Meesho's net loss for FY25 stood at Rs 3,941 crore, up from Rs 305 crore, due to expenses related to flipping its base from the US to India. Without the exceptional item, Meesho’s net loss was Rs 289 crore.
UltraTech’s incremental capacity of 22.8 MTPA is primarily targeted at northern and western India, after completing the consolidation in the Southern markets.
The week ahead will be a holiday-led truncated week due to Diwali. Investors are likely to remain cautious in view of the release of key economic data, such as US inflation, employment, and India’s PMI figures, says Vinod Nair, Head of Research, Geojit Investments.
After a turbulent Samvat 2081, the markets step into the new year not with fireworks but with quiet resolve and the will to rise
The Indian rupee ended 72 paise higher at 87.97 per dollar on October 17 against the October 10 closing of 88.69.
Call Option compared to a Futures Buy will always have a better reward to risk ratio but the success ratio for Buy Call will always be lower for various reasons.
The Nasdaq gained 0.52% to 22,679.98 points, while the Dow Jones Industrial Average rose 0.52% to 46,190.61 points.
The pullback came as concerns eased over credit quality in the US and trade frictions between China and the US, which is denting haven demand for gold and silver.
Even after 59 percent rally in the Samvat 2081, Nimesh Chandan of Bajaj Finserv AMC expects gold to remain strong in the coming year, supported by persistent ETF inflows and robust central bank buying.
Nilesh Jain of Centrum Broking expectss the banking index to potentially surpass the 60,000 mark in the upcoming Samvat year.
In the long run, we believe that RIL should benefit from a tilt in Indian households’ spending mix towards premiumization and higher adoption of digitization
Despite stake sale, Delhivery shares rallied 4.15 percent to Rs 465.35 with above-average volumes.
Reliance Q2 Earnings: Consolidated EBITDA registered 14.6 percent year-on-year growth, reflecting agile business operations, a domestic-focused portfolio and structural growth in the Indian economy, while Jio subscriber base crossed the milestone of 500 million with a total subscriber base of 506 million.
The Global Metals & Mining Index has crossed its 2008 highs — a key resistance level breached for the first time since 2022 — suggesting further upside in the sector.
For the year so far, FIIs have been net sellers of shares worth Rs 2.40 lakh crore, while DIIs have net bought shares worth Rs 6.02 lakh crore.
Reliance Jio Q2 results: Revenue from operations rises 15% to Rs 36,332 crore
Reliance Industries said broad-based growth in consumer businesses, together with improved refining margins and continued thrust on domestic fuel retailing operations, helped deliver a robust consolidated performance during the fiscal second quarter.
Data from PMS Bazaar indicates that Aequitas India Opportunities PMS led the one-month performance tables with a 9.3% gain, followed by Moat UpperCrust Wealth PMS, which rose 6.8% in the same period.
Companies that harness AI to improve efficiency and boost earnings could be a big wealth-creation theme in India, he said
Sify Infinit Spaces IPO | The Sifty Technologies-promoted company proposed to issue fresh shares worth Rs 2,500 crore, while investors Kotak Data Center Fund, and Kotak Special Situations Fund will be offloading shares worth Rs 1,200 crore via offer-for-sale.
Weekly derivative data suggested that the Nifty 50 is expected to remain in the 25,500–26,000 range in the upcoming sessions.
Samir Arora of Helios Capital said that the recent phase of relative under-performance has largely run its course and that multiple supportive triggers could restore momentum.
Gross NPA stood at 3.01 per cent as of Q2 FY26, compared to 4.59 per cent in the year-ago period, registering an improvement of 158 basis points.
Tata Technologies Q2 Results: 'While we may see some short-term, tactical challenges in Q3, we remain confident in a solid rebound in Q4,' said the firm's CEO Warren Harris.
In Europe, the benchmark STOXX 600 slipped 1.5 percent. France’s CAC 40 fell 1 percent and Germany’s DAX declined 2.1 percent.