Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq’s gains.Read More

The pan-European STOXX 600 closed up 0.91% at 568.01. Major regional bourses also ended higher, with Germany’s DAX and France’s CAC up 1% and 0.8%, respectively.Read More

Saurabh Mukherjea says India’s consumption revival is already visible, with Q3 likely to deliver the strongest Nifty earnings in over two years. He argues the middle class needs another 100 bps of rate cuts and higher tax relief, funded by moderating capex. Mukherjea remains bullish on Trent and expects broader earnings to improve as consumption-led...Read More

The Indian paint industry is experiencing a significant shift with surging demand and a new major competitor. While the newcomer initially employed aggressive tactics, its revenue has plateaued, prompting a move towards rational competition. Established players, particularly Asian Paints, are responding with increased advertising and dealer engagement, positioning them well for future growth.Read More

“Due to non-standardization of documents and different approaches followed by RTAs/listed companies, investors feel the pain of going for varied documentation for various listed companies,” Sebi noted.Read More

The yield guidance for its 7.5-year yuan-denominated OFZ government bonds has been set at no higher than 7.5%, the source saidRead More

The uptake was also lower, with 43% of the bonds on offer sold, compared with 66% last week, according to a Hanoi Stock Exchange filing.Read More

The crypto market is consolidating, with Bitcoin hovering near $87,000 and Ethereum below $3,000. While some altcoins saw gains, others slipped, and the global market cap dipped slightly. Experts anticipate a consolidated bullish week ahead, with Bitcoin potentially attempting to reach $88,000 again.Read More

Nuvama Research has initiated coverage on Premier Energies with a “BUY” rating, citing strong growth prospects in India’s expanding New Energy ecosystem. Backward integration, rising capacities, supportive policies, and robust cash flows position the company for sustained expansion. Despite medium-term margin pressures, Premier remains well placed to benefit from sectoral tailwinds and emerging technologies.Read More

Canara and ICICI Bank are set to raise a combined Rs 7,500 crore through AT1 and Tier-2 bonds this week. ICICI targets Rs 4,000 crore, while Canara plans Rs 3,500 crore, aiming to maintain strong capital adequacy and bolster long-term financial stability.Read More