Kaynes Technology’s sharp correction hasn’t deterred brokerages, which remain upbeat on long-term prospects, citing strong order visibility, improving working capital plans, major capex-led expansion and growth drivers across EV, smart meters, aerospace and OSAT segments despite near-term challenges.Read More
The pan-European STOXX 600 closed up 0.91% at 568.01. Major regional bourses also ended higher, with Germany’s DAX and France’s CAC up 1% and 0.8%, respectively.Read More
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq’s gains.Read More
According to a filing by Ronesans Gayrimenkul Yatirim on the Turkish stock exchange platform, 15 million shares were sold at a price of 140 lira per share. Upon completion of the transaction GIC’s stake will decline to 13.85% from 18.38%.Read More
Nykaa shares have surged nearly 76% from their March 2025 low and are now trading close to a 52-week high, reaching their strongest levels in over three years. The rally has lifted its market cap to about ₹77,200 crore.Read More
“Due to non-standardization of documents and different approaches followed by RTAs/listed companies, investors feel the pain of going for varied documentation for various listed companies,” Sebi noted.Read More
The Indian paint industry is experiencing a significant shift with surging demand and a new major competitor. While the newcomer initially employed aggressive tactics, its revenue has plateaued, prompting a move towards rational competition. Established players, particularly Asian Paints, are responding with increased advertising and dealer engagement, positioning them well for future growth.Read More
Saurabh Mukherjea says India’s consumption revival is already visible, with Q3 likely to deliver the strongest Nifty earnings in over two years. He argues the middle class needs another 100 bps of rate cuts and higher tax relief, funded by moderating capex. Mukherjea remains bullish on Trent and expects broader earnings to improve as consumption-led...Read More
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