Indian equity markets opened yesterday with a strong gap-up and extended gains throughout the session. The Indian Rupee appreciated from lower levels, boosting investor sentiment significantly. Foreign portfolio investors were net buyers, adding to the positive market momentum. Analysts suggest the index may head towards key resistance levels soon. The India VIX, a fear gauge,…

Adani Ports reported a 10.2% profit increase for the June quarter. Higher cargo volumes and international port business fueled this significant growth. Revenue from operations climbed 18.6 percent to ₹10,820.80 crore. The company’s international ports business saw revenue surge eighty percent. Domestic ports revenue grew twelve percent as cargo volumes increased.

The latest Grey Market Premium (GMP) stands at Rs 190, implying a premium of nearly 39% over the IPO’s upper price band of Rs 485 per share. If current grey market trends hold, the stock could debut at around Rs 675 per share.

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Asian stocks fluctuated on Thursday as semiconductor shares declined. Treasury yields reached multi-decade highs following the Federal Reserve’s policy decision. Microsoft’s cloud growth boosted its stock, while Meta’s forecast caused a slide. South Korea implemented measures to stabilize its stock market after a significant rout. Oil prices edged lower amid reports of US air strikes…

Federal Reserve officials decided to keep interest rates unchanged this week. A fractured vote indicated some policymakers favored a rate increase. Recent inflation data showed a slight easing, influencing the committee’s decision. However, escalating geopolitical tensions and tariffs are fueling inflation concerns. Officials remain committed to achieving their two percent inflation target.

Gold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent. This expansion will take the market to thirty lakh crore by March 2028. NBFCs’ market share is expected to rise to twenty-three percent by 2027-28. New players and banks entering the segment…

Patanjali Ayurved and Dharampal Satyapal Group secured IRDAI approval for Magma General Insurance. This acquisition marks Patanjali’s significant entry into the financial services sector. Patanjali will acquire a majority stake, while DS Group will become a co-investor. Magma General Insurance has shown strong premium growth and achieved profitability. Patanjali plans to expand the insurer’s product…

In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits from non-financial entities such as trusts, limited liability partnerships (LLPs), and partnerships to 40% from 100% earlier. The change lowered projected 30-day cash outflows for banks, providing flexibility to the LCR mandate.

Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed higher, reflecting positive investor sentiment. Declining crude oil prices and a stronger rupee also supported market gains. Foreign and domestic institutions were net buyers of shares.