Indian Oil Corporation announced an interim dividend of Rs 5 per share for FY26, fixing 18 December 2026 as the record date. Shares rose intraday, backed by strong yearly returns and improved quarterly profits. The company continues to outperform benchmarks, supported by a consistent dividend history and stable operational performance.Read More
Silver has officially leapfrogged Microsoft to become the fifth-largest asset in the world by market capitalization, marking a historic moment for the precious metal.Read More
The Indian stock market is poised for a strong weekly close, with the Nifty nearing 26,000. Analysts anticipate a bullish trend continuing into December, driven by a potential breakout from a recent downward channel. The Nifty Metal Index is showing significant upside potential, with expectations of a 15-20% rise in the coming months.Read More
Jefferies forecasts Nifty at 28,300 by December 2026, expecting steady domestic flows, stronger EPS growth, macro stability and sector-wide earnings rebound to support a 10% upside from current levels.Read More
Property group Hongkong Land said on Friday it will launch a Singapore private real estate fund with more than S$8 billion ($6.19 billion) in assets under management at inception.Read More
Chief Minister Devendra Fadnavis on Friday said asset manager Brookfield Properties is set to invest over USD 1 billion to create a global capability centre (GCC) facility in the state.Read More
India’s markets navigate optimism and caution amidst a shifting global macro environment, with a potential trade deal and Fed rate cut injecting liquidity. While GDP growth supports earnings, currency pressures and sluggish portfolio flows present vulnerabilities. A favourable trade deal could bolster FDI and exports, easing these concerns.Read More
Emkay Global’s Seshadri Sen projects the Nifty at 29,000 by December 2026, backed by strong FY27 earnings, a broad consumption revival, rising credit growth, and supportive monetary policy. He expects small and midcaps to outperform despite near-term volatility, while remaining cautious on large private banks due to slower growth and valuation resets.Read More
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