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We do believe that with the reduction in taxes to boost consumption as well as interest rate cut by the RBI will certainly give boost to private investments.
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News and Media
Ajax Engineering listed at an 8.4% discount on Monday, debuting at Rs 576 on the NSE and Rs 593 on the BSE, compared to its issue price of Rs 629. However, the stock recovered to close at Rs 593.40 on the NSE, up 3% from the listing price, and at Rs 595.60 on the BSE, gaining 0.44%.
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News and Media
Fed Governor Chris Waller explains that rising long-term bond rates, despite Fed rate cuts, stem from concerns over large U.S. fiscal deficits and the market's ability to absorb them.
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News and Media
Japanese and South Korean equity indexes traded in a tight range, while those in Australia declined. Futures pointed to gain in Hong Kong and an advance in US benchmarks after a holiday on Monday.
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News and Media
Titan Co is in discussions with Qatar's Mannai Corp to acquire a stake in Damas Jewellery, estimated at 4,500 crore. The acquisition would boost Titans presence in the GCC region. Previous talks failed due to valuation disputes, but renewed negotiations indicate strong interest from Titan.
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News and Media
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