The Indian Rupee faced a significant drop, hitting a record low. This decline was influenced by concerns over U.S. tariffs and increased H-1B visa fees. Central bank intervention helped to control the losses. The rupee’s performance has been among the weakest in the region this year. Restrictions on services exports could further impact the currency.Read More

Nifty held above 25,000 despite recent volatility, with analysts calling the trend bullish. Strong sectoral participation, leadership from Bank Nifty, and midcap opportunities suggest dips should be bought, with upside potential toward 25,500 in the near term.Read More

Tata Motors slipped after JLR extended its production halt till October 1 following a cyberattack. While festive sales boosted sentiment, uncertainty over recovery lingers, adding to the stock’s 30% yearly decline.Read More

India’s IPO market shows mixed signals ahead of a record week, with grey market premiums ranging from ₹0 for Ivalue Infosolutions to ₹122 for Jaro Institute. Early GMP trends offer a glimpse of investor sentiment, signaling potential listing gains for high-demand issues and cautious interest for others.Read More

Copper traded flat on MCX while slipping on global exchanges amid weak sentiment, China’s lower imports, and dollar stability. Supply disruptions, strong infrastructure demand, and energy transition keep outlook moderately bullish, though technical charts signal near-term consolidation.Read More

ICICI Prudential Asset Management Co., India’s second-largest asset manager, has commenced investor roadshows in preparation for its planned initial public offering. The IPO, backed by Prudential Plc and ICICI Bank Ltd., aims to raise approximately $1.1 billion through the sale of a 10% stake held by Prudential, valuing the money manager at around $11 billion.Read More

JPMorgan’s Sajjid Chinoy warns emerging markets face headwinds from rising U.S. tariffs, Chinese overcapacity, and automation reshaping export-led growth. He highlights India’s stability but stresses boosting labour-intensive exports and reforms to sustain long-term growth momentum.Read More

Crisil Ratings anticipates a revenue surge of 16-18% for private defence firms. This growth is fueled by strong domestic demand and supportive policies. Order books are projected to reach Rs 55,000 crore by FY26. Government initiatives like Atmanirbhar Bharat are also boosting the sector. Incred Equities highlights the focus on digital and electronic warfare systems.Read More

Jefferies has raised its target price for Patanjali Foods to Rs 695, maintaining a ‘buy’ rating. The brokerage expects the company to recover from Q1 headwinds caused by crude edible oil duty cuts, with volume growth and improved margins ahead. Key drivers include festive-season demand, GST cuts, and growth in foods, FMCG, and palm plantation...Read More

Sajjid Chinoy of J.P. Morgan discussed India’s fiscal outlook, trade dynamics, and policy direction. He argued that tax cuts need not derail growth if consumption strengthens and revenues rebound. With inflation stable, the RBI has space to act if required, while sustained top-line growth remains key for earnings recovery.Read More