Attention traders! 37 million JSW Cement shares, representing 3% of equity and valued at $62 million, become available for trading today as the one-month shareholder lock-in period expires. This event, the largest among peers this month, is expected to increase liquidity but could also create downward pressure if investors choose to sell.Read More
Airfloa Rail Technology’s SME IPO will launched today. The IPO sees significant investor demand. The company plans to raise approximately Rs 91 crore through a fresh equity sale. The IPO will remain open until September 15. Airfloa manufactures components for Indian Railways and the aerospace and defence sectors.Read More
Infosys board will meet today to discuss a share buyback. This comes as Infosys stock has not performed well. The stock has fallen nearly 25% in the past year. Investors are watching to see if the buyback will be a tender offer or open market. This would be Infosys’ fifth buyback. FII selling has also...Read More
Goldman Sachs anticipates its busiest week for IPOs since July 2021, fueled by rallying equity markets and successful debuts from tech companies like Figma and Firefly Aerospace. Increased M&A activity signals a recovery in dealmaking, despite lingering concerns about inflation, a softening labor market, and the uncertain impact of trade tariffs on economic growth.Read More
The Australian and New Zealand dollars showed stability near recent high points. Investors are keenly waiting for the U.S. inflation figures. Technical momentum supported potential gains. The Reserve Bank of Australia is unlikely to ease rates soon. Meanwhile, the Reserve Bank of New Zealand maintains a dovish outlook. Australian gold exports have surged significantly this...Read More
The dollar stabilized as expectations grew for a Federal Reserve rate cut following a surprise drop in U.S. producer prices. Markets anticipate a rate cut, with attention on the size of the reduction and potential changes to the Fed’s rate-setting panel. Elsewhere, the yen remained steady, while the euro rose ahead of the ECB meeting...Read More
Gold prices saw a slight increase. This happened after U.S. producer price data came out lower than expected. The data increased anticipation of a Federal Reserve interest rate cut. Investors are now waiting for U.S. Consumer Price Index data. The Federal Reserve is expected to make a decision on interest rates next Wednesday.Read More
The S&P 500 and Nasdaq achieved record highs, fueled by Oracle’s surge due to AI demand and encouraging inflation data, bolstering expectations of Federal Reserve interest rate cuts. AI-related chip stocks also rallied, while Apple declined. Investors are now awaiting consumer prices data for further inflation insights.Read More
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