News & analysis
Headlines across stocks, business, finance, forex and crypto.
Brokerages pick old-economy and bank stocks for Samvat 2083
Brokerages favour old-economy and BFSI stocks for Samvat 2083 Deepavali picks; financials rallied as Democrats won the US midterms.

Sebi Clears Mahanadi Coalfields IPO of Up to 661.8 Million Shares
Sebi cleared Mahanadi Coalfields' IPO on November 4; Coal India will sell up to 661.8 million shares in an offer worth as much as $1 billion.

FII vs DII this week (2–6 Nov): FIIs net buyers of ₹45,960 crore
Over 5 sessions to 6 November, FIIs were net buyers of ₹45,960 crore in the cash market and DIIs net sellers of ₹24,197 crore, NSE provisional data s…

PhysicsWallah Q2 profit doubles; Motilal keeps ₹200 target
PhysicsWallah Q2 FY27 net profit more than doubled to ₹143.63 crore; Motilal Oswal held its Buy rating with a ₹200 target price.

Chip Stocks Sink, Nasdaq Falls 5.5% in Worst Day Since April 2025
Nvidia lost almost $450 billion in market capitalization on Thursday as chipmakers led a broad selloff that pushed the Nasdaq down 5.5%, its steepest…

Gold climbs to two-week high near $4,124 after US midterm results
Gold reached its highest level in over two weeks on Thursday, with spot metal rising 1.6% to $4,123.71 per ounce by 0609 GMT after touching its stron…

Stocks Climb, Dollar Hits One-Month Low as Democrats Sweep Midterms
US stocks climbed and the dollar hit a one-month low after Democrats won both chambers of Congress in the 2026 midterms, per The Guardian and CNBC.

Google Extends Buyouts to Five More Countries as AI Capex Tops $51B
Google offered voluntary buyouts to staff in Canada, France, Germany, Japan and Switzerland from June 2026, as AI capex hit $51.4B in Q3.

Bank of England lifts Bank Rate to 4% in first hike since 2023
The Bank of England lifted its key interest rate by a quarter point to 4% on Thursday, its first increase in more than three years, as policymakers m…

Trump loses Congress as midterms reshape global economy outlook
Democrats won both chambers of Congress in the US midterms. Here's what a weakened Trump presidency means for stocks, inflation, rates and growth.

Bhutan creates Gelephu central bank cleared to hold crypto
Bhutan's King signed a decree creating the Gelephu Central Bank, which may hold crypto in reserves alongside foreign exchange and gold.

S&P 500 Rose After All 11 Midterms Since 1982, CNBC Finds
The S&P 500 has finished higher after every midterm election from 1982 through 2022, and averaged a 13.7% gain in the year that followed, according t…

Bhatia Communications closes 5% up at ₹38 on Q2 profit jump, dividend
Shares of Bhatia Communications & Retail (India) Ltd ended Tuesday's session at ₹38, about 5% above the previous close of ₹36.27, after the Surat-bas…

Marvell to buy Lumentum in $115 billion AI connectivity deal
Marvell agreed to buy Lumentum in a $115 billion all-stock deal, the largest merger of two public companies, with closing targeted for early 2028.

Reliance, Jio in Focus as Q2 Results Drive Monday Trade
Indian stocks are set for a gap-up open on Nov 2 as Q2 results from Reliance, Jio Platforms, NTPC and ITC drive focus; GIFT Nifty signals gains.

Midterm Elections Could Reshape Scrutiny of Crypto, Defence and AI
Midterm elections could shift scrutiny and spending leverage over defence, healthcare, crypto, banks and AI, with markets and Bitcoin positioning in…

GMO Says Own Security Unit Flagged Flaw Before FX Server Hack
GMO founder Masatoshi Kumagai says an internal 2024 flaw report never reached management; four executives take pay cuts as the FX server service stay…

Varun Beverages shares rise 1.61% as brokers cut target prices
Varun Beverages shares were up 1.61%, or ₹6.30, at ₹398.30 by 11.40 AM on Monday, according to BusinessLine. The PepsiCo bottler's stock had touched…

NIIT Learning Buys Bluewater for Up to $17.6 Million
NIIT Learning buys Bluewater Learning for up to $17.6M, NBCC sells Sarojini Nagar flats for ₹5,191 crore, and IDBI Bank enters a second disinvestment…

Nine desks cut 68,000 BTC of Bitcoin ETF holdings, Galaxy finds
Galaxy Research data shows nine desks cut 68,000 BTC of spot Bitcoin ETF exposure as the CME cash-and-carry trade narrowed.

