US Stock Markets Today: S&P 500, Dow, Nasdaq Hit Record Highs The main Wall Street indices rose on Friday to hit record highs after the latest consumer price index data indicated that the Federal Reserve could cut rates this year. The Dow Jones Industrial Average rose 565 points or 1.2%, the S&P 500 rose over […]
SEBI Stops Mutual Funds From Investing In Pre-IPO Placements: What You Need To Know The Securities and Exchange Board of India (SEBI) has stopped mutual funds from investing in pre-IPO placements, sources told NDTV Profit. This move is expected to slow down pre-IPO placements, which have been a popular way for fund managers to get
Silver’s Paradox: From Recent Highs To Over 6% Weekly Fall — Where Prices Are Seen Next Silver seems to be losing its shimmer after touching a record high at Rs 1.70 lakh per kg on Oct. 17. The week has been chipping away at the white metal, tarnishing its glory with nearly 6% weekly plunge
Samir Arora on The Stock That Surprised Him: A 150% Return Beyond Expectations Helios Capital founder and fund manager Samir Arora shared insights into his investment strategy and the unexpected windfall from early bets on companies like Ather Energy and Eternal Capital. Speaking to NDTV Profit, Arora emphasised the importance of diversification and the unpredictability
Reliance Industries And Meta Join Forces: Unpacking The AI Joint Venture Reliance Industries Ltd., on Saturday announced the formal incorporation of a new joint venture with Meta Platforms, Inc.’s subsidiary Facebook Overseas, Inc. This move is to focus on developing, marketing, and distributing enterprise AI services, according to the filing. The new entity, named Reliance
LIC Slams Washington Post Report As ‘False And Baseless,’ Denies External Influence On Investments Life Insurance Corporation of India has issued a rebuttal denying a recent report by The Washington Post that alleged its investment decisions, particularly concerning the Adani Group, are influenced by external factors or were guided by a roadmap drafted by Indian
Global Cues to Set the Tone for Indian Markets The week ahead is poised for significant action with a heavy line-up of corporate results, a jam-packed economic calendar, and a key IPO. The markets will closely watch for signals from the high-level meeting between US President Donald Trump and Chinese President Xi Jinping on Thursday.
Seshasayee Paper’s Q2 Results: A Detailed Analysis Seshasayee Paper and Boards Ltd. reported a 21.3% decline in net profit for the second quarter of FY26, with a consolidated bottom-line of Rs 22.4 crore against Rs 28.5 crore in the year-ago period. The company’s revenue also saw a 13.1% decline to Rs 346.3 crore from Rs
Introduction to Gold’s Bull Run and Its Recent Crash Gold, often considered a safe-haven asset, has been on a bull run, scaling fresh highs in the beginning of the week. However, this upward trend was short-lived, as gold prices corrected sharply, plunging 6.3% to $4,082.03 an ounce on Tuesday, marking the biggest drop since 2013.
Lenskart IPO: A New Opportunity for Indian Investors Lenskart Solutions, the popular eyewear products maker, is all set to open its maiden public issue on October 31. The Softbank-backed company aims to raise Rs 2,150 crore via fresh shares, while promoters and investors will be offloading 12.75 crore equity shares via offer-for-sale. The Lenskart IPO