Veteran investor Dolly Khanna has reshuffled her Rs 500 crore portfolio, adding to five small-cap stocks including Mangalore Chemicals and Coffee Day Enterprises. Her trades signal selective optimism in India’s industrial and fertilizer sectors, with a contrarian bet on Coffee Day’s revival potential.Read More
Apple briefly hit a $4 trillion valuation driven by strong iPhone demand and renewed investor optimism, joining Nvidia and Microsoft in the elite club despite lingering concerns over its AI strategy.Read More
Aditya Birla Capital shares: Advent International’s affiliate Jomei Investments has fully exited Aditya Birla Capital, selling its entire 2% stake, or 53.2 million shares, via a block deal at ₹308 per share for ₹1,639 crore ($186 million), a 1.5% discount to the previous close.Read More
The Indian Rupee is trading in a tight band against the US Dollar. Positive stock market gains are being offset by month-end dollar demand. Geopolitical events are a key factor. The Reserve Bank of India is actively managing the currency. Traders are watching central bank meetings, especially the US Federal Reserve, for future direction.Read More
Peyush Bansal, founder-CEO of Lenskart, is poised to become a billionaire if the eyewear retailer’s shares reach Rs 510 post-IPO. He is set to receive Rs 824 crore by selling shares, retaining an 8.78% stake. Lenskart’s IPO, valued at Rs 70,000 crore, opens October 31 to November 4.Read More
Indian stocks rose on Wednesday, tracking gains in other Asian markets, as investors awaited the U.S. Federal Reserve’s policy decision later in the day.Read More
PSU bank stocks have surged by Rs 2.3 lakh crore in two months, with the Nifty PSU Bank Index climbing nearly 20%. This rally, driven by potential FDI limit increases and improving fundamentals, has reignited debate on Dalal Street about its sustainability. While some see continued upside, others caution about future headwinds.Read More
Gold prices have dropped about ₹12,700, or 9.6%, from their record high of ₹1,32,294 per 10 grams on MCX, now trading near ₹1,19,605. The sharp correction has left investors debating whether it signals a deeper slump or a fresh buying opportunity.Read More
India’s IPO market is booming, with LG Electronics India’s $1.3 billion issue selling out in just 6.5 hours — the fastest in 17 years. Driven by strong domestic participation from mutual funds, insurers, and retail investors, India is nearing last year’s $21 billion record. However, sky-high valuations and massive oversubscriptions raise concerns of a market...Read More
In a surprising turn, TVS Motor Company shares took a hit even after robust quarterly earnings showcasing impressive profit and revenue growth. While Nomura sees a golden opportunity with a ‘Buy’ rating and a target price of Rs 3,970, thanks to promising new product launches and increasing export activities, Motilal Oswal echoes this sentiment, emphasizing...Read More
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