Indian equity markets are navigating a sideways trend due to valuation concerns and liquidity dynamics, according to Dipan Mehta. Continuous mutual fund inflows are preventing corrections, while fundamentals are hindering strong rallies. GST cuts are expected to boost consumer lending, benefiting banks and NBFCs through increased demand for high-ticket items on EMI.Read More
Gold futures eased 0.14% to ₹1,12,400/10g on MCX Thursday after a strong rally, while silver gained 0.26% to ₹1,34,355/kg. Globally, gold held steady ahead of U.S. economic data, supported by a weaker dollar.Read More
Indian government bonds are trading narrowly. Market participants are awaiting debt supply details. The borrowing calendar for the fiscal second half is expected soon. New Delhi will issue 15-year and 40-year bonds. The Reserve Bank of India’s monetary policy decision is due on October 1. Traders are also awaiting states’ quarterly borrowing calendar. All eyes...Read More
Citi has re-initiated coverage on State Bank of India (SBI) with a ‘Buy’ rating and a target price of Rs 1,050, citing strong credit growth, improved returns, and operational efficiencies. The brokerage expects FY26–FY27 loan growth of 13–14%, NIMs of 2.8–2.9%, and ROE of 14–15%. Risks include asset slippages, lower NIMs, and higher credit costs.Read More
Polycab share price: Polycab India promoters plan to sell up to 0.81% stake via block deals worth around Rs 887 crore, with a floor price of Rs 7,300 per share. Multiple promoter group members, including Inder and Ajay Jaisinghani, are participating in the stake sale.Read More
Larsen & Toubro (L&T) and Bharat Electronics Ltd (BEL) have announced a strategic partnership to support the Indian Air Force’s Advanced Medium Combat Aircraft (AMCA) programme, a key element of India’s 5th-generation fighter jet initiative. The consortium will leverage L&T’s aerospace expertise and BEL’s defence electronics capabilities, advancing indigenous defence under the ‘Atmanirbhar Bharat’ initiative.Read More
As of September 24, there was a notable surge in futures open interest (OI) for six stocks in the NSE F&O pack, contributing to a total increase of over 8% compared with the previous session.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
