Jaykay Enterprises surged 20% after subsidiary Allen Reinforced Plastics secured a Rs 94.45 crore order from BrahMos Aerospace for composite parts. The diversified group also advanced in healthcare with a CSIO technology transfer for 3D-printed orthopedic implants. Shares closed 14.5% higher, marking 100% gains in a year.Read More
Andrew Ferris, CEO of Ecognosis Advisory, criticised the Fed’s recent rate cut, warning it may fuel inflation without boosting jobs. He highlighted muted market reaction, ineffective labour impact, and incoherent US tariff policies discouraging investment.Read More
The U.S. Federal Reserve cut rates by 25 bps, sparking global debate. Chair Powell signaled a “less restrictive” stance, balancing weak labor data, inflation risks, and resilient growth. Analysts see potential easing, volatility, and opportunities in equities, including India and emerging markets.Read More
Sensex closed at 83,013, gaining 320 points on Thursday, as six BSE 200 stocks including Maruti Suzuki, Hyundai, Cummins India, Ashok Leyland, JSW Steel, and Eternal hit fresh 52-week highs, reflecting bullish market momentum and strong investor sentiment.Read More
Capital markets regulator Sebi found that allegations against Adani Group could not be established in the Hindenburg case. Hence, there is no question of devolvement of any liability on the group and also there is no penalty, the regulator said in an order.Read More
Smaller U.S. defense firms have emerged as standout performers on Wall Street this year, fueled by surging demand for low-cost, next-generation military tech tailored for modern warfare and the Pentagon’s pivot toward agile and adaptable combat systems.Read More
The Bank of England maintains interest rates at 4%. Inflation in the UK remains almost double the target. Figures show inflation held steady at 3.8% in August. The bank has been gradually cutting rates since August 2024. Another rate cut is possible in November. Economists are divided due to persistent inflation and wage increases. The...Read More
India’s equity market gains momentum ahead of Diwali, driven by GST cuts, policy shifts, and sectoral trends. Ajay Srivastava highlights opportunities in autos, engineering, healthcare, and new-age firms, while cautioning against high-PE smallcaps, consumer durables, and traditional banks. Growth, differentiation, and tech-driven businesses are key for long-term alpha creation.Read More
India’s defence technology sector is poised for rapid growth, driven by government indigenisation and private sector participation. Experts predict 2–3 companies could reach $500 billion market caps in 5–8 years, supported by collaborations, JVs, and exports. Defence may become a core revenue driver, reshaping India’s corporate landscape.Read More
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