Coforge–Encora deal likely to be long-term positive: Analysts
Coforge’s acquisition of Encora is seen as a transformative, high-stakes deal strengthening long-term capabilities but creating near-term pressure on earnings and stock. Analysts cite the acquisition’s size, valuation, and complexity as reasons for potential short-term stock weakness, though many view the recent correction as a buying opportunity for long-term investors.
Rupee down 8 paise, closes at 89.98 amid foreign fund outflow
The Indian Rupee weakened by eight paise on Monday, closing at 89.98 against the US Dollar. Foreign fund outflows and a downturn in domestic stock markets pressured the currency. Importers’ demand for dollars also contributed to the decline. Analysts anticipate the Rupee to trade within a specific range this week, with key US economic data […]
Syska LED insolvency draws four bidders, including promoter and Mutares Group
Four parties, including the promoter and Germany’s Mutares Group, have shown interest in acquiring Syska LED Lights, which has admitted claims of ₹226 crore. Lenders are scrutinizing bids due to a lack of formal board authorization from one applicant. The resolution process is advanced, with lenders anticipating over 50% recovery.
UBS lifts gold outlook, sees prices rising to $5,000/oz in 2026
UBS on Monday raised its gold target price to $5,000 an ounce over the first three quarters of 2026, before expecting prices to moderate to $4,800/oz by end-2026, up from its earlier forecast of $4,300/oz.
Explained: 6 reasons why silver prices crashed by Rs 21,000 per kg in 1 day
Silver prices tumbled Rs 21,000 per kg on MCX after an overheated rally unravelled, driven by easing geopolitical tensions, extreme deviation from key technical levels, and heavy profit-booking. A margin hike, record weekly gains, and a stronger dollar added to the selloff, abruptly halting silver’s meteoric year-to-date surge.
Silver ETFs post massive gains in 2025. What should investors expect in 2026?
The year 2025 will be remembered for two standout assets: gold and silver. Gold and silver posted some of their strongest returns in over four decades. In 2025, silver jumped about 138%, emerging as the top performer across major asset classes, while gold rose 74.5%, its best annual gain in decades, as reported by ETWealth.
Redeeming mutual fund units to buy a house? Here’s how to claim the Section 54F exemption after this
Are you planning to redeem your mutual fund units to finance a house purchase in Pune, and also intend to sell a house you own in your village, wondering if you can still claim long-term capital gains (LTCG) tax exemption? Here’s what an expert says, as reported by ETWealth.
The tenuous peace between Trump and the $30 trillion US bond market
The U.S. bond market is showing signs of unease. President Trump’s administration is working to keep borrowing costs low. Investors are watching closely as the government manages a large deficit. Recent actions by the Treasury Department aim to stabilize the market. However, underlying concerns about debt levels persist. The market’s reaction to policy shifts remains […]
European shares touch record high as markets resume post-holiday trading
European shares struck a record high on Monday, with basic resources stocks in the lead, as trading resumed following the Christmas and Boxing Day holidays.
2 top stock recommendations from Rajesh Bhosale
Dalal Street enters a subdued holiday mood as 2025 concludes, with benchmark indices struggling for momentum and trading sideways. Market experts suggest a ‘buy on dip’ strategy for Nifty and Bank Nifty, focusing on stock-specific opportunities, particularly in the metals sector. Tata Steel and HPCL are highlighted as promising picks for near-term gains.