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The number of Americans filing new applications for unemployment benefits ​fell more than expected last week, ​consistent with a stabilizing labor market.
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Despite the Sensex plunging 1,236 points to 82,498, five BSE 100 stocks touched fresh 52-week highs. Indus Towers, Tata Steel, Eicher Motors, Bajaj Auto and Marico showed strong momentum, signaling investor confidence and potential for further upside amid broader market weakness.
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Euro ​zone government bond yields rose on Thursday, staying close to their multi-month lows and echoing moves in U.S. Treasuries, while markets continued to price less than a 50% chance of a European Central Bank rate cut in 2026.
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Patience is key in stock markets. True market bottoms are long cycles, not short corrections. Investors need a broad time horizon to find value. Markets move in cycles shaped by growth, liquidity, rates, and psychology. History shows major bottoms form after prolonged pessimism. Quality assets are often mispriced then. This wisdom is vital for emerging markets like India.
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Gaudium IVF and Women Health raised Rs 49.5 crore from anchor investors at the upper price band before its Rs 165 crore IPO opening. Proceeds will fund IVF centre expansion, debt repayment and corporate needs, with the issue comprising fresh equity and offer for sale.
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