Latest Updates Around The World
Indian mutual funds are showing concentration in their investment strategy, with 50% of all equity inflows in calendar year 2025 so far having been deployed in just 19 stocks such as Eternal, Swiggy, SBI and Reliance Industries. Of the total Rs 2,67,500 crore that flowed into mutual funds in calendar year 2025, the concentration is […]
The Indian market ended higher on Thursday, in a session that saw the Sensex and Nifty record 52-week highs and move closer to their all-time highs, buoyed by optimism around an earnings rebound and renewed foreign inflows. Investor sentiment was further improved by expectations that strong holiday demand, recent tax cuts and policy support will […]
The Indian market continued its winning streak on Friday, supported by foreign inflows, declining US bond yields, a stronger rupee and festive optimism. The S&P BSE Sensex rose 484.53 points, or 0.58%, to 83,952.19, while the NSE Nifty 50 rose 124.55 points, or 0.49%, to 25,709.85. This is how analysts read the market pulse: The […]
The Indian market snapped a two-day losing streak on Wednesday, with the Sensex and Nifty advancing as risk appetite improved on growing expectations of a US Federal Reserve rate cut and optimism over an earnings recovery. The S&P BSE Sensex climbed 0.7%, or 575.45 points, to close at 82,605.43, while the NSE Nifty 50 added […]
Eternal, the parent company of food delivery platform Zomato, is expected to post strong revenue growth in the September quarter, although profitability may decline on a year-on-year basis due to the expansion of its high-speed commerce business and challenges in the core food delivery segment. Higher costs, passenger incentives and higher marketing spend are likely […]
The Indian market reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market debut for a […]
Indian benchmark indices Sensex and Nifty reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market […]
The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed inflows of foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the bullish sentiment, although Tata Consultancy Services (TCS) limited broader gains after reporting weaker-than-expected quarterly results in September. The S&P BSE […]
Indian benchmark indices Sensex and Nifty advanced on Thursday, led by gains in IT and metal stocks. Investors turned bullish on Tata Consultancy Services’ quarterly results, while a recovery in base metal prices added momentum to the rally. The S&P BSE Sensex rose 398.44 points, or 0.49%, to close at 82,172.10, and the NSE Nifty […]
International Makelaarskantoor HSBC has repeated its ‘Buy’ call to Eternal, which increases its target price to RS 390 per share of RS 340, with reference to clear scale and profitability leadership in both food delivery and fast trade, while a ‘hold’ and RS 430 are the Vooruitbang of the Vroormijdier and the Vroormijdier and the […]
