Reseñas

The expectation of a modest interest rate cut by the US Federal Reserve has also boosted market sentiment. Investors believe that lower rates will stimulate economic growth, particularly benefiting sectors such as IT and Pharma, which heavily rely on US revenue.

​Geopolitical risks remain and from that construct when you look at our markets, it is possible that we do see some near-term volatility simply because we have outperformed in a big way.

Western Carriers (India), a multimodal, asset light logistics company, plans to raise Rs 400 crore through an issue of fresh equity to repay debt and to fund capital expenditure, and another Rs 93 crore through an offer for sale by the promoters.

Godrej Capital, part of Godrej Industries Group, plans an IPO in the next two to three years. The company aims to raise ₹500 crore-₹1,000 crore from its parent for lending. With a goal of reaching ₹50,000 crore AUM by FY28, it currently has ₹10,500 crore AUM and focuses on MSME Continue Reading

Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used to refinance existing debt. The bond sale attracted strong interest from global investors, with orders totaling $1.45 billion, indicating confidence in Vedanta’s growth and financial stability.

Investors are increasingly turning to gold ETFs due to favorable tax changes, reduced customs duty, and the absence of new Sovereign Gold Bonds. Over the past four months, gold ETFs have seen significant inflows, driven by these factors and geopolitical uncertainties that are expected to keep gold prices strong.

Sebi employees and its chief Madhabi Puri Buch remain at odds over HR issues, despite recent negotiations. Around three-fourths of Sebi’s officers oppose a September 4 statement blaming external elements for staff complaints. Employees have staged silent protests, while Buch has not directly engaged in the talks.

Big bettors are questioning WazirX, the cryptocurrency exchange facing insolvency in Singapore after a major crypto heist. Two large investors, Bitcipher Labs and NextGenDev, are uncertain why they are listed as creditors of Zettai, a Singapore company, when their dealings were with Indian entity Zanmai.

Stocks in news: Shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, and NBCC will be in focus due to various news developments including investments, collaborations, and project approvals.

The upcoming share sale starts on Thursday for non-retail investors, with retail investors getting their chance on Friday. Proximus Opal currently holds a majority stake in Route Mobile. This offering aims to comply with SEBI’s regulations on minimum public shareholding.