Sensex, Nifty seen opening firm post India-EU deal
Improved global risk sentiment may encourage short-covering and fresh buying, though pressure on the rupee, continued foreign fund outflows and geopolitical tensions remain near-term headwinds. Indian equity markets are likely to stay firm at the opening on Thursday amid positive global cues. Trade Deal Boost Trideep Bhattacharya, President and CIO, Equities, Edelweiss MF, on the […]
Vedanta to sell 1.59% Hindustan Zinc stake worth ₹4,872 crore
Indian oil-to-metals conglomerate Vedanta said on Tuesday it will sell a 1.59 per cent stake in unit Hindustan Zinc, valued at ₹4,872 crore ($531.3 million), according to Reuters calculations. As of December 31, Vedanta held 61.84 per cent of the zinc and silver miner. The Indian government is Hindustan Zinc’s second-largest shareholder, with a 27.92 […]
Gold reserve fund likely to see high allocation in RE of FY26, BE of FY27
With gold prices surging, the Union Budget is likely to provide a higher allocation to the Gold Reserve Fund in both the revised estimates (RE) for FY26 and the budget estimates (BE) for FY27. The fund is primarily used to meet redemption payouts under the Sovereign Gold Bond (SGB) scheme. A key driver of the […]
IEW 2026 in Goa from Jan 27 to spotlight energy transition and innovation
India’s global energy engagement has undergone a quiet but decisive shift over the past three decades, evolving from a hydrocarbons-centric dialogue anchored by the Petrotech conference to a broader, integrated and transition-ready platform under India Energy Week. The fourth edition of India Energy Week (IEW) will take place from January 27-30, 2026, in Goa, bringing […]
Derivatives signal capped upside for equities
Foreign institutional investors sold equities worth ₹22,530 crore in the first half of January, extending their selling streak | Photo Credit: VIVEK BENDRE Indian equity derivatives markets are signalling a range-bound near term for benchmark indices, with options positioning and foreign portfolio behaviour suggesting traders are more focused on risk management than fresh buys. The […]
Gold–Silver Ratio at 50.9: What It Means and How Investors Can Use It
Silver has been stealing the limelight in India, up more than 200 per cent in a year, while gold is up over 80 per cent. Two friends meet near a jewellery store window and decide to decode one number that quietly links both metals, the gold-silver ratio. Sonakshi: Look at this newspaper article. Silver (domestic […]
Wheat production hinges on MP, Rajasthan as area dips in UP & Punjab
Among the top six major states that account for nearly 90% of the national coverage under wheat, the acreage in UP was 2% lower at 94.13 lh, Punjab 1% down at 34.89 lh and Bihar 13% lower at 19.92 lh. A marginal drop in wheat area this year in Uttar Pradesh, Punjab and Bihar has […]
Pride Hotels gets SEBI approval for Rs 1,000 crore IPO
Hospitality chain Pride Hotels operates 34 hotels with 2,723 rooms and plans further expansion. | Photo Credit: iStockphoto Hospitality chain Pride Hotels has received regulator SEBI’s approval to raise funds through initial public offerings (IPO), an update with the capital markets regulator showed on Friday. According to industry sources, Pride Hotels is going to raise […]
From oil majors RIL, HPCL and ONGC to Adani and Tata group companies, these 8 stocks will remain in focus today
Reliance Industries’ 16 step-down subsidiaries, all engaged in the new energy ecosystem, have been amalgamated under Reliance New Energy, the company said. The step-down wholly-owned subsidiaries include Reliance Power Electronics, Reliance Electrolyser Manufacturing, Reliance Green Hydrogen and Green Chemicals, Reliance New Power Electronics, Reliance New Energy Storage, Reliance Carbon Fibre Cylinder, Reliance New Energy Carbon […]
Broker’s call: UTI Asset Management (Buy)
Source: Company website | Photo Credit: SACHIN Target: ₹1,278 CMP: ₹1,029.90 UTI Asset Management Company’s Q3-FY26 PAT was impacted by exceptional items but beat estimates, while core revenue grew in single digits with yields declining marginally. Flows were mixed, with equity and hybrid net outflows of ₹220 crore in Q3, although strong ETF/index inflows of […]
