MPC may go for a cut in December if inflation concerns recede
Out of 12 economists ET spoke to, 9 said that it was likely that the MPC would begin to cut interest rates from December onwards. The remaining three respondents were broadly of the view that the MPC is likely to follow a course that is distinct from rate-setters in advanced economies and may wait for […]
D-Street investors richer by Rs 110.57 lakh crore so far in 2024 amid record-breaking rally in markets
The BSE Sensex jumped 12,026.03 points or 16.64 per cent so far in 2024, giving handsome returns to investors. The benchmark scaled its all-time peak of 85,978.25 on September 27, this year, breaching many milestones.
Wall Street opens lower as Middle East tensions make investors nervous
USA-STOCKS/ (URGENT)US STOCKS SNAPSHOT-Wall St opens lower as Middle East tensions make investors nervous
Axis Bank eyes AT-1 bond sale for up to Rs 3,000 crore in coming days
The private sector lender had raised the funds at a coupon rate of 7.45%, debt capital market executives had said. The bond issuance had a base size of Rs 2,000 crore and a greenshoe option of Rs 2,000 crore.
Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
CEREBRAS-IPO/ (UPDATE 3)UPDATE 3-Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
IIFL Home Finance likely to hit retail bond market in Q3 after three years
IIFL Home Finance plans its first retail fundraise in three years to diversify its liabilities. Filing a draft prospectus to raise up to Rs 3,000 crore, it aims for an initial fundraise of Rs 300-500 crore this quarter. The strategy follows RBI’s move to limit NBFCs’ bank borrowing, impacting their usual funding sources.
India now has 19.9% weight in MSCI Emerging Market Index, very close to China’s 24.42 %
India’s weightage in the MSCI Emerging Markets Index has reached 19.9 per cent, very close to China’s weightage which has dropped down to 24.42 per cent from nearly 40 per cent in 2020.
Varun Saboo on 3 sectors with value plus strength where fresh money can be put to work
Varun Saboo from Anand Rathi remains bullish on PSU banks, two-wheelers, and select pharma and hospital stocks. He highlights the potential benefits tied to rate cut cycles and sees continued value in these sectors. Though FMCG has done well recently, he advises against investing in defensive sectors while preferring growth stocks.
Market Trading Guide: EID Parry, Deepak Fertilizers among 5 stock recommendations for Thursday
Indian indices ended flat amid mixed performances, with Reliance and HDFC Bank dragging down. Analysts recommend stocks like Chambal Fertilizers and EID Parry for potential gains amid cautious sentiment.
Breakout Stocks: BASF India, Deepak Fertilizers and Bombay Burmah hit fresh record highs on Tuesday; what should investors do?
The Indian market closed in the red for the third consecutive day in a row on Tuesday. Benchmark indices closed flat with a negative bias.