Zydus Lifesciences plans to raise Rs 5,000 crore via share sales. This move aims to reduce debt and boost future expansion. Funds will support R&D, international market growth, and new specialty product launches. The company reported strong profit and revenue growth in the second quarter.Read More
Apollo Hospitals Enterprise reported a strong Q2FY26 with a 26% YoY rise in profit after tax to Rs 477 crore, driven by broad-based growth across healthcare, diagnostics, and digital verticals. Consolidated revenue increased 13% to Rs 6,304 crore, supported by steady patient volumes and margin improvements.Read More
Nifty closed lower for the second consecutive day, impacted by selling in financials, metals, and realty stocks, and fell below the 21-EMA, signaling weakness. Analysts suggest a potential trend reversal if the index holds above 25,450, otherwise, further weakening is anticipated. Five stock recommendations for Friday include Astral, Dabur India, Varroc Engineering, Aarti Industries, and...Read More
Indian markets closed lower for a second consecutive session, with financial and metal stocks leading the decline. Investors paused after October’s rally, as profit booking and FII outflows overshadowed positive Asian markets and strong US data. Weak domestic PMI readings indicated softening sentiment, while IT stocks showed resilience.Read More
JM Financial reported a 16% increase in consolidated profit to Rs 270 crore for the September quarter of FY26, despite a drop in total income. The company also declared an interim dividend of Rs 1.50 per equity share.Read More
The Bank of England’s Monetary Policy Committee voted 5-4 to maintain the Bank Rate at 4.0%, citing a diminished risk of persistent high inflation. Despite the hold, a narrow vote and Governor Bailey’s cautious optimism suggest a potential rate cut in December, influenced by upcoming economic data and the government’s budget.Read More
Several Nifty500 stocks are trading at valuations far above their industry averages, signalling strong investor optimism or possible overvaluation. Companies like The India Cements, FACT, and Delhivery lead the list with exceptionally high P/E ratios, reflecting heightened growth expectations or market confidence relative to their sector peers.Read More
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