Microsoft’s AI strategy gains traction as Wall Street bets on cloud growth

Persistent Systems shares slide 5% despite Q2 revenue growth. Buy, sell or hold?

Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp decline in profit weighed on sentiment. Brokerages remained divided on the stock amid valuation concerns and acquisition-related costs.

Flat opening seen for Nifty, Sensex

Analysts say attention is shifting to Q2 results, inflation data, and monsoon progress

Gold gains on softer dollar, but heads for weekly fall

Among other metals, spot silver ‌rose 0.7% to $57.81 per ounce, platinum gained 1.1% to $1,642.75 and palladium climbed 1.5% to $1,143.46

Bulls fight back as Sensex stages 700-point comeback. 4 factors driving the rally

On Friday morning, benchmark indices Sensex and Nifty made a remarkable recovery after a short dip into negative territory. The IT sector continued its upward trend for the fourth consecutive session, with significant contributions from industry leaders such as Tech Mahindra and Infosys, which surged, boosting the sectoral index. While a few companies faced declines, the general market outlook remained optimistic, following a notable rise earlier in the week.

New CAS rules decoded: What Sebi’s revised framework means for stock market traders

Sebi has revised the Closing Auction Session (CAS) framework after receiving more than 20,000 comments from stakeholders. The updated rules introduce a 10-minute closing auction, restore the VWAP method for F&O expiry settlement prices and clarify order transfers. Most changes will take effect on December 7, 2026.

Ladakh is not part of China which is our spritual enemy as well: Apex Body Leh

Representatives from Ladakh condemned a recent statement by China claiming the region as part of its territory. They emphasized that Ladakh has never been part of China in recorded history. During a press conference, concerns were raised about the necessity of Indian governmental response to the Chinese assertion. The people of Ladakh expressed their support for the Indian armed forces during conflicts with China.

Ladakh is not part of China which is our spritual enemy as well: Apex Body Leh

Representatives from Ladakh condemned a recent statement by China claiming the region as part of its territory. They emphasized that Ladakh has never been part of China in recorded history. During a press conference, concerns were raised about the necessity of Indian governmental response to the Chinese assertion. The people of Ladakh expressed their support for the Indian armed forces during conflicts with China.

Crude oil price falls as IEA agrees to complete remaining oil releases

At 10.03 am on Friday, December Brent oil futures were at $105.38, down by 0.51%, and November crude oil futures on WTI were at $97.33, down by 0.65%

Global hedge funds suffer steep losses as AI trade unwinds, Asia funds hit hardest

Global hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectations of higher interest rates. Asia-focused stock pickers were hit hardest, losing 6.8% in early October, while global fundamental long-short funds fell 2.9% through October 15, according to Goldman Sachs data cited by Reuters.

MHA-Ladakh talks inconclusive, next meeting on October 22

Ladakh representatives expressed dissatisfaction with the Ministry of Home Affairs’ draft proposal after a meeting in Leh, citing a wide gap between the two sides’ positions on constitutional safeguards. They are seeking legislative, executive and financial powers, with the next meeting scheduled for October 22 in New Delhi.

MHA-Ladakh talks inconclusive, next meeting on October 22

Ladakh representatives expressed dissatisfaction with the Ministry of Home Affairs’ draft proposal after a meeting in Leh, citing a wide gap between the two sides’ positions on constitutional safeguards. They are seeking legislative, executive and financial powers, with the next meeting scheduled for October 22 in New Delhi.

‘10 mn Indians live in GCC’: India flags Middle East stakes, Seafarer safety at UNSC