Signs of a nearing US-China trade deal sparked a broad market rally, boosting stocks, oil, and copper, while Treasuries and gold declined. Investors are anticipating a potential accord, with top negotiators reporting progress on contentious issues. This development is seen as a short-term risk-on cue, though sustainability hinges on fundamental backing.Read More

Adani Group companies are actively raising substantial funds through long-term corporate bonds. Mutual funds, insurers, and banks are investing heavily in these issuances. The group has tapped the domestic bond market multiple times, offering maturities of up to 19 years. These bonds are attractive to institutions seeking long-term, high-rated instruments.Read More

Overseas fund managers are exhibiting their most bullish sentiment towards Indian equities since July, significantly reducing bearish wagers in Nifty futures. This shift follows a recent market bounce, bringing indices close to all-time highs. Foreign portfolio investors have also turned net buyers in October after substantial September sales, potentially fueling further gains.Read More

Recent market behavior shows fragility despite low overall volatility, with the VIX surging on minor S&P 500 drops. This extreme reaction, exceeding past events, was amplified by option market makers covering short positions and hedging. The pattern of calm punctuated by sharp swings highlights market dynamics influenced by ETP growth.Read More

Nifty ended lower on Friday, breaking a six-day rally due to US sanctions on Russian oil and investor profit-taking. Indian equities are expected to trade range-bound, influenced by global cues, upcoming results, and macro data. FII inflows and positive management commentary could support momentum, though profit booking is anticipated.Read More

Markets saw a decline on Friday, with the Nifty slipping nearly 0.4% amid profit booking and FMCG sector weakness. Analysts remain bullish, advising selective stock picking in strong sectors. Several companies like LIC, Sobha, Ola Electric, and Kotak Bank are in focus due to news and earnings.Read More

Key tech giants, including Microsoft, Alphabet, Meta, and Apple, are set to report earnings this week, with investor focus on their artificial intelligence outlooks. Strong earnings season performance has bolstered the S&P 500, but sustained gains hinge on assurances from these companies regarding AI investment returns.Read More

European Central Bank Governing Council member Jose Luis Escriva expressed satisfaction with current borrowing costs, deeming them appropriate as inflation has reached the 2% target. Policymakers are widely expected to maintain the deposit rate at 2% at the upcoming October 30 meeting and again in December, with no further rate adjustments anticipated.Read More

Global central banks are reducing US Treasury holdings and increasing gold reserves. India’s gold reserves surpassed $100 billion. Gold prices experienced a significant drop, which is expected to boost demand from investors and central banks. This shift indicates a diversification strategy amid political uncertainty. The trend shows a move away from dollar assets towards gold.Read More

Toru Nakashima, the global CEO of Sumitomo Mitsui Banking Corporation, recently engaged with employees at Yes Bank, emphasizing his commitment to their future. He conveyed a message of confidence regarding job security and anticipated growth, following SMBC’s recent acquisition of a 20% stake in the bank.Read More