Hindustan Zinc’s Offer For Sale (OFS) opens for retail investors on Thursday, January 29, after strong demand from non-retail participants. Vedanta, the promoter, aims to raise up to Rs 4,500 crore through the sale of 0.79% of the company’s equity, with a green shoe option of 0.59% additional stake if demand remains robust. The indicative...Read More
At that meeting, Federal Reserve officials voted to keep the benchmark interest rate target range unchanged at 3.5% to 3.75%, a move that was widely expected. Powell offered limited guidance on the path ahead for interest rates, even as financial markets increasingly anticipate the possibility of a rate cut as early as June.Read More
Hindustan Copper shares surged 40% in four sessions to a 52-week high as record global copper prices and the company’s emergence as the preferred bidder for a new mining block in Madhya Pradesh fueled a fresh wave of buying in the state-owned miner.Read More
U.S. Treasury Secretary Scott Bessent said President Trump is weighing four strong contenders to succeed Fed Chair Jerome Powell, following detailed discussions during recent travel. While prediction markets favour BlackRock’s Rick Rieder, other names include Christopher Waller and Kevin Warsh. Trump is expected to announce his choice soon.Read More
Maruti Suzuki reported modest December-quarter profit growth, missing estimates due to export pressure and one-time labour code costs. Strong revenue growth, record domestic sales, and a supportive GST structure aided performance. With the stock oversold technically, near-term movement will hinge on margin recovery, exports, and demand momentum.Read More
UTI AMC’s Karthikraj Lakshmanan anticipates Budget 2026 will balance fiscal discipline with growth, focusing on capital expenditure and consumption. He notes market nervousness due to geopolitical concerns and rupee depreciation, advising a staggered investment approach for equities with a 5+ year horizon.Read More
India’s new trade deal with the European Union is set to boost exports and jobs. Policymakers are focusing on fiscal consolidation and growth. The Reserve Bank of India is expected to proceed cautiously with rate cuts. India’s household gold holdings are substantial, though their impact on consumption is limited. The nation is poised for economic...Read More
Motilal Oswal Financial Services believes regulatory pressures on broking are easing. The firm anticipates renewed growth in the broking sector. Asset management and private equity businesses are performing strongly. Motilal Oswal is raising new funds and expanding its presence in alternative investments. Wealth management shows resilience despite market fluctuations. The company remains optimistic about long-term...Read More
Foreign institutional investors (FIIs) significantly reduced their holdings in Indian equities during the December quarter, selling nearly two stocks for every one purchased, with smallcaps bearing the brunt. This exodus, driven by high valuations and modest earnings growth, saw FIIs divest from 814 stocks while acquiring only 478 across various market segments.Read More
The Hang Seng Gold ETF saw a significant surge of over 9% on its debut as spot gold reached record highs near $5,600 an ounce. Investors are seeking safety amid geopolitical and economic uncertainties, driving demand for gold. Analysts suggest this could signal a monetary system redefinition, with potential for further climbs if central banks...Read More
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