Day

September 22, 2025
Gold prices surged Rs 2,200 to hit a fresh peak of Rs 1,16,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction.
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Despite Sensex falling 466 points to 82,159 on Monday, nine BSE 200 stocks, including Adani Power, Muthoot Finance, Polycab India, and JSW Steel, surged to fresh 52-week highs, signaling bullish momentum and investor optimism.
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TCS will announce Q2 results and consider a second interim dividend on October 9, with October 15 as record date. Shares slipped 3% amid Trump’s $100,000 H-1B visa fee shock, pressuring IT stocks.
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Wall Street’s main indexes opened lower on Monday after rallying to record highs in the previous session, while uncertainty around President Donald Trump’s visa policies also dimmed sentiment.
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The US Fed’s first 25 bps rate cut of 2025 signals the start of an easing cycle, though modest in impact. Experts see limited near-term FPI inflows, muted market reactions, and sector-specific gains in IT, pharma, defensives, and housing. Investors are advised to adopt a selective, buy-on-dips strategy.
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Warren Buffett’s Berkshire Hathaway has fully exited its 17-year investment in Chinese EV giant BYD, a $230 million bet by Charlie Munger that grew nearly 3,890%, once worth $9 billion. Berkshire cited shifting priorities and geopolitical concerns.
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The company’s year-on-year revenue from non-payment services surged as it continues diversifying offerings ahead of a reported public listing.
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Pace Digitek’s upcoming IPO, priced at Rs 208–219 per share, will raise Rs 819 crore to fund capital expenditure and corporate needs. The multi-sector company operates in telecom, energy, and ICT, with Bengaluru manufacturing units. FY25 profit rose 21%, supported by strong operations and diverse solutions across industries.
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Indian benchmark indices ended in the red for the second consecutive day amid high volatility, with IT stocks being the primary reason for today’s lackluster performance.
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NBCC (India) Ltd. and HUDCO have entered into an initial agreement to develop projects valued at Rs 117 crore across multiple locations. NBCC will undertake the development of a commercial complex in Kaushambi, redevelop a land parcel in Panchkula, construct new blocks in Ahmedabad, and reconstruct residential flats in New Delhi.
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