Oil prices hold on to gains from US sanctions
Oil prices are stable in Asian trading. The market is awaiting the OPEC+ meeting. U.S. imposed sanctions on companies smuggling Iranian oil. U.S. crude oil stockpiles are expected to fall. Economic data is soft. China is holding a military parade. Xi Jinping, Vladimir Putin and Kim Jong Un are attending. China is challenging the U.S. […]
How will Sebi’s new intraday limits impact equity index derivatives?
Sebi is tightening intraday position limits in equity index derivatives starting October 1, aiming to curb volatility and potential market manipulation, especially on expiry days. The new framework sets a ₹5,000 crore intraday net futures-equivalent position limit in index options, down from the existing ₹1,500 crore end-of-day cap.
Jana, Ujjivan may sidestep promoter ring-fencing in universal bank shift
Experts suggest Jana SFB and Ujjivan SFB may bypass the promoter ring-fencing requirement for universal bank licenses, unlike AU SFB. Jana already has a listed holding company, while Ujjivan is fully publicly held after a reverse merger. This transition offers benefits like reduced capital adequacy and priority sector lending targets, enhancing their branding and deposit […]
Gold loans lead surge in consumption portfolio: Reports
Indian borrowers are increasingly seeking larger loans, fueled by easier retail credit access from public sector banks and NBFCs, while private banks exercise caution. Gold loans surge due to high prices, led by public sector banks in value and NBFCs in small-ticket lending. Home loans see public sector banks expanding market share with big-ticket loans.
Treasuries stabilize after debt-sale jitters and budget concerns rattle markets
Treasuries stabilized in Asian trading following corporate-debt sales and budget worries that impacted bonds and stocks. US 30-year bond yields remained near 5%, affecting tech shares, while Japan’s ultra-long bonds also declined. Investors are navigating economic data, tariffs, Fed policy, and fiscal outlooks as the S&P 500 experiences minimal gains.
How can investors effectively allocate to gold through mutual funds and ETFs?
Domestic gold prices have risen sharply, attracting new investors. Mutual funds offer an easy way to invest in gold. Investors can buy gold ETFs or gold funds. These funds eliminate storage worries and purity concerns. There are 21 gold ETFs managing significant assets. Gold has delivered strong returns over the past decade.
Is it the right time to invest in gilt funds amid rising bond yields?
Recent bond yield spikes have created a tactical entry point for investors in gilt funds, which hold long-duration government securities. Experts believe the market is currently undervalued, presenting an opportunity for capital appreciation as yields potentially decline. However, analysts caution about risks like potential fiscal deficit increases and rising inflation, which could impact bond yields.
Sugar stocks soar up to 20% as govt lifts ethanol curbs
Sugar stocks witnessed a surge following the central government’s decision to remove restrictions on ethanol production from sugarcane. This move has boosted investor confidence in sugar companies. Analysts anticipate improved profitability and a potential rise in ethanol prices. The Supreme Court’s stance on ethanol-blended petrol further supports the demand for ethanol. Rajshree Sugars and Shree […]
Gold touches record high above $3,500 amid anticipation of US interest rate cut
Gold prices briefly surged to a record high, exceeding $3,508 an ounce, driven by anticipation of US interest-rate cuts and anxieties surrounding the Federal Reserve’s future. This rally, fueled by expectations of a subdued labor market and subsequent rate reductions, has significantly boosted gold’s appeal as a haven asset.
Raamdeo Agrawal advocates for bold reforms in India amid US tariff challenges
Raamdeo Agrawal advocates for bold reforms by the government. He notes the current market dynamics of promoters selling and retail investors buying. Agrawal sees opportunities despite pricey valuations, advising investors to buy and hold for long-term growth. He cautions against the risks of investing in unlisted companies. He suggests a SIP approach for lump sum […]