Canara Bank shares surged 10% in three sessions to a fresh 52-week high on Monday, powered by strong Q2 earnings, improved asset quality, and renewed optimism in PSU banks. Investor sentiment was further boosted by speculation that the government may hike the foreign ownership limit in state-run lenders.Read More

High beta stocks in the BSE 500 index have experienced significant pain, with Aditya Birla Fashion topping the losers with a 73% fall. Out of 272 high volatility stocks, 135 have declined, with 100 recording double-digit losses. Siemens and Sterling and Wilson Renewable Energy also saw substantial drops.Read More

Indian government bonds declined in early trade as a weaker rupee and tight liquidity countered the Reserve Bank of India’s move to cancel bond sales. The central bank’s action, intended to signal discomfort with rising yields, briefly boosted the market. However, rupee defense interventions by the RBI have tightened liquidity, impacting demand for bonds.Read More

India’s public sector banks are witnessing a strong rally, driven by renewed foreign investor interest, speculation over higher FII limits, and improving balance sheets. The Nifty PSU Bank index has surged nearly 7% in a week, reflecting optimism about policy support and financial strength, though analysts caution the momentum may not last.Read More

An ETMarkets analysis of Ace Equity data shows high-beta stocks outperformed low-beta peers over the past year, with Laurus Labs and Paytm leading gains, while ABFRL, Siemens, and Tejas Networks saw steep declines. Low-beta counters like JSW Holdings and Manappuram Finance delivered steady double-digit returns.Read More

OPEC+ will raise oil output modestly in December before pausing hikes in early 2026, balancing supply caution with market confidence amid uncertain demand forecasts and shifting geopolitical risks.Read More

Investors are cautiously optimistic across sectors. Siddhartha Khemka of Motilal Oswal sees strength in chemicals and fertilizers, with Coromandel International and PI Industries favored. He expects a steady quarter for SBI, citing strong asset quality. The metals outlook is turning positive, with Tata Steel benefiting from domestic demand and global cues. Khemka has a buy...Read More

US Treasury Secretary Scott Bessent warned that high interest rates have pushed the housing sector into recession, urging the Federal Reserve to cut rates faster to prevent wider economic slowdown.Read More

Indian markets turned volatile with Nifty slipping below 25,800 as Q2 results disappointed, says Dharmesh Kant of Cholamandalam Securities. With BFSI and IT posting modest growth and muted sector guidance, Kant expects a 4–5% correction in November. He remains bullish on PSU banks, metals, and defence, while expecting profit-taking in auto stocks amid weak festive...Read More

Mahindra & Mahindra shares rose 3% after the company reported record-high SUV and total vehicle sales for October 2025. Strong growth across all divisions, including tractors and commercial vehicles, along with festive demand and lower GST rates, boosted performance. The automaker also unveiled its new all-electric seven-seater SUV, the XEV 9S.Read More