Rupee rises 11 paise to 95.17 against US dollar in early trade
Rupee rises 11 paise to 95.17 vs USD after Fed pause; markets weigh oil, yields, and policy signals in early trade.
The latest market stories, updated through the day.
Rupee rises 11 paise to 95.17 vs USD after Fed pause; markets weigh oil, yields, and policy signals in early trade.
Aeroflex Industries shares surged 18% in intraday trade on the BSE on Thursday, with a strong 13-fold jump in volume. The stock has delivered multibagger returns of 200% year-to-date in 2026, while over the last one year, it has surged 210%.
Chinas yuan climbed to a four-year high against the US dollar, supported by the central banks firm guidance and the Federal Reserves decision to hold interest rates steady. The Peoples Bank of China continued managing appreciation, while investors awaited the European Central Banks policy decision f…
Jefferies sees a potential long-term capital gains tax (LTCG) cut as a possible trigger for foreign investors to return to Indian equities after record outflows. Banks, Reliance Industries, utilities and real estate stocks could be the biggest beneficiaries. Heres where foreign investors are positio…
During a recent shareholder meeting, Charlie Munger shared his reasoning behind opting out of fire insurance for his mansion. He argued that self-insurance is a more prudent choice for manageable risks, suggesting that smart individuals should avoid unnecessary premium payments. Highlighting potenti…
Indias equity market divergence suggests largecaps may be regaining leadership as mid- and smallcaps remain under pressure. The Nifty has recovered to broadly flat returns in October, while midcap and smallcap indices have declined. More reasonable valuations, earnings resilience, liquidity and inst…
Samsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite strong earnings, shares fell over 5% amid concerns about semiconductor division performance and AI investment sustainability. Samsung also announced shareholder retu…
South Koreas KOSPI fell 2.18% on Thursday as Samsung Electronics dropped 4.13% after disappointing third-quarter profits. Losses extended across battery, automotive and steel stocks, despite foreign investor buying. Authorities pledged to monitor volatility. Meanwhile, the won strengthened 0.72%, an…
Japans Nikkei rose 0.3%, supported by Advantests 5.4% rally after it raised its full-year operating profit forecast by 14%. However, declines in technology stocks and an 8.7% fall in Hitachi limited gains. Investors remained cautious ahead of Japans earnings season and the Bank of Japans policy deci…
Global cues after the Fed hold lift Indian equities as Nifty edges higher, with mixed stock moves, rising oil costs, and foreign outflows shaping early action.
Crude oil futures traded lower on Thursday morning after reports said that the US wants to revive peace talks with Iran.
Jio Platforms Ltd. recorded India's largest IPO, raising $3.1 billion and experiencing a 27% rise in shares. The Ambani family strategically adapted the deal structure and lowered valuations to attract investors. Mukesh Ambani's son Akash played a significant role in this IPO process, marking a mile…
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