Indian sovereign bond yields eased on Friday. The Reserve Bank of India cancelled a 7-year bond auction. This action led to a nearly seven basis point drop in the benchmark 10-year sovereign bond yield. Traders believe the cancellation signals the central bank’s discomfort with higher yield bids. This development follows a period of rising yields...Read More

Sebi is pushing for broader banking and financial services indices, aiming to reduce the dominance of a few large banks. This move will cap individual stock weights at 20% and top three at 45%, potentially benefiting smaller and mid-sized banks. Investors and traders can expect shifts in portfolio rebalancing and new trading opportunities as the...Read More

India’s market regulator Sebi will proceed cautiously on restricting weekly futures and options expiries. Sebi chief Tuhin Kanta Pandey stated an outright shutdown is impractical. The regulator has already implemented measures to control speculative trading by retail investors. Further policy interventions will follow extensive data analysis and public consultation.Read More

Indian equity indices closed lower on Friday, extending weekly declines but logging strong monthly gains. Investor caution stemmed from the US Federal Reserve’s stance on interest rates and the US-India trade deal outcome. Analysts suggest current dips present buying opportunities ahead of potential rallies.Read More

Overseas funds injected ₹12,206 crore into Indian sovereign bonds in October, driven by a stable rupee and US Federal Reserve rate cuts. Foreign investors increased purchases on days of reported central bank currency intervention and after the Fed’s policy move, boosting local debt returns.Read More

United Spirits’ MD Praveen Someshwar said strong Q2 sales were driven by urban demand and premium brands, but warned of a challenging second half due to regulatory disruptions in Maharashtra and Andhra Pradesh, despite efforts to optimize its value chain.Read More

Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.Read More

The S&P 500 and the Nasdaq opened higher on Friday after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes suffered their sharpest drop in more than three weeks.Read More

Mortgage firm Aptus Value Housing Finance India on Friday reported a 24 per cent rise in net profit to Rs 227 crore for the second quarter ended September, supported by business growth.Read More

Patanjali Foods Ltd, which is mainly into edible oils, on Friday reported a 67 per cent increase in its consolidated net profit to Rs 516.69 crore for the second quarter of this financial year.Read More