Gold futures on the Multi Commodity Exchange (MCX) surged sharply for February delivery, climbing ₹2,431 — a rise of 1.8% — to reach a fresh record of ₹1,41,250 per 10 grams. The move underscores strong demand for the metal as investors and consumers react to a mix of domestic and global forces. Why gold is … Read more
Indian equity benchmarks slipped over the last five trading days, with the BSE benchmark falling 2,185.77 points (a decline of 2.54%) and the Nifty falling 645.25 points (down 2.45%). The pullback marks a period of profit-taking and heightened caution among investors as markets digest a mix of domestic and global signals. Market snapshot The recent … Read more
Foreign investors trim exposure as geopolitical worries and tariff fears bite Foreign institutional investors (FIIs) have been selling Indian stocks amid a backdrop of geopolitical volatility and growing concern that the United States may impose additional tariffs on some Indian exports. The combination of external uncertainty and potential trade restrictions has increased market nervousness, prompting … Read more
Regulators Push Exchanges Away from Hosting ICOs and ITOs New directives are steering cryptocurrency exchanges away from facilitating Initial Coin Offerings (ICOs) and Initial Token Offerings (ITOs), the token-market equivalents of stock IPOs. The guidance discourages exchanges from acting as the primary platform for these fundraising events, signaling a tighter regulatory stance on how tokens … Read more
Chairman and Managing Director Akuri Srinivas Reddy announced on Saturday that the company has signed cricket legend Sachin Tendulkar as its brand ambassador for a three-year term. Mr. Reddy also said that “the process” tied to the appointment is expected to be completed within the current financial year. Deal details and timeline The agreement with … Read more
Gold ETFs see record inflows in December 2025 Net inflows into gold exchange-traded funds (ETFs) surged to a record ₹1,16,467 crore in December 2025, nearly triple the amount from the previous month, data from the Association of Mutual Funds in India (AMFI) shows. The sharp jump reflects growing investor appetite for gold-backed products as a … Read more
What the change would mean for the brokerage sector A proposed change that would keep 60% of stock brokers out of a new regulatory or operational framework is likely to reshape how trading services are offered and how markets function. While the exact scope and rules of the framework may vary, excluding a majority of … Read more
The public offer opened for subscription on Friday and will remain open until January 13. Ahead of the subscription window, the company raised ₹273.1 crore from anchor investors, providing an early indication of institutional demand. Why the anchor allocation matters Anchor investors are typically large institutional or high-net-worth buyers who commit funds before a retail … Read more
Several heavyweight stocks from the 30-Sensex index slipped on the session as market momentum softened. Among the biggest laggards were NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma and Bajaj Finance, reflecting a mix of sector-specific concerns and broader market pressures. Who pulled the index down and why Each of these firms represents an … Read more
Local currency comes under pressure as dollar strengthens A stronger greenback combined with weak sentiment in domestic equity markets is weighing on the local currency, forex traders say. The twin force of a firm dollar and risk-averse investors has pushed the exchange rate toward weaker levels, adding fresh stress for businesses and households that depend … Read more