Swiggy’s shares slumped after a larger-than-expected quarterly loss, with investors looking past strong food-delivery profitability to widening losses in its Instamart quick-commerce business. Swiggy’s shares tumbled sharply on Friday after the food delivery and quick-commerce group reported quarterly results that…
Investors are retreating from crowded AI trades, sending the yen higher and driving steep falls in US technology shares as concerns mount over escalating infrastructure costs and uncertain returns. Risk aversion swept through markets on Thursday as investors cooled on…
BlueStone’s September-quarter revenue reached Rs.745 crore as its network expanded to 379 stores and repeat customers contributed more than half of sales, though debt, cash flow and gold-price volatility remain concerns. BlueStone Jewellery and Lifestyle said revenue surged in the…
CLSA says the Nifty 50 is approaching a potential bottom, but warns that its ability to stabilise will depend on holding key support levels as failed breakouts unsettle markets across the US and Asia. CLSA says the Nifty 50 is…
Analysts expect Tata Consumer Products to report 12.9% revenue growth and a 14.4% rise in net profit, driven by Sampann, NourishCo and Soulfull despite pressure from higher tea costs. Tata Consumer Products is expected to post another quarter of solid…
Mahamaya Steel Industries drew attention after its shares approached a key technical resistance level, but later market snapshots showed a sharp pullback from the highs highlighted by Trade Brains. Mahamaya Steel Industries has been drawing attention after Trade Brains noted…
J&K Bank reported a 10.6% year-on-year rise in second-quarter net profit to Rs 546.36 crore, while gross and net non-performing assets fell to their lowest levels in a decade. Jammu and Kashmir Bank reported a stronger second quarter on Thursday,…
Crude freight rates have surged from about $3 to more than $20 a barrel as war-risk premiums, rerouting and tanker disruption offset easing physical oil premiums and threaten to squeeze Indian refiners and fuel retailers. Crude shipping costs have climbed…
Rajratan Global Wire expects volumes to rise 15% to 20% as it expands capacity in Chennai and Thailand, while high input costs and intense competition continue to weigh on margins. Rajratan Global Wire said its second-quarter earnings reflected stronger volumes,…
Gold may remain a strategic portfolio holding, but HSBC says forced selling, higher yields and a stronger dollar can undermine its protection during severe equity-market stress. Gold’s recent pullback is exposing a split that HSBC says investors should understand clearly:…
The actively managed ETF combines established names such as Visa and JPMorgan Chase with payments, data and technology businesses positioned for the long-term digital evolution of finance. Baron Financials ETF is trying to do something that traditional financial sector funds…
Renewed warnings of possible attacks and falling US crude stocks are fuelling oil-market anxiety, even as Middle Eastern exports recover and alternative supply routes remain open. Oil prices moved higher on Thursday as renewed concern over the Middle East added…
