Reliance Industries saw a 14% profit jump in the September quarter. Strong 5G growth, a recovering oil-to-chemicals business, and expanding retail operations fueled this success. The company is also investing significantly in new energy initiatives and artificial intelligence. Jio Platforms added more subscribers, and Reliance Retail saw robust sales growth. Analysts have slightly improved their...Read More
RBL Bank anticipates its $3 billion share purchase deal with Emirates NBD to conclude within 5-8 months, with the full infusion expected this fiscal year. This landmark foreign direct investment will see Emirates NBD acquire a majority stake, bolstering RBL Bank’s balance sheet and growth across various segments.Read More
Indian stock markets delivered modest returns in Samvat 2081. The market faced volatility due to faltering earnings and foreign outflows. However, domestic buying showed resilience. Entering Samvat 2082, sentiment is expected to improve. Policy reforms and RBI liquidity infusion are anticipated. Earnings are projected to grow. A stock-specific strategy is advised for potential gains in...Read More
Global economic outlook hangs in the balance. Finance chiefs await a potential meeting between US President Donald Trump and Chinese President Xi Jinping. Talks were dominated by trade spats and geopolitical distrust. Policymakers expressed relief that US tariffs had not caused a deeper slowdown. They also voiced dread about future risks. The meeting is crucial...Read More
The government is upgrading its portal to quickly return unclaimed shares and dividends to investors. This new system will use artificial intelligence and data analytics. The aim is to settle claims in just 15 days. Investors will also be able to use a mobile app to track their claims. This initiative will streamline the process...Read More
Nine Nifty500 stocks, including Aditya Birla Real Estate, Gravita India, and Suzlon Energy, show analyst-backed upside potential of 35–75%, reflecting bullish sentiment and strong earnings outlook.Read More
The Indian market extended its winning streak on Friday, supported by foreign inflows, easing U.S. bond yields, a stronger rupee, and festive optimism.Read More
Gold and silver prices eased from record highs ahead of Diwali, with 24-karat gold at Rs 1,30,860 per 10 gm and silver at Rs 1,70,000 per kg, amid festive Dhanteras demand.Read More
India’s top companies saw a significant market valuation jump last week. Reliance Industries and Bharti Airtel led the surge, adding over Rs 2 lakh crore collectively. Seven of the top ten firms experienced growth. This optimistic trend reflects the positive movement in the equity markets. Investors witnessed substantial gains across several major corporations.Read More
There’s been some confusion among investors this year about the exact Diwali date — October 20 or 21. But for traders, one thing is certain. Both the NSE and BSE will remain closed on October 21 for Diwali Lakshmi Puja, and again on October 22 for Balipratipada.Read More
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