The Indian Rupee weakened by 12 paise to 87.95 against the US Dollar today. This dip is linked to rising crude oil prices. Optimism surrounding a potential US-China trade deal is boosting oil demand expectations. Meanwhile, domestic equity markets are showing gains. India’s forex reserves have also seen a significant increase.Read More

Lenskart is preparing for its IPO opening on 31 October 2025, aiming to raise Rs 7,278 crore through a mix of fresh issue and offer for sale. Backed by Radhakishan Damani and major global investors, the eyewear retailer’s strong financial turnaround and market positioning highlight robust demand and valuation optimism.Read More

Western sanctions on Russian oil have limited impact, as Moscow uses alternative routes and “dark fleet” networks to sustain exports. The measures raise costs and reshape global energy trade without halting flows.Read More

When the closing price rises above the VWAP, it means the stock closed higher than the average price at which it was traded during the day, with that average weighted by trading volume.Read More

Bitcoin jumped over 3% in the past 24 hours to trade at $115,171 on Monday, as traders set sights on the $120,000 level ahead of key U.S. CPI data. Positive sentiment from successful U.S.-China trade talks lifted the broader crypto market, with Ethereum up 6.77% and other major tokens rallying up to 11%.Read More

Mukesh Ambani is steering Reliance Industries towards artificial intelligence, investing $15 billion in a bold tech pivot. This strategic shift aims to transform the conglomerate into a deep-tech powerhouse, potentially valued at $30 billion. Reliance is building AI infrastructure and partnering with tech giants like Meta and Google, while also developing its own AI products.Read More

Nifty paused its six-day winning streak, with analysts suggesting potential near-term drift towards 25,400 before resuming an upside trajectory. While banking stocks show vulnerability, Oil & Gas counters, especially Reliance Industries, offer resilience. Further unwinding in derivatives is anticipated, with FIIs actively covering shorts.Read More

Indian banks are set to go global, says Manish Chokhani, Director of Enam Holdings. He urges investors to focus on long-term wealth creation and global thinking while balancing fear (gold, real estate) and hope (equities) trades. Chokhani predicts India’s next decade will be marked by global expansion, innovation, and entrepreneurial success.Read More

Retail investors are showing caution towards Indian auto stocks despite GST reforms boosting festive sales. While mutual funds are buying, individual investors are trimming holdings, mirroring some foreign investor sentiment. Analysts suggest concerns about demand sustainability post-festivals and high valuations are driving this divergence, though long-term structural benefits from GST remain.Read More

Kotak Mahindra Bank shares: The bank’s Q2FY26 standalone net profit fell 2.3% YoY to ₹3,253 crore, even as NII rose 4% to ₹7,311 crore. NIM stood at 4.54% with a 4.70% cost of funds, while operating profit increased 3% YoY to ₹5,268 crore.Read More