Refex Industries shares plummeted 20% after the Income Tax Department launched search operations at its registered office and group locations. The company stated its operations are unaffected and it’s cooperating fully. This news follows recent order wins and steady September-quarter earnings, despite the stock’s significant year-to-date decline.Read More
Market expert Sandip Sabharwal offers a cautious outlook on various asset classes, advising investors to be selective in capital markets and real estate. He warns against chasing parabolic rallies in silver and expresses skepticism about steel, while finding selective optimism in new-age stocks like Nykaa. Sabharwal anticipates broader market momentum to improve in 2026.Read More
Broadcom shares dropped 4.7% in Frankfurt on Friday a day after the company projected first-quarter revenue above Wall Street estimates, but said margins would fall due to a higher mix of AI revenue.Read More
The head of India’s markets regulator said on Friday the agency is grappling with privacy concerns as it weighs a panel’s proposal requiring senior officers, including the chairperson, to disclose their financial assets and liabilities.Read More
Bitcoin and Ethereum are showing positive momentum, with Bitcoin nearing $92,300 and Ethereum at $3,242, buoyed by recovering risk appetite and regional equities. Spot ETF activity suggests institutional demand is stabilizing. Analysts anticipate Bitcoin could target $100,000 with a close above $94,140, while Ethereum eyes a breakout above $3,350.Read More
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