India’s largest drugmaker, Sun Pharma, is considering a major acquisition. The company is evaluating the purchase of US-based Organon, a specialist in women’s health. This potential deal is valued at around $10 billion. A successful acquisition would be a significant move for Sun Pharma, strengthening its presence in the US market.Read More

An equity derivatives gauge is flashing caution as foreign selling and tariff uncertainty deter traders from chasing upside. The Nifty Put-Call Ratio (PCR) has fallen to 0.65, indicating a rapid unwinding of put positions and fresh call writing, suggesting negative sentiment among options traders.Read More

December quarter results show mid-single digit net profit growth, primarily due to weak IT sector performance. Banking and finance companies, however, posted double-digit profit growth, supporting overall numbers. IT firms faced a profit decline, impacted by delayed client decisions and a shift towards AI projects.Read More

A Supreme Court ruling impacts foreign investors in India. Investors can no longer use only a Tax Residency Certificate for tax benefits. Tax authorities will now examine the business substance of overseas investment structures. This affects private equity and other foreign portfolio investors, particularly those using Mauritius and Singapore.Read More

The Bank of Japan’s upcoming meeting is poised for yen volatility as investors anticipate the timing of the next rate hike, further complicated by an impending election. Despite a recent rate increase to 0.75%, the yen remains under pressure.Read More

Indian equity markets closed marginally higher on Friday, buoyed by positive sentiment in the IT and banking sectors. Analysts anticipate a sideways trading range in the near term, with stock-specific movements driven by earnings and trade developments. Geopolitical escalations remain a key risk factor.Read More

Reliance Industries’ consolidated EBITDA margin reached a seven-quarter high, driven by a strong oil-to-chemicals division and RJio’s robust telecom performance. This growth partially offset weakness in the retail segment due to festive season shifts and GST rate changes. The company is also investing in a battery manufacturing facility and renewable power generation.Read More

Indian equities closed higher as a strong earnings surprise from Infosys boosted risk appetite and lifted IT stocks, helping Sensex and Nifty hit intraday highs. However, profit booking capped gains by the close. Analysts flagged mixed global cues, sector-specific strength and cautious technical signals.Read More

The strong investor response to the initial public offering of Bharat Coking Coal Ltd has boosted confidence within CIL and provided positive momentum as the company evaluates the listing of its other subsidiaries, Chairman-cum-Managing Director B Sairam said.Read More

The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities.Read More