Despite RBIs rate cuts, corporate bond yields remain elevated due to slow monetary transmission, high issuance, and global uncertainties. While yields softened slightly in October, supply-demand dynamics and investor caution keep them firm. Strong GDP growth, attractive spreads, and potential future rate cuts make corporate bonds an appealing investment option.
Indias primary market is set for a busy week, with Rs 6,900 crore expected from 12 IPOs. Meesho leads the lineup with its Rs 5,421-crore issue, alongside Aequs and Vidya Wires on the mainboard. Nine SME IPOs will also open, keeping subscription activity high as December begins.
Under the changes adopted on 13 November, a new Federal Constitutional Court (FCC) has been given powers over constitutional cases, replacing the previous authority of the Supreme Court, which will now only deal with civil and criminal cases.
Amidst a whirlwind of political drama, a judge has commenced an inquiry into some of the actions of the Trump administration. In a strange turn of events, two flights carrying Venezuelan refugees were rerouted to El Salvador instead of returning to the US. The judge suspects his directives were disregarded and is now requesting formal statements from involved officials.
Airbus A320 recall: In one of the biggest recall in aviation history, Airbus issued an advisory for its Airbus A320 aircraft. The directive was issued after a critical software flaw was found during a flight in October 30 which experienced sudden plunge. As per the investigation, an intense solar radiation corrupted the data, causing the aircraft to plunge. This led to a global recall of thousands of A320-family jets.
A Rs 500 SIP started at age 16 can be a powerful first step toward building future business capital. Experts say early investing matters more than the amount. A Balanced Advantage Fund, such as ICICI BAF, can offer growth with controlled risk, helping young investors begin their long-term wealth journey.
Indian markets saw a surge in stock prices on Friday. Retail and technology sectors led the gains. Investors anticipated a Federal Reserve interest rate cut. Major indexes recorded weekly gains. The Nasdaq experienced a monthly decline due to AI valuation concerns. A CME Group outage briefly disrupted trading. The holiday shopping season commenced with Black Friday and Cyber Monday.
