The Indian rupee hit a record low of 90.82 per dollar, pressured by NDF maturities, FPI outflows, and US tariffs. BSE Sensex and Nifty 50 slipped, while RBI intervened to limit losses.
Axis Bank has revised its outlook, saying NIMs are now expected to trough in either the fourth quarter or the first quarter of FY26, compared with its earlier guidance of the third quarter.
Of the 29 analysts that have coverage on Avenue Supermarts, eight have a “buy” rating, 12 have a “hold” rating and nine have a “sell” rating. The consensus estimates of price targets from analysts imply a potential upside of 10.6%…
Multiple facets of the bill from FDI, to the absence of composite license, will have implications across the listed insurance universe, and across product categories.
Zota Health Care will use the QIP proceeds for funding working capital needs, invest in subsidiaries, and for General Corporate Purposes.
Since signing the memorandum of understanding, Intellect Design Arena undertook a detailed review of market conditions in the UK. It said that the operating environment for small and medium enterprises changed materially following the UK Government’s Autumn Budget announced in…
With this surge, Meesho’s overall market capitalization currently stands at over ₹86,000 crore. There is lack of free float in the market, which could also make moves in either direction appear exaggerated.
Geoffrey Dennis, an independent emerging markets commentator, cautioned that the ongoing rotation within global markets—particularly away from US AI stocks—is likely to be modest, stressing that the current environment is not comparable to the tech bubble burst of 2000 and…
Morgan Stanley expects a tariff hike in the first quarter of financial year 2027. According to the brokerage, the Bharti Airtel stock is likely to start factoring in expectations of higher tariffs over the coming months.
Cello World’s valuations are not attractive either, according to Investec, who is valuing the stock at 32 times estimated price-to-earnings for financial year 2028, compared to the two-year average of 34 times.