Latest Updates Around The World
Reliance Industries Ltd. is off to a poor start to the year, with shares down more than 6%, as investors digest weak retail prospects and harsher US rhetoric over Russian oil purchases in India, putting the burden on coming earnings to stem the decline.The sell-off so far this year has wiped around $15 billion from […]
LONDON/MUMBAI/HONG KONG: Reliance Jio Platforms is considering an initial public offering this year that would see 2.5% of the company floated, a move that could make it the country’s biggest ever IPO, valued at more than $4 billion.The company, led by Mukesh Ambani, is the parent company of India’s largest telecom operator Reliance Jio, with […]
Goldman Sachs has raised its 12-month price target for Reliance Industries to Rs 1,835 per share, implying an upside of around 25% from current levels, just a week ahead of the company’s December (Q3FY26) earnings results. The brokerage has reiterated its buy rating, arguing that near-term moderation in retail will be offset by better refinement […]
The NSE said on Thursday it is in talks with the Indian Gas Exchange to develop and launch an Indian Natural Gas Futures contract, a move that could go a long way in deepening India’s energy and commodity derivatives markets.In a statement, NSE said the talks are aimed at a strategic partnership aimed at building […]
Indian equity benchmarks witnessed mild selling pressure after hitting record highs earlier this week, but the broader trend remains constructive, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said the Nifty’s recent decline is an ‘ongoing correction’ rather than a trend reversal. Despite falling over 200 […]
As 2025 draws to a close, many investors are looking back on a challenging year for portfolios. For example, Indian markets rank in the bottom 10% of global market performance, raising questions about missed opportunities in gold, silver and foreign equities. But according to market veteran Devina Mehra, this ‘fear of missing out’ (FOMO) is […]
Copper prices witnessed a sharp retrace on Wednesday after a strong rally in recent weeks. On the Multi Commodity Exchange (MCX), copper futures due January 30, 2026 were trading at Rs 1,298.95, down Rs 38.40 or 2.87% intraday.Earlier in the day, prices fell to a low of Rs 1,261, down 5.7% from Tuesday’s close. Despite […]
Capital market regulator Sebi has revoked the registration of a licensed research analyst after an investigation found serious deficiencies that allowed his credentials to be misused by an unregistered consultancy firm, exposing investors to losses and misleading claims of guaranteed returns.In an order dated December 12, Sebi canceled the registration certificate of Purooskhan, a Sebi-registered […]
Global investment firm KKR and its affiliated Korean asset manager Kreate Asset Management said on Tuesday they have bought the Cheongna Logistics Center, in what they called South Korea’s largest single-asset logistics deal.The companies did not disclose the financial terms of the transaction. One person with knowledge of the matter said the deal would value […]
Copper prices rose to new record highs in late 2025, supported by a confluence of macroeconomic tailwinds, supply and structural demand disruptions from electrification and AI-connected infrastructure.Benchmark LME three-month copper contracts repeatedly tested the $12,000 per tonne level, while Indian copper futures rose above Rs 1,240/kg. The January 30, 2026 futures contract was trading at […]
