Gold Surges Toward $3,330 as US Fiscal Woes Stir Haven Demand
Metal Heads for Biggest Weekly Gain in Over a Month Amid Credit Rating Downgrade and Debt Explosion Gold futures soared toward $3,330 per ounce on Friday, cementing what is poised…
IndusInd Bank Faces Bigger Challenge from MFI Exposure Than Derivatives
₹4,975 Crore Blow to Financials Reveals Deep Systemic Weaknesses IndusInd Bank's March quarter results for FY25 have unveiled the most significant financial setback in its history, driven largely by systemic…
Oil Poised for Weekly Decline as OPEC+ Considers Major Supply Increase
Brent and WTI Slip Amid Prospects of Elevated Production Oil prices are headed for their first weekly drop in three weeks, with Brent crude slipping toward $64 per barrel, marking…
Global Volatility Hits Investor Confidence Amid Trade and Yield Uncertainty
Market Turbulence Leaves Long-Term Investment Strategy in Disarray In a stark reflection of deteriorating macroeconomic clarity, global investors admit to being effectively “flying blind,” as they confront unprecedented volatility stemming…
Sensex Rallies 600 Pts, Nifty Hits 24,800 as IT Leads Market Rebound
Nifty Surges Past 24,800, Sensex Rallies Nearly 600 Points as IT and FMCG Stocks Lead Rebound Indian equity benchmarks regained ground on May 23, rebounding strongly from the previous session's…
Nifty IT Index Jumps 2% as Bernstein Predicts Earnings Revival on Strong Deal Momentum
The Indian IT sector saw a robust rally on May 23, with the Nifty IT index rising nearly 2%, after global brokerage firm Bernstein projected a positive outlook for the…
IndusInd Bank Faces ₹4,975 Crore Hit in Q4FY25 Due to Derivatives and MFI Lapses
In a major financial setback, IndusInd Bank has reported a hit of ₹4,975 crore in the March quarter (Q4FY25), stemming from accounting adjustments related to derivative instruments and lapses in…
Nifty Tests 24,800, Sensex Surges 600 Points as Bulls Make a Comeback — IT, FMCG Lead the Rally
In a powerful rebound from the previous session's sharp losses, Indian benchmark indices staged an impressive rally on Friday, May 23, shrugging off concerns from the global bond rout and…
IndusInd Bank Faces Governance Crisis: Analysts Warn of Deepening Confidence Issues
IndusInd Bank is grappling with a major crisis of confidence, as concerns around internal governance, accounting lapses, and ongoing financial discrepancies shake investor sentiment. While the bank maintains that a…
Sun Pharma Q4 Net Profit Drops 19% to ₹2,154 Crore; Declares ₹5.50 Final Dividend for FY25
Sun Pharmaceutical Industries Ltd reported its financial results for the fourth quarter ended March 31, 2025, revealing a dip in profitability despite strong revenue growth. In Q4FY25, Sun Pharma’s consolidated…
