Jateen Trivedi, VP Research Analyst – Commodity and Currency at LKP Securities, said gold maintained a firm upward bias last week, climbing almost 4 per cent on MCX and finishing near Rs 1,58,000. He noted that the rally was mainly driven by the recent 6 per cent increase in import duty, which pushed domestic prices…
Top stocks to buy today (AI image) Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends picking up Syrma SGS, and Max Financials as the top stocks for the trading week starting May 18, 2026: Stock Rating CMP (Rs) Target (Rs) Upside (%) Syrma SGS Buy 1016 1300 28% Max Financials Buy 1601 1980…
MUMBAI: A packet of milk, a simple thali meal, packaged consumer goods, an air-conditioner that’s almost a non-negotiable purchase now for many households amid rising temperatures, a box of paint, gold jewellery, a restaurant feast or an air-ticket—the war has hit low income and middle class Indians, making them pay more for a lot of…
Jefferies has a buy rating on Bharti Airtel with the target price raised to Rs 2,350 from Rs 2,250. Analysts said the telecom major’s Jan-March quarter (Q4FY26) revenues and earnings before interest, taxes, depreciation, and amortisation (EBITDA) beat analysts’ estimates, but normalised profits missed estimates. India mobile average revenue per user (ARPU), strong growth in…
MUMBAI: Tata Trusts is weighing its options in response to the Maharashtra charity commissioner’s order restraining it from convening board meetings — including seeking clarifications on the directive, approaching the commissioner’s office to argue that the order cannot apply as a blanket restraint on all Trusts, or challenging it before the Bombay high court.People familiar…
Oil prices extended their rally on Monday, jumping more than 2% as intensifying geopolitical tensions kept traders on edge and efforts to de-escalate the Middle East conflict showed little progress. Sentiment was further shaken after reports of an attack on a nuclear power plant in the United Arab Emirates. Alongside this, US President Donald Trump…
MUMBAI: Muthoot Fincorp has approved plans to raise up to Rs 4,000 crore through an initial public offering of equity shares and a share split, as part of a broader capital-raising programme cleared by its board on May 16, even as the company reported growth in its latest financial results.In an exchange filing, the company…
MUMBAI: Veteran banker KV Kamath is now the chairman of Jio Financial Services, helping guide its expansion in a crowded market. Kamath, credited with turning ICICI from a staid development financial institution into an aggressive retail powerhouse, remains upbeat on India and technology. Excerpts:PM Modi’s appeal to defer gold purchases and conserve fuel is seen…
NEW DELHI: Around half of India’s online fashion and beauty shoppers are now Gen Z, and platforms are rapidly realigning to keep pace. Significantly, the cohort also boasts 1.5x the e-retail spend share on categories such as lifestyle, beauty, and electronics compared to other age groups, driving growth in a market that has more than…
MUMBAI : UK’s Prudential plc has doubled down on its India plans, with the British insurer agreeing to acquire a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE Asset Management for an initial cash consideration of Rs 3,500 crore. The transaction will hand Prudential both majority ownership and operational control,…
