The Indian rupee edged slightly higher on Thursday, thanks to robust local share inflows and state banks’ dollar sales that supported the currency’s performance. While importers were actively engaged in purchasing dollars for hedging, their demand was effectively managed.Read More

New GST rate cuts will boost organized apparel retailers. Festive and wedding seasons are driving consumer spending. Easing food prices and softer inflation also improve sentiment. This should add 200 basis points to revenue growth. Larger brands will capture demand faster. Smaller retailers will also benefit, drawing consumers from the unorganized sector. Growth is expected...Read More

Dr Reddy’s Laboratories is expected to post steady September-quarter earnings with 10–14% revenue growth led by India and Europe, though US pricing pressure and weaker product mix may compress margins. Brokerages project up to 18% YoY profit growth.Read More

Vodafone Idea shares surged 6.5% to ₹9.01, extending a three-day rally amid optimism over its indigenous 4G-5G rollout and anticipation ahead of the Supreme Court’s AGR case hearing on October 27.Read More

WazirX is set to resume operations on October 24, offering 0% trading fees on select crypto pairs, including USDT/INR. The exchange has partnered with BitGo for insured custody, strengthening asset protection, regulatory compliance, and preparing for token distributions to creditors as part of its restructuring.Read More

European shares edged higher on Thursday as a wave of positive corporate earnings boosted sentiment, while investors awaited trade developments between the United States and China.Read More

Nokia reported third-quarter profit which was ahead of market expectations on Thursday, driven by strong optical and cloud demand, including AI-focused data centre sales following its Infinera acquisitionRead More

Japan’s stock market is showing early signs of overheating, the central bank said on Thursday, warning of the risk that uncertainty over U.S. trade policy could cause sharp corrections and hit financial institutions.Read More

Public sector banks are set for a strong run. Investors are moving away from private lenders. Attractive valuations and improved asset quality are drawing attention. Upcoming earnings are expected to boost sentiment. Rate cuts and consumption themes will lead the market upswing. Defence stocks are overpriced. Domestic liquor companies are well-positioned. Urban Company is a...Read More

Indian markets are nearing record highs. Traders anticipate a US trade deal as the next market trigger. Rahul Sharma suggests a potential shift from largecaps to midcaps after the deal. Midcap indices show strong technical patterns. GMR Airports and KFin Technologies are highlighted as midcap opportunities. The IT sector is also showing short-term strength driven...Read More