Growing expectations of a December rate cut by the U.S. Federal Reserve helped boost global equities, with India’s benchmark equity indexes, the BSE Sensex and Nifty 50 , posting gains of more than 1% – the most in a day since JuneRead More

Kaynes Technology’s sharp correction hasn’t deterred brokerages, which remain upbeat on long-term prospects, citing strong order visibility, improving working capital plans, major capex-led expansion and growth drivers across EV, smart meters, aerospace and OSAT segments despite near-term challenges.Read More

Saurabh Mukherjea says Trent’s sharp correction is driven by a clear slowdown in same-store sales growth amid a broader consumption slump. He warns that new labour laws will raise employer costs by 12% and that rapid automation and AI pose a bigger structural threat to India’s job market. Marcellus remains bullish on Trent, Asian Paints...Read More

JP Morgan has predicted Brent crude could drop to $30 by FY27, a nearly 50% fall. Lower oil prices are likely to ease India’s import bill, improve the current account, and boost profits for airlines, tyre makers, and paint companies. However, upstream players like ONGC could face margin pressures amid global oversupply.Read More

Nykaa shares have surged nearly 76% from their March 2025 low and are now trading close to a 52-week high, reaching their strongest levels in over three years. The rally has lifted its market cap to about ₹77,200 crore.Read More

According to a filing by Ronesans Gayrimenkul Yatirim on the Turkish stock exchange platform, 15 million shares were sold at a price of 140 lira per share. Upon completion of the transaction GIC’s stake will decline to 13.85% from 18.38%.Read More

Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq’s gains.Read More

The pan-European STOXX 600 closed up 0.91% at 568.01. Major regional bourses also ended higher, with Germany’s DAX and France’s CAC up 1% and 0.8%, respectively.Read More

Saurabh Mukherjea says India’s consumption revival is already visible, with Q3 likely to deliver the strongest Nifty earnings in over two years. He argues the middle class needs another 100 bps of rate cuts and higher tax relief, funded by moderating capex. Mukherjea remains bullish on Trent and expects broader earnings to improve as consumption-led...Read More

The Indian paint industry is experiencing a significant shift with surging demand and a new major competitor. While the newcomer initially employed aggressive tactics, its revenue has plateaued, prompting a move towards rational competition. Established players, particularly Asian Paints, are responding with increased advertising and dealer engagement, positioning them well for future growth.Read More