Sebi extends settlement window till Oct 16 for stock brokers in algo trading case
Markets regulator Sebi on Tuesday extended the deadline for the settlement scheme to October 16 for all stock brokers associated with certain algo platforms.
Tata Motors shares fall for 2nd consecutive session as JLR extends production halt
Tata Motors shares slipped over 1% to Rs 705 on the NSE, marking their second straight session of decline, after Jaguar Land Rover extended its production halt amid an ongoing cyber incident probe. JLR has yet to provide a timeline for full recovery.
Gold prices hold close to record of Rs 1,10,177/10 gms. Will Fed meet push it even higher this week?
Gold and silver prices stayed near record highs on weak dollar trends, safe-haven demand, and expectations of a U.S. rate cut this week.
Auto or consumer? How DSP Mutual Fund’s Vinit Sambre is picking stocks after GST reforms
Vinit Sambre of DSP Mutual Fund anticipates a consumption revival fueled by GST, favoring autos, consumer durables, and lenders. While cautious on precious metals outperforming stocks long-term, he suggests equities will recover by late 2025. He highlights IT as a contrarian bet, expecting improved deal flows and growth amid light institutional holdings.
Gold scales new high as dollar weakens ahead of Fed meeting
Gold prices surged to a record high on Tuesday, buoyed by a weakening dollar ahead of the Federal Reserve’s anticipated policy meeting. Expectations of a near-certain interest rate cut by the Fed further fueled the rally. Meanwhile, SPDR Gold Trust reported an increase in its holdings, reflecting growing investor confidence in the precious metal. Elsewhere, […]
Oil steady as market weighs supply risk from attacks on Russian refineries
Oil prices remained stable after a previous session increase, influenced by concerns over potential Russian supply disruptions due to Ukrainian refinery attacks. Market sentiment was also affected by the U.S. Federal Reserve’s anticipated interest rate cut, which could stimulate fuel demand. Geopolitical tensions in the Middle East and progress in U.S.-China trade talks further contributed […]
Anand Rathi Share to launch Rs 745 crore IPO this month
Anand Rathi Share and Stock Brokers plans a ₹745-crore IPO launch this month. This marks the second company from the financial services group to enter the primary market. The IPO consists entirely of a fresh share issue. The company intends to allocate ₹550 crore from the proceeds to meet long-term working capital needs.
Asian stocks gain at open after Wall Street rally
Asian stocks saw modest gains following Wall Street’s record highs, fueled by anticipation of a Federal Reserve interest-rate cut this week. The S&P 500 surpassed 6,600 amid bets on Fed easing, while a TikTok deal and potential Trump-Xi talks also boosted sentiment.
JPMorgan to trim China, India share in EM bond index
JPMorgan Chase plans to reduce the influence of major bond issuers in its emerging-market index. This shift will re-route investment from countries like China and India. Smaller nations are set to gain from this adjustment. The change involves lowering the issuer cap to 9% by 2026. This move aims to balance regional exposure and boost […]
Jio Platforms to benefit from Sebi rule cutting minimum IPO size
SEBI’s revised listing rules are poised to benefit Reliance Industries’ Jio Platforms, potentially streamlining its planned IPO in early 2026. The reduction in minimum IPO size for large companies and extended deadline for public shareholding requirements ease concerns about valuation discounts. This allows Jio Platforms to offer fewer shares initially, facilitating easier investor absorption and […]