Wall Street’s main indexes opened higher on Monday following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over renewed U.S.-China trade tensions.Read More

Bank of America has boosted its price targets for gold and silver. Gold is now projected to reach $5,000 per ounce by 2026. Silver’s target is set at $65 per ounce. These forecasts are supported by fiscal deficits and a push for lower interest rates. Silver has already seen significant gains this year, crossing the...Read More

HDFC AMC shares rose 2.5% to Rs 5,658 after the company announced its board will meet on October 15 to consider issuing bonus shares for the first time since its 2018 listing. The meeting will also review Q2 results.Read More

Rupee has remained unusually stable, leading traders to suspect the Reserve Bank of India is intervening to prevent further depreciation. The central bank has reportedly built significant short dollar positions to defend the currency, signaling a shift from its recent more flexible approach. This move aims to curb volatility and support domestic monetary policy.Read More

Kolkata’s housing market is showing strong stability, with an 8% year-on-year price increase driven by genuine buyer demand and a focus on quality. The office sector also saw significant growth, with rental values soaring 14% due to tight supply and consistent demand from IT and flex space providers.Read More

Eyewear retailer Lenskart and financial services firm Billionbrains are poised to raise a combined $1.7 billion through IPOs this month, bolstering India’s booming stock market. Lenskart targets $900 million, while Groww’s parent Billionbrains aims for $750 million, with listings expected by early November.Read More

Swiss bank Julius Baer is facing substantial credit losses. This follows financing for real estate projects connected to Germany’s now-insolvent Degag Group. The bank has filed claims for 48 million euros. This amount surpasses its 2023 profit in Germany. The situation is a setback for Julius Baer, which previously reported losses on loans to the...Read More

US-based Tryfacta Inc is planning to file draft papers for its initial public offering (IPO) by the end of this month to raise USD 100-150 million through a listing on the international exchanges at Gujarat International Finance Tec-City (GIFT City), according to people familiar with the development.Read More

HCL Tech Q2 results: HCL Technologies announced its Q2 financial results. The company’s net profit remained steady compared to last year. However, revenue from operations saw a significant increase of 11%. This performance met market expectations. The board also declared an interim dividend. Sequential growth in both profit and revenue was also reported.Read More

HCLTech announced an interim dividend of Rs 12 per share, its 91st consecutive payout, alongside steady Q2 FY26 revenue growth of 11% YoY. While net income remained flat year-on-year, operating profit rose to Rs 5,550 crore. The company highlighted strong execution and demand for AI solutions, with new deal wins exceeding $2.5 billion.Read More