Delhi’s Khan Market has slipped to 24th globally in expensive retail locations, though it remains India’s priciest high street. London’s New Bond Street now leads the world. Indian high streets show remarkable resilience, attracting brands due to rising affluence and limited mall supply, driving significant rental growth in cities like Gurugram and New Delhi.Read More
Infosys shares jumped 3% to Rs 1,531 on 19 November as the company announced its Rs 18,000 crore buyback opening on 20 November. The tender offer allows repurchase at Rs 1,800 per share, with entitlements set for small and other shareholders. The process closes on 26 November, marking Infosys’ first tender buyback since 2017.Read More
Bitcoin bounced 4% from recent lows to around $91,775 as whale holdings hit a four-month high. Over the past day, Bitcoin gained 1.68% and Ethereum rose 2%, while major altcoins climbed about 5% except Tron and Hyperliquid, which fell up to 4%. The global crypto market cap increased 1.43% to $3.15 trillion.Read More
Japanese government bonds experienced a decline, pushing benchmark yields to a 17-year high amid concerns over the potential size of Prime Minister Sanae Takaichi’s stimulus package. While a 20-year bond auction showed continued investor interest, the overall market sentiment reflects apprehension about significant fiscal expansion.Read More
The Indian rupee strengthened to a two-week high on Wednesday, driven by positive sentiment among traders and increased exporter activity. This rise comes amid ongoing concerns about trade deals and potential central bank intervention. Meanwhile, expectations of India’s inclusion in a major global bond index are also gaining traction, influencing market dynamics.Read More
Groww shares have seen wild swings post-listing due to strong initial demand, extremely low free float of just 7%, and rich valuations. Heavy early buying and short-covering have amplified volatility, while tech-style multiples for a cyclical, competitive broking business are putting pressure. Price swings in Groww shares may continue as sentiment, fundamentals, and technical factors...Read More
Indian government bonds traded narrowly as expectations of inclusion in the Bloomberg Global Aggregate Index were tempered by reduced buying from the “others” investor category, including the RBI. While index inclusion news spurred some buying, a sharp drop in “others” purchases limited gains, raising market confidence concerns. Investors await Fed minutes for U.S. rate cues.Read More
Tata Steel shares saw a slight increase after strong September quarter results. The company reported significant profit growth year-on-year and quarter-on-quarter. Revenue also climbed, indicating improved operations. Analysts maintain a positive long-term view, reiterating a ‘BUY’ rating with a target price suggesting potential upside. Technical indicators show neutral momentum with some short-term weakness.Read More
Motilal Oswal has identified ten small and midcap stocks poised for strong earnings growth through FY28. The brokerage’s latest picks span various sectors, with projections indicating significant EPS improvements for companies like Dixon Technologies, Kaynes Technology, and Coforge. Investors can examine these selections for potential robust returns.Read More
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