The rupee opened lower on Friday, slipping seven paise to 89.97 against the US dollar amid continued foreign investor selling and a rise in global crude oil prices. Furthermore, US tariffs and muted domestic equity market sentiment drove foreign institutional investors to sell, placing additional pressure on the local currency. The rupee had opened at…
For a “Viksit Bharat” to endure, national success must be measured by the financial resilience of Indian families. (AI image) By Sumit Madan The Union Budget 2026 arrives at a defining juncture of India’s ascent, where progress must be measured not merely by the velocity of our growth, but by the resilience of the nation’s…
The intraday setup favors a sell-on-rise approach in the ₹1,37,800–₹1,38,000 range. (AI image) Gold price prediction today: Gold price rally appears to be losing steam for now, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold February futures on MCX are trading near ₹1,37,800 after a sharp pullback from higher levels. The…
Stock market today (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, rose in trade on Friday after days of fall. While Nifty50 was above 25,900, BSE Sensex was up almost 150 points. At 9:17 AM, Nifty50 was trading at 25,922.45, up 46 points or 0.18%. BSE Sensex was at 84,327.52, up…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for January 9, 2026 are Hindustan Unilever, and Tata Power. Here’s its view on Nifty and Bank Nifty:Index View: NiftyDomestic equity benchmarks witnessed a sharp correction over the last four sessions, giving up the entirety of last…
MUMBAI: Markets regulator Sebi has sent a notice to Bank of America’s India arm over a 2024 matter when its investment banking team had shared privileged, confidential information about a share sale deal in Aditya Birla Sunlife AMC with other arms of the bank. Sharing of such information is in violation of Sebi’s rules. BofA…
MUMBAI: Indian bank stocks outperformed the broader market in the Oct-Dec quarter, with valuations rising sharply after GST cuts ahead of the festive season lifted consumption and strengthened expectations of a pickup in credit growth. Data from S&P Global Market Intelligence show the combined market capitalisation of the top 20 listed banks rose to about…
Ahead of the Union Budget for 2026–27, industry body Assocham has urged the government to roll out incentives for hydrogen-based direct reduced iron (DRI) production and concessional green finance to help the steel sector transition towards low-carbon manufacturing, PTI reported.In its pre-Budget recommendations, the chamber also called for incentives to promote waste-heat recovery systems and…
MUMBAI: Bajaj Group on Thursday completed the acquisition of a 23% stake in its insurance joint ventures from Allianz SE for Rs 21,390 crore, marking the largest transaction in India’s insurance sector and bringing the group closer to full ownership of Bajaj General Insurance and Bajaj Life Insurance.The stake purchase involved Bajaj Finserv, Bajaj Holdings…
US stock indices were largely subdued in early Thursday trade, even as defence companies rallied sharply after President Donald Trump said he wants to significantly raise military spending.The S&P 500 slipped 0.2% in early trading, though it remained close to its recent all-time high. The Dow Jones Industrial Average was down 109 points, or 0.2%,…
