Nifty shows potential movement towards 24,050 near-term, with support at 23,500. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 78,300, Nifty50 was near 23,700. At 9:22 AM, BSE Sensex was trading at 78,341.20, up 70 points or 0.089%. Nifty50 was…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Aditya Birla Fashion and Retail Ltd, L&T Finance Ltd, and Tech Mahindra are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock…
Goldman Sachs has a ‘sell’ call on Asian Paints with a target price of Rs 2,275. Analysts said October-December quarter was below estimates, as EBITDA and margins declined, driven by negative operational leverage impacted by increase in staff costs. The paints major’s revenue decline worsened, driven by deteriorating mix. They feel near term demand likely…
Japan’s Honda Motor and Nissan Motor called into question an agreement reached less than two months ago to consider combining, casting doubt on their efforts to form one one of the world’s largest automakers.The pair are discussing various options, including the possibility of withdrawing from deal talks, according to separate statements issued on Wednesday. The…
MUMBAI: RBI’s monetary policy committee began its meeting on Wed and is expected to end its longest pause with a rate cut on Friday, the first in nearly five years.The last rate cut was in May 2020 when RBI lowered the repo rate to 4% to support the economy during the Covid-induced lockdown. It later…
MUMBAI: Aditya Birla Group chairman Kumar Mangalam Birla’s eldest daughter, Ananya Birla, is foraying into the multi-billion dollar beauty and personal care business, marking her third entrepreneurial venture after artificial intelligence and microfinance. The brand names of her makeup, fragrances and other product lines, as well as other details, are being kept under wraps. This…
HYDERABAD: Gold soared to lifetime high of $2883/ounce in the international spot market on Wednesday evening following US President Donald Trump’s tariff threats and amid geopolitical tensions. This sent the yellow metal hurtling to new highs of around Rs 85,000/10gm (24K without import duty & taxes) in local markets as the rupee plunged to a…
NEW DELHI: Officers and staff in the finance ministry have been asked not to download or use AI tools, such as ChatGPT and DeepSeek in their office computers as they pose confidentiality risks to official data and documents. “It has been determined that AI tools and AI apps (such as ChatGPT, DeepSeek etc) in office…
BENGALURU: Food delivery platform Swiggy‘s revenue rose 31% to Rs 40,958 crore in Dec quarter compared to same period last year. However, its net loss widened to Rs 799 crore, compared to Rs 574 crore in the year-ago period.The company’s gross order value grew 38% year-on-year to Rs 12,165 crore, tnn Source link
NEW DELHI: The Centre will soon set up the forum for regulatory coordination and development of pension products and expects all key players in the sector to be part of the entity. Finance minister Nirmala Sitharaman had announced the setting up of the forum in her 2025-26 Budget. The forum may be modelled on the…
