ICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages to slash target prices and downgrade ratings. Analysts cited weak underwriting, higher claims, regulatory headwinds and slower premium growth, raising concerns over the near-term profitability outlook for the general insurer.

Revised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially hurting derivatives trading volumes. Analysts say the move, along with higher STT, may weigh on the valuations of exchange operators such as NSE, BSE and MCX.

Money market funds are shortening portfolio maturities due to Federal Reserve rate path uncertainty. Managers are favoring floating-rate notes and repurchase agreements for flexibility. This defensive shift occurs as fund assets reach record highs near $8 trillion. They balance limited overnight returns with duration risk from longer maturities. Interest rate futures suggest a potential Fed…

South Korea’s Financial Services Commission (FSC) is set to introduce new measures for single-stock leveraged ETFs as it steps up efforts to curb excessive market volatility and strengthen investor protection, Reuters reported.

Federal Reserve Chairman Kevin Warsh prefers less market signaling on monetary policy. He emphasizes evaluating economic data before adjusting interest rates. Other Fed officials, however, offer clearer views on inflation and policy paths. Rising fuel costs and AI investment add new economic uncertainties. Markets seek more guidance ahead of the upcoming Federal Reserve meeting.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…