US stocks: US market ends down as Iran peace deal optimism fades
Wall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indices like the S&P 500. Brent crude futures held near one-week highs amid rising oil prices and uncertainty. Investors await crucial inflation data which will shape Federal Reserve policy expectations. Jabil climbed after an upgrade, while […]
Fed’s Austan Goolsbee says inflation is the biggest problem on Fed rate signal
Chicago Fed President Austan Goolsbee has voiced significant worry over soaring inflation, recognizing it as the foremost challenge facing the economy today. While he deems the labor market stable, he doesn’t classify it as vigorous. Meanwhile, traders are weighing the possibility of a rate hike in September, and experts expect consumer inflation data to indicate […]
CME to allow round-the-clock trading of 100-Ounce Silver futures from September
CME Group is set to launch 24/7 trading for silver futures starting in September, responding to heightened retail demand for precious metal products. Over fifty-three thousand gold futures contracts changed hands during weekend trading sessions alone. The company’s metals division achieved record volumes in the first half, pending regulatory approval, to entice more traders into […]
Sebi proposes to widen foreign investors’ access to non-agricultural commodities derivatives
Sebi plans to permit Foreign Portfolio Investors in physically settled commodity derivatives. This move aims to boost institutional participation and market liquidity. Safeguards ensure FPIs avoid delivery obligations through a two-tier mechanism. Positions are automatically transferred if not voluntarily squared off before delivery. This framework seeks to deepen India’s commodity derivatives market.
CME to allow round-the-clock trading of 100-Ounce Silver futures from September
CME Group is set to launch 24/7 trading for silver futures starting in September, responding to heightened retail demand for precious metal products. Over fifty-three thousand gold futures contracts changed hands during weekend trading sessions alone. The company’s metals division achieved record volumes in the first half, pending regulatory approval, to entice more traders into […]
Without Warren Buffett, Berkshire Hathaway is no longer an attractive investment: ‘Big Short’ fame Michael Burry
Veteran investor Michael Burry said Berkshire Hathaway has lost its investment appeal after Warren Buffett’s succession, arguing that Greg Abel may lack Buffett’s patience for major opportunities. Burry also flagged concerns over Berkshire’s large cash pile, saying its recent moves appear more strategic than investment-focused.
India govt says retail option trader losses fell 18% after regulatory curbs
In India’s equity derivatives market, retail investor losses plummeted by nearly eighteen percent year-on-year. The wave of regulatory measures to control speculative trading led to a significant drop in individual investors participating in this segment. This marks a concerning trend as retail investors have faced ongoing losses over the last five financial years, mirrored by […]
Sebi proposes to bring all bullion trades under vault management rules
India’s market regulator is taking significant steps to enhance the supervision of its digital bullion market by proposing new vault manager regulations for all physical bullion. This initiative, which comes from the Securities and Exchange Board of India, aims to broaden the reach of the Electronic Gold Receipts framework. Stakeholders are encouraged to submit their […]
Shiprocket draws Goldman, HDFC MF, others to Rs 727 cr anchor round ahead of IPO
Shiprocket secured Rs 727.41 crore from anchor investors before its upcoming initial public offering. The e-commerce enablement company aims to raise a total of Rs 1,617.48 crore through its maiden public issue. The IPO includes a fresh issue and an offer for sale, with a price band of Rs 92-97 per share. Proceeds will fund […]
Aarti Pharmalabs shares rally over 33% in two days post Q1 results. What is driving the surge?
Aarti Pharmalabs shares have surged 33% in two days after the company reported a 65.4% year-on-year rise in Q1FY27 profit and 38.7% growth in revenue. The rally was further supported by a Rs 149-crore capex plan to add 405 KL of capacity for its CDMO and intermediate businesses.