Latest Updates Around The World
The Dow Jones Industrial Average crossed the 50,000-point mark for the first time on Friday, marking a historic milestone for the 128-year-old blue-chip index as a powerful rally in industrials, financials and select technology stocks helped Wall Street recover from a tech-led sell-off earlier this week.The Dow Jones rose 1,206.95 points, or 2.47%, to close […]
Shares of retailer Kalyan Jewelers India hit the 10% upper limit on BSE, rising to Rs 417.75 after the jeweler’s blockbuster third-quarter profit triggered a flurry of bullish brokerage calls with price targets as high as Rs 750, a potential upside of 80% from current levels.The shares remained stuck after the company reported a staggering […]
India’s Union Budget 2026 may have relaxed outward investment norms and strengthened the case for global diversification, but currency volatility could change the return equation for foreign investors.In this edition of ETMarkets Smart Talk, Prashant Gupta, co-founder of Wealthy.in, explains why the rupee’s recent swings – after reaching 91.2 against the dollar and recovering towards […]
Shares of State Bank of India (SBI), the country’s largest public sector lender, are expected to remain in focus during Monday’s trading session after a strong performance in the third quarter of FY26. The bank reported robust earnings growth, steady improvement in asset quality and healthy loan growth, prompting brokerage Nuvama Research to raise its […]
Elevate Campuses, an institutional platform for student housing and education infrastructure backed by Singapore-based Hillhouse Investments, has received approval from the Securities and Exchange Board of India (SEBI) to go ahead with its initial public offering (IPO) worth ₹2,550 crore, according to regulatory filings.The proposed public offering will consist entirely of a new issuance of […]
Indian benchmark indices closed higher on buying interest in consumer and private banking stocks, although gains were limited by selling pressure in auto, IT and pharmaceutical names. While Nifty ended at 25,693.70, up 50.90 points or 0.20%, the BSE Sensex advanced 266.47 points or 0.32% to 83,580.40.Meanwhile, the volatility gauge India VIX ended at 11.94, […]
Leading cement makers reported strong double-digit year-on-year growth in sales volumes in the December 2025 quarter, even as their realizations came under pressure.Businesses remain optimistic about further improvement in demand and prices in the coming months, aided by favorable inflation, supportive tax rationalization measures and healthy infrastructure-led growth. Industry leaders, including UltraTech, Ambuja Cements, Shree […]
The successful conclusion of an Interim Trade Framework Agreement between India and the US will boost investor confidence, strengthen the foundation for capital flows and deepen market participation as India further integrates with the global economy – directly advancing the vision of Viksit Bharat, said Sundararaman Ramamurthy, MD and CEO of Bombay Stock Exchange (BSE).“The […]
After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, bringing in over Rs 8,100 crore of Indian equities, helped by improving risk sentiment and a trade deal with the US.The inflows follow sustained withdrawals in recent months, with FPIs withdrawing Rs 35,962 crore in […]
The combined market valuation of eight of the top 10 most valued companies rose by as much as Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest gainer, in line with a notable rally in equities.Last week, the benchmark BSE rose 2,857.46 points or 3.53 percent. Among the top 10, Reliance […]
