Gold prices remain range-bound after a sharp correction, showing weak momentum amid global uncertainty and upcoming Fed policy cues. Technical indicators suggest resistance on rallies, with analysts recommending a cautious sell-on-rise strategy as downside risks persist in the near term.Read More
Shares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund future computing needs. Major investors and partners like Oracle, CoreWeave, and Arm Holdings saw their stock prices decline. The situation comes as OpenAI prepares for a potential IPO.Read More
The US Federal Reserve opened its two-day meeting on Tuesday with policymakers expected to keep interest rates steady, as the war on Iran’s effects on energy prices and supply chains ripple through the world’s largest economy.Read More
Karnataka Soaps and Detergents Limited reported strong growth with ₹507 crore profit and ₹2016 crore revenue, driven by expansion, product diversification, and efficient operations. The Mysore Sandal brand crossed the ₹2000 crore milestone, marking rapid scaling and improved profitability.Read More
Garden Reach Shipbuilders & Engineers reported strong Q4FY26 growth with net profit rising to ₹303 crore and revenue surging 29 percent. Higher EBITDA, improved margins, and record operational output supported performance, while the board recommended a final dividend for shareholders.Read More
Sebi on Tuesday extended the deadline by six months till October 27 for debenture trustees to comply with the mandate to segregate activities that fall outside the market watchdog’s regulatory ambit.Read More
Concerns that artificial intelligence could erode long-term U.S. corporate growth have renewed scrutiny over how heavily stock valuations rely on profits projected beyond the next decade, especially in software, Goldman Sachs analysts said.Read More
UltraTech Cement reported record quarterly profit and sales growth driven by efficiency gains from integrating India Cements and Kesoram Industries assets, improved margins, and higher realisations, while announcing a ₹240 per share payout and sustained capex-led expansion plans.Read More
Deepak Builders & Engineers approved a 1:10 stock split and raised authorised share capital to Rs 65 crore to enhance liquidity and accessibility. The move reflects efforts to strengthen its capital base and support future growth and investor participation.Read More
The Nasdaq Composite opened lower, lagging behind the S&P 500 and Dow, as investor confidence in the AI boom wavered. Concerns arose after OpenAI reportedly missed user and revenue targets, casting doubt on its ability to fund substantial data center expenditures. This news impacted technology stocks, leading to a significant drop in the Nasdaq.Read More
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