Asian stocks decline as traders retreat from tech
Asian markets opened lower mirroring losses in the US. Global investors adopted a risk-off approach. Technology stocks faced significant selling pressure. This sentiment impacted cryptocurrencies like Bitcoin. However, US futures showed a slight uptick. Concerns over AI company valuations and infrastructure spending are growing. This led to a rise in Treasury yields for longer maturities. […]
Can new acquisitions and capex drive Samvardhana stock to new highs?
Samvardhana Motherson International’s shares surged to a 52-week high, driven by anticipated revenue growth and margin expansion. The auto ancillary firm is investing heavily in new facilities and acquisitions, bolstering its order book and positioning for long-term industry consolidation and EV transition benefits.
Rupee rebounds sharply as RBI intervention snaps five-day losing streak
The rupee snapped a five-day slide to post its strongest one-day gain in two months, rising 65 paise to 90.38 per dollar, amid suspected RBI intervention, heavy dollar selling by public banks, thin trading volumes and reassurance from strong forex reserves
CareEdge revises upward India’s FY26 GDP growth forecast to 7.5%
CareEdge Ratings has raised India’s FY26 GDP growth forecast to 7.5% from 6.9%, citing stronger-than-expected first-half performance. Despite this upward revision, economic activity is expected to moderate in the latter half of the fiscal year. The rating firm also anticipates the rupee to trade between 89-90 against the dollar in FY27.
India VIX hits new low as directionless market drains volatility
India’s Volatility Index (VIX) hit a fresh lifetime low of 9.84, reflecting expectations of reduced market swings. This decline is attributed to muted trading, a lack of significant market triggers, and reduced derivatives activity, with analysts noting a contraction in realized volatility and lower option premiums.
Sebi tweaks MF, IPO rules, skips conflict of interest changes
The capital market regulator has approved significant changes to mutual fund fee structures, aiming for greater transparency and cost efficiency for investors. These reforms include reducing total expense ratios and brokerage fees, alongside simplifying IPO disclosures and revamping stock broker regulations. The board also deferred a decision on managing internal conflicts of interest.
Margin trading book at record high in Nov, but growth rate dips
Investor borrowing via Margin Trading Funding reached a record high in November. However, the growth rate decelerated compared to previous months. This slowdown is linked to the weak performance of mid- and small-cap stocks. The overall equity market turnover on NSE also saw a decline. Analysts suggest this trend may continue until key market indices […]