TVS Holdings’ board will meet on September 22 to consider issuing cumulative non-convertible redeemable preference shares (NCRPS) as a bonus, aiming at rewarding shareholders while optimizing capital structure without diluting equity control.Read More

Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve.Read More

The Indian rupee rose for the third straight session, closing at 88.05 per dollar, supported by a weaker dollar, stronger equities, and optimism ahead of the US Fed policy outcome.Read More

On Tuesday, the benchmark Sensex climbed by around 595 points to close at 82,380. Riding the wave of a broader market rally, six stocks from the BSE 200 index touched their 52-week highs. Eicher Motors, Maruti Suzuki India, and Hyundai Motor India led the gains, with strong price momentum seen across auto, industrial, and financial...Read More

LIC has raised its stake in Tech Mahindra to 10.84% despite a 10% YTD stock decline, signaling confidence in the IT major’s long-term growth potential amid weak global tech spending.Read More

Indian markets resumed gains on Tuesday led by auto, IT, and banking stocks, though Sensex and Nifty closed lower. Key movers included Redington, Godfrey Phillips, Nirman Agri, Anant Raj, Vodafone Idea, and JBM Auto.Read More

Markets regulator Sebi on Tuesday extended the deadline for the settlement scheme to October 16 for all stock brokers associated with certain algo platforms.Read More

Euro zone government bond yields edged up on Tuesday as investors stayed on the sidelines ahead of a Federal Reserve policy meeting, which could shape expectations for U.S. rates.Read More

HSBC has taken a positive stance on the cement sector, citing consolidation, pricing discipline, and moderating capacity additions. UltraTech Cement remains its top pick with a Buy rating, while Ambuja Cements has been upgraded to Buy on cost savings. Dalmia Bharat also retains a Buy, whereas ACC and Shree Cement stay on Hold due to...Read More

The Indian banking sector may be close to turning a corner, according to Pranav Gundlapalle, Senior Research Analyst at Sanford C Bernstein. After months of slower credit growth and margin pressure, he believes both growth and profitability could start improving from the second half of the current financial year.Read More