In combination, the three macro-indicators could support already high inflation across many countries by making goods and fuel imports costlier, and disrupt capital flows across the globe, imposing more hardship on debt and current account-stressed countries.

Heidelberg has more than 13 million tonnes per annum (MTPA) cement making capacity in India, of which 6.3 MTPA is with the listed entity HeidelbergCement India, and 7.1 MTPA is with the closely held Zuari Cement. This compares with nearly 140 MTPA capacity of market leader UltraTech Cement and nearly 70 MTPA of the second-largest player, the Adani Group.

Shares of auto companies including Maruti Suzuki, Tata Motors, Ashok Leyland, TVS Motor among others will be in focus following the announcement of monthly sales numbers.

Reliance Jio has secured a loan of about $2 billion, one of India's largest offshore loans in FY24. The loan, arranged by HSBC, will be used to fund the purchase of 5G network equipment from Nokia. Finnish export credit agency Finnvera is believed to have provided insurance coverage for the deal, reducing Jio's overall funding costs.

The two factions of the Godrej family - Godrej Industries & Associates led by Adi Godrej and his brother Nadir, and Godrej & Boyce Manufacturing Company (G&B) involving cousins Jamshyd Godrej and Smitha Godrej Crishna - are likely to finalise soon the formal split of business verticals as diverse as engineering, appliances, security solutions, agricultural products, real estate, and consumer products, said the officials familiar with the matter.

Ahmedabad-based MAS Financial Services, a micro, small, and medium enterprises (MSME) financer, has seen significant growth in its loan assets and stable asset quality. The company expects to double its loan book every three to four years and aims to reach over Rs 10,000 crore in assets under management (AUM) by September 2023. MAS Financial Services has a strong presence in Gujarat and plans to increase its loan disbursement through direct distribution. Analysts predict an annual AUM growth of 25% for the company between FY23 and FY25.

“The demand for funds is high given the credit growth of 15-16 percent. Banks need to garner more funds through deposits even at higher rates” said Sachin Gupta, chief rating officer CareEdge Ratings “ Besides some banks are focusing on building durable long-term and stable funding sources even if it means paying higher interest.”

HDFC Bank, which had initially raised concerns about SpaceMantra's debt resolution proposal for Future Retail Ltd (FRL), surprised everyone by voting in favor of the Rs 550 crore offer. However, the offer did not receive the necessary majority support. The voting results showed that 58.38% of lenders voted against SpaceMantra's offer, which means that the company may now be liquidated.

IL&FS Group has repaid ₹2,150 crore to senior secured lenders of IL&FS Tamil Nadu Power Company (ITPCL). This repayment is part of a debt restructuring plan approved by 88% of lenders and has reduced ITPCL's outstanding principal by over ₹1,900 crore. The company is also in the process of obtaining approvals for the disbursement of an additional ₹300 crore.

The International Monetary Fund (IMF) has stated that the majority of the $2 trillion in annual climate investments needed by developing countries by 2030 will have to come from the private sector. Governments risk accumulating high debts if they attempt to reach net-zero goals using public funds. The IMF recommends that countries develop carbon pricing schemes to raise revenue and encourage private investments.

While many underlying assets are operating well, they require tailored solutions to reach sustainable debt levels. So, Edelweiss believes that the private credit market will boom in the coming decade, growing from its present size of $14 billion to $100 billion.

The natural resources major, last week, announced that it will demerge its existing business into six listed companies, aiming to build a simplified corporate structure, while boosting the valuations of the diversified businesses.

After all, fresh foreign purchases will be key to revival of the stock market that has slid in the past two weeks after hitting all-time highs in mid-September. But with the surge in global oil prices, US bonds yields and the dollar contributing to fresh risk aversion in emerging markets, including India, brokers and strategists say the mood of the foreign investors remains cautious.

"Lots of good things happen" in addition to real wage increases when a good labour market lasts for a sustained period of time, Powell said Monday. There are expanded efforts to get more people into the workforce, for example, like programmes that prepare prisoners for work a year before they are released.

On Friday, Navin Fluorine, a chemical company plummeted by as much as 15%, marking its most significant single-day decline in eight years, following the sudden resignation of its CEO. Shares of over a dozen companies, in which top executives resigned abruptly in the last one year, have seen similar falls. Only half of these stocks have managed to recover, according to an ET analysis.

​​For traders considering long positions, stocks like Bajaj Finance, DLF, Granules, Grasim, Sun Pharma, Hero Motocorp, NTPC, and Tata Power are worth considering.

The stock rose from Rs 2,200 as of June 27 to Rs 3,320 recorded on 27 September, which translates into an upside of about 50% in the last 3 months. The momentum pushed the stock to hit a record high of Rs 3,344 on 30 August, but it failed to hold the momentum. The stock closed at Rs 3,324 on 27 September

The Dow Jones Industrial Average fell 52.00 points, or 0.16%, at the open to 33,455.50. The S&P 500 opened lower by 3.53 points, or 0.08%, at 4,284.52, while the Nasdaq Composite dropped 1.34 points, or 0.01%, to 13,217.99 at the opening bell. Powell and Philadelphia Fed President Patrick Hasker will speak at a roundtable discussion, due 11 a.m. ET, with local employers and small business owners on efforts to grow the economy.

Yield on the 10-year Treasury note edged higher on Monday at 4.6371%, touching 16-year highs again, while the yield on the 2-year note, which best reflects interest rate expectations, remained above 5%. "The Fed has said that their target is still 2% and they are still long ways away from getting inflation really going in the direction that they want," said Russell Hackmann, President of Hackmann Wealth Partners.

The Indian market rebounded after a previous drop, with the S&P BSE Sensex rising over 300 points and the Nifty50 closing above 19600 levels. Metal, healthcare, public sector, and oil & gas stocks saw buying activity, while IT stocks experienced selling. Eris Lifesciences, Aurobindo Pharma, and NTPC were highlighted as stocks to watch. Eris Lifesciences broke out of its consolidation zone, Aurobindo Pharma showed momentum with a breakout above the 5 and 10-day average, and NTPC demonstrated consistent upward movement with support at moving averages.

Indian shares closed higher on Friday to post their best day in nearly three weeks, helped by a recovery in global markets following a sell-off. The BSE benchmark Sensex rose 0.5% to settle at 65,828, while NSE Nifty ended above the 19,600 level."Nifty needs to close above 19,750 to witness a decent rally over the short term. A close or sustained move above 19,750 might take Nifty on a ride towards 20,500-20,700. On the flip side, a fall below 19,470 might trigger the resumption of the downtrend," said Rupak De, Senior Technical analyst at LKP Securities.

Wall Street futures climbed in relief after the U.S. Congress passed a stopgap funding bill late on Saturday, avoiding the federal government's fourth partial shutdown in a decade.

Few weeks back an auto ancillary major announced the opening of two plants for Electric Vehicle space only. Probably this is just the beginning, more auto ancillary companies, some of which have been readjusting their business model toward EV space, would be announcing it sooner than later. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Focus Lighting has earlier approved to split its shares in the proportion of 1:5, which means, for every one share investors hold, it will be subdivided into five shares. Meanwhile, Surya Roshni had earlier announced a stock split in the ratio of 1:2. This means, for every one share investors hold, it will be divided into two shares.

Oil prices gained and US futures were higher as the threat of a US federal government shutdown receded after Congress approved a temporary funding bill late Saturday to keep federal agencies open until November 17.

Even at the time of volatility movement with slightly more bearish bias which the nifty and broader market has witnessed in the last four weeks, some stocks have witnessed consistent improvement in their scores, which makes it worth looking at them. The stocks from sectors like power distribution, tech based marketplace, have come to the list. But this time there is a difference, a number of these stocks where the score has improved the recommendation has stayed as “ hold”. So, there is an element of caution which seems to have come into broader analyst recommendations.

“Filatex India Limited, a small cap company engaged in manufacturing and trading of synthetic yarn and related fabrics falls under ‘Other textile Industry’. The stock has moved by significant volumes in the past few days indicating the investor’s interest,” Madhu Bansal, Research Head, The Finberg, said.

Modern wealth management places a premium on responsible investing, with a growing emphasis on environmental, social, and governance (ESG) factors. Thus, investors should aspire to "see no evil" within their portfolios, which can be accomplished by steering clear of investments in companies or industries that perpetuate negative social or environmental consequences.

All the market segments including, the equity segment, derivative segment, and SLB segment will be closed on account of Gandhi Jayanti. The multi-commodity exchange will also be closed for both morning and evening sessions. In the entire calendar year, the markets have 15 annual holidays in 2023, two more than last year.

Brokerage Motilal Oswal Financial Services (MOFSL) has listed five picks from the realty space, which can offer up to 27% upside to investors. Time to buy?

Apollo Pipes has a well-established position in the domestic polyvinyl chloride (PVC) pipes industry, supported by its expansive product profile and a strong dealership network. Capacity expansion, an aggressive sales strategy, and implementation of cash-and-carry model is likely to kickstart structural growth in profitability, says Narendra Solanki of Anand Rathi Shares.

The wealth management industry in India is expected to grow at a healthy rate over the next five years, with a focus on serving ultra-high net worth individuals (UHNIs), high net worth individuals (HNIs), mass affluent, and retail investors. New-age wealth management firms are integrating banking and lending services to provide comprehensive solutions. The use of technology, including AI-powered chatbots and digital platforms, is driving innovation in the sector.

Despite concerns about global slowdown and earnings growth risks, the information technology (IT) sector has contributed significantly to the benchmark Nifty 50's gains in the last six months. IT stocks have outperformed banks and helped the index surpass the 20,000-mark. Eight out of ten constituents of the Nifty IT index have delivered double-digit returns. The gains have been driven by short covering and fresh bullish positions. The sustainability of this momentum will depend on the September quarter results and guidance for the second half of FY24.

A last-minute deal to avoid a government shutdown kicks one immediate risk a little further into the future. But a major auto strike, the resumption of student-loan repayments, and a shutdown that may yet come back after the stop-gap spending deal lapses, could easily shave a percentage point off GDP growth in the fourth quarter.

FPIs have invested ₹1.62 lakh crore on the 12-month rolling cumulative basis in Indian equities. The equity portfolio of FPIs was valued at $666 billion at the end of the first fortnight of September 2023 and accounted for 18% of the market capitalisation of India.

Neo Asset Management, co-founded by Nitin Jain and Hemant Daga, has successfully secured about ₹600 crore from domestic high-net-worth individual investors for its recently launched India-dedicated Infrastructure Income Fund, according to company officials. This fund, launched in the first week of August, aims to raise a total corpus of ₹2,000 crore.

HDFC Bank, India's most valued lender, has seen a decline in its stock value in the past three months, raising concerns about its impact in the banking sector. The bank's performance has been relatively subdued compared to public-sector lenders, and uncertainties surrounding its merger with its home-financing parent have weighed on the stock. However, HDFC Bank has been focusing on expanding its branch network in areas with limited competition from private banks, allowing it to compete with public-sector banks for deposits. This strategy is expected to benefit the bank in the coming years and drive earnings growth.

The number of demat account openings at domestic broking firms in India has increased during FY24 due to the stock market rally, low brokerage fees, and a surge in IPOs. However, the active client base has shrunk as market participants reduce trading due to volatile swings. The total number of demat accounts as of August 31 reached 12.65 crore, a 10.7% increase from March 31. Brokers expect this growth to continue, particularly in smaller cities and towns.

FPIs have invested ₹1.62 lakh crore on the 12-month rolling cumulative basis in Indian equities. The equity portfolio of FPIs was valued at $666 billion at the end of the first fortnight of September 2023 and accounted for 18% of the market capitalisation of India.

Neo Asset Management, co-founded by Nitin Jain and Hemant Daga, has successfully secured about ₹600 crore from domestic high-net-worth individual investors for its recently launched India-dedicated Infrastructure Income Fund, according to company officials. This fund, launched in the first week of August, aims to raise a total corpus of ₹2,000 crore.

Russian banks, including VTB, Sberbank, and Gazprombank, are considering becoming foreign portfolio investors (FPIs) to trade on Indian stock exchanges. VTB, Russia's second largest bank, has approached the Securities and Exchange Board of India (Sebi) to obtain an FPI license. The proposal will also need approval from the Reserve Bank of India (RBI).

The National Stock Exchange (NSE) has changed the methodology for calculating the Price to Book (PB) ratio of the Nifty index, leading to a decrease in its valuation measure. The PB ratio dropped by nearly 20% without the index falling, making Nifty's valuations cheaper. The change involves factoring in the net worth of each index constituent at the consolidated level in the annual financials, as opposed to standalone earnings. The PB ratio compares market price per share to book value per share and helps investors determine whether a stock is overvalued or undervalued.