Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Samsung strengthens enterprise push with AI-powered Business Experience Studio in Gurugram
Samsung has launched a new Business Experience Studio in Gurugram. This center demonstrates AI-powered solutions for industries like retail, banking, and healthcare. The initiative supports India's digital transformation. Samsung aims to bring these intelligent, connected business environments to more cities. The studio also serves as a hub for creating customized solutions with partners.
Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 7 May in Delhi, Mumbai and Kolkata
MCX gold and silver prices rose on 7 May amid hopes of a US-Iran peace deal and easing crude oil prices. Check the latest 24K, 22K gold and 999 silver rates in Delhi, Mumbai, Kolkata, Chennai and other major Indian cities.
Bonus Share Alert: Real estate stock, up 200% in five years, to reward 1.5 lakh retail shareholders
This will be the first instance that Brigade will be issuing bonus shares for its shareholders in the last seven years. The last time it did so was back in 2019.
Individual investors sold Rs 13,000 crore worth stocks, but Zerodha clients kept buying: Nithin Kamath
Retail investors sold equities, but Zerodha clients bought heavily, highlighting divergence. Overall, direct retail ownership declined while mutual fund holdings hit record highs, reflecting a structural shift toward professionally managed investments and rising domestic institutional dominance in Indian equity markets
Goldiam International launches India's first Digital 3D Ring Builder
The 3D Ring Builder marks a significant leap in the country's jewellery retail experience, allowing Origem's shoppers to choose from 6 ring styles, 9 centre-stone shapes, 6 center stone sizes in each shape, side-stone configuration, metal (10/14K white, yellow or rose gold) and engraving with every change rendered instantly on a photorealistic 3D model that can be rotated, zoomed and viewed from any angle on a desktop, tablet or smartphone.
Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 6 May in Delhi, Mumbai and Kolkata
MCX gold June futures rose by nearly ₹2,000, or more than 1.1%, today, to ₹1,51,810 per 10 grams, whereas MCX silver July futures jumped by ₹6,309, or nearly 3%, to ₹2,50,924 per kg in early deals on Wednesday.
Angel One shares in focus after client acquisition drops but market share rises in April
Angel One's retail turnover market share was at 20.5%, up 75 basis points from the previous month and 89 basis points from the year-ago period.
A ₹15,000-crore wipeout: how Xiaomi lost India’s smartphone race to Vivo, Samsung and Apple
Once India’s top smartphone brand, Xiaomi has slipped out of the top five as rivals dominate a market reshaped by premiumization, retail expansion,and shifting consumer demand.
PNB Q4 net profit rises 14% YoY to ₹5,225 crore; targets ₹2 lakh crore digital book in FY27
Punjab National Bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing ₹1 lakh crore in digital sanctions. The bank reported a 14% profit jump for the fourth quarter of FY26. PNB anticipates further growth in retail term deposits and aims for a 12-13% credit growth in FY27. Digital transactions now exceed 95% of total transactions.
J&K Bank profit jumps 36% as asset quality and growth improve
Jammu & Kashmir Bank reported a 36% rise in Q4 profit with improved asset quality and higher operating profit. Annual profit hit a record high, while advances and deposits grew steadily, supported by focus on retail, MSME and agriculture lending.
Auto sales jump 13% to 2.61 million units on strong demand tailwinds
Vehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle categories. Strong rural demand, GST benefits, and lower interest rates fueled this growth. Industry experts anticipate this positive trend to continue. The automotive retail sector has started the new financial year on a robust note.
No systemic risk to BFSI sector; may see short-term slowdown in loan growth: Deepak Parekh
Industry veteran Deepak Parekh stated the banking and financial services sector is not facing major systemic risks from global geopolitical uncertainties. He anticipates a short-term slowdown in loan growth. Real estate investment trusts are growing in India. Insurance penetration remains low. Deposit mobilization has moderated as retail investors favor mutual funds. Artificial intelligence's impact on finance is still evolving.