Sun Pharma shares rally 4% as Q3 profit surges 16% YoY; co announces interim dividend
Sun Pharma shares rose sharply on Sunday after the company reported a 16% YoY rise in Q3 net profit to Rs 3,369 crore, supported by strong India business and improved margins. The firm also declared an interim dividend of Rs 11 per share, further boosting sentiment despite cautious institutional activity.
Bitcoin slides near $78,800 amid Fed leadership change and geopolitical tensions
Bitcoin slipped to nearly $78,800, down over 6% in 24 hours, as markets reacted to the Fed leadership change and rising geopolitical tensions. Risk-off sentiment deepened after Kevin Warsh was named the next Fed Chair, pressuring major altcoins and dragging global crypto market capitalisation below $2.7 trillion.
Budget should prioritise manufacturing incentives to boost jobs and income: Nilesh Shah
India’s economic growth is shifting focus from consumption to manufacturing and investment. Structural reforms have boosted consumption selectively. The next phase requires a holistic approach to manufacturing, encouraging entrepreneurship in less developed regions. Attracting domestic and foreign capital through tax reforms is crucial. Income growth driven by manufacturing and exports will sustainably revive consumption.
NALCO, Hindustan Copper, Vedanta shares slump up to 19% sink as metal rout deepens; Here’s why
Metal stocks tumbled on Budget Sunday as gold, silver and copper prices slumped, dragging Hindustan Copper down 19% and knocking the Nifty Metal index lower. The sell-off followed a sharp correction in commodities triggered by a stronger dollar and market jitters after Donald Trump named Kevin Warsh as his pick for the next US Federal […]
Gold, silver ETFs: BSE imposes 20% circuit limit after metal meltdown
BSE has imposed a 20% circuit limit on Gold and Silver ETFs after an unprecedented crash in bullion prices, anchoring trades to T-1 NAV to curb wild volatility. The move follows sharp declines in MCX gold and silver futures, which triggered steep ETF losses amid a stronger dollar and global uncertainty.
Budget 2026 comes at a precarious time for markets, says Radhika Gupta
As India braces for its Union Budget, market participants are keenly observing policy measures to curb capital outflows and boost investor confidence. Edelweiss Mutual Fund CEO Radhika Gupta expressed caution, highlighting global uncertainties and tariff threats. She anticipates a focus on capital expenditure in defence, infrastructure, and manufacturing, alongside job creation and technology sectors.
IFCI shares in focus after SEBI clears NSE IPO path
IFCI shares may draw attention in the special Budget session after SEBI granted clearance for NSE’s long-awaited IPO. IFCI holds indirect exposure through its majority stake in SHCIL, which owns shares in NSE, making the stock sensitive to developments around the exchange’s proposed listing and investor sentiment closely.
Budget Day stocks: 10 picks for your watchlist & why analysts suggest a buy-on-dips strategy
Investors are watching the Union Budget for fiscal consolidation and growth spending. Analysts recommend buying quality stocks on dips, especially in infrastructure, defence, power, and housing. Key themes include sustained public capex, targeted support for rural demand, and thrust on renewables. Companies in these sectors are expected to benefit from government initiatives and policy continuity.
MCX shares in focus on Budget day amid silver and gold sell-off
MCX shares plummeted 10% as gold and silver prices crashed 6% each, extending Friday’s worst-ever selloff. Profit-taking and a strengthening US dollar drove the correction. The exchange will hold a special Sunday trading session for the Union Budget 2026 presentation.
Sell America Is the New Trade on Wall Street
Investors are now selling American assets. This trend began after tariffs caused market turmoil. Recent policies from the Trump administration are causing renewed investor worry. This shift is leading to a weaker U.S. dollar. Gold and silver prices have reached record highs. The U.S. stock market has stalled. International investors are seeing a significant change […]