RBI surprises market with aggressive dollar sale to support rupee

RBI panel to evaluate impact of quantum tech in finance

The Reserve Bank of India has formed an eight-member committee to explore quantum technology's role in finance. Headed by an IIT Madras professor, the panel will assess opportunities, risks, and challenges. It will also...

Strong revenue growth fails to shield India Inc margins in March quarter

STR

Strong revenue growth fails to shield India Inc margins in March quarter

Corporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker rupee squeezed operating margins. Sectors like automobiles and banking saw robust...

Rupee rises for a 3rd day as peace gains currency

RUP

Rupee rises for a 3rd day as peace gains currency

The Indian Rupee strengthened against the US Dollar on Monday. This rise followed a global plunge in crude oil prices. The Reserve Bank of India Governor indicated the central bank is prepared to support the local curre...

SBI-led banks seek bids for Essar Group promoter guarantees

SBI

SBI-led banks seek bids for Essar Group promoter guarantees

The reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capital Markets. It said the residual liabilities represent the net balance remainin...

Ahead of Market: 10 things that will decide stock market action on Tuesday

AHE

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, financial, energy and auto stocks lifted market sentiment. Analysts signalled bullish technical momentum for Nifty, wh...

'Inflation and unholy mess:' Why Nithin Kamath thinks RBI may not stay soft on interest rates

INF

'Inflation and unholy mess:' Why Nithin Kamath thinks RBI may not stay soft on interest rates

Nithin Kamath warned that a weak monsoon caused by El Niño and rising global oil prices linked to the Iran conflict could sharply increase inflation in India. He said higher food and fuel costs may force the RBI to rais...

Zepto planning to file papers for $1 billion IPO in June: Report

ZEP

Zepto planning to file papers for $1 billion IPO in June: Report

Zepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce firm plans to use proceeds for expansion as India’s IPO market seeks renewed mome...

Valuation Watch: 11 Largecap stocks with sky-high PE ratios

VAL

Valuation Watch: 11 Largecap stocks with sky-high PE ratios

NSE largecap stocks with TTM P/E ratios above 70 reflect strong investor growth expectations, but elevated valuations may also indicate overpricing risks, requiring careful assessment of company fundamentals and market...

Oil slump, central bank support manifest in rupee’s three-day winning streak

OIL

Oil slump, central bank support manifest in rupee’s three-day winning streak

The Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank of India's market interventions and a significant drop in crude oil prices. Hopes...

Global Markets | European shares climb to over two-month highs on Iran-US peace optimism

GLO

Global Markets | European shares climb to over two-month highs on Iran-US peace optimism

The pan-European STOXX 600 was up 0.61% at 628.93 points, as of 0712 GMT, trading just shy of a record high touched in late February, just before the Middle East war erupted.

Vinay Rajani sees Nifty extending rally toward 24,400; recommends PFC and L&T Finance

VIN

Vinay Rajani sees Nifty extending rally toward 24,400; recommends PFC and L&T Finance

Nifty is set to climb towards 24,400. Financial and rate-sensitive sectors are leading the market. Broader market indices are also showing strong uptrends. Analysts see this as a healthy sign of widespread buying. Trade...

FIIs, retail investors raise stakes in 10 midcaps, but stocks slip up to 30%

FII

FIIs, retail investors raise stakes in 10 midcaps, but stocks slip up to 30%

Foreign Institutional Investors (FIIs) and retail investors increased their stakes in nearly 20 midcap stocks over the March quarter. Despite this accumulation, 10 of the top laggards declined by 10% to 30% in the last...