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The 10-year Treasury yield is once again closing in on the psychologically important 5% threshold. For investors, the biggest issue may be what drives it across the line. The benchmark yield is hovering around 4.96%, within striking distance of the 5% mark it last touched in Octo
Prediction-market platforms' courtship of Wall Street stands to bring in deeper professional liquidity and intensify competition, but will also mean it's harder for many traders to make money. Roughly 27% of dollar profits were captured by just 3% of accounts that are "persistent
Sept 14 - Australian shares inched higher on Monday, buoyed by domestic staples stocks and healthcare firms, though losses in miners capped the advance as renewed Middle East hostilities lifted oil prices and curbed risk appetite. The S&P/ASX 200 index was up 0.1% to 8,748.4, as
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Business Incorporated in 2016, SS Retail operates under its proprietary brands 'SS Mobile', 'Mobile Exchange Wala' and 'The Mobile Space' through a combination of company-owned and franchisee-operated store formats. The company offers products such as mobile phones, pre-owned sma
Indian stock markets are closed today: After ending lower for the fifth consecutive week, trading on the Indian stock market will resume on Tuesday, 15 September, as both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on Monday, 14 September,
Watch: Why a Russian strike on train near Ukraine-Poland border could mark an escalation A Russian drone struck a train near the Ukraine-Poland border shortly after the former UK Prime Minister Boris Johnson and top European security officials had passed through. No casualties we
Listen to this article in summarized format Shares of South Korean memory maker Samsung Electronics Co. fell as much as 4.1% early Monday while peer SK Hynix Inc. slumped 5.8%, as investors assessed whether the more cautious approach to developing advanced models will crimp their
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Why is Sebi reviewing CAS so soon after introducing it? CAS has been around only since August 3, but its first few weeks have been chaotic. The auction saw sharp swings in Nifty and Sensex, especially on expiry days. Options traders faced losses, algos misfired, and option premiu
(Bloomberg) -- Gold edged lower, after hotter-than-expected US inflation data raised prospects that the Federal Reserve will hike interest rates later this week.Bullion was trading near $4,340 an ounce, after falling for a third week. Underlying inflation rose in August as the co
A short-term pop could push up the stocks of seven Tata Group stocks, led by Tata Chemicals Ltd., which together hold 11.92% stake in Tata Sons Pvt. Ltd., the holding company (holdco) of the salt-to-software conglomerate, after RBI rejected its submission to remain private. Tata
Listen to this article in summarized format The Tatas and SP are also discussing settlement of the SP group's part stake in the Tata holding company. Ares Management, Davidson Kempner, Deutsche Bank, Farallon Capital, Cerberus Capital, Varde Partners, Blackrock and Broadpeak are
The Scoop Last September, Bloomberg News Editor-in-Chief John Micklethwait got a call from US Treasury Secretary Scott Bessent. The secretary had been a regular on Bloomberg’s TV programming and in its reporting for years, first as the founder of a hedge fund, and increasingly as
MSCI’s Asia Pacific equities index declined 0.5% with losses in Japan and South Korea. Futures on the tech-heavy Nasdaq 100 Index declined over 1% and contracts for the S&P 500 Index fell 0.6%. The Kospi Index — a key barometer for AI investments — fell over 3% with SK Hynix Inc.
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NSE's ₹22,561.5-crore IPO will dominate the week's primary market activity, accounting for more than 90% of the value of issues opening for subscription. The issue opens on September 17 and closes on September 21. Markets will remain shut on Monday, September 14, for Ganesh Chatu
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Each of these three companies hold 2.5-3% stake in Tata Sons, the group's holding company. In all, seven listed and two unlisted group companies hold between 0.4% and 3.1% stake each in Tata Sons. Read more: Nifty may rebound to 23,800; Rupak De picks Apollo, Laurus Labs and Eter
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When the yield on India's 10-year sovereign bonds rises to 7.3-7.5%, the risk-reward ratio for Indian equities would begin to deteriorate, said Jignesh Desai, chief executive officer, institutional equities, Centrum Broking. A risk premium on crude fades once tensions cool, and a
Credit: DIGITIMES Image Match Design secured an exclusive role in a national identity enrollment and collection system project for a major African country, according to the company... Keep me signed in Some subscribers prefer to save their log-in information so they do not have t
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One blockbuster listing after another is keeping India’s startup IPO market buzzing. After Shiprocket’s strong debut last month, ESDS extended its post-listing rally for the sixth consecutive trading session on Friday, with the stock now up 306% from its IPO price of ₹429. Now, t
Listen to this article in summarized format India's largest commodity exchange, the Multi-Commodity Exchange of India (MCX), will remain closed for the first session (9 am to 5 pm) on Monday. Trading will resume in the evening session between 5 pm and 11:30 pm, as per its website
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RBL Bank stock hit a new 52-week high on Wednesday, and has gained nearly 9% in September so far to ₹412.50. The rally comes after RBL raised ₹32,472 crore in FCNR(B) deposits under the scheme, which ended on 31 August, wherein the Reserve Bank of India (RBI) covers the hedging c
Gujarat added 230,000 new investors in August, accounting for 14.6% of the monthly additions, followed by Uttar Pradesh with 200,000 investors, or 12.9%, and Maharashtra with 160,000, or 10.2%. Read more: Nifty may rebound to 23,800; Rupak De picks Apollo, Laurus Labs and Eternal
Warm start to week to make way for wetter and windier conditions - Published Changeable autumnal conditions are set to continue through this coming week, with spells of wetter and windier weather developing at times. Monday will bring a short-lived burst of warmth and sunshine be
Listen to this article in summarized format SP Group will decide whether to raise ₹3,500 crore for repayment or request for additional time to meet the repayment deadline, the people said. Read more: Nifty may rebound to 23,800; Rupak De picks Apollo, Laurus Labs and Eternal for
An analysis by the equity capital markets head of a top domestic bank puts Tata Sons' underlying value at ₹15-16 lakh crore, comprising about ₹12 lakh crore from listed holdings and ₹4 lakh crore from unlisted assets. It applies a 41-45% holding company discount to the listed por
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