20389 articles

Sebi Chairman Tuhin Kanta Pandey said the regulator has no plans to change the Closing Auction Session despite sharp expiry-day swings. Sebi expects participation and understanding to improve, while monitoring liquidity concerns and alleged manipulation. NSE IPO approval is also nearing.

The 118-year-old Calcutta Stock Exchange is seeking Sebi guidance on reviving equity trading through interoperability or a new clearing corporation. The bourse is evaluating regulatory compliance options, with interoperability via NSE or BSE potentially offering a faster route.
US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger revenue growth, margin expansion and upgrades across sectors suggest the next market phase could feature wider earnings participation.
Happiest Minds Technologies shares fell 6.16% after reports that ITC Infotech may acquire a 22% promoter stake. The stock settled at Rs 420.25, while investors weighed the potential transaction against the company’s recent profit and revenue growth.

The ED has seized and frozen assets worth ₹33 crore linked to Vatika Ltd promoters in a money laundering probe over alleged fraud with homebuyers. The agency alleged that plots worth ₹120 crore were delivered against ₹260.30 crore received.

BNP Paribas has issued an outperform rating on Nvidia with a target price of $285, implying a 36% upside. The brokerage highlighted Nvidia's role in the data centre revolution, accelerated computing, strong Q2 financial results, and robust demand for its Blackwell and Vera Rubin platforms despite supply chain constraints.


A grandmother's innocent chat with ChatGPT charmed social media as she mistook it for a real person. Her granddaughter documented the exchange, expressing reluctance to correct her Nani's misunderstanding.
Wall Street opened higher on Thursday as technology stocks rallied following Nvidia's strong revenue forecast. The gain restored investor confidence in the broader artificial intelligence rally, lifting the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite at the opening bell, driven by robust buying across semiconductor and tech shares.


Wipro ADRs gained 5% pre-market after expanding its Google Cloud partnership to scale Gemini Enterprise and agentic AI adoption. The company will deploy AI internally, train 10,000 specialists and help enterprises embed autonomous agents across core business workflows.

The NCLT approved a resolution plan by Subhash Chandra to settle ₹22,006.57 crore in claims with only ₹6.5 crore, representing a 99.97% reduction. NCLT Member (Judicial) Nilesh Sharma, acting as the third member of the tribunal, approved the resolution plan on Tuesday under Section 114 of IBC.

The Trump administration is considering a new tariff package on semiconductors and related electronic products, according to Politico. Commerce Secretary Howard Lutnick supports tariff relief for foreign companies that invest in U.S. semiconductor manufacturing to boost domestic production.

Realty firm iUSTUS is set to embark on an ambitious project, developing a staggering twenty-five lakh square feet across South and East Bengaluru. Committed to excellence in quality construction and professional execution, the founders, Pawan Sawhney and Santosh Soni, leverage their extensive real estate backgrounds to foster lasting value for both communities and homebuyers.
On Thursday, investor appetite for Indian government bonds dwindled amidst fears of increased supply and concerns over RBI's liquidity stance. The results from the treasury bill auction reflected weak demand, driving yields upward. Speculation is building that the Reserve Bank of India may take steps to curtail excess liquidity, preparing for possible policy adjustments as inflationary pressures rise. Market analysts predict interest rate hikes within the next year.
Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech comes as markets grapple with sticky inflation, elevated oil prices and shifting rate expectations. Investors will watch for clues on the Fed’s policy path, while the dollar, Treasury yields and gold could react sharply to any change in Warsh’s tone.