Category
Business
India bonds sink on RBI's early close of FX swap facility
The Indian government bond market experienced a dip in demand on Monday, leading to higher yields. In an unexpected move, the central bank accelerated the deadline for its diaspora deposit swap program. This decision ca...
Rupee slips as sentiment drags on RBI curtailing FX inflow window
The Indian rupee slipped against the US dollar on Monday as the central bank's surprise move to shorten its forex swap timeframe rattled the market. Importer demand for dollars continued to exert downward pressure on th...
Global Market: European shares climb despite geopolitical risks; miners lead gains
European shares edged higher as gains in basic resources and technology stocks offset weakness in defensive sectors. A softer dollar, weaker US economic data and firmer gold prices supported sentiment, while investors c...
FIIs raise stakes in 12 stocks for three straight quarters; shares surge up to 130%, 3 turn multibaggers
FIIs steadily increased holdings in several BSE 500 companies across three quarters, with select stocks delivering 50–133% returns. Three multibaggers more than doubled investors’ wealth, highlighting strong institution...
Global Markets: 5 big triggers to watch this week
Global markets enter a quieter summer week with food inflation, US consumer spending, Japan’s growth outlook, gold and UK inflation in focus. Investors will assess whether rising energy and food costs prove temporary or...
BSE shares tumble 5% after Jefferies downgrades stock to 'underperform'. Here’s why
BSE shares fell sharply on Monday after Jefferies downgraded the stock and cut its target price to Rs 2,940, citing risks from proprietary trading activity, STT changes, RBI bank guarantee norms and the Closing Auction...
Global Market: Emerging Asian currencies rise as softer dollar supports regional markets
Emerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Investors also assessed Japan’s slower growth, Malaysia’s inflation data and upcoming...
RBI's heavy FX footprint revives memories of a tightly managed rupee
The Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are actively engaging in dollar sales to ensure currency stability, reminiscent of...
Rupee falls 17 paise to 95.59 against US dollar in early trade
In early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of India's announcement on its swap facility adjustment. The end of the FCNR (B) dep...
India bonds dip as RBI's diaspora swap move dents sentiment
Early Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the benchmark bond yield to surge, hindering a crucial source of demand. Inflows exceedin...
Sugar stocks Balrampur Chini, Triveni Engineering, Dhampur Sugar and others rally up to 7%. Here’s why
Sugar stocks rallied up to 7% as global sugar prices climbed to multi-month highs, with raw sugar touching 16.6 cents per pound and white sugar hitting a 15-month peak. Domestic prices have surged nearly 10% in a month...
Global Market: China, Hong Kong stocks rise as chipmakers rally on strong earnings
Chinese and Hong Kong equities advanced, led by technology and semiconductor stocks following strong corporate earnings, while consumer and liquor stocks weakened. Investors remained focused on key economic data for clu...
How India's digital infrastructure opened global markets to Indian investors
Indian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and infrastructure upgrades have streamlined the process for investing abroad. Online...
Top Nifty50 stocks analysts suggest buying in this volatile week
Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standar...
Global Market: Japan stocks edge lower after GDP growth misses forecasts
Japanese equities traded mostly lower as weaker-than-expected economic growth and elevated oil prices weighed on investor sentiment. Concerns over Middle East tensions, inflation and rising bond yields added to the pres...
Sensex falls over 300 pts, Nifty below 24,300 as oil hits $90; IT, PSU stocks lead the slide
In a troubling trend, Nifty and Sensex slipped for a fifth day on Monday, as escalating oil prices and struggling IT stocks soured investor confidence. The broader market followed suit, opening lower and reflecting the...
Voltas shares in focus after Q1 profit surges 52%. Buy, Sell or Hold?
Voltas reported a strong Q1 FY27, with consolidated net profit rising 52% YoY to ₹213 crore and revenue growing 19% to ₹4,673 crore. However, the revenue miss and continued weakness in non-RAC businesses have kept Goldm...
Patanjali Foods shares in focus after Q1 profit jumps 86% YoY, revenue rises to Rs 11,337 crore
Patanjali Foods reported a strong Q1FY27, with consolidated profit surging 86% YoY to Rs 335.7 crore and revenue rising 29% to Rs 11,337.5 crore. EBITDA jumped 69% to Rs 543.3 crore, while margins improved to 4.8%. The...