rates unchanged for now, as indicated by two central bank policymakers. Officials are awaiting further economic data on jobs and inflation, an AFP report said.Cleveland Fed President Beth Hammack suggested current interest rate levels could be maintained for an extended period, citing a cautiously optimistic outlook for […]
The global economy is entering an unusual and potentially difficult phase for bond investors, as public finances in major developed economies deteriorate rapidly – even in the absence of a financial crisis or pandemic. Unlike the extraordinary fiscal expansions we saw during the global financial crisis or Covid-19, the current surge in lending is taking […]
The rupee devalued by 6 paise to 90.62 against the US dollar in early trade on Wednesday as geopolitical tensions and demand for the dollar from importers weighed on investor sentiment. At the interbank forex market, the rupee opened at 90.56 against the US dollar but subsequently lost some ground to settle at 90.62, posting […]
After a tough 2025 that left small-cap investors nursing deep wounds, the third-quarter earnings season is delivering the first real signs of recovery, with smaller companies outperforming larger companies on revenue, profitability and cash flow. This signals a potential turning point for a segment that has been in the penal box for more than a […]
Grover Jewells shares are set to debut on the NSE SME platform on February 11, with gray market indicators pointing to a muted listing. The IPO currently has a GMP of 0%, which suggests the listing is largely in line with the issue price, rather than sharp gains.The Rs 34 crore IPO, which was subscribed […]
Indian stock markets closed cautiously and within a range on Tuesday after profit booking in banking, IT and healthcare stocks emerged as a major drag on the indices. Overall, analysts say the near-term outlook remains slightly positive, with a consolidating slant, with the uptrend capped unless a clear break above 26,000 occurs.STATE OF THE MARKETSGIFT […]
