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Bulls in action! Sensex zooms 1,400 pts intraday; oil, FII buying aid rally

Experts said that strong FII participation in the past few sessions and better-than-expected corporate earnings are supporting the market rally.

Stock Market Close: Sensex pares gains but ends 773 pts up, Nifty at 25,255; PSU Bank rises 3%

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap 100 and the Nifty SmallCap 100 rose 0.81 per cent and 1.59 per cent, respectively

Punjab National Bank share price soars 11% in two days; hits 52-week high

Share price of Punjab National Bank hit a 52-week high of ₹139, rallying 5% on the BSE in Wednesday's intraday deals amid heavy volume.

Gold faces inflation headwinds on hawkish Fed tilt; $4,150 stays key hurdle

Gold futures on the daily chart witnessed a rebound from the 138000 zone, but the recovery lacked strength as prices failed to sustain above the crucial 146000 resistance level.

Bank Nifty tops 61,000, nears all-time high; what do charts say?

The Bank Nifty has surged 12% thus far in November and quoted near its life-time high of 61,765 hit in February 2026.

Moody's raises India's FY27 growth forecast to 7% on broad-based momentum

Moody's Ratings on Wednesday said the Indian economy is expected to grow at a higher rate of 7 per cent in the current fiscal, led by broad-based economic momentum and energy supply shock resilience. In its Global Macro Outlook 2027-28, Moody's, however, said that near-term risks to growth persist as household consumption remains vulnerable to "intensifying and broadening price pressures", with headline inflation close to the upper end of the Reserve Bank of India's (RBI) 2-6 per cent target range, while a deficient southwest monsoon and strengthening El Nino conditions will weigh on agricultural output and rural demand. "India's broad-based economic momentum and demonstrated resilience to the energy supply shock warrant upward revisions to our 2026-27 growth forecasts to 7 per cent from 6.5 per cent," it said. Robust consumption, improving investment dynamics and strong macroeconomic fundamentals imply that the economy appears well positioned to sustain growth near 7 per cent over

Nifty Bank index rallies 4% in two days, nears record high; here's why

Bank of Baroda and Punjab National Bank were up 5% each, while Federal Bank, IDFC First Bank and AU Small Finance Bank gained 4% each in Wednesday's trading session.

At new highs! Eternal, Groww, Adani Ports, Ather, 16 more NSE 500 stocks

Engineers India, Indian Hotels Company, Marico, Navin Fluorine International, Asahi India Glass and Phoenix Mills from the Nifty 500 index also hit new life-time highs on Wednesday.

Sonia Gandhi's book 'Belonging' released: Key revelations from her memoir

Sonia Gandhi's memoir, Belonging: A Journey of Love, revisits major political events, family tensions and personal tragedies, including Rajiv Gandhi's assassination

IndiGo extends Saudi flight suspension till Nov 30 amid Houthi attacks

IndiGo has extended the suspension of flights to Jeddah and Madinah until November 21, while services to Riyadh and Dammam will remain suspended until November 30

Ashoka Buildcon shares jump 15% on ₹866 crore NHAI expressway contract

Ashoka Buildcon has received a Letter of Acceptance from the National Highways Authority of India (NHAI) for the balance work on eight-lane, access-controlled stretch of the Vadodara-Mumbai Expressway

Kalyan Jewellers surges 10%, hits 52-week high post Q2 results

The average trading volume at the Kalyan Jewellers' counter jumped 10-fold with a combined 17.37 million shares changing hands on the NSE and BSE till 09:32 AM on Wednesday.

IIFL Finance-Blackstone deal: Stock gains 4%; brokerages decode impact

US-based Blackstone, the world's largest alternative asset manager, will invest ₹5,000 crore (about $535 million) for a nearly 16 per cent stake in IIFL Finance

Jefferies bets on largecaps as FPIs return; RIL, HDFC among top plays

Jefferies believes that a potential AI-trade reversal, any equity tax relief, resilient domestic macro, reasonable large-cap valuations and light positioning could sustain these flows.

Profit bonanza for govt OMCs in Q2 FY27 despite crude oil turmoil

Earnings hit a 13-qtr high on improved refining margins, lower excise payout

What next for Nifty after a gap-up open on Wed? Analysts decode strategy

Ponmudi of Enrich Money reckons that the Nifty is likely to maintain a positive near-term bias, while some consolidation may emerge following the sharp recent rally.

Stocks to watch: Kalyan Jewellers, MTNL, Dabur, IIFL Finance, MRF, NBCC

Stocks to watch: Kalyan Jewellers, MTNL, Dabur, HUL, IIFL Finance, MRF, NBCC, Balrampur Chini Mills, Tata Motors PV, DLF, Bajaj Finance, among others, will be in focus today.

Alice Huang, Jensen Huang and the network behind billions in Nvidia chips

Alice Huang, who US intelligence determined is a Chinese asset, emerged from the high-flying world of Shanghai finance to work with tech titans and obtain essential AI chips

Festive demand, export recovery drive auto sector growth, says MOFSL

The medium-term sector outlook remains favourable, supported by steady volume growth, product launches, improving exports and a gradual recovery in rural demand.

Nvidia investigates alleged spy plot involving its CEO: What we know

Stunning allegations of a spy plot have prompted investigations of Nvidia CEO Jensen Huang's affair with a purported Chinese government agent. Over the weekend, Huang admitted to having an extramarital affair, and acknowledged that news reports surrounding the relationship and potential national security concerns led Nvidia's board to investigate. He and his chipmaking company did not name the person he had been intimate with, but The New York Times identified her as business executive and Chinese citizen Alice Huang. The outlet said US intelligence determined she was gathering information for Beijing. China's Foreign Ministry has dismissed the spying allegations, saying on Monday they amount to a smear campaign. Many questions remain unanswered. But the scandal is already bringing turmoil to Nvidia, whose high-end chips have emerged as the leading building blocks for artificial intelligence. Huang himself has become a key face in the AI race, both across the industry and often on U

Hindalco, Airtel among 2 stock recommendations by Kotak's Shrikant Chouhan

Shrikant Chouhan remains constructive on Hindalco's outlook, supported by strong copper profitability, gradual recovery at Novelis, and continued progress on strategic growth initiatives.

PB Fintech: Retailers buy, FPIs turn wary in Q2; who got right end of deal?

According to analysts, FPIs' response was a reaction to the policy shock, even as retail investors focused on the business.

From runways to highways: Bus travel gathers pace amid soaring airfares

Better-quality buses, expanding sleeper services and improving highway infrastructure are making road travel more comfortable and reliable

Govt targets ₹6,000 crore in FY27 from sale of MTNL's land assets

Five properties owned by MTNL in Mumbai, valued at about ₹4,000 crore, have already received approval from the alternative mechanism

The turn of the tide: Foreign investors return, signalling longer India bet

FPIs bought ₹53,172 crore of equities and ₹7,480 crore of government bonds in the first nine days of November, ending a 10-month streak of monthly equity outflows.

Smartphone volumes slumped this Diwali season amid a surge in prices

Smartphone sales volumes fell 18-20% during Diwali 2026 despite a late festive-season recovery, as consumers postponed purchases and demand remained weak across much of the country.

COP31 opens with climate finance clash as rich, developing nations spar

An opening-day fight over climate finance and trade underlined the widening divide between developed and developing nations as COP31 began in Antalya, Türkiye

Bullish signals! GIFT Nifty jumps 1% as crude oil prices test $90/bbl

A decline in oil could also influence the ​interest rate outlook amid easing inflation fears.

3 workers die of asphyxiation at Tata's iPhone parts factory in Tamil Nadu

The workers died during maintenance work on a water tank at the company's Hosur facility, which makes components for Apple iPhones

Fires, protests and pollution: Apple's supply chain challenges in India

The Hosur incident is the latest setback for Apple's manufacturing network in India, following a ransomware attack, pollution-control concerns and scrutiny of hiring practices at supplier plants

IPL 2027: Full list of traded players, proposed deals and trading rules

With the retention deadline approaching on November 17 and the mini-auction scheduled for December 16 in Goa, here is a look at the completed transfers, reported deals and IPL trading regulations

Trump says Iran war is 'effectively over': How the conflict unfolded

After eight months of airstrikes, retaliatory attacks, failed negotiations and repeated ceasefire attempts, Trump says US military action in Iran is effectively over. Here's a timeline of the conflic

Trump backs Pete Hegseth as Republicans move to impeach defence secretary

Trump defended Defence Secretary Pete Hegseth amid an impeachment push by Republican Representative Thomas Massie over the Iran war, alleged extrajudicial killings and military strikes

Ozempic, Wegovy to carry new FDA warning over rare risk of vision loss

Popular weight loss drugs including Ozempic and Wegovy will carry a new warning about a possible rare side effect that can sometimes lead to permanent vision loss, US health regulators announced Monday. The Food and Drug Administration said the risk will be added to the labeling of all GLP-1 drugs, the blockbuster medications used to treat obesity, diabetes and several other medical conditions. The class includes a dozen injectable or pill-based drugs, including widely used brands like Zepbound and Mounjaro. The eye condition, known as non-arteritic anterior ischemic optic neuropathy, can cause significant vision loss. The problem, which has been reported with all GLP-1 drugs, is caused by decreased blood flow to the optic nerve, although the underlying cause isn't understood, the FDA said. FDA scientists began looking into the problem after the publication of a 2024 medical paper tying the condition to certain patients taking semaglutide, the active drug in Eli Lilly's Ozempic. An

Explosion at steel plant in western Turkiye leaves 16 dead, 13 injured

A huge explosion and fire at an iron and steelworks in western Turkiye left 16 people dead Monday, officials said. The fire at the HABAS plant in Aliaga, Izmir province, also injured 13 people, two of them critically, President Recep Tayyip Erdogan said in a televised address following a scheduled Cabinet meeting. "Judicial and administrative investigations have been launched into the explosion," Erdogan said. "The reasons and circumstances of this tragic event, which has deeply saddened our nation, as well as whose negligence was involved and who is responsible, will be revealed." Provincial Governor Suleyman Elban said that a crane fell into a furnace as it was replacing a boiler, causing an explosion in a nearby steel mill. There were 200 workers in the vicinity instead of the usual 300 because production had been halted for the boiler switch, he said. Earlier, broadcaster NTV showed images of the immediate aftermath of the explosion, with a large fire inside the facility and a

Stock market holiday: NSE, BSE to remain closed for Diwali-Balipratipada

Stock market holiday today: Stock markets will remain closed on Tuesday, November 10, on account of Diwali-Balipratipada.

Ceat to Apollo Tyres: Tyre makers find little grip on rising input costs

Ceat, JK Tyre, and Apollo Tyres signal further price hikes as surging rubber and crude-linked costs continue to squeeze margins

Debt drives overseas fundraising by Indian companies to 7-year high

Overseas fundraising by Indian companies has surged to a multi-year high, driven by debt issuances and RBI measures to ease foreign borrowing costs

Huang's grip on Nvidia may pose challenge to board's probe into his affair

Nvidia's board faces a governance test as an investigation into Jensen Huang raises questions about leadership, succession and the chipmaker's future

Diwali shopping expands beyond essentials as fashion, gifting gain ground

Quick-commerce platforms report rising demand for festive decor, fashion and gifting, while higher-value purchases and growing non-metro orders signal broader consumer spending

ILO working on study to map gender wage gap in India via detailed analysis

ILO study to examine India's gender wage gap, focusing on pay discrimination, workplace practices and differences in job roles and designations

Govt likely to push for use of domestic AI models in critical sectors

The government may ask critical sectors such as defence and aerospace to prioritise indigenous AI models and avoid using frontier systems developed by foreign companies

₹7,000 crore bulk-drug scheme in the works to boost value chain

New ₹7,000 crore scheme may extend incentives to existing plants, adopt a platform-based approach and boost R&D in bulk-drug manufacturing

Who is Alice Huang: Power broker or alleged 'Chinese spy' linked to Nvidia?

Nvidia's board has launched an independent probe following reports of alleged Chinese espionage targeting CEO Jensen Huang and questions over AI chip supplies through Megaspeed

Electric two-wheeler rental firms charge up for gig delivery boom

Yulu, Zypp Electric and Baaz Bikes are expanding fleets and operations as they target a growing delivery workforce seeking cheaper alternatives to petrol-powered two-wheelers.

India's fertiliser subsidy needs reform beyond digital verification

The objective should be to improve targeting without making access to an essential agricultural input conditional on the perfection of land records

The great IT reset: IT firms must embrace AI or face shrinking margins

IT services firms have to think beyond labour arbitrage and deliver more AI-led services or live with a shrinking pie of legacy tasks and lower margins