Gold futures surged on Friday, lifting the metal into its third straight session of gains as traders reacted to weak US economic data that boosted expectations of an imminent interest rate cut by the Federal Reserve. On the Multi Commodity Exchange (MCX), the December gold contract rose by Rs 520, or 0.43%, to settle at…
rThe wave of layoffs sweeping across the United States intensified in October, with more than 153,000 positions eliminated, the highest total for the month in 22 years, according to Challenger, Gray & Christmas.The consultancy, cited by CBS News, reported that employers have now disclosed almost 1.1 million job cuts since January. No year has seen…
China’s latest trade data shows exports fell in October, following months of front-loading US-bound orders to get ahead of President Donald Trump’s tariffs, with the sharp drop in shipments to the United States. The figures highlight China’s continued reliance on American buyers even as it tries to grow other markets.Government data published on Friday show…
Groww’s initial public offering, through which the company plans to raise Rs 6,632 crore, has entered its final day of subscription. At the upper end of the price band, the issue values the investment platform at 33.8 times its FY25 earnings. As per BSE data, the IPO of Groww (Billionbrains Garage Ventures Ltd) has drawn…
Market analysts indicate that the current phase shows consolidation with a downward tendency. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 went below 25,400, BSE Sensex was down over 450 points. At 9:19 AM, Nifty50 was trading at…
Top stocks to buy (AI image) Stock market recommendations:According to Bajaj Broking Research, the top stock picks for November 7, 2025 are Manappuram Finance, and Dabur India. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices extended its corrective consolidation for the third week in a row. Investors stayed on the sidelines, tracking…
Morgan Stanley has an equal-weight rating on SBI with the target price raised to Rs 1,025. Analysts said the key positive from SBI’s July-Sept (Q2FY26) results was a 5% higher net interest income (NII) over analysts’ estimates and strong fees. Its profit after tax (PAT, pre-exceptional gain) was 15% above estimates, while asset quality remained…
MUMBAI: FM Nirmala Sitharaman on Thursday urged banks to ensure that customers can get service in branches while speaking in the local language and called upon lenders to tweak HR policies to give weightage to local language proficiency during appraisals.She asked banks to restore the human connect in customer service, insisting that technology must complement,…
File photo (Picture credit: ANI) India’s services sector saw its slowest pace of growth in five months during October, as competitive market pressures and heavy rainfall in some regions weighed on business activity.According to the monthly HSBC India Services PMI Business Activity Index, compiled by S&P Global, the seasonally adjusted reading fell to 58.9 in…
MUMBAI: Finance Minister Nirmala Sitharaman has urged banks to ensure that customers are able to get their work done in branches speaking in the local language. She also called upon banks to tweak HR policies to give weightage to local language proficiency during appraisals. She asked banks to restore the human connect in customer service,…
