Rupee bounces back 49 paise to 89.17 after Friday’s record slide
The rupee rebounded to 89.17 against the US dollar after RBI intervention, lower Brent crude prices, and a positive Sensex and Nifty opening, following a record low of 89.66.
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MSCI Rejig: Paytm, Fortis among those stocks set for inflows; Tata Elxsi may see outflows
Fortis Healthcare, One97 Communications (Paytm), GE Vernova T&D and Siemens Energy India are the four additions to the MSCI India Standard Index. Tata Elxsi and CONCOR have been removed from the Standard Index and shifted to the Smallcap Index.
How a strong dollar and mixed Fed signals are pressuring gold and silver prices
In India, 24-karat gold traded at ₹12,513 per gram, 22-karat at ₹11,470, and 18-karat at ₹9,385, with traders noting that a weaker rupee offered limited support amid global softness.
Excelsoft Technologies IPO allotment: How to check status on BSE, NSE, and MUFG Intime India
The IPO consisted of a fresh issue worth ₹180 crore and an offer-for-sale (OFS) of ₹320 crore from existing shareholders.
Fed unlikely to cut rates in December and AI excitement may cool, says Ed Yardeni
Ed Yardeni, President of Yardeni Research highlighted Google’s launch of Gemini 3 as a major challenge to OpenAI’s previously assumed dominance, saying the new development has reopened uncertainty and intensified the competitive race in the AI landscape.
Shaily Engineering shares gain after UBS sees 75% EPS growth, 60% upside
According to UBS, Shaily Engineering Plastics is among the few companies that hold patented technology for fixed dose and auto injector pens. The brokerage is also prepared for the launch of generic GLP1 products.
Karnataka Bank extends gains for second day after Cupid promoter buys stake
Karnataka Bank is the second mid-sized lender where Halwasiya has bought stake, after buying some stake in South Indian Bank in October.
CG Power shares fall up to 2% after ₹600 crore order won by unit cancelled
The order valued at around ₹600 crore, now stands cancelled. The scope of the order won by G.G. Tronics, a CG Power subsidiary, comprised of supply, installation, testing and commissioning of on-board KAVACH equipment as per the RDSO specifications including…
New Labour Laws: Here’s how analysts project Eternal and Swiggy to get impacted
The rules mandate that aggregators such as Swiggy, Eternal and quick commerce firms contribute 1-2% of their annual turnover towards gig-worker welfare, capped at 5% of total payouts made to these workers.
Infosys shares gain after Motilal Oswal upgrades, projects 39% upside on three key factors
Motilal Oswal has raised its financial year 2027-2028 growth estimates, with the brokerage now expecting a 5.5% and 8.5% year-on-year growth in these two financial years, led by a demand recovery, and further acceleration in financial year 2028.