Asian Paints’ stock has surged 23% in a month, signaling a fundamental turnaround. The aggressive entry of competitor Birla Opus has faltered, with dealers returning to established players. Asian Paints’ strong September quarter results, coupled with its deep distribution network and brand loyalty, suggest it’s well-positioned to defend its market leadership and potentially surpass its...Read More
Orkla India, the parent of MTR, posted a 7% YoY decline in Q2 net profit to Rs 76.7 crore, while revenue rose 5% to Rs 650.3 crore. EBITDA dipped over 3% due to GST 2.0 migration costs and lower PLI benefits, though adjusted margins improved.Read More
As of November 13, five stocks in the NSE F&O segment recorded a strong rise in futures open interest, indicating increased derivatives participation and expanding trader positions. Alkem Laboratories, NBCC (India), PG Electroplast, Samvardhana Motherson International and Tata Steel registered notable double-digit OI gains, signalling heightened market activity.Read More
Indian equity benchmarks Nifty and Sensex opened sharply lower on Friday, snapping a four-day rally. Investors closely watched Bihar Election results, with Metal and IT stocks leading the decline. Tata Motors CV, Infosys, and Tata Steel were among the major laggards on the Sensex.Read More
Seven mid- and large-cap stocks, including Ashok Leyland and Precision Wires, hit their 5-year swing highs, signalling strengthening bullish momentum.Read More
Market expert Satish Ramanathan of JM Financial Asset notes that while Indian equities remain richly valued, pockets of value are emerging in BFSI, utilities, and metals. He suggests largecaps offer a safer allocation and highlights opportunities in green energy and AI-driven IT companies, advocating for patience and selective investing.Read More
Muthoot Finance’s share price rallied sharply on Friday after Q2 profit surged 87% YoY to Rs 2,345 crore, driven by strong gold loan AUM growth, improved NIM and robust interest income. Brokerages raised estimates, while the company lifted its FY26 AUM growth guidance to 30–35%.Read More
Pine Labs share price: Fintech major Pine Labs debuted on the stock exchange with a 9.5% premium, listing at Rs 242. The Rs 3,900-crore IPO saw strong institutional demand, with QIBs subscribing 3.97 times. The company, a recognized merchant commerce platform, turned profitable in Q1 FY26, with IPO proceeds earmarked for debt repayment, technology investments,...Read More
Crude oil prices tumbled after OPEC+ signaled a looming supply glut, with Brent hovering near $62. Australia-Trading.com CEO Peter McGuire warns Brent may slip below $60 and even touch $57 amid rising US output and weak demand outlook. While geopolitical shocks could spark brief spikes, the broader trend remains bearish, with softer crude expected through...Read More
India’s fintech giants Groww and Zerodha are reshaping online investing. Groww recently listed on public markets, raising significant capital and boosting its brand. Zerodha, however, continues its private, self-funded journey. This divergence highlights different paths to success in the booming Indian financial sector.Read More
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