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US stocks tumble as Nvidia slides 4.3%, triggering fresh selloff in technology shares
Technology shares came under renewed pressure as investors weighed concerns over artificial intelligence valuations and persistent inflation across the economy
RBI said to allow e-rupee wallets within banking apps to boost adoption
RBI has allowed banks to integrate digital rupee wallets into their main mobile banking apps, aiming to simplify access and boost adoption. While experts say integration could better discovery and convenience, they caution users may not switch from UPI unless the digital rupee offers greater value.
Airport authorities have restricted the financially distressed airline's operations over its inability to pay mandatory charges for using airport facilities and services, according to a report
Noida Authority approves maps for five sports facilities in Sector 150 Sports City project
The approvals cover a tennis centre, an indoor multipurpose sports hall, a swimming centre and a multipurpose playfield, while a cricket academy proposed under the project is already operational
Axis Mutual Fund expects another 5075 bps of rate hikes and favours high-quality corporate bonds with 35-year maturities and short-duration debt strategies. It sees scope to add duration selectively as bond yields become more attractive.
NSE IX Global Access expands investment offerings into 7 European markets
NSE IX expands global investment access to seven European markets, offering Indian investors exposure to over 11,500 securities
Forex Reserves Up by $2.49 Billion to $719.5 Billion
India's foreign exchange reserves increased by $2.49 billion to $719.55 billion in the week ended November 6, primarily due to a rise in foreign currency assets and a significant appreciation in gold reserves, according to the latest Reserve Bank of India (RBI) data.
Yes Bank files Supreme Court petition seeking review of AT-1 bond order
Yes Bank has approached the Supreme Court seeking a review of its October judgment that overturned the 8,415 crore write-off of its additional tier-1 (AT-1) bonds. The move follows a contempt petition filed by Axis Trustee Services on behalf of bondholders, accusing the bank of failing to provide a clear plan to restore the bonds.
Anthropic IPO share orders from China are said to be rebuffed
Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to complete its IPO on November 18, pricing the shares ahead of trading the next day.
Banks are raising fixed deposit interest rates as strong loan demand, slower deposit growth and tighter liquidity increase funding pressure. Here's why lenders are offering higher FD rates, which banks have revised rates and whether depositors should lock in now.
Shahrukhz Residences was launched by Danube Properties following Shahrukhz by Danube, the popular Dubai commercial tower named after Shah Rukh Khan. The launch event was Rizwan Sajan, Khan and Gauri Khan.
Indian markets extend gains for 3rd straight week despite Nvidia crisis
India has traditionally been considered to be an anti-artificial intelligence (AI) bet, and the new developments will more likely affect further investments in AI
BofA adds January Fed hike to forecast, says quarterly pace no longer enough
BofA Global Research
The fare for the YesvantpurMadgaon Vande Bharat Express varies depending on the travel class.
Ethanol boom gives animal feed makers a cheaper alternative to soybean meal
Rising supplies of DDGS, a by-product of grain-based ethanol production, are helping poultry, dairy and aquaculture feed manufacturers cut costs, with potential implications for domestic soybean meal demand.
Buying property in your spouses, parents or childs name using your money can attract income tax scrutiny and benami law action. Know the tax rules, legal exceptions, penalties and documents you need to avoid notices and property disputes.
US stocks: US market opens higher after soft producer prices data
On Friday morning, US stock indexes surged, opening on a high note after October's producer prices data came in softer than expected.
Chicago Fed's Goolsbee says on CNBC the Fed needs to guard against demand overheating
Chicago Fed president Austan Goolsbee stated that inflation has moved beyond temporary energy and tariff-related price shocks. He highlighted that increased demand from the AI buildout is pushing prices higher across many sectors including health care and services. Goolsbee emphasized the importance of upcoming inflation data for determining the Fed's rate increase pace. He noted that currently, there is no clear path back to the 2% inflation target.
Govt notifies commodity contracts as financial products at GIFT IFSC
The notification brings commodity trading contracts under the IFSCA Act, paving the way for global trading firms and supporting financial services to operate from GIFT IFSC
US Treasury chief says Fed should not hike rates over energy shock tied to Iran war
During his speech, US Treasury Secretary Scott Bessent advocated for the Federal Reserve to keep an open mind about interest rate adjustments. He pointed out that the current economic indicators could be skewed due to a supply shock from the ongoing conflict in Iran. Despite recent market volatility, Bessent stressed that the US economy remains robust.
MAN Industries PAT rises to Rs 82 cr in Q2
MAN Industries (India) Ltd has announced a substantial increase in consolidated profit after tax during the September quarter. The company's revenue from operations also saw a notable rise year-on-year, reflecting strong performance. The acquisition of National Pipe Company has positively impacted scale and profitability for the firm. Shipping disruptions in the Strait of Hormuz temporarily affected revenue but shipments are being executed.
India's Auto Dispatches See Double-Digit Growth in October
India's domestic passenger vehicle dispatches surged by 12.4 per cent year-on-year in October, reaching a record 5.19 lakh units, while two-wheeler sales also saw a significant 16.1 per cent increase, driven by festive season preparations and improved demand.
Sensex, Nifty edge down on profit taking, inflation worries
Despite todays loss, Indian stocks close the week on strong note, as FPIs remain buying spree
Razorpay moves closer to public market debut as Sebi gives green signal to IPO
Razorpay has received Sebi's approval for its proposed IPO, bringing the fintech company's stock market debut closer. Targeting a potential 2027 listing, the company is reportedly exploring a Rs 5,500-6,500 crore fundraising amid valuation and profitability scrutiny.
HDFC MF enters SIF segment with launch of hybrid long-short strategy
The SIF categorys assets under management surged from about 2,010 crore in October 2025 to 42,670 crore in September, according to AMFI
Nasdaq futures muted as Nvidia turmoil rattles AI trade: Stock Market Live Updates
Godrej Properties buys 31-acre land in Indore for Rs 130 cr to build housing project
Godrej Properties Ltd has successfully purchased a sprawling 31 acres of land in Indore for approximately Rs 130 crore. The company is set to embark on the creation of residential plots, providing an impressive saleable area of around 0.7 million square feet. This project marks the firm's third venture in Indore, reflecting a commitment to addressing the rising demand for thoughtfully designed communities.
Asia Pacific To Need 2,520 New Jets: Embraer
Embraer, the Brazilian aerospace firm, forecasts a demand for 2,520 aircraft with up to 150 seats in the Asia Pacific region over the next two decades. Excluding China, this figure stands at 1,050 jets. The company highlights the region's significant upgrade opportunities due to its large turboprop fleet and growing need for regional connectivity, driven by intra-regional trade and evolving economic environments.
German yields set for biggest weekly rise in two months
As traders ramp up their expectations for European Central Bank interest rate hikes, yields on German government bonds are climbing steadily. This shift follows US inflation figures that were unexpectedly high, disrupting the bond market landscape. Meanwhile, global stock indices are witnessing a downturn, impacting the demand for traditionally safe assets.
India 10-year bond yield reverses half of last week's drop on elevated inflation
Indian government bonds fell for a third consecutive session, driven by inflation and interest-rate outlook concerns. The benchmark yield increased to 7.3079%, reversing much of last week's gains. Retail inflation in India accelerated, surpassing the Reserve Bank of India's target range, which raises rate hike expectations. In the US, rising Treasury yields and inflation data led to altered rate hike projections.
How US tech pain is European stock markets' gain
European stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is attributed to Europe's lower exposure to tech giants compared to the US market. Companies in sectors such as energy and financials are supporting earnings growth, which is on track for 25% quarterly profit. Investors remain cautious, noting that broader market selloffs could still impact Europe.
The Supreme Court upheld the inheritance rights of a woman's two sons from her second marriage over 45 bighas of Delhi land, ruling that her limited interest had become absolute ownership under Section 14(1) of the Hindu Succession Act, 1956.
Razorpay, Sembcorp Green Infra get Sebi nod to float IPOs
Razorpay Software Ltd and Sembcorp Green Infra recently received approval from Sebi for their initial public offerings, marking a major milestone in their growth journeys. Razorpay aims to secure Rs 5,000-6,000 crore to enhance its financial services platform, while Sembcorp Green Infra plans to raise Rs 3,750 crore to bolster its renewable energy initiatives.
SC Agrotech proposes 10:1 stock split, 4:5 bonus issue
The Board approved the proposed subdivision of each equity share into 10 shares and the issuance of four bonus shares for every five shares held, subject to requisite shareholder and other approvals
One 97 Communications Subsidiary Gets RBI In-Principle Nod For Wallets
One 97 Communications' subsidiary, Paytm Payments Services Ltd (PPSL), has received in-principle authorisation from the Reserve Bank of India to operate wallets. This approval comes with conditions, including a mandatory system and cyber security audit, and PPSL can only issue Prepaid Payment Instruments after final authorisation. This development follows a period of significant regulatory challenges for Paytm Payments Bank, including the cancellation of its banking licence. Concurrently, One 97 Communications reported a substantial increase in profit and revenue for the second quarter ended September 2026.
The Centre has made electric vehicles the default choice for official cars used by central government departments, setting a 20 lakh purchase limit for EVs against 10 lakh for petrol, diesel and hybrid vehicles. Conventional car purchases will require special approval.
Mutlibaggers: 7 stocks held by 100+ MF schemes in October rally up to 300% in FY27
An ETMarkets analysis identified seven stocks held by over 100 mutual fund schemes that have more than doubled in FY27 so far. Sterlite Technologies led with 303% gains, followed by Welspun Corp, Ather Energy and Laurus Labs.
Jagatjit Industries Q2 net loss narrows to Rs 4 cr, revenue rises 90%
Jagatjit Industries Ltd has reported a net loss of Rs 3.96 crore for the second quarter of FY27, significantly improving from Rs 27.91 crore lost during the same period last year. Total income surged to Rs 195.43 crore, up from Rs 103.11 crore. In the first half of FY27, the company posted an overall net loss of Rs 12.23 crore, a decrease from Rs 37.81 crore.
Rupee falls 8 paise to close at 94.20 against U.S. dollar
Forex traders said the U.S. dollar has strengthened, driven by stronger-than-expected U.S. inflation data, rising Treasury yields and hawkish remarks from U.S. Federal Reserve officials, reinforcing expectations of further monetary tightening
AMFI Rejig : Vedanta and HDFC AMC among 7 largecaps stocks that may get midcap status
AMFIs H1 CY27 reclassification may shift seven stocks, including Godrej Consumer and Ambuja Cements, from large-cap to mid-cap status as market-cap thresholds rise.
Inflation fears hit Indian markets; Sensex, Nifty fall
Indian benchmark indices Sensex and Nifty closed lower, snapping a three-day rally, as retail inflation surged to 6.09 per cent in October, breaching the RBI's upper tolerance limit and prompting economists to anticipate a policy rate hike next month.
Nvidia's share-price slump following the Jensen Huang controversy highlights the risks of investing in global markets. Experts explain five factors Indian investors should watch, from leadership stability and governance to valuations, geographical concentration and geopolitical risks.
Sensex, Nifty, Share Prices Highlights: Benchmark indices Sensex and Nifty ended lower on Friday, snapping a three-day rally amid anticipation of a policy rate hike by the RBI next month after retail inflation surged to 6.09 per cent in October.
Rupee falls 8 paise to close at 94.20 against US dollar
At the interbank foreign exchange market, the rupee opened at 94.07 against the dollar. During intra-day trade, it witnessed a high of 94.05 and a low of 94.28
Gem, jewellery exports up 34% on growing demand, rise in gold prices
Strong gold jewellery shipments and a recovery in polished diamond exports drive growth ahead of the crucial year-end holiday season.
Crystal Crop Protection's unlisted shares are commanding a 16-18% grey market premium ahead of its Rs 455.5 crore IPO. The public issue opens on November 18, with a price band of Rs 259-272 per share.
Indias gold imports plunge 62.57% to $5.51 billion in October as prices fall below $4,000/oz
Department of Commerce data show a steep decline in overseas gold purchases, even as the World Gold Council sees potential recovery signals
Southeast Asia To Need 4,985 New Planes By 2045
Boeing projects Southeast Asian airlines will require 4,985 new commercial aircraft by 2045 due to expanding fleets and replacements. The region's air passenger traffic is expected to grow 6.7% annually, outpacing economic growth, driven by rising incomes, tourism, and connectivity. Most new aircraft will be single-aisle, with a significant portion supporting fleet growth.
India's Exports Up 29.9% to $89.99 Billion in October
India's total exports, encompassing both merchandise and services, surged by 29.9 per cent to USD 89.99 billion in October, while the trade deficit simultaneously narrowed to USD 20.09 billion, according to recent government data.
Arihant Capital Markets gets SEBI nod to launch mutual fund biz
The proposed entry into asset management is a natural progression of this journey, the Madhya Pradesh-based company said in a statement
Indian rupee snaps rising streak on hawkish Fed, oil rise
In the past week, the Indian rupee faced downward pressure due to escalating oil prices. Although foreign investments offered some relief, they were insufficient to trigger a notable rebound. The Reserve Bank of India is expected to step in to boost forex reserves when the rupee shows strength. Furthermore, India's trade deficit in merchandise hit a yearly peak, compounding the rupee's challenges.
Arihant Capital gets SEBI's in-principle approval to launch mutual fund business
Arihant Capital Markets has secured preliminary approval from SEBI to act as a mutual fund sponsor, marking a significant step towards its vision of financial empowerment for Indian investors. With a legacy of over 30 years in market expertise, the firm looks to customize investment products that cater to diverse needs, further solidifying its commitment to fostering wealth creation and guiding individuals towards financial independence.
Banks Raise FD Rates After RBI Repo Rate Hike
Major Indian banks, including Bank of Baroda and Federal Bank, have begun raising interest rates on select fixed deposit (FD) tenures following the Reserve Bank of India's 25-basis points repo rate hike in October, with some special schemes offering up to 7.50% for senior citizens.
Microsoft outage: Outlook, Teams & Copilot hit by major disruption
Outlook, Teams and Copilot Down: Microsoft Investigates Service Disruption.
Auto ancillary shares: Sharda Motor, Fiem, Automotive Axles zoom up to 17%
Automotive Axles surged 17%, while Sharda Motors Industries and Fiem Industries were up 14% and 10%, respectively, on the BSE in Friday's intraday deals.
Paytm gets RBI nod for pre-paid instruments
A loan fraud case in Salem involving college students highlights the risks of identity theft and unauthorised loans. Here are 5 essential safety lessons to protect Aadhaar details, bank accounts and personal finances.
Parag Parikh Flexi Cap Fund has cut its cash holding from a peak of 25% to 8.78% in October. Does this make it more attractive? Experts decode the portfolio shift, recent performance and whether investors should stay invested or consider fresh investments.
Gold demand stays firm as lower prices draw festive buying
Domestic gold prices were trading around 137,000 rupees ($1,455.16) per 10 grams after falling to 135,530 rupees on Thursday, their lowest level since March 23
Mukul Agrawal portfolio stock J Kumar defies selloff, jumps 5% post Q2
On a year-to-date (YTD) basis, J Kumar's stock is down 22 per cent and has lost 35 per cent in two years.
Standard Chartered forays into GIFT City with launch of Signature CIO Funds
Standard Chartered has launched its wealth solutions from GIFT City, expanding international investment options for affluent clients in India. The offering includes four Signature CIO Funds, which provide access to the banks Chief Investment Office strategies through diversified, multi-asset portfolios. The bank plans to introduce additional wealth solutions over time, strengthening its presence in Indias growing international financial services hub.
Mutual funds reshuffled their large-cap portfolios in October 2026, increasing exposure to Max Healthcare, ITC and BSE while trimming holdings in HCL Technologies, Bajaj Auto and Coal India. Here are the top five stocks bought and sold across market-cap segments.
22, 24 carat Gold prices down across other cities on November 13
Todays Gold Rate, November 13: Check Gold Rates in Delhi, Mumbai, Chennai
22, 24 carat Gold prices down across metro cities on November 13
CAG to introduce AI-powered LLM 2.0 for auditors
The Comptroller and Auditor General of India (CAG) is set to introduce an in-house large language model (LLM) on Monday, developed by IIT Madras, to streamline auditing processes by providing a single platform for internal inspection reports, auditing standards, and guidelines.
Stock under 100: Turtlemint hits 5% upper circuit as Q2 loss narrows 67%
Turtlemint Fintech's net loss fell about 67 per cent Y-o-Y to 25.83 crore in the September quarter. The company had reported a loss of 78.45 crore in the year-ago period.
MCX share price hits new high, up 100% in one year; market cap nears 1 trn
At 12:53 PM on Friday, MCX with a market cap of 94,485 crore traded 3% higher at 3,722 on the BSE.
Cisco shares rally after earnings beat: 6 key things investors need to know
Cisco shares surge after strong Q1 FY2027 results, beating analyst estimates. Robust AI data-centre demand drives revenue growth, prompting the networking giant to raise its annual revenue and earnings forecasts.
Gold oversold, but further fall to $3,750 likely: Mirae Asset Sharekhan
In the short run, gold prices may extend their decline to test support around $3,750.
SIP openings at 18-month low, closures highest since April 2025
Systematic Investment Plan (SIP) account registrations in India fell to an 18-month low of 5.1 million in October, while closures surged to 5.9 million, the highest since April 2025, leading to a decline in active SIP accounts and monthly contributions.
Park Medi World shares plummet 10% as Q2 profit tanks 31%, margins slide
Park Medi World stock was listed on the Indian stock market on December 17 last year and continues to trade 58 per cent above the IPO price of 162 and 65 per cent above the listing price of 155.60.
PLI Schemes: NITI Aayog Flags Low Job Creation, Urges Policy Shift
India's Production-Linked Incentive (PLI) schemes have achieved only 28% of their targeted employment generation by FY26, despite mobilising 76% of the envisaged investment, according to a NITI Aayog assessment. The report highlights an uneven translation of manufacturing growth into job creation and calls for refining the schemes' design, shifting towards demand-side support and sector-specific interventions.
Honasa, Nykaa rally up to 4% in subdued market; record 52-week highs
Thus far in the calendar year 2026, Honasa Consumer's share price zoomed 80% and Nykaa surged 38%, against a 4% decline in the BSE Sensex.
Tesla-SpaceX Merger: Musk eyes December deal announcement
Tesla and SpaceX are reportedly advancing merger talks, with a potential December announcement. The proposed $3.5 trillion-plus deal could unite their AI, robotics, automotive and aerospace businesses.
A Royal Enfield owner alleged that his motorcycle repeatedly lost power during a Leh trip despite a pre-journey ECU update assurance. The South Delhi Consumer Commission has directed Eicher Motors and its authorised dealer to pay him 1 lakh.
Bank of Baroda hikes 555-day FD rates: How much will 1 lakh, 2 lakh and 5 lakh earn?
Bank of Baroda has raised its 555-day FD rates by 10 bps from 12 November 2026. General customers get up to 6.90%, and super seniors get up to 7.50%.
MSCI rejig: Which stocks may see the biggest inflows & outflows?
In a significant update, MSCI has revealed modifications to its indices, impacting several Indian stocks starting November 30. This shift is predicted to boost India's representation within the MSCI Emerging Markets Index. Notable stocks like Coforge and LIC are anticipated to attract considerable investments, while PI Industries may experience a decline.
Alkem shares fall 3% after Q2 results; MOFSL retains Neutral rating
MOFSL said that FY27 is the year of consolidation for Alkem, as the new business is facing a gestation period before scale-up, with operational cost front-loaded and revenue yet to pick up
Gold prices edged higher while silver plunged over 3% on MCX as rising oil prices fuelled inflation concerns and expectations of higher-for-longer interest rates. With India's retail inflation breaching the RBI's upper tolerance limit, investors are watching for a potential rate hike in December.
FGLOC to organise first Gold Summit in Kochi on November 17
It will also address common challenges faced by industry participants and explore ways to enhance the sectors overall operational capabilities
Hitachi Energy shares rally 12% on 86% rise in Q2 order inflows, PAT up 21%
Hitachi Energy's orders jumped 85.9 per cent to 4,120.8 crore in Q2FY27 from 2,217.1 crore a year ago. It secured a record-high backlog of 33,335.4 crore again, as of September 2026.
Power index rises 1%: Siemens Energy, GE Vernova rally up to 5%; here's why
Power stocks were in demand on Friday amid reports that the National Committee on Transmission approved a first-of-its-kind 1,150 kV transmission project worth 68,816 crore.
BSE widens WTI crude oil options strike range, cuts transaction charges
Revised contract specifications, effective November 27, also bring forward options expiry and waive authorised person charges
Q2 Results 12th November 2026 Highlights: businessline brings you the latest quarterly earnings, outlook and more.
Crystal Crop Protection sets price band for Rs 455.49 crore IPO, issue opens on November 18
Crystal Crop Protection has fixed a price band of Rs 259272 per share for its Rs 455.49 crore IPO, which opens on November 18. The agrochemical company plans to use part of the proceeds to repay debt and fund strategic growth initiatives.
Stock Markets on Nov 13: Sensex, Nifty fall on inflation concerns
Indian equity benchmark indices Sensex and Nifty slumped in early trade, ending a three-day rally, as profit-taking combined with concerns over surging retail inflation, which breached the Reserve Bank of India's upper tolerance limit, leading to anticipation of a policy rate hike. Track Sensex, Nifty on November 13.
Crude-sensitive stocks fall as oil trades at $95; BPCL, IndiGo down over 2%
On Dalal Street, shares of oil marketing companies fell over 2 per cent, with Bharat Petroleum Corporation leading the fall.
Carlsberg said to start road show for $600 million India IPO
Carlsberg is preparing a potential $600 million IPO of its Indian business, targeting a $4 billion valuation. The offering could launch as early as January 2027, comprising a 15% stake sale by its Danish parent. Strong IPO demand in India supports the listing outlook, with Carlsberg India reporting robust revenue.
Top pension fund to buy more India state bonds on high yields
SBI Pension Fund plans to increase investments in state government bonds, expecting higher yields amid rising supply. The $64 billion fund is pursuing a carry-focused strategy, favouring state and corporate debt for steady income. It also plans to increase large-cap equity exposure while maintaining a cautious approach towards bond duration.
Childrens Day special: practical money lessons and habits to teach your kids
From supermarket budgets and festive savings to board games and money diaries, simple everyday activities can help children learn financial discipline and build habits that last.
