LIC Q2 Results 2025: Life Insurance Corporation of India (LIC) on Thursday reported a 31% YoY growth in its consolidated Q2 net profit at Rs 10,098 crore versus Rs 7,728 crore in the year ago period.Read More

Tenneco Clean Air India Ltd is launching its initial public offering on November 12. The company aims to raise Rs 3,600 crore through an Offer for Sale. This move will allow the promoter to sell shares. The listing aims to achieve the benefits of being a publicly traded company.Read More

Indian stocks ended lower on Thursday. Early gains were erased as investors took a break. Financial and metal stocks saw declines. The Sensex and Nifty both fell. Midcap and small-cap shares experienced steeper selling. This marks a second consecutive session of losses for the major indices.Read More

The Indian rupee remained steady on Thursday, caught between importer demand for dollars and positive regional market sentiment. It closed near its previous day’s level. Traders anticipate the rupee to trade within a specific range. Meanwhile, Indian equities saw a decline, diverging from gains in other Asian markets. The dollar index also experienced a slight...Read More

Sebi has revamped share allocation rules for anchor investors in IPOs, boosting domestic institutional participation. The anchor portion reservation is now 40%, with 33% for mutual funds and 7% for insurers/pension funds. The number of allowed anchor investors for larger IPOs has also increased, aiming to broaden long-term institutional involvement in public offerings.Read More

Michael Burry’s Scion Asset Management has taken massive short positions on Nvidia and Palantir, signalling caution over the AI boom as global tech stocks face their sharpest decline in months.Read More

Tata Group’s Trent is expected to report 17–21% YoY revenue growth and up to 33% profit rise in Q2, driven by aggressive store expansion across Zudio and Westside formats, cost efficiencies, and steady margins despite festive-driven sequential softness.Read More

Gold prices surged past $4,000 an ounce on Thursday. A weaker dollar and the ongoing US government shutdown fueled economic outlook concerns. Analysts predict further Federal Reserve rate cuts could push gold to $4,200 by year-end. Meanwhile, silver, platinum, and palladium also saw gains. Investors are closely watching economic indicators.Read More

Nomura upgraded Asian Paints and Berger Paints to ‘Buy’, noting that the worst of competition from Birla Opus is over. The brokerage raised target prices, citing resilient margins, stable growth outlook, and limited disruption despite heavy new entrant investment.Read More

An ETMutualFunds analysis revealed that 12 equity mutual funds, including Parag Parikh Flexicap, Quant Smallcap, HDFC Midcap, and Nippon India Smallcap Fund, consistently delivered over 20% CAGR across three, five, and seven-year periods. The study covered 177 equity funds with over seven years of track record, excluding hybrid, sectoral, and thematic schemes. Quant Smallcap Fund...Read More