Japanese government bonds faced a dip on Wednesday. This happened before the sale of securities. The five-year yield increased. The ten-year yield also saw a rise. The Ministry of Finance plans to sell five-year JGBs. These events unfolded after Shigeru Ishiba’s resignation. Sanae Takaichi is a contender for leadership. She supports the Abenomics policies.Read More

Urban Company garnered Rs 854 crore from anchor investors before its IPO. The IPO opens for subscription from September 10-12, with a price band of Rs 98-103 per share. The company aims to raise Rs 472 crore through fresh shares. Existing investors will sell stakes worth Rs 1,428 crore. Funds will be used for technology,...Read More

Gold prices remained steady on Wednesday. Investors are waiting for important inflation reports later this week. Expectations of a U.S. interest rate cut this month helped keep gold above $3,600 per ounce. The dollar index rose, making gold more expensive for other currency holders. Focus is now on U.S.Read More

The US dollar remained stable as investors awaited key inflation data. These reports will influence the Federal Reserve’s interest rate decisions. A rate cut is expected at the upcoming policy meeting. The size of the cut depends on the impact of tariffs on prices. Globally, investors are monitoring political developments in Japan, France and Indonesia.Read More

Oil prices saw an increase. This happened after Israel’s strike on Hamas leaders in Qatar. Donald Trump also urged Europe to tax Russian oil buyers. However, market weakness limited the gains. The attack initially boosted prices. But prices fell back after a U.S. response. Concerns remain about Russian oil exports and global supply. Traders anticipate...Read More

Wall Street’s major indexes achieved record closing highs, propelled by UnitedHealth’s strong performance and revised payroll data fueling expectations of Federal Reserve interest rate cuts. Optimism surrounding artificial intelligence and anticipated lower borrowing costs continued to drive the market rally. However, Apple shares declined after the unveiling of new iPhones failed to impress investors.Read More

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Urban Company plans to raise ₹472 crore through fresh equity and ₹1,428 crore via offer for sale. While revenue grew 34.1% to ₹1,144.5 crore between FY23-FY25 and the company turned profitable in FY25, net profit dipped 45% in the June quarter. With a high P/E multiple of 62, the IPO is suitable for investors with...Read More

The Securities Appellate Tribunal (SAT) has directed SEBI to explain why it withheld documents from Jane Street, a US trading firm accused of manipulating the Indian derivatives market. SAT has also halted in-person hearings in the case until further notice.Read More