Page 7 - Markets News
Dollar holds near two-week high as bets rise on September Fed rate hike
The dollar held firm near a two-week high after Kevin Warsh's hawkish remarks lifted expectations of a September rate hike, while the yen slipped below 160 per dollar
 "Dollar holds near two-week high as bets rise on September Fed rate hike")
MSCI rebalancing threatens to turn 'messy' in India's new closing auction
India's new closing auction system will face its biggest test on Monday as MSCI rebalancing sends about $5 billion in passive-fund trades through markets, raising liquidity concerns
 "MSCI rebalancing threatens to turn 'messy' in India's new closing auction")
Breakout stocks: Jindal SAW, Electrosteel Castings, Adani Enterprises
Stocks to buy today: Sachin Gupta of Choice Equity Broking has recommended three stocks to buy today - Jindal SAW, Electrosteel Castings, Adani Enterprises.
 "Breakout stocks: Jindal SAW, Electrosteel Castings, Adani Enterprises")
Chart check: Angel One turns bullish on BEML, BSE in short term
Angel One analyst Osho Krishan recommends two stocks to buy today for the short term: BEML and BSE.
 "Chart check: Angel One turns bullish on BEML, BSE in short term")
Stocks to watch: HDFC Bank, RIL, IGL, Cipla, Oil India, Ather & more
Stocks to watch today: HDFC Bank's shares will remain in focus after bank's MD & CEO, Sashidhar Jagdishan, decided not to seek reappointment.
 "Stocks to watch: HDFC Bank, RIL, IGL, Cipla, Oil India, Ather & more")
Mutual funds add gold and silver ETFs to equity portfolio mix
Move aligns schemes with new norms, may not lead to immediate additions, say MF officials
 "Mutual funds add gold and silver ETFs to equity portfolio mix")
Leadership uncertainty to weigh on HDFC Bank stock in the near term
Improving NIMs, which hit record low in Q1, a key medium-term trigger
 "Leadership uncertainty to weigh on HDFC Bank stock in the near term")
Mcap of 7 of top 10 most valued firms erodes ₹1.13 trn, Airtel worst hit
Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35 per cent, and the NSE Nifty dipped 76.35 points, or 0.31 per cent
 "Mcap of 7 of top 10 most valued firms erodes ₹1.13 trn, Airtel worst hit")
GDP data, crude oil prices likely to drive stock markets in week ahead
Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead
 "GDP data, crude oil prices likely to drive stock markets in week ahead")
Street signs: MSCI rebalancing litmus test for CAS, race to the top & more
MSCI flows, mega IPOs and derivatives auction reforms put India's market infrastructure and investor participation under the spotlight
 "Street signs: MSCI rebalancing litmus test for CAS, race to the top & more")
The great Invit switch: Four to five trusts expected to list by March
Even during challenging periods, Invits have continued to make distributions to investors, reflecting the resilience of the underlying assets, says N S Venkatesh, CEO, Bharat Invits Association
 "The great Invit switch: Four to five trusts expected to list by March")
SBI, SBI Capital Markets to dilute up to 1% stake in NSE via public offer
The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in the exchange, SBI Chairman C S Setty said
 "SBI, SBI Capital Markets to dilute up to 1% stake in NSE via public offer")
Stocks of some Indian banks show widest exchange price gap in decades
Large discrepancies in closing values were seen in IndusInd Bank, AU Small Finance Bank Ltd., IDFC First Bank Ltd., and Federal Bank Ltd.
 "Stocks of some Indian banks show widest exchange price gap in decades")
Sebi bars Debock Industries, promoter for seven years in fraud case
Regulator orders disgorgement of ₹59.30 crore with interest and directs Debock to bring back ₹49 crore allegedly diverted from its 2023 rights issue
 "Sebi bars Debock Industries, promoter for seven years in fraud case")
After strong Q1, NBFC outlook for FY27 robust despite margin pressure
Strong AUM growth and steady credit demand support the outlook, though higher borrowing costs, competitive intensity and potential rate increases could weigh on margins
 "After strong Q1, NBFC outlook for FY27 robust despite margin pressure")
RBI to conduct ₹6 trillion VRRR auction to soak up excess liquidity
Benchmark 10-year government bond yield settles at 6.91 per cent, while the rupee closes at 95.39 per dollar as RBI dollar sales support the local currency
 "RBI to conduct ₹6 trillion VRRR auction to soak up excess liquidity")
FPIs sell ₹5,040 crore worth of equities, highest since June 8
Friday's selling wiped out most of the net FPI inflows recorded in August, reducing net buying to ₹454 crore; DIIs purchased equities worth ₹5,184 crore
 "FPIs sell ₹5,040 crore worth of equities, highest since June 8")
Balkrishna Industries set to maintain growth edge over tyre industry peers
Strong volume growth in Europe and India is expected to support Balkrishna Industries, while calibrated price increases could help margins recover gradually
 "Balkrishna Industries set to maintain growth edge over tyre industry peers")
Bernstein retains Nifty target of 26,000, flags policy-driven distortions
Brokerage says subsidies, GST cuts, external borrowings and wage revisions are shaping earnings and valuations, favouring select sectors but limiting index returns
 "Bernstein retains Nifty target of 26,000, flags policy-driven distortions")
Centre announces ₹30,000 crore govt securities buyback via auction
Buyback covers four government securities maturing between October 2026 and February 2027, with the auction to be conducted using the multiple-price method
 "Centre announces ₹30,000 crore govt securities buyback via auction")