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US stocks: Retail buyers limit Nvidia stock rout
Retail investors poured a record $111 million into Nvidia shares during Thursdays first half-hour of trading, helping the stock trim an opening loss of as much as 14% to about 5%. The dip-buying suggests confidence in the AI trade remains resilient despite CEO Jensen Huangs departure and Nvidias loss of more than $1 trillion in market value over five weeks.
US Fed sets new meeting schedule for 2027, as foretold by Chairman Kevin Warsh
The Federal Reserve will hold seven rate-setting meetings in 2027 instead of the customary eight, while dedicating its October gathering to broader monetary-policy strategy. The revised schedule also moves the years final policy meeting to November and removes designations for quarterly economic projections as Chair Kevin Warsh reviews the Feds communication practices.
Kalshi ends Donald Trump Jr's advisory contract due to Polymarket conflict
Prediction-market platform Kalshi has ended Donald Trump Jr.s advisory role by mutual agreement after his venture-capital firm, 1789 Capital, increased its investment in rival Polymarket. Discussions began after 1789 Capital led Polymarkets latest funding round, according to a Kalshi spokesperson.
India has banned lithium-ion battery black mass exports to retain critical minerals such as lithium, cobalt and nickel for domestic recycling. The move aims to strengthen local processing capacity, reduce import dependence on China, and support battery manufacturing.
Standard Chartered brings four Signature CIO Funds from GIFT City
Standard Chartered has partnered with Amundi Asset Management and SBI Funds International to offer multi-asset portfolios investing across global markets from GIFT City.
The agency has accused the companies and their officials of criminal conspiracy and cheating, alleging that land acquired for a public purpose was released to private colonisers in an allegedly malafide manner to extend undue benefits.
Nvidia default risk nears record high as board weighs CEOs fate
The cost of insuring Nvidias debt against default climbed close to a recent high as its board considered CEO Jensen Huangs future. The board is reportedly evaluating interim and permanent successors following allegations about Huangs personal conduct.
Nvidia CEO Huang Resigns, Kress Interim Chief
Nvidia co-founder Jensen Huang has resigned as president, chief executive, and board member of the chipmaker. Chief Financial Officer Colette Kress has been appointed interim CEO while the company searches for a permanent successor. Huang's departure follows media reports alleging an extramarital affair with a Chinese businesswoman suspected of spying, leading to an internal inquiry and an FBI investigation.
India Targets Indigenous Aircraft, Major Airport Growth
Civil Aviation Minister K Rammohan Naidu announced India's ambitious plans to become a global hub for civil aviation manufacturing, aiming to produce made-in-India civilian aircraft within two years. He highlighted the expansion of airport capacity to 800 million by 2029, the construction of 100 new airports and 200 heliports, and the success of the UDAN scheme in boosting regional air connectivity and first-time flyers. The minister also noted the growing ecosystem for aviation component manufacturing and partnerships with international players like Embraer and Adani Group.
India ETFs draw 35,120 crore in Q3 as large-cap, precious metals lead inflows
Technology and long-duration debt ETFs see redemptions even as the broader Asia-Pacific market returns to net inflows after two quarters of outflows
US stocks: US market opens lower after Nvidia CEO steps down
Wall Street's main indexes opened lower on Thursday after Nvidia said CEO Jensen Huang was stepping down, leaving the AI industry without its biggest champion.
How to invest abroad through GIFT City: A step-by-step guide
The GIFT City route offers an alternative to investing directly in foreign stocks through overseas brokers
Rupee hits one-week low, slips past 94 per dollar
The Indian currency closed 35 paise weaker at 94.04 per USD against the previous close of 93.69
Wall Street opens lower as Nvidia CEO Huang steps down, tech stocks slide
Wall Street opened lower, with the Nasdaq falling 1.47% and the S&P 500 down 0.90%, after Nvidia's announcement on CEO Jensen Huang triggered a sell-off in technology stocks.
Nvidia rout wipes out $300 billion in market value, drags down AI stocks
The sell-off spread across chipmakers, cloud computing firms and data storage companies, while Nvidia rivals AMD and Broadcom posted gains
Indian companies propose $7.05 billion in overseas borrowings in September
Indian companies proposed $7.05 billion in overseas borrowings through ECBs and foreign currency convertible bonds in September 2026. Infrastructure financiers, NBFCs and major corporates accounted for significant proposals, with most borrowings routed through the RBI's general permission framework.
Nebius beats quarterly revenue estimates on strong AI demand
In the latest quarterly report, Nebius achieved impressive revenue of $981 million, exceeding analyst projections of $907.5 million. The company is optimistic about future sales, forecasting between $12 billion and $13 billion by 2027. However, its revenue predictions for 2026 are slightly lower than the market's expectations. With customers opting for longer agreements at elevated prices, prepayments have significantly surpassed capital investments.
Nasdaq, S&P 500 futures fall as Nvidia turbulence unsettles AI stocks
Futures tracking the Nasdaq 100 fell significantly after Nvidia shares plummeted due to leadership concerns. Reports about CEO Jensen Huang led to a decline in investor sentiment towards AI-linked stocks. Additionally, the upcoming Producer Price Index data is raising inflation expectations among investors. Concerns over economic impacts and geopolitical risks remain prevalent, with a December rate hike by the Federal Reserve anticipated.
Clean Max Enviro Energy pledges Rs 50,000 crore investment in Andhra Pradesh
Clean Max Enviro Energy Solutions has signed an MoU to invest Rs 50,000 crore in Andhra Pradesh. This investment will focus on developing 3GW of integrated power generation facilities using wind and solar energy. The power generated will support a compute factory being established in Kurnool in collaboration with Neysa. Clean Max aims to integrate generation, storage, and distribution to meet rising clean energy demands.
SIP openings hit 18-month low in October, closures rise to 18-month high
SIP registrations fell to 5.1 million in October, while closures rose to 5.9 million, leading to a decline in active accounts and a marginal drop in monthly contributions
Standard Chartered launches four global investment funds from GIFT City
The new offering, developed with Amundi Asset Management and SBI Funds International, caters to different investment objectives and risk appetites
Saregama Embraces AI For Efficiency While Battling Piracy
Saregama India's MD, Vikram Mehra, outlined the company's strategy regarding artificial intelligence, viewing it as a long-term opportunity for cost reduction and faster market entry. While supporting licensed innovation, Saregama is committed to combating the unlicensed use of its music catalogue, particularly against AI-generated covers. The company is investing in technology to track and manage such uses and is also exploring collaborations with AI creators. Saregama is also leveraging AI internally for content creation and operational efficiency, aligning with broader industry trends.
Sensex, Nifty pause for breath; Realty surges as rupee slips on dollar buying
BSE Sensex closes at 81,911.01, up 31.61 points or 0.04%; NSE Nifty 50 settles at 25,299.35, gaining 44.30 points or 0.18%
India bonds track Treasury weakness ahead of debt supply
Indian government bonds are currently facing losses as traders brace for an influx of debt supply and mounting inflation pressures. The 10-year US Treasury yield is nearing the 5% mark, fueled by predictions of the Federal Reserve's interest rate hikes in December. With India's retail inflation climbing to 6.09%, expectations rise for further rate adjustments by the Reserve Bank of India.
Retail Inflation Surges to 6.09% in October, Above RBI's 6% Limit
India's retail inflation surged to a two-year high of 6.09 per cent in October, driven by costlier food items, breaching the Reserve Bank of India's upper tolerance limit of 6 per cent for the first time since October 2024.
Punjab National Bank among 4 stocks hitting 52-week highs; rally up to 22% in a month
Four BSE 100 stocks, including Punjab National Bank, Federal Bank and Kotak Mahindra Bank, hit fresh 52-week highs, with monthly gains ranging from 10% to 22%.
Nvidia Boardroom Turmoil: What's Happening to Jensen Huang?
Pollution-linked health insurance claims among Policybazaar customers quadrupled in three years, with cardiovascular and respiratory conditions making up 78% of claims. Details here.
NCLT approves merger of Jana Holdings with Jana Capital
NCLT approved the amalgamation of Jana Holdings Ltd with Jana Capital Ltd effective November 3, 2026. Both companies belong to the promoter group of Jana Small Finance Bank Limited. The amalgamation aims to eliminate the Non-Operative Financial Holding Company layer while ensuring a seamless transition of assets and liabilities. Jana Holdings was established in January 2017 for regulatory compliance and will be dissolved post-merger.
Markets extend gains for 3rd day; Sensex ends above 81,900 on FII inflows, lower crude oil
The 30-share BSE Sensex advanced 31.61 points, or 0.04%, to settle at 81,911.01; while the 50-share NSE Nifty was up 44.30 points, or 0.18%, to end at 25,299.35
Sensex, Nifty, Share Prices Highlights: Benchmark equity indices Sensex and Nifty ended marginally higher on Thursday, taking their winning run to the third straight day, amid sustained foreign fund inflows and lower crude oil prices.
Indian 2W Makers Brace for Slower Growth in H2FY27
India's leading two-wheeler manufacturers, including TVS Motor, Bajaj Auto, and Hero MotoCorp, are preparing for a deceleration in growth during the second half of financial year 2026-27 (H2FY27). This anticipated slowdown is attributed to a high base effect from last year's GST rate cut, inconsistent rural demand, and a growing disparity between premium and entry-level segments.
Rupee falls 33 paise to close at 94.04 against U.S. dollar
Forex traders said the dollar strengthened on a hawkish Fed speech and rising odds of a rate hike in December
Rupee falls 33 paise to close at 94.04 against US dollar
During intra-day trade, it witnessed a high of 93.62 and a low of 94.06 and the local unit settled at 94.04 (provisional), lower by 33 paise from its previous close
Indias Russian fossil fuel imports hit record 6.4 billion in October, crude oil accounts for 91%
Higher crude purchases by Indian refiners and rising international energy prices strengthened Moscows export earnings despite continuing Western sanctions
Rupee slips with traders clinging to equity cues, awaiting inflation data
The Indian rupee faced a setback on Thursday, dipping to 94.0425 against the dollar amidst rising oil prices and escalating inflation fears. Previously, it had seen a peak of 93.62 thanks to foreign portfolio inflows. Investors are now holding their breath for October's consumer inflation figures, as they could significantly influence upcoming policy decisions and market sentiment surrounding the rupee.
TVS Motor targets 40% global business by 2030, eyes Europe growth
TVS Motor Company, the world's third-largest two-wheeler manufacturer, is aggressively expanding its international business, particularly in Europe, with a strategic goal to derive 40 per cent of its overall revenue from global markets by 2030.
AMFIs October 2026 data points to changing investor allocations across equity mutual fund categories, with inflows rising in some segments and declining in others. Experts highlight key trends shaping investor preferences and considerations for those planning fresh SIPs for 2027.
Refex Industries ash and coal handling order book rises to Rs 1,721 crore
Fresh contract wins, stronger execution and diversification into downstream businesses are strengthening the companys growth prospects amid rising infrastructure requirements
Nippon India Mutual Fund's Gold BeES and Silver ETF together accounted for 55% of the average daily trading turnover across gold and silver ETFs during Diwali 2026. Gold BeES commanded a 54% share of category volumes, while Nippon India Silver ETF held 57%, highlighting strong trading activity in both products.
Milk prices rise by Rs 2-4 per litre as Amul, Mother Dairy revise rates; consumers feel the pinch
Gabriel India hits 20% upper circuit on huge volume; up 112% from March low
Gabriel India stock: The average trading volume at the counter jumped over 20-fold with a combined 8.02 million shares changing hands on the NSE and BSE on Thursday.
Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse
Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.
Page Industries hits 10% lower circuit post Q2 show; 150 dividend declared
Page Industries reported a 4 per cent Y-o-Y increase in profit after tax (PAT) to 202.5 crore in Q2FY27.
Paytm zooms 7%, reclaims 1,900 for 1st time since listing day in Nov 2021
With Thursday's rally, the stock price of Paytm has bounced back 20% from its previous month low of 1,582.95 touched on October 26, 2026.
Arbitrage funds attracted 3,929 crore in net inflows in October 2026, reversing Septembers outflows. We look at the top five funds by 1-year, 3-year and 5-year returns and identify which fund features across all three performance lists.
Borrow with monthly cash flows in mind: TransUnion CIBIL's Bhavesh Jain
The choice of credit should primarily depend on three factors: the purpose of borrowing, the amount required and the borrower's ability to repay within a defined period, said Bhavesh Jain, MD and CEO of TransUnion CIBIL.
AMFI Rejig: Cupid, Physicswallah among 13 smallcap stocks that may get upgraded to midcap
Thirteen smallcap stocks, including Ather Energy, RBL Bank and Welspun Corporation, may move into the midcap category in AMFI's H1 CY27 reclassification. Nuvama Institutional Equities has also identified three potential new entrants to the midcap segment.
OpenAI Now Processes AI Requests Locally In India
OpenAI has launched local processing of AI requests in India for its API, enabling businesses and developers to run workloads on its GPT-6 Luna model within the country. This initiative addresses data localisation needs by ensuring both processing and data storage occur in India, removing a significant barrier for Indian organisations, especially in sectors like financial services.
Power shortages push discoms to costly bilateral deals
Amid severe power shortages and record-high electricity demand in India, discoms are increasingly turning to short-term bilateral power trading rather than relying solely on power exchanges.
The Centre raised dearness allowance and relief by 3 percentage points, from 60% to 63%, effective July 1, benefiting over 1 crore employees and pensioners. Several states also announced increases and arrears, with payment arrangements varying by state.
EVs to be default choice for govt staff cars; 'Make in India' tech procurement updated
The Indian government has made electric vehicles (EVs) the default choice for staff car procurement across ministries and departments, setting a higher price cap of 20 lakh for EVs compared to 10 lakh for ICE vehicles. Concurrently, new guidelines have been issued for procuring electronic devices, incentivising 'Make in India' products with a higher price ceiling.
Bihar's first municipal bond, issued by Patna Municipal Corporation, is now listed on NSE and offers 9.20% annual interest, payable quarterly. Here's what investors should know about its returns, risks, maturity and how to buy these bonds.
22, 24 carat Gold prices down across metro cities on November 12
Big Four, audit firms roll out 10-15% pay hikes, bonuses ahead of 2027 auditor rotation
Top performers at firms like EY, Deloitte and PwC pocket up to 28% raises as advisory majors battle attrition and gear up for over 600 mandatory client rotations next year.
Franklin Templeton launches Franklin US Equity IFSC Fund as its first outbound fund
Franklin Templeton India has launched its first outbound fund through GIFT City, offering Indian investors access to an actively managed US equity strategy. The feeder fund has a minimum investment of USD 5,000 and aims for long-term capital appreciation.
New SIP registrations fall 20%, stoppage ratio climbs to 116% in October after 5-month decline
October witnessed a significant drop in new Systematic Investment Plans (SIPs), plunging by 20% compared to the previous month. A marked rise in the number of SIPs being discontinued or completed pushed the stoppage ratio over 100%. However, the strength of mutual fund inflows revealed a robust participation of investors. The steady year-on-year growth in SIP assets further emphasizes the sustained allure of these plans among the investing community.
Breakout stock: CDSL gains 4%, up 30% from 52-week low; more upside ahead?
IDBI Capital said that CDSL has witnessed a decisive breakout from a symmetrical triangle pattern on the chart, indicating a potential trend reversal & strengthening of overall bullish price structure
Landmark Group plans to invest about 1,600 crore in a 3-million-sq-ft office complex in Gurugram and a mixed-use development on Dwarka Expressway, responding to rising demand for premium workspace in the NCR.
HDFC Bank, 18 other 'fallen angels' could be D-St's next winners: Elara
According to Elara, several conditions that historically accompanied market bottoms are visible in the current market.
Temasek to invest 2,5K cr in Godrej fin arm
India's Godrej Industries on Thursday said Temasek Holdings will invest 25 billion rupees ($266.98 million) through its affiliate, in Godrej Capital, valuing the financial services business at up to 280 billion rupees.The Singapore state-owned investment firm will retain about 80% ownership following the deal.
Financial stocks hold Nifty steady at midday; Auto, FMCG drag
Insurance and financial stocks dominated the gainers board on the Nifty 50; HDFC Life Insurance surged 3.91% to 596.00, the top gainer
Realty index surges 4%; Oberoi, Sobha, Lodha up 5%; DLF nears 52-week high
Thus far in November 2026, the Nifty Realty index outperformed the market by soaring 14%, against a 9.6% rally in the Nifty 50.
Bank earnings rise 20% in Q2 as lower provisions, healthy income growth support performance: Kotak
Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.
NPST posts 50% revenue jump in Q2, stock in red
Stock falls 3.7% despite net profit up 34% y-o-y
MSE payment disputes pile up despite new digital redressal platform
Oline dispute resolution platform for small businesses has disposed of just 4,030 of 39,033 complaints since launching in June 2025. Experts cite limited awareness, capacity constraints and procedural delays
Bloom Energy shares jump 13%: Can the AI power stock sustain its rally?
Bloom Energy shares jumped 13% after strong CoreWeave results eased concerns over AI infrastructure spending. But with the stock well below its record high, can the rally last?
Aegis Logistics shares gain 3% as QIP opens; floor price set at 1,161.85
The company's Fund Raising Committee approved a floor price of 1,161.85 per equity share for the issue and cleared the preliminary placement document and application form.
HDFC Bank holds above 811 for second straight day as rally consolidates
Traded volume moderated sharply to 170.63 lakh shares worth 1,380.95 crore, roughly half Wednesdays 2,739.73 crore
Matrimony downgraded by ICICI Sec despite 167% rise in Q2 PAT; stock skids
Matrimony's consolidated profit in Q2FY27 increased by 167.3 per cent Y-o-Y to 20.7 crore.
Gold and silver ETFs declined as a stronger US dollar and rising expectations of a Federal Reserve rate hike weighed on precious metal prices. Financial experts advise investors to continue systematic investments in gold and silver in line with their long-term asset allocation.
Mahindra & Mahindra among 5 stocks showing White Marubozu Pattern
Five stocks in the Nifty500 with a change of more than 5% appeared on the White Marubozu bullish scanner, according to StockEdges technical scan data.
Wing Commander Namrita Chandi, who retired from the IAF in 2011 after being denied Permanent Commission, has won a 15-year legal battle. The AFT has ruled that she be treated as having completed 20 years of pensionable service, making her eligible for pension and other retirement benefits.
Indian bonds drift as US debt rout saps oil relief before CPI
On Thursday morning, Indian government bonds remained stable, reflecting a pause after recent volatility. Market sentiment is influenced by declining oil prices and climbing US Treasury yields, with inflation data on the horizon. The Reserve Bank of India is expected to modify its policy rate in light of these figures. Meanwhile, the ongoing Iran conflict could affect oil pricing, as traders prepare for a significant bond auction set for Friday.
ICICI Life, HDFC Life rally up to 5%; what's driving insurance stocks?
Life insurers' new business premium (NBP) grew 26.2% YoY in October 2026, supported by strong premium mobilisation by both state-owned LIC and private players.
When geopolitics rewrites the script, can a film still be a hit?
Salman Khans Maatrubhumi, delayed amid improving India-China ties, will release in an altered form. Experts say late rewrites can risk narrative coherence, but a film can still succeed if its emotional core and entertainment value remain intact.
Equity MF Inflows Decline 14% in October
Net inflows into equity mutual fund (MF) schemes in India declined by 14 per cent month-on-month in October, reaching approximately 32,994 crore. This moderation was primarily driven by a cooling off in investments in smallcap and midcap funds, following a period of high growth, as investors engaged in profit booking.
Gold, silver fall as expectations of December rate hike strengthen
At the time of writing, gold futures on Comex were trading near $3,990 per ounce, while silver was trading near $51.40 per ounce
FIIs are back! Jefferies lists 11 stocks that can be the biggest beneficiaries
In November, foreign institutional investors unexpectedly shifted to become net buyers of Indian equities, indicating a noteworthy change in market dynamics. Jefferies has pinpointed 11 stocks poised to gain from this influx, including heavyweights like Reliance Industries, HDFC Bank, and Axis Bank, which previously faced notable outflows. With positive macroeconomic signals and attractive valuations, this trend could very well continue driving share prices upward.
Your insurance may be due for renewal. Are you keeping track?
A missed renewal can cost you more than a late fee, from losing waiting-period benefits to resetting your no-claim bonus. Here are six ways to keep your cover intact.
From SpaceX to Anthropic, markets have a new playbook for mega-share debuts
Anthropic is gearing up for its highly anticipated IPO, aiming to raise as much as $64.4 billion with share prices ranging from $70 to $78. The company is targeting inclusion in major indexes soon after its debut, which is expected to boost passive investments. Similar to SpaceX's market entry, analysts forecast significant initial share price surges, with employees permitted to sell some of their shares on the opening day.
Tata Motors CV share price gains 4%, up for 4th straight day; here's why
In the past two trading days, the stock price of the Tata Group company rallied 6.4% amid reports of strong CV sales.
Ola Electric shares zoom 7% ahead of Q2 results; here's what to expect
Bhavish Aggarwal-led Ola announced over the weekend that its board will meet on November 12 to approve Q2 FY27 earnings.
Cupid shares jump 10% to record high on 133% Q2 PAT growth, higher guidance
Cupid's net profit for the September quarter of FY27 increased by 133 per cent Y-o-Y to 56.22 crore. Revenue from operations rose 122 per cent Y-o-Y to 187.86 crore.
Lemon Tree shares jump 7% post Q2FY27; brokerages see further margin growth
Lemon Tree Hotels reported an 18 per cent year-on-year rise in consolidated revenue to 361 crore in Q2FY27
Gold falls to over one-week low on firm dollar, Fed rate hike bets
The dollars strength against major peers makes greenback-priced bullion more expensive for holders of other currencies
Stock markets climb in early trade led by foreign fund inflows, lower crude oil prices
Mumbai, Nov 12 (PTI) Benchmark equity indices Sensex and Nifty rallied in early trading session on Thursday amid sustained foreign fund inflows and lower crude oil prices. The 30-share BSE Sensex advanced 166.44 points to 82,013.58 in early trade. The 50-share NSE Nifty was up 55.65 points at 25,316.55. In the 30 Sensex firms, Bajaj Finance, Bajaj Finserv, ITC, Eternal, State Bank of India and ICICI Bank were among the major winners. Mahindra & Mahindra, Sun Pharma, UltraTech Cement and Hindustan Unilever were among the laggards. Foreign Institutional Investors (FIIs) bought equities worth Rs 12,563.33 crore on Wednesday, according to
Crude oil futures fall amid reports of planned US-Iran talks
Brent crude was $91.29, down 1.58%, and December WTI crude $85.30, down 1.42% at 10:02 am on Thursday
