Indian markets held gains Wednesday, with Nifty near 25,000, amid trade optimism and festive demand. Analysts say a favourable trade deal could boost sentiment, while corporate earnings remain key. The auto sector, including Hero MotoCorp and M&M, may benefit from GST resets and rising volumes.Read More
BSE shares fell for two days in a row ahead of Sebi’s board meet amid reports of a plan to curb weekly F&O expiries. Analysts caution that regulatory changes, including expiry shifts and open interest norms, may impact derivatives trading volumes and BSE’s earnings outlook.Read More
Larry Ellison’s wealth surged by $88.5 billion on Wednesday, marking the largest single-day increase ever recorded by Bloomberg’s Billionaires Index, driven by Oracle’s stock rally. This surge, fueled by optimistic forecasts for cloud infrastructure revenue growth and significant AI-related contracts, briefly propelled Ellison past Elon Musk as the world’s richest person. Oracle’s market value soared, nearing the $1 trillion mark.Read More
OFSS shares saw early gains following Oracle Corp’s historic 36% rally, but later gave up all profits after the company clarified no material developments impact its business. While Oracle’s AI-driven cloud growth sets a positive backdrop, OFSS’s performance remains tied to its own financial software operations and deal pipeline.Read More
The Fed is expected to begin interest-rate cuts next week after easing producer inflation. Traders foresee gradual reductions, though risks from tariffs and rising consumer prices may shape the pace ahead.Read More
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