Thursday, October 23, 2025 News Archive | Financial News | Discvr | discvr.ai
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Thursday, October 23, 2025 News Archive

173 financial news articles • 0 videos

173 Articles
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neutral
3h ago

P&G, Sanofi, and HCA Healthcare Lead Friday’s Earnings Lineup

Procter & Gamble, Sanofi, and HCA Healthcare headline Friday’s pre-market earnings releases. Analysts anticipate resilient margins from consumer staples and healthcare players amid steady U.S. demand recovery. Investors also eye General Dynamics and ITW results for insights into industrial capital spending ahead of 2026 guidance updates. Broader S&P futures remain steady in early trading.
positive
3h ago

Indian Mutual Funds Boost IPO Investments to ₹22,750 Crore in 2025

Indian mutual funds have invested over ₹22,750 crore across eight major IPOs this year, led by HDFC and ICICI AMCs. Domestic funds contributed nearly 44% of total IPO fundraising in 2025, highlighting rising retail participation and confidence in India’s primary markets. Top allocations included Tata Capital, HDB Financial, and LG Electronics India IPO issues. Fund houses expect this trend to strengthen in FY26.
negative
3h ago

Tesla Shares Drop on Investor Concerns Over Growth Outlook

Tesla shares declined 3.8% Thursday after renewed investor skepticism regarding its slower model launch cadence and increased EV competition from Asian automakers. Analysts warn that the reduced product cycle may weigh on near-term demand, though long-term prospects remain supported by AI and autonomy expansion. The Nasdaq’s EV index slipped 1.2% in sympathy amid broader sector profit taking.
positive
3h ago

Lumen and Palantir Forge Multi-Year AI Infrastructure Alliance

Lumen Technologies and Palantir announced a multi-year collaboration aimed at enhancing enterprise-grade AI infrastructure. The partnership will integrate Palantir’s Foundry analytics platform with Lumen’s telecom and network data systems, enabling large-scale automation and predictive analytics for enterprises migrating to AI-native architectures. The initiative strengthens Palantir’s presence in telecom AI while expanding Lumen’s enterprise service ecosystem.
neutral
3h ago

Profit Booking Likely as Options Expiry Nears

Market experts anticipate a bout of profit booking and volatility ahead of monthly derivatives expiry. Heavy put writing around 25,750–25,800 signals buy-on-dip interest from domestic institutions. Analysts suggest investors trim leverage positions while maintaining a positive bias toward banking and FMCG segments. Overall trend remains bullish with support levels anchored around 25,700 on the Nifty.
neutral
3h ago

Analysts Warn of Short-Term Volatility in Bank Nifty

Analysts Warn of Short-Term Volatility in Bank Nifty

Experts expect a 4–6% pullback in Bank Nifty amid overbought conditions and FII selling; DIIs continue to support markets ahead of expiry.

positive
3h ago

Quantum Computing Stocks Surge on White House Investment Reports

Quantum computing firms including IonQ (+12%), Rigetti (+11%), and D-Wave (+8%) rallied sharply following reports that the U.S. Commerce Department may acquire strategic stakes in domestic quantum research companies. The move aims to strengthen America’s AI-hardware edge and mitigate reliance on overseas supply chains. Analysts see potential for a new wave of federal-supported AI infrastructure programs under the 2026 Tech Sovereignty Initiative.
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positive
3h ago

IT Sector Gains Momentum on India–US Trade Deal Progress

IT Sector Gains Momentum on India–US Trade Deal Progress
The Nifty IT Index surged 2.21%, its strongest move in three weeks, as optimism around the India–US trade deal boosted demand for software exporters. Infosys, TCS, and HCL Tech led the rally, while global investors bet on reduced cross-border data transfer tariffs. Analysts expect continued strength ahead of Q3 results, with the sector likely to outperform broader markets given improved sentiment and strong deal pipelines.
neutral
3h ago

Markets Expected to Consolidate Ahead of Weekend

Market strategists anticipate range-bound trading as profit booking emerges around 25,900 on the Nifty 50. Analysts highlight steady performance in FMCG, Private Banks, and Media, while Pharma and Oil & Gas show mild weakness before upcoming macro data releases. Experts recommend traders adopt light positions as index volatility is likely to persist until the release of key global inflation and trade numbers later this week.
neutral
3h ago

Kotak Mahindra Bank and Colgate Palmolive in Focus Today

Investors will closely track Kotak Mahindra Bank, Colgate-Palmolive, and Hero MotoCorp in today’s session as quarterly results and strategic announcements drive action. Midcaps like Sagar Cements and Kaynes Technology may see increased activity after their earnings updates. Analysts expect sectoral rotation toward defensives while momentum in autos and consumer names continues as Diwali-season demand boosts Q3 earnings visibility.
neutral
3h ago

Analysts Advise Caution as Markets Eye Macroeconomic Data

Ahead of weekend sessions, analysts recommend limited exposure as investors await key domestic macro data. Sector rotation continues with Private Banks, FMCG, and Media showing resilience while Oil & Gas and Healthcare remain flat. Global cues also stay mixed amid U.S. CPI expectations. Broking houses such as ICICI Direct and Angel One suggest maintaining stop-losses at crucial index levels while focusing on large-cap stability. The upcoming release of inflation and fiscal balance figures could influence next-week sentiment.
positive
3h ago

Sensex Extends Six-Day Rally Led by IT Gains

The BSE Sensex rose 130 points to close at 84,556, marking its sixth straight session of gains. IT heavyweights Infosys (+2.8%), TCS (+2.3%), and HCL Tech (+1.9%) lifted the index amid optimism surrounding an India–US trade deal. Energy and FMCG sectors remained steady while small- and mid-cap segments saw mild profit booking. Analysts expect the uptrend to continue toward the 85,000 mark if foreign institutional inflows persist alongside stable rupee and improving global risk sentiment.
neutral
3h ago

Nifty Faces Resistance at 25,950 as Range-Bound Trend Emerges

Nifty 50 is expected to remain range-bound between 25,600 and 26,100 as it approaches heavy resistance near 25,950. Analysts from Choice Broking project a consolidation phase following the four-week rally, while Bank Nifty remains firm above 57,600 ahead of monthly expiry. Traders suggest monitoring derivative open-interest clusters near 25,750 for directional cues. Broking houses advise maintaining a balanced exposure with selective long positions in large-cap banks and IT stocks amid steady foreign inflows and favorable macro data.
neutral
4h ago

Markets brace for key U.S. CPI release as Fed pause hopes rise

Traders worldwide await the U.S. CPI inflation data due Friday, with consensus forecasting a 0.3% month-on-month core increase, holding at 3.1% year-on-year. Economists suggest a reading within range may bolster confidence in a Federal Reserve rate pause through December. Equity futures stayed steady while gold edged higher amid risk recalibration. Analysts warn any upside surprise could reignite volatility and delay policy easing expectations into early 2026.
positive
4h ago

One & One Green Technologies celebrates Nasdaq debut with closing bell ceremony

Philippines-based recycling company One & One Green Technologies (NASDAQ: YDDL) will ring the Nasdaq closing bell on October 24, marking its formal market debut. The company’s IPO raised $112 million, signaling strong global investor demand for sustainability-linked firms. Focused on advanced waste management and plastic reuse solutions, YDDL plans to expand across Southeast Asia. Analysts say the listing underscores growing international appetite for climate-tech equities amid the ongoing ESG investment boom.
negative
4h ago

Tesla shares fall 4.8% after Elon Musk warns of EV demand weakness

Tesla shares dropped 4.8% on Thursday after CEO Elon Musk cautioned about ‘demand fragility in mature EV markets’. The remarks sparked a sell-off across EV stocks, dragging the Nasdaq EV Index down 2.1%. Analysts interpret Musk’s comments as a potential signal of slower Q4 deliveries amid rising competition from BYD and Hyundai. Despite this, long-term investors remain optimistic about Tesla’s AI-based manufacturing initiatives and cost-optimization programs targeting sustained margins in 2026.
positive
4h ago

Indian mutual funds deploy ₹22,750 crore in IPOs during 2025

Indian mutual funds have invested ₹22,750 crore across eight major IPOs in 2025, marking their highest annual allocation to public issues. Funds led by HDFC AMC and ICICI Prudential AMC accounted for nearly 60% of the total deployment. Analysts highlight this as a sign of growing institutional depth in domestic capital markets. Large-cap offerings such as Tata Capital, HDB Financial, and LG Electronics India saw strong participation from mutual funds amid muted foreign institutional inflows.
negative
4h ago

IBM shares tumble 6.5% after cloud revenue growth slows

IBM shares dropped 6.5% in premarket trading on Thursday, marking the company’s steepest decline in a year after Q3 results revealed slower growth in its cloud and cognitive software units. Analysts cited competitive pressures from Microsoft Azure and AWS as key contributors to the miss. Despite stronger performance in consulting and infrastructure services, investor sentiment weakened amid concerns over IBM’s AI monetization pace and margin compression. Shares are expected to stabilize post earnings call clarifications.
positive
4h ago

Lumen Technologies and Palantir form multi-year AI infrastructure alliance

Lumen Technologies and Palantir Technologies announced a multi-year partnership to integrate Palantir Foundry with Lumen’s telecom infrastructure. The collaboration will enable enterprises to deploy AI-driven analytics and network automation securely at the edge. The companies plan to offer modular AI solutions for smart cities, logistics, and cybersecurity. Analysts expect this move to strengthen both firms’ positions in AI infrastructure, marking another milestone in the convergence of telecommunications and enterprise artificial intelligence ecosystems globally.
neutral
4h ago

Nifty 50 expected to consolidate after 1,500-point four-week rally

Analysts predict Nifty 50 may consolidate between 25,600 and 26,100 as traders await key corporate earnings. The index has surged 1,500 points in the past month, driven by banking and IT gains. Technical experts highlight support at 25,750 and resistance at 26,277, advising caution amid overbought conditions. Broking firms including Bajaj Broking and Choice Broking forecast sideways movement with bullish bias into November, supported by healthy FII inflows and optimism around upcoming macroeconomic data.
positive
4h ago

Sensex posts sixth consecutive gain on IT sector rally

The BSE Sensex gained 130 points to close at 84,556 on October 23, marking its sixth straight session of gains. IT majors including Infosys, HCL Tech, and TCS led the advance amid optimism over a potential India-US trade deal. The Nifty 50 hovered near record highs with midcaps lagging due to profit booking. Analysts note steady foreign inflows and robust corporate earnings momentum could sustain the rally through November, though overbought technical levels may trigger short-term consolidation.
positive
4h ago

Sensex posts sixth consecutive gain on IT sector rally

The BSE Sensex gained 130 points to close at 84,556 on October 23, marking its sixth straight session of gains. IT majors including Infosys, HCL Tech, and TCS led the advance amid optimism over a potential India-US trade deal. The Nifty 50 hovered near record highs with midcaps lagging due to profit booking. Analysts note steady foreign inflows and robust corporate earnings momentum could sustain the rally through November, though overbought technical levels may trigger short-term consolidation.
positive
4h ago

Tata Motors completes demerger, launches Tata Motors Passenger Vehicles Ltd

Tata Motors has officially completed its restructuring by separating its passenger and commercial vehicle divisions. The new entity, Tata Motors Passenger Vehicles Ltd (TMPV), begins operations from October 24, 2025, to sharpen focus on electric and hybrid vehicles. The split aims to unlock shareholder value, enhance capital efficiency, and streamline leadership. Analysts project stronger investor traction as TMPV expands its EV lineup, while the commercial arm continues scaling logistics and heavy-duty transport operations under separate management.
positive
4h ago

Nasdaq launches Chronos 10% Index for volatility-managed exposure

Nasdaq has introduced the Chronos 10% Index (XNDXCR10) from October 24, 2025, providing dynamic exposure to the Nasdaq-100 Total Return Index. The benchmark rebalances up to seven times daily, maintaining 10% volatility for institutional and retail quantitative investors. Designed to attract risk-adjusted fund flows, the product aligns with growing demand for automated, intraday-managed indices in passive and ETF markets. Analysts see it as a key milestone in Nasdaq’s data-driven strategy to modernize global derivatives and structured-product offerings.
positive
4h ago

Pre-Market Watch: P&G and Sanofi Lead Busy Earnings Session

Investors are tracking pre-market earnings from Procter & Gamble (PG), Sanofi (SNY), HCA Healthcare, and General Dynamics as Wall Street evaluates corporate resilience ahead of CPI data. Analysts focus on P&G’s margin expansion from pricing and Sanofi’s pharma pipeline growth. Defense and healthcare names are expected to anchor Friday trading amid sector rotation into staples and utilities. Consensus forecasts point to mid-single-digit EPS growth across the group, reinforcing market confidence in earnings durability through year-end.
neutral
4h ago

Traders Brace for U.S. CPI Data Expected at 0.3% Core MoM

Global markets are poised for Friday’s U.S. CPI release, forecast at 0.3% month-on-month core and 3.1% year-on-year. Futures pricing implies a 75% chance of a Fed pause in December if figures meet expectations. Analysts expect services inflation to stay sticky while goods prices cool. A hotter print could renew bond yields above 4.7%, potentially pressuring equities. Traders are reducing leverage and rotating into Treasuries ahead of the data release.
neutral
4h ago

SAP Lowers 2025 Cloud Revenue Guidance Amid Currency Headwinds

SAP trimmed its 2025 cloud revenue forecast to the lower end of €17–17.3 billion as currency pressures and enterprise IT budget tightening weighed on sales. Shares fell 2.4% in Frankfurt trading after the update. Management highlighted resilient backlog growth in core ERP subscriptions but warned of a muted macro outlook in Europe. Analysts expect AI-driven products to support margins in 2026. SAP’s move follows similar cautions from Oracle and Salesforce as global CIO spending shifts to cost optimization over expansion.
negative
4h ago

Tesla Faces Investor Caution Amid Model Launch Strategy Shift

Tesla is facing renewed market skepticism after Reuters reported its pivot away from frequent new model launches toward incremental upgrades. Analysts fear the strategy could dampen excitement in key EV segments dominated by BYD and Hyundai. Shares edged 0.8% lower in extended trade. The company aims to cut costs through platform standardization and software-driven revenue. Investors await Musk’s commentary on Q4 production goals and Autopilot updates amid intensifying competition across China, India, and Europe.
neutral
4h ago

Bitcoin ETFs Cleared for Inclusion in 401(k) Retirement Plans

U.S. regulators have approved Bitcoin ETFs for inclusion within 401(k) retirement accounts, expanding crypto access to over 70 million workers. Asset managers such as BlackRock and Fidelity plan immediate rollouts. Analysts predict the move could add $50–60 billion in potential AUM if adoption reaches 5% of plans. Skeptics warn of volatility risks, citing Bitcoin’s 40% year-to-date swings. The decision marks a historic step in mainstream digital-asset allocation within U.S. retirement portfolios, signaling deeper convergence between crypto and traditional finance.
positive
4h ago

One & One Green Technologies Rings NASDAQ Bell After IPO Success

Philippines-based recycling and waste-management startup One & One Green Technologies (NASDAQ: YDDL) will ring the NASDAQ closing bell on October 24 to commemorate its U.S. listing. The company raised over $250 million in its IPO, becoming Southeast Asia’s newest green-tech entrant to American markets. Management said proceeds will fund expansion into advanced plastic recovery and battery recycling. Investors see the debut as a milestone for Asia’s circular-economy startups aiming to scale sustainability technologies across North America and the ASEAN region.
positive
4h ago

Indian Mutual Funds Invest ₹22,750 Crore Across 2025 IPOs

Indian mutual funds have invested ₹22,750 crore across eight major IPO deals in 2025, accounting for 44% of total funds raised. Tata Capital, HDB Financial Services, and LG Electronics India led institutional allocations, reflecting renewed domestic appetite for equity issuances. Industry data shows financial and consumer segments drew the largest flows. Analysts see the trend as a vote of confidence in India’s IPO pipeline and long-term retail participation growth through mutual fund channels ahead of FY26.
negative
4h ago

IBM Shares Plunge 6.5% as Cloud Momentum Stalls

IBM fell 6.5% in premarket trading after reporting slower-than-expected growth in its cloud and AI software segments, marking its sharpest single-day drop in a year. Revenue from hybrid cloud operations missed analyst estimates amid weaker enterprise spending and currency headwinds. Management maintained full-year guidance but warned of near-term margin compression. Analysts view the results as a setback to IBM’s transition toward higher-growth digital services after its Watson AI revamp. Investors will watch Q4 pipeline stability before re-rating the stock.
positive
4h ago

Lumen and Palantir Forge Multi-Year AI Infrastructure Alliance

Lumen Technologies and Palantir Technologies announced a multi-year partnership to co-develop secure enterprise AI infrastructure. The collaboration combines Palantir’s Foundry and AIP analytics suites with Lumen’s edge-computing and fiber networks, enabling governments and Fortune 500 clients to deploy data pipelines with lower latency and built-in compliance. Executives said the alliance will accelerate adoption of predictive-AI tools in telecom, logistics, and manufacturing. Both firms expect initial revenue impact in early 2026 as customers migrate workloads from legacy cloud systems.
positive
4h ago

Wall Street Ends Thursday Higher Ahead of CPI Data

U.S. equities closed modestly higher on Thursday as investors positioned ahead of Friday’s key inflation report. The S&P 500 climbed 0.74% to 6,748, the Dow rose 0.57%, and the Nasdaq advanced 0.9%, driven by renewed interest in technology heavyweights such as Nvidia and Amazon. Energy and industrials also contributed to gains following stronger-than-expected durable goods orders. Traders expect Friday’s CPI data to confirm cooling price pressures that could justify a December Federal Reserve pause, reinforcing optimism for a soft-landing outlook through Q4 2025.
neutral
4h ago

JPMorgan Warns CPI Could Trigger Volatility Spike

JPMorgan strategists cautioned that Friday’s U.S. CPI release could reset market risk premiums if inflation overshoots expectations for a 0.3% core rise. The bank expects the VIX volatility index to jump above 20 on any surprise upside. Traders positioned defensively ahead of the data, reducing leverage and rotating into treasuries. Analysts say an inline print could reassure equity markets but warn that sticky inflation may extend policy uncertainty through year-end.
positive
5h ago

Honeywell Shares Jump 7% on Strong Aerospace Earnings

Honeywell surged 7.3% after reporting third-quarter sales that exceeded forecasts, its best single-day gain in over two years. Revenue rose 6% year-on-year, driven by strong aerospace component demand and resilient building-automation orders. Management reaffirmed full-year guidance and cited continued supply-chain recovery. Analysts upgraded the stock citing operational discipline and a solid Q4 pipeline. Honeywell’s results further highlight industrial resilience amid global rate uncertainties.
positive
5h ago

Trump-Xi Summit Plans Lift Global Trade Sentiment

Investor confidence improved after Washington confirmed that President Donald Trump and Chinese President Xi Jinping will meet next month to discuss easing software export tariffs and restoring bilateral trade stability. Markets viewed the announcement as a potential de-escalation in the trade tensions that had weighed on equities. Analysts expect the meeting to address semiconductor restrictions, supply-chain diversification, and global inflation control. Asian futures rose modestly following the news, while U.S. stocks extended mild pre-market gains overnight.
positive
5h ago

Analysts Expect Market Leadership to Broaden Beyond Tech

Strategists see U.S. stock leadership expanding beyond mega-cap technology names as financials, industrials, and healthcare sectors deliver stronger-than-expected Q3 results. The S&P 500’s equal-weight index outperformed the tech-heavy benchmark this week, signaling healthier market breadth. Analysts attribute the rotation to resilient consumer demand, moderating inflation, and improved corporate earnings quality. Wall Street expects 2026 growth to be driven by cyclical sectors as AI enthusiasm normalizes and valuation gaps narrow between growth and value equities.
neutral
5h ago

Intel Earnings Expected to Highlight Margin Pressure

Wall Street analysts expect Intel’s third-quarter earnings to reveal stable revenue but tighter margins amid intensifying GPU competition. The chipmaker faces pricing pressure from Nvidia and AMD in the data-center segment, while PC demand shows gradual recovery. Analysts project Q3 EPS near $0.32 on revenue of $14.4 billion. Investors are focused on operating leverage from the foundry business and capital expenditure discipline. Results will be closely watched for signs of semiconductor demand stabilization heading into 2026.
positive
5h ago

Oil Surges 5% and Gold Climbs 1% as Commodities Rebound

Oil prices spiked 5% to $61 per barrel following renewed sanctions-driven supply concerns, while gold gained 1% on safe-haven inflows. Analysts cited a rare synchronized commodities rally as investors hedged against inflation and geopolitical uncertainty. The dual-session rebound marked the strongest performance since mid-2024, with energy and metals ETFs seeing record volumes. Traders expect volatility to persist as markets digest mixed economic data and anticipate Friday’s CPI release for cues on inflation trajectory.
negative
5h ago

Tech Weakness Persists as Retail Buying Slows

Tech shares underperformed again as retail investor inflows dropped below $4.2 billion, according to JPMorgan. Nasdaq 100 futures traded flat after a 1% loss Wednesday, weighed by weak Tesla and Netflix results. Analysts note fatigue in consumer sentiment following a strong September rally. Institutional activity remains concentrated in defensives and energy. With earnings season half complete, market breadth remains narrow. JPMorgan warned that elevated valuations could heighten volatility ahead of the upcoming inflation print.
positive
6h ago

Quantum Stocks Jump on U.S. Federal Investment Rumors

Quantum computing shares surged as reports emerged that Washington is evaluating federal stakes to strengthen national competitiveness in AI and high-performance computing. IonQ jumped 12%, Rigetti 10%, and D-Wave 8% in heavy trading. Analysts believe public investment could catalyze broader adoption of quantum research and manufacturing. The proposed policy is seen as aligning with strategic technology frameworks under the AI and Innovation Security Act. Market optimism grew as investors speculated on long-term defense and data applications.
positive
6h ago

Energy Stocks Rally on Russia Sanctions Boost

Energy shares surged after Washington imposed sanctions on Russia’s top oil majors, lifting crude prices nearly 5% to $61 a barrel. ExxonMobil (+3.5%), Chevron (+3%), and Occidental (+2.8%) led gains as investors rotated into the energy sector. Analysts view the move as short-term bullish for U.S. producers amid tightening global supply. Oil prices also benefited from strong U.S. refining margins and renewed OPEC output discipline. The Energy Select SPDR Fund posted its best daily performance in three months.
neutral
6h ago

Wall Street Inches Higher as Traders Await CPI Report

U.S. stocks edged up slightly as investors looked ahead to Friday’s inflation report. The Dow added 0.15%, S&P 500 gained 0.38%, and Nasdaq rose 0.67%. Weakness in Tesla (-3.8%) and IBM (-4%) offset strength in oil and energy names amid rising crude demand. Market participants remain cautious but optimistic that CPI data could confirm easing inflation trends, supporting expectations of a Federal Reserve policy pause. Trading volumes stayed moderate as tech and retail sectors consolidated recent gains.
positive
6h ago

Gold Prices Rebound 2% after Sharp Weeklong Decline

Gold prices rose 2% intraday after suffering their steepest weekly fall in a decade. The rebound was driven by renewed safe-haven demand as investors reassessed global trade risks following new US tariffs on Chinese imports. Analysts expect near-term consolidation between $1,950 and $2,000 per ounce ahead of the Federal Reserve’s November policy meeting. Silver also climbed 1.5% while platinum remained stable. Commodity experts believe gold’s upside will depend on inflation data and dollar strength in coming weeks.
positive
6h ago

Indian Startups Record ₹6.05 Lakh Crore Festive Sales Boom

Indian e-commerce startups achieved record-breaking Diwali week sales totaling ₹6.05 lakh crore, led by Flipkart, Amazon India, and Meesho. Auto startups including Tata Motors’ EV division delivered over one lakh festive vehicles. Consumer electronics and fashion categories also posted double-digit growth. Analysts cite robust digital infrastructure, rising disposable income, and competitive pricing as key drivers of the festive surge. The trend underscores the expanding scale of India’s online retail ecosystem ahead of Q4 earnings season.
positive
6h ago

India–US Trade Pact Nears Completion with Focus on Tariff Cuts

The India–US trade negotiations have reached final stages, with officials confirming key discussions on tariff reductions for electronics, agriculture, and defense components. The proposed deal also includes provisions on digital trade, intellectual property, and sustainability. Government sources suggest a signing announcement could arrive before mid-November. Analysts expect the pact to boost bilateral trade by over 20% in 2026, improving India’s export competitiveness and reinforcing strategic economic ties between New Delhi and Washington.
negative
7h ago

Asian Markets Slip amid Renewed US Tariff Concerns

Asian equities declined for a second consecutive day as investors reacted to renewed US tariff threats on Chinese software exports and fresh sanctions on Russian entities. Japan’s Nikkei dropped 0.8%, while Hong Kong’s Hang Seng slipped 1.1%. Energy stocks outperformed as Brent crude rose to $88 per barrel, offsetting partial regional losses. Analysts attribute the decline to escalating trade frictions and global risk aversion ahead of key inflation data releases in the United States.
positive
7h ago

T-Mobile Lifts 2025 Forecast after Record 5G Subscriber Additions

T-Mobile US raised its full-year guidance after posting record wireless subscriber additions that outpaced AT&T and Verizon. The carrier added 2.6 million 5G users in Q3, driven by network expansion and competitive pricing. Management highlighted its focus on rural coverage and enterprise solutions as growth drivers. The stock gained 2% post-announcement, with analysts calling T-Mobile the “strongest growth story in US telecom.”
negative
7h ago

EU Files New Antitrust Complaint against Apple over App Store Rules

The European Union’s Digital Markets Authority filed a fresh antitrust complaint against Apple, alleging its App Store practices violate the Digital Markets Act. Officials claim Apple’s developer fees and data controls limit competition and consumer choice. Apple responded that it remains compliant and is reviewing the notice in detail. Analysts say the case could reshape global regulation for app marketplaces if penalties are upheld under the DMA framework by 2026.
positive
7h ago

Robert Kiyosaki Calls Bitcoin the Ultimate Hedge against Fiat Decline

Author Robert Kiyosaki reiterated his bullish stance on Bitcoin, encouraging investors to accumulate as whale purchases rise. He stated, “Fiat is dying; Bitcoin is freedom,” emphasizing the cryptocurrency’s finite supply and inflation hedge value. Analysts noted increasing on-chain accumulation by long-term holders, suggesting renewed confidence despite short-term price weakness. Kiyosaki added that Bitcoin will outperform traditional assets once governments resume money printing to counter economic slowdowns.
negative
7h ago

Crypto Market Declines for Seventh Straight Day amid Tariff Fears

The global crypto market cap slipped 1% to $3.74 trillion as Bitcoin fell 0.2% to $108,000, marking its seventh consecutive daily loss. Analysts attributed the downturn to renewed tariff threats by the US on Chinese imports, triggering nearly $19 billion in liquidations across major exchanges. Ethereum hovered near $3,800 with neutral sentiment. Altcoins including BNB and SOL followed the broader decline, while traders anticipate short-term volatility before stabilization as macro uncertainty lingers.
neutral
7h ago

US Stocks Rise on Earnings Momentum; Investors Await CPI Data

US equities traded higher on Thursday as corporate earnings continued to impress investors. The Dow added 0.02%, S&P 500 climbed 0.29%, and Nasdaq gained 0.49%. Strong results from Dow Chemical, 3M, and Las Vegas Sands offset weakness in IBM, whose shares dropped 3% after cloud revenue missed forecasts. Market participants remain focused on the upcoming CPI inflation report following a three-week data gap, with expectations that cooling prices could reinforce speculation of a rate pause by the Federal Reserve.
positive
7h ago

Sensex Extends Winning Streak as IT Stocks Lead Gains

Sensex Extends Winning Streak as IT Stocks Lead Gains
The BSE Sensex rose for a sixth consecutive session, closing 130 points higher at 84,556 amid robust gains in Infosys, TCS, and HCL Tech. Optimism around the India–US trade pact supported investor sentiment, even as mid- and small-cap stocks saw mild profit-booking. Analysts highlight continued strength in IT and banking sectors, while foreign inflows remain steady. With festive demand strong and macro fundamentals intact, market watchers expect near-term consolidation before a potential breakout above the 84,700 level.
neutral
11h ago

Honeywell and Blackstone set for contrasting Q3 showings; earnings forecasts diverge

Pre-market consensus for October 23 places Honeywell International’s Q3 EPS at $2.56, down 0.78% YoY, continuing a mild industrial slowdown, while Blackstone Inc. is projected to post $1.22 EPS, up 20.79% YoY on record private-equity realizations. Analysts expect Honeywell’s steady backlog in aerospace and building-automation to cushion margins despite weaker orders. Blackstone’s growth is driven by alternative-asset inflows crossing $1 trillion AUM. Investors await management commentary on 2026 guidance as both companies navigate high interest rates and industrial cost pressures affecting U.S. capital-goods and investment-management sectors.
neutral
11h ago

Best Banks and NBFCs for Loan Against Mutual Funds in 2025

Top lenders for Loan Against Mutual Funds (LAMF) in India include both banks and NBFCs. HDFC Bank offers 9.5–10.5% interest with quick online approval for existing clients. ICICI Bank provides 10–11% with an overdraft facility. Axis Bank charges 10.5% and supports flexible tenure plans. Kotak Mahindra Bank offers 10–10.75% and the highest loan-to-value (LTV) ratio of up to 80%. Among NBFCs, Bajaj Finance (11–12%) and IIFL Finance (11.5%) are preferred for speed. Compare interest rates, fees, and LTVs before choosing.
neutral
11h ago

Super Micro trims Q1 revenue forecast amid shipment delays in AI hardware demand

Super Micro Computer Inc. lowered its fiscal Q1 2026 revenue guidance on October 23, citing delayed deliveries from enterprise customers deploying large-scale AI server infrastructure. The company now expects sales between $3.6 billion and $3.9 billion, down from an earlier $4.1–$4.5 billion range. Management attributed the cut to project-timing adjustments rather than demand weakness, reaffirming full-year growth driven by accelerated computing and liquid-cooling systems. Shares dipped 6.3% in pre-market trading. Analysts believe backlog visibility and Nvidia-linked partnerships will stabilize performance as hyperscalers resume AI-hardware procurement in late Q4.
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positive
11h ago

How Rahul Used LAMF to Save 30% on His Home Loan

Rahul, a 32-year-old professional, needed ₹15 lakh for his house down payment. Instead of redeeming his ₹20 lakh mutual fund portfolio—which would have triggered ₹2.5 lakh in capital gains tax—he opted for a Loan Against Mutual Funds (LAMF) at a 10% interest rate. His investments earned 14% returns over two years while the loan cost ₹3 lakh in interest, yielding a net gain of ₹2.6 lakh plus ₹2.5 lakh in tax savings. This educational case shows how LAMF preserves long-term compounding benefits.
neutral
11h ago

IT stocks lift Nifty as Infosys and HCL Tech outperform; Bharti Airtel, Tata Consumer slip

Indian IT majors extended gains on October 23, pushing the Nifty IT index up 2% while the Private Bank index rose 0.5%. Infosys advanced 4% after promoters dropped plans for an ₹18,000 crore share buyback, HCL Technologies gained 3.2%, and TCS rose 2.7%. Conversely, Bharti Airtel and Tata Consumer Products declined 1.4% and 0.9%, respectively, on profit-booking. Broader indices showed mixed sentiment with small-caps under pressure. Analysts said selective rotation toward export-driven tech counters is likely to continue as investors position for steady Q3 results amid global macro uncertainty.
neutral
11h ago

Documents Required for Loan Against Mutual Funds

Applying for a Loan Against Mutual Funds (LAMF) involves simple documentation. You’ll need: (1) KYC documents like PAN card, Aadhaar, and a recent passport photo; (2) valid ID and address proof—such as a voter ID, driving license, or recent utility bill; (3) 3–6 months of bank statements; (4) latest mutual fund statement showing units and NAV; (5) demat account details for electronic pledging; (6) income proof—salary slips or ITR—for loans exceeding ₹10 lakh. Digital uploads ensure quick verification and approval.
positive
11h ago

Apply for Loan Against Mutual Funds in 5 Minutes

Getting a Loan Against Mutual Funds (LAMF) online takes only minutes. Visit your preferred bank or NBFC’s website—like HDFC, ICICI, or Bajaj Finance—and log in to your account. Select ‘Loan Against Securities’ or ‘LAMF’ from the dashboard. Choose mutual fund units from your demat account to pledge. The system instantly calculates the eligible amount based on NAV and LTV limits. E-sign the agreement via Aadhaar OTP, and funds are credited directly to your bank account—no physical paperwork or branch visits required.
positive
11h ago

AI startups secure majority share of 2025 global venture capital, reshaping tech investment trends

A CB Insights report revealed that artificial intelligence startups have captured 51% of all global venture capital funding in 2025 to date — the highest ever recorded. Total AI deal value surpassed $180 billion across 2,900 transactions, with the United States accounting for 85% of investment volume and Asia contributing 10%. Analysts highlight increased ticket sizes and concentration in core infrastructure, autonomy, and enterprise software firms. The surge underscores AI’s transition from emerging technology to critical backbone for industry, driving global competition among cloud and semiconductor players for funding leadership.
positive
11h ago

Top 5 Lender Tips to Manage Your LAMF Effectively

Efficient management of a Loan Against Mutual Funds (LAMF) can help investors avoid financial stress. First, monitor your NAV weekly to prevent surprise margin calls. Second, maintain at least a 10–15% collateral buffer above the lender’s required LTV ratio. Third, opt for auto-debit or standing instructions to ensure timely interest payments. Fourth, avoid pledging high-volatility equity funds during market peaks. Finally, reassess loan exposure quarterly to align with investment goals and changing interest rates for optimal risk control.
neutral
11h ago

Indian equities edge higher as US-India trade negotiations boost investor sentiment

Indian equity indices showed cautious optimism on October 23 following renewed progress in India-US trade-deal discussions. The GIFT Nifty traded 32 points higher at 25,925, signaling positive cues for domestic markets. Sectors such as information technology, auto, and infrastructure saw selective buying after reports of tariff-relief proposals and expanded market-access commitments. Foreign institutional investors remained net buyers for the second session, while rupee stability added comfort. Analysts said the diplomatic momentum supports export-linked sectors but warned that global bond yields and oil volatility may cap near-term upside in equities.
neutral
11h ago

What Is a Margin Call in LAMF? How to Handle It

A margin call in a Loan Against Mutual Funds (LAMF) arises when the NAV of pledged units falls, pushing the loan-to-value (LTV) ratio above the lender’s permitted limit. For example, borrowing ₹5 lakh against ₹10 lakh NAV (50% LTV) becomes risky if NAV drops to ₹8 lakh, raising LTV to 62.5%. The lender then demands corrective action—either pledging more units, repaying part of the loan, or adding cash collateral. Failure to respond can result in forced unit liquidation at market value.
neutral
11h ago

Indian equities edge higher as US-India trade negotiations boost investor sentiment

Indian equity indices showed cautious optimism on October 23 following renewed progress in India-US trade-deal discussions. The GIFT Nifty traded 32 points higher at 25,925, signaling positive cues for domestic markets. Sectors such as information technology, auto, and infrastructure saw selective buying after reports of tariff-relief proposals and expanded market-access commitments. Foreign institutional investors remained net buyers for the second session, while rupee stability added comfort. Analysts said the diplomatic momentum supports export-linked sectors but warned that global bond yields and oil volatility may cap near-term upside in equities.
neutral
11h ago

3 Major Risks of Loan Against Mutual Funds

Loans Against Mutual Funds (LAMF) offer liquidity but come with notable risks. First, market volatility can erode NAVs by 20–30%, triggering margin calls. If borrowers can’t add collateral or repay, lenders may forcibly liquidate holdings at depressed prices. Second, interest costs can outweigh fund returns—borrowing at 11% while earning 8% results in net loss. Third, easy credit access can lead to overleveraging. Experts advise maintaining a 10–15% safety buffer above LTV and borrowing conservatively to avoid repayment stress.
neutral
11h ago

Using LAMF for Investment Leverage: Smart or Risky?

Experienced investors sometimes use a Loan Against Mutual Funds (LAMF) to leverage higher returns. A common strategy involves borrowing against debt funds at 9–10% interest and reinvesting into high-growth equity funds aiming for 15–18% returns, generating a 5–8% potential spread. For instance, a ₹10 lakh debt portfolio may support a ₹7 lakh equity allocation through leverage. However, sharp market corrections can trigger margin calls and dual losses. Experts advise keeping leverage below 30% and maintaining cash reserves for volatility.
neutral
11h ago

India sees surge in startup exits, hitting seven-year high despite funding slowdown in Q3 2025

India’s startup ecosystem witnessed a record surge in exits during Q3 2025, reaching a seven-year high even as overall venture funding cooled. Data from Business Standard shows 48 exits through IPOs, mergers, and secondary transactions, totaling nearly $3.9 billion in realized value. Analysts attribute the increase to improved liquidity preference among investors, regulatory clarity, and valuation normalization. Despite slower new-fund formation, India remains the world’s third-largest startup hub. Industry experts say the trend signals maturing capital markets and investor appetite shifting toward profitable, scalable technology businesses in the mid-growth stage.
positive
11h ago

Lumen and Palantir forge multi-year alliance to fast-track secure enterprise AI adoption

Lumen Technologies and Palantir Technologies announced a multi-year partnership aimed at accelerating secure enterprise-scale AI deployment across telecom, defense, and government clients. Lumen will integrate Palantir’s Foundry and AIP platforms into its Edge Cloud infrastructure to deliver data-driven analytics with latency below 10 milliseconds. The collaboration targets federal and Fortune 500 organizations seeking compliant AI solutions. Executives said the venture aligns with demand for sovereign data governance and predictive-insight automation. Analysts expect the alliance to expand Palantir’s commercial reach while deepening Lumen’s enterprise cloud and cybersecurity revenue streams over the next two years.
neutral
11h ago

VC backdrop shifts as India records seven-year high in startup exit activity in Q3

A report from KPMG Private Enterprise finds that while venture-capital investment in India slowed during Q3 2025, exit volumes surged to a seven-year high. Exit value in Q3 was driven by IPOs and acquisitions, reflecting an evolving ecosystem. Although new funding trended down, the record exits signal investor confidence in the monetisation cycle. Analysts say this divergence may encourage limited-partners to stay engaged in later-stage rounds. The shift also underpins readiness of Indian startups to deliver liquidity, bolstering long-term funding viability and ecosystem maturity.
neutral
11h ago

Quarterly earnings lineup highlighted by Colgate Palmolive India and Laurus Labs today

Today marks an earnings day for select Indian mid-caps with Colgate Palmolive India Ltd., Laurus Labs Ltd., Tata Teleservices Ltd. and PTC India Financial Services Ltd. reporting quarterly results after market close. Investors await revenue growth, margin trends and volume data across FMCG, pharmaceuticals, telecom and NBFC segments. Analysts will focus on Colgate’s niche product launches, Laurus’ API export momentum, Tata Teleservices’ cost rationalisation and PTC India’s non-performing asset trends. The stock market is anticipating these results to influence sectoral rotation and mid-cap sentiment in the near term.
positive
11h ago

LAMF Loan Volumes Surge 45% YoY: Report

India’s Loan Against Mutual Funds (LAMF) market expanded 45% year-on-year to ₹85,000 crore in FY2024–25, according to a CRISIL report. Growth was driven by rising mutual fund participation—now exceeding 6.5 crore investor accounts—and improving financial awareness. Millennials aged 25–40 comprised nearly 62% of borrowers, using LAMF for housing, business, and liquidity needs. Debt schemes accounted for 38% of pledges, hybrids 32%, and equity funds 30%. NBFCs’ market share climbed to 35% from 28%. Analysts forecast a 30% CAGR through FY2027 as AUM tops ₹60 lakh crore.
positive
11h ago

SEBI approves eight new IPOs including Shadowfax and ARCIL amid reviving capital-market momentum

India’s primary market activity accelerated as SEBI approved eight IPO proposals, including ARCIL, Shadowfax Technologies, and Rayzon Solar. Together, the offers may mobilize over ₹8,500 crore in the coming weeks. The renewed pipeline signals strong investor appetite for growth-oriented mid-caps and infrastructure plays. Bankers expect November to see at least ten listings amid robust liquidity and favorable valuation multiples. Market experts said the trend reflects rising confidence in India’s equity-capital ecosystem after a muted first half of FY25. SEBI also issued guidelines for disclosure standardization to enhance investor transparency.
neutral
11h ago

Digital-asset market logs seventh straight decline as investors remain risk-averse

Cryptocurrency prices dipped for a seventh consecutive session on October 23 despite Bitcoin holding around $108,544 and Ethereum at $3,810. Total market capitalization stood near $3.75 trillion, down 2.3% week-on-week. Analysts blamed profit-booking and uncertainty around global rate moves. Meme tokens saw sharp outflows while stablecoin volumes rose. Traders expect near-term consolidation until macro data clarifies risk appetite. BNB and SOL remained resilient, posting minor gains. Despite the pullback, market funding rates stayed positive, suggesting limited bearish leverage.
positive
11h ago

AutoNation lifts quarterly profit outlook after $7 billion Q3 revenue and solid EPS growth

AutoNation posted Q3 2025 revenue of $7 billion, up 7% year-on-year, with adjusted EPS rising to $5.01 from $4.22 a year ago. The company credited higher new-vehicle sales and expanding after-sales services for the improvement. Gross profit per vehicle increased 4% while service-segment income gained 9%. Management reaffirmed FY 2025 cash-flow guidance and authorized an $800 million share-repurchase plan. CEO Mike Manley highlighted balanced inventory and sustained consumer demand despite tighter credit conditions. Analysts said AutoNation’s diversified revenue base cushions against interest-rate volatility and positions the firm for continued margin strength into 2026.
negative
11h ago

LAMF Gone Wrong: Investor Loses 40% in Market Fall

In January 2024, Priya pledged her ₹10 lakh equity mutual fund portfolio to borrow ₹5 lakh through a Loan Against Mutual Funds (LAMF). When markets fell 25% by March, her portfolio’s NAV dropped to ₹7.5 lakh, triggering margin calls. Unable to provide extra collateral, her holdings were liquidated at low valuations. She lost ₹2.5 lakh in notional value and paid roughly ₹50,000 in interest and penalties. The case underscores why borrowers should maintain buffers and avoid leveraging during volatile market cycles.
positive
11h ago

New ₹500 crore deep-tech fund to power IIT Madras Research Park’s next wave of innovation

A ₹500 crore venture capital vehicle is being readied under the IIT Madras Research Park to finance early-stage deep-tech ventures in AI, semiconductors, and sustainability. Scheduled for launch by March 2026, the fund will invest ₹2–10 crore per startup from seed to Series A. Corporate partners and alumni investors will anchor the corpus to translate lab research into scalable businesses. The park already hosts over 200 startups and 75 corporate R&D centers. Experts say the initiative strengthens India’s pipeline for commercializing deep-science innovations and building globally competitive IP portfolios.
neutral
11h ago

SEBI Issues New LAMF Guidelines: What Changed?

The Securities and Exchange Board of India (SEBI) introduced revised rules for Loans Against Mutual Funds (LAMF) in February 2025 to enhance investor safety and market transparency. Key updates include standardized LTV caps—equity funds now limited to 50% (previously 60%) and debt funds to 70%. Lenders must provide a seven-day cooling period between margin calls and liquidation. Full fee disclosure and mandatory leverage-risk warnings are now compulsory in loan documents. Grievance redress timelines are shortened to 15 days. Existing loans remain valid until renewal.
positive
11h ago

Equity mutual funds in India sustain double-digit gains with top schemes topping 15% YTD returns

Indian mutual funds extended their performance streak with top equity schemes generating over 15% returns in the first nine months of FY25. ICICI Prudential Focused Equity Fund led with 16.59%, followed by Kotak Focused Fund at 15.81%. Strong SIP inflows of ₹19,200 crore in September lifted AUM to ₹26.7 trillion. Fund managers pointed to consistent corporate earnings, consumer demand, and pre-budget optimism. Analysts expect continued retail inflows though valuation risks remain elevated as investors rotate towards infra and consumption-oriented sectors for the next quarter.
positive
11h ago

Dell forecasts $20 billion AI-server shipments for FY26 as enterprises ramp up data-center spending

Dell Technologies Capital projected AI-server shipments worth $20 billion in FY26, citing accelerating demand for machine learning infrastructure and cloud data centers. The company reported a 14% YoY rise in its infrastructure revenue to $5.9 billion in Q3 2025. Executives highlighted new venture investments in AI security, silicon optimization, and generative compute. CFO Yvonne McGill said Dell will continue funding emerging AI ecosystems through strategic partnerships. Analysts see the forecast as evidence of Dell’s push to challenge cloud providers and rival OEMs for AI workload dominance.
positive
11h ago

Using LAMF for Business: Tax-Deductible Interest?

Entrepreneurs can leverage a Loan Against Mutual Funds (LAMF) to fund business operations at 9–12% interest, often cheaper than unsecured business loans charging 12–18%. When used strictly for business purposes, LAMF interest qualifies as a tax-deductible expense under Section 36(1)(iii) of the Income Tax Act, effectively lowering borrowing costs. For instance, a 10% rate in the 30% tax bracket translates to roughly 7% post-tax. Maintain invoices and ledgers linking proceeds to business use, as mixed-purpose loans lose deductibility eligibility.
neutral
11h ago

Crypto market steadies as Bitcoin holds near $108K and Ether trades around $3,840

After a volatile week, major cryptocurrencies stabilized on October 23 with Bitcoin hovering at $108,000 and Ether near $3,840. The overall crypto market capitalization remained at $3.76 trillion. Analysts attributed the pause to cautious sentiment following delayed ETF approvals and global risk-off trends. BNB and Solana rose modestly on renewed staking inflows. On-chain data reflected thinning liquidity but no major outflows. Traders expect low volatility until U.S. macro data later this week provides clarity on inflation expectations and its potential impact on digital-asset momentum.
neutral
11h ago

LAMF Hidden Charges: Processing Fees & More

Loan Against Mutual Funds (LAMF) borrowers should look beyond headline rates to assess total cost. Key charges include: processing fees of 0.5–2% (₹5,000–₹20,000 for ₹10 lakh), legal or documentation fees of ₹500–₹2,000, and prepayment penalties of 2–4% if closed within a year. Lenders may also levy annual maintenance fees (₹500–₹1,500), margin call charges (~₹500), and late payment interest of 2–3% per month. Premium customers sometimes receive fee waivers. Always calculate effective borrowing cost including these hidden expenses.
neutral
12h ago

Orkla India prepares ₹1,660 crore IPO to scale MTR Foods and expand consumer staples reach

Norway-based Orkla ASA’s Indian arm Orkla India is set to launch an IPO worth about ₹1,660 crore between October 29 and 31 to expand its MTR Foods and Eastern Condiments brands across India. The offering comprises a fresh issue and offer for sale by existing shareholders. Proceeds will fund new manufacturing lines in Karnataka and Andhra Pradesh and enhance distribution to Tier-II cities. FY25 revenue stood around ₹3,240 crore with EBITDA margin of 12.4%. Analysts say the listing may value Orkla India at ₹8,000–₹8,500 crore given sector multiples and its double-digit growth in the packaged-food segment.
neutral
12h ago

IBM’s Q3 revenue rises 9% to $16.33 billion as cloud and AI units fuel EPS beat

IBM posted Q3 2025 revenue of $16.33 billion, up 9% year over year, with EPS of $2.65 beating estimates by $0.15. Cloud & Cognitive Software segment grew 12%, driven by Red Hat subscriptions and AI consulting demand. Infrastructure revenue rose 4% as mainframe sales stabilized. Net income increased to $2.31 billion from $1.96 billion a year earlier. CEO Arvind Krishna highlighted AI adoption in enterprise clients and forecast FY free cash flow above $12 billion. Shares inched up 1.3% post-market. Analysts praised operating leverage but flagged margin headwinds from cloud integration and competitive pricing.
neutral
12h ago

FTI Consulting delivers record $956 million Q3 revenue with EPS up 41% YoY

FTI Consulting reported Q3 2025 revenue of $956.2 million, up 3% year-on-year, while adjusted EPS rose 41% to $2.60 from $1.84. Growth was driven by Corporate Finance & Restructuring (+7%) and Technology (+5%) segments amid strong advisory mandates. Net income climbed to $98.5 million versus $69.9 million a year ago. The company said client demand for dispute resolution and turnaround services remains elevated as interest-rate headwinds impact leveraged sectors. CEO Steven Gunby cited broad-based strength across regions and expects FY25 revenue to surpass $3.8 billion, its highest ever. Shares rose 2% post-announcement in early trade.
neutral
12h ago

European markets trade cautiously as Kering surges 10% on strong Gucci rebound

European stocks opened steady on Oct 23 as earnings dominated sentiment. The STOXX 600 inched 0.2% higher, led by Kering SA (+10%) after Gucci’s quarterly sales beat forecasts, lifting luxury peers LVMH (+3%) and Hermès (+2%). Financials edged lower while energy majors gained with Brent hovering near $64.40. Traders assessed eurozone PMI data showing manufacturing contraction easing to 48.9 from 47.2. The FTSE 100 rose 0.1%, DAX was flat. Analysts expect selective rotation into consumer and industrial names as Q3 earnings continue through month-end amid policy uncertainty around ECB rates and U.S. inflation readings.
neutral
12h ago

American Airlines trims quarterly loss as $13.69 billion revenue tops market estimates

American Airlines reported Q3 2025 revenue of $13.69 billion, exceeding Wall Street expectations and nearly flat year-on-year amid resilient passenger demand. The carrier posted a smaller-than-expected adjusted net loss of $156 million, or $0.23 per share, compared with $325 million ($0.48) YoY. Load factors averaged 84.6% as leisure and business travel both improved. Unit costs excluding fuel fell 3.8%, while operating margin expanded 90 basis points sequentially. CEO Robert Isom cited disciplined capacity and lower maintenance expenses. American reaffirmed FY 2025 guidance, projecting operating cash flow near $4.5 billion despite volatile jet-fuel prices.
neutral
12h ago

Lazard’s Q3 profit climbs as asset management inflows and dealmaking rebound strengthen revenue

Lazard posted a stronger Q3 2025 as asset-management revenue grew 8% YoY to $294 million and total operating revenue advanced 6% to $794 million. The firm attributed the rise to robust advisory pipelines and record inflows across global equity and credit mandates. Net income reached $104 million, up 12% from last year, while adjusted EPS stood at $1.01 versus $0.88 YoY. Management said corporate-finance activity has rebounded after two muted quarters, aided by mid-cap M&A and restructuring demand. Lazard expects steady advisory momentum through Q4 as cross-border transactions gain pace.
positive
12h ago

LAMF Tax Benefits: Why It Beats Redemption

Loans Against Mutual Funds offer key tax advantages compared to redemption. Selling mutual fund units triggers capital gains—10% on long-term equity gains beyond ₹1 lakh, 12.5% on short-term equity, and 20% (with indexation) on debt funds. In contrast, LAMF avoids capital gains entirely since units remain invested. Although interest isn’t deductible for personal loans, it can offset income if used for business or investments. Exit loads of 0.5–1% also don’t apply, making LAMF a tax-efficient liquidity tool for investors.
neutral
12h ago

India’s real-estate fundraising reaches ₹23,080 crore in FY25, highest in seven years

According to a report by Equirus Capital, India’s real-estate sector raised ₹23,080 crore across 12 deals in FY25, marking the highest seven-year total. Residential assets accounted for over 60% of the funds, followed by office and warehousing projects. Developers utilised a mix of private credit and structured instruments amid interest-rate volatility and cautious bank lending. Analysts said the surge signals renewed institutional interest and maturing REIT-linked pipelines, but warned that supply-pipeline risks and cost inflation remain. The trend may support broader domestic-capital-market deepening with real-estate as an asset class.
neutral
12h ago

Global equities climb as corporate earnings surprise and oil firms rally on sanctions

Global stock markets advanced on Oct 23 after better-than-expected corporate earnings reports and renewed sanctions on Russian energy firms which caused oil prices to surge. The positive earnings cycle raised hopes of stronger consumer and business spending, while the energy boost drew investor attention to commodity-linked sectors. Analysts noted that risk appetite improved as valuation worries eased and inflows into global equity funds increased. However, caution remains around macro data and trade tensions as drivers of sentiment in the near term.
neutral
12h ago

LAMF vs. Gold Loan: Better Collateral Option?

Gold loans typically cost 7–11% annually—slightly lower than Loans Against Mutual Funds (LAMF) at 9–12%—but they require pledging physical gold. LAMF, in contrast, is a fully digital process with no valuation visits or branch paperwork. Gold loans offer 75% loan-to-value (LTV), while LAMF ranges from 50–80% depending on fund type. The key difference: gold assets earn nothing during tenure, whereas mutual funds keep compounding 10–15% annually. Gold loans suit short terms; LAMF fits longer horizons and ongoing portfolio growth.
neutral
12h ago

RBI study links SME IPO boom to surging retail flows and quick listing reversals

RBI study links SME IPO boom to surging retail flows and quick listing reversals
An RBI bulletin study found that India’s SME IPO segment recorded high oversubscriptions and strong listing gains through FY24–FY25 driven by retail investors and smaller broking networks. Over 80% of SME issues saw double-digit first-day returns, though many reversed within two weeks. The report warned that illiquidity and valuation risks remain elevated. SEBI is studying enhanced disclosure norms and post-listing surveillance measures. Analysts view the findings as validation of the need for longer-term holding discipline as retail participation continues to rise in India’s expanding capital-markets ecosystem.
neutral
12h ago

Midwest IPO to list Oct 24 after ₹451 cr raise; grey-market signals positive debut

Quartz component manufacturer Midwest will debut on Oct 24 after raising ₹451.1 crore through a fresh issue of 2.3 million shares and an offer for sale of 1.9 million. The issue was subscribed 48 times, led by QIB bids at 27×. Grey-market premium hovered around ₹50–₹55, suggesting a 10-12% listing gain. Funds will expand precision-component capacity and automate testing lines. Analysts said the solid subscription reflects industrial revival and IPO risk appetite. Midwest supplies quartz processors to automotive and aerospace segments with exports to Europe and Japan.
neutral
12h ago

LAMF vs. Personal Loan: Which Saves More Money?

Comparing personal loans and Loans Against Mutual Funds highlights major cost and flexibility differences. Personal loans charge 11–18% annual interest, require no collateral, and offer fixed EMIs with lengthy approval timelines. LAMF loans cost 9–12% annually, using mutual fund units as security with faster, often instant approvals. Interest is paid only on the utilized limit, unlike full EMI payments. However, falling NAVs can trigger margin calls or collateral top-ups. Choose LAMF for lower borrowing costs; pick personal loans for unconditional liquidity.
neutral
12h ago

Meesho targets ₹42.5 bn fresh-issue raise in Indian IPO as losses narrow

E-commerce startup Meesho filed its draft red herring prospectus to raise around ₹42.5 billion (≈ $484 million) through a fresh issue, along with an offer-for-sale by early investors. The company reported a FY25 loss before exceptionals of ₹1.08 billion versus ₹3.15 billion a year earlier on 30% revenue growth to ₹5,650 crore. Proceeds will fund logistics automation and technology upgrades. Analysts see the deal as India’s largest startup offering of 2025. Meesho currently serves 150 million annual buyers and 45 million sellers, with plans to expand cross-border categories in FY26.
neutral
12h ago

Indian real-estate fundraising climbs to ₹23,080 cr in FY25, highest in seven years

A report by Equirus Capital showed India’s real-estate sector mobilized ₹23,080 crore in FY25 across 12 transactions through equity and structured debt instruments, the largest aggregate since FY18. Developers used private credit and alternate investment funds amid volatile rates and slower public issuances. Residential projects accounted for over 60% of total fundraising, followed by office assets and warehousing. Analysts highlight growing institutional participation and reviving REIT pipelines as a sign of market maturity. The report predicts continued momentum through FY26 supported by urbanization and infra-linked demand in tier-1 cities and emerging metros.
neutral
12h ago

Vardhman Textiles posts ₹187.7 cr Q2 profit on ₹2,480 cr revenue as margins steady

Vardhman Textiles reported consolidated Q2 FY26 profit after tax of ₹187.74 crore, down 5% year on year, on revenues of ₹2,480 crore (-1% YoY). Management cited stable margins despite muted yarn pricing and lower exports. EBITDA margins were supported by operational efficiencies and cotton procurement discipline. The board maintained its interim dividend policy and affirmed steady capacity utilization above 90%. Analysts noted better-than-expected realization per kg and inventory management that softened the impact of sluggish global demand. The stock rose 11% post results as investors welcomed margin resilience amid a flat revenue trajectory for India’s leading textile producer.
neutral
13h ago

Google showcases 'Quantum Echoes' algorithm claiming 13,000× computational speedups

Google Research announced its Quantum Echoes algorithm achieved up to 13,000× speedups over classical methods on specific simulation tasks using its Sycamore chip. Researchers said the approach enhances noise resilience and can optimize molecular and materials modeling. While benchmarks remain experimental, the company framed it as evidence of quantum utility beyond lab proof-of-concepts. Independent verification and scaling tests are pending. Analysts described it as a credibility step for Google’s quantum roadmap, part of its long-term AI-infrastructure investment. Competitors IBM and Rigetti plan similar announcements as quantum research races toward commercial relevance.
neutral
13h ago

Alibaba integrates AI assistant into Quark app to deepen consumer engagement strategy

Alibaba launched a generative-AI chatbot inside its Quark app, positioning the platform as its central consumer gateway beyond e-commerce. The assistant blends search, conversational recommendations, and productivity tools powered by Tongyi Qianwen models. Executives said the integration aligns with efforts to reclaim user time from ByteDance and Tencent ecosystems. Quark’s MAUs rose 22% year on year, and the feature rollout begins across China this quarter. Analysts view it as a key step to expand data flywheels for Alibaba Cloud and advertising. The company continues restructuring consumer businesses under its AI-first strategy.
neutral
13h ago

ADAS demand lifts Mobileye revenue above estimates; guidance and margins watched

Mobileye beat third-quarter revenue estimates as automakers accelerated orders for advanced driver-assistance systems and EyeQ chips. Management highlighted program ramps and content gains per vehicle, while inventory levels at OEMs remained a watch-item. Gross margin commentary and full-year guidance were key to the after-hours reaction. Traders assessed pipeline visibility across Level-2+ deployments and regulatory timelines. Shares were volatile as investors weighed pricing, competitive dynamics, and potential design-wins in 2026 model years. Management cited cost discipline and continued investments in mapping assets and compute.
neutral
13h ago

LAMF Interest Rates Comparison: Banks vs. NBFCs

Interest rates for Loans Against Mutual Funds in 2025 generally range between 9% and 12.5% annually. Major public-sector lenders like SBI and HDFC Bank price loans at around 9.5–10.5%, while private banks such as ICICI and Kotak Mahindra average 10–11%. NBFCs including Bajaj Finance and Tata Capital charge 11–12.5%, offering quicker disbursal and easier documentation. Debt schemes usually attract lower rates (9–10%) than equity funds (10.5–12%) because of volatility. Borrowers can choose fixed or floating rates depending on rate-cycle expectations.
neutral
13h ago

Best Mutual Funds for Loan Against Mutual Funds

Not every scheme qualifies for a Loan Against Mutual Funds. Equity categories like large-cap, mid-cap, and flexi-cap usually allow 50–60% loan-to-value (LTV), while debt options such as liquid, corporate bond, and government securities funds offer 70–80% due to lower volatility. Hybrid portfolios typically receive 55–70% LTV. ELSS plans under Section 80C remain ineligible during the lock-in period. Both index and actively managed funds qualify if they meet liquidity norms. Lenders prioritize schemes exceeding ₹500 crore AUM with consistent performance records.
neutral
13h ago

LAMF vs. Redemption: Which Is Better?

For short-term liquidity, pledging units via a Loan Against Mutual Funds can preserve compounding while unlocking cash. Redemption forfeits future growth and may trigger capital-gains tax per category/holding period. LAMF typically offers 50–80% loan-to-value and about 9–12% annual interest; meanwhile, invested units can continue earning market-linked returns (not guaranteed). Early redemptions may attract 0.5–1% exit loads. Choose redemption for permanent cash needs, deleveraging, or bearish outlooks. Prefer LAMF for emergencies, bridge funding, or tactically avoiding taxable sales during bull phases.
negative
13h ago

New US sanctions on Russian oil majors reshape energy supply routes

The United States announced fresh sanctions against Russia’s Rosneft and Lukoil to further limit their access to Western financing and energy infrastructure. The decision pushed Brent crude to $64 a barrel, up 2% in early trade. Washington said the move targets revenues funding Moscow’s military activities. Analysts warned that the restrictions could tighten global supply chains and redirect flows toward Asia as refiners seek non-Russian grades. European energy firms reported minor logistical delays as markets assessed impacts on shipping costs and insurance premiums this week.
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neutral
13h ago

Gold steadies while Asian equities dip as investors brace for policy cues

Asian stocks fell marginally on Wednesday as investors awaited fresh central-bank guidance amid elevated geopolitical risk. Japan’s Nikkei declined 0.7%, while Hong Kong’s Hang Seng dropped 0.5%. Gold hovered near $2,470 per ounce, reflecting cautious sentiment. Analysts cited a rotation toward defensive assets after mixed earnings and policy uncertainty in the US and Europe. Oil prices were steady at $64 a barrel, suggesting range-bound trading. Market strategists expect volatility to ease if major central banks signal longer rate pauses and economic data stay resilient through the quarter.
negative
13h ago

Regional tensions escalate after North Korea confirms advanced weapons test

North Korea confirmed the launch of an advanced long-range weapons system aimed at strengthening deterrence capabilities. The announcement drew condemnation from South Korea, Japan, and the US, each warning of consequences under UN resolutions. Analysts noted that the test could derail dialogue on denuclearization and heighten military readiness across East Asia. Financial markets briefly reflected risk-off sentiment, with the won and yen strengthening as safe-haven assets gained. Diplomatic observers said renewed pressure on Pyongyang may prompt new UN Security Council deliberations this week.
neutral
13h ago

Investor enthusiasm builds as Ola Electric moves toward ₹7,500 crore IPO

Ola Electric has initiated its ₹7,500 crore IPO plan, seeking funds to expand EV manufacturing, battery localization, and charging infrastructure. The prospectus outlines allocations for R&D, supply-chain integration, and export readiness. Analysts said the issue reflects investor appetite for India’s emerging clean-mobility segment despite uneven profitability across new-age firms. Market participants expect strong retail participation if pricing remains attractive. Bankers added that post-listing valuations could set a benchmark for India’s EV sector as global demand for sustainable transportation accelerates into 2026.
positive
13h ago

AI startups draw strong Q3 funding as investors bet on generative applications

AI-focused startups continued attracting heavy venture inflows in Q3 2025, with cumulative funding rising 28% quarter-on-quarter, underscoring sustained investor conviction in generative AI tools and automation platforms. Venture capital firms led by Sequoia, Lightspeed, and Accel deployed fresh capital into enterprise software, model optimization, and AI infrastructure ventures. Analysts said valuations remain resilient despite broader tech correction, driven by rapid enterprise adoption and cloud integrations. Investors see deep-tech innovation in India and the U.S. as key drivers shaping the next phase of global AI-led productivity growth.
neutral
13h ago

Brent crude climbs to $64 as U.S. sanctions tighten grip on Russian oil exports

Global crude prices extended gains, with Brent futures up 2.1% to $64.35 a barrel and WTI at $60.18 after fresh U.S. sanctions targeted Russia’s Rosneft and Lukoil. The move restricted Western firms from financing Russian exports, stoking supply concerns ahead of winter. Analysts said tightening output and geopolitical tension could keep Brent between $63–67 in the near term. Traders highlighted rising inventory drawdowns and stable OPEC compliance. Market sentiment remains cautious as global growth headwinds persist amid constrained refinery capacity and freight disruptions.
neutral
13h ago

Hindustan Unilever Q2 profit up 4% to ₹2,685 crore on festive demand recovery

Hindustan Unilever Ltd reported a 4% year-on-year increase in consolidated profit to ₹2,685 crore for Q2 FY26, supported by a 5% rise in revenue amid strong festive consumption. Volume growth stood at 3%, led by the home care and beauty segments. The company declared an interim dividend of ₹19 per share. Management cited easing input costs and rural rebound as positive indicators. Analysts highlighted that stable pricing and improving discretionary demand could sustain topline momentum, though competitive intensity in personal care remains a watch factor for margins.
positive
14h ago

Vodafone Idea extends rally as 4G-5G rollout optimism lifts sentiment

Vodafone Idea shares climbed 10.3% across three sessions as investors bet on accelerated network expansion and upcoming Supreme Court hearing on adjusted gross revenue dues. Market participants expect domestic vendors to gain share from the company’s indigenous 4G-5G rollout strategy. Brokerages noted incremental tariff revisions and cost discipline could help narrow losses. The telco continues discussions with lenders for long-term refinancing and equity participation from government-linked funds. Analysts flagged improving subscriber retention and prepaid upgrades as key to sustaining gains following renewed sector interest post spectrum auctions.
neutral
14h ago

Five equity schemes top 15% in nine months as SIPs, breadth aid performance

Equity mutual funds continued to post solid performance, with at least five diversified schemes delivering returns above 15% over the last nine months, supported by domestic flows and earnings resilience. Fund managers increased exposure to manufacturing, financials and capital goods while trimming rate-sensitive allocations. SIP contributions remained steady, aiding staggered deployment amid intermittent volatility. Analysts advised investors to align choices with risk tolerance and time horizon, noting that rolling-return consistency and expense ratios materially influence outcomes. Market breadth and midcap participation also supported category performance during the review period meaningfully.
neutral
14h ago

Prefab Technologies announces ₹59.32 cr FY25 profit on ₹1,140.49 cr income

Prefab Technologies reported FY25 net profit of ₹59.32 crore on total income of ₹1,140.49 crore, reflecting improved execution across industrial buildings and cold-chain solutions. Management highlighted order wins from manufacturing, warehousing and data-center clients, alongside tighter working-capital cycles and procurement efficiencies. The company increased capacity utilization and expanded its national dealer network to support repeat business. Analysts said the mix shift toward higher-margin prefabricated structures aided profitability. With a healthy order book and moderated input costs, the outlook points to steady revenue conversion through FY26 amid private capex tailwinds ahead.
neutral
14h ago

Rally pauses: Nifty, Sensex end flat as breadth stays strong

Indian benchmarks ended little changed after a six-session rally, with Sensex flat near recent highs and Nifty closing marginally lower, while more than 200 stocks printed new 52-week highs. Breadth remained positive as banks, autos and capital goods offset profit-taking in oil and select FMCG names. Traders cited stable global cues, easing volatility and steady domestic SIP flows. Derivatives positioning showed put writing at 25,800–26,000 strikes. Analysts said consolidation near record territory is constructive, with earnings commentary and macro prints likely guiding the next leg into November’s results-heavy calendar phase.
neutral
14h ago

How Loan Against Mutual Funds Works: 5-Step Process

Applying for a Loan Against Mutual Funds is straightforward. First, confirm eligibility—equity, debt, and hybrid units typically qualify. Second, select a bank or NBFC with competitive terms. Third, pledge units electronically via demat/lien marking on the lender portal. Fourth, the lender values NAV and sanctions 50–80% LTV. Fifth, funds are disbursed generally within minutes to 24 hours. You service monthly interest; principal is prepayable anytime. Throughout, units remain invested and continue compounding, subject to scheme performance and lender risk controls.
neutral
14h ago

What is a Loan Against Mutual Funds? Quick Guide

A Loan Against Mutual Funds (LAMF) lets you borrow by pledging mutual fund units as collateral. Unlike redemption, units remain invested and continue compounding while you access liquidity. Banks and NBFCs typically lend 50–80% of current NAV. Interest rates generally range 9–12% per annum, often below personal loans. Approvals can be rapid—instant to 24 hours—via demat or lien marking. Because units aren’t sold, you defer capital gains tax. Suitable for short-term cash needs, working capital, or strategic leverage and contingencies.
positive
15h ago

ClearTax secures $85 million funding to scale SaaS-based tax and investment tools

Fintech startup ClearTax raised $85 million in a growth round led by global investors to expand its SaaS-driven tax-filing and investment-advisory platform. The Bengaluru-based firm said funds will accelerate product development in AI-based compliance, mutual-fund advisory, and cross-border taxation. Management aims to deepen enterprise partnerships and integrate APIs with major financial institutions. Analysts see the raise as reaffirming investor confidence in India’s fintech digitization wave. The company plans overseas expansion in FY26 targeting markets across Southeast Asia and the Middle East.
neutral
15h ago

Steady quarter for Wipro as automation offsets muted tech demand

Wipro’s consolidated profit for Q2 FY26 came in at ₹3,246 crore, unchanged from last year as subdued overseas spending tempered growth. The company emphasized higher automation, tighter delivery models, and operating discipline to preserve margins amid weak discretionary demand in Europe and North America. Leadership reiterated its focus on generative AI services, cybersecurity, and cloud partnerships while maintaining selective hiring. Analysts described the quarter as steady rather than strong, noting that utilization and cost optimization helped cushion the impact of slower client technology budgets.
positive
15h ago

JioBlackRock’s Flexi Cap Fund crosses ₹16,000 crore as retail flows surge

JioBlackRock Mutual Fund’s Flexi Cap scheme has surpassed ₹16,000 crore in total assets under management following ₹1,500 crore in new investor inflows this month. The fund’s diversified strategy across large-, mid-, and small-cap equities, coupled with steady SIP participation, has attracted retail and institutional investors alike. Management credited consistent returns and digital distribution partnerships for the milestone. Analysts said the performance reinforces confidence in hybrid AMC ventures combining domestic reach with global expertise, strengthening JioBlackRock’s position among India’s fastest-growing equity fund houses.
positive
15h ago

Infosys Q2 profit rises 13% YoY to ₹7,364 crore; revenue up 9%

Infosys posted Q2 net profit of ₹7,364 crore, up 13% year-on-year, with revenue growing 9% on sustained demand for digital, cloud, and data services. Large-deal wins and stable pricing supported margins, while utilization and automation aided productivity. Management pointed to a healthy pipeline across financial services, manufacturing, and retail, maintaining a disciplined hiring stance. The company reaffirmed focus on generative-AI offerings and cost optimization to improve client outcomes. Analysts viewed the print as consistent, balancing near-term macro uncertainty with execution on multi-year transformation programs.
positive
15h ago

RRP Semiconductor rallies 63,000% as chipmaker accelerates global expansion

Maharashtra-based RRP Semiconductor has seen its share price skyrocket 63,000% in just 18 months—from ₹15 in early 2024 to ₹9,667 by October 2025—pushing its market capitalization to ₹12,913 crore. The company, which reported a 50% return on equity, is investing ₹12,035 crore to expand into silicon wafer manufacturing in partnership with PTW and Deca Technologies. Focused on advanced chip packaging for IoT, automotive, and industrial electronics, RRP’s rapid growth prompted the Mumbai Stock Exchange to place the stock under special surveillance amid valuation and compliance scrutiny.
positive
15h ago

Dixon Technologies Q2 revenue up 29% YoY; profit rises 72%

Dixon Technologies Q2 revenue up 29% YoY; profit rises 72%
Dixon Technologies reported Q2 revenue of ₹14,855 crore, up 29% year-on-year, with net profit increasing 72% to ₹670 crore, driven by strong consumer electronics and lighting segments. Management cited operating leverage, product-mix upgrades, and backward integration as margin enablers. Order inflows from leading brands supported capacity utilization across facilities, while exports contributed incremental scale. The company reiterated its multi-year growth strategy anchored in mobile, wearables, and appliances, alongside localization initiatives. Analysts highlighted healthy cash generation and disciplined capex as positives despite competitive pricing in EMS verticals.
neutral
15h ago

Meta trims 600 roles in AI unit amid restructuring drive

Meta trims 600 roles in AI unit amid restructuring drive
Meta Platforms is laying off around 600 employees across its AI division, affecting FAIR, infrastructure, and product teams. The move comes after $14.3 billion of AI-related capital spending this year. CEO Mark Zuckerberg said the reorganization aims to improve agility by cutting management layers. Severance packages include 16 weeks’ pay plus two additional weeks per year of service. High-priority groups like TBD Labs remain intact. Following the cuts, Meta’s AI workforce totals roughly 3,000, while the company continues allocating $27 billion toward its Hyperion data center expansion.
positive
16h ago

China’s DeepSeek unveils low-cost R1 AI model for global rollout

China’s DeepSeek unveils low-cost R1 AI model for global rollout
China’s DeepSeek introduced its R1 model, claiming training costs roughly 70% below comparable Western AI systems. The multimodal model supports text, image, and speech generation, optimized for enterprise deployment across cloud and edge devices. CEO Liu Yun said cost efficiency and rapid fine-tuning make R1 attractive for developers in emerging markets. Industry experts noted that DeepSeek’s scaling approach challenges U.S. AI incumbents on price performance, potentially broadening AI adoption among mid-tier firms globally as compute costs remain a bottleneck.
neutral
16h ago

Fitch affirms Argentina rating after U.S. aid averts downgrade

Fitch affirms Argentina rating after U.S. aid averts downgrade
Fitch Ratings maintained Argentina’s long-term credit rating following emergency U.S. financial assistance that stabilized near-term external debt repayments. The agency said the support, coupled with fresh IMF-linked liquidity, reduced short-term default risks. Fitch kept the outlook stable but cautioned on persistent fiscal-deficit challenges and weak reserve buffers. U.S. aid helped Buenos Aires extend bond maturities and narrow spreads in secondary markets. Economists noted the decision may temporarily ease investor pressure ahead of 2025 policy reforms and IMF debt-review negotiations.
neutral
16h ago

Argentine peso weakens 2% after central bank eases FX controls

Argentine peso weakens 2% after central bank eases FX controls
Argentina’s peso fell 2% on Thursday after the central bank unexpectedly relaxed capital-control measures to attract foreign investment inflows. The easing allows exporters to retain a higher share of foreign-exchange earnings, while importers face looser documentation rules. Bond yields rose as traders anticipated faster reserve depletion. Economists warned that inflationary pressures could re-emerge without corresponding fiscal discipline. The move followed government efforts to balance market confidence with economic recovery ahead of the next IMF review scheduled for November.
positive
16h ago

Navi Fintech secures $45 M from Tiger Global to scale lending

Navi Fintech secures $45 M from Tiger Global to scale lending
Bengaluru-based Navi Fintech raised $45 million in fresh equity from Tiger Global, marking its largest funding since 2023. The digital-lending platform plans to expand its unified credit suite and strengthen AI-driven underwriting for consumer loans. Founder Sachin Bansal said the capital will accelerate product innovation and partnerships with non-banking financial institutions. The company, which recorded ₹1,160 crore in FY25 disbursements, aims to double its user base over the next year. Analysts noted rising investor appetite for profitable fintech models amid India’s credit-digitization wave.
neutral
16h ago

Bitcoin holds firm at $109,600 as traders await macro cues

Bitcoin holds firm at $109,600 as traders await macro cues
Bitcoin traded steadily near $109,600 on Thursday with total crypto-market capitalization hovering at $3.76 trillion. Ethereum remained range-bound around $3,887 while traders awaited U.S. CPI data for direction on risk assets. Market analysts said reduced leverage and moderate inflows into spot ETFs kept volatility contained. Altcoins saw mixed performance, with Solana easing 1.2% and XRP gaining 0.8%. Stablecoin issuance stayed flat, signaling cautious sentiment as investors balanced rate-cut expectations against geopolitical uncertainties impacting short-term digital-asset flows.
positive
16h ago

India rolls out simplified GST structure with dual rate slabs

India rolls out simplified GST structure with dual rate slabs
India introduced a restructured Goods and Services Tax system featuring two primary slabs of 5% and 18%, replacing multiple earlier tiers. The reform, dubbed ‘GST 2.0,’ aims to simplify compliance, reduce cascading taxes, and lower retail inflation. Finance Ministry officials said the measure could stimulate consumption and boost manufacturing competitiveness during the festive quarter. Economists view the reform as a milestone toward achieving a unified tax framework while balancing revenue neutrality for states through advanced digital reconciliation mechanisms.
neutral
17h ago

World Bank revises India’s FY27 growth projection to 6.3%

World Bank revises India’s FY27 growth projection to 6.3%
The World Bank trimmed India’s GDP forecast for FY27 to 6.3%, down from 6.6%, citing structural issues and slower global trade momentum. The multilateral lender noted that higher energy import bills and uneven private investment could temper growth despite resilient domestic demand. It urged continued fiscal reforms and digital infrastructure spending to sustain medium-term expansion. Economists said India’s 6–7% potential remains intact but depends on sustained capex momentum and manufacturing competitiveness in the evolving global supply chain environment.
neutral
17h ago

ICICI Prudential halts new inflows into Silver ETF FoF

ICICI Prudential halts new inflows into Silver ETF FoF
ICICI Prudential Mutual Fund suspended new subscriptions into its Silver ETF Fund of Fund, citing elevated silver prices and declining physical availability. The fund house joined four peers in pausing inflows amid concerns about short-term overvaluation. Fund managers stated that existing investors’ units remain unaffected, while SIPs will resume once pricing normalizes. Analysts see the decision as a prudent risk-control measure during global commodity turbulence, with silver trading at record highs against industrial demand uncertainty and tighter bullion supply chains.
positive
17h ago

Edelweiss launches ₹320 Cr Altiva hybrid fund for volatile markets

Edelweiss launches ₹320 Cr Altiva hybrid fund for volatile markets
Edelweiss Asset Management raised ₹320 crore through its new Altiva Hybrid Fund, combining long-short equity and fixed income strategies to generate stable post-tax returns. The fund targets investors seeking lower volatility exposure while maintaining growth potential amid uncertain market cycles. CEO Radhika Gupta said the hybrid structure allows dynamic hedging using derivatives and interest-rate spreads. Market analysts expect strong traction from high-net-worth investors looking to diversify beyond traditional equity and debt products as rate normalization and liquidity tightening persist.
positive
17h ago

T-Mobile surpasses estimates with $2.4B Q3 profit, steady growth

T-Mobile surpasses estimates with $2.4B Q3 profit, steady growth
T-Mobile reported net income of $2.4 billion in the third quarter on revenue of $21.9 billion, surpassing analyst forecasts. The company achieved 6% sequential profit growth, fueled by postpaid phone additions and expanding 5G coverage. CEO Mike Sievert highlighted continued synergies from the Sprint merger and disciplined capital deployment through share buybacks. The telecom giant reaffirmed full-year guidance and projected higher free cash flow, emphasizing network leadership as a competitive advantage amid intensifying carrier pricing wars in the U.S. market.
positive
17h ago

Freeport-McMoRan revenue hits $6.71 B as copper demand strengthens

Freeport-McMoRan revenue hits $6.71 B as copper demand strengthens
Freeport-McMoRan reported third-quarter revenue of $6.71 billion, up 8% sequentially, with net income climbing 20% amid surging copper prices driven by Chinese infrastructure demand. The mining giant cited record production volumes at its Grasberg site and continued cost control as contributors to margin expansion. CFO Kathleen Quirk reaffirmed full-year output guidance and highlighted sustainable mining investments. Analysts said higher copper futures and energy efficiency gains reinforced Freeport’s pricing leverage in the global commodities rebound.
positive
17h ago

Valero’s quarterly earnings climb 30% on diesel demand boost

Valero’s quarterly earnings climb 30% on diesel demand boost
Valero Energy posted a 30% year-on-year profit jump in the third quarter, earning $3.05 per share on revenue of $29.96 billion. Higher diesel margins in U.S. Gulf Coast markets drove the performance, offsetting weaker gasoline spreads. Management noted refinery utilization near 95% and reiterated plans to expand renewable diesel output in 2026. Analysts said the results underscore resilient U.S. refining fundamentals despite volatility in crude input costs and environmental credit markets, positioning Valero among the strongest downstream performers this quarter.
positive
17h ago

Intel swings back to profit with $13.19 B quarterly revenue

Intel swings back to profit with $13.19 B quarterly revenue
Intel reported a return to profitability in the third quarter, posting revenue of $13.19 billion and net earnings of $0.02 per share, exceeding analyst expectations by $0.12. Improved data-center chip demand and cost-discipline efforts helped reverse earlier losses. CEO Pat Gelsinger cited renewed enterprise momentum and efficient 3-nanometer ramp-ups as key growth drivers. Despite soft consumer PC sales, Intel reaffirmed full-year guidance, signaling confidence in supply-chain stability and design leadership as it competes with AMD and Nvidia across global processor markets.
neutral
17h ago

Dollar gains ahead of U.S. inflation print; EM currencies steady

Dollar gains ahead of U.S. inflation print; EM currencies steady
The U.S. dollar inched higher against the yen and euro as traders positioned for upcoming Consumer Price Index data expected on Friday. The dollar index climbed 0.2%, reflecting expectations that the Federal Reserve may hold rates longer if inflation proves persistent. Emerging-market currencies including the rupee and peso traded narrowly as investors awaited clarity on policy direction. Analysts said a higher-than-expected CPI could reignite bond-yield pressure and delay global easing cycles, reinforcing the greenback’s strength in the near term.
negative
17h ago

Asian equities fall as U.S. curbs hit Chinese chip sector

Asian equities fall as U.S. curbs hit Chinese chip sector
Asian stock markets slipped for the second straight session after Washington signaled fresh software export restrictions on Chinese semiconductor firms. The move intensified investor caution toward tech manufacturing supply chains, while oil prices rose nearly 2% following sanctions that disrupted Russian crude flows. Japan’s Nikkei and Hong Kong’s Hang Seng led regional declines, with traders rotating into defensive assets ahead of key U.S. inflation data later this week. Analysts expect continued volatility until clarity on trade policy and chip licensing emerges.
positive
18h ago

Sensex rises 600 pts, Nifty crosses 26,000 amid broad-based buying

On 23 October 2025, India’s benchmark equity indices saw a strong start: the BSE Sensex rose by about 600 points and the Nifty 50 crossed the 26,000 mark, driven by gains in IT and financial stocks. Major contributors included Infosys which rallied around 4%. Market sentiment was bolstered by rising hopes of a trade deal between India and the U.S., and the return of broad-based buying across sectors. Traders emphasised maintaining support around 25,700–25,800 for the Nifty.
positive
18h ago

Jain Resource Recycling hits record high after robust Q2 results

Shares of Jain Resource Recycling Ltd. surged around 9% to hit a fresh all-time high on 23 October 2025 after the company posted strong second-quarter numbers. The company’s consolidated revenue rose 52% year-on-year to ₹2,113.7 crore and net profit jumped 88% to ₹98.6 crore. That performance reinforced investor confidence, driving demand for the stock despite overall market volatility. Analysts point to growing demand in the recycling and non-ferrous metal space and expect continued momentum in this segment.
neutral
18h ago

Gold, silver prices fall as profit-booking sets in ahead of Fed week

On 23 October 2025, Indian gold and silver prices were under pressure as investors booked profits following a sharp run-up and ahead of important U.S. rate announcements. 24-carat gold in India slipped to around ₹1,25,890 per 10 gm, while silver traded at about ₹1.60 lakh per kg. The decline was attributed to easing U.S.–China trade tension expectations and a stronger dollar, both of which reduce the safe-haven demand. Jewellery demand remains healthy but traders are cautious ahead of macro triggers.
neutral
18h ago

Ex-dividend date today for nine major companies including LTIMindtree and Thyrocare

On 23 October 2025, shares of nine listed companies including LTIMindtree Ltd., Thyrocare Technologies Ltd., IRFC (Indian Railway Finance Corporation), Waaree Energies, Accelya, HDB Financial Services, Cyient, Dalmia Bharat and Kajaria Ceramics are set to trade ex-dividend on 24 October. Investors wishing to be eligible for the dividend payouts must purchase and hold the shares by today’s market close. The announced dividends per share range from ₹1.05 to ₹40 depending on the company.
neutral
19h ago

India’s central bank bulletin: Economy remains resilient despite global headwinds

The latest bulletin by the Reserve Bank of India (RBI) states that while global headwinds persist, India’s economy retains resilience thanks to strong domestic demand, easing inflation and supportive policy. The document mentions moderation in foreign direct investment (FDI) inflows and highlights external vulnerabilities including a weaker rupee and global trade pressures. The central bank also notes that while internal demand continues to hold up, transmission of policy measures and structural reforms remain key for sustaining momentum. Analysts view the bulletin as reaffirming India’s positive growth narrative.
positive
19h ago

Business-Standard: FPIs pump ₹6,480 crore into Indian equities in October after 3-month outflow spree

According to a report by Business Standard, foreign portfolio investors (FPIs) have injected approximately ₹6,480 crore into Indian equity markets in October 2025, reversing a three-month streak of net outflows. The inflows reflect growing confidence in India’s economic fundamentals, strong corporate earnings, and valuations that are becoming more attractive globally. Analysts caution, however, that while this flow reversal is positive, the sustainability of these investments will be tested by global rate dynamics and currency moves. The shift marks a key turning point for India’s capital-markets sentiment.
neutral
19h ago

Reuters poll: RBI likely to hold repo rate at 5.50% on Oct 1 and through 2025

A Reuters poll of economists finds that the Reserve Bank of India (RBI) is expected to hold its key policy repo rate at 5.50 % on its October 1 meeting and maintain it through the rest of 2025. Survey respondents pointed to strong GDP growth, inflation within target range, and weak transmission of earlier rate cuts as reason for the expected pause. Some economists flagged external risks such as currency weakness and global trade uncertainty as limiting factors for further easing. Markets will closely watch the central bank’s forward guidance.
positive
19h ago

FII sentiment toward India is reviving as macro stability improves, says Alchemy Capital

Fund-manager Alok Agarwal of Alchemy Capital says foreign institutional investor (FII) sentiment toward India is showing signs of revival. He notes that the macro backdrop is strengthening, with inflation under control and global uncertainties easing. According to him, the “wall of worry” facing Indian markets has shrunk to a “low fence”, signalling the potential for renewed portfolio flows. While he cautions that short-term consolidation may happen, he believes the shift from “pause” to “play” is underway for Indian equities. The commentary might bolster investor confidence in the near-term outlook.
positive
19h ago

FPIs turn net buyers in Indian stock market after three months, pour ₹7,300 crore in October

Foreign portfolio investors (FPIs) have reversed course in October 2025, turning net buyers after three months of outflows. Data show they invested approximately ₹7,362 crore in Indian equities so far this month. Analysts attribute this shift to improving corporate earnings, attractive valuations and signs of domestic demand revival. They also note that this inflow coincides with indices such as the Nifty 50 and Sensex nearing record levels. The renewed foreign interest potentially supports further rally, though global risk factors remain a watch-point.
positive
19h ago

India’s fiscal deficit at 33% of FY25 target as September-half tax collections hold firm

The Indian government’s fiscal deficit for April-September 2025 reached ₹6.37 trillion, or about 33% of the FY25 target. Net tax receipts grew 17% year-on-year to ₹11.8 trillion, driven by GST and corporate-tax collections. Capital expenditure rose 12% to ₹X trillion during the period, underlining the government’s commitment to infrastructure investment amid uncertainty. Economists say the fiscal path remains credible and supports India’s sovereign-rating outlook. However, they caution that any sharp oil-price rise or global demand weakness could increase subsidy burdens and tilt the margin of safety.
neutral
19h ago

HUL, Colgate and others among 11 companies reporting Q2 results today

Major consumer-goods companies including Hindustan Unilever (HUL) and Colgate‑Palmolive (India) are scheduled to release their Q2 FY26 earnings on October 23, 2025. The batch also includes Laurus Labs and several other listed firms across sectors. Markets are watching for margin impact from rising commodity and logistic costs, as well as the effect of the GST rate change on pricing. Analysts will scrutinise volume growth, rural demand strength and margin trends. These results will set the tone for the consumer-goods space in the upcoming earnings season.
neutral
19h ago

Tata Technologies Q2 profit rises 5.14% to ₹166 crore; revenue up 2% YoY

Tata Technologies announced its Q2 FY26 results on October 22 2025, posting a net profit of ₹166 crore—up 5.14% year-on-year—and revenue growth of 2.07% to approx ₹1,323 crore. The modest growth reflects improved results from non-core business segments and sustained demand in the engineering R&D services domain. The company’s margin remained under pressure as higher subcontracting and input costs weighed. Management pointed to pipeline strength in mobility, EV and industrial segments. Investors will focus on margin recovery and order-book expansion for the second half of the year.
positive
19h ago

Tata Motors delivers over 100,000 vehicles in festive window, up 33% YoY

Tata Motors Passenger Vehicles announced that it delivered more than 100,000 vehicles between Navratri and Diwali 2025, marking a 33% year-on-year jump. The surge in deliveries reflects strong consumer demand and effective festive sales strategies. Analysts say the GST rate cut, increased financing accessibility and pent-up demand contributed. The achievement positions Tata Motors well ahead of the key festive season, which typically drives a substantial portion of annual auto sales. The company will look to sustain momentum amid global supply-chain disruptions and input-cost inflation risks.
positive
19h ago

HDFC Bank posts net profit jump of 10.8% to ₹18,641 crore in Q2FY26

HDFC Bank reported a standalone net profit of ₹18,641.28 crore for the quarter ended September 30, 2025—up 10.8% year-on-year. Net interest income (NII) grew by 4.8% to ₹31,551.5 crore. The gross non-performing asset (NPA) ratio improved to 1.24% from 1.40% in the prior quarter, and provisions rose by 29.6% to ₹3,501 crore. The bank’s capital adequacy ratio stood at 20.0%. Analysts noted the earnings beat expectations amid margin pressures, driven instead by higher other income and steady credit growth. It signals resilience in India’s private banking sector.
positive
20h ago

World Bank upgrades India’s FY25 GDP forecast to 6.9 % citing resilient consumption and exports

The World Bank raised India’s FY25 GDP growth forecast from 6.6 % to 6.9 %, attributing the upgrade to strong domestic consumption, rising private investment, and export diversification. It cited robust infrastructure push and stable macro fundamentals as key drivers. Inflation moderation and fiscal prudence further enhanced India’s outlook relative to peers. The Bank expects growth to average 6.8 % over 2026-27. Risks include oil-price volatility and slowing global demand. India remains the fastest-growing major economy for the third consecutive year.
neutral
20h ago

Global oil prices steady near $86 per barrel amid demand optimism, supply vigilance

Brent crude traded around $86.1 a barrel on October 23 2025 as markets balanced optimism over robust demand in Asia with concerns of renewed OPEC supply management. U.S. inventories fell by 3.4 million barrels last week, signaling resilient consumption. Traders noted India’s import bill easing as the rupee stabilized. Analysts expect crude to stay range-bound between $82 – $88 in the near term, with global growth and shipping-route disruptions the main swing factors.
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neutral
20h ago

RBI seen holding rates through Q1 2026 amid stable inflation, strong growth momentum

Economists expect the Reserve Bank of India to keep the repo rate unchanged at 6.50 % through Q1 2026, citing steady inflation and robust growth. The latest MPC minutes signaled comfort with the current stance as headline CPI averaged 4.6 % in Q2. Analysts say high real rates continue to anchor inflation expectations without hurting credit demand. RBI may shift toward liquidity tightening rather than rate hikes if external pressures rise. Markets expect the next policy review in December 2025 to reaffirm a neutral tone.
positive
20h ago

India’s fiscal deficit at 33% of FY25 target as tax collections remain robust

India’s fiscal deficit for April–September 2025 stood at ₹6.37 trillion, or 33 % of the full-year target, reflecting healthy revenue growth. Net tax receipts rose 17 % YoY to ₹11.8 trillion, supported by GST and corporate-tax buoyancy. Expenditure reached ₹19.4 trillion, with capital spending maintaining a 12 % YoY rise. Economists said the government remains on track to meet its 5.1 % fiscal-deficit target for FY25 without cutting infrastructure outlays. Fiscal discipline, aided by strong direct-tax performance, is expected to support India’s sovereign-rating outlook.
positive
20h ago

Foreign investors turn net buyers in Indian equities after three months of outflows

Foreign Portfolio Investors (FPIs) turned net buyers in October 2025, infusing ₹6,480 crore into Indian equities—the first monthly inflow since July. The shift follows easing U.S. yields, rupee stability, and strong domestic corporate earnings. FPIs favored financials, IT, and capital-goods stocks while trimming exposure to FMCG. Analysts say optimism over a possible India–U.S. trade deal and moderating oil prices lifted sentiment. Cumulative equity inflows now exceed ₹1.4 lakh crore for CY2025, underlining India’s resilience amid global volatility.
positive
20h ago

Jayesh Logistics sets IPO price band at ₹116 – ₹122 per share; opens Oct 25

Jayesh Logistics Ltd announced its IPO price band of ₹116 – ₹122 per share for its ₹680 crore issue opening on October 25 and closing October 28. The company plans to use proceeds to expand warehousing capacity and invest in EV-based delivery fleets. Jayesh Logistics serves clients in e-commerce and FMCG sectors with a network across 12 Indian states. Anchor investor allocation is scheduled for October 24. Analysts expect oversubscription given India’s logistics sector momentum and PLI-driven capex.
positive
20h ago

Avaada Electro files DRHP for ₹10,000 crore IPO to fund solar module capacity

Avaada Electro, the renewable-energy arm of Avaada Group, has filed a draft red herring prospectus with SEBI to raise ₹9,000 – 10,000 crore via an initial public offering. Proceeds will be used to expand its solar-module manufacturing capacity from 3 GW to 10 GW and invest in green hydrogen projects. This marks one of India’s largest renewable IPOs in 2025. The issue will comprise a fresh issue and offer for sale by existing shareholders, including Brookfield Renewables.
positive
20h ago

Jain Resource Recycling Q2 profit jumps 78 % YoY to ₹992 million on higher volumes

Jain Resource Recycling Q2 profit jumps 78 % YoY to ₹992 million on higher volumes
Jain Resource Recycling Ltd reported a consolidated net profit of ₹992 million for Q2 FY25, up 78 % YoY from ₹558 million, on revenues of ₹21.14 billion versus ₹13.92 billion last year. EBITDA rose to ₹1.6 billion from ₹878 million, lifting margins to 7.57 %. The company benefited from strong metal-recycling demand in automotive and infrastructure sectors amid India’s green-economy push. Management said scrap imports and automation investments are improving capacity utilization and cost efficiency ahead of new plant expansions in FY26.
positive
20h ago

LTIMindtree Q2 net profit rises 8 % YoY to ₹1,525 crore; revenue crosses ₹9,000 crore

LTIMindtree Ltd posted an 8 % YoY increase in consolidated net profit to ₹1,525 crore for the September quarter on revenue of ₹9,084 crore, up 6.2 % YoY. Growth was led by its BFSI and manufacturing verticals, offsetting muted tech services demand in the U.S. region. EBIT margins improved to 17.1 % from 16.4 % last year. The company signed deals worth US$1.5 billion in total contract value. Vice-Chairman Nachiket Deshpande announced his resignation after 20 years with the firm, as LTIM accelerates AI-driven service offerings.
positive
20h ago

Hindustan Unilever Q2 profit rises 4.6 % YoY to ₹2,780 crore on strong home-care growth

Hindustan Unilever Ltd (HUL) reported a 4.6 % year-on-year rise in net profit to ₹2,780 crore for Q2 FY25, driven by robust performance in its home-care and personal-wash segments. Revenue grew 3.2 % YoY to ₹15,650 crore as urban demand remained steady while rural volumes continued to recover gradually. Operating margin expanded 20 bps to 23.3 %. Management highlighted that GST cuts on essential goods will be passed partly through price reductions and volume offers. CEO Rohit Java expects double-digit growth in FY26 as consumer sentiment improves post-festive season.
negative
20h ago

Asian markets slide as reports of U.S. software export curbs hit sentiment

Asian equities declined on October 23 2025, with Japan’s Nikkei 225 down 1.5% and MSCI Asia ex-Japan off 0.3%, after reports suggested the U.S. may tighten software export controls targeting China. Tech and semiconductor stocks led losses, while rising oil prices added pressure. Investors turned defensive amid renewed geopolitical tensions and weaker earnings from major chipmakers. Analysts expect short-term volatility across Asia, though India’s strong domestic inflows could cushion spillover risks from regional weakness.
positive
20h ago

Gift Nifty signals upbeat start as India-US trade optimism lifts sentiment

Gift Nifty futures traded around 26,275 points early Thursday, implying a 350-point premium over the previous close. The surge follows optimism around the India-US trade pact, which could lower tariffs on Indian exports to 15–16%. Festive consumption and robust Q2 earnings reinforced confidence. However, analysts warn of potential profit-booking near 26,300, with support at 25,650. Broader sentiment remains bullish as investors track foreign inflows and upcoming global inflation data.
positive
20h ago

India’s stock benchmarks edge near record highs as Infosys leads gains

On October 23 2025, Indian equity benchmarks opened higher with Infosys Ltd surging 3% after shareholders opted out of its ₹180 billion buyback. The Nifty 50 climbed 0.73% to 26,057.2, while the Sensex advanced 0.86% to 85,154.15—both within 1% of record highs. Gains were broad-based across 16 sectors, led by IT and banking. Optimism stemmed from strong Q2 earnings, festive demand, and India-US trade-deal hopes lowering export tariffs. Analysts caution that valuations remain rich but see momentum sustaining if foreign inflows continue through October.
neutral
21h ago

Gold inches down as dollar firms, market eyes U.S. inflation data

Gold prices edged lower on Thursday, October 23 2025, as a firmer U.S. dollar weighed on bullion demand and investors shifted focus to the upcoming U.S. Consumer Price Index (CPI) release. Spot gold traded around $4,084.29 per ounce, while December futures climbed to $4,100.90. The dollar index gained 0.2% amid expectations the Federal Reserve may delay rate cuts if inflation remains sticky. Analysts maintain a bullish long-term view on gold amid low real rates but note short-term consolidation is likely.
positive
21h ago

Tier-2 & Tier-3 cities of Madhya Pradesh emerge key contributors in India’s e-commerce growth this Diwali

During the 2025 Diwali season, tier-2 and tier-3 cities in Madhya Pradesh (MP) played a disproportionate role in India’s e-commerce surge. The city of Indore alone employed 25,000 gig workers, and sellers from MP accounted for about 4% of a major platform’s national base. Logistics firm Shiprocket saw shipments surge 63% year-on-year in MP. Lower GST rates and improved digital adoption were driving factors. Analysts see MP and similar states as the next frontier for India’s digital commerce expansion.
positive
21h ago

Cyient eyes acquisitions to build scale in digital & AI space

Global engineering-solutions firm Cyient is actively evaluating two to three acquisitions over the next 6–12 months, sized between US$20-100 million, to strengthen its capabilities in digital, AI, software, and defence sectors. The company, which remains debt-free with strong cash flows, has also launched a new business unit 'GCS' targeting the GCC region. The move reflects Cyient’s ambition to capture high-growth segments like defence electronics, AI software, and automotive systems integration.
positive
21h ago

Rupee set to open higher after Diwali break; focus on US-India trade deal newsflow

The Indian rupee is poised to open stronger after the Diwali (Balipratipada) holiday, with morning quotes suggesting an opening range near INR 87.80-87.85 against the US dollar, compared with Monday’s close around INR 87.93. This strength is attributed to optimism around India-US trade negotiations. However, headwinds such as importer demand, RBI intervention and elevated oil prices continue to weigh. Foreign investors are net buyers in equities and bonds, which adds further support to the domestic currency.
positive
21h ago

India’s Nifty 50 set to open higher, inching towards record high

India’s benchmark index (Nifty 50) is expected to open higher on Thursday, 23 October 2025, approaching its record-high territory. This comes amid renewed foreign institutional buying and optimism over a near-term India-US trade deal. As of early morning trade, GIFT Nifty futures pointed to a premium opening above the previous close, supported by festive season demand and upward earnings revision in key sectors. Market participants are watching corporate earnings, policy cues and global commodity moves for direction.