Veteran investor Shankar Sharma warned that India’s rising reliance on stock market taxes to fund capital expenditure makes the economy vulnerable. He stressed weak growth, not taxes, is driving poor market sentiment, countering Ajay Bagga’s critique.Read More

Nomura identifies Mahindra & Mahindra, Hyundai Motor India, and TVS Motor among top picks poised to benefit from India’s GST rate cuts on automobiles. Automakers swiftly passed on the reductions, spurring consumer interest and bookings, with Maruti Suzuki reporting a significant surge. The brokerage anticipates volume growth during the festive season, particularly for commercial vehicles...Read More

Mayuresh Joshi highlights four key opportunities for investors—auto sector recovery post-GST cuts, auto ancillaries like SJS and Uno Minda, structural growth in diagnostics with Krsnaa Diagnostics as a dark horse, and long-term potential in power financiers PFC and REC amid renewable energy capex.Read More

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.Read More

Jinkushal Industries, an export-focused construction machinery supplier, has set its IPO price band at Rs 115–121 per share. The Rs 116.11 crore issue, comprising fresh equity and an offer for sale, opens on September 25 and closes on September 29, with listing expected on October 3. Post-listing market cap may reach Rs 464.42 crore at...Read More

Reliance Power and Reliance Infrastructure shares rebounded after recent losses, despite ongoing legal challenges for Anil Ambani and bearish technical indicators. Recent contract wins in renewable energy and modest earnings recoveries offered some support. However, investigations and debt concerns continue to cast a shadow over the companies’ long-term prospects, creating uncertainty for investors.Read More

Eternal (formerly Zomato) has overtaken Tata Motors and Titan in market capitalisation, reaching Rs 3.13 lakh crore. The surge positions it just behind Hindustan Aeronautics Ltd (HAL) at Rs 3.22 lakh crore, securing its entry into the top 25 Nifty50 stocks. The rally reflects investor confidence, driven by strong revenue momentum and Blinkit’s growing contribution.Read More

Gold held near record highs ahead of the Fed policy outcome, with traders eyeing a widely expected 25 bps rate cut. Analysts suggest buying on dips, with support at Rs 1,09,800 on MCX, and see potential for fresh highs if Powell signals further easing.Read More

Amid a flood of headlines on GST, global tariffs, RBI moves, and the upcoming US Fed meeting, Devina Mehra, Founder and CMD of First Global, says investors should tune out the noise and focus on fundamentals.Read More

Global markets are on edge ahead of the Fed’s policy decision, with most expecting a 25-basis-point rate cut, while a 50-basis-point cut is also being discussed. A weaker labor market and low inflation have intensified speculation, and a softer dollar is fueling talk of capital flowing into emerging markets.Read More