Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world’s top two oil consumers, even as President Donald Trump said he expected to reach a trade deal.
European stocks recover as easing US bank jitters drive risk appetite
European shares closed higher on Monday, as initial concerns over the stability of the U.S. banking sector eased, while fresh comments from U.S. President Donald Trump helped calm trade tensions, encouraging investors to move toward riskier assets.
US stocks end sharply higher as earnings optimism fuels risk appetite
U.S. stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results revived risk appetite and investors grew less fearful about regional bank credit quality.
Midwest IPO: How to check share allotment status on BSE and Kfin Technologies as GMP holds steady
Midwest’s Rs 451 crore IPO, which saw a massive subscription of 92.36 times, will finalize its allotment on Monday. Investors can check their status on Kfin Technologies or BSE websites. The company, a leading Black Galaxy Granite producer, is expected to list on October 24 with a potential listing price around Rs 1,160.
Gold prices recover some ground after easing from record highs
Gold prices experienced a modest boost on Monday, marking a recovery from last week’s significant drop. This uptick comes on the heels of gold’s best weekly performance in months, driven primarily by geopolitical unrest and robust buying from central banks.
ICICI Bank Q2 net profit up 5% to Rs 12,359 cr on lower provisions, beats estimates
ICICI Bank’s net profit rose 5.2% to Rs 12,359 crore in Q2, exceeding market expectations due to lower provisions. Despite a predicted marginal rise in credit cost, the bank anticipates better loan growth in the second half of the fiscal year, supported by government initiatives.
Dalal Street Week Ahead: Rising VIX signals hedging; traders advised tactical approach
Nifty has broken above a key chart pattern, signalling a bullish trend. However, market breadth remains weak, and volatility has increased. This suggests caution is needed. Investors should focus on specific stocks and manage risk. Sectors like Pharma, Metal, and Auto are leading. Mid-caps may see mixed performance. Other sectors are lagging but showing improvement.
Jaiprakash Power Ventures Q2 results: Company reports net profit at Rs 182.10 crore
Jaiprakash Power Ventures reported its September quarter FY26 net profit at Rs 182.10 crore. This figure is nearly the same as the Rs 182.66 crore profit from the previous year. Total income saw an increase to Rs 1,478.49 crore. Expenses also rose to Rs 1,186.48 crore. The company is part of the Jaypee Group and operates power projects across India.
RIL profit up 16% in Q2 on better O2C, retail play
Reliance Industries has announced strong financial results for the September quarter. The company’s profit saw a significant 16% increase compared to the previous year. This growth was fueled by excellent performance across its key sectors, including oil-to-chemicals, telecom, and retail. Jio and Reliance Retail also posted impressive gains. The company is also making strides in its new energy initiatives.
JSW Infra plans Rs 5,500 crore capex push; Q2 PAT down 3.5%
JSW Infrastructure will invest ₹4,000 crore in its port operations and ₹1,500 crore in its logistics arm in FY26. This spending will support both organic and inorganic growth. The company reported a profit after tax decline of 3.5% for the June quarter. Total revenue increased by 26% year-on-year.