Indian equities rose on Friday, with the Sensex and Nifty extending their Fed-driven rebound even as both ended the week lower. Metals and realty led gains, midcaps outperformed, and global sentiment improved after the U.S. rate cut. However, a weaker rupee, FII outflows, and tech-sector jitters capped enthusiasm.Read More
State-run insurance stocks rallied after the Union Cabinet approved 100% FDI in the insurance sector, triggering strong market optimism. New India Assurance led the gains, followed by GIC, LIC, and private insurers such as ICICI Prudential and SBI Life. The reform aims to attract foreign capital, streamline licensing, and introduce composite licences, forming a key...Read More
In a stunning development on Friday, the Indian rupee hit an all-time low, marking its second straight week of downturns. Investors are on edge, closely monitoring the uncertain trajectory of U.S.-India trade negotiations.Read More
ICICI Direct expects Nifty to hit 30,000 by 2026, backed by a Cup & Handle breakout, strong long-term support zones, and historical post-correction rallies. The brokerage sees banks leading the next leg and identifies nine top stock picks, citing favourable technical setups and a supportive macro backdrop.Read More
Maharashtra Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield is set to invest over USD 1 billion (around Rs 9,000 crore) to create a global capability centre (GCC) facility in the state.Read More
The Indian stock market is poised for a strong weekly close, with the Nifty nearing 26,000. Analysts anticipate a bullish trend continuing into December, driven by a potential breakout from a recent downward channel. The Nifty Metal Index is showing significant upside potential, with expectations of a 15-20% rise in the coming months.Read More
Silver has officially leapfrogged Microsoft to become the fifth-largest asset in the world by market capitalization, marking a historic moment for the precious metal.Read More
Indian Oil Corporation announced an interim dividend of Rs 5 per share for FY26, fixing 18 December 2026 as the record date. Shares rose intraday, backed by strong yearly returns and improved quarterly profits. The company continues to outperform benchmarks, supported by a consistent dividend history and stable operational performance.Read More
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