Business & Finance News

Investors who subscribed to the Jio Platforms IPO are awaiting the allotment status, which is expected to be announced today. The Rs 30,213-crore public issue received a strong response, with overall subscription reaching 22.19 times, and investors are now looking ahead to the company’s stock market debut.The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other online platforms.

MUMBAI: A study by RBI has found that interest rates adjust upward more completely during a tightening phase than they do downward during an easing phase.According to the study, published in RBI Bulletin, banks passed on 76.4% of the repo rate increase through contract repricing, with lending rates rising by 191 basis points following a 250-basis-point hike between March 2022 and Jan 2025.During the easing phase between Feb 2025 and March 2026, they passed on only 64% of the rate reduction, with lending rates

Apollo Micro Systems shares jumped nearly 10% on Monday, 26 October, after the defence electronics company reported its Q2 and H1 FY27 results, posting strong year-on-year growth in revenue, EBITDA and profit after tax (PAT).The company reported revenue of ₹388.15 crore in Q2 FY27, up 72.3% from a year earlier. EBITDA rose 87.8% to ₹111.18 crore, while PAT increased 53.7% to ₹46.15 crore.For the first half of FY27, revenue grew 78.2% year-on-year to ₹639.44 crore.

Bharat Coking Coal shares surged over 6% in intraday trade on the BSE on Monday, 26 October, looking set to snap their six-session losing streak. Bharat Coking Coal share price opened at ₹31.36 against its previous close of ₹29.78 and jumped 6.5% to an intraday high of ₹31.73.Why are Bharat Coking Coal shares rising? The stock jumped following the announcement of Q2FY27 results.

Banks in many states will be closed today, on Monday, October 26, due to Valmiki Jayanti 2026. Therefore, bank customers should schedule their branch visits accordingly. For the majority of regular transactions, consumers in such regions can still use online banking, mobile banking apps, and the Unified Payments Interface (UPI).

Sensex and Nifty opened red on Monday as elevated crude oil prices and their inflationary impact weigh on sentiment, while investors awaited the US Federal Reserve's policy decision later this week.GIFT Nifty futures stood at 22,608 at 7:46 am, signalling a muted start for the benchmark Nifty 50, which closed at 22,600 on Friday, according to figures cited in a Reuters report.The Nifty 50 and BSE Sensex fell 2.4% and 2.2%, respectively, last week, declining in all four trading sessions as oil prices surged and

The rupee traded in a narrow range and fell 5 paise to 94.98 against the US dollar in early trade on Monday, weighed down by elevated crude oil prices and geopolitical tensions in the Middle East.Forex traders said the rupee opened on a negative note on risk aversion in global markets amid escalation of tensions in the West Asia.

L2 Capital , a Hong Kong-based technology investment firm, has signed on as a founding partner of Newton Labs ‘ tokenization platform, targeting $500 million in tokenized pre-IPO and late-stage technology holdings within 24 months of the platform’s launch. The partnership is one of the more substantive announced applications of real-world asset tokenization to private-market equity, a segment where operational friction and compliance complexity have historically kept institutional experimentation limited.

Sensex Today | Stock Market LIVE Updates, Friday, Oct 26, 2026: The GIFT Nifty indicated that the Nifty 50 will open on a negative note, mirroring weakness in the Asian and US market. Oil prices cooled over 1 per cent but continued to remain elevated at $115 per barrel. The GIFT Nifty was quoted at 22,601.5, down 6.5 points. Asian markets were trading largely lower as oil prices remained inflated amid tensions in West Asia.

Five IPOs to open next week; companies eye close to ₹2,600 crore left Representational image. Getty Images/iStockphoto Getty Images/iStockphoto https://th-i.thgim.com/public/news/national/buxvd2/article71622968.ece/alternates/FREE_1200/iStock-2282191544.jpg imaginima Futuristic wireframe rockets launching from a dark digital landscape, some rising ahead of others. Startup growth, pre-IPO technology companies, AI innovation, venture capital and digital transformation concept.

Sichuan Kelun-Biotech Biopharmaceutical has logged a very large 3 year share gain. With the stock now around HK$460.4, the question for you is whether that price can still be grounded in the company's sales rather than just excitement around its drug pipeline.

Canon Marketing Japan has had a powerful run in recent years, which naturally puts the current share price under the microscope. The key issue for anyone looking at the stock today is whether that price can be explained by the cash flows the business is expected to generate.

Ares Management heads into its October 29 earnings report with analyst estimates sliding for three straight months and shares sitting near a 52-week low, yet the firm is sitting on a massive pool of capital that has not started generating fees.

Viking Therapeutics (NASDAQ:VKTX | VKTX Price Prediction) reports third-quarter results on October 28, 2026. Shares fell 41.42% over the past month, so management has to make the case for its newly launched oral VK2735 Phase 3 program on this call.

Litecoin was founded by former Google employee, Charlie Lee, in 2011. The cryptocurrency operates as a "lite version of Bitcoin." Litecoin is a digital currency that is built to provide fast, secure and low-cost digital payments. Although it has a ...

Accel trimmed its stake in Zetwerk's ₹5,012 crore IPO in Bengaluru on October 25, 2026. The venture capital firm remains bullish on its remaining holding in the manufacturing platform. Accel had previously rejected the founders' initial software idea in late 2018 before investing after a model change.

Ninety-eight power plants in India reported critical coal stock levels on October 25, 2026. These inventories cover only 6.3 days of operations, falling short of the 19-20 day normative requirement. Nandini Keshari notes that supply reliability concerns are rising as electricity demand surges despite government efforts to ramp up supplies.

Senco Gold Ltd signed agreements on Sunday to acquire a 68 per cent stake in August Jewellery Pvt Ltd for Rs 68 crore. The company expects to complete the investment in multiple tranches by February 2027. Including a promoter group entity, the total holding will reach 79 per cent to make the Melorra brand operator a subsidiary. Fresh equity issuance will fund growth, expansion, and the discharge of existing liabilities.

Analysts expect gold and silver to face headwinds next week as crude oil prices rise. Jateen Trivedi of LKP Securities noted MCX gold futures fell nearly 4 per cent to Rs 1.42 lakh per 10 grams, while silver dropped 7.14 per cent to Rs 1.96 lakh per kg. Pranav Mer of JM Financial Services Ltd linked the pressure to Brent crude settling above USD 117 per barrel and the Federal Reserve's October 27-28 meeting.