Latest Updates Around The World
FMCG giant Hindustan Unilever Ltd (HUL) is expected to post a subdued performance in the September quarter as the recent GST rate cuts and prolonged monsoon disrupted sales momentum even as weak underlying demand and destocking weighed on volumes. According to an average of six brokers, HUL’s revenue is likely to grow only 1% year-on-year, […]
The brilliance of silver ETFs is quickly fading. After a thrilling rally that sent domestic silver prices to record highs, the white metal’s shine has dulled. Silver ETFs have fallen nearly 19% since their October 15 peak as premiums relative to international prices evaporated. When markets reopen on Thursday evening after the Diwali break, investors […]
While the five-day Diwali festival begins with Dhanteras, the day holds immense significance for millions of Indians who consider this as the most auspicious time to buy gold and silver. Dhanteras is celebrated on the Trayodashi Tithi (13th day) of Krishna Paksha in the Hindu month of Kartik and is marked by prayers to Lord […]
Indian benchmark indices Nifty on Monday ended their two-session gains amid a sell-off in FMCG and IT stocks. The profit bookings at higher levels took place against the backdrop of weak global signals. Nilesh Jain, Head – Technical and Derivatives Research Analyst at Centrum Broking said Nifty managed to defend the 25,200-point mark despite today’s […]
After a year-long consolidation, Indian equities are poised to regain strength by the end of 2025, says Siddhartha Khemka, head of research (Wealth Management) at Motilal Oswal Financial Services. With valuations normalizing and earnings expected to rebound sharply after FY27, he believes the market is gearing up for the next rally. Edited excerpts from a […]
Shares of Tata Elxsi witnessed selling pressure and fell 3% to the day’s low of Rs 5,406 per share on the NSE on Friday after the design and technology services company reported a 32.5% decline in net profit to Rs 154.81 crore for the second quarter of FY26. However, sequential performance showed a 7.2% increase […]
LG Electronics India has collected RS 3,475 Crore from Anker investors prior to his IPO, which will be opened on October 7. The company has assigned approximately 3.04 crore shares on RS 1,140 each. The issue is completely an OFS of 10.18 crore shares with a size of RS 11,607 Crore. Among the tent funds […]
According to Motilal Oswal, the impact of the Reserve Bank of India’s (RBI) 50 Basic points (BPS) rate in June on the credit lock of banks will be fully reflected in Q2FY26, while the moderation of the costs of funds will take place with a delay | Photocredit: Bluestocking Banks are likely to report the […]
After a turbulent phase, the microfinance industry is now a gradual path to recovery, supported by operational reforms and structural shifts that promise to strengthen the Fundamentals of the sector in the long term. Although the road to standardization is slower than expected, industry experts believe that the worst credit cycle is lagging behind. Industry […]
Bajaj Housing Finance (BHFL), a subsidiary of Bajaj Finance, achieved strong growth in the quarter of September, with both payouts and assets in management (AUM) that register healthy double digits profits. The company paid approximately RS 15,900 crore in Q2 FY26, an increase of 32% compared to RS 12,014 Crore in the same quarter last […]
