Trade Setup for October 6: Nifty upmove likely to be tested in IPO-heavy week

The two-day upmove witnessed by the Nifty 50 index, across Wednesday and Friday, is set to be tested as an IPO-heavy week begins, as does the earnings season for the quarter gone by. Even though the Nifty only traded in

India-Turkey conflict: Can gold price touch ₹1.25 lakh by Diwali on rising geopolitical tension?

Gold rate today: Gold prices have witnessed a significant rally in last couple of years, surged nearly 50 per cent in just one year, outperforming Nifty index and other major indices. This parabolic rally has been driven by multiple factors,

FPIs offload equities worth Rs 23,885 cr in Sep

Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around $2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore ($17.6 billion). Illustration: Dominic Xavier/Rediff This marks the third consecutive month of

Marico Q2 volume growth likely to be in high single digit

Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. Photograph: Courtesy, Marico However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges. The domestic business of

Analysts place higher bets on gold despite silver’s outperformance

As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter’s outperformance this year. Photograph: Arnd Wiegmann/Reuters In the current calendar year (CY25), spot gold prices in

H1B Visa Fee Shock Puts IT Firms In Bind

In the medium term, corporates and vendors could move away from visa dependency, shift more work offshore and share higher cost burdens with clients. Illustration: Dominic Xavier/Rediff   On September 19, the executive US presidential order to impose a one-time

ESAF SFB Q2 Update: Deposits up 6% at ₹22,894 crore; secured advances jump 62%

Thrissur-based lender ESAF Small Finance Bank Ltd on Saturday (October 4) reported a 5.93% year-on-year (YoY) growth in total deposits, reaching ₹22,894 crore as of September 30, 2025. CASA deposits rose 13.67% YoY to ₹6,046 crore during the same period.

Japans Nikkei seen hitting new highs as yen, bonds sputter on Takaichi victory

Japan yield curve expected to steepen on Takaichi victory Tokyo shares likely to rise, yen to fall Takaichi’s mandate seen influencing BOJ’s rate-hike policy TOKYO, Oct 4 (Reuters) – Japanese shares are expected to keep setting records even as the

‘We Must Aim For 100,000 Defence Startups’

‘India has the capital to invest in defence production.’‘With clear timelines and commitments, private industry can deliver surge capacity effectively.’ Photograph: Kind courtesy Kalyani Strategic Systems “With rapidly evolving technology, a seven-year procurement cycle risks acquiring outdated systems. For critical

NRIs can now invest in corp debt from special rupee vostro accounts

The Reserve Bank on Friday allowed persons residing outside the country to invest in corporate debt securities through Special Rupee Vostro Accounts. Illustration: Uttam Ghosh Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in