Alfa raises delisting price to Rs 2,850 a share

Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy’s foreign ownership falling below 50% and optimism around quick commerce. Analysts remain positive on Eternal’s long-term prospects, while maintaining a more cautious stance on Swiggy amid intensifying competition in the fast-growing quick commerce market.

Gold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors are now keenly awaiting crucial nonfarm payroll figures later today for further direction on the Federal Reserve’s monetary policy. This economic outlook is shaping near-term movements in the precious metals market.

With a significant chunk of Indian household savings going into homes, many of the elderly are asset rich but income poor. Reverse mortgages can turn home equity into cash flow. While the idea never took off in India, its potential is enormous. Let’s make a go of it.