Wakefit raised Rs 580 crore from anchor investors at the top price band, with domestic mutual funds taking over half the book. Strong institutional demand boosts confidence ahead of its Rs 1,288 crore IPO opening on December 8.Read More

SpaceX is planning a major step towards going public. The rocket company aims for an initial public offering in the latter half of next year. This move could include its Starlink satellite internet service. This comes as SpaceX is reportedly kicking off a new share sale, potentially valuing it at $800 billion.Read More

Friday saw a remarkable uptick in Indian stock markets as the Reserve Bank of India decided to lower interest rates by 25 basis points. This strategic decision, along with signals of continued easing, infused confidence into investors. The Nifty and Sensex indices experienced a solid recovery, pushing past previous weekly dips.Read More

In a bold strategy to boost economic resilience, the central bank is channeling a hefty sum into the banking system. By leveraging open market operations alongside dollar-rupee buy-sell swaps, an impressive ₹1.45 lakh crore will flow in to optimize liquidity and facilitate effective monetary transmission.Read More

Indian markets saw a positive close on Friday. Investors are keenly watching for a Federal Reserve interest rate cut next week. Economic data released showed consumer spending rose and consumer sentiment improved. This has boosted hopes for a rate reduction. All eyes are now on the Fed meeting for policy hints.Read More

Global shares advanced Friday as U.S. economic data reinforced expectations of a Federal Reserve rate cut next week, weakening the dollar and boosting gold. Wall Street indices closed higher, marking a second consecutive week of gains, with technology and communication services sectors leading. European markets remained largely unchanged, securing a modest weekly increase.Read More

European shares closed the week with modest gains as investors digested a U.S. inflation report reinforcing expectations for a Federal Reserve rate cut next week. Autos, retail, and technology stocks led the gains, while Swiss Re and oil and gas lagged. Citigroup set a positive 2026 target for the STOXX 600.Read More

Gold prices climbed Friday amid strong expectations of a U.S. Federal Reserve rate cut next week, while silver reached a record high. The market anticipates a 25-basis-point cut, driven by dovish Fed commentary and recent economic data. This sentiment weakened the dollar, benefiting gold.Read More

Oil prices climbed to a two-week high, fueled by anticipated U.S. Federal Reserve rate cuts boosting economic growth and energy demand. Geopolitical tensions involving Russia and Venezuela also contributed to the rise. Investors are closely watching trade talks and potential supply disruptions from these key oil producers.Read More

The U.S. dollar dipped as traders anticipated a Federal Reserve rate cut next week, with nearly 90% probability priced in. Soft labor data and dovish central bank remarks fueled expectations for reductions. Meanwhile, the yen firmed on speculation the Bank of Japan might raise rates this month.Read More