SBI Cap Securities’ Sunny Agrawal assesses the market debuts of Meesho, Aequs and Vidya Wires, calling Meesho’s 45% listing gain strong but advising a tracking position as profitability levers unfold. He sees Aequs as a niche, high-margin long-term aerospace play, while urging investors to book profits in Vidya Wires and wait for earnings clarity before...Read More
Germany’s 10-year borrowing costs hit fresh multi-month highs on Wednesday as traders price out any chance of further European Central Bank rate cuts, while looking ahead to an important Federal Reserve meeting later in the day.Read More
Vietnam’s State Treasury raised 7.95 trillion dong ($302 million) in a weekly government bond auction on Wednesday, up from $298 million raised last week, with the coupon for 10-year bonds hitting the highest this year.Read More
The echoes of success resonate throughout Dubai, as Danube Group announces the total sell-out of their landmark project, ‘SHAHRUKHZ by Danube’. This striking commercial tower, lining the iconic Sheikh Zayed Road, has generated a remarkable revenue of over Rs 5,000 crore, underscoring the vibrant demand for commercial real estate in the emirate.Read More
The Indian rupee slipped on Wednesday, ending a session of back-and-forth price action shaped by portfolio flows, likely maturity of positions in the non-deliverable forwards market and caution ahead of the Federal Reserve’s policy decision.Read More
Global investors including Temasek and Capital Group, along with major Indian asset managers such as SBI MF, ICICI Prudential, and HDFC AMC, have placed bids to buy shares in Swiggy as the company seeks fresh funding a year after its listing. Other global players like Fidelity, BlackRock, and Nomura have also participated in the $1.1...Read More
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026, suggesting meaningful upside potential from current levels, highlighting a preference for BFSI, and IT sectors, among others.Read More
Shares of EMS companies Dixon, Amber, and PG Electroplast declined sharply on Wednesday, tracking the fall in Kaynes Technology and extending the sector’s recent weakness. Dixon led the slide, plunging over 9% intraday—its biggest drop since January—before ending down more than 8%, with trading volumes surging to over triple the 20-day average.Read More
Eleven high-momentum Indian stocks surged over 50% in three months, with three turning into multibaggers, highlighting standout performers amid broader market volatility.Read More
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