India has signed a landmark free trade agreement with the European Union, dubbed the “mother of all deals” by Prime Minister Narendra Modi, sparking a mixed market reaction. Textile stocks jumped up to 12% on export optimism, while automakers fell over 4% on fears of stiffer competition.Read More
Vedanta will sell up to 1.59% stake in Hindustan Zinc via an OFS, cashing in on the subsidiary’s sharp rally. HZL shares have jumped 66% in six months amid soaring metal and silver prices, pushing its valuation to Rs 3.2 lakh crore and prompting Vedanta to monetise part of its holding.Read More
The Indian rupee firmed slightly on Tuesday, helped along by a broadly weaker dollar and the boost from a landmark trade agreement between India and the European Union, which is expected to cut tariffs on nearly all Indian exports.Read More
Britain will cap ground rents at 250 pounds ($342) a year in an overhaul of its antiquated property system, Prime Minister Keir Starmer said on Tuesday, adding it would ease financial strain on millions of households.Read More
Mahindra & Mahindra shares fell over 4%, erasing Rs 18,000 crore in value, as investors worried about tariff cuts for European cars under the India-EU trade deal. But analysts say the calibrated quota, mass-market exclusions, and phased EV access limit the competitive threat to Mahindra’s core SUV business.Read More
The US Dollar has remained weak against the Pound Sterling and Euro, although it has shown some selective strength against the Japanese Yen. Against the Chinese Yuan, the depreciation has been more pronounced, signalling continued pressure in the Asian currency complex.Read More
Raymond Real Estate Ltd on Tuesday reported a sharp jump in its consolidated net profit to Rs 66.79 crore for the third quarter of this fiscal.Read More
Gold prices have surged to record highs, with weekly RSI at 86 highlighting strong momentum. Technical indicators suggest a bullish trend intact, though short-term consolidation is possible. Experts recommend buying on dips, citing strong support levels and sustained upside potential.Read More
India’s benchmark indices closed higher as the India-EU “mother of all deals” lifted sentiment. Sensex gained 320 points to 81,857, Nifty50 rose 127 points to 25,175. Gold surged near record highs, crude eased, and the rupee strengthened to 91.72 per dollar amid positive trade cues and global market optimism.Read More
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