Latest Updates Around The World
ET Intelligence Group: Omnitech Engineering, a manufacturer of high-precision manufactured components, plans to raise `418 crore through a fresh issue to fund new facilities and repay debt. It will also raise `165 crore through a sale offer. The promoter group’s stake will drop from 94.1% to 74.2% after the IPO. The company has a loyal […]
The Indian market ended modestly lower on Monday, ending a two-session advance as weakness in auto and financial stocks continued. Sentiment remained vulnerable due to continued foreign outflows, uncertainty over a US-India trade deal and positioning ahead of the potential fallout from Mexico’s sweeping new tariff regime, as the rupee fell to a record low.The […]
The Indian market closed lower on Monday, with the Sensex and Nifty witnessing an intraday decline of up to 1%, as investors locked in gains from small and midcap stocks and widened their selling into major blue chips. Continued withdrawals from foreign funds and a cautious mood ahead of the Federal Reserve’s midweek policy decision […]
The Indian market ended higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks – which are typically sensitive to interest rate moves – led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, […]
The stock markets closed on a decline as Nifty indices failed to survive above the key threshold of 26,000. Investor sentiment remained cautious, anticipating the risk of major events such as delays in the finalization of the US-India interim trade deal.The Sensex ended the session down 331 points or 0.39% at 84,900.71, and the Nifty […]
Goldman Sachs has turned bullish on India’s defense manufacturing sector, naming PTC Industries, Bharat Electronics and Solar Industries among its top picks, after the Defense Acquisition Council (DAC) this week approved proposals worth Rs 790 billion, a move that the brokerage said underlines its belief in an increasing total addressable market (TAM) for domestic defense […]
Kotak Mahindra Bank published her preliminary financial figures for the second quarter ending on September 30 and reported a growth on an annual basis (yej) of 14.4% in average total deposits, which were 5.10.138 crore on RS. The bank has also placed a growth of 14.6% JoJ in its average net advances. In the same […]
Foreign Institutional Investors (FIIs) received a stunning RS 1.98.103 Crore from Indian shares in 2025, with September only witnessing the outflows of RS 27.163 Crore by exchanges. This sales streak continues a wider trend that has been around for almost two years, which has been concerned about the sustainability of foreign capital in Indian stock […]
David Solomon, chairman and CEO of Goldman Sachs, has warned investors about the potential for a stock market market collection within the next 12 to 24 months. Solomon spoke at the Italian tech week in Turin, Italy and pointed out that markets often move in cycles, and an important correction could follow the extensive bullrun […]
