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Cat & mouse game: Piyush Goyal shares how PM Modi rejected the RCEP deal
Mumbai, India's financial hub is losing its coastal edge as pollution surges
Mumbai has faced unusually poor air quality throughout October as the average air quality index has sharply increased. According to data, this month has seen significant concentrations of PM2.5 particles that pose health risks. The ongoing El Nio effect is causing slower coastal winds that usually help disperse pollution. Factors such as construction activity and urban development further contribute to the deteriorating air quality.
ISRO is scheduled to launch its GSLV-F18 rocket carrying the NVS-03 navigation satellite at 11:51 pm on October 30 from Sriharikota. The mission aims to strengthen India's NavIC network with an additional L1 navigation signal and improved timing capabilities through an indigenous atomic clock.
Israel's election results give neither Netanyahu nor the opposition a majority. What lies ahead?
Israels election results have left Prime Minister Benjamin Netanyahus bloc with 53 seats and the main opposition with 48 in the 120-member Knesset, triggering weeks of coalition negotiations. Arab-led parties won the remaining 19 seats and could become kingmakers, though their potential role has sparked controversy. If parties fail to form a government, Israel could hold another election early next year.
Wealth is not just a number on your bank statement; its freedom and peace of mind: Deepak Ajwani
IRCTC hotels case: Delhi court defers formal framing of charges against Lalu, others
A Delhi court has adjourned the framing of money laundering charges against Lalu Prasad Yadav and his family members. The judge stated that all accused, except those exempted, must be present at the next hearing. The Enforcement Directorate's case involves the alleged IRCTC hotel scam, with nine of the sixteen accused facing charges. The investigation indicates no political vendetta against Lalu Prasad, despite defense claims.
The government has defended the 52,878 crore IDBI Bank stake sale to Fairfax, saying the reserve price was not changed in round two. The Finance Ministry says the revised process fetched a higher bid of 3,917 crore, while the tax indemnity risk is only 627 crore. Govt and LIC keep 15% and 19%.
Sensex, Nifty turn lower; broader markets crash as oil tops $116/barrel. What lies ahead?
Indian equities turned lower as crude oil prices crossed $116 per barrel, raising concerns about inflation and economic growth. While the Sensex and Nifty posted modest declines, midcap and smallcap indices fell more sharply amid weak market breadth.
Motilal Oswal shares slip despite record half-year profit; stock down 2% in early trade
The stock opened at 1,001, briefly touching a session high of 1,005.35, before retreating sharply to an intraday low of 956, suggesting selling pressure emerged after the initial post-result optimism
NSIC presents Rs 47.76 crore dividend for FY 2025-26; highlights strong financial performance
NSIC Chairman-cum-Managing Director Subhransu Sekhar Acharya presented a dividend of 47.76 crore to Union Ministers. Acharya highlighted NSIC's strong financial performance, including a revenue of 3,767 crore and Profit After Tax of 159 crore. The Union Minister of MSME praised NSIC's role in empowering MSMEs and supporting government initiatives. Discussions on improving MSME partnerships with the Netherlands were also mentioned by Union Commerce Minister Piyush Goyal.
Coal India shares slip 2% after Q2 EBITDA misses despite strong revenue beat
Brokerage reactions were mixed; JM Financial maintained an ADD rating on the stock
Q2 earnings upgrades hold above 50%, says Jefferies. Is the profit cycle turning?
Indias Q2 FY27 earnings show signs of resilience, with Jefferies reporting that 50% of the 105 companies it tracks received FY27 earnings estimate upgrades, while 41% saw downgrades and 9% remained unchanged. The share of companies beating expectations rose to 56% from 52% in the previous quarter, though the recovery remains uneven across sectors.
In 2026, the Nifty 50 index faced significant drops, with 34 out of 50 stocks plummeting by as much as 34%. Analysts believe that the sell-off is driven by foreign institutional investor exits and a conservative outlook on earnings. This decline presents potential opportunities for long-term investors as valuations dip below historical norms.
IndiGo shares rise 3.8% post Q2 results; analysts divided on recovery timeline
The rally comes despite the stock being 15% below its 52-week high of 5,970 hit in November 2025
Godrej Consumer profit rises 14% as Africa, Indonesia cushion India margin pressure
Godrej Consumer Products (GCPL) reported a 14 per cent rise in second-quarter profit as strong sales in Africa and Indonesia, market-share gains in household insecticides and new product launches supported growth, even as rising palm oil and crude-linked input costs squeezed margins in its India business.
Laurus Labs hits 52-week high as strong Q2 results fuel buying
The stock has gained over 139% in the past year and is up 109% year-to-date
Starbucks eyes AI drive-thru tech to help baristas take orders
It is preparing to test AI models to help baristas input orders more accurately and efficiently as they interact with customers
Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while net profit more than doubled to Rs 441 crore. Growth was supported by sustained momentum in its CDMO business and Affordable Medicines division, alongside improving margins and continued investments in manufacturing capabilities.
Govt defends IDBI Bank valuation, says process added 3,917 cr to deal value
The Finance Ministry said the Core Group of Secretaries on Disinvestment had the authority to decide the bidding process, which helped increase the IDBI Bank stake sale value by 3,917 crore
Markets extend previous session's rally amid buying in IT firms, earnings-driven demand in Trent
The 30-share BSE Sensex climbed 138.77 points to 74,289.81 in early trade. The 50-share NSE Nifty was up 38.95 points to 22,967.10
How did crores disappear from PNB customers' accounts? The bank has suspended 12 employees after alleged unauthorised withdrawals at its Greater Noida branch, with customer claims and investigations underway.
Jio Platforms share price up 28% from IPO price. Heres what these 4 brokerages are saying
Jio Platforms shares extended their post-listing rally, rising over 28% in three sessions. Nomura, Motilal Oswal, Dolat Capital and Elara Capital remain positive, citing tariff hikes, 5G monetisation, broadband expansion and digital services growth.
Andhra Pradesh woos South Korea and Japan to build major shipbuilding hubs
Andhra Pradesh is courting South Korean and Japanese shipbuilders to establish major shipbuilding and coast-wide repair clusters across its greenfield ports, leveraging its 1,053 km coastline, deep-sea infrastructure, and industrial land banks.
Stop waiting for perfect role, Mark Cuban tells Gen Z grads: Just get a job
Mark Cuban says even a job at a McDonalds can be a starting point, as it demonstrates to future employers a willingness to take responsibility, work hard and progress.
IG Defence inks MoU with Oman-based firm to explore co-development of advanced systems
IG Defence and Omans MSA Global sign MoU to co-develop and localise advanced systems for Oman and GCC, boosting regional defence manufacturing
In the second quarter of 2027, Ashish Kacholia has made notable changes to his investment portfolio. He has increased his stakes in both Indo SMC and Stove Kraft, which have demonstrated impressive growth this year. Additionally, Kacholia has invested in newly-listed firms like ESDS Software Solutions and Ardee Industries, as well as Credent Connect N Care, reflecting his adaptive strategy amidst evolving market trends.
Reliance Industries Q2 results today: Can the old economy rescue the new Reliance?
Reliance Industries is poised to reveal its Q2 earnings, with anticipation surrounding a notable profit revival in its oil-to-chemicals division. Analysts forecast a rise in consolidated EBITDA, supported by enhanced refining margins and solid petrochemical performance. Jio Platforms should offer consistent contributions, though Reliance Retail may face pressures with shrinking margins. Investors will keep a watchful eye on insights regarding future expansion in new energy ventures.
BLS Polymers IPO allotment likely today; GMP hints at 45% listing gain. Here's how to check status
The shares are scheduled to list on the BSE and NSE on November 3, 2026. A grey market premium (GMP) of Rs 68 suggests potential listing gains of about 45%, although this is not guaranteed. The company plans to use the proceeds for manufacturing expansion, working capital, and general corporate purposes.
Maxwell Engineering, HGS India among 4 SME IPOs to open on October 30; issues to raise Rs 201 crore
Four SME IPOs from Maxwell Engineering Solutions, HGS (India), Vectras Enprocon and Johnsoncab Electricals open for subscription on October 30, seeking to raise a combined Rs 201 crore. Here are the key details, including price bands, lot sizes and listing timelines.
IndiGo shares rise 2% after Q2 losses narrow. What are Jefferies and other brokerages saying?
IndiGo shares gained 2% after the airline reported a narrower year-on-year Q2 loss of Rs 1,879 crore, although profitability remained under pressure from elevated fuel costs and rupee depreciation. Jefferies retained its Buy rating but cut its target price to Rs 5,650, while Nuvama maintained its Buy call with a revised target of Rs 5,435.
Indian equities enter Samvat 2083 after a volatile year and a sharp market correction. While lower valuations have improved the risk-reward profile of several stocks, persistent FII outflows, elevated crude oil prices and global uncertainties remain key concerns. Strong domestic fundamentals and earnings growth could support markets, but returns will increasingly depend on stock selection, valuations and earnings delivery.
Reliance Industries shares down 26% in 2026: Heres how to trade RIL stocks on results day
Reliance Industries has faced a notable drop in its shares by 26% throughout 2026. Investors and analysts are eagerly awaiting the upcoming results announcement. Past quarterly results have evoked varied responses, leading to fluctuations in stock value. Important technical thresholds to keep an eye on include Rs 1,130 acting as a support level and Rs 1,230 identified as a breakout benchmark.
Trent shares rallied after the retailer reported 25% year-on-year growth in Q2 FY27 profit and a 21.9% rise in revenue. Elara Capital upgraded the stock to Buy, while Nuvama maintained its positive stance and Systematix retained Hold.
Core4 Engineers SME shares to list today: Check IPO subscription status and other key details
Core4 Engineers will make its debut on the BSE SME platform on October 30 after its Rs 54.82 crore IPO was subscribed 5.44 times. The NII category led demand with 12.26 times subscription, followed by QIBs at 5.06 times and individual investors at 2.72 times. The IPO was entirely a fresh issue of 58.94 lakh shares.
These green hydrogen projects are expected to attract total investments of around 90,000 crore; 70% are earmarked for exports
Sun Pharma's ILUMYA gets USFDA approval for psoriatic arthritis treatment
The US FDA approval expands ILUMYA's use beyond plaque psoriasis, adding a new treatment option for adults with active psoriatic arthritis
Suzlon Energy shares fell after the company reported a 69% year-on-year decline in Q2 FY27 net profit to Rs 394 crore, despite a 26% rise in revenue driven by record wind turbine deliveries. Nuvama said profit and EBITDA missed estimates. The profit decline was largely due to a high base in the year-ago quarter, when Suzlon recognised a one-time deferred tax asset benefit of Rs 891 crore.
Asian Paints shares will be in focus after multiple brokerages cut their target prices despite the company reporting a 7% year-on-year rise in Q2 FY27 consolidated net profit to Rs 1,068 crore. Revenue grew 17% to Rs 9,977 crore, while expenses rose 19%. CEO Amit Syngle cited sharp raw material inflation and supply constraints stemming from geopolitical disruptions as key challenges during the quarter.
Hero MotoCorp among 4 stocks that closed below VWAP
VWAP represents the average price at which a stock traded during the day, weighted by trading volume.
HDFC Life Share Price Live Updates: HDFC Life's Daily Performance Update
India has defended its record 11,000-crore customs duty demand against Volkswagen in the Bombay High Court, accusing the German carmaker of withholding information and underpaying import tariffs. Volkswagen denies wrongdoing, saying authorities raised the claim long after the alleged imports.
JSW Energy among 6 Nifty500 stocks showing RSI trending up
Six Nifty500 stocks that gained over 5.5% on October 29 featured in StockEdges RSI Trending Up scan, indicating strengthening price momentum as their Relative Strength Index (RSI) values crossed above 50 from below.
Tata Capital among 4 Nifty500 stocks closing above VWAP
Four Nifty500 stocks closed more than 1.5% above their respective volume-weighted average prices (VWAPs) on October 29, according to StockEdges technical scan, indicating that they ended the session above their average traded prices.
Milky Mist Dairy Food reported a 175% year-on-year jump in Q2 FY27 net profit to Rs 75 crore, while revenue rose 42% to Rs 1,089.4 crore, driven by higher volumes and strong demand for value-added dairy products. EBITDA margin improved to 15.17% from 13.95% a year ago, aided by operational efficiencies and a favourable product mix.
Vedanta lines up $25 bn investment over next three years for organic growth
The Vedanta Group has lined up USD 25 billion in investments over the next three years to expand capacities across its existing businesses through organic growth and brownfield expansions, a top company official said. Vedanta founder and chairman Anil Agarwal, who was in the city on Wednesday, said the conglomerate would focus on its existing assets for growth, while remaining open to acquiring public sector assets if opportunities arise. Current capex plans are for organic growth in aluminium, copper, zinc, oil and gas. All will be brownfield expansions, he said. We are going to invest around USD 25 billion, Agarwal said. The capital expenditure would also support Vedanta's ambition to become one of the world's largest mining companies in critical metals, and emerge as a leading silver producer within three to four years, he said. The group, which comprises 10 major companies, aims to grow its overall business from USD 30 billion to USD 50 billion within three years, Agarwal
Adani Enterprises among 4 Nifty500 stocks showing White Marubozu pattern
Four Nifty500 stocks that gained over 4% on October 29 featured in StockEdges White Marubozu bullish scan, signalling strong upward price momentum during the trading session.
Coal India Share Price Live Updates: Coal India Ltd Stock Details
Britannia Share Price Live Updates: Britannia's Market Decline
Bajaj Auto Share Price Live Updates: Bajaj Auto's Current Trading Price
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Latest Stock Price
Grasim Inds Share Price Live Updates: Grasim Industries Price Movement Analysis
Tata Consumer Share Price Live Updates: Tata Consumer's Stock Price Analysis
HDFC Bank Share Price Live Updates: HDFC Bank Stock Details
JSW Steel Share Price Live Updates: JSW Steel Faces Minor Price Drop
L&T Share Price Live Updates: L&T's Recent Trading Activity
Cipla Share Price Live Updates: Cipla's Market Update
Bayer won its first Roundup cancer trial since a US Supreme Court ruling restricted plaintiffs legal arguments. The verdict could influence around 65,000 pending claims as Bayer pursues a proposed $7.25 billion settlement.
Sun Pharma Share Price Live Updates: Sun Pharma Surpasses Key Moving Average
NTPC Share Price Live Updates: NTPC's Positive Trend Noted
More than 200 passengers, most of them Americans, were stranded in Cambodia after residential cruise operator Villa Vie Residences suspended MV Odysseys voyage amid soaring fuel costs linked to the US-Iran war. Founder Mikael Petterson says he plans to file for bankruptcy.
Hindalco Share Price Live Updates: Hindalco's Market Activity
SBI Share Price Live Updates: SBI's Monthly Return Analysis
Apollo Hospital Share Price Live Updates: Apollo Hospital's Trading Volume Analysis
NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme Court
The Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals. The court emphasized the need for NCLT and NCLAT to gain full autonomy over their staff. It criticized arrangements outsourcing tribunal staff recruitment to private companies, which could jeopardize existing contractual employees. The court urged comprehensive proposals from NCLT and NCLAT presidents to improve operational requirements.
Biodiversity finance impasse clouds COP17 closing talks
Finance has become the main sticking point at COP17 in Armenia, with India, Brazil, China and other developing countries opposing efforts to widen the pool of nations contributing to biodiversity funding. They argue developed countries should first meet existing commitments, while the EU and others support bringing more countries into the funding base as negotiations remain deadlocked ahead of the summits close.
AI firm AM Intelligence seeks $3 billion financing for Nvidia chips order
The funding package for the company, established by the founders of renewable energy producer Greenko Group Plc, could comprise of bonds and bank loans
Cognizant cuts Project Leap cost estimate to $180250 million; headcount rises
IT services firm reports 10,100 more employees year-on-year; quarterly employee separation costs stood at $46 million; CEO says over 50% of its code is AI-assisted
M&M Share Price Live Updates: M&M's Positive Trend Alert
Bajaj Finance Share Price Live Updates: Bajaj Finance's Performance on the Last Trading Day
'You look like hell': Trump body-shames journalist on questions over cancelled rallies
US President Donald Trump verbally attacked a journalist during a tense press exchange after being questioned about his health and cancelled weekend campaign rallies in Kansas and Iowa, insisting he is in perfect health and shifting to virtual tele-rallies instead.
Mbappe, Real Madrid and La Liga face long road to redemption in China
Kylian Mbappe, Real Madrid and La Liga have apologised after the footballer sparked outrage in China with comments about former leader Mao Zedong. The controversy has led major Chinese brands to cut ties with the French striker, while La Liga matches have been pulled from state broadcaster CCTV. Experts warn that the apologies may not be enough to repair the damage to their reputation and commercial interests in the country.
Trent net profit up 25% despite cost pressures and stiff competition
Tata's Trent retailer reported significant financial success, posting a 25% rise in net profit, which hit 468 crore for the quarter ending in September. The company's revenue jumped by 22%, reaching 5,873 crore. While geopolitical instabilities and inflation posed challenges, Trent executed strategic sourcing initiatives and expanded its presence by opening 29 new locations, consolidating its portfolio and reflecting a positive consumer outlook in the retail sector.
SC cracks down on banks, seeks mandatory payouts to cyber fraud victims
The Supreme Court has questioned the Reserve Bank of India's effectiveness in preventing digital fraud. Financial institutions must be held accountable for their role in cybercrime under new regulations. A mandatory liability clause is essential to ensure victims are compensated for losses. The court emphasizes that banks should enhance preventive measures against unusual transactions. The Attorney General mentioned that the RBI is working on regulations to address these issues.
Godrej consumer profit rises 14%, weighs calibrated price hikes to offset inflation
Godrej Consumer Products is bracing for rising commodity inflation as it approaches the December quarter, driven by escalating costs. The firm expects to raise prices on soaps and liquid detergents to sustain its growth trajectory. Aasif Malbari, the chief, mentioned a significant single-digit inflationary effect on operations in India and Indonesia.
Cos splurge on execution-focused leaders
India's executive search firms are experiencing a surprising growth despite broader job market challenges such as layoffs, artificial intelligence (AI)-driven disruptions and heightened geopolitical uncertainties. Business increased 15-25% in the first half of this financial year, and the momentum continues to be strong, fuelled by a broad range of sectors, according to executives from leading search firms.Companies are willing to spend heavily on leaders capable of navigating disruption and executing large investment plans, in an apparent contradiction to the larger market, which is seeing many organisations cutting roles, automating functions and becoming more cost-conscious, they said.Manufacturing, industrials, power, infrastructure and global capability centres (GCCs) are among the strongest drivers, while financial services and technology are showing renewed demand, particularly in specific segments. Consumer, retail and some traditional IT services remain more measured, but even in these sectors, companies are scouting for leaders who can improve productivity and profitability or reposition businesses.The market is growing at more than 25% (year-on-year) on a large base. This is our best year, said Atul Vohra, managing partner of Transearch India. All consultants are working at 110%, he said, adding that the firm is expanding its teams as demand remains high across sectors.Vohra highlighted thousands of crores of new investment, particularly in manufacturing, chemicals and infrastructure, as a key driver of leadership demand. We were sceptical in the January-March quarter, fearing that companies would become conservative, but that did not happen. The India growth story is fundamentally strong, he said.Investments and focus on new areas are creating a demand for senior executives even in industries where automation is reducing conventional employment. Large projects in areas such as data centres, renewable energy and clean tech require leaders capable of building businesses and executing complex expansion plans. Technology presents a similar paradox: companies are hiring aggressively in AI and adjacent areas to cash in on new opportunities, even as AI may make some jobs redundant.The last two quarters have been very good, up 25-30%, said Shiv Agrawal, managing director at search and talent advisory firm ABC Consultants. Manufacturing, infrastructure, industrials, power, auto have been particularly strong, he said, while consumer, retail and fast-moving consumer goods have remained sluggish. Technology, he said, was decent, leaving the overall market firmly positive.BTI Executive Search managing director James Agarwal said conditions stabilised after a challenging start to the year. Energy, utilities and core manufacturing, including greenfield and brownfield projects, are performing well, according to him.K Sudarshan, managing director at executive search firm EMA Partners India, said the market was looking pretty good, with industrial and manufacturing mandates looking particularly strong and financial services showing a revival. He pointed to a flurry of public listings and domestic capital raising as evidence of the market resilience despite geopolitical concerns and foreign investor caution.
Coal India reports 57% rise in net profit to Rs 6,547 crore in Q2
Coal India Ltd reported a significant increase in consolidated net profit for the quarter ended September. The company's net profit reached 6,547 crore, up from 4,167 crore a year earlier. Revenue from operations grew to 44,179 crore, driven by higher product sales as total income also increased. Total expenditure for the period rose to 38,398 crore due to various costs.
Suzlon Energy Q2 profit up 1.3%, revenue rises 26%
Suzlon Energy has announced a 1.3% increase in consolidated net profit for the second quarter of FY27 compared to the previous year. This growth in revenue is attributed to a surge in wind turbine deliveries, resulting in a total of 710 MW delivered in this quarter versus 565 MW from last year.
SFC Environmental Technologies IPO subscribed 9.5 times on final day
The IPO of SFC Environmental Technologies with an issue size of 667.5 crore was subscribed 9.5 times on the last day of bidding on Thursday. The QIB portion was subscribed 18.8 times, while NII subscribed their portion 12.8 times.
BLS Polymers IPO subscribed 241 times on final day of bidding
The IPO of BLS Polymers with an issue size of 255 crore was subscribed 241.2 times on the final day of bidding on Thursday, as per exchange filing. The QIB portion was subscribed 200.25 times, while NII category subscribed 559.20 times. Our Bureau
Hero MotoCorp bets on premiumisation, EVs to sustain growth momentum
Hero MotoCorp has seen notable revenue growth in the September quarter, buoyed by soaring sales volumes. The company's market share climbed to 7.3%, thanks to heightened demand for scooters and VIDA electric vehicle sales. With plans for new premium motorcycle launches and an expansion of EV production, Hero anticipates a revival in international markets, projecting growth in exports for the latter half of FY27.
Noel, Chandra secret truce talks reach no conclusion
Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata held talks aimed at easing tensions over key governance issues, including a possible Tata Sons listing, the Shapoorji Pallonji Groups stake and Chandrasekarans reappointment, but the meeting ended without a resolution. The dispute deepened the next day when Noel Tata challenged decisions taken at the September 17 Tata Sons board meeting and sought records related to the approval of Chandrasekarans new term.
Bulls return as Fed rate pause, dip in US yields lift sentiment
Indian equities experienced a broad recovery as Sensex rose significantly and Nifty surpassed 22,900. This increase followed the US Federal Reserve's decision to keep interest rates unchanged, encouraging investor buying across sectors. While many indices gained, oil prices remained a concern for India's economy due to their elevated levels. Foreign portfolio investors continued to net sell shares, contrasting with the strong buying from domestic institutions.
Axis Trustee gives Yes Bank three working days to restore 8,415 crore AT1 bonds
In a notice dated 28 October, Axis Trustee Services Ltd, which represents investors holding the bonds, asked Yes Banks managing director and board to restore the bonds in its register of holders to their status before the March 2020 write-off
Lab Rats series: A Bengaluru startups bid to drug the undruggable
Backed by an 86 crore government grant and 70 crore Series A funding, Peptris Technologies is leveraging generative AI to build a preclinical pipeline targeting rare diseases and previously undruggable proteins.
Stocks in news: RIL, Jio, Trent, Suzlon Energy, IndiGo, Vedanta Power and RVNL
On Thursday, Indian equities experienced a recovery, with Nifty closing above the 22,900 mark. Stocks such as Reliance Industries, Jio Platforms, and IndiGo are expected to remain in focus. Several companies reported varied profit results for the September quarter, impacting market sentiment. Regulatory developments and credit rating updates are also being closely monitored by investors. The upcoming earnings announcements from notable companies will further influence market activity.
Kotak Bank shares gain 30% since April as earnings outlook brightens
Kotak Mahindra Bank shares experienced a significant rise, reaching a record high as growth prospects improved. The stock has shown a substantial increase of nearly 30% since April. Analysts anticipate stronger earnings attributed to various financial factors such as credit growth and higher lending rates. Improved asset quality and lower credit costs are expected to enhance profitability. This positive trajectory follows a period of stagnant performance between 2021 and 2024.
Advance-decline ratio hits 7-month low as market breadth weakens
The advance-to-decline ratio in the stock market indicates underlying weakness, despite some index gains. The BSE MidCap 150 and BSE SmallCap 250 have both seen declines this month. Various factors such as profit-booking and high valuations contribute to this market trend. Institutional money is increasingly favoring larger companies with stable earnings. Overall market conditions remain uncertain due to external economic pressures and geopolitical risks.
Wall Street today saw one of the shocking losses as Google-parent Alphabet sufferedthe worst day since the company began trading at the US Stock Market.
