Oil prices saw little change in early Asian trade as a Gaza ceasefire deal between Israel and Hamas reduced war risk premiums. Brent crude futures edged up to $65.31 a barrel, while WTI crude rose to $61.63.Read More

Indian markets saw a pause as American stocks ended lower. Investors are now focused on upcoming corporate earnings and clues from the Federal Reserve about interest rate cuts. The market awaits signals on economic health and future monetary policy. This period of consolidation precedes a crucial earnings season, with major banks set to report results...Read More

Groww plans to launch its ₹7,000-crore Initial Public Offering in early November. The fintech firm, backed by Microsoft CEO Satya Nadella, aims for an $8 billion valuation. The IPO will include a fresh issue and an offer for sale by existing investors. This comes as the stock broking industry faces regulatory pressures.Read More

Indian stock markets saw a rebound on Thursday. Key companies like TCS, Tata Elxsi, Sammaan Capital, Waaree Renewable, and Signature Global are under the spotlight today. TCS reported its Q2 profit, while Tata Elxsi announced its results. Sammaan Capital is subject to an open offer. Waaree Renewable will announce its September quarter earnings.Read More

Asian equities opened lower, mirroring a pause in US stock rallies amid concerns over stretched valuations. While South Korea’s Samsung Electronics surged, other markets saw declines. Investors are reassessing gains spurred by AI-linked tech stocks, with some analysts suggesting a potential bubble, though others point to sustained earnings power.Read More

Canara HSBC Life Insurance is set to raise ₹2,518 crore via an offer for sale, reducing promoter stake to 62%. Despite a lower Value of New Business margin due to high operating expenses, the company’s discounted valuation makes it an attractive prospect for long-term investors eyeing the insurance sector. Its embedded value has seen significant...Read More

Tata Consultancy Services is investing heavily in artificial intelligence and data centres. This move aims to build new capabilities for global companies. The company plans to create 1 gigawatt of data centre capacity. This initiative is a strategic response to slowing revenue growth. TCS is also acquiring ListEngage to boost its Salesforce platform.Read More

Sammaan Capital, formerly Indiabulls Housing Finance, has successfully raised $450 million through a five-year dollar bond. This marks their first international issuance after a significant investment from Abu Dhabi’s International Holding Company. The bond was issued at a coupon of 7.50%. Investor demand was robust, with the issue being oversubscribed more than three times.Read More

Indian stock markets, Nifty and Sensex, saw a rebound on Thursday. Gains in IT, metal, and pharma sectors boosted the indices. Nifty closed higher, while Sensex saw a slight dip. Experts suggest a positive outlook with potential for further rallies if key resistance levels are breached. The Rupee traded near its all-time low against the...Read More

Sebi is exploring measures to enhance the derivatives market, including incentivizing longer-term trading and reviewing margin requirements. The regulator is also considering deepening cash markets by improving stock lending and borrowing, and examining suitability frameworks for derivatives participants. These initiatives aim to foster a more robust and accessible market.Read More