Sharp tax hike on cigarettes: ITC, Godfrey Phillips stocks see massive slump

Stocks of major cigarette manufacturers such as ITC and Godfrey Phillips saw a massive slump on Thursday after the government decided to impose additional taxes on cigarettes and various tobacco…

Broker’s call: Jindal Steel (Buy)

Target: ₹1,123 CMP: ₹1,067.45 Jindal steel is on the cusp of expansion at its Angul facility. It has recently (September 26, 2025) raised its iron making capacity to 15.02 mt…

Broker’s call: Oil India (Buy)

Target: ₹495 CMP: ₹427.35 Oil India’s material subsidiary, Numaligarh Refinery Ltd (NRL), was supposed to commence operations of the expanded refinery capacity (from 3 mtpa to 9 mtpa) in phases…

Markets begin 2026 on a flat note as ITC crash overshadows auto sector rally

Benchmark indices concluded the first trading session of 2026 on a flat note, with the 50 edging up marginally by 16.95 points or 0.06 per cent to close at 26,146.55,…

ICICI Pru AMC revises Dynamic Asset Allocation FoF’s fund management team

has revised the fund management team of its Dynamic Asset Allocation Active Fund of Funds, replacing its ace fund manager and CIO Sankaran Naren with Sharmila D’silva. The changes are…

Stock market ends first trading session of 2026 on flat note; ITC biggest drag

Equity benchmark indices Sensex and Nifty ended flat on the first trading session of 2026, as massive selling in ITC stocks and foreign fund outflows diminished the initial enthusiasm. The…

‘We are actively progressing towards entering MF business’

Started in 1944, Prabhudas Lilladher Group is one of the few financial services firms that have seen multiple market cycles. With a sharp focus on research, it has transformed itself…

Rupee at record low: Can India-US trade deal spark a meaningful rebound? Explained

USD vs INR: The is languishing at record lows even as the US dollar index dropped to its lowest level in two months, as traders remained concerned about the lack…

Silver prices set for best annual gains in 46 years amid 120% YTD rally: Can they hit ₹250,000 by next year?

Silver prices: In a year dominated by commodities, has emerged as the standout performer, surging an impressive 120% year-to-date (YTD). The rally propelled prices past the ₹200,000 mark for the…

Vodafone Idea, ZEEL to Bandhan Bank: These 10 stocks among biggest wealth destroyers over last 5 years, shows MOSL study

According to Motilal Oswal’s 30th Annual Wealth Creation Study, released earlier this week, the five-year period from 2020 to 2025 has delivered the highest wealth creation in the study’s three-decade…