Fitch affirmed the U.S. credit rating at “AA+” on Friday, highlighting concerns over rising debt levels while also citing the country’s large, high-income economy, and its financing flexibility due to the dollar’s role as global reserve currency. High fiscal deficits and increasing government debt levels constrain the U.S. rating, even if a surge in revenue […]
5 world market themes for the week ahead
Nvidia earnings are in the spotlight as pressure on tech stocks rises, while Ukraine and political developments in Japan could also grab attention. 1. NVIDIA NEXT Nvidia’s August 27 earnings report takes on greater significance after tech shares stumbled this week on some caution over the AI boom. Its dominant position in AI chips has […]
Nifty ready for Monday gap-up opening after Jackson Hole speech. What traders should know
Global markets ended the week on a firm note as U.S. Federal Reserve Chair Jerome Powell signaled that the central bank remains open to cutting interest rates in the near term, raising hopes of a September move. His remarks at the Jackson Hole Symposium lifted sentiment across Wall Street, with spillover effects seeming to be […]
Concurrent Gainers: 8 stocks that gain for 5 days in a row – Consistent performers
Over the five trading sessions ending August 22, the Sensex rose by approximately 0.88%, closing at 81,306. The benchmark index finished in the green on four out of those five sessions. During this upward trend, eight stocks from the BSE200 index recorded gains on each of the five trading days. The list includes prominent names […]
Selling pressure persists; FIIs offload Rs 25,564 crore worth equities in August so far
Foreign Institutional Investors (FIIs) continued their selling spree in August, offloading equities worth Rs 25,564 crore through the exchanges up to August 23. This took the total equity selling by FIIs this year up to that date to Rs 1,57,440 crore, according to market data. FIIs have not only been sellers in equities but have […]
Axis Securities picks HDFC Bank among 6 top conviction banking ideas. Check full list – Banks – Review and outlook
The banking sector witnessed a mixed quarter in Q1FY26, with larger private and PSU banks managing margins better than expected, while mid-sized players and small finance banks faced sharper compression. Credit growth stood at 11% YoY, supported by retail and SME lending, though corporate credit remained sluggish due to competitive pricing pressure. Looking ahead, growth […]
SBMC receives RBI nod for 25% stake acquisition in Yes Bank, not to be classified as promoter
Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% of the bank’s paid-up share capital and voting rights. Importantly, RBI has clarified that following this acquisition, SMBC will not be classified as a promoter of Yes Bank. The bank […]
Nifty 50 rejig: Hero MotoCorp, IndusInd exit index to make way for IndiGo, Max Healthcare. Check details – Nifty 50 rejig– September 2025
The National Stock Exchange (NSE) has announced changes to the benchmark Nifty 50 index as part of its semi-annual review of broad market indices. The revisions were approved by the Index Maintenance Sub-Committee (Equity) of NSE Indices Limited and will take effect from September 30, 2025 (based on September 29 close). This periodic review is […]
‘Your funeral won’t have 10 followers’: Investor owning 1 share stuns microcap AGM
A virtual annual general meeting of GKB Ophthalmics, a microcap firm in the medical equipment segment, has gone viral on social media after a shareholder who reportedly owns just one share launched a strongly worded attack on the company’s management. The video, widely circulated by several X users in their posts, shows investor Abhishek Kalra […]
Wall Street got the rally signals from Powell it was hoping for
For much of this month, Wall Street traders piled into stocks and bonds, betting that the Federal Reserve was finally ready to start cutting interest rates again. All they were waiting on was the green light from Jerome Powell to keep the rally going.They got exactly what they were looking for on Friday, when the […]