Wall Street closes with records as tech support offsets labor, shutdown uncertainties
Wall Street indexes closed at record highs, primarily driven by the technology sector and AI chip companies, amidst a U.S. government shutdown. Investors, monitoring private labor data, anticipated potential Fed rate cuts. The shutdown also raised concerns about its duration and impacted specific stock performances.
Will WeWork India’s IPO attract investors amid mixed financial signals?
WeWork India is set to launch a ₹3,000 crore IPO, which will reduce the promoter’s stake to 48.1%. Despite higher revenue and Ebitda than competitors, the company’s recent FY25 profit of ₹128 crore is primarily attributed to a deferred tax credit. Geographic concentration and lower occupancy rates in mature centres compared to peers are noted.
Asian stocks edge up after tech powers Wall Street
Global equities reached new records as optimism around artificial intelligence propelled Asian stocks and US tech shares higher. The S&P 500 and Nasdaq 100 hit new highs, with Alibaba also surging. This strong tech momentum overshadowed concerns about a US government shutdown and potential federal job cuts.
Trump and tariffs could decide the course of RBI rate revision
US President Donald Trump will visit Kuala Lumpur for the summits of ASEAN and East Asia leaders from October 26 to 28. New Delhi would likely look at a possible bilateral meeting between Prime Minister Narendra Modi and President Trump and work out a trade deal on the sidelines of the East Asia summit.
Is it time to shift your fixed income strategy amid RBI’s dovish signals?
RBI’s dovish monetary policy prompts investors to recalibrate fixed income portfolios. Fund managers advise a core allocation to accrual funds, with a tactical bet on duration funds. This strategy anticipates at least one 25-basis point rate cut this fiscal year, potentially boosting bond prices and offering capital gains.
RBI policy and GST boost fuel interest in consumption, financial services stocks
Consumption and financial services stocks are in focus due to recent GST boosts and RBI policy changes. Analysts highlight several stocks, including United Spirits, Aditya Birla Capital, and Axis Bank, which saw above-average rollovers to the October series. Based on technical and derivatives data, experts recommend fresh long positions and anticipate potential northward moves for […]
Banks start to see benefits of rate cuts, advances rise
Indian Bank’s advances rose 13% on a year-on-year basis, the highest quarterly growth since the first quarter of FY24. Its deposits also rose 12%, the highest since the second quarter of FY23. Its provisional advances stood at Rs 6.22 lakh crore, while deposits were Rs 7.76 lakh crore for the quarter ending September 2025.
Compass is set, but, for banks, M&A seas are rough
Larger banks with established capital markets divisions, such as ICICI Securities and SBI Capital Markets, will be better placed than mid-sized lenders. For financing deals, banks will need to develop a more nuanced assessment than steady-state projections of financial statements.
Margin trading bets surge past Rs 1 lakh crore in value despite volatile market
Jio Financial Services has been the most traded stock with borrowed funds from margin trading, with a combined amount financed of about ₹1416.6 crore. Tata Consultancy Services and Tata Motors also have funded bets worth ₹1,365.8 crore and ₹1,388.4 crore, respectively.
Dubai real estate market 2025: A thriving global investment hub
Dubai’s real estate market in 2025 is witnessing record growth, driven by strong fundamentals, high rental yields, and investor-friendly policies. August alone saw transactions worth AED 51.1 billion, with apartment, villa, and land sales surging. Coupled with Golden Visa benefits, tax-free returns, and world-class infrastructure, Dubai has cemented itself as a global investment and lifestyle […]