The Economic Times

Equity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S

India's primary market is thriving with a significant increase in the number of IPOs and issue amounts. In contrast, the secondary market has experienced notable declines in equity indices. While foreign investor interest in listed stocks has dwindled, they remain active in the IPO space. Several leading companies have successfully gone public, contributing to the primary market's resilience.

Several Indian companies are emerging as significant players in the AI infrastructure sector, according to Goldman Sachs. These 'AI Enablers' span industries such as power, data centres, and semiconductors. While the Nifty index has fallen, this group of companies has experienced substantial gains. However, their valuations remain high, with a noted premium over MSCI India. This trend signals a changing investment landscape within the Indian market.

Yields on the 10-year benchmark government bond have increased to their highest level since April 2024. The rise in yields follows a surge in oil prices and higher global yields. The Reserve Bank of India is taking measures to manage liquidity in the banking system with open market operations. Traders are experiencing losses due to rising yields impacting previously purchased bonds.

Securities and Exchange Board of India has cleared Gautam Adani and family of MPS violations accusations. While it imposed a penalty of 20 lakh each on two individuals for misinformation. The cases involve Adani Enterprises, Adani Power, Adani Ports and Special Economic Zone, and Adani Energy Solutions. Sebi found insufficient evidence linking the Adani family effectively controlling certain foreign investments.

Gold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures dropped significantly, while gold futures also experienced a notable decline on the MCX. The current correction in prices has made buying more affordable, but customers remain hesitant. Jewellers indicate that purchases typically happen in a rising market rather than a falling one.

US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential Iran war peace deal negotiations. Federal Reserve officials hinted at possible interest rate hikes if inflation continues to rise significantly. Nvidia shares surged after announcing a record $150 billion share buyback, while Tesla shares dropped after a lowered price target.

Gold fell sharply as rising oil prices heightened inflation concerns and strengthened expectations for tighter monetary policy. A firmer dollar and increasing Treasury yields contributed to the decline in gold prices. Spot gold reached its lowest level since early August, settling significantly lower than previous trading sessions. Other precious metals such as silver, platinum, and palladium also experienced notable declines in their prices.

Adani Enterprises and three other companies have settled with Sebi over minimum public shareholding violations. The total settlement amount paid by the companies and directors is Rs 1.48 crore. Sebi initiated its investigation after receiving complaints in 2020 regarding non-compliance with public shareholding requirements. The proceedings were settled without admitting or denying the violations alleged in the show-cause notices. Sebi has concluded its enforcement action against the applicants p

Paramount Skydance Corp. has initiated the sale of over $44 billion in bonds to fund its acquisition of Warner Bros. Discovery Inc. Following legal settlements, the company can proceed with the financing, which includes various debt tranches. The bond issuance is expected to be one of the largest corporate high-yield deals recorded. Initial pricing discussions have indicated a yield in the low-9% range for the long-term bonds.

Sebi's investigation into Vinod Adani's control over offshore investments in Adani group companies has concluded. The regulator found insufficient evidence to support allegations of minimum public shareholding violations. Vinod Adani was not proven to have effective control over certain foreign portfolio investors. Relationships among parties involved did not demonstrate direct control or influence over investment decisions. Consequently, the case against Vinod Adani was closed due to lack of de

Gautam Adani and four companies in the Adani Group have settled regulatory violations with SEBI. The settlement involved a payment of 14.82 million rupees to address minimum public float rules. SEBI had previously accused the group of failing to comply with shareholding disclosure requirements. While investigations continue regarding stock price manipulation, the companies are not mandated to make corrective disclosures.

Indian equities plunged on Monday as the Sensex fell 1,124 points and Nifty dropped over 360 points, wiping out nearly Rs 8 lakh crore in market value. Surging oil prices, bond yields, geopolitical tensions and rate-hike concerns drove broad-based selling.

Augment India I Holdings sold 85.03 lakh Clean Max Enviro Energy Solutions shares worth about Rs 1,096 crore through NSE bulk deals. Goldman Sachs, HSBC and ICICI Prudential Life Insurance were among the buyers, while brokerages retain positive views on CleanMax.

Three stocksElecon, Endurance Technologies and Quality Powershow positive technical setups despite broader market weakness. Analysts identify breakouts, trendline support and moving-average signals, with Tuesday trade recommendations featuring specific buying zones, stop-loss levels and upside targets.

On Monday, Wall Street faced a downturn right from the start as President Trump rejected an Iranian offer, leading to an uptick in crude oil prices that raised inflation fears. This backdrop influenced Treasury yields to rise, with significant declines noted in the Dow Jones Industrial Average and S&P 500. Financial experts are keeping a watchful eye on the evolving market amid heightened geopolitical tensions.

The rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. RBI intervention likely limited losses, while concerns over inflation and Indias high oil import dependence weighed on sentiment.

DBS says the AI investment theme is entering a selective phase as investors focus on companies converting AI adoption into productivity, stronger margins and durable revenue growth. The bank favours lower-capex AI adopters while maintaining exposure to infrastructure enablers.

During the third quarter of 2026, India's real estate, data centre, and hospitality sectors attracted a record USD 9.5 billion, marking a notable rise from the previous year. Data centres alone accounted for 57 percent of these investments, signaling a change in investor focus. Additionally, foreign entities represented roughly 59 percent of all inflows, contributing to an impressive doubling of total capital compared to early 2025.

The Sensex plunged 1,124 points to 72,771, triggering fresh 52-week lows in eight BSE 150 Midcap stocks. Procter & Gamble Hygiene, Havells India, Bharti Hexacom, REC, SJVN, ACC, GIC and UPL recorded their lowest prices in a year.

Indian equity markets ended sharply lower on Monday, with the Nifty falling 1.56% and the Sensex declining 1.52% as all sectoral indices closed in the red. PSU banks and realty stocks led the decline, while Dr Reddys Labs and Infosys were among the few gainers. India VIX surged 12.54%.

Godrej Properties Ltd has entered into a partnership to develop a luxury housing project in Mumbai. The development agreement covers a prime 2.5-acre land parcel located in Marine Lines. This project is expected to generate an overall revenue of approximately Rs 6,000 crore for the company. MICL has transferred its development rights to Godrej Properties as part of the collaboration.

In a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities. The offering consisted of non-convertible debentures organized into five series, each featuring different maturities and coupon rates. Structured under a green bond framework, the funds will be directed towards renewable energy projects. The backing from prominent institutional investors indicates strong confidence in Clean Max's sustainable growth approach.

On Monday, Indian government bond yields rose due to increasing global yields and domestic supply concerns. The benchmark 10-year bond yield reached its highest level since April 2024 at 7.1848%. Traders are reacting to India's borrowing calendar which shifted toward longer maturity bonds, increasing duration risk. Additionally, fears of more Reserve Bank of India bond sales have contributed to market volatility.

In a historic move, India's central bank has recorded net sales of bonds amounting to 1 trillion rupees this financial year. With predictions suggesting this figure may double by December, market analysts anticipate stricter monetary policies. The Reserve Bank of India has also reduced liquidity in the banking system, responding to past strategies to attract dollars.

Nvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The record repurchase expansion reflects surging AI-driven cash flows, alongside continued investment in data centres, hardware, networking and infrastructure partnerships.

MCX gold and silver fell sharply as higher oil prices revived inflation concerns and boosted expectations of further US Federal Reserve rate hikes. Gold breached key support levels, while rising bond yields, a firm dollar and geopolitical uncertainty pressured precious metals.

Twenty IPOs are opening or closing for subscription between September 28 and 30, with GMPs indicating potential premiums of up to 38%. The lineup spans mainboard and SME issues.

The RBI is expected to tilt the governments borrowing towards shorter-tenure bonds in the second half of FY27 as surplus banking liquidity remains elevated. Traders expect short-term securities to account for 35% of borrowing, up from 31% in the first half, while strong demand for 5-7 year bonds could shape issuance.

Artificial intelligence is reshaping investment research and portfolio management, from screening stocks and analysing data to identifying patterns and monitoring risks. At the ET Alpha Wealth Summit 2.0, leading investment professionals will discuss AIs growing role in decision-making, its potential to improve investment processes and the continued importance of human judgement.

Federal Reserve Bank of Cleveland President Beth Hammack warned that persistently high inflation could entrench elevated price expectations among US households and businesses. She said monetary policy may not yet be sufficiently restrictive, citing resilient demand, strong business investment and a stable labour market. Hammack also noted that rising US bond yields reflect higher real interest rates and a solid economic outlook.

Economic experts predict that the Reserve Bank of India will increase interest rates at its upcoming meeting. This anticipated rate hike is largely due to rising inflation, which has exceeded the RBI's targets consistently. As central banks globally address inflationary pressures, India is under similar pressures regarding its currency. Nearly 60% of surveyed economists expect this action will occur in October.

Eurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate concerns. Germanys 10-year yield reached its highest level since 2009, while markets awaited eurozone inflation data. Investors expect September inflation to accelerate, potentially reinforcing expectations of further European Central Bank rate increases.

Transformations are on the horizon for India's insurance industry, with new proposals from the Insurance Regulatory and Development Authority of India aiming to streamline product distribution and limit commissions. These changes could lead to lower insurance premiums, but distributors heavily reliant on commissions might struggle. Insurers like SBI Life, known for their efficient low commission rates, may adapt more easily.

US President Trump's recent meeting with Xi Jinping aimed to strengthen their personal relationship, but limited progress was achieved. Both leaders agreed on lowering tariffs on certain goods, with no specific timeline provided for implementation. The absence of a Chinese CEO delegation highlighted ongoing investment challenges amid mutual suspicions. China's trade has thrived despite US tariff threats, giving it leverage in negotiations.

LPU Protest Reason: LPU protests erupted on September 27 after a rape allegation involving a female student at Lovely Professional University in Punjab. Students are demanding justice, stronger hostel security and accountability. Police have registered a case and formed an SIT to investigate. The university has suspended classes for 10 days and postponed mid-term exams.

AICC general secretary K C Venugopal made serious allegations regarding the integrity of the Election Commission. He claimed a conspiracy involving CEC Gyanesh Kumar, PM Narendra Modi, and Home Minister Amit Shah. Venugopal pointed out that illegal acts were committed to benefit the ruling party. He announced a Congress working committee meeting to discuss the situation in detail. The alliance of opposition parties is also expected to coordinate their response.

Navigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's Liberalised Remittance Scheme. From understanding allowable remittance limits to distinguishing between gifts and loans, families must carefully plan to avoid potential tax and compliance issues. Learn the critical steps to streamline the funding process.

The RBI is under growing pressure to raise rates in October as inflation broadens across the economy, growth remains strong and global central banks tighten policy. A Reuters poll shows most economists expect a 25-basis-point hike to 5.50%, while markets are already pricing in further increases over the next year.

Great Eastern Shipping shares rose nearly 3% after Nomura retained its Buy rating and set a Rs 1,965 target, implying 28% upside. The brokerage sees the companys Rs 8,000 crore net cash position as a key advantage, allowing it to expand its fleet and capitalise on lower vessel prices during a downturn.

Ruchir Sharma says India remains a middling investment story rather than a clear outperformer, with strengths in demographics, inflation and currency stability offset by weak private and foreign investment, high valuations, regulatory intervention and concentrated billionaire wealth. His broader view is that India consistently disappoints the optimist and the pessimist, making a simple bullish or bearish narrative difficult.

European shares edged higher, with the STOXX 600 gaining 0.3%, led by a sharp rally in British housebuilders. Gains were capped by rising oil prices and elevated bond yields, as investors assessed inflation and interest-rate risks. Energy stocks advanced, while miners declined, with markets awaiting central-bank officials comments on monetary policy.

Anand Mahindra's Monday Motivation is Nikhil Paralikar, a Vellore Institute of Technology graduate who chose a career in tabla over a corporate job. From drumming on boxes as a child to performing thousands of times, Paralikar has built a musical career blending Indian classical traditions with techno, EDM and folk music.

Union Agriculture Minister Shivraj Singh Chouhan expressed concern over the drought situation in Maharashtra and Karnataka, saying the Centre will send teams to assess the situation on the ground.

Congress workers staged protests across India against Chief Election Commissioner Gyanesh Kumar for his handling of electoral roll revisions. The protests took place in multiple states, including Delhi, Telangana, and West Bengal. Demonstrators called for greater accountability and transparency in the electoral process during these protests. Police intervened by detaining several protesters and using water cannons in some locations.

The UAE is set to invest an additional $25 billion in India, strengthening energy cooperation between the nations. India and the UAE are exploring strategic petroleum reserves and subsea pipelines for gas transportation and storage. Bilateral trade between the countries has doubled to $100 billion, with a target of $200 billion by 2032. Local currency settlement in trade is on the rise, currently in double digits.