Rupee slumps 73 paise to 91.69 against dollar
The last time the rupee saw a steep single-day fall was on November 21, 2025, when it plummeted 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, weighed down by a host of factors including outflows due to FPI selling in the Indian equity markets, corporate demand, ripple impact […]
Gold Rate Today January 21 2026: Check latest Gold prices in Mumbai, Ahmedabad, Chennai Delhi, Bengaluru, Hyderabad, Kolkata & Other Cities
FILE PHOTO: Gold bars are displayed at a gold jewellery shop in Chandigarh | Photo Credit: AJAY VERMA Gold prices in India have seen an upward trend today, January 21, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides […]
Shadowfax Tech IPO subscribed 47% on day 1
The initial public offer of logistics services provider Shadowfax Technologies Ltd received 47 per cent subscription on the first day of bidding on Tuesday. The three-day IPO received bids for 4,18,39,800 shares against 8,90,88,807 shares on offer, according to NSE data. The category for retail individual investors (RIIs) fetched 1.11 times subscription. The portion for […]
Shadowfax raises Rs 856 crore from anchor investors ahead of IPO
The anchor book saw strong participation from domestic and global institutional investors, including mutual funds, insurance firms and foreign institutions. | Photo Credit: iStockphoto Logistics services provider Shadowfax on Monday said it has collected Rs 856 crore from anchor investors, a day before the opening of its initial share sale for public subscription. The anchor […]
Sensex, Nifty extend losses in noon trade as global trade worries persist
Sectoral indices also traded in the red, with the Nifty Bank falling 296.85 points or 0.49 per cent to 59,798.30. | Photo Credit: istock.com Benchmark indices deepened their losses in afternoon trade on Monday, weighed down by continued selling pressure in key sectors amid lingering concerns over global trade tensions and sustained foreign fund outflows. […]
Budget 2026 outlook: Possible changes in ETF and gold tax rules
Over the last 12 months, the gold price in India has increased by over 76 per cent. Despite the increase, India’s love for gold shows no indication of slowing down. Unlike a few years ago, when gold was held in physical forms such as jewellery, coins and bars, investors/purchasers are now moving to modern ways […]
Surging credit markets prompt complacency warning
Global credit markets are running at their hottest in two decades, prompting some of the world’s biggest money managers, including Aberdeen Investments and Pimco, to warn against complacency about the risks. Yield premiums on corporate debt have fallen to just over one percentage point, the least since June 2007, amid confidence about the economic outlook, […]
FPIs pull out ₹14,266 crore from Indian equities this week
Foreign portfolio investors (FPIs) extended their selling streak in Indian equities, withdrawing ₹14,266 crore during the week ended January 16, according to data from National Securities Depository Limited (NSDL). The relentless outflow came despite domestic institutional investors pumping in ₹16,174 crore, which helped benchmark indices close the week nearly flat. The weekly net outflow was […]
Algorithmic trading market to reach $1.55 billion by 2033
Regulators have introduced frameworks to enable retail participation while ensuring safeguards, including broker accountability, algorithm registration, and performance verification, aimed at improving transparency and investor protection. Algorithmic trading in the equity market has been expanding rapidly, reaching $1.55 billion by 2033, driven by supportive policy measures from the market regulator, SEBI, and improvements in cloud […]
Infosys shares surge 5% as raised guidance lifts investor sentiment
Infosys secured large deals worth $4.8 billion during the quarter, up 92% year-on-year, including a $1.6 billion contract with NHS UK. | Photo Credit: Chris Helgren Infosys shares jumped 5.07 per cent to ₹1,680.90 in morning trade on Friday, following the company’s decision to raise its FY26 revenue growth guidance and report strong deal wins […]