Analysts anticipate cautious market sentiment until the GDP data release on Friday. (AI image) Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Nifty’s attempt to break the 2024 September high and set a new record is facing resistance particularly from resumption of big FII selling which touched Rs 4171 crores in the cash…
File photo (Picture credit: AP) Asian stocks climbed on Tuesday, buoyed by growing expectations that the US Federal Reserve will cut interest rates in December, while crude prices steadied as traders balanced geopolitical uncertainty with forecasts of a softer oil market next year.As per Reuters, MSCI’s index of Asia-Pacific shares excluding Japan rose 1%, led…
BENGALURU: Hindustan Aeronautics (HAL) fell about 8.5% to an intraday low of Rs 4,205 on BSE after a Tejas fighter aircraft crashed during a demonstration at the Dubai Air Show. The Tejas is part of India’s indigenous light combat aircraft programme developed by the Bengaluru-based aerospace and defence company. The stock later pared some losses…
Emkay Global has downgraded ACC to sell due to weak margin trends and slower capex execution with the target price cut sharply to Rs 1,600 from Rs 2,280. Analysts said that ACC’s valuation revised to 7x EV/EBITDA (economic value/earnings before interest, taxes, depreciation and amortisation from 9x given deteriorating fundamentals. They have cut ACC’s FY27…
NEW DELHI: India’s economy will expand by 6.5% in current fiscal year, led by robust domestic growth and strong consumption, despite the impact of US tariffs, S&P Global ratings said on Monday“We anticipate that India’s GDP will grow by 6.5% in fiscal year 2026 (ending March 2026) and 6.7% in fiscal 2027, with risks evenly…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks investors can consider buying today on November 25, 2025 are: Bajaj Auto, L&T Finance, and Tech Mahindra. Let’s take a look: Bajaj Auto – Buy in the range between…
MUMBAI: Benchmark sensex declined by 331 points and Nifty closed below the 26,000 mark on Monday amid last-minute selling by cautious investors and foreign fund outflows.Paring early gains, the 30-share BSE sensex declined by 331 points to settle below 85,000 at 84,901. During the day, it dropped 522 points to 84,710. The 50-share NSE Nifty…
MUMBAI: Non-bank finance companies are likely to maintain growth in assets under management at 18%, despite a cautious approach on lending in certain buckets due to high customer leverage, Crisil Ratings said on Monday. The overall AUM for the industry is expected to touch Rs 50 lakh crore by end of FY27 on the back…
The launch of Parisian luxury department store Galeries Lafayette earlier this month in Mumbai pits it against Reliance Industries‘ Jio World Plaza, a mall which houses boutiques of more than a dozen luxe brands like Gucci and Dior, taking competition between the two corporate biggies notches higher.Galeries Lafayette operates in India in partnership with the…
MUMBAI: Credit card usage rose in October 2025, when festival demand lifted the number of transactions even as the average ticket size fell dragging down value of transactions. Volumes increased 4.6% from Sept to 51.8 crore, but the total value of card spending declined 1.1% to around Rs. 2.1 lakh crore because shoppers made more…
