The rupee’s biggest rally in seven years on the back of the India-US trade deal gives RBI scope to rebuild forex reserves using US dollars.
Suggested News
GLO
Markets-Economic Times
Global Market: China stocks slip as tech shares fall ahead of central bank meetings
Chinese stocks declined as technology shares weakened and investors adopted a cautious stance ahead of major central bank meetings and corporate earnings. Concerns about the AI-driven rally, slowing economic conditions...
Oct 26
Read
APO
Markets-Economic Times
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting a milestone of Rs 388 crore for the September quarter. The notable...
Oct 26
Read
GLO
Markets-Economic Times
Global Market: Japan bond yields edge higher ahead of key central bank meetings
Japanese government bond yields edged higher as investors assessed the monetary-policy outlook ahead of meetings by the Bank of Japan and the US Federal Reserve. Markets expected both central banks to keep rates unchang...
Oct 26
Read
JIO
Markets-Economic Times
Jio’s record India IPO falls short of record payday for bankers
Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment banks kept fees relatively low at around 0.65% of the issue size.
Oct 26
Read
SEN
Markets-Economic Times
Sensex rises 200 pts, Nifty above 22,600 as market snaps 4-day losing streak. Is the relief rally sustainable?
Indian benchmark indices staged a sharp recovery from early losses, supported by gains in metal, pharmaceutical and select banking stocks. Despite improving market breadth, analysts remained cautious amid elevated crude...
Oct 26
Read
RUP
Markets-Economic Times
Rupee falls 5 paise to 94.98 against US dollar in early trade
In early trading, the rupee was priced at 94.98 against the US dollar, slipping by 5 paise primarily due to high crude oil rates and ongoing geopolitical conflicts. Despite the dollar index facing a slight decline of 0....
Oct 26
Read
AUS
Markets-Economic Times
AU Small Finance Bank shares tumble 10% after Q2 results, but Jefferies and Motilal see up to 37% upside
AU Small Finance Bank shares fell up to 10% despite a 53% year-on-year rise in Q2 net profit. Jefferies and Motilal Oswal retained Buy ratings, citing growth prospects, improving asset quality and lower credit costs.
Oct 26
Read
GLO
Markets-Economic Times
Global Market: China's yuan hits four-year high as dollar weakens ahead of policy meetings
The yuan of China has surged to a peak not seen in four years against the US dollar, driven by evolving market dynamics and currency evaluations. The People's Bank of China established this daily midpoint, marking its s...
Oct 26
Read
KOT
Markets-Economic Times
Kotak Mahindra Bank shares climb 4% after Q2 results. What are Jefferies, Goldman Sachs saying?
Kotak Mahindra Bank reported strong Q2FY27 earnings, with consolidated profit rising 26% year-on-year. Jefferies, Goldman Sachs, Motilal Oswal and Nuvama maintained Buy ratings, citing growth prospects and improving ear...
Oct 26
Read
IND
Markets-Economic Times
IndusInd Bank shares rise 2% after Q2 results. Why Jefferies cut target price despite lender swinging to profit
IndusInd Bank announced a net profit of Rs 1,176 crore for the quarter ending September 2027. The bank's asset quality improved with gross non-performing assets declining to 2.73% from 3.6% a year earlier. Jefferies adj...
Oct 26
Read
NIF
Markets-Economic Times
Nifty's PEG ratio near 10-year low but why don't stocks look cheap yet? Valuation paradox explained
Nifty’s PEG ratio approaches a decade low, suggesting an enticing potential for valuation and earnings growth. The substantial drop in the forward P/E ratio has heightened hopes for a market recovery. However, rising bo...
Oct 26
Read
PMS
Markets-Economic Times
PMS Talk: AI, defence and electronics manufacturing are the next growth engines, says Vaibhav Agarwal
In this edition of ETMarkets PMS Talk, we speak with Vaibhav Agarwal, Founder & CIO, Accelt Asset Management LLP, about how his team’s bottom-up stock-picking approach identifies businesses capable of delivering sustain...
Oct 26
Read