Rupee could strengthen in near-term on back of India-US trade deal

Rupee could strengthen in near-term on back of India-US trade deal

Analyst says the 89.80–90.00 zone has now emerged as a strong support base for the rupee against the US dollar. The rupee could find short-term support in the wake of India and the US reaching a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade, with market experts seeing the Indian currency strengthening […]

IPO-bound PhonePe targets growth in payments, merchants, new platforms

IPO-bound PhonePe targets growth in payments, merchants, new platforms

Walmart-backed PhonePe, which aims to float its initial public offering (IPO) in April, plans to deepen its presence in India’s digital payments market while expanding into financial services and new consumer platforms. In its draft papers, the company said digital payments will remain the core driver of growth, supported by investments to expand its user […]

Never say die attitude, not for naive F&O retail investors

Never say die attitude, not for naive F&O retail investors

F&O trading is a zero-sum game in which one participant’s loss is another’s gain Year 2026 is going to be even more challenging for F&O (futures & Options) traders, apart from routine known risks. While presenting the Budget on February 1, Finance Minister Nirmala Sitharaman announced an increase in the securities transaction tax (STT), stating […]

Tata International, Mercuria join hands for commodities trading venture

Tata International, Mercuria join hands for commodities trading venture

Noel ​Tata, chairman of ⁠Tata International Global commodities trading house ‍Mercuria will form a joint ​venture with Tata International to expand ‌its presence in India ​and assist the conglomerate with trading a diversified basket of commodities, the pair said in a statement on Friday. “By combining Tata International’s reach and credibility with Mercuria’s ​global capabilities, […]

Stock Market Live Feb 5: Sensex drops 436 pts to 83,381, Nifty down 136 pts at 25,639; Trent the top gainer

Stock Market Live Feb 5: Sensex drops 436 pts to 83,381, Nifty down 136 pts at 25,639; Trent the top gainer

Bernstein on Trent O-P, TP Rs 5000 3Q26: Strong margins delivered; growth revival still loading Growth challenges, but was known since business update Network growth is steady. Margin improvement trajectory stabilizes and is sustainable. Employee Costs leverage has played out and will depend on SSSG revival from here on. Jefferies on Trent Hold, TP Rs […]

India’s mutual fund Industry to more than double in 5 years

India’s mutual fund Industry to more than double in 5 years

, The mutual fund industry is projected to more than double over the next five years, with the economy growing at 10 per cent annually and a shift in money from savings accounts with low interest rates into investment accounts which give higher returns, said KV Kamath, Chairman, Jio Financial Services. “I think there is […]

Walmart becomes first retailer to reach  trillion market valuation

Walmart becomes first retailer to reach $1 trillion market valuation

Despite challenges including inflation, a cooling job market, tariffs, and uncertainty from the U.S. government shutdown, the Bentonville-based retailer has outpaced the S&P 500, which rose 16% over the same period, underscoring its resilience in a challenging economic environment. | Photo Credit: Brendan McDermid/Reuters Walmart became the first retailer ever to hit $1 trillion in […]