Global stocks hold steady after four-day rally

Global equities held firm, buoyed by expectations of faster Federal Reserve rate cuts and a return of risk appetite, with Bitcoin surging. Markets anticipate a year-end rally, supported by a positive macro outlook and decent corporate earnings. Tech shares led gains in Asia, while German equities rose on takeover interest.

Nifty breaks a 14-month lull, yet Silver and Gold returns dominate D-Street

After a 14-month period of underperformance compared to global peers, India’s Nifty index has reached a new all-time high. During this time, silver and gold emerged as top-performing assets, while specific Indian sectoral indices like Capital Markets, PSU Bank, and Defence also saw significant gains.

D-Street scales new peaks after 14 months as FPI selling cools, US-India deal eyed

Indian stock markets reached new heights on Thursday, with the Sensex and Nifty crossing previous records. This surge follows a 14-month period of consolidation. Investors are now looking towards a potential US-India trade deal and a decrease in foreign investor selling to fuel further market gains. Analysts suggest focusing on large-cap stocks for potential upside.

Asian stocks ebb as global rally loses momentum

Asian stocks showed signs of losing momentum Friday, with indexes opening lower in South Korea and Japan, while global equities remained flat. Investors are closely watching Chinese stocks after JPMorgan upgraded its recommendation, and are also focused on the yen’s stability amid steady Tokyo inflation and potential Bank of Japan rate hikes.

Meesho eyes $6 billion valuation with December 3 IPO; check price band

Meesho is targeting a $6 billion valuation as it prepares for a December IPO. The e-commerce firm is also in talks with SBI Funds for a pre-IPO placement that could alter issue size. Meesho plans to raise Rs 42.5 billion through fresh shares, alongside a major offer for sale by existing investors.

Top 5 equity mutual funds deliver over 30% CAGR on lumpsum investments in 3 years

The top-performing mutual funds for a three-year lumpsum horizon are dominated by value and gold-oriented schemes, all delivering strong compound returns. Despite impressive past performance, investors are advised to base decisions on risk tolerance, investment horizon, and financial goals rather than returns alone, ensuring alignment with long-term objectives and suitability

HDFC Bank, Bajaj Finance lead as Nifty50 climbs to fresh record above 26,300

The Nifty50 index reached a record high of 26,310.45. Strong buying in financial, IT, infrastructure, and consumption stocks fueled the rally. Domestic institutional flows and sector-specific momentum supported the gains. Bajaj Finance and Larsen & Toubro were among the top performers. Despite some declines, the overall market sentiment remained positive.