Indian indices extended gains on Wednesday, led by auto, IT, and banking stocks. Nifty’s sustained strength above 21EMA signals bullish momentum, with resistance at 25,400–25,500. Analysts recommend eight stocks including Banco Products, SRM Contractors, KPIT Tech, Tata Power, and LTI Mindtree.Read More
Indian markets rose for a second straight session on Wednesday, with Sensex up 313 points and Nifty gaining 91 points, supported by optimism on India–U.S. trade talks and Fed rate cut expectations.Read More
HDFC Bank invested Rs 1 crore as an anchor in JD Cables’ Rs 69 crore SME IPO, joining 20 institutional investors. The IPO opens September 18 with a price band of Rs 144–152.Read More
The Bank of Canada has lowered its key interest rate to 2.5%, a three-year low, citing a weak job market and reduced inflation concerns. This cut, the first in six months, comes after a previous easing campaign was paused in March. Governor Tiff Macklem highlighted the uncertainty caused by U.S.Read More
iValue Infosolutions secured ₹168 crore from anchor investors like ICICI Prudential MF and Societe Generale ahead of its IPO. The IPO, opening September 18, aims to raise ₹560 crore through an Offer for Sale at a price band of ₹284-₹299 per share. The enterprise technology solutions specialist plans to list on BSE and NSE on...Read More
The US Federal Reserve has initiated a monetary easing cycle by cutting interest rates by 25 basis points, prioritizing a slowing labor market despite elevated inflation. This decision, breaking a prior pause, aims to stimulate the economy amid uncertain job growth and political pressure. Market analysts anticipate further rate reductions through 2026.Read More
Wall Street indices showed mixed performance ahead of an anticipated Federal Reserve interest-rate cut. The Dow Jones rose, while the Nasdaq dipped, influenced by Nvidia’s decline due to reported Chinese regulatory actions. Positive movements in defensive sectors and financials helped offset tech losses, with American Express reaching a record high.Read More
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