GST rate cuts on cement and construction materials are expected to lower developers’ input costs by 2-4%, potentially boosting housing demand, especially in the affordable and mid-market segments. This, coupled with the festive season’s increased inquiries and stable interest rates, creates favorable conditions for new project launches and improved affordability. Developers aim to pass on...Read More

Murthy Nagarajan of Tata Asset Management suggests global bond yields will likely remain high as Japan’s yen carry trade unwinds, impacting capital flows and risk sentiment. Rising developed market yields may deter active foreign inflows into Indian debt, favoring passive flows linked to global bond indices. He advises considering sovereign and corporate bonds for portfolio...Read More

Housing & Urban Development Corporation (Hudco) signed a non-binding MoU with Nagpur Metropolitan Region Development Authority (NMRDA) to provide up to Rs 11,300 crore for metro, housing, and infrastructure projects over five years. The pact, attended by Maharashtra CM Devendra Fadnavis, also covers consultancy and capacity-building support. Analysts expect the deal to strengthen Hudco’s long-term...Read More

A White Marubozu is a bullish candlestick pattern in technical analysis. It forms when the opening price is the lowest for a given period and the closing price is the highest.Read More

Indian government bonds are expected to rally following reassurance from the finance minister that the fiscal deficit target will be met and the borrowing plan will remain unchanged. This positive sentiment, coupled with a drop in U.S. yields and the implementation of CRR cuts, has boosted the debt market.Read More

Indian benchmark indices Sensex and Nifty initiated trading on a positive note, fueled by Infosys’ potential share buyback. Gains in banking and consumer discretionary stocks further bolstered the market. Optimism surrounding anticipated GST cuts and growing expectations of a U.S. rate cut this month also contributed to the upward momentum.Read More

A significant rise in futures OI indicates growth in the number of active, unexpired contracts for a security.Read More

A recent Anarock survey reveals that over 90% of prospective Indian homebuyers are worried about soaring property prices, with many ‘very’ or ‘extremely’ concerned. This price surge, averaging over 50% in two years, has impacted buying decisions.Read More

Japanese government bonds experienced a rally on Tuesday as long-term yields, previously at historic highs, attracted buyers. Diminished expectations for central bank rate hikes further supported shorter-dated securities. Sanae Takaichi’s potential leadership, favoring stimulus, fueled concerns about BOJ rate hike reluctance, impacting market expectations and bond performance across different maturities.Read More

Infosys share price: Infosys board is set to consider a buyback proposal on September 11. The move comes after a 25% stock slide in a year, aiming to boost investor confidence amid weak IT sector sentiment, muted growth guidance, and global headwinds.Read More