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Indian Oil, Hindustan Petroleum and Bharat Petroleum will be allowed to access dollars under the facility from Monday, RBI says
A new report paints OpenAI’s financial picture in a more optimistic light.
Even with the rising use of AI, picking market-beating stocks has not become any easier this year, a new report finds.
Social Security is projected to become insolvent in six years. These are some of the creative solutions that are on the table, beyond raising payroll taxes.
Supply disruptions during the Atlantic hurricane season usually end up being a blip. This year could be very different.
Nifty 50 closes 1.30% higher at 22,520.45, adding 288 points, while the BSE Sensex advanced 1.23% to 72,472.33, a gain of 879.09 points
Steady inflows into equity schemes through SIPs and lump-sum investments could provide a saving grace
Zerodha founder Nithin Kamath warned that small and microcap stocks account for a substantial share of India’s margin trading facility book. He highlighted liquidity risks during market downturns, when smaller stocks may face sharper selling pressure.
He added that the government can support micro and trading MSMEs by exploring options for subsidising interest on loans
Under the new framework, settlement terms will comprise the settlement amount, disgorgement of wrongful gains, wherever applicable, and remedial and regulatory terms, earlier referred to as non-monetary terms
Tata Asset Management CEO Anand Vardarajan highlights how passive funds, SIFs and GIFT City are reshaping wealth management. He advocates combining active and passive strategies while monitoring global yields, inflation and valuations to build diversified portfolios.
History shows bull markets that get past their fourth year rarely throw in the towel, according to Truist Advisory Services.
The Indian equity markets saw a robust recovery as both the BSE Sensex and Nifty 50 registered remarkable gains. The Nifty 50 surged by 288.65 points, closing at 22,520.45, while the Sensex jumped 879.09 points. Notably, the Nifty IT index rose 3%, signaling a positive market sentiment. A total of 2,182 out of 3,684 stocks climbed higher, reflecting renewed investor interest in bargain opportunities.
Sensex, Nifty, Share Prices Highlights: Indian equities rebounded on Friday after a sharp selloff, with all Nifty sectoral indices trading higher, though elevated crude prices, heavy FPI outflows and global uncertainties continued to cloud the outlook.
Seven stocks from the BSE 1000 index hit fresh 52-week highs as the Sensex rallied 879 points. Cupid led the list with a 31% monthly gain, followed by Shreeji Shipping Global, Aditya Infotech and other stocks.
At the interbank foreign exchange market, the rupee opened at 96.74 against the US dollar; in intraday trade, the rupee touched a high of 96.51 and a low of 96.77 against the greenback
Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBI’s shift to calibrated tightening continue to cloud the market outlook.
Fresh positions built by participants led to a rise in silver prices, analysts say
On the Multi Commodity Exchange, the yellow metal contract for December delivery traded higher by ₹1,690, or 1.13 per cent, at ₹1,51,300 per 10 grams in a business turnover of 2,139 lots
An exchange-traded fund tied to freight futures is surging.
The artificial-intelligence build-out is most often associated with the dot-com boom at the end of the last century, but quants at one Wall Street giant have identified another parallel: the bell-bottomed, polyester suit, high-inflation era of the late 1970s.
The Nifty India Defence index rallied 25% in H1 FY27 despite broader market volatility, with 10 defence stocks gaining 50% to 600%. Six stocks, led by Sigma Advanced Systems, Unimech Aerospace, and MTAR Technologies, turned multibaggers by more than doubling investor wealth over six months, ACE Equity data showed.
IT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification programme. Strong Q2 results from TCS, easing oil prices and bond yields, and developments around OpenAI also supported sentiment. TCS gained after reporting 15% profit growth, while brokerages flagged near-term margin pressures and evolving AI-related risks.
Nifty IT index emerges as the best-performing sectoral index, while Nifty Oil & Gas was the sole sectoral laggard
Hospital stocks rose up to 5% after the government capped trade margins on non-scheduled anti-cancer drugs at 30%, potentially reducing medicine prices by 70%. Jefferies and Emkay expect manageable earnings impacts, despite near-term margin pressures. Jefferies favours Fortis, Manipal, Apollo, Max Healthcare and Medanta, citing strong demand and attractive valuations.
Benchmark 6.94% 2036 bond yield at 7.2667%
The Indian stock market has undergone a significant downturn, with nearly Rs 30 lakh crore wiped off its market capitalisation. Contributing factors include surging oil prices and elevated bond yields. Experts predict that any potential rebound hinges on the health of the broader economy. Additionally, Foreign Institutional Investors have been notably offloading their equities, while technical indicators display a cautious outlook as Nifty struggles against ongoing bearish trends.
December Brent oil futures at $102.79, down by 1.43%
State-run banks were spotted offering dollars right before the local spot market opened, most likely on behalf of the RBI, traders say
Forex traders say rupee opened on a positive note this morning with the dollar index down to 102 levels and Brent also down to $103.39 per barrel
In mid-September, foreign investors took a step back from Indian equities, causing significant shifts across multiple sectors. The financial services sector saw the largest impact, facing net outflows of Rs 6,943 crore. Concurrently, oil, gas, and fuel markets suffered a major withdrawal of Rs 4,469 crore amid increasing oil prices.
IT stocks lead advance; TCS rises 4.25%
Indian equity markets are facing the prospect of a ninth consecutive weekly downturn amid multiple challenges. This week alone, the Nifty index has dropped by around 0.8% following a significant slide. Factors such as foreign selling, surging crude oil prices, and a depreciating rupee have dampened market sentiment. Technical analyses reveal bearish patterns, raising alarm among investors. Financial institution executives express concern over possible future market trends and investor reactions.
Three Nifty 500 stocks, including Diamond Power Infrastructure, Sky Gold, and Anand Rathi Wealth, closed above their volume weighted average prices (VWAP) on October 8, according to StockEdge technical data. Closing above VWAP signals strong intraday buying interest as final traded prices exceeded the weighted average execution levels.
On Friday, the Indian stock market surged sharply, halting an eight-week decline in performance. Sensex and Nifty gained substantial points, driven by easing oil prices and strong buying in IT stocks. The Rupee rose against the US dollar as the dollar softened, and bond yields also cooled down. However, concerns over elevated crude prices and high US bond yields may pose challenges ahead.
Four NSE F&O stocks recorded over 10% growth in futures open interest on October 8, signalling increased trading positions and potential shifts in market sentiment among derivatives participants.