The rupee depreciated 9 paise to close at 89.96 (provisional) against the US dollar on Wednesday, tracking a negative trend in domestic equities and sustained foreign fund outflows. Forex traders…
Category: Market
After 12 long years, NSEL investors’ hopes of getting back their money brightens
Salil Maaru, 56, never thought he would be second time lucky with his investment made through National Spot Exchange. On the advice of his stock broker, Maaru made his first…
Large Indian refiners return to Russian crude as discounts deepen
Four out of India’s seven largest refiners are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as heavyweight Reliance Industries…
Hindalco, Tata Steel lift metals as HDFC Bank, IndiGo drag markets in volatile session
Equity markets staged volatility on Wednesday as investors turned cautious ahead of key global cues, particularly the US Federal Reserve’s rate decision, while pressure from a weak rupee, foreign fund…
Waaree Energies becomes first Indian solar panel manufacturer to hit 1 GW monthly output
Waaree Energies Ltd has become the first solar panel manufacturer in India to produce over 1 GW of solar modules in a single month, achieving this milestone in November 2025.…
India’s tea exports rise 6.5% during Jan-Oct to 228.52 million kgs
India’s tea exports during Jan-October period current year were up 6.47 per cent at 228.52 million kgs on favourable demand from key buyers such as the UAE and Iraq among…
Markets slip into red at midday as Fed decision awaited
erased early gains and turned negative by Wednesday afternoon, with the down 241.66 points or 0.29 per cent at 84,424.62 and the declining 63.75 points or 0.25 per cent to…
Some Indian IPOs are being mispriced: Barclays India CEO
A euphoria in is leading some companies to misprice their , prompting investor caution, according to Pramod Kumar, chief executive officer of Barclays Plc’s India unit. The country’s IPO machine…
Corona Remedies IPO soars with 137x demand, Wakefit sees nearly 3x subscription
The primary market witnessed contrasting investor appetite on Wednesday, with Corona Remedies’ drawing overwhelming interest at 137.04 times subscription, while Wakefit Innovations’ offering garnered a more moderate but healthy 2.52…
Kotak Securities pegs Nifty at 29,120 by December 2026
Kotak Securities, in its Market Outlook 2026 report, has pegged the base-case target at 29,120 by December 2026, anchored by expectations of robust earnings growth over the next three financial…