Major Wall Street banks, including Citigroup and JPMorgan, have withdrawn from advising on India’s SBI Funds Management IPO due to exceptionally low fees. Shareholders offered a mere 0.01% of the issue size, a rate described as “rock bottom” by bankers, prompting the pullouts. Several Indian firms and local units of global banks have been appointed...Read More

Japan’s super-long-dated government bonds experienced a selloff on Wednesday, pushing the yield curve steeper ahead of a 30-year bond auction. Investors offloaded lower-coupon bonds, particularly those around 22-25 and 14-15 years, to offset unrealized losses with equity gains. The 30-year JGB yield reached a record high of 3.515%.Read More

SBI Securities recommends subscribing to the Bharat Coking Coal IPO, citing its dominant market position, long reserve life, capacity expansion plans and reasonable valuation, even as India faces a structural coking coal shortage driven by rising steel demand.Read More

Indian equities are poised for a strong performance over the next 12-24 months. Morgan Stanley predicts a target of 95,000 for the Sensex. This outlook is driven by cheaper valuations, improving earnings, and supportive government policies. Foreign investor interest is expected to return, boosting market sentiment. The brokerage recommends focusing on domestic cyclical sectors for...Read More

Titan Company’s stellar quarterly updates impress, but valuations test patience. While gold price surges boost revenue, profitability concerns linger. Meanwhile, the FMCG sector faces stagnation, with Godrej Consumer Products deemed overvalued. Lab-grown diamonds are a future play, not immediate growth drivers, and QSR faces structural headwinds from food aggregators.Read More

Indian equities extended losses for a third straight session as selling in heavyweight stocks, Venezuela-driven geopolitical tensions and weak global cues dragged the Sensex and Nifty lower. Benchmark indices slipped sharply throughout the week, mirroring risk-off sentiment across global markets and heightened volatility driven by macro uncertainty and large-cap pressure.Read More

Titan Company’s strong December-quarter update drove its shares to a fresh record high, significantly boosting Rekha Jhunjhunwala’s notional wealth. Robust growth across jewellery, watches, emerging categories and international markets, supported by premiumisation and store expansion, reinforced Titan’s leadership position and sustained positive investor sentiment.Read More

Indian Energy Exchange shares are under scrutiny as a key regulatory verdict on market coupling is awaited. This reform could significantly alter India’s power trading. Market participants believe uncertainty has already impacted IEX’s valuation. A favourable outcome could trigger a sharp rerating for the stock. The decision is expected to bring heightened volatility for investors.Read More

NALCO shares hit a fresh record high after a sharp four-day rally, tracking a surge in global aluminium prices to over $3,000 a tonne and strengthening expectations of a supply deficit. Strong quarterly earnings, an improving industry outlook and bullish technical signals have fuelled the momentum, even as overbought indicators raise questions about sustainability.Read More

Silver prices slipped nearly 2% on profit booking after a sharp 2025 rally, even as experts remain positive on the medium-term outlook. Analysts suggest selective buying on dips, cautioning that silver’s high volatility could trigger short-term corrections.Read More