The U.S. Federal Reserve is unlikely to quickly shrink its balance sheet, even if Kevin Warsh — a critic of bond-buying programmes — takes a leadership role, Treasury Secretary Scott Bessent said. Major decisions could take up to a year, and the Fed is expected to retain a relatively large balance sheet under an ample-reserves...Read More

Indian investors are learning the importance of diversifying beyond domestic equities. Mahesh Nandurkar of Jefferies highlights the need for global exposure. He also notes the Union Budget has become less of a market mover. Corporate earnings are expected to significantly improve next year, driven by factors like inflation and stabilizing interest rates. Nandurkar is optimistic...Read More

In a noteworthy development today, the Indian rupee has shown an upward trend against the US dollar. This increase comes on the heels of a newly forged trade agreement between India and the United States, which will ease import duties on a selection of products. The initiative is geared towards significantly enhancing trade relations.Read More

Fractal Analytics’ Rs 2,834-crore IPO opened today. Initial subscription was low, with only 2% of shares bid for in the first hour. The issue closes on February 11. In the grey market, Fractal shares trade at a small premium. Experts advise long-term investment for this pure-play AI company’s debut.Read More

India’s investment market is in a ‘boring cycle’. Investors should maintain current allocations but expect moderate returns. S Naren of ICICI Prudential AMC advises patience, especially for smallcaps. He highlights India’s potential as an AI user and defends the budget’s STT hike for long-term market health. Precious metals like silver are cautioned against, with gold...Read More

SBI shares jumped 7% after the bank reported strong Q3 earnings, with net profit rising 25% to ₹21,030 crore, beating estimates on higher fee income and lower provisions. Brokerages including Jefferies and Motilal Oswal raised price targets to ₹1,300, citing strong return on equity and value from subsidiaries, implying about 14% upside.Read More

Bitcoin rebounded to $70,000 after a sharp sell-off, with leveraged long positions being flushed out. While major altcoins showed mixed performance, the global crypto market capitalization saw a slight increase. Market sentiment remains cautious, with investors observing macro uncertainties and interest rate outlooks.Read More

The Dow Jones Industrial Average crossed the 50,000 mark for the first time, rising 2.47% (1,206 points) to close at 50,115.67, driven by gains in industrial, financial, and select technology stocks. The rally helped Wall Street recover from a tech-led selloff earlier in the week.Read More

Kalyan Jewellers India’s shares surged 10% to ₹417.75 after reporting a 90.36% jump in Q3 net profit to ₹416.29 crore. This strong performance triggered bullish brokerage calls, with JM Financial setting a ₹750 price target, citing robust same-store sales growth and positive management outlook.Read More

U.S. equity investors are cautious this week as an AI-driven shakeout in heavyweight tech stocks continues, with software shares experiencing a significant rout. Investors are increasingly concerned about AI’s disruptive potential, though signs of rotation to other sectors offer some encouragement. Key economic data on jobs and inflation will also be closely watched.Read More