Rupee edges up to 95.33 against US dollar, but underlying weakness remains

Indian Rupee gains 7 paise against US dollar, but underlying pressure remains. RBI intervention expected as dollar demand persists.

Indian Rupee gains 7 paise against US dollar, but underlying pressure remains. RBI intervention expected as dollar demand persists.

William Lee, Chief Economist and Managing Director of Global Economic Advisors believe the next phase of AI spending will depend on whether enterprises adopt smaller, efficient models or continue investing in large data centres.

Brazil and Mexico’s World Cup losses may hit AB InBev and Heineken’s Q3 sales, Morgan Stanley analysts say. Shares of both companies fell.

Gold and silver prices dip after last week’s rally. Investors eye US monetary policy, Fed signals, and global commodity markets.

The Centre will initially sell a 2.52% stake, equivalent to 66.29 lakh shares, with an option to sell an additional 2.52% through the greenshoe option in case of strong demand.

Apollo Micro Systems is likely to be one of the beneficiaries of the Defence Acquisition Council’s ₹52,000 crore procurement plan for the Indian Army, Navy and Air Force.

Gold loans top India’s securitised assets in Q1 FY27, surpassing vehicle loans. CRISIL reports 31% share, driven by NBFCs and strong investor demand.

While there are no major macro data points set to be reported today, the shares of SpaceX will begin trading as part of the Nasdaq starting today. The stock is still down 30% from its post-listing high of $225 but…

In its four full trading days, Waterways Leisure Tourism shares have had two upper circuits of 10% each, while ending its trading debut at a discount of 17% to its issue price. The stock also ended 5.5% lower on Wednesday.

Shares of Jubilant FoodWorks Ltd ended at ₹437.95, up by ₹8.90, or 2.07%, on the BSE.