The Reserve Bank of India has proposed sweeping changes to expand banks’ role in capital market lending. The central bank has proposed removing the regulatory ceiling on loans against listed securities and raising the individual lending limit from Rs 20 lakh to Rs 1 crore.Read More

European shares were flat on Wednesday, with gains in heavyweight healthcare stocks offsetting the decline in the broader market, as investors fretted over a potential delay in the closely-watched U.S. jobs data.Read More

Sterlite Electric, part of the Vedanta Group, has filed its DRHP with Sebi to raise funds through an IPO. The issue includes a fresh equity sale and an offer for sale, each of 77.9 lakh shares. Promoters Anil Agarwal and Twin Star Overseas will participate in the OFS. Proceeds will fund debt repayment, capital expenditure,...Read More

As a US government shutdown nears, investors are evaluating its market impact. A prolonged shutdown could weaken the economy and the dollar, potentially leading to Fed rate cuts and benefiting emerging markets. Gold demand remains strong amid uncertainty, inflation, and a soft dollar, with prices expected to rise further.Read More

India’s stock market lags global markets. Valuations are high, and earnings growth is slow. US-India trade issues also affect investor interest. Recent GST cuts and interest rate reductions could provide some support. However, a large earnings improvement is not likely this year. The market may move sideways. Stock picking offers opportunities for investors.Read More

India’s stock market lags global markets. Valuations are high, and earnings growth is slow. US-India trade issues also affect investor interest. Recent GST cuts and interest rate reductions could provide some support. However, a large earnings improvement is not likely this year. The market may move sideways. Stock picking offers opportunities for investors.Read More

India’s Nifty has significantly underperformed global markets over the past year, dropping 3.6% while others soared. This follows a post-Covid boom driven by retail investors and strong earnings, which led to stretched valuations. Corporate earnings growth also slowed to 5%.Read More

Bitcoin held steady at $114,603, buoyed by dollar weakness driving investors towards crypto assets. While some altcoins experienced dips, experts urge caution amidst economic uncertainty. Bitcoin needs to breach $114,750 for sustained buying pressure, or it risks testing $112,200 support levels. Ethereum shows bullish short-term momentum but faces significant selling pressure. The market anticipates consolidation...Read More

Investors who applied to Pace Digitek’s Rs 819 crore IPO can expect the basis of allotment to be finalized on October 1. Shares will be credited via the registrar’s portal, with MUFG Intime India handling the process. The company is set to list on the BSE and NSE on October 6, following a fully subscribed...Read More

Vedanta Resources successfully raised $500 million through a seven-year US dollar bond issue, which was oversubscribed three times, attracting bids over USD 1.6 billion. This strategic move, backed by strong investor confidence, is part of the conglomerate’s ongoing efforts to repay existing high-cost debt, manage liquidity, and extend its debt maturity profile.Read More