The Sensex and Nifty traded higher on Friday after a volatile start, supported by sustained foreign fund inflows and relatively moderate crude oil prices. The Sensex initially gained 33 points before gathering momentum to rise 443.87 points to 79,760.10. The Nifty, which had slipped 52.95 points in early trade, recovered to trade 81 points higher…
MUMBAI: Gold loan defaults have nearly doubled in five months even as outstanding balances tripled over three years, pointing to a rise in stress in a rapidly expanding segment of the lending market. Loans overdue by more than 90 days accounted for 0.3% of the portfolio in Aug 2026, up from 0.2% in March 2026….
Top stocks to buy today on November 6, 2026 Stock market recommendations: APL Apollo Tubes, Lenskart, and Anthem Biosciences Limited – Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One has identified these as the top stocks to buy today on November 6, 2026. Here’s his analysis:Buy APL Apollo Tubes at Rs 2194-2190; Stop…
Rupee gains against US dollar MUMBAI: The rupee gained 16 paise to close at 94.48 against the dollar Thursday, its strongest level in two weeks and fifth consecutive session of gains, as foreign investor buying resumed and crude oil prices fell below $100 a barrel. Dealers attributed the improvement in inflows partly to portfolio reallocation,…
NEW DELHI: Mahindra & Mahindra’s consolidated net profit rose 25% to Rs 4,588 crore in the Sept quarter, as strong growth in its automobile business offset a decline in farm earnings. Revenue increased 25% to Rs 57,553 crore.Mahindra’s auto business reported a 55% increase in consolidated profit to Rs 2,388 crore, with revenue rising 39%…
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 57.3% year-on-year jump in standalone net profit in the Sept quarter, driven by higher crude oil and natural gas realisations despite a decline in production. Profit stood at Rs 15,488.6 crore compared with Rs 9,847.9 crore in the year-ago period. Source link
MUMBAI: Mehli Mistry, former trustee of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, has contested Noel Tata’s qualification to sit on the same board under the trust’s century-old deed, raising questions about his faith, citizenship and residence.In a rejoinder filed before the Maharashtra Charity Commissioner on Thursday, Mistry sought directions requiring Noel to file…
US President Donald Trump MUMBAI: A global rally in stocks post Americans’ rebuke to Trump’s policies through the recent midterm polls lifted investor sentiment on Dalal Street on Thursday with the sensex closing 2,009 points or 2.6% higher at 79,310 points – the highest level in eight months.Since Wednesday, after US poll results started coming…
Several factors are working to drive the current rally, the most important one being expectations of relief on long term capital gains (LTCG) tax for investors. Indian equity markets recorded their sharpest single-day rise in seven months on Thursday, supported by a decline in oil prices following the Democrats’ sweeping victory in the US midterm…
The potential impact on market activity is another important consideration for doing away with LTCG. The State Bank of India (SBI) in its recent research report has listed ways in which the government can look at doing away with the long term capital gains (LTCG) tax without taking a major hit on its revenue collections.The…
