Indian markets reacted positively as the US Federal Reserve cut interest rates. The Dow Jones surged over 500 points. The Fed indicated a pause in further rate reductions, boosting investor confidence. Projections for economic growth were also raised. This move signals a stable economic outlook, encouraging investment in equities.Read More

TotalEnergies Renewables Indian Ocean divested shares worth ₹2,778.1 crore in Adani Green Energy through a block deal on Wednesday. The entity sold 2.86 crore shares at ₹970 each, reducing its stake by 1.74%. Quant Mutual Fund and Authum Investment & Infrastructure were among the buyers.Read More

Kotak Securities is optimistic about the stock markets, setting a Nifty target of 29,120 by December 2026, driven by strong earnings growth expectations. The brokerage anticipates over 17% earnings growth for 2027, with improved macro conditions and policy decisions expected to fuel gains. They favor BFSI, technology, healthcare, and hospitality sectors, while also noting positive...Read More

Adani Enterprises’ ₹25,000 crore rights issue concluded with 108% subscription, attracting applications for 149.5 million shares. The issue, priced at ₹1,800 per share, saw public investors oversubscribe their portion by 30%. Funds raised will be used for debt reduction and capital expenditure.Read More

Savings deposits in rural centres also posted a robust 10% increase, the fastest pace in six quarters. Experts attribute this shift to rising rural incomes while growth in the metro areas appears to be losing momentum as financially savvy investors increasingly divert funds into higher-yielding avenues such as mutual funds and equities.Read More

Federal Reserve Chair Jerome Powell indicated the central bank is well-positioned to pause interest rate adjustments, awaiting further economic data. Having already cut rates by 75 basis points this year, the Fed funds rate is now considered within its neutral range. Powell clarified that a rate hike is not the base case for future policy...Read More

Pension regulator PFRDA has revised investment rules, allowing private pension funds to invest in the top 250 market-cap stocks and gold/silver ETFs for better returns. These changes aim to boost pension fund popularity by offering wider options to savers, with the private sector overseeing ₹15.78 trillion in assets.Read More

Silver prices surged by ₹11,500 to a fresh peak of ₹1,92,000 per kilogram in New Delhi, marking the steepest single-day rise in nearly two months. This surge was driven by robust domestic demand and global cues, with silver prices adding over 114% year-to-date.Read More

Wakefit Innovations’ IPO saw a subscription of 2.52 times, with strong interest from retail and qualified institutional investors. Meanwhile, Corona Remedies’ pharmaceutical IPO was heavily oversubscribed at 137.04 times, driven by significant demand from qualified institutional and non-institutional investors.Read More

Large-cap stocks are expected to lead market gains in the coming years. Motilal Oswal Financial Services chairman Raamdeo Agrawal sees significant potential in autos and capital markets. He believes the economy is transitioning towards car ownership, similar to China’s growth phase. Specific companies in these sectors are highlighted as strong investment opportunities for wealth creation.Read More