The dollar held steady near recent highs as riskier assets rebounded, while sterling remained subdued ahead of a Bank of England meeting. Investors anticipate a dovish tone from the BoE, with a rate cut expected early next year. The Australian and New Zealand dollars saw gains, tracking a recovery in stock markets, despite rising U.S. yields.Read More
Suzlon Energy posted a 538% YoY jump in Q2FY26 profit to Rs 1,279 crore, its best in 30 years. Despite strong earnings, Motilal Oswal and Nuvama cut target prices citing valuation resets and moderated long-term growth expectations.Read More
Grasim Industries shares: The company reported a 76% year-on-year rise in consolidated net profit for Q2 FY26 to ₹553.48 crore, up from ₹314.63 crore a year earlier.Read More
In an encouraging shift on Thursday, the Indian Rupee gained 8 paise versus the US Dollar, finishing the day at 88.62. This ascent was partly fueled by a softer dollar and lower crude oil rates, alongside supportive sentiment from strong domestic equity performances. However, the influence of foreign investor sell-offs tempered what could have been a more significant increase.Read More
Indian stocks surged on Thursday, led by strong quarterly results from Sun Pharma and Britannia. The inclusion of four Indian firms in the MSCI index further boosted sentiment, with major indices seeing gains. While broader markets remained flat, specific stocks like Paytm also experienced significant upward movement, attracting foreign investment interest.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.