branches across India will observe several closures throughout June 2026, with the holiday schedule varying significantly from state to state based on regional festivals, local observances, and government notifications. The…
Category: Market
Broker’s Call: Alkem Laboratories (Add)
Target: ₹6,230 CMP: ₹5,497.80 EBITDA grew 32 per cent year on year, led by 15 per cent sales growth, higher gross margin (65.9 per cent), offset by higher costs (staff/R&D/SG&A…
India’s forex reserves fall USD 7.5 billion to USD 681.38 billion
India’s forex reserves dropped USD 7.511 billion to USD 681.384 billion during the week ended May 22, the RBI said on Friday. In the previous reporting week, the kitty had…
INR use for imports and exports gains momentum, says RBI
Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which said the INR internationalisation process has…
RBI likely intervened to shore up rupee, traders say
The Reserve Bank of India likely intervened in the foreign exchange market to shore up the rupee ahead of the local spot market open on Friday, five traders told Reuters.…
Gold climbs Rs 1,600, silver surges Rs 5,000 amid US-Iran ceasefire hopes
Gold prices rebounded by Rs 1,600 to Rs 1.62 lakh per 10 grams in the national capital on Friday, tracking firm global trends amid optimism over a preliminary US-Iran deal…
Natural diamond ownership among Indian women increasing, says De Beers study
The ownership of natural diamond jewellery among Indian women has increased by 4 percentage points from 11 per cent in 2022 to 15 per cent in 2025, with Gen Z…
Yaashvi Jewellers IPO allotment date likely today. GMP, steps to check share allotment status for SME IPO
Yaashvi Jewellers IPO Allotment: The initial public offering (IPO) of gold jewellery maker Yaashvi Jewellers Ltd received strong demand from investors. As the subscription period has ended, focus now shifts…
Sensex crashes 1,100 points, investors lose ₹6 lakh crore; what drove the stock market down today?
Domestic stock market benchmarks, the Sensex and the Nifty 50, ended sharply lower on Friday, 29 May, witnessing a sudden dip in the fag end of the session. The benchmark…
Buyback boom: India Inc announces ₹25,000 crore worth of offers, highest in 3 years
India Inc’s buyback frenzy has hit a three-year high already. Twenty-two companies have announced buybacks in 2026 so far, with as many as 10 companies unveiling such offers in the…