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Eternal (formerly Zomato) shares fell nearly 4% after Q2 results showed a sharp drop in profit. In a shareholder letter, CEO Deepinder Goyal highlighted gradual growth recovery, strong quick commerce expansion, improved margins, and continued investments in Blinkit, Hyperpure, and District despite weak discretionary demand.
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The Indian rupee reached a one-month peak on Thursday. Strong intervention by the Reserve Bank of India in the previous session boosted the currency. Emerging optimism surrounding U.S.-India trade negotiations also supported the rupee’s upward movement. This intervention has sent a clear message to the market. Traders anticipate further gains if trade talks yield positive...
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Infosys has announced an interim dividend of Rs 23 per equity share. The record date for this dividend is October 27, 2025. Shareholders can expect the payout on November 7, 2025. This announcement coincides with Infosys’s Q2 earnings report. The company reported a 13% year-on-year growth in net profit. Revenue from operations also saw a...
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As the markets gear up for the festive season and investors prepare to welcome Samvat 2082, the buzz around smallcap stocks is louder than ever. While blue chips continue to dominate the headlines, a handful of lesser-known smallcaps have quietly turned into wealth creators, delivering staggering returns and lighting up investors’ portfolios year after year.
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Markets traded optimistically on BSE expiry day, buoyed by strong quarterly results and key stock performances. Nifty found support, with analysts suggesting a ‘buy on dips’ strategy targeting 25,800. Banking stocks, particularly PSU banks like SBI, are expected to lead the rally, with Shriram Finance also highlighted for potential gains.
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Today, European stocks experienced a modest uptick as investors sift through a mixed bag of corporate earnings. This rebound follows recent anxieties over trade tariffs. The earnings season has opened on a positive note, with Nestle showing remarkable sales growth. In contrast, Pernod Ricard and Whitbread have faced declines in their sales figures.
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India’s young workforce, with a median age of 28, is driving demand for homeownership, shaping urban development and economic growth. A study highlights affordability challenges, especially in Mumbai, where high property prices push young professionals toward suburbs. Strategic planning is crucial for talent retention, rental market balance, and sustainable urban growth.
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The BSE and NSE will remain closed on October 21 for Diwali Lakshmi Puja and on October 22 for Balipratipada. A one-hour Muhurat Trading session will be held on October 21, marking the start of Samvat 2082.
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Indian equities continued their upward trend on Thursday, driven by strong performance in financials and consumer durables. The Sensex and Nifty saw significant gains, fueled by optimism surrounding a domestic earnings rebound and renewed foreign investment. This rally marks a continuation of recent positive momentum for the markets.
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