Investor Chris Wood of Jefferies has sold Reliance Industries shares and reduced exposure to select banks, shifting focus to Ambuja Cement amid India’s long-only portfolio. The move follows RIL’s AGM announcements, including Jio Platforms’ 2026 IPO and FMCG revenue targets. Ambuja gained appeal from a GST rate cut, cost efficiencies, and accelerated industry consolidation, prompting...Read More

GK Energy, based in Pune, has launched its IPO today. The IPO saw a 58% subscription on Day 1. Retail investors are showing strong interest. The IPO will close on September 23. Shares are trading at a premium in the grey market. The company plans to use the funds for working capital and general corporate...Read More

Despite US market frothiness, AI investment fuels growth, says DBS Bank’s Taimur Baig. He notes a nuanced labor market with potential wage pressures and steady consumption. Two Fed rate cuts are anticipated, possibly influenced by political factors. Looking ahead to 2026, Baig cautions about emerging inflation sources, including tariffs, energy demands from AI, and wage...Read More

Nifty stock Eicher Motors, has turned Rs 1 lakh into Rs 3.5 crore since its 2004 NSE listing, delivering a whopping 35,000% returns in the said period. Riding on GST-led price cuts and strong three-month gains of 29%, analysts see more upside with targets of Rs 7,500–7,800 in the near term.Read More

ICICI Securities reports that gold’s risk signal for equities is now unreliable, reminiscent of the 1970s ‘Nixon shock.’ The traditional inverse correlation between gold and stocks has faded since 2022, driven by central banks’ increased gold demand amid geopolitical risks. This shift renders gold prices questionable for long/short equities strategies until the current reset completes.Read More

Despite market uncertainties in 2025, company insiders and promoters strategically invested approximately Rs 2,800 crore in their own firms. Jindal Steel & Power saw the largest insider purchases, followed by Indus Towers and Jindal Stainless. While some stocks have performed well since these transactions, others have experienced declines or remained relatively flat.Read More

Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook has sparked an unprecedented legal battle over presidential authority and Fed independence. Accused of mortgage fraud, Cook contests the move, with courts blocking removal. The case tests the definition of “cause,” raising global concerns about political influence in monetary policy.Read More

Alok Agarwal sees brighter prospects for Indian equities, citing tax reforms, GST cuts, and global easing as growth drivers. While trade talks with the US remain a hurdle, cooling valuations, resilient earnings, and emerging sectoral opportunities point to renewed investor confidence and potential FII inflows after earlier outflows.Read More

Saatvik Green Energy launched its IPO today. The IPO has seen a 14% subscription within the first hour. Shares are trading at a premium in the grey market. The IPO will close on September 23. Share allotment is expected on September 24. Listing is scheduled for September 26 on NSE and BSE.Read More

Shares of Adani Power surged 9% to Rs 687 on the NSE on September 19, driven by renewed investor enthusiasm. Analysts cite three key catalysts for a potential 30% upside, including Morgan Stanley’s overweight rating, the company’s plan to expand operational capacity from 18.15 GW to 41.9 GW by FY32, and a $22–27 billion investment...Read More