Category : Banking


Gold, Silver Prices Fall 2% as Rally Pauses, Outlook Positive

Gold and silver prices declined sharply on Tuesday, ending a two-day rally, with spot gold down 0.70% and silver falling 1.94%. Despite the drop, analysts cite strong fundamentals like central bank purchases and geopolitical tensions for a rebound.

MFs Halve Ownership Gap with FIIs in NSE Firms to 5.5%

Domestic mutual funds have dramatically narrowed their shareholding gap with foreign institutional investors in NSE-listed companies, reducing it from 10.51% to 5.5% between December 2022 and December 2025. This shift is driven by robust retail inflows th

PSBs Post Record Rs 52,603 Crore Profit in Q3 FY26

India's public sector banks achieved a record cumulative profit of Rs 52,603 crore in Q3 FY26, marking an 18% year-on-year increase. State Bank of India led the surge with a 24% profit rise, contributing 40% of total earnings.

Rupee Falls 9 Paise to 90.74 vs Dollar in Volatile Trade

The Indian rupee depreciated by 9 paise to close at 90.74 against the US dollar on February 9, 2026. Forex traders reported high volatility as positive domestic equities and foreign fund inflows were offset by investor risk-off sentiment.

Grover Jewells IPO Allotment Date Expected Today

The SME IPO of Grover Jewells Ltd concluded with strong demand. Investors await the allotment status, expected on February 9, with shares listing on NSE SME on February 11. Here's how to check your status.

AI Fears Trigger IT Stock Crash, Billions Wiped Out

Nifty IT index plunges 8% in three sessions, losing Rs 2.5 lakh crore as AI tools from Anthropic and Palantir threaten traditional outsourcing models. Analysts warn of up to 12% revenue hit over three to four years.

Silverline Tech Hits 10th Upper Circuit on AI Buzz

Silverline Technologies share price locked at 5% upper circuit for the tenth straight session, surging over 62% in ten days amid strong buying. The AI platform 'SilverAI' gains traction with 24,000 users in a week, targeting 5 lakh users and annual revenu

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