18 C 
Stock market holiday: NSE, BSE to remain closed for Diwali-Balipratipada
Stock market holiday today: Stock markets will remain closed on Tuesday, November 10, on account of Diwali-Balipratipada.
EXCLUSIVE-Anthropic sends out, then retracts details of IPO filing, emails show
Anthropic sent out and then retracted details of its blockbuster IPO filing, according to emails to bankers seen by Reuters late on Monday. The artificial intelligence company first sent a copy of a filing that showed Anthropic aimed to sell about 867 million shares in a p
Oil falls as Trump downplays prospect of escalation with Iran
Oil prices fell due to President Trump's announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel while WTI futures reached $86.50. Trump stated he would maintain a naval blockade in the Strait of Hormuz temporarily. OPEC's oil output increased in October, supported by higher production from Saudi Arabia and Kuwait.
SP Group arm to tap bond pipeline to raise Rs 1,500 crore
Shapoorji Pallonji Group's financing unit Eqyizen Investment is planning to raise 1,500 crore through a tap issue. The fundraising is scheduled around November 23 and will support refinancing efforts and liquidity needs. Proceeds will be allocated for repaying existing bondholders and funding group entities. The company aims to negotiate with bondholders to relax existing covenants governing the use of proceeds.
Gold dips ahead of US inflation data
Gold prices edged lower in early Asian trade on Tuesday as investors awaited US inflation data later in the day for clues on the Federal Reserve's next policy move.
Global Market Today: Asian stocks rally after US tech surge, oil slump
South Korea
Corporate India turns to non-permanent hiring as business uncertainty deepens
Non-permanent employees accounted for 17% of the workforce at 353 BSE 500 companies in FY26, up from 11% three years earlier, as companies prioritise flexibility over long-term employment commitments.
Nvidia plunges but tech shares rebound, oil prices slump
Nvidia shares slumped more than 8% as trading got under way in New York but recovered to stand down more than 5% in early afternoon trading
Senior citizens can earn up to 8.6% on five-year FDs. Suryoday Small Finance Bank offers the highest rate, followed by Jana and DCB Bank at 8%. Here is a comparison of FD rates across small finance, private and public sector banks.
RBI extends supersession of Abhyudaya Co-operative Bank Board for one more year
The Reserve Bank of India has extended the supersession of the Board of Directors of Abhyudaya Co-operative Bank. This extension will be effective until November 24, 2025, continuing a period of oversight. The RBI aims to address governance standards that raised material concerns regarding the bank's operations. Satya Prakash Pathak remains the Administrator, overseeing the bank's management during this time.
HSBC upgrades Indian equities to 'overweight', downgrades China
Foreign brokerage HSBC has upgraded Indian equities to 'overweight' from 'neutral' following recent market corrections, citing strong credit growth, resilient earnings, and measures supporting growth. Concurrently, it downgraded Chinese stocks to 'neutral' due to weak consumer confidence and property market pressures.
Trump administration's embrace of perp futures sets off risk alarms for Wall Street stalwarts
The decision by the Trump administration to launch perpetual futures has sparked significant worry among market stakeholders. Leaders from established exchanges contend that these offerings might disrupt existing market dynamics and risk assessment practices. They claim that perpetual futures ought to be categorized as swaps due to their unique trading characteristics. Moreover, ongoing trading raises alarm about liquidity and counterparty risk, especially in turbulent market conditions.
Why Bengaluru-Goa Vande Bharat Express is likely to delay 13 trains and affect 15,000 passengers
The new service is likely to get priority on the Western Ghats section, particularly the 55-km Sakleshpur-Subrahmanya Road stretch; existing trains may face delays of up to 25 minutes.
PPFAS Flexi Cap Fund added Netflix, exited Meta Platforms and reduced Microsoft in October 2026. It also increased investments in DLF, Maruti Suzuki, M&M and other Indian stocks. Here's a look at its latest portfolio and long-term rolling returns.
Wedding insurance can help Indian families recover costs if unforeseen events such as fire, theft, severe illness or extreme weather disrupt celebrations. Here's how it works.
US dollar dips as easing AI and Mideast worries limit its appeal
After a six-month high, the US dollar is now on a downward trend, largely spurred by impressive job growth figures. Investors are eagerly awaiting the upcoming consumer price index data, a key factor for Federal Reserve rate considerations. Meanwhile, the euro and other currencies are rebounding against the dollar, backed by solid economic indicators.
Kochi Gears Up For Global Aviation GCC Leadership Summit
Keralam Industries Minister P K Kunhalikutty unveiled the logo and website for COKPIT 2027, a Global Aviation GCC Leadership Summit scheduled for January 2027 in Kochi. The summit aims to position Kochi as a prime destination for aviation Global Capability Centres, attracting industry leaders and showcasing the city's potential as an aviation hub with strong connectivity and existing infrastructure.
Choosing an NPS pension fund based on one-year returns can be misleading. Investors should assess rolling returns, upside and downside performance, and volatility to understand how consistently a scheme has beaten its benchmark across different market cycles.
Rupees 5-day winning streak ends with the currency closing at 93.93
The Indian currency closed at 93.93 per USdollar (USD)against last Fridays close of 93.91 and in intraday trade, it tested a high/ low of 93.69/94.11
More buyers, lighter bills: Indian jewellery retailers log strong festive sales
Diamond jewellery demand saw a spike, but silver sales were down
HSBC upgrades Indian equities to 'overweight', cuts China to 'neutral'
HSBC upgraded Indian equities to 'overweight' after a market correction, citing reasonable valuations, resilient earnings and strong credit growth, while downgrading Chinese stocks to 'neutral
US stocks: US market opens higher after last week's AI rout
Wall Street's main indexes opened higher on Monday, as investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO
Airtel recharge offers: Users can get Buy 1 Get 1 Free on 349, 399 plans but there is a condition
A limited-time offer is available to select subscribers through the Airtel Thanks app; customers can get 56 days of service by paying for a single recharge.
Nvidia sell-off continues: Chipmaker stock plunges 9% as Jensen Huang faces espionage controversy
Nvidia has opened an investigation following CEO Jensen Huang's connection with an executive linked to intelligence efforts. The company announced this after Huang acknowledged his relationship with the executive, raising concerns over security. Nvidia's shares plummeted 8% amidst uncertainty surrounding Huang's future as CEO. Analysts believe Huang's leadership is crucial for Nvidia's ongoing success in AI technology.
Nvidia has opened an investigation following CEO Jensen Huang's connection with an executive linked to intelligence efforts. The company announced this after Huang acknowledged his relationship with the executive, raising concerns over security. Nvidia's shares plummeted 8% amidst uncertainty surrounding Huang's future as CEO. Analysts believe Huang's leadership is crucial for Nvidia's ongoing success in AI technology.
Festival boost: Indian gold jewellery sales top $6.6 billion in 2 days
Fall in gold prices boost sales during the auspicious occasions of Lakshmi Pooja, Dhanteras
Investments in gold ETFs turn mixed as the precious metal turns volatile
For the first time in recent months, Chinese and UK investors redeem their investments
How to choose a foreign broker? Check the plumbing, not just the app
Buying foreign stock can now be achieved in just a few taps, but you need to know who sits behind those taps and who regulates them
The government has expanded mandatory gold jewellery hallmarking to six more districts, taking coverage to 398 districts across 26 states and UTs. Here's the complete list of additions and what buyers should check before purchasing gold jewellery.
When employment ends, employers settle outstanding dues after the last working day and deduct applicable TDS. Here's how each component of the payout is taxed.
TRAI caps telecom interconnection charges at 42.3 lakh: What changes from January 2027?
TRAI has put a ceiling on what telecom operators can charge for network connections. Here's the new pricing.
Larsen & Toubro to construct 15.1-km elevated corridor; project targeted for completion in 36 months.
Firecracker injuries during Diwali can lead to significant medical bills. While health insurance covers serious burns and eye injuries requiring hospitalisation, minor outpatient treatment and consumables may be excluded.
HSBC upgrades India to Overweight, cuts China to Neutral in Asia strategy shift
Credit growth rose 21% year-on-year in October, with corporate lending up around 24% and MSME credit climbing 25%
Brokers Call: Healthcare Global Enterprises (Buy)
Axis Securities
GMR Aero Technic To Expand MRO Operations
GMR Aero Technic is investing Rs 600 crore to expand its Maintenance, Repair and Overhaul (MRO) facility in Hyderabad. The expansion aims to nearly double its capacity to around 18 lines by 2029, including for wide-body aircraft, and will introduce India's first wide-body aircraft painting service, addressing the growing demand from Indian airlines.
Global AI Regulation Harmony Essential, Says NetApp CEO
NetApp CEO George Kurian advocates for harmonised global AI regulations to simplify compliance and foster business growth. He highlights the complexities arising from diverse regulatory frameworks and the importance of a unified approach, similar to cyber resilience standards. Kurian also notes India's significant role as NetApp's fastest-growing market in Asia, driven by its Bengaluru global capability centre.
India bonds continue rally ahead of inflation data
Indian government bond yields extended their rally on Monday, with the benchmark 10-year yield falling nearly 4 basis points as easing crude oil prices and hopes of a US-Iran peace deal improved sentiment. Investors are now watching US and Indian inflation data for cues on the outlook for interest rates.
Nifty holds 25,000 after volatile session; PSU Banks surge 3.7%, IT drags
The Sensex ended at 81,106.65, up 107.25 points or 0.13%, while the Nifty settled at 25,044.65, gaining 58.25 points or 0.23%
Uno Minda among 7 stocks hitting 52-week highs; rally up to 26% in a month
NSE deploys liquid cooling for AI infra, plans over 80 GPUs this quarter
The exchange plans to scale GPU capacity beyond 80 this quarter and eventually to 224, while extending liquid cooling technology to its co-location data centre in the future.
ITAT Jaipur deleted an 11 lakh penalty on a farmer who accepted cash while selling his house for 22.5 lakh. The tribunal cited his lack of awareness of tax rules and held that reasonable cause justified relief under Section 273B.
Zomato Co-Founder's Temple Wearable Under Fire From Medical Community
Temple, a wearable startup by Zomato co-founder Deepinder Goyal, is facing significant scientific scrutiny from doctors regarding its Rs 85,000 forehead-worn device. Critics question the evidence behind its claims of measuring brain blood flow and providing insights into ageing, with prominent hepatologist Cyriac Abby Philips calling it a scam. Goyal has defended the technology, stating it's a fitness and wellness device, not medical, and that metrics await clinical validation, while also addressing pricing and scientific methodology.
IFSCA proposes model portfolios in GIFT City by research entities
The proposed framework requires research entities to disclose portfolio risks, investment strategies and rebalancing schedules, while benchmarking performance against relevant indices
The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections may result in reduced data center spending. Despite recent declines, the technology sector remains dominant within the S&P 500 index. Upcoming technology earnings reports and the potential IPO of AI lab Anthropic are closely watched by investors.
FPI investments in FAR G-Secs rise nearly 8,000 cr as rupee gains, bond yields ease
During the same period, the Indian rupee appreciated from 94.90 on November 2 to 93.74 against the US dollar today, while the yield on the 10-year benchmark government security eased by nearly 0.14 per cent to 7.178 per cent on Monday from 7.315 per cent on November 2.
FIIs cut stake in 10 smallcap stocks for 3 consecutive quarters; shares fall up to 70% in CY26
FIIs reduced stakes in 235 BSE smallcap companies for three consecutive quarters. Nine stocks suffered 5070% declines in CY26, highlighting sustained foreign investor selling and significant market corrections.
Claude Personal Finance vs ChatGPT Finances: 5 key differences in privacy, features and bank access
Anthropic's Claude Personal Finance and OpenAI's ChatGPT Finances offer AI-powered budgeting, spending analysis and financial planning through linked bank accounts. However, they differ in data privacy settings, advertising policies and plans to expand financial services.
Sensex, Nifty Gain on Crude Dip, Bank Stocks
Indian benchmark indices Sensex and Nifty closed higher, driven by a correction in crude oil prices and significant buying interest in blue-chip bank and financial stocks, despite some profit booking after a recent rally.
Sensex, Nifty Gain on Crude Dip, Bank Stocks
Indian benchmark indices Sensex and Nifty closed higher, driven by a correction in crude oil prices and significant buying interest in blue-chip bank and financial stocks, despite some profit booking after a recent rally.
670-cr investment fraud: How a former mason allegedly lured 7,400 investors with 4% monthly returns
Hyderabad businessman Nanavath Bhupal Naik is accused of running a 670-crore investment fraud that affected about 7,400 people. Here's how he pulled off the massive fraud.
Cyber claims surge, but premiums stay soft
Insurance claims from cyberattacks on Indian banks and businesses have surged, particularly in the first half of FY27, with bank claims alone exceeding 150 crore. Despite this, premiums remain soft due to abundant reinsurance capacity, though experts warn of potential rate hikes if claims continue to rise.
Sensex, Nifty, Share Prices Highlights: Market benchmark indices Sensex and Nifty ended higher on Monday amid a correction in crude oil prices and buying in blue-chip bank and financial stocks.
Stock markets end higher amid easing crude oil prices, buying in banks
Mumbai, Nov 9 (PTI) Market benchmark indices Sensex and Nifty ended higher on Monday amid a correction in crude oil prices and buying in blue-chip bank and financial stocks. The 30-share BSE Sensex climbed 107.25 points, or 0.13 per cent, to settle at 81,106.65. During the day, it climbed 340.01 points, or 0.41 per cent, to 81,339.41. The 50-share NSE Nifty rose 58.25 points, or 0.23 per cent, to close at 25,044.65. In the 30 Sensex firms, State Bank of India, Trent, Larsen & Toubro, NTPC, HDFC Bank and ICICI Bank were among the major winners. In contrast, HCL Tech,
Nifty 50 ETFs and index funds track the same benchmark but differ in trading, liquidity and investment convenience. Anand Rathi Wealth's Protima Dhawan explains five parameters to compare and why she prefers actively managed equity funds.
Indian rupee breaks six-day winning streak on state banks' dollar bids
The Indian rupee snapped its six-session winning streak on Monday, November 9, as dollar purchases by state-run banks outweighed positive momentum. The currency touched a six-month high of 93.69 per dollar before closing slightly lower at 93.9275. Lower crude oil prices and foreign equity inflows provided some support.
Simplify Alpha's Hyderabad AI Centre To Create 1,000 Jobs
Simplify Alpha, a Chicago-based healthcare technology company, has inaugurated its AI Engineering Centre in Hyderabad, aiming to expand its workforce to 1,000 professionals within two years. The centre will leverage AI and healthcare domain expertise to address complex operational challenges in the US healthcare industry, reinforcing Hyderabad's status as a global innovation hub.
Simplify Alpha's Hyderabad AI Centre To Create 1,000 Jobs
Simplify Alpha, a Chicago-based healthcare technology company, has inaugurated its AI Engineering Centre in Hyderabad, aiming to expand its workforce to 1,000 professionals within two years. The centre will leverage AI and healthcare domain expertise to address complex operational challenges in the US healthcare industry, reinforcing Hyderabad's status as a global innovation hub.
RBI's $239 bn forward dollar position to limit rupee gains despite FPI inflows: Report
The Reserve Bank of India currently has a net short position of USD 239 billion in the forward market, which may hinder the rupee's ability to strengthen, even as foreign portfolio investor inflows improve. This influx could potentially be managed by the Reserve Bank, capping any gains for the rupee against the US dollar.
Sashikumar Sreedharan Joins Sarvam As President And Chief Business Officer
Indian AI company Sarvam has appointed Sashikumar Sreedharan, former Managing Director for India at Google Cloud, as its President and Chief Business Officer. He will lead business operations across enterprises and government, expanding Sarvam's reach with digital-native companies and partners, as the company grows its customer base and product development.
Global pricing pressure drags down Indian oilmeal exports 36% in August
India exported 1.76 lakh tonnes of oilmeals in August 2026 against 2.76 lakh tonnes in August 2025; overall shipments down 13%
Will old your cheque book become invalid after December 31, 2026? Big development from RBI
Will old your cheque book become invalid after December 31, 2026? The RBI has clarified claims that existing CTS cheque books become invalid from the new year. Here's all you need to know
Nvidia's shares slide as chip giant probes CEO Huang over spy claims
Nvidia's shares tumbled more than 6% in Frankfurt trading, extending last week's selloff and pushing the stock to fresh multi-month lows
IRB Infra share price climbs 7% as toll collections boost Q2 earnings
IRB Infra share price target: MOFSL has retained its earnings estimates and reiterated a 'Buy' rating on IRB Infra stock, with a target price of 22.
Confused between largecap, midcap, flexicap and hybrid funds? How new investors should choose
First-time mutual fund investors often struggle to choose between largecap, midcap, flexicap and hybrid funds. Financial experts explain how risk appetite, investment horizon and financial goals should guide category selection and portfolio construction.
Deepak Shenoy anticipates a stronger rally for mid and smallcap stocks in 2027, marked by volatility. He forecasts earnings growth exceeding 20% in these segments, supporting potential gains. Valuations, however, will vary based on companies meeting growth expectations or not. Global political tensions and the AI sector's challenges may influence market dynamics. Shenoy emphasizes the unpredictability of market movements and shares insights on past predictions.
Ashok Leyland, Paytm down after 6-day rally; analyst flags positive charts
Ashok Leyland and Paytm were down up to 3% in Friday's intraday trades, having rallied up to 23% in the preceding six trading sessions.
EPF account correction: How to fix incorrect name, date of birth online in 5 steps
Wrong details in your EPF account? Follow EPFOs 5-step joint declaration process to correct them online, plus 2.36 lakh grievances resolved in October.
Amid this festive season, we answer how much gold you can keep at home legally, if there's a penalty for exceeding limits, rules about declaration, investments, what the tax requirement is, and more.
Todays Gold Rate, November 9: Check gold rates in Delhi, Mumbai, Chennai
22, 24 carat Gold prices up across metro cities on November 9
MakeMyTrip's India arm gets Sebi nod to float IPO
MakeMyTrip's India subsidiary, MMT India, has received approval from Sebi for an initial public offering. This approval follows a confidential filing of draft papers made in July. The IPO will involve the sale of equity shares by MakeMyTrip and its subsidiary, ibibo Group Holdings. Proceeds from the sale are expected to enhance the cash position of the parent company.
Honda's Winning Streak Narrows Gap with Hero MotoCorp in Two-Wheeler Market
Honda Motorcycle and Scooter India has maintained its position as the top-selling player in the retail two-wheeler market for the fourth consecutive month in October, intensifying its challenge to long-time leader Hero MotoCorp. This consistent performance, driven by strong scooter sales and shifting market dynamics, has significantly narrowed the gap between the two giants, with Honda now clearly establishing itself as a formidable contender for the market leader slot in the coming years.
Honda's Winning Streak Narrows Gap with Hero MotoCorp in Two-Wheeler Market
Honda Motorcycle and Scooter India has maintained its position as the top-selling player in the retail two-wheeler market for the fourth consecutive month in October, intensifying its challenge to long-time leader Hero MotoCorp. This consistent performance, driven by strong scooter sales and shifting market dynamics, has significantly narrowed the gap between the two giants, with Honda now clearly establishing itself as a formidable contender for the market leader slot in the coming years.
Uno Minda zooms 26% in November, stock nears record high; here's why
Uno Minda's share price hit a 52-week high of 1,367.50, gaining 4% on the NSE in Monday's intraday deals.
ZEEL extends gains, rises 11% in 2 days as board to mull buyback, dividend
ZEEL settled with a bullish reversal candlestick pattern on its weekly charts, signalling a potential relief rally toward the 80 mark in the near term, show tech charts.
PVR Inox rises 3% to 52-wk high as Ramayana's box-office biz tops 500 cr
Notably, the Ranbir Kapoor-Sai Pallavi starrer 'Ramayana: Part One', which was released on November 5, today entered the 500 club, according to data provided by Sacnilk.
Indian bonds drift with oil; inflation data in focus
Indian government bonds exhibited limited movement today as oil prices showed signs of stabilization. Investors are remaining cautious, especially with inflation data from both the United States and India on the horizon. Scheduled for later today is a bond auction totaling 290.5 billion rupees. Analysts predict yields on the 10-year bond could oscillate between 7.30% and 7.10%, with particular attention on India's October inflation report due for release this Thursday.
Nvidia shares dropped over 4% after CEO Jensen Huang acknowledged an affair with Alice Huang. Jensen Huang's relationship with Alice, a Chinese national, raised security concerns following intelligence reports. Nvidia has initiated an investigation into these allegations, although the board believes no secrets were compromised. Analysts suggest the company's upcoming earnings report will be crucial for market sentiment. Concerns linger over Huang's position if further evidence of wrongdoing emerges.
Tata Motors Maintains Lead Over Mahindra in PV Market, EVs Key Differentiator
Tata Motors is maintaining its lead over Mahindra and Mahindra in the race for the second position in India's passenger vehicle market, largely driven by its strong performance in electric vehicle sales. Both companies are aggressively expanding their SUV and EV portfolios and scaling up production to meet surging demand, indicating a fierce competition ahead.
8th Pay Commission report is due around May 2027. Know about interim reports, extensions and when the revised salary and pension may be implemented.
Quant Small Cap Fund made several portfolio changes in October, adding five stocks, increasing exposure to six and exiting five others. The fund also raised its telecom allocation while trimming exposure to healthcare, financial services and oil and gas.
BlueStone shares jump 3% after jeweller reports 45% festive season sales surge
The stock opened at 715.30, touched a high of 736.90, and traded a volume of 3.74 lakh shares worth 26.97 crore by mid-session
Bank Holiday, closed tomorrow 10 Nov 2026: Public and private sector lenders including the State Bank of India and HDFC Bank will be closed in Ahmedabad, Bengaluru, Belapur, Dehradun, Gangtok, Mumbai and Nagpur; heres why.
Honasa shares rise nearly 2% as strong Q2 results draw mixed analyst calls
The Honasa stock has gained nearly 75% over the past year and trades at a P/E of 53.67x
Pharma shares shine: Sai, Gland, Divi's, Laurus, Glenmark surge up to 9%
Divi's Labs, Laurus Labs, Sai Life Sciences and Glenmark Pharma quoted at their respective record highs in Monday's trade.
Hindalco trades higher after record Q2; analysts hold Buy ratings despite target cuts
The stock opened at 947.90, touched an intraday high of 960.70 and a low of 919.30. Buy orders accounted for 57.91 per cent of total activity, with traded volume of 47.20 lakh shares worth 444.28 crore.
Two incomes, no cradle: what Indias DINK couples are telling policymakers
Rather than pressure people to have children, policymakers should make parenting more affordable and strengthen pensions and elder care for those who remain childfree.
Nvidia stock in focus: 3 key risks after Jensen Huang probe
Nvidia CEO Jensen Huang faces scrutiny after the company launched an independent probe into allegations that he was targeted by a foreign intelligence operation. The controversy has raised concerns over leadership, corporate governance, China-related business and investor confidence.
