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Business
Dollar holds gains ahead of Fed policy signal, RBNZ decision
The US dollar is sticking close to a two-week high ahead of crucial central bank policy announcements. The Federal Reserve is anticipated to maintain its current interest rates, while market watchers speculate on future...
Pre-market action: Here's the trade setup for today's session
Markets experienced volatility on the monthly expiry day, resulting in a largely unchanged ending. Analysts suggest that a decisive move above the 20-DEMA could enhance recovery prospects. While Foreign Portfolio Invest...
Stocks in news: Jio Platforms, RIL, Infosys, L&T, Tata Capital, Waaree Energies and Vedanta Iron
Indian benchmark indices saw a volatile session amid the Nifty and Bank Nifty monthly expiry. Stocks like Jio Platforms made headlines following its IPO debut after raising significant funds. Reliance Industries remaine...
US stocks today: US stocks end higher as AI rally lifts Nasdaq ahead of Fed decision
US stocks saw gains as renewed optimism about artificial intelligence lifted chipmakers while corporate earnings were evaluated. Although concerns about AI spending persist, news of Anthropic's IPO provided a relief ral...
India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam Gupta
Reserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that India has managed over 7 percent growth despite challenging circumstances in recen...
US Fed opens two-day meeting with markets expecting rate hold
Policymakers at the US Federal Reserve opened a two-day meeting Tuesday to set interest rates, with markets expecting them to hold steady days ahead of crucial midterm elections. On Tuesday, markets put the probability...
Market wrap: Bharti Airtel, Tata Consumer, Asian Paints, Coal India top gainers and losers on Nifty and Sensex on Tuesday
Indian equity benchmarks ended nearly flat on Tuesday, with the Nifty 50 slipping 0.02% and the Sensex falling 8 points amid elevated crude prices and caution ahead of the US Fed decision. Tata Consumer and Bharti Airte...
Global Market: European shares fall as HSBC earnings drag banking stocks
European shares fell as HSBC's disappointing revenue weighed on banking stocks, while political unrest in France dampened investor sentiment. The STOXX 600 slipped, with gains in healthcare stocks following Novartis' up...
Rupee boxed in range; traders focus on oil, outflows and RBI's defence
The Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challenges, including escalating oil prices and considerable equity outflows, are to bla...
Global Market: JGB yields climb as investors await BOJ, Fed policy decisions
Japanese government bond prices declined as a rally in AI-related equities reduced demand for safe-haven assets. The benchmark 10-year JGB yield rose to 2.795%, while shorter- and longer-term yields mostly increased. In...
Global Market: China, Hong Kong stocks slip as technology shares extend losses
China and Hong Kong stocks edged lower as weakness in technology and AI-related shares outweighed faster industrial-profit growth and fresh liquidity support from China’s central bank.
Jio Platforms shares to list on BSE, NSE tomorrow; GMP signals 22% premium
Jio Platforms shares are set to list on the BSE and NSE on October 28, with the IPO commanding a grey market premium of around 22%. The Rs 30,213-crore issue was subscribed 22.19 times, led by strong institutional deman...
Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filing
Japan’s Nikkei surged nearly 2%, snapping a three-session losing streak, as Anthropic’s US IPO plans and gains in American semiconductor stocks boosted AI-linked shares such as Advantest, SoftBank and Tokyo Electron.
AI stocks rally after Anthropic IPO filing, Nvidia gains nearly 3%
AI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing over 3%. Chipmakers, data centre operators and AI infrastructure firms also adva...
Indian bonds tick up on calm oil before Fed verdict
In early trade, Indian government bonds improved as oil prices found stability after last week's surge. Traders remained cautious ahead of a significant policy decision by the US Federal Reserve on Wednesday. India's bo...
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion. While the listing would open up investment opportunities in a leading AI devel...
Didn’t get Jio IPO shares? Experts decode the listing-day playbook for investors
Jio Platforms’ Rs 30,188-crore IPO was subscribed 22.19 times, with the final issue price set at Rs 1,119 per share. As the stock prepares to list on the NSE and BSE on October 28, investors who missed the allotment are...
Jio IPO: Can India’s biggest-ever issue buck the trend of muted listing gains among mega IPOs?
Jio Platforms is gearing up for a groundbreaking debut on October 28, following a remarkable Rs 30,188 crore IPO. Historical insights indicate a varied trajectory for past mega IPOs in India. The overwhelming demand is...