Budget 2026: Will markets see a pre-Budget rally? Don’t expect broad-based buying, say analysts

Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said. Finance Minister Nirmala Sitharaman will be presenting Union Budget 2026 on February 1. Investors are looking forward to a rally ahead…

Gold trades near record highs on US rate cut bets; silver at 14-year high

Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05   The US dollar was trading near its lowest since July 28 against rivals, making greenback-priced bullion cheaper for overseas buyers. Gold hit a more than four-month high on Monday to…

Swiggy Q3 results: Net loss widens to Rs 799 crore; revenue jumps 31%

Swiggy Q3: Consolidated net loss widened to Rs 799.08 during the December 2024 quarter (Q3 FY25) as against Rs 574.38 crore in the year-ago period.   Swiggy Ltd, online food and delivery platform, on Wednesday posted a wider consolidated net loss of Rs 799.08 during the December 2024 quarter (Q3 FY25) as against Rs 574.38…