The Indian rupee hit a new record low against the U.S. dollar, falling past 90.4675 due to the lack of a trade deal with the U.S. and corporate dollar outflows. The central bank reportedly intervened mildly to slow the currency’s depreciation rather than defend a specific level.Read More

Kaynes Technology’s steep decline has sparked intense scrutiny after accounting inconsistencies flagged by Kotak raised concerns over disclosures and smart-metre dependence. While this triggered the sell-off, most brokerages argue fundamentals remain intact, valuing the stock attractively despite working-capital stress and revised guidance. Analyst views remain divided but broadly constructive with improvement triggers ahead.Read More

In the September quarter, retail investors increased holdings in 133 stocks (market cap above Rs 2,500 crore, net sales over Rs 100 crore, net profit margin above 10% for four consecutive quarters), excluding banks and financials.Read More

Goldman Sachs sees the rupee nearing a turning point after breaching 90 against the dollar, but warns that trade uncertainty and external account pressures could dictate its next move. While fundamentals remain stronger than past stress episodes, the currency’s near-term trajectory hinges on U.S.–India tariff negotiations and capital flow recovery.Read More

Investor attention is returning to India’s infrastructure sector as order flows increase. Analysts expect this trend to continue into next year. The EMS sector is experiencing a growth normalization, leading to valuation concerns. Public sector banks, however, continue to present value opportunities. Experts highlight Bank of India as a key pick, anticipating a re-rating to...Read More

Despite U.S. rate cuts, IT sector growth remains subdued due to AI disruption, with midcap services firms offering better prospects. Aviation faces near-term pain from weak margins and operational challenges. The metals sector, however, shows promise with healthy consolidation and strong domestic demand, despite global vulnerabilities.Read More

Japan’s Nikkei share average closed 0.9% lower, led by a sharp 7.69% decline in SoftBank Group. This fall mirrored Oracle’s significant drop after missing U.S. earnings forecasts, raising concerns about their joint AI data center project. Other tech and bank shares also declined, though Advantest and Mitsui & Co bucked the trend.Read More

The Federal Reserve will soon begin purchasing approximately $40 billion monthly in short-dated government bonds to manage market liquidity and maintain control over its interest rate target. This move, aimed at ensuring ample reserves, follows the recent halt of quantitative tightening and aims to prevent a repeat of 2019’s market volatility.Read More

Japanese government bonds saw a rise on Thursday, driven by a strong 20-year bond auction that attracted the highest demand in over five years. This robust demand led to a decline in 20-year JGB yields, reaching their lowest point since early December.Read More

U.S. Treasuries rallied Thursday after the Federal Reserve’s less hawkish outlook and announcement of imminent Treasury bill purchases. The Fed’s move, larger and earlier than expected, aims to ease money market strain. This, coupled with a dovish tone from Chair Powell, reinforced expectations of future rate cuts, pushing bond yields lower across the curve.Read More