Canara Bank shares are performing well. The stock price increased by 2.2% on Friday. It reached an intraday high of Rs 117.85 on the BSE. The stock is close to its 52-week high. Technical data suggests continued support. Trading volumes are strong, indicating active market participation. The relative strength index shows firm momentum. Buying interest...Read More

Bank of Japan maintains interest rates. However, it signals a possible future tightening of monetary policy. This decision surprises markets. Nikkei declines, and the yen strengthens. The central bank plans to sell its ETF holdings. Japanese government bond yields rise. Investors anticipate potential rate hikes later this year. Focus now shifts to Governor Kazuo Ueda’s...Read More

On Friday, gold and silver prices on the MCX rebounded from early lows, while international gold prices remained flat. The Federal Reserve’s rate cut failed to meet dovish expectations, leaving investors awaiting further cues on U.S. policy. Manoj Kumar Jain suggests specific trading ranges for gold and silver on the MCX, advising to sell silver...Read More

The Bank of Japan (BOJ) has decided to maintain its short-term interest rates at 0.5% following a two-day policy meeting. However, in a significant shift, the BOJ will begin selling its holdings of exchange-traded funds (ETFs) and real-estate investment trusts (REITs). The decision saw dissent from board members Naoki Tamura and Hajime Takata.Read More

India’s IPO market is gaining traction, with several startups preparing to debut around Diwali. Groww, PhysicsWallah, and Pine Labs are among the companies gearing up for IPOs, with PhonePe potentially filing confidential papers soon. Lenskart is also planning a public listing, aiming to capitalize on the renewed interest in the Indian IPO market.Read More

Indian government bonds remained range-bound as market participants prioritized immediate supply concerns over the potential inclusion in a global index. The auction of the 2035 bond coincided with worries about continuous supply from both the central government and states. Traders are also anticipating the borrowing calendar for the second half of the fiscal year.Read More

Adani Power share price: Morgan Stanley initiated coverage of Adani Power with an Overweight rating and a Rs 818 price target, seeing nearly 30% upside. The brokerage highlighted the company’s large coal-based capacity, growth plans to 41.9 GW by FY32, and robust long-term PPAs under India’s SHAKTI policy.Read More

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The Indian rupee depreciated by 7 paise to 88.27 against the US dollar due to a stronger dollar and declining domestic equities. US tariffs on Indian goods further dampened investor sentiment. While the rupee stumbled, supportive trade developments and domestic confidence suggest potential for appreciation, with key support at 87.70 and resistance around 88.40.Read More

The Bank of Japan has maintained its short-term interest rates at 0.5%. However, the central bank decided to begin selling its exchange-traded funds and real-estate investment trusts. Naoki Tamura and Hajime Takata dissented to the decision. Governor Kazuo Ueda will explain the decision at a news conference. The policy meeting concluded on Friday.Read More