India Pushes To Expand Rupee Settlement With Key Trade Partners
India’s central bank is taking steps to allow free-trade partners to settle transactions in the rupee, a move that could boost the local currency over time.
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India’s central bank is taking steps to allow free-trade partners to settle transactions in the rupee, a move that could boost the local currency over time.
Hindustan Zinc’s Q2 FY26 results have been reviewed by Systematix, which has upgraded the stock to ‘Buy’ citing silver as a growth driver. Get the latest updates on the Indian stock market and Hindustan Zinc’s performance.
As Samvat 2082 begins, India’s stock market is poised to maintain its momentum. The Nifty 50 index delivered a moderate return of 6%, while the Nifty Bank was the standout performer among the major indices, posting a strong gain of 12%.
The NSE Nifty 50 and BSE Sensex indices ended at over one-year high on the last day of Samvaat 2081, with bank stocks leading the surge. Reliance Industries Ltd., Bharti Airtel Ltd., State Bank of India, and Axis Bank contributed the most in the gains.
Reliance Industries Ltd., HDFC Bank Ltd., RBL Bank Ltd., IDBI Bank Ltd. and ICICI Bank Ltd. are some of the stocks that will catch investors’ attention on Monday. Here are some of the notable corporate announcements that came after Friday’s market hours.
HDFC Bank’s Q2 results show strong loan growth and a positive margin outlook, leading to an earnings upgrade and a ‘buy’ rating from Jefferies.
Jefferies has raised the target price for Muthoot Finance by 31% due to its strong fundamentals and the recent gold price rally. Find out how this affects Indian investors and traders.
Dixon Technologies India Ltd.’s diversification and expansion into non-mobile manufacturing segments have inspired confidence on the Street for future growth levers. The second-quarter results have also met expectations.
Reliance Industries Ltd. share price jumped nearly 3% after its second quarter results met Street expectations. What does this mean for investors and how will it impact the Indian stock market?
HDFC Bank’s Q2 earnings have led to a surge in its stock price, with Jefferies maintaining a ‘buy’ rating and increasing the target price. Get the latest updates on the Indian stock market and HDFC Bank’s performance.