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October witnessed a remarkable 19.6% rise in credit card expenditures in India, thanks to the surge in online shopping activities and festive buying sprees. Conversely, the influx of new credit card sign-ups has significantly tapered off.
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Shares of the company rose more than 5% to hit a record high of $315.9, giving it a market capitalization of $3.82 trillion. The stock has climbed nearly 70% so far this year, far outperforming AI rivals Microsoft and Amazon.com.Nvidia, Microsoft and Apple have previously hit a $4 trillion valuation. Only Nvidia and Apple remain on th
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BNP Paribas acquired a Rs 392 crore stake in Container Corporation of India (CONCOR) on Monday through a bulk deal, purchasing 72.18 lakh shares via its affiliate. Despite CONCOR’s recent market underperformance and trading below key moving averages, the company reported a modest 3.6% net profit growth in the September quarter.
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Nifty extended its decline below key averages, signalling short-term weakness as broad market selling persisted. Analysts advised caution while recommending select bullish setups in Jyoti CNC, AB Capital, Eicher Motor, Safari Industries and Gravita India for potential upside.
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Equity benchmarks ended lower as Nifty fell below 26,000 amid caution over delays in the US-India trade deal. Analysts expect consolidation with key support near 25,600–25,800 and advise selective buying while broader market sentiment stays bearish
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