Jaykay Enterprises surged 20% after subsidiary Allen Reinforced Plastics secured a Rs 94.45 crore order from BrahMos Aerospace for composite parts. The diversified group also advanced in healthcare with a CSIO technology transfer for 3D-printed orthopedic implants. Shares closed 14.5% higher, marking 100% gains in a year.Read More
Andrew Ferris, CEO of Ecognosis Advisory, criticised the Fed’s recent rate cut, warning it may fuel inflation without boosting jobs. He highlighted muted market reaction, ineffective labour impact, and incoherent US tariff policies discouraging investment.Read More
The U.S. Federal Reserve cut rates by 25 bps, sparking global debate. Chair Powell signaled a “less restrictive” stance, balancing weak labor data, inflation risks, and resilient growth. Analysts see potential easing, volatility, and opportunities in equities, including India and emerging markets.Read More
Sensex closed at 83,013, gaining 320 points on Thursday, as six BSE 200 stocks including Maruti Suzuki, Hyundai, Cummins India, Ashok Leyland, JSW Steel, and Eternal hit fresh 52-week highs, reflecting bullish market momentum and strong investor sentiment.Read More
Capital markets regulator Sebi found that allegations against Adani Group could not be established in the Hindenburg case. Hence, there is no question of devolvement of any liability on the group and also there is no penalty, the regulator said in an order.Read More
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