Uncategorized

Shares in Japan, Australia and South Korea all retreated at the open, echoing a lackluster mood in New York trading.

Brent was near $61 a barrel — on track for a 2.8% weekly drop — while West Texas Intermediate traded above $57.

Not only shares of the two regional lenders fall, it took down with them a regional banking ETF that is closely tracked by 6% on Thursday. The top 74 banks of the US also shed $100 billion in market capitalization…

The US Dollar index slipped further, now below levels of 98.5 after a recent dash towards 100, while the 10-year yield fell below the 4% mark. The shorter-tenor two-year yield fell to the lowest since 2022, while Gold and Silver…

Investors will watch for commentary on the NIM trajectory and management’s outlook on loan growth in the second half, as system-wide credit momentum cools.

The company’s total income rose 69.96% year-on-year to ₹6,226.54 crore compared to ₹3,663.47 crore in Q2 FY25. EBITDA surged 155.29% YoY to ₹1,567.30 crore, with margins improving to 25.17% from 16.76%. Shares of Waaree Energies Ltd ended at ₹3,624.70, up…

Key corporate updates include steady IT growth from Infosys and Wipro, while Cyient’s profits slipped amid challenges. Jio Financial, LTIMindtree, and CIE Automotive posted strong revenue gains, and JSW Energy and Infrastructure secured long-term deals. BEML, Godrej Industries, Metro Brands,…

Buying momentum remained firm throughout the day as the bulls dominated trade, keeping prices steadily higher without any notable intraday pullback.

Godrej Industries has raised its stake in Godrej Capital to 91.11% through a ₹409 crore rights issue. The move strengthens GIL’s investment platform, with GCL reporting ₹1,620 crore consolidated income for FY25.

This year has seen a historic surge in precious metals. Experts Feroze Azeez, Lakshmi Iyer, and Kunal Shah discuss the gold rally, investor strategies, the role of gold as a portfolio diversifier, and the technical nature of gold trading, while…