Gold hovers near record high on dollar weakness, rate-cut bets
Gold prices rose on Monday, hovering near an all-time high, fueled by a weaker U.S. dollar and growing expectations for Federal Reserve interest rate cuts later this year. Traders are currently pricing in a 90% chance of a Fed cut in October. This surge occurred despite weakening physical demand in China, while other Asian hubs […]
Sept-end listing deadline looms large for Tata Sons
India’s central bank has set a September 30 deadline for Tata Sons, the holding company of the Tata Group, to list publicly. Classified as an upper-layer shadow bank, Tata Sons faces this mandate under new RBI regulations for large NBFCs. The group, however, argues it’s not ready and has sought deregistration, creating a significant regulatory […]
Asian shares cautious as US government faces shutdown risk
Asian markets opened cautiously Monday as investors eyed a potential U.S. government shutdown, which could delay key economic data and marginally impact the Fed’s October rate cut decision. Despite this, S&P 500 futures rose, while gold neared a record high and oil prices slipped on increased supply.
Legacy microloan stress still a worry for small finance banks
Microfinance business is significantly impacting small finance banks like ESAF, Suryoday, and Utkarsh, with nearly a fifth of their microloan books under severe stress. This deterioration in asset quality, driven by high unsecured microloans, is weighing heavily on their profitability and has led to rating downgrades and losses for some.
Centre’s borrowing calendar bodes well for bond market, eyes now on states’ plan
The Centre will borrow ₹6.77 lakh crore in the October 2025-March 2026 period, slightly lower than ₹6.82 lakh crore indicated earlier, as per the details released on Friday.
Will India-US tariff deal spark the next rally on Dalal Street?
Indian equities face continued underperformance, trailing global peers due to earnings disappointment and significant overseas exits. While corporate earnings revival is anticipated only by FY27, a resolution to the India-US tariff dispute is seen as the immediate trigger to push Sensex and Nifty towards new all-time highs.
Two-thirds of Nifty 500 stocks trade below last year’s levels
Indian equities faced a downturn since September 2024. The Nifty 50 is 1,623 points short of its peak. Two-thirds of Nifty 500 stocks are below year-ago levels. A study revealed widespread losses among listed stocks. Bitcoin surged 79 percent. Gold and silver rallied over 51 percent. These alternative assets far outpaced Indian stock market performance.
IndusInd Bank directors got an earnings boost in FY25 post-derivatives crisis
Chairman Sunil Mehta earned Rs 96.25 lakh in sitting fees during FY25, more than doubling from Rs 47.95 lakh in the year before. This payout is in addition to Mehta’s Rs 30-lakh fixed annual remuneration, which remained unchanged, showed the bank’s FY25 annual report. Mehta’s three-year term is set to end on January 30, 2026. […]
Valuations remain elevated, retail investors urged to stay disciplined
Indian equities saw an unusual year. They lagged global peers despite strong economic fundamentals. High valuations and foreign outflows impacted performance. Domestic investors, however, showed strong support. Households now own more of the market. Caution is advised due to current valuations. Retail investors should focus on disciplined asset allocation. Large caps offer better comfort.
IPO boom defies market slump, mobilises nearly Rs 1.7 lakh crore in a year
India’s IPO market witnessed a vibrant boom from October 2024 to September 2025, defying secondary market uncertainty by raising nearly double the funds compared to the previous year. Driven by robust domestic liquidity and a diverse mix of issues, 86 IPOs mobilised ₹1,70,897 crore. Experts anticipate this frenzy to continue as money shifts from secondary […]