Indian markets surged on Wednesday, fueled by renewed tech sector strength and growing expectations of a December interest rate cut by the U.S. Federal Reserve. Nvidia’s positive earnings and Dell’s strong forecast boosted investor confidence, overshadowing concerns about tech valuations. Airlines also saw significant gains, signaling a robust holiday shopping season ahead.Read More
U.S. stock indexes were set for a higher open as investors digested economic data suggesting the Federal Reserve may cut interest rates in December. Lower jobless claims and stronger capital goods orders bolstered expectations for a Fed cut, with markets pricing in an 84.9% chance. Focus now shifts to the Beige Book for further economic...Read More
Asian markets are rising with Wall Street. Investors anticipate interest rate cuts from the US Federal Reserve. This optimism is boosting global stocks. Money markets now expect multiple rate reductions. Recent US economic data shows mixed signals but supports the Fed’s potential easing. Bitcoin also saw a significant jump.Read More
Indian equities experienced a strong rebound, with the Nifty nearing its record high, driven by positive Q3 demand, expected capex pickup, and potential rate cuts. Analysts remain optimistic about the market’s favorable backdrop, anticipating a potential breach of all-time highs.Read More
Indian markets surged on the new expiry day, erasing recent losses. Strong domestic and global factors fueled the rally. The Nifty is nearing its all-time peak. Companies like Paytm, M&M, Bajaj Auto, Zydus Life, and Ashoka Buildcon are in focus due to significant news. Investors are advised to maintain a positive stance.Read More
Municipal bonds in India have reached a record high this fiscal, surpassing ₹1,000 crore, driven by government interest subsidies and SEBI’s encouragement. The Nashik Municipal Corporation recently raised ₹200 crore, highlighting the growing attractiveness of this funding avenue for urban local bodies undertaking developmental projects.Read More
Prashant Jain, co-founder of 3P Investment Managers, anticipates Indian large-caps to compound at 11-12% over the next three to five years. He expresses caution on popular themes like consumption and manufacturing, citing expensive valuations, and believes small- and mid-caps have overshot fair valuations due to a surge in new investors.Read More
Indian equity indices surged over 1% on Wednesday, mirroring global gains as softer US retail sales data fueled expectations of a December Federal Reserve rate cut. The Sensex and Nifty neared record closing levels, driven by strong investor sentiment and foreign inflows. All sectoral indices ended higher, with metals leading the advance.Read More
As the financial landscape evolves, Indian banks are on a robust quest for capital through bond markets. This week, Canara and ICICI banks are poised to unveil bond offerings amounting to an impressive ₹7,500 crore. In a recent maneuver, Axis Bank successfully raised ₹5,000 crore through a strategic private placement of non-convertible debentures.Read More
Irdai, India’s insurance authority, is stepping up to harmonize relations between health insurers and hospitals through active discussions with industry representatives. Their talks revolve around crucial elements such as claim settlements, rate structures for medical packages, and the facilitation of cashless insurance services.Read More
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