The Indian rupee saw gains on Friday. This is due to hopes of Federal Reserve rate cuts. Forward premiums reached levels not seen since May. The rupee had previously hit an all-time low. Pressure on the rupee continues due to tariffs and speculator demand. The Fed is expected to cut rates multiple times. Data supports...Read More
Waaree Energies’ shares experienced a slight dip on Friday after a significant three-day rally, yet remain up nearly 30% over the last three months. The renewable energy firm’s market capitalization briefly exceeded ₹1 lakh crore, prompting profit-booking. This pullback follows strong Q1 FY26 results, with net profit jumping 89.1% to ₹745.20 crore, driven by growth...Read More
The Trump administration has sought emergency court approval to fire Fed Board member Lisa Cook ahead of next week’s rate-setting meeting, following a lower court block.Read More
Gold futures edged higher and silver hit a record Rs 1,28,294/kg on Fed rate cut hopes. Traders eye U.S. inflation, job data, dollar index, and support-resistance levels for direction.Read More
Jefferies is optimistic about 25 companies across 11 sectors. The brokerage firm highlights potential growth in financials, automobiles, and metals. Infrastructure, energy, and real estate sectors also show promise. Pharma, FMCG, telecom, and aviation are among the favored sectors. Reliance Industries, HDFC Bank, and UltraTech Cement are key picks. The report suggests strong earnings growth...Read More
Infosys share price: Infosys has announced a significant Rs 18,000 crore share buyback at Rs 1,800 per share, a 19% premium, aiming to benefit its shareholders amidst market volatility. Analysts view this move as a strategic vote of confidence, with potential EPS growth and attractive dividend yields, despite modest revenue growth expectations and concerns about...Read More
Shringar House of Mangalsutra’s Rs 401 crore IPO is oversubscribed 8.24 times after Day 2 and enters its final bidding day, with strong demand from retail and non-institutional investors. The shares are trading at a grey market premium of around 17%, suggesting a potential listing near Rs 193.Read More
India Infrastructure Trust leads with a 17.78% yield, followed by PowerGrid Infra at 12.52% and PTC at 11.13%. Indus Infra Trust, India Grid Trust, and Cube Highways Trust also offer substantial returns. Akzo Nobel, Castrol, Brookfield Real Estate, and National Highways Infra complete the list of top dividend-yielding midcap stocks.Read More
When a stock closes above its VWAP, it indicates that the closing price is higher than the average price at which it traded throughout the day, weighted by trading volume.Read More
China Evergrande Group’s liquidators have received initial offers for its stake in Evergrande Property Services. Final bids are expected by November. Several parties have signed confidentiality agreements. Subsidiaries of state-owned China Overseas Holdings and China Resources Holdings are reportedly interested. Evergrande Services’ shares surged following the news.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.