Indian households traditionally store wealth in physical gold and silver, but this presents challenges like storage and liquidity. Gold and silver ETFs emerge as modern, efficient alternatives, offering transparency, liquidity, and security. Gold acts as a stable anchor during economic stress, while silver provides cyclical upside.Read More
A market veteran sees a positive shift for India’s financial sector. Private banks, including HDFC Bank and ICICI Bank, will lead future growth. FY27 is expected to be a landmark year for both private and public sector banks. Rate cuts and government measures will support this expansion. A billion-dollar NBFC investment highlights this outlook.Read More
Shares of Bharat Electronics Ltd (BEL) rose 2% to Rs 414 on October 3 after Goldman Sachs initiated coverage with a Buy call and a target of Rs 455, signalling 12% upside. The company is well-positioned across order execution and inflows, insulated from defence spending dips, and set to benefit from major projects like QRSAM,...Read More
Subramaniam stressed the need for investor education and responsible distribution. “Equities are a good wealth creation and inflation-beating asset class, but not like a lottery. Distribution is key because a lack of trust in financial institutions was surprising to me, despite big names like SBI and HDFC being in the space.”Read More
TruAlt Bioenergy shares debuted strongly but gave up early gains, trading at Rs 530 on the NSE, up 7% from the issue price of Rs 496. Analysts recommend booking partial profits while holding a portion of shares. The company, a high-growth player in biofuels and renewable energy, benefits from government support and strong demand, though...Read More
WeWork India’s IPO saw a slow start, with just 1% subscription on Day 1 and a modest grey market premium of 2.3%, reflecting cautious investor interest. The offering comprises 4.62 crore shares, totalling Rs 3,000 crore. As this is a complete offer for sale (OFS), the company will not receive any proceeds from it.Read More
Japan’s 10-year government bond yield reached a 17-year high on Friday. Markets awaited a weekend leadership election. Bank of Japan Governor Kazuo Ueda offered no clear indication on an interest rate hike this month. He cited global economic risks in his speech. Traders currently place 37 percent odds on a quarter-point rate increase.Read More
The RBI’s decision to keep interest rates steady at 5.5% and maintain a neutral liquidity stance offers relief to banks, limiting potential margin compression. Its measures to ease lending restrictions support credit growth. Jefferies recommends large private banks — HDFC Bank, Axis Bank, ICICI Bank — and SBI among PSU banks, citing strong capital buffers...Read More
Bitcoin reached a two-month high of $120,124. US spot Bitcoin ETFs received large capital. Speculation about a US government shutdown also boosted investor interest. Ethereum and other major altcoins advanced. The overall cryptocurrency market capitalization increased. Experts predict a constructive outlook for the fourth quarter.Read More
The US government shutdown adds uncertainty to global trade negotiations. India’s trade talks continue despite the political gridlock. Markets prioritize economic fundamentals like labor data and corporate earnings. Foreign institutional investors are pulling funds from India. India remains the fastest-growing economy. Experts expect long-term capital inflows to resume. India’s strong growth story will attract global...Read More
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