Markets traded within a relatively narrower range all week, with a clear negative bias, and ended lower. After opening at the upper end of the range, Nifty attempted an early push towards 26,009 but failed to sustain the move and gradually drifted lower. Selling pressure increased towards the second half, dragging the index to a […]
The past few days have brought more action than many months combined: a Union Budget, a major deal between India and the US, sharp swings in gold and silver, and turbulence in the stock market. The question to ask is whether investors should follow every development or simply ignore the noise.Market veteran Madhusudan Kela, with […]
Disclosure: Our goal is to provide products and services that we think you will find interesting and useful. If you purchase them, Entrepreneur may receive a small share of the revenue from sales from our retail partners. The stock market has never been more accessible or felt so overwhelming. Between the non-stop headlines, wild price […]
Indian equity markets have passed their worst phase and are poised to become relative outperformers in 2026, said Sandeep Tandon, Chief Investment Officer at Quant Mutual Fund. In an exclusive conversation with ET Now, Tandon highlighted that the extreme negativity has subsided, foreign selling has been exhausted and the rupee depreciation cycle has peaked, creating […]
A national shareholder rights law firm has launched an investigation PennyMac Financial Services Inc. about possible violations of federal securities laws. Glancy Prongay Wolke & Rotter LLPwhich represents investors and consumers in securities litigation, said the investigation follows PennyMac’s Jan. 29 release of fourth-quarter and full-year 2025 results, which showed revenue of $538 million and […]
State-owned Bank of Baroda on Friday reported a 4.39 percent rise in consolidated net profit for the December quarter to Rs 5,443 crore, helped by lower provisions as compression in net interest margin curbed core income growth.On a standalone basis, net profit grew to Rs 5,055 crore from Rs 4,837 crore in the same period […]
The cable and wireless company, which also owns the baseball team, said it had profit attributable to shareholders for the quarter ended Dec. 31 of $743 million, or $1.37 per diluted share. The result was an increase from a profit of $558 million or $1.02 per diluted share in the last three months of 2024. […]
Benchmark indices pared most of their early losses to trade marginally lower on Thursday afternoon, with the Sensex down 195.10 points or 0.24 per cent to 82,149.58 and the Nifty down 54.30 points or 0.21 per cent to 25,288.45 as of 12:30 pm. The indices opened flat, with the Sensex at 82,368.96 against the previous […]
New-age logistics company Shadowfax Technologies has raised around Rs 850 crore from major investors ahead of its initial public offering (IPO), which opens for subscription on January 20, according to sources familiar with the matter.Domestic institutional investors are believed to have captured a large share of the anchor book, with strong participation from mutual funds […]
Based on the result, the retailer behind the Garage and Dynamite banners now expects comparable sales growth for the 2025 financial year to be between 26.5% and 27.0%. The new guidance for the year ending January 31, compared with previous expectations, was between 25.5% and 27.5%. Groupe Dynamite also raised the lower end of its […]