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Market divide widens: Domestic investors extend lead over foreign funds; ownership gap hits 25-year peak

The divide between domestic and foreign institutional investments in Indian equities has grown to its widest in 25 years, highlighting a clear shift in market participation. As per ET, domestic institutional investors (DIIs) now hold 18.26% of all NSE-listed companies, an increase of 44 basis points in the September quarter — their highest level on…

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Oil profits surge: State refiners’ Q2 earnings jump 457% despite lower Russian imports; global margins lift gains

Profits at India’s state-run oil refiners soared in the July–September quarter even as their dependence on discounted Russian crude dropped sharply, showing that earnings were fuelled more by global price movements than by cheap Russian supplies.According to ET, the combined profit of Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL)…

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Gold & silver price prediction today: Will gold prices continue to drop? Top things to watch out for

MCX Gold has shown signs of exhaustion after its recent rally and appears to have some room for a corrective move on the downside. (AI image) Gold and silver price prediction today: Gold prices are showing signs of exhaustion, and traders should adopt a cautious approach, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama…

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Stock market today: Nifty50 above 25,650; BSE Sensex up over 300 points

Market experts indicate that the short-term market trajectory will be influenced by second-quarter financial results and global economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 went above 25,650, BSE Sensex was up over 300 points. At 9:20 AM, Nifty50 was…

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Shutdown fallout: FAA slashes air traffic by 10% across 40 US hubs; safety risk prompts drastic step

The Federal Aviation Administration (FAA) will reduce air traffic by 10% across 40 of America’s busiest markets from Friday, an unprecedented move to ensure flight safety as the ongoing government shutdown strains air traffic controllers. The announcement, made Wednesday, could affect thousands of flights daily, as the FAA manages more than 44,000 aircraft movements each…

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Market watch: Asian stocks rebound as Wall Street rally lifts sentiment; oil prices steady after recent slump

File photo (Picture credit: AP) Asian shares gained on Thursday, recovering some of the previous session’s sharp losses as investor sentiment improved following upbeat US jobs data and a rebound on Wall Street. According to news agency AFP, the rally came after figures from payrolls firm ADP showed that US private sector employment jumped more…

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