Anticipation of a Federal Reserve rate cut, potentially starting with 25 basis points in September, fuels market optimism despite inflation concerns. Economist Willem Buiter suggests further cuts are likely, prioritizing employment data. While a weaker dollar is expected, bullish sentiment towards US assets could counter this.Read More

Indian stock market shows resilience after positive signals between Narendra Modi and Donald Trump. Domestic investors provide support while foreign investors are cautious. Reserve Bank of India allows rupee to depreciate to boost exports. Experts believe corporate earnings may improve in coming quarters. Breakthrough in US tariff talks or government reforms could trigger foreign investment.Read More

Amid speculation over changes to index derivatives expiry cycles, Jefferies warns that BSE could face cuts of 20–50%, while Nuvama Wealth Management may see profits impacted. The brokerage modelled four scenarios, including fortnightly and monthly expiries. In a fortnightly expiry scenario with separate settlements, BSE’s options revenue could fall 38%, leading to a 22% drop...Read More

Dev Accelerator’s IPO witnessed strong retail investor interest, subscribing over 48 times on the second day, despite valuation concerns. SBI Securities estimates a high FY25 P/E multiple of 310.10, significantly above peers. While SBI Securities suggests caution, Anand Rathi recommends subscribing, citing the company’s expanded services and long-term potential.Read More

Eightco Holdings, the Wall Street penny stock, surged 3,000% in a single day after announcing a private placement linked to Worldcoin. However, shares gave up roughly two-thirds of those gains over the next three sessions, sliding from $45 to around $14 amid profit-taking.Read More

The ECB kept rates at 2%, signaling caution. Markets cut rate-cut bets, boosting the euro. Inflation projections send mixed signals, leaving uncertainty on future policy despite balanced risks outlined by Lagarde.Read More

Dev Accelerator’s Rs 143 crore IPO has been oversubscribed 22.36 times on its final day, with strong demand from retail investors (77.60x) and NIIs (26.45x). Shares are trading at a 13% grey market premium, suggesting a potential listing near Rs 70, though GMP may fluctuate with market sentiment.Read More

Indian government bonds experienced a slight dip in early trading on Friday as traders adjusted positions before the weekly debt auction. The yield on the benchmark 10-year note edged up to 6.4718%. Market participants are awaiting the details of India’s second-half borrowing plan and closely monitoring the August inflation data, projected at 2.1%.Read More

BSE shares experienced a surge, climbing as high as 2.7% following reports that Sebi’s board meeting wouldn’t address ending weekly F&O contract expiries. This news reversed an 8% stock decline triggered by speculation about a shift to monthly expiries. While Sebi considers longer-duration F&O contracts, any changes will involve industry consultation, aiming to balance market...Read More

Asian gold markets experienced muted demand this week due to record-high prices. China saw significant discounts as retail purchases slowed, while its central bank continued its gold-buying spree for the tenth month. In India, buyers hesitated despite the approaching festive season, anticipating a price correction.Read More