NSE reported a 23% year-on-year rise in Q2 FY27 consolidated net profit to Rs 2,578 crore, driven by higher trading volumes and transaction revenue. The exchange also approved divesting up to 40% stake in its coal exchange subsidiary. Jefferies and Emkay maintained Buy ratings, projecting further upside in NSE shares.
Ajwa Projects and Carver Roboweld are set to list on the BSE SME platform on November 4, 2026, after collectively raising Rs 66.34 crore. While Ajwa Projects’ IPO received modest subscription of 1.12 times, Carver Roboweld attracted strong investor demand, achieving an overall subscription of 25.80 times.
Japan's Nikkei index took a hit as AI-driven stocks plummeted following the aftermath of the US elections, raising alarms over potential Democratic control tightening data-centre regulations. Major players in the tech industry, such as Advantest and SoftBank Group, experienced significant drops in their stock values. Nonetheless, Fast Retailing managed to post slight gains, offering a degree of stability to the overall Nikkei performance amidst a gloomy market outlook.
In this edition of ETMarkets Smart Talk, we speak with Siddharth Chaudhary, Head – Fixed Income, Bajaj Asset Management Limited, who shares his outlook on interest rates, bond yields and liquidity, and explains how investors can navigate the changing fixed-income landscape while balancing returns, risk and liquidity needs.
At least 63 stocks with a market capitalisation of over Rs 1,000 crore have lost more than half their value since last Diwali, with some plunging 60-95% amid a broad-based selloff across sectors. Elitecon International was the worst performer, tumbling 96%, followed by Reliance Infrastructure, Kothari Industrial Corporation and Fischer Medical Ventures.
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.
As Indian shares experienced four days of upward movement, a decline is now expected as market participants turn their eyes towards the US midterm elections. The results could play a pivotal role in shaping energy prices and foreign investor activity. Recently, foreign investors have shown confidence in Indian shares, enhancing market performance. Meanwhile, geopolitical tensions over Brent crude oil continue to loom, making post-election stock movements critical for investors.
On the MCX, gold prices ended flat, while silver gained momentum to close higher. As for international prices, spot gold dipped 0.3% to $3,948.75 per ounce, while US gold futures for December delivery gained 0.1% to $3,943.20. Spot silver fell 0.2% to $49.67 per ounce.
MF Performance
Major Indices
