Hindustan Copper shares rally over 6% on surge in global copper prices
Hindustan Copper shares surged sharply after global copper prices spiked due to a production halt at Grasberg, the world’s second-largest copper mine in Indonesia. The mine suspension, caused by a fatal mudflow, tightened global supply and pushed copper futures to 15-month highs.
Ivalue Infosolutions shares list at 5% discount to IPO price on exchanges
Ivalue Infosolutions, an enterprise technology services provider, experienced a discounted listing on the NSE and BSE, debuting at Rs 284.95 against an IPO price of Rs 299. The Rs 560-crore IPO, an offer-for-sale, was subscribed 1.82 times, with tepid grey market activity preceding the listing.
Markets stuck in narrow range despite optimism: Dipan Mehta
Indian equity markets are navigating a sideways trend due to valuation concerns and liquidity dynamics, according to Dipan Mehta. Continuous mutual fund inflows are preventing corrections, while fundamentals are hindering strong rallies. GST cuts are expected to boost consumer lending, benefiting banks and NBFCs through increased demand for high-ticket items on EMI.
ETMarkets Smart Talk| H-1B visa concerns sentimentally negative, but no need to panic: Axis Securities’ Neeraj Chadawar
Axis Securities’ Neeraj Chadawar suggests the H-1B visa changes pose a sentimental, not structural, challenge for Indian IT. While short-term consolidation is expected, companies’ adaptability and diversification efforts mitigate major risks. Investors should strategically adjust IT allocations, focusing on domestically-oriented sectors poised for growth due to the government’s shift towards consumption-driven policies.
Nifty poised for breakout rally? BNP Paribas’ Kunal Vora decodes FIIs, earnings and consumption bets
After India’s equity market underperformed in 2025 due to factors like domestic slowdown and FII selling, optimism is cautiously returning. Policy support, improved liquidity, and tax cuts are expected to boost consumption and corporate earnings. While valuations remain a concern, particularly in mid and small-caps, autos and private banks are favored sectors for potential growth.
US equities end lower as valuation concerns creep in
U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market awaits key inflation data, while sectors showed mixed performance, with materials declining and energy rising. Company news included a surge for Lithium Americas and a drop for Micron Technology, influencing overall market sentiment.
Bonds languish as market awaits borrowing plan, MPC review
Mumbai bond market awaits the government’s borrowing calendar. Traders are cautious before the monetary policy review. They anticipate details on the Centre’s H2 borrowing. The market expects changes in long-term bond issuance. RBI’s reallocation strategy is also under scrutiny. Experts suggest measures to address yield curve distortions. The focus is on rebalancing the borrowing calendar.
Pharma, healthcare firms eye Rs 13,000-cr IPO wave over 9 months
Indian pharmaceutical and healthcare firms are set for a significant fundraising push, aiming to garner ₹12,000-13,000 crore through IPOs in the coming months. Approximately fifteen companies are expected to enter the primary market, with fertility and women’s health segments particularly in focus.
Asian stocks in tight range as global rally stalls
Asian stocks showed mixed performance following Wall Street’s losses, as an AI-driven rally showed signs of fatigue. Investors are closely watching policy risks, including US investigations into imports and concerns over visa issues affecting Korean investments. Attention is now shifting to upcoming economic data and potential impacts on market direction as October approaches.
Are constant maturity index funds a better bet than short-term bank deposits?
Several mutual funds, including Axis and HDFC, now offer constant maturity index funds tracking the CRISIL-IBX Financial Services 3-6 Month Debt Index, presenting an alternative to short-term bank deposits. These funds invest in short-term debt instruments issued by financial institutions, offering indicative yields of 6-6.4%, significantly higher than typical bank deposit rates.