Rupee at Record Low of 89.49: What This Means for Investors
The Indian rupee hit a record low of Rs 89.49 against the US dollar, triggering fresh concerns across equity markets and raising questions for investors. The sharp fall, which came…
Infosys Shares Gain After Motilal Oswal Upgrade, Brokerage Sees 39% Upside on Three Key Drivers
Infosys shares were among the top gainers on Monday, November 24, after brokerage firm Motilal Oswal upgraded the stock to a “buy” and projected a strong 39% upside from current…
Strong Dollar and Mixed Fed Signals Put Pressure on Gold and Silver Prices
Gold and silver prices retreated on Monday, November 24, as a strong US dollar and mixed signals from the US Federal Reserve weighed heavily on global precious metals. The weakness…
iPhone Grey-Market Exports Trigger Crackdown as Retailers Warned Against Foreign SIM Activations
India’s rapidly growing grey-market exports of the iPhone 17 have triggered a strong response from Apple’s distributor network. In an unprecedented move, distributors have issued formal warnings to mainline retailers,…
Zomato, Swiggy Shares Steady After Early Dip as New Labour Codes Take Effect
Zomato and Swiggy started the week with volatility as India’s new labour codes came into force, raising alarm over higher operating costs for platforms dependent on gig workers. Both stocks…
Newly Listed Stocks Set to Shake Up AMFI Rejig; Groww, Lenskart Among Likely Midcap Entrants
India’s market landscape is set for a potential shake-up as several newly listed companies prepare to enter large-cap, midcap, and small-cap categories during AMFI’s upcoming half-yearly reclassification.According to market experts,…
IndiGo Up 2% on Sensex Entry; Tata Motors PV Drops 1.5%
Shares of InterGlobe Aviation, the parent company of IndiGo, climbed nearly 2% on November 24 after the BSE announced that the airline’s stock will be added to the benchmark 30-share…
Nifty IT Index Surges as Global Rate-Cut Hopes Improve
The Indian IT sector opened the week with renewed optimism as the Nifty IT index climbed 1.65% to 37,492.35 in Monday’s morning session. The gains were supported by a sharp…
HAL Share Price Drops Sharply After Tejas Crash
Hindustan Aeronautics Limited (HAL) witnessed a sharp fall in its share price on Monday after a Tejas fighter jet, manufactured by the Indian PSU, crashed during the Dubai Air Show,…
India Plans Major Overhaul of GDP Methodology Ahead of 2026 Revision
India Looks to Overhaul GDP Methodology Ahead of 2026 Revision In a move that could significantly change the way the world's fastest-growing major economy measures its output, India looks to…