AI trade faces biggest test yet as chip stocks tumble across Asia Asian stocks suffered brutal sell-offs on Friday, with Taiwan and South Korea taking the biggest hits as investors turned cautious amid AI fears. The plunge came as Wall Street witnessed its worst session in 18 months, wiping out $2.5 trillion in investor wealth…
Top stocks to buy today on November 6, 2026 Stock market recommendations: APL Apollo Tubes, Lenskart, and Anthem Biosciences Limited – Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One has identified these as the top stocks to buy today on November 6, 2026. Here’s his analysis:Buy APL Apollo Tubes at Rs 2194-2190; Stop…
Oil prices inch towards $100 per barrel Crude oil prices moved higher again, with Brent approaching the $100-per-barrel mark and US West Texas Intermediate (WTI) also registering gains after the sharp losses recorded earlier in the week. Brent crude was trading at $99.59 per barrel, up $1.30 or 1.32%, while WTI stood at $91.34, gaining…
MUMBAI: Gold loan defaults have nearly doubled in five months even as outstanding balances tripled over three years, pointing to a rise in stress in a rapidly expanding segment of the lending market. Loans overdue by more than 90 days accounted for 0.3% of the portfolio in Aug 2026, up from 0.2% in March 2026….
Wall Street suffered a massive selloff on Thursday (local time), wiping out a whopping $2.5 trillion in market value in a single day amid AI fears. The fall came a investors pulled back from technology stocks amid growing concerns over heavy artificial intelligence spending and the possibility of tighter industry regulation.The Nasdaq plunged more than…
MUMBAI: Life Insurance Corporation of India (LIC) reported a 20.1% year-on-year increase in net profit to Rs 12,076 crore in Q2 FY27 ended Sept 30, 2026, compared with Rs 10,053 crore in the corresponding quarter last year.Total premium income increased 11.6% to Rs 2,74,269 crore during H1 FY27. Individual new business premium income rose 14.9%…
Rupee gains against US dollar MUMBAI: The rupee gained 16 paise to close at 94.48 against the dollar Thursday, its strongest level in two weeks and fifth consecutive session of gains, as foreign investor buying resumed and crude oil prices fell below $100 a barrel. Dealers attributed the improvement in inflows partly to portfolio reallocation,…
NEW DELHI: Mahindra & Mahindra’s consolidated net profit rose 25% to Rs 4,588 crore in the Sept quarter, as strong growth in its automobile business offset a decline in farm earnings. Revenue increased 25% to Rs 57,553 crore.Mahindra’s auto business reported a 55% increase in consolidated profit to Rs 2,388 crore, with revenue rising 39%…
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire 100% of Netherlands-based Evos BV from Igneo Infrastructure Partners at an enterprise value of $2.9bn, marking a major expansion of its international operations and giving it a significant presence in Europe’s liquid storage and energy infrastructure market.The proposed all-cash transaction values Evos…
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 57.3% year-on-year jump in standalone net profit in the Sept quarter, driven by higher crude oil and natural gas realisations despite a decline in production. Profit stood at Rs 15,488.6 crore compared with Rs 9,847.9 crore in the year-ago period. Source link
MUMBAI: Mehli Mistry, former trustee of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, has contested Noel Tata’s qualification to sit on the same board under the trust’s century-old deed, raising questions about his faith, citizenship and residence.In a rejoinder filed before the Maharashtra Charity Commissioner on Thursday, Mistry sought directions requiring Noel to file…
US President Donald Trump MUMBAI: A global rally in stocks post Americans’ rebuke to Trump’s policies through the recent midterm polls lifted investor sentiment on Dalal Street on Thursday with the sensex closing 2,009 points or 2.6% higher at 79,310 points – the highest level in eight months.Since Wednesday, after US poll results started coming…
