ideaForge Technology’s shares dropped 5% after reporting a widened net loss of Rs 33.85 crore in the December quarter, despite a 79% revenue jump. Elevated material costs significantly compressed gross margins to 23.7%. The company, however, sees a strong order book and anticipates improving margins and profitability in the upcoming quarter.Read More

As the Union Budget FY27 nears, financial experts anticipate a careful balance between fiscal discipline and economic growth. Key expectations include sustained capital expenditure, particularly in infrastructure and defence, alongside conservative tax policies. Investors will closely watch measures aimed at boosting consumption, manufacturing, and exports, while the fiscal deficit remains a critical market indicator.Read More

Indian equities opened marginally higher on Friday, extending a modest recovery after a three-session decline. Gains in Asian markets and easing geopolitical tensions provided some support, but persistent foreign fund outflows and mixed corporate results maintained investor caution.Read More

For Mumbai and others, the lessons come after the US froze Russia’s foreign exchange reserves following its February 2022 invasion of Ukraine. India’s continued buying of Russian oil since became a point of contention with US President Donald Trump, contributing to high tariffs on the Asian nation.Read More

India’s housing cycle weakened in CY25 as affordability pressures and a shift toward luxury homes hit demand. Nuvama reports the sharpest quarterly sales drop since CY21, with volumes declining across major cities. Stable inventory kept prices firm, prompting caution on realty stocks and favouring annuity-led players like Prestige Estates.Read More

Budget 2026 approaches with discussions on reducing capital gains tax for equities. While some believe it could boost investor sentiment after a year of muted returns and foreign investor selling, market experts suggest it may only offer marginal help. Global factors and corporate earnings growth are seen as more significant drivers for a sustained stock...Read More

Aditya Birla Sun Life AMC shares rose sharply on Friday after a strong Q3 FY26 performance and fresh upgrades from Citi and Nuvama. The AMC posted a 20% YoY rise in net profit and steady revenue growth, prompting brokerages to highlight improving scheme performance and potential market-share recovery despite ongoing operational challenges.Read More

Hindustan Zinc shares surged to a new 52-week high. This rally is fueled by record silver prices and strong analyst upgrades. HSBC and IIFL Capital have recommended buying the stock, citing its robust financial performance and positive outlook. The company reported its highest-ever quarterly revenue and profit in Q3FY26. Future capex plans indicate a focus...Read More

The Indian Rupee saw a gain of 17 paise against the US Dollar today. This rise was driven by improved investor sentiment following a de-escalation of trade war fears. The Dollar corrected, allowing emerging market currencies like the Rupee to recover. However, persistent foreign fund outflows and global uncertainties continue to pressure the Rupee.Read More

Gold’s early-2026 rally is being driven by strong investor flows and portfolio reallocation, says ICICI Prudential AMC’s Chintan Haria. While the long-term case for gold remains intact due to low allocations and dollar concerns, he cautions that much of the positive news is priced in, implying slower gains and higher volatility ahead.Read More