Indian Market News

The Indian rupee continued its upward trend for the second consecutive day, opening 25 paise higher at 87.82 against the U.S. dollar on October 16. The gains came after former U.S. President Donald Trump claimed that India had committed to halting im

After months of consistent selling, foreign institutional investors (FIIs) have changed their strategy and are now net purchasers of Indian stocks. According to NSDL data, FIIs were net buyers in five of the seven trading sessions from October 7 to O

The Indian rupee witnessed its sharpest single-day rebound in nearly four months, recovering strongly from near-record lows on the back of likely central bank intervention and renewed optimism surrounding India-U.S. trade talks. Rupee Records Bigg

Kotak Mutual Fund confirmed that it will move ahead with the launch of its Kotak Gold Silver Passive Fund of Fund (FoF) as scheduled, even as silver prices remain high due to a temporary supply shortage. The fund house expects price stability after D

India’s banking sector is set for another major transformation as the government prepares a large-scale merger plan involving several public sector banks (PSBs). According to official sources, the proposal aims to consolidate smaller state-owned le

Shares of HDFC Life and Tata Communications rose sharply on October 15 as investors reacted positively ahead of the companies’ Q2 FY26 results for the July–September quarter. Tata Communications briefly touched a 52-week high during morning trade

Jerome Powell, Chair of the U.S. Federal Reserve, indicated that the central bank is likely to implement further interest rate cuts later this year to support the labour market. Speaking on Tuesday, Powell acknowledged that inflation has reaccelerate

India’s economy continues to defy expectations, expanding at a robust 7.8% in the first quarter of FY26 (April–June), driven primarily by strong private consumption. This growth keeps India at the forefront as the world’s fastest-growing major

Tech Mahindra Limited on October 14 reported a 4.5% year-on-year (YoY) decline in its consolidated net profit to ₹1,195 crore for the quarter ended September 30, 2025. Despite the fall in profit, the company’s revenue from operations rose 5.1% Yo

Two notable IPOs are set to make waves in Asia as Om Power Transmission in India and VPS Securities in Vietnam gear up for their public listings. Both companies have filed detailed plans with regulators, aiming to attract strong investor interest and

Adani Enterprises and Google have announced a significant $15 billion combined investment to construct the nation's largest AI data centre campus in Visakhapatnam, Andhra Pradesh, in a historic step that highlights India's expanding role in global te

India’s sovereign gold bond (SGB) liability has climbed to an all-time high of ₹1.5 trillion, driven by a steep surge in gold prices this financial year. Data from the Reserve Bank of India (RBI) indicates that despite prices rising more than 35%