Latest Updates Around The World
Indian government bonds trudged sideways for most of the session on Monday to end marginally lower, with traders awaiting more robust signals starting with Tuesday’s sovereign debt auction. The yield on the 10-year benchmark bond stood at 6.5464%, after closing at 6.5345% on Friday. Bond yields rise when prices fall.Indian states will raise 178 billion […]
According to CEO Nithin Kamath, Zerodha is gearing up to let its users invest directly in US stocks in early 2026. This is one of the company’s most anticipated product launches, aimed at tapping into the growing demand for global investments. Bengaluru-based Zerodha plans to roll out US equity investments for its clients in the […]
Indian equities are on the cusp of a strong upward cycle after nearly a year of consolidation, said Vikas Khemani, founder and CEO of Carnelian Asset Management. Khemani expects the Nifty to scale 29,000 to 30,000 units in the current Samvat year, predicting a market return of 15 to 20%, supported by rising liquidity, policy […]
In a landmark ruling, the Madras High Court has ruled that cryptocurrency now qualifies as ‘property’ under Indian law, an asset that can be owned, enjoyed and held in trust. “There can be no doubt that cryptocurrency is a property. It is not a tangible property nor is it a currency. However, it is a […]
Real estate firm Godrej Properties expects revenue of over Rs 10,000 crore from an upcoming housing project in Mumbai’s Worli. The upcoming project ‘Godrej Trilogy’, covering 2.63 hectares, will include three residential towers. In the first phase, the company will launch two towers this quarter. In a regulatory filing on Monday, the company said it […]
India’s stock benchmarks the Sensex and Nifty rose sharply on Monday as softer-than-expected US inflation data reinforced expectations for additional Federal Reserve rate cuts in 2025 and signs of progress in US-China trade talks, among other factors, lifted investor sentiment. The S&P BSE Sensex rose over 700 points to an intraday high of 84,932.08, while […]
Shares of Federal Bank rose as much as 3.4% to a record high of Rs 235.20 on the BSE on Monday, extending Friday’s rally after Blackstone announced a $705 million investment for a 9.9% stake in the private lender. The move positions the US private equity giant as Federal Bank’s largest shareholder and underlines the […]
Eyewear retailer Lenskart is gearing up for its stock market debut, with its initial public offering (IPO) opening for public subscription on Friday, October 31. In the gray market, Lenskart’s IPO is currently trading at a premium of around 19% over the issue price of Rs 402 per share, indicating strong investor interest ahead of […]
India’s capital market stocks have stood the test of successive earnings cuts, rate shocks and regulatory changes and have emerged as standouts, with returns of up to 70% in the past year, thanks to increasing financialization and digitalization of assets. The Nifty Capital Markets Index’s robust 30% return remains the best among all Nifty’s thematic […]
KSE Ltd, a smallcap company listed on the BSE, is all set to undergo a stock split and today is the last day for investors to buy their shares to qualify for the corporate action. The company had earlier set Tuesday, October 28, as the record date for determining eligible shareholders for the subdivision of […]
