HSBC on Friday raised its 2025 average gold price forecast by $100 to $3,455 per ounce, citing geopolitical tensions, economic uncertainty, and a weakening U.S. dollar, and projected prices could reach $5,000 in 2026.Read More
Ace investor Vijay Kedia reshuffled his Rs 1,292.5 crore portfolio in Q2 FY26, adding Yatharth Hospital, increasing his stake in Global Vectra, and trimming Affordable Robotic & Automation. Yatharth shows strong technicals and robust Q2 growth, Global Vectra faces a downtrend but long-term returns remain solid, while Affordable Robotic rebounds post-Q2 results despite lingering technical...Read More
PVR Inox has turned profitable in the second quarter of FY26, reporting a net profit of Rs 10.55 crore. Revenue from operations saw a significant jump of 12.3%. The company’s EBITDA also rose substantially, indicating improved operational efficiency. This positive performance marks a strong turnaround for the film exhibition giant.Read More
JSW Steel Q2 Results: JSW Steel on Friday reported its results for the second quarter ended September 2025, posting an impressive 307% YoY surge in its consolidated profit after tax (PAT) at Rs 1,646 crore, while its revenue from operations recorded a 12% YoY growth.Read More
Tenneco Clean Air India, a unit of US-based Tenneco, plans a Rs 3,000 crore IPO next month, seeking a $2 billion valuation. The offer, entirely an OFS via Tenneco Mauritius Holdings, comes amid India’s strong IPO wave. Axis Bank, JM Financial, HSBC, and Citigroup are advisors.Read More
Japanese stocks experienced a downturn on Friday. Bank shares declined amid concerns over credit issues at American regional banks. A strengthening yen also impacted market sentiment. The Nikkei index saw a notable drop, reflecting investor anxiety. This market movement follows a week of volatility influenced by political developments and fears of an overheated market.Read More
Wipro CEO Srini Pallia says demand remains strong across BFSI, healthcare, and technology as the company closes $9.5 billion in bookings for H1 FY25. CFO Aparna Iyer attributes margin dip to a one-off client provision while maintaining a stable outlook. Wipro’s pipeline, led by AI and automation projects, positions it for gradual growth in FY26.Read More
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