In a dramatic reversal that caught bullish traders off guard, MCX Silver March Futures plunged 8% or Rs 21,000 per kg on Monday, crashing from an unprecedented peak of Rs 254,174/kg to Rs 233,120/kg after a non-stop rally that pushed the white metal to never-before-seen levels.The carnage followed silver’s historic breach of the $80 per […]
India’s food and high-speed trading ecosystem is entering a decisive phase, marked by new entrants, deep-pocketed incumbents and increasing investor scrutiny of profitability. Even as a new player filed its draft Red Herring Prospectus (DRHP) this weekend, the sector remains flush with capital, with existing players sitting on nearly ₹40,000 crore of cash. While fundraising […]
MCX Silver March futures crashed by Rs 21,000 per kg during the afternoon session to an intraday low of Rs 2,33,120 within just an hour as traders booked gains after geopolitical tailwinds subsided. The cooldown in safe haven demand came after prices rose to a record high of Rs 2,54,174 earlier in the day.On the […]
After raising over Rs 1.7 lakh crore in 2025, the Indian IPO market is heading for a quiet final week of the year, characterized more by listings than new fundraising. Only one IPO – Modern Diagnostic and Research Center – will open for registration next week.Modern Diagnostic and Research Center will open its Rs 37 […]
India’s primary market looks set to have another busy year in 2026, with a crowded pipeline of large and high-profile companies preparing to tap the stock market. Around 84 companies have already received approval from regulator Sebi to raise around Rs 1.14 lakh crore through IPOs. Another 108 companies are still awaiting regulatory approvals and […]
Dalal Street’s benchmark BSE Sensex has delivered one of the most spectacular wealth creation stories in modern financial history, rising from a modest 549 points at its launch in January 1986 to a lifetime peak of 86,159 this month, when the company turns 40 on New Year’s Day. The stunning 15,594% return has transformed what […]
Indian stocks are expected to outperform in 2026 after a subdued year, supported by an earnings recovery, improving domestic consumption and a more stable macroeconomic environment, Kotak Institutional Equities said, as it added Dixon Technologies to its model portfolio and increased its weight in InterGlobe Aviation, the operator of IndiGo.The brokerage said the 2025 calendar […]
The Indian rupee, which had fallen dangerously close to $91.1 after five consecutive sessions of losses, made a sharp turnaround on Wednesday after decisive intervention by the Reserve Bank of India. This halted a one-way decline and gave the currency its strongest daily gain in two months.The rupee closed at 90.38 per US dollar, up […]
Life Insurance Corporation of India (LIC) has invested the maximum amount of Rs 88,404 crore in Tata Group, followed by an infusion of Rs 80,843 crore in HDFC Bank and Rs 60,065.56 crore in Reliance Group, Parliament was informed on Tuesday.Adani Group attracted an investment of Rs 47,633.78 crore while SBI attracted Rs 46,621.76 crore […]
The S&P 500 and the Dow Jones hit record highs on Thursday as investors favored financial stocks after a Federal Reserve policy update that was less aggressive than expected, while the tech-heavy Nasdaq Composite underperformed as Oracle’s financial update made investors wary of bets on artificial intelligence. Shares of Oracle tumbled after the company’s quarterly […]