Steel Authority of India Limited shares dropped on Thursday. The company reported a significant profit decline for the July-September quarter. Total income and sales turnover saw an increase. Earnings before interest, tax, depreciation, and amortization also decreased. Morgan Stanley maintained an ‘Equalweight’ rating with a target price. The quarter included an exceptional loss.Read More

BHEL shares: Bharat Heavy Electricals Ltd (BHEL) shares surged 4% to Rs 255 on Thursday following a robust financial turnaround. The company reported a 253% year-on-year jump in net profit to Rs 374.89 crore for the second quarter of FY26, a significant recovery from a loss in the previous quarter.Read More

Government’s recent silver jewellery import rule clarification offers significant relief to genuine exporters, removing earlier uncertainties. This move is expected to boost festive season exports by ensuring smooth operations for licensed entities. Despite short-term price corrections, silver and gold markets remain bullish long-term due to strong demand and global economic factors.Read More

While Nifty and Sensex near record highs, the broader market lags, with smallcaps still 6% from their peak. This rally is driven by select largecaps, particularly banks, while IT stocks struggle. Experts believe earnings derating is largely over, with small and mid-caps poised for faster growth, offering opportunities for patient investors.Read More

OpenAI is reportedly planning a massive initial public offering. The artificial intelligence company could be valued at up to one trillion dollars. Preparations are underway for a potential listing as early as late 2026 or 2027. This move follows a significant restructuring. The company aims to raise substantial capital for future AI infrastructure investments.Read More

Gold prices saw a rise on Thursday. This was due to a weaker dollar and a quarter percentage point rate cut by the U.S. Federal Reserve. Investors are watching for a meeting between U.S. President Trump and Chinese leader Xi Jinping. Other precious metals like silver, platinum, and palladium also gained. Economic data from Europe...Read More

The dollar strengthened on Thursday. Federal Reserve Chair Jerome Powell indicated a potential pause in rate cuts. This pushed the yen to an eight-month low. Markets await the Bank of Japan’s policy decision. A meeting between US President Donald Trump and China’s leader Xi Jinping is also scheduled. Investors anticipate discussions to ease trade tensions.Read More

Oil prices are steady as traders await crucial U.S.-China trade talks. Hopes are high for a de-escalation of trade tensions that have impacted global growth. Investors are also watching for signals from the U.S. Federal Reserve’s recent interest rate cut. A significant drop in U.S. crude inventories also supports the market.Read More

Microsoft announced impressive quarterly earnings, with revenue surging due to high demand for artificial intelligence services. This boosted its cloud computing business significantly. However, the company’s stock saw a decline as investors worried about how quickly AI will generate profits. An Azure cloud service outage also impacted operations. Microsoft continues to invest heavily in AI,...Read More

Today is the final chance for investors to buy shares in Coforge and Laurus Labs for upcoming dividends. Their ex-dividend date is tomorrow, October 31. Shareholders on record today will receive interim dividends. Coforge offers Rs 4 per share. Laurus Labs provides Rs 0.8 per share.Read More