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Sensex rises 130 points, Nifty falls below 22,700 amid cooling oil, rising bond yields. What lies ahead?
Indian shares traded mixed as easing oil prices supported sentiment, while surging US bond yields kept investors cautious. Sensex gained around 130 points, while Nifty slipped below 22,700 amid weak global cues.
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Blue Cloud Softech Launches BluEdge to Tap the $254 Billion AI Inference Market
Artificial intelligence is no longer just a demo, it’s a part of everyday operations. Models are now being used in hospitals, police control rooms, factories and city command centers that have to respond in real time. And as that dependency grows, so does an awkward question about who owns the hardware, the cloud and the…
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Hotmail’s Sabeer Bhatia reiterates his support for 55% inheritance tax, says it will ‘primarily affect super-wealthy’
Sabeer Bhatia backed his proposed inheritance tax, saying it would only hit the top 2-3% of the super-wealthy who control disproportionate assets, leaving 97-98% unaffected.
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Molbio Diagnostics Jumps 9% After Jefferies’ Target: Can TrueNat, OptraScan and Operating Leverage Sustain the Growth Story?
Shares of Molbio Diagnostics Ltd. jumped nearly 9% after Jefferies maintained coverage with a ₹1,600 target, putting the spotlight back on its post-IPO growth story. This article examines whether TrueNat’s expansion, rising capacity utilization, operating leverage, and newer platforms such as OptraScan and Prorad can sustain the earnings growth projected by the brokerage. Molbio Diagnostics…
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Avalon Tech shares fall 6% after Rs 883 crore block deal; 3 promoter entities likely sellers
Avalon Technologies shares sharply on Wednesday after an Rs 883 crore block deal involving 6.06% of the company’s equity. Three promoter entities were reported to be the likely sellers. The transaction is estimated to be worth between Rs 861.9 crore and Rs 922 crore.
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KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.
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STL Networks Emerges as L1 Bidder for ₹250 Crore RailTel Cloud Infrastructure Project
The company provides digital infrastructure and technology solutions, with capabilities across data centres, cloud infrastructure, networking and related IT services. The company focuses on delivering technology infrastructure for enterprises and government organisations. The shares of STL Networks are currently trading at Rs. 51.46 , up by 4.04%. The company has a market capitalization of Rs.…
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Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600 target price, implying 27% upside from Tuesday’s close and nearly 98% above its Rs 807 IPO price. The stock had listed at a 21% premium at Rs 980.
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Mahindra Manulife Mutual Fund debuts in SIF segment with an equity long-short fund
Mahindra Manulife Mutual Fund has launched the MSIF Equity Long-Short Fund under its specialised investment fund platform. The fund, aiming for long-term capital appreciation, will invest in listed equities while employing short positions through derivatives.
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8th Pay Commission: Shamli pensioners’ 12 demands include coverage for retirees before 1 Jan 2026
8th Pay Commission: Pensioners in Uttar Pradesh have sought inclusion of those who retired before 1 January 2026, along with a pension revision, 18 months of DA/DR arrears, restoration of the old pension system and other benefits.