Wipro shares may be in focus after the company announced a strategic collaboration with IISc and FSID to advance frontier technologies, including quantum computing, agentic AI, and secure digital infrastructure. The partnership aims to develop autonomous digital systems, sector-specific applications, and industry-ready solutions through joint research and innovation programmes.Read More
Eternal, the parent of Blinkit, has infused Rs 600 crore into the quick commerce platform, taking its total 2025 investment to Rs 2,600 crore. The funds support Blinkit’s aggressive expansion of dark stores and rising operational needs, even as the company continues to post losses despite efficiency gains and strong growth ambitions.Read More
A 5-year swing high represents the highest price a stock has reached within a five-year period. This level often acts as a significant resistance point where prices have historically struggled to move higher.Read More
India’s retail investors are exiting the secondary market, offloading Rs 4,729 crore in FY26, their worst selling streak since FY19. This exodus is fueled by a Rs 30,000 crore surge into the booming IPO market, where investors chase listing gains despite rich valuations and a rising share of Offer for Sale transactions.Read More
The IMF has reclassified India’s exchange-rate regime from “stabilized” to a “crawl-like arrangement” as the rupee exhibits greater flexibility. The change reflects the currency’s more independent movement and India’s readiness to allow gradual adjustments. A crawling peg involves small, steady shifts to account for inflation differences with trading partners, replacing the narrow-range approach last updated...Read More
Indian equities reached new heights on Thursday, with the Nifty 50 hitting an all-time peak. This surge was driven by optimism surrounding potential interest rate cuts in both the U.S. and domestically next month, which ignited fresh buying interest in the market.Read More
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