Asian stocks advanced for a second day as US lawmakers neared a resolution to the government shutdown, boosting global market sentiment. While the US budget deal progress lifted risk appetite, oil prices remained subdued due to oversupply concerns and slowing demand, exacerbated by new sanctions on Russian firms.
Asian stocks rise as US shutdown nears end; oil prices stay under pressure Read More »
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was above 25,550, BSE Sensex was near 83,500.
Stock market today: Nifty50 opens flat; BSE Sensex near 83,500 Read More »
India’s domestic growth cycle may be nearing its lowest point, with supportive factors like low interest rates and easing crude oil prices indicating a potential rebound. HSBC Mutual Fund anticipates a medium-term upward trend in the investment cycle, driven by government spending and private sector revival, despite global uncertainties.
India’s slowdown may be ending; easing crude, steady liquidity boost outlook Read More »
Fintech giant Groww’s grey market premium has significantly dropped, indicating cautious investor sentiment post-Lenskart’s subdued debut. Despite strong IPO subscription, analysts anticipate a modest listing gain, with the stock appearing fully priced. Groww’s robust financials and scalable model offer long-term potential, but near-term upside may be limited.
Groww IPO: GMP drops 70% to Rs 5; analysts see muted listing gains Read More »
Singapore will implement a sustainable aviation fuel (SAF) levy of up to S$41.60 per passenger starting next year to reduce carbon emissions. This charge, applicable to tickets sold from April 1, 2026, will fund SAF purchases, aiming for a 3-5% adoption rate by 2030. The levy varies by travel class and route, with transit passengers
Singapore’s green tax: Air passengers to additionally pay nearly $32 from 2026 Read More »
Investors await allotment results for Billionbrains Garage Ventures’ IPO today. The Rs 6,632 crore issue saw strong demand across all segments, with overall subscription at 17.6 times. While listing gains are expected to be modest, analysts see long-term appeal in Groww’s profitable digital platform, despite a rich valuation.
SBI Securities’ Sudeep Shah highlights M&M and UPL as top stock picks. Nifty shows a strong breakout, retesting support near 25,300, with resistance at 25,650. Bank Nifty leads, displaying robust relative strength and bullish momentum, targeting 59,000. M&M and UPL exhibit positive technicals, suggesting further upside potential.
Gold price prediction: Gold prices are set to react to global economic shifts this week. The US dollar’s strength and reduced expectations for Fed rate cuts are currently impacting gold. Upcoming US government funding news and trade talks between the US and China will be key drivers.
Donald Trump announced a $2,000 per person dividend funded by tariff revenues, excluding high-income individuals. While details on eligibility, structure, and timing remain unclear, the proposal could be implemented through tax changes like deductions and tax-free tips. This initiative, requiring congressional approval, faces scrutiny regarding the legality of tariffs.
Gold and silver prices surged on Monday, driven by heightened safe-haven demand following disappointing US consumer sentiment and employment data. Global spot gold and US gold futures also saw increases. Analysts anticipate continued volatility due to economic uncertainties and potential Federal Reserve rate cuts.
