Gold creates history, hits Rs 1 lakh mark for the first time riding on dollar weakness
Gold prices soared to unprecedented levels on Monday, reaching Rs 1 lakh per 10 grams in the physical market after accounting for GST. The MCX June gold contracts also hit a record high of Rs 97,288 per 10 grams, marking a significant surge of over 2% in a single day.
Continuum Green Energy gets Sebi nod for Rs 3,650 crore IPO
Continuum Green Energy has secured Sebi approval for its ₹3,650 crore IPO, comprising a ₹1,250 crore fresh issue and ₹2,400 crore OFS. The proceeds will help repay subsidiary loans and fund corporate purposes.
78% smallcap mutual funds outperform their benchmarks in one year. Have you invested in any for your portfolio?
Around 78% of smallcap mutual funds in India outperformed their benchmarks in the past year, with 21 out of 27 funds exceeding expectations. Top performers included Bank of India Small Cap Fund and Invesco India Smallcap Fund. However, six funds, including Baroda BNP Paribas Small Cap Fund and Quant Small Cap Fund, failed to beat […]
Breakout Stocks: How to trade BSE, ICICI Bank and HDFC Bank that hit fresh record highs?
Markets ended higher for the fifth straight session Monday, with Sensex surging 800+ points and Nifty closing above 24,100. Gains were led by energy, auto, IT, and realty sectors.
Eternals’ FII cap signals stronger push into quick commerce with inventory-led strategy: Karan Taurani
Elara Securities’ Karan Taurani views Eternals’ move to cap FII ownership positively, paving the way for inventory-led quick commerce growth. This shift allows better control over quality, pricing, and private labels, especially in sensitive sectors like medicine. Data localization norms also benefit Eternals as a domestic entity.
Swaminathan Aiyar sees 90-day lull as calm before the next trade storm
Amidst trade tensions, China’s restrictions on rare earth mineral exports are sending ripples through the global auto industry, potentially affecting India. While a 90-day pause offers a temporary respite, uncertainty looms as Trump’s trade strategies and China’s firm stance could lead to further disruptions. India’s resilience may offer some advantage, but the ultimate impact remains […]
Angel One shares rally 5% on announcing Rs 26 dividend despite Q4 profit slump. Here’s what brokerages say
Angel One’s shares surged 5.4% despite a 48.7% drop in Q4 net profit and a 22.2% revenue decline. The company announced a final dividend of Rs 26 per share for FY25. While ICICI Securities downgraded the stock, HDFC Securities maintained a ‘Buy’ rating, citing potential upside, and the firm highlighted strong annual performance despite regulatory […]
FIIs return, earnings lift sentiment ahead of expiry week: Sandip Sabharwal
So, banks are pretty well placed and as the result season plays out, we will see more data points but this quarter result expectations in any case were lower. Overall financial year 25-26 the outlook still remains positive.
Tariffs will positively impact India; pharma, metals attractive sectors: Anshul Saigal
Saigal Capital’s founder, Anshul Saigal, anticipates tariffs positively impacting India, presenting buying opportunities post-volatility. He sees value in companies benefiting from volume and price increases, particularly in pharma (CDMO) and metals. Despite tech’s potential, high valuations make it currently less appealing, with uncertainty creating opportunities in specific sectors like textiles.
Infosys shares surge 3% despite 12% YoY decline in Q4 profit. Should you buy, sell or hold?
Infosys reported a 12% YoY drop in Q4 profit to Rs 7,033 crore, with revenue rising 8% but declining 3.5% QoQ in constant currency. FY26 guidance was muted at 0–3% growth. Brokerages maintained cautious stances, citing macro uncertainty and delayed deal conversions, though free cash flow hit record levels, and margins improved marginally.