Copper prices in India rose nearly 1% to Rs 1,089.20/kg, tracking international gains ahead of the US Federal Reserve’s policy decision. On COMEX, copper climbed 0.85% to $5.365/lb as markets anticipated a 25 bps rate change by the FOMC.Read More
Investors are now prioritizing profitability and competitive advantages in India’s digital sector, moving beyond just tech-enabled listings. Parag Thakkar highlights Lenskart for its profitability and market potential, and expresses optimism for Tata Capital due to its growth and brand.Read More
Newly listed Meesho received its first analyst rating, with Choice Institutional Equities initiating coverage with a BUY call and Rs 200 target. The brokerage expects strong revenue growth, improving unit economics and a faster path to profitability, while highlighting COD dependence, logistics complexity and competitive pressure as key execution risks.Read More
Bitcoin and Ethereum surged ahead of the US Fed policy outcome, with Bitcoin nearing $92,000 and Ethereum jumping nearly 7%. Major altcoins also saw significant gains, contributing to a rise in global crypto market capitalization. Analysts anticipate a liquidity-driven rally if the Fed signals a dovish stance.Read More
The US Federal Reserve is widely expected to announce a 25 bps rate cut on Wednesday, its final policy decision of the year. Policymakers face the challenge of balancing a weakening labor market and tariff-driven inflation against a resilient economy, with key economic data delayed due to the government shutdown.Read More
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