Industry executives attributed the slowdown to relative reluctance among banks, especially those privately owned, to chase housing loans because of the pressure on margins due to reduction in interest rate, while borrowers are delaying purchases in anticipation of further easing of rates. The slowdown also partly reflects the base effect given last year’s numbers had...Read More

India’s unlisted market faces a stark reality check as major IPOs, including Tata Capital and HDB Financial Services, price significantly below their grey market valuations. This trend has severely dented investor sentiment, causing demand for popular unlisted stocks like NSE and Groww to dry up and their prices to fall. The divergence forces a re-evaluation...Read More

Axis Bank is re-evaluating its plan to sell a stake in Axis Finance. The bank awaits clarity on the Reserve Bank of India’s upcoming circular. Potential investors require regulatory guidance before finalising valuations. Axis Bank committed to the RBI not to infuse additional capital. Axis Finance needs significant capital for its future growth plans. This...Read More

Tata Capital’s ₹15,512 crore IPO, the largest of 2025, is drawing robust interest from global and domestic institutions for its anchor book. The ₹4,600 crore anchor portion, opening October 3, is expected to be oversubscribed more than four times, with major players lining up.Read More

LG Electronics will launch an ₹11,500 crore IPO, with subscriptions opening from October 7 to 9. The issue comprises an offer for sale of 10.18 crore shares, representing 15% of the company’s equity, by its Korean parent. Anchor investors can subscribe on October 6.Read More

Markets traded subdued on expiry day, ending almost unchanged amid mixed cues, with rate-sensitive sectors in focus ahead of the RBI policy. RBL Bank partnered with LIC, while Adani Total Gas’s CFO resigned. IOB faced an RBI penalty, ICICI Bank received a GST demand, and Airtel launched a new AI/ML-powered location service.Read More

Benchmark indices closed flat as market attention turned to the RBI MPC outcome, where a status quo on the repo rate is anticipated. Analysts expect a range-bound market, with Nifty’s short-term outlook negative. The rupee hit a record low, while FIIs net sold shares amid global uncertainties.Read More

Indian equity investors may find relief in October, with historical trends showing Nifty gains in seven of the last ten years. However, analysts predict a narrow trading range for the Nifty, likely between 24,300-25,400, due to tariff uncertainties, FII selling, and upcoming large IPOs.Read More

US stock futures slipped as the government neared a shutdown after a stopgap funding bill failed, raising investor concerns. The looming shutdown threatens to delay crucial economic reports, like nonfarm payrolls, which are vital for the Federal Reserve’s interest-rate decisions. This potential information vacuum could lead to market volatility, especially with valuations near prior peaks.Read More

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