Rupee down 22 paise to 90.20/dollar amid disappointing macro data
The Indian rupee depreciated by 22 paise to settle at 90.20 against the US dollar on Friday. This decline was attributed to disappointing macroeconomic data, foreign fund outflows, and strong dollar demand from importers. However, weak crude prices and a surge in domestic equities provided some support.
Insurance a long game with hurdles, foreign investors unlikely to rush in
India now permits full foreign ownership in insurance firms. However, industry experts believe this change will not immediately bring many new foreign companies. Setting up an insurer requires substantial investment and a long-term view in a competitive market. Existing joint ventures might see increased stakes, but new ventures from scratch are unlikely.
Cupid shares plunge 20% on profit booking, end 13-session unbeaten rally
Cupid shares fell sharply on Fridat after a 13-session unbeaten rally, driven by heavy profit booking and strong volumes. The stock, which hit a 52-week high on Thursday, remains deeply overbought with RSI at 93 and MFI at 100. Despite the correction, Cupid has delivered 452% returns over the past year.
Coal India shares rally 7% to hit fresh 52-week high on permitting direct foreign participation in coal e-auctions
Coal India shares surged to a 52-week high after announcing that foreign buyers from Bangladesh, Bhutan, and Nepal can directly participate in SWMA e-auctions from 1 January 2026. The move aims to enhance transparency, efficiency, and global market integration.
Multibaggers: 10 stocks with profit margins above 10% for 8 straight quarters. Do you own any?
A recent analysis of the BSE universe shows that several companies have consistently maintained healthy profit margins, reflecting strong operational efficiency and supporting sustainable growth. Such stability continues to build investor confidence in these firms. Our study identified 184 such companies with a market capitalisation exceeding Rs 2,500 crore that have maintained a profit margin […]
Euro zone bond yields edge up on first trading day of new year
Euro zone government bond yields rose on Friday, with investors looking ahead to a year that will be marked again by hefty new debt sales, the impact of German fiscal stimulus and geopolitical headwinds.
Multi-asset funds deliver stellar gains in 2025. How much did the metals rally contribute?
Multi-asset allocation funds emerged as the standout performers in 2025, powered by the sharp rally in precious metals that overshadowed returns from the equity market, as reported by ET Bureau.
Commercial vehicle stocks at a turning point. Can Ashok Leyland, Tata Motors, and Force Motors deliver in 2026?
India’s commercial vehicle sector may be nearing a recovery in 2026 as improving sales trends, supportive policy measures and infrastructure-led demand lift sentiment. Analysts and management commentary point to early signs of an upcycle, with buses, trucks and tractors benefiting from GST reforms, public spending and favourable rural conditions.
2 top stock recommendations from Dharmesh Shah
Indian markets begin 2026 with significant gains. The Bank Nifty has surpassed 60,000, and the broader Nifty is targeting 26,700. Market strategist Dharmesh Shah anticipates continued upward movement. Key stock recommendations include L&T and Adani Port, both showing strong technical setups for potential growth in the new year.
Copper’s bull run not over yet: After 60% surge in 2025, all eyes on 2026 outlook as analysts predict further upside
Copper enters 2026 with strong momentum after a record 2025 rally, driven by intensifying supply deficits and accelerating energy transition demand. Analysts foresee further upside, with potential for 30-35% gains as China’s infrastructure push regains traction and global interest rates remain low.