Shares of Redington Ltd surged 16% to a day’s high of Rs 280 on September 16, driven by excitement around the iPhone 17 launch, with sales starting September 19. The stock gained as the company manages the supply chain for Apple products, leveraging its long-standing partnership and handling logistics, warehousing, and distribution across India, the...Read More

Euro zone bond yields were little changed on Tuesday, tracking muted moves in their U.S. counterparts, as investors prepared for the Federal Reserve to resume its easing cycle this week following a nine-month hiatus.Read More

European shares slipped on Tuesday, dragged by a drop in rate-sensitive banks and insurance sector stocks, as investors turned cautious ahead of a highly anticipated monetary policy verdict by the U.S. Federal Reserve on Wednesday.Read More

Japan’s Nikkei share average closed at a record high for a fourth consecutive session on Tuesday, as investors scooped up chip-related stocks ahead of the U.S. Federal Reserve’s crucial policy decision on Wednesday.Read More

India’s five listed REITs surged sharply after Sebi reclassified them as equity instruments. The move is seen as a landmark reform that could boost mutual fund participation, improve liquidity, and pave the way for index inclusion.Read More

Urban Company’s shares will debut on September 17 after its ₹1,900-crore IPO was subscribed 103.6 times. Allotment status can be checked via MUFG Intime or BSE. The IPO’s grey market premium of ₹52 suggests a potential listing gain of around 54%, though it’s subject to market fluctuations.Read More

Daljeet Kohli of Roha Asset Managers suggests Indian stocks are poised for growth. Consumption, chemicals, and cement sectors show promise. Investors should not be too cautious, Kohli advises. He favors consumption, from appliances to luxury cars. Agrochemicals and chemicals are recovering. Cement is a better bet than real estate now. Market fundamentals are strong despite...Read More

Shares of Godfrey Phillips India jumped 8% to Rs 3,694 on Tuesday after the stock went ex-bonus following a 2:1 bonus issue. The adjustment tripled the share count, reducing the price proportionally, though shareholder value remains unchanged. The adjusted previous close on the BSE was Rs 3,405.60, compared with the pre-bonus price of Rs 10,227.10.Read More

Market expert Anand Tandon says no broad market rally is expected, highlighting the need for a bottom-up, stock-specific approach. Sector rotation will continue amid uncertainty, while Reliance Industries’ retail growth and potential business segmentation could act as key performance triggers in the coming months.Read More

Euro Pratik Sales has launched its IPO aiming for a Rs 2,524 crore valuation. Early subscription stood at 11% on Day 1, mainly from NIIs. Despite healthy fundamentals, muted grey market sentiment and high valuation raise caution among investors.Read More