The rupee depreciated by 9 paise to 88.77 against the US dollar, influenced by a strong dollar globally and foreign fund outflows. Despite optimism around India-US trade talks, the Reserve Bank of India is monitoring the USDINR pair’s movement towards 88.80. Domestic equity markets, however, saw a rebound.Read More
RBL Bank shares surged over 3% following news that Emirates NBD is negotiating a ₹15,000 crore investment, potentially becoming the majority shareholder with a 51% stake. The infusion will recapitalise the bank. Despite a 46% year-on-year profit drop in Q1 FY26, shares have rallied 87% year-to-date amid strong market optimism.Read More
Interise Trust is set to raise 20.75 billion rupees via two bond series. These bonds will mature in 19 years, five months, and 15 days. Coupons will be 6.96% and 7.3014%, paid quarterly. Staggered redemption begins December 31, 2025. One issue has a three-year call option, the other a ten-year call option. Commitment bids are...Read More
The RBI’s pilot to tokenise certificates of deposit using wholesale CBDC rails could redefine India’s financial landscape. Beyond improving settlement efficiency, it lays the groundwork for regulated digital assets, bridging traditional finance with blockchain innovation and shaping India’s approach to crypto under a compliant, trust-driven framework.Read More
Signature Global Ltd. witnessed a 28% dip in sales bookings to Rs 2,010 crore during Q2 FY26, attributed to reduced housing unit supply. Despite a 21% decline in the first half of FY26, the company remains optimistic about achieving its Rs 12,500 crore annual sales target, citing a strong launch pipeline and disciplined financial management.Read More
Crypto markets experienced a massive liquidation event last Friday. Investors are now preparing for further price drops in Bitcoin and Ether. Options trading shows a clear demand for protection against potential declines. This follows a significant plunge triggered by geopolitical news. Despite the recent turmoil, some analysts believe the market has reset leverage. Bitcoin faces...Read More
Market experts shared their top stock picks for Diwali, spanning PSU banks, energy majors, defence, and new-age platforms. Recommendations include JSW Energy, PSU banks, OMCs, Shipping Corporation of India, Bharat Electronics, SBI, Mahindra & Mahindra, Chola Finance, Azad Engineering, and PayTM, highlighting strong technicals and fundamentals for potential market momentum.Read More
Indian states plan to raise a combined 128 billion rupees through bond sales on Tuesday, with maturities ranging from four to 30 years. Traders anticipate the Reserve Bank of India will set cutoff yields for 8-9 year bonds within the 7.12%-7.17% range, reflecting market expectations for borrowing costs.Read More
LG Electronics India shares: LG Electronics India’s IPO debuted with a significant 50.4% premium, marking a strong start. This listing follows a trend of mixed performances for large Indian IPOs. Despite some past mega IPOs struggling, LG’s debut highlights investor confidence. The company’s brand strength and financial performance are key drivers. Analysts see continued growth...Read More
As Diwali approaches, brokerages have identified 15 smallcap stocks poised for significant growth, with potential upsides reaching up to 120%. Analysts anticipate strong returns driven by improving domestic demand, manufacturing policy support, and a favorable interest rate outlook. Key picks include Hindustan Construction Company, Fiem Industries, and Shakti Pumps.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.