The Economic Times

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Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high, with underlying inflation at about 2.5 to 3%. Paulson characterized the US economy as relatively strong despite external pressures from tariffs and the Middle East conflict. Policymakers expect one further rate increase by the end of the year to manage inflation levels.

In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open on September 25 with a set price range of Rs 30-32 per share. Major allocations were made to funds like Negen Undiscovered Value Fund and Singularity Growth Opportunities Fund II.

Sebi has widened the definition of accredited investors by introducing new asset criteria for individuals and corporates. The board approved a common advertisement code that allows celebrity endorsements for brand promotions while restricting specific product advertisements. Furthermore, the agency introduced a new settlement scheme for non-genuine trades in illiquid stock options. Changes aim to simplify accreditation procedures and encourage listing of non-convertible debt securities.

Sebis board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities.

HDFC Mutual Fund bought 25 lakh PB Fintech shares worth about Rs 321 crore at Rs 1,282.30 each, even as the stock plunged 36% after IRDAI proposed renewed insurance commission caps, raising concerns over the companys general insurance revenues.

Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs, crude stayed above $100 and geopolitical concerns intensified. Financial stocks led losses, while market breadth remained heavily negative.

Sebi expanded its vault managers framework beyond Electronic Gold Receipts to cover bullion underlying specified ETFs and derivatives, while raising vault managers net-worth requirement to Rs 75 crore and strengthening security, segregation, compliance and governance requirements.

Nadir Burjor Godrej and Adi Godrej's heirs recently acquired a 1 percent stake in Godrej Consumer Products, purchasing 1,02,30,000 shares at Rs 880 each, totaling over Rs 900 crore. This transaction occurred via block deals from two entities within the promoter group. Notably, despite this shift in shareholding, the overall ownership percentage among the promoters remained unchanged.

India's markets regulator has received about 3,500 responses to proposed changes in the closing auction session framework, its chairman Tuhin Kanta Pandey said on Thursday. A short

Indian equities ended higher as investors focused on domestic growth momentum despite crude volatility and geopolitical risks. For Friday, analysts recommended Texmaco Rail, South Indian Bank and Allied Blenders.

Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial businesses, citing IRDAIs proposed insurance commission changes. He warned that regulatory shifts affecting broking, F&O, client float and MTF can rapidly alter business economics and valuations.

Shares of MGM Resorts fell significantly after the withdrawal of an $18 billion buyout offer from People Inc. According to Barry Diller, the proposed buy was not developing as anticipated. The deal was aimed at expanding People Inc's operations beyond traditional media ventures. MGM owns significant assets on the Las Vegas Strip, but its growth has been inconsistent recently.

Wall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike in Treasury yields during this period. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened lower this morning. Investors are also showing caution ahead of a significant summit between Donald Trump and Xi Jinping.

The National Stock Exchange recently celebrated a milestone with its highly anticipated IPO, entering the stock market with shares opening at Rs 1,800, surpassing the issue price of Rs 1,785. The chairperson and CEO expressed a commitment to prioritizing public interest while driving growth, as the IPO drew impressive institutional interest, reflecting strong investor belief in the exchange's promising future.

India has officially permitted foreign investors to trade in physically settled contracts for non-farm commodities, aiming to enhance liquidity in the market and align with international standards. Concurrently, portfolio managers are now authorized to manage overseas assets and invest in foreign securities. Strict regulations will ensure that these foreign investors do not partake in the actual delivery of commodities.

Sebi has revoked the registrations of Religare Capital Markets and 11 other entities due to their failure to pay required renewal fees for research analyst registrations. The fees were due between May 2024 and November 2025. Although these entities responded to show-cause notices, they could not substantiate their claims of non-payment, prompting Sebi to take measures to protect investors from potential misuses of expired registrations.

Seven BSE 500 stocks hit fresh 52-week highs despite a sharp 1,247-point Sensex decline on Thursday. Allied Blenders, Carborundum Universal, Caplin Point Laboratories, Laurus Labs, Shyam Metalics, Aurobindo Pharma and GNFC recorded notable monthly gains.

Indian equities ended sharply lower, with the Nifty falling 1.64% and Sensex 1.67%, as rising bond yields and crude prices pressured sentiment. Broader indices declined, India VIX surged 22%, financial stocks led losses, and market breadth remained firmly negative.

The rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global bond yields pressured the currency. Traders said RBI intervened through state-owned banks, while US-Iran tensions raised inflation and rate-hike concerns.

Max Estates Ltd has unveiled an exciting partnership aimed at creating a new housing complex in Ghaziabad. Spanning an expansive 9.76 acres in the bustling Indirapuram area, this project boasts a remarkable potential of 1.5 million sq. ft. in super built-up area. With projected revenues between Rs 2,500 and 3,000 crore, the realization of this venture hinges on diligent approvals and thorough due diligence.

Bond yields in India have surged following a notable uptick in US Treasury yields and escalating oil prices. With inflationary pressures mounting from higher oil costs, concerns regarding Indias economic stability have grown. Analysts predict that the Reserve Bank of India may enact a rate hike in the forthcoming monetary policy meeting, with expectations for the terminal repo rate to potentially rise from 5.75% to 6.

PB Fintech shares plunged 26%, wiping out nearly Rs 22,703 crore from its market capitalisation after IRDAI proposed changes to insurance commission structures. Jefferies flagged risks to distributor earnings, while Citi warned of a potential sharp compression in distribution economics across several high-margin insurance categories.

Sebi's upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make new types of investments, including overseas assets. The meeting is expected to review widening the accredited investor framework to increase market participation. Another key focus is enhancing foreign portfolio investor access in commodity derivatives to improve liquidity.

The National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO that raised $2.4 billion. Despite robust interest from institutional investors, retail participation has been less enthusiastic. Concerns over the exchange's valuation have left smaller investors feeling uneasy. Major institutional players are betting on NSE's ability to manage impending regulatory hurdles, while its stock's future movements will likely rely on forthcoming market supply.

In the Nifty500 pack, 12 stocks' closing prices crossed above their 200-day moving averages (DMA) on September 23, 2026, according to StockEdge's technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.

Moneyview, a digital lending platform, is planning a

Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale of US five-year notes pushed the yield above 5% for the first time since 2007. The 10-year yield surged 15 basis points to 5.11%, the biggest one-day increase since the market turmoil triggered by President Donald Trump

AssetGro Fintech is gearing up to file its draft IPO documents with Sebi by the end of September. With expectations to raise between

Airtel Africa is exploring the possibility of listing its financial services division, Airtel Money, on the London Stock Exchange. This secondary offer for sale could represent the largest listing in the UK since 2021. The International Finance Corporation plans to act as a cornerstone investor, providing existing shareholders a chance to exit during this process. The company seeks to engage both institutional and retail investors in the UK.

NSE is set to debut on the stock market amid market expectations of moderate gains. Traders quote a grey market premium of around

Motilal Oswal Nasdaq Q50 ETF faced a sharp decline of nearly 49% in just three trading sessions. This drop followed a dramatic price surge that raised concerns about valuation and investor behavior. Several other international ETFs are also trading well above their net asset values, creating a potential risk for investors. Limited supply of ETFs relative to demand has further intensified these trading conditions.

WhiteOak Capital is gearing up for an initial public offering projected to raise

In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields. Meanwhile, a spike in oil prices ensued following Iran's President's remarks at the UN, impacting overall market sentiment. Despite this, US business activity surged to remarkable levels, raising speculation about possible interest rate hikes by the Federal Reserve.

On Wednesday, Melania Trump celebrated the launch of her initiative, Imperia, at the New York Stock Exchange, championing women's leadership and economic empowerment. She emphasized the significant impact women make on the global economy during her remarks. Furthermore, she brought attention to global issues like the reunification of war-separated children. Excitingly, a new docuseries centered on Melania Trump is slated for release in the upcoming fall season.

Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation remains above the target of 2%. The central bank recently raised the policy rate to a range of 3.75%-4.00%. Barr's perspective contrasts with the Fed Chairman, who has not provided guidance on future rates.

Indian equities closed higher on Wednesday, with Sensex gaining 299 points and Nifty rising 118 points as crude prices eased below $99. Broader markets outperformed, while metals and banking stocks led gains amid stronger domestic growth signals and positive market breadth.

Indian equities ended higher despite volatility, with investors focusing on improving domestic growth momentum despite elevated crude prices and geopolitical risks. Three stocks are suggested by an expert citing bullish trends, improving momentum and breakout signals.

The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal Reserve rate hikes. Rising yields intensified pressure on equities, particularly growth and technology stocks.

Sedemac Mechatronics may see a block deal of up to 44.3 lakh shares, representing 10% equity, as investors seek approximately Rs 1,329 crore. The reported Rs 3,000 floor price is below Wednesdays close, with shares subject to a 60-day lock-in.

The average 30-year mortgage rate reached 7.12%, its highest since May 2024, marking a significant increase. This rise follows the recent Federal Reserve interest rate hike aimed at controlling inflation. As borrowing costs climb, refinancing and home purchase applications have decreased significantly. The surge in rates has resulted in more borrowers opting for adjustable-rate mortgages. Elevated oil prices and inflationary pressures are contributing factors to the current housing market condit

HSBC has revised its target for the STOXX 600 index upwards to 680 points, driven by expectations of robust earnings growth. Additionally, the forecast for the FTSE 100 index has been adjusted to 11,390 points, buoyed by positive market trends. Enhanced business optimism and diminished geopolitical worries have supported this optimistic perspective for European equities. While Italy's market outlook was upgraded, France's forecast faced downgrading due to unfavorable projections.

The Indian rupee ended a four-day winning streak, weakening 15 paise to 95.74 per dollar as importer demand and broad dollar strength pressured the currency. Easing crude supply concerns offered early support, while markets increasingly priced in a potential RBI rate hike.

Seven healthcare stocks hit fresh 52-week highs on Wednesday, led by Anlon Healthcare, which gained 108% in a month. Kopran, Kilitch Drugs, Innova Captab and others also posted strong recent gains.

The Uttar Pradesh Real Estate Regulatory Authority has greenlit 12 new projects across six districts, promising an investment of Rs 1,663.85 crore, which substantially enhances the real estate landscape. Notably, Lucknow leads with four projects amounting to Rs 609.35 crore and 1,972 residential units. Ghaziabad and Hapur also attract notable investments in housing. The authority stresses the importance of adherence to regulations and timely project completion, safeguarding homeowners' interests

Dolly Parton's estate has severed ties with her nephew Bryan Seaver, who previously held the head of security position. We remain unshakably resolved to fulfill her final directive to protect her family, and we refuse to be intimidated, Bryan Seaver and his team said in the response. Bryan Seaver has been accused of making threats of real-world violence to Partons staff, partners, legal and business advisors.

The Principal Secretary to the Prime Minister P K Mishra said on Wednesday that the financial sector should move beyond financing near-term growth and focus on funding the next generation of Indian enterprises. He called for a shift in the way credit is assessed, from collateral to cash flows. Mishra said India's financial system will need to mobilise large amounts of capital for infrastructure, manufacturing, urbanisation, energy transition and innovation, with different forms of capital requir

Gyanesh Kumar CEC Row: A report on internal objections within the Election Commission has triggered a political row involving CEC Gyanesh Kumar. Here is what the investigation reported, what Congress and BJP said, and how the Election Commission has responded.