Day

September 18, 2025
Indian equities closed higher on Wednesday, with the Sensex and Nifty extending gains for a third straight session after the U.S. Federal Reserve trimmed interest rates by 0.25% to support its labour market.
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The rupee weakened to 88.13 against the US dollar due to a hawkish Federal Reserve stance and a stronger dollar. The Fed’s rate cut outlook, worries over potential US tariffs, and continuous foreign fund outflows pressured the rupee.
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Deccan Gold Mines Ltd (DGML) shares surged 11% to Rs 137 after reports that India’s first large private gold mine in Andhra Pradesh could begin full-scale production sooner than expected. The Jonnagiri project will add up to 1,000 kg of gold annually, reducing India’s import dependence.
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Deutsche Bank projects gold could hit USD 4,000/oz by 2026, citing supportive macro factors, Fed easing, strong official demand, and weaker dollar, while cautioning on equities, seasonal trends, and US macro improvements.
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India’s real estate sector is undergoing a digital transformation, projected to become a multi-trillion dollar market by 2047. Digital real estate allows investors to own fractions of premium properties through online platforms, offering transparency and liquidity. Platforms like Alt DRX simplify the investment process, making property ownership accessible to a wider range of investors.
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Nifty’s sharp 800-point rally has taken it close to 25,500, but experts warn of limited upside at current levels. Rahul Sharma advises profit booking, expects a short-term dip, and highlights Jio Finance and IIFL Finance as strong stock picks.
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YES Securities initiated coverage on Waaree Energies and Premier Energies with “Buy” ratings, citing India’s solar boom. Waaree’s larger scale, global expansion, and strong order book give it an edge, while Premier focuses on domestic growth and integration.
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SMC Global Securities will meet on September 24, 2025, to discuss its first-ever bonus equity share proposal by capitalizing reserves. If approved, existing shareholders will receive additional shares, enhancing liquidity and rewarding investors. Trading restrictions apply from September 18–26 as per insider policies. This move strengthens capital structure without cash outflow.
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Ace investor Mukul Mahavir Agarwal has picked up more than 5 lakh shares amounting to Rs 100 crore in midcap multibagger stock Tega Industries following the company’s latest fundraise.
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