Latest Updates Around The World
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
Domestic institutional investors increasingly have the upper hand in India’s benchmark index, with their holdings in the Nifty-50 rising to a record 24.8% in December 2025, a historic shift that puts local money ahead of foreign investors. This milestone comes amid relentless FII sales of over Rs 1.6 lakh crore by 2025, highlighting a steady […]
Shares of food delivery and express delivery company Eternal rose as much as 9.3% to hit an intraday high of Rs 298.50 on the BSE on Tuesday after global broker Jefferies added the stock to its Indian model portfolio, replacing Godrej Consumer Products.Jefferies described Eternal as an “FPI favorite”, citing strong growth and steady margin […]
Benchmark indices Nifty and Sensex rose 4.7% and 4.4% respectively, in one of the biggest single-day gains after India and the US announced a long-awaited trade deal, easing concerns over tariffs that have weighed on Indian markets for months. The benchmark BSE Sensex rose nearly 3,500 points, or 4.4%, to 85,323 in early trade, while […]
Indian shares swung between gains and losses in a special trading session ahead of the federal budget on Sunday as investors turned cautious ahead of the government’s budget presentation. Market participants are looking for signals of increased government spending to support growth and measures to support export-oriented industries under pressure from US tariffs.After opening in […]
Amid ongoing volatility and market-wide corrections, investors are grappling with the dilemma of where to allocate their capital: large caps, or the more volatile mid- and small-caps.Gurmeet Chadha, Managing Partner and Chief Investment Officer at Complete Circle Consultants, shared his views on Chadha recently shared his views on market valuations and investment strategies, highlighting that […]
ET Intelligence Group: Online delivery company Eternal lost nearly 9% in just two trading sessions after its December quarter results, despite gains in its key business units. The stock’s decline reflects investor concerns about the company’s ability to maintain its operating performance in the face of escalating competition. This could force Eternal, which also operates […]
Billionaire Eternal founder Deepinder Goyal is set to lose over Rs 1,000 crore in unvested employee stock options (ESOPs) as he steps down from the role of Group CEO. He is returning 3.3 crore shares to the corporate pool. Analysts call this an extraordinary corporate governance gesture that could eliminate the need for shareholder dilution […]
Eternal, which operates food delivery platform Zomato and quick-service business Blinkit, on Wednesday reported a 73% year-on-year (year-on-year) increase in consolidated net profit to Rs 102 crore. Operating revenues rose 201% year-on-year to Rs 16,315 crore.The company has informed the stock exchanges that Deepinder Goyal has resigned as Managing Director and Chief Executive Officer with […]
Shares of Eternal, formerly Zomato, rose as much as 6.2% to their day’s high of Rs 287 on the BSE on Wednesday, ahead of third-quarter results scheduled later today. The stock was the biggest gainer on the 50-share Nifty in the afternoon. Eternal is expected to show strong overall growth in the December quarter, largely […]
