The Indian equity markets ended the week with a 1% gain but remained below the key 25,000 mark, prompting analysts to weigh in on underlying trends. Mayuresh Joshi in an interview to ET Now highlighted domestic policy measures and global factors. “ GST rationalization is very positive—it should start boosting volumes and margins from Q3, […]
ICICI Bank among Motilal Oswal’s top 5 stock picks with upside potential of up to 26% – Indian markets cherish optimism
Indian equity markets are cherishing the optimism around the proposed “GST 2.0” reforms. Index heavyweights are also providing strong support to the indices and have helped maintain the positive momentum through the week. With this, domestic brokerage firm Motilal Oswal has picked its top 5 bets on a fundamental basis for a horizon of 1 […]
US stocks: US stocks end lower as jobs data fuels economic worries
NEW YORK, Sept 5 – U.S. stocks ended slightly lower on Friday as investors weighed economic worries against optimism over interest rate cuts by the Federal Reserve after data showed U.S. job growth weakened sharply in August. Bank shares were among those taking the biggest hit, with the S&P 500 bank index ending 2.4% lower. […]
Kalyan Kumar set to lead Union Bank as Lalit Tyagi may join Central Bank amid reshuffle
Kolkata: Kalyan Kumar is likely to head the Union Bank of India while Lalit Tyagi is to move to the Central Bank of India, said senior people aware of development adding that the latest reshuffle is recommended by the department of financial services. This will imply that Asheesh Pandey is dropped from the top post […]
Vodafone Idea shares jump 12% on buzz of $1 billion rescue bid, extend 3-day surge
Shares of Vodafone Idea surged as much as 12.5% on Friday to Rs 7.45 on the BSE, extending a three-day rally, after The Economic Times reported the Indian government is seeking a strategic investor willing to inject $1 billion into the debt-laden telecom operator. The stock has climbed more than 14% over the past three […]
Markets stay choppy; Nifty stuck in 24,500–25,000 range
After a promising green opening, volatility returned to the markets, raising concerns over whether indices might once again end in the red. Speaking to ET Now, Vinay Rajani noted, “Yes, choppiness is still there, 350 points of correction after the positive announcement of GST. So, the market is not cheering, as we have been discussing—every […]
Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 crore
SoftBank-backed Oyo recorded a profit after tax (PAT) of over Rs 200 crore in quarter one of the current fiscal year, as per an email from founder Ritesh Agarwal to the company’s management committee and its shareholders. The email was seen by ET. In a separate notification sent to its shareholders and seen by ET, […]
SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
Budget carrier SpiceJet on Friday reported a consolidated net loss of Rs 234 crore in the quarter ended June 30, 2025, versus a net profit of Rs 158 crore posted in the year-ago period. The revenue from operations fell 36% on a year-on-year basis to Rs 1,060 crore compared to Rs 1,646 crore in the […]
Back-to-back settlement holidays to delay trade processing; what investors need to know
Investors will face a temporary disruption in trade settlements as September 5 (Friday) and September 8 (Monday) have both been declared settlement holidays. The Reserve Bank of India (RBI) shifted the public holiday for Eid-e-Milad from Friday to Monday, creating two consecutive non-working days in the equity settlement cycle. As a result, trades executed between […]
US stocks ease from record highs as slowdown fears cloud rate-cut optimism
Wall Street‘s main indexes eased from record highs on Friday after concerns about a slowdown in the world’s largest economy outweighed optimism about interest-rate cuts from the U.S. Fed following a weaker-than-expected August jobs report. Economically sensitive sectors led declines. Banks fell 2.2%, energy shed 1.7% and industrials lost 1%. Data showed the U.S. economy […]