Shree Cement reported a significant 198% year-on-year surge in profit after tax for Q2 FY26, reaching Rs 277 crore. This growth was driven by higher volumes, premiumisation, and operational efficiency, with revenue also climbing 15% YoY. Brokerages offered mixed views, with Citi maintaining a ‘Buy’ and Goldman Sachs a ‘Neutral’ rating.Read More

The US Federal Reserve is expected to lower interest rates for the second consecutive meeting. This move aims to support the American economy and provide policymakers with more time. Analysts anticipate a quarter percentage-point cut. The Fed’s decision will also offer insights into its future monetary policy. Officials are closely monitoring employment trends while keeping...Read More

Aditya Sood of InCred Asset Management is bullish on India’s market, expecting financials and domestic manufacturing to lead wealth creation. He favors banks, consumer discretionary, and capital goods, while remaining cautious on IT and telecom. Gold’s rally is driven by central bank diversification and global policy shifts.Read More

In a surprising turn, TVS Motor Company shares took a hit even after robust quarterly earnings showcasing impressive profit and revenue growth. While Nomura sees a golden opportunity with a ‘Buy’ rating and a target price of Rs 3,970, thanks to promising new product launches and increasing export activities, Motilal Oswal echoes this sentiment, emphasizing...Read More

India’s IPO market is booming, with LG Electronics India’s $1.3 billion issue selling out in just 6.5 hours — the fastest in 17 years. Driven by strong domestic participation from mutual funds, insurers, and retail investors, India is nearing last year’s $21 billion record. However, sky-high valuations and massive oversubscriptions raise concerns of a market...Read More

Gold prices have dropped about ₹12,700, or 9.6%, from their record high of ₹1,32,294 per 10 grams on MCX, now trading near ₹1,19,605. The sharp correction has left investors debating whether it signals a deeper slump or a fresh buying opportunity.Read More

PSU bank stocks have surged by Rs 2.3 lakh crore in two months, with the Nifty PSU Bank Index climbing nearly 20%. This rally, driven by potential FDI limit increases and improving fundamentals, has reignited debate on Dalal Street about its sustainability. While some see continued upside, others caution about future headwinds.Read More

Indian stocks rose on Wednesday, tracking gains in other Asian markets, as investors awaited the U.S. Federal Reserve’s policy decision later in the day.Read More

Peyush Bansal, founder-CEO of Lenskart, is poised to become a billionaire if the eyewear retailer’s shares reach Rs 510 post-IPO. He is set to receive Rs 824 crore by selling shares, retaining an 8.78% stake. Lenskart’s IPO, valued at Rs 70,000 crore, opens October 31 to November 4.Read More

Japan’s Nikkei stock market reached a historic peak today. Investors were buoyed by strong performances on Wall Street. Optimism surrounding artificial intelligence investments fueled the rally. Key Japanese tech firms saw significant gains. However, a stronger yen presented a challenge for some companies. The market saw more stocks decline than advance.Read More