Global Market: ECB seen holding rates steady while keeping September hike option open

The European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal that further rate increases remain a possibility in September. This cautious approach comes as rising energy prices threaten to reignite inflationary pressures across the euro area. Financial markets are anticipating additional rate hikes, while wage…

Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlook

Nokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence and cloud customers fueled this positive financial performance. The company’s sales to AI and cloud clients doubled, securing substantial new orders. Despite rising chip costs, Nokia raised its 2026 profit guidance. This outlook reflects sustained momentum from infrastructure investments.

MTF risk grows as investors borrow record Rs 1.36 lakh crore to buy stocks. What happens if the market falls?

Indian investors have borrowed a record Rs 1.36 lakh crore through Margin Trading Facility (MTF), even as cash market activity slows. While growing retail participation supports long-term expansion, rising leverage could amplify risks if markets correct, with volatility, margin calls and geopolitical uncertainty posing key challenges for leveraged investors.

BlackRock, Prashant Jain-backed 3P India among others invest in Indo MIM IPO anchor book of Rs 1,141 crore

Indo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions including BlackRock and domestic investors such as Prashant Jain-backed 3P India. More than half of the anchor allocation went to domestic mutual funds, reflecting strong institutional interest in the precision engineering manufacturer.