MUMBAI, 9 OCTOBER: 1. SBI Cards and Payment Services: Improving asset quality, growth remains a concern. Maintain REDUCE SBI Cards and Payment Services (SBICARD) has gradually improved its pace of card acquisitions in FY27, driving uptick in CIF growth (+7.6% YoY) in Aug-26. However, CIF market share has witnessed marginal moderation (18.5%) over July-Aug’26. Further,…
Consumer Services, Services and Healthcare continue to draw foreign capital, PL Capital’s monthly Quant study on sector-wise FPI flows shows Mumbai, October 9th, 2026: Foreign portfolio investors (FPIs) withdrew a net ₹35,861 crore from Indian equities in September 2026, against net inflows of ₹29,628 crore in August 2026, according to the latest sector-wise FPI/FII flows…
MUMBAI, 9 OCTOBER: Technology and semiconductor shares sold off after OpenAI reported annualised revenue of about $50B, roughly $20B below expectations. The report deepened doubts over debt-funded AI infrastructure spending. The Nasdaq fell 1.25% to 27,193, and the S&P 500 lost 0.47% to 7,765, while the Dow edged up 0.09% to 51,225. Oracle slid about…
જો નિફ્ટી ગુરુવારના 22,180ના નીચલા લેવલને તોડે, તો મંદીવાળા 22,000ના મનોવૈજ્ઞાનિક લેવલને અને ત્યારબાદ એપ્રિલ 2025ના નીચલા લેવલ 21,700ને લક્ષ્ય બનાવી શકે છે. ઉપરની તરફ, 22,400નું લેવલ તાત્કાલિક રેઝિસ્ટન્સ તરીકે કામ કરી શકે છે, અને ત્યારબાદ 22,600-22,700નો ઝોન રેઝિસ્ટન્સ બની શકે તેવું ટેકનિકલ એનાલિસ્ટ્સ જણાવે છે. ટેકનિકલ નિષ્ણાતો તો હવે 19500નો ટાર્ગેટ લાવ્યા છે. જોકે,…
AI આવક $3 બિલિયન ક્રોસ ₹12ના ડિવિડન્ડની જાહેરાત AI આવક $3 બિલિયનને વટાવી ગઈ; $9.6 બિલિયનના નવા ડીલ્સ મળ્યા અમદાવાદ, 8 ઓક્ટોબરઃ ટાટા કન્સલટન્સી સર્વિસિસે (TCS) જુલાઈ-સપ્ટેમ્બર ક્વાર્ટર દરમિયાન $3.1 બિલિયનની વાર્ષિક AI આવક નોંધાવી હતી, જે તેની કુલ આવકના 10 ટકાથી વધુ છે; AI-આધારિત ટ્રાન્સફોર્મેશન સેવાઓની માંગમાં સતત વધારો જોવા મળ્યો છે. આ ક્વાર્ટર…
MUMBAI, 8 OCTOBER: Flat steel producers to outperform long steel producers in Q2FY27, supported by firmer HRC prices, which increased ~3% QoQ during the quarter, limiting the usual seasonal pressure on profitability. In contrast, primary rebar prices and semis corrected versus Q1FY27 average, which may weigh on the profitability of primary long steel producers. Stainless…
Mumbai, October 08, 2026: Experian, a leading global data and technology company, today released its latest Industry Insights, highlighting steady growth momentum across India’s credit market, stronger unsecured sourcing volumes and asset quality holding steady. The report highlights that total loan sourcing value stood at Rs.20 lakh crores in Q1 FY27, growing 18% YoY, but…
MUMBAI, 8 OCTOBER: Major U.S. stock indexes retreated from their all-time highs as investors locked in gains. The Dow Jones dropped 0.66%, while both the S&P 500 and the Nasdaq Composite shed 0.22% following their record-breaking sessions. This pullback was heavily driven by heightened energy price volatility and lingering inflation anxieties. Long-term U.S. bond yields…
