Piramal Enterprises Ltd. touched a new 52‑week high of Rs 1,335.20 today, continuing a sharp rally. As of 10:35 AM IST, the stock was trading at Rs 1,332.00, up 2.99 per cent for the day. This comes on the heels of a 14.98 per cent gain over the past three trading sessions, outperforming its NBFC…
India’s booming derivatives market, now the largest in the world by volume, is facing a major reckoning. The Securities and Exchange Board of India (SEBI) has initiated action against US-based trading giant Jane Street, exposing what appears to be Rs 25,000 crore worth of market manipulation, largely in Bank Nifty index options. What started as…
Indian benchmark indices will likely open positively on Tuesday, tracking a GIFT Nifty futures that rose by nearly 100 points and steady global cues. Despite some geopolitical jitters and a weak performance on Monday, expectations for a dovish RBI policy and robust domestic macros are likely to lend support. Global market As of 7:00 am,…
In conversation with Zee Business Managing Editor Anil Singhvi, independent market expert Mehraboon Irani shared his views on what investors should do amid the current market volatility and emerging trends. What should investors do after the recent 10% rally? According to Irani, after a 10 per cent rally from recent lows, the market is currently…
Anand Rathi Wealth’s Feroze Azeez sees Nifty potentially scaling 26,000–28,000 in FY25–26, supported by cash-driven rallies and stable FII short data. Speaking to Zee Business, clarified that only 3 per cent of recent market momentum was due to short covering — a sign of healthier underlying buying interest. He emphasized, “Cash-led rallies are more stable.”…
Indian equities in Wednesday’s trade (May 14, 2025) traded with optimism as retail inflation cooled off to the lowest and came in at a 6-year low. At the last count, at around 10:29 am- Sensex was up over 457 points at 81,605 points, while the Nifty50 was up 0.64 per cent at 24,736. Meanwhile, broader…