The Multi Commodity Exchange of India (MCX) has revised its Good Delivery norms for BIS-standard gold and silver to pave the way for domestic silver refiners to deliver silver through the exchange platform. In a circular issued on May 17, MCX said it has revised eligibility criteria and empanelment procedures for domestic silver refiners under…
Telecom gear maker HFCL has bagged an order of $11.07 million (about ₹106 crore) for the supply of optical fibre cables overseas, a company filing said on Sunday. By PTI May 17, 2026, 8:29:58 PM IST (Published) 1 Min Read Telecom gear maker HFCL has bagged an order of $11.07 million (about ₹106 crore) for the…
Mid and Small Cap Stocks to Hold: In a volatile market with rising oil prices, inflation concerns, and global uncertainty, selling stocks may feel like the safest option. But for long-term investors, the bigger challenge may not be finding good stocks — it may be holding on to them when sentiment turns negative. A recent…
Asian shares gained post a surge in US tech shares pushing Wall Street to a fresh record overnight. Chinese equities, which were trading at their highest since 2021, were set for a 1% rise, on the back of the summit between Xi Jinping and US President Donald Trump in Beijing. A gauge of regional stocks…
It turned out to be an action-packed week for the markets. The week began on a cautious note following the weekend remarks by Prime Minister Narendra Modi. After witnessing weakness during the first two sessions, the markets staged a recovery over the following two days. Friday, however, remained largely range-bound, with the rebound seen over…
Tata Steel delivered a strong performance in the fourth quarter, with consolidated adjusted EBITDA rising to Rs 99.5 billion, marking a 20 per cent quarter-on-quarter increase. The figure came in around 5 per cent higher than both market expectations and brokerage estimates, largely supported by stronger steel realizations and a 6.2 per cent sequential rise…
The US-Iran conflict, FII flows and crude oil prices will be the major drivers for Dalal Street this week, with inflation adding to investor anxiety, PTI reported quoting analysts. Besides, the rupee’s movement, which crashed below the 96 mark against the US dollar last week, would also influence trading sentiment. “Participants will closely monitor developments…
Centrum has downgraded Steel Authority of India Ltd (SAIL) to “Sell” from “Neutral” and raised the target price to Rs 160 from Rs 140, citing weaker risk-reward despite a stronger-than-expected Q4FY26 earnings performance. Shares of SAIL closed at Rs 192.35 per share on Friday, May 15. SAIL reported a mixed March quarter, with revenue broadly…
HAL Share Price Target: State-run defence major Hindustan Aeronautics Limited (HAL) has received a ‘Buy’ recommendation from analysts, with an upside potential of nearly 18 per cent. While the company reported largely flat revenue growth in the March quarter due to delays in Light Combat Aircraft (LCA) deliveries, its long-term outlook remains optimistic, backed by…
Alibaba Group and Tencent Holdings delivered mixed quarterly results as China’s two biggest technology firms intensified their push into artificial intelligence, underscoring the growing pressure on major internet companies to convert soaring AI investments into sustainable revenue growth. Alibaba’s US-listed shares surged more than 8% after Chief Executive Officer Eddie Wu told analysts the company…
