Market Commentary and Macro Trends

MUMBAI, 9 OCTOBER: Precious Metals: Precious metals traded on a mixed note across global and domestic markets, with gold holding firm while silver faced tactical profit-booking. COMEX Gold (Dec-26) rose 0.40% to $4,157/oz, lifting MCX Gold by 0.30% to Rs1,49,610/10g, supported by safe-haven demand. In contrast, COMEX Silver declined 1.40% to $59.42/oz, dragging MCX Silver…

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HDFC Securities presents Company Update: BUY Honasa Consumer, Home First Finance and redusce SBI CARD

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,…

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TCS: RATING BUY | CMP INR 2076 | TP INR 2390: BY PL CAPITAL

Q2FY27 Result Update Balancing growth at the cost of margins Margins impacted by continued investments Annualised AI revenue at USD 3.1 bn, up 19.2% QoQ report on TCS by PL Capital MUMBAI, 9 OCTOBER: TCS reported 0.5% QoQ CC rev. growth, largely in line with our est. of 0.4% and consensus est. of 0.6%, with…

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Morning Commentary: OpenAI Revenue Shortfall Hits AI and Chip Stocks

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…

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માર્કેટ લેન્સઃ ગિફ્ટ નિફ્ટી 112 પોન્ટ પ્લસ, પરંતુ નિફ્ટીમાં શરૂઆતી સુધારો છેતરામણો હોઇ શકે

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,…

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TCS Q2 પરિણામો: ચોખ્ખો નફો 4% વધી ₹13884 કરોડ

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…

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Vivriti Asset Management Marks Successful Exit of Vintage II funds, ₹3,400 crore returned since inception

Three performing credit funds under Vintage II raised ₹1,700+ crore and deployed capital across 45+ portfolio companies With this, VAM has now returned more than ₹3,400 crore of capital and income back to investors across two fund vintages Mumbai, October 08, 2026: Vivriti Asset Management (VAM), one of India’s leading private credit asset managers, announced…

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India’s Retail Credit Market Continues to Expand Amid Stronger Portfolio Performance: Experian Insights

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…

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