Asian shares post modest early gains, Yen weakens
Asian shares saw a modest rise, with Japan’s Nikkei extending its record run on a weaker yen amid reports of a snap election. US equities dipped as JPMorgan’s earnings missed guidance, and inflation data reinforced expectations of a Federal Reserve rate pause. Traders await a potential Supreme Court ruling on President Trump’s tariffs.
Is Amagi’s IPO a long-term bet for high risk investors?
Amagi Media Labs plans to raise ₹816 crore via a fresh issue for cloud infrastructure and inorganic growth, with an additional ₹973 crore through an offer for sale. The company, which turned profitable in H1 FY26 after years of net losses, operates in the dynamic streaming and content monetisation sector.
Regulation a challenge in digital era: RBI deputy governor Shirish Chandra Murmu
India’s central bank warns that rapid digitalization is shrinking the window for regulators to address financial risks. Deputy Governor Shirish Chandra Murmu emphasized the need for proactive detection and agile interventions to maintain stability. He highlighted challenges including the speed of technological change, fragmented oversight, calibrating regulation, systemic risks from innovations, and cybersecurity concerns.
RBI’s likely to hold interest rates with inflation set to rise
Economists anticipate the Reserve Bank of India (RBI) will introduce more money into the financial system. With inflation expected to rise, interest rates are likely to stay the same in upcoming policy meetings. This means attention will shift to how much money the RBI will add and when it will do so.
RBI’s $10-billion forex swap gets thrice the bids
The Reserve Bank of India’s 3-year dollar-rupee buy-sell swap witnessed robust demand, attracting bids of $29.9 billion against a notified amount of $10 billion. The cutoff premium surged to 728 paise, reflecting increased pressure on the rupee compared to the previous year. This higher premium indicates a greater cost for the RBI to purchase dollars.
India view’s positive, it must at least have market weight exposure: Ajay Rajadhyaksha, Barclays
Foreign investors are holding back on India due to shifts in the US-India relationship, according to Barclays’ Ajay Rajadhyaksha. Despite this, India is viewed positively for stability and growth. Rajadhyaksha also discussed the sustainability of the AI rally and sees potential in base metals and large US tech firms.
RBI plans new eligibility norms for urban co-op bank licences
The Reserve Bank of India is considering new rules for urban cooperative bank licenses. Credit societies meeting strict financial and operational standards may qualify. This move aims to strengthen the sector. The proposal seeks to reopen licensing after a long pause. Only large, well-managed entities will be considered for conversion. Governance standards will align with […]
Are technical indicators flagging deeper weakness across Nifty 500 stocks?
Technical indicators reveal a weakening undertone in India’s top 500 shares, with a majority trading below key moving averages. This broad-based weakness, exacerbated by trade deal uncertainties and global concerns, suggests sellers are dominating across sectors. While oversold conditions may present buying opportunities for quality stocks, a decisive upward trend is not yet anticipated.