London's stock market is poised to regain its position as Europe's largest equity market, surpassing Paris, due to a faltering rally in French luxury shares. The market capitalization of primary British listings now stands at $2.90 trillion compared to France's $2.93 trillion. This shift is driven by a slide in France's value amidst economic gloom in the Chinese market, while London is experiencing signs of investor bullishness for the first time in years. Factors contributing to the UK's positive outlook include a rally in oil prices, cooling inflation, and the potential for a weaker pound.

Sebi had in March this year approved a proposal to verify market rumours to strengthen corporate governance and disclosure framework. The move was based on the recommendations made in three consultation papers released by SEBI between November 2022 and February 2023. Prior to this, listed entities had it upon themselves to verify and respond to market rumours.

In the entire calendar year, the markets have 15 annual holidays in 2023, two more than last year. Domestic Indices closed the September month on a high with Sensex rising 320 points and Nifty closed above the 19,600 mark on Friday.

The latest outflow came after FPI investment in equities had hit a four-month low of Rs 12,262 crore in August. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.

The market valuation of TCS plunged Rs 26,308.58 crore to Rs 12,91,919.56 crore. Infosys witnessed an erosion of Rs 25,296.43 crore from its valuation which was at Rs 5,95,597.10 crore. The market valuation of Reliance Industries fell by Rs 5,108.05 crore to Rs 15,87,553.37 crore and that of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore.

As many as 11 IPOs listed on the exchanges in the month of September, but the stellar returns that were seen in the previous months seem to be moderating. For instance, four out of last five IPO debuts have delivered tepid returns, with two of them even listing at discount.

Last week, when broader market indices were correcting sharply, it was metal stocks which were able to keep their head above water. This has happened for the third time in the last two months, that metal stocks have been able to inch upward when other sectors are under strong pressure. Is it an indication that global commodity markets are finally expecting the Chinese economy to recover after a long sluggish phase or it is just another spike which may fizzle out as soon as lower than expected number for China comes.

Never fight liquidity but never ignore valuation. Given that valuations are not very cheap, any disappointment on any front, be it decline in the foreign flows or any domestic development increases the chances of sharp correction across the market. If one is looking to invest in equity, it would be better to have exposure to largecaps and have more checks and balances while picking the stocks. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or a “buy” or a "strong buy".

Last week, when broader market indices were correcting sharply, it was metal stocks which were able to keep their head above water. This has happened for the third time in the last two months, that metal stocks have been able to inch upward when other sectors are under strong pressure. Is it an indication that global commodity markets are finally expecting the Chinese economy to recover after a long sluggish phase or it is just another spike which may fizzle out as soon as lower than expected number for China comes.

Never fight liquidity but never ignore valuation. Given that valuations are not very cheap, any disappointment on any front, be it decline in the foreign flows or any domestic development increases the chances of sharp correction across the market. If one is looking to invest in equity, it would be better to have exposure to largecaps and have more checks and balances while picking the stocks. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or a “buy” or a "strong buy".

The union government is planning to seek Cabinet approval for a Rs 5.25 lakh crore investment programme during fiscal years 2024-31 to improve rail connectivity, which analysts believe will benefit the company. Despite a stellar jump in share price during the month, there were signs of profit booking among rally in railway stocks including in IRFC towards the end.

The dividend, if declared, will be paid to the equity shareholders of TCS whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on record date.Shares of TCS will likely trade ex-dividend on the day or a day before the record date.

The Tata Group has 28 companies that are listed on the bourses. Out of these 24 companies have given double-digit returns to investors in this fiscal year. Here are 12 outperform stocks from the pack that have risen up to 154% in FY24 so far. (Source: Ace Equity)

The deal with Jindal Steel is Venezuela’s first step to open up operations in its metallurgic and mining industries to an international private company, after the US sanctions hit the country in 2019. Venezuela’s mining and heavy industries are all state owned

Family offices and ultra-high net worth individuals (UHNIs) are increasingly considering direct investment programs alongside fund managers to gain more autonomy and potentially higher returns. These co-investment programs allow LPs to choose which startups to fund and typically do not have management fees. LPs are looking to back proven winners with a strong track record, particularly in the tough fundraising environment caused by a slowdown in venture fund investments in India.

The week ahead will be important for the markets as the Reserve Bank of India (RBI) will announce its monetary policy decisions, and investors will closely monitor global events such as the US manufacturing PMI data, UK manufacturing data, and China's manufacturing PMI data. The movement of the Indian rupee against the US dollar and crude oil prices will also impact market performance.