Japan’s Nikkei tops 50,000 mark for first time on stimulus euphoria

Japan’s Nikkei share average crossed the 50,000 mark for the first time on Monday. This milestone follows successive records driven by expectations of significant spending from the new prime minister, Sanae Takaichi. Investors are reacting positively to Takaichi’s growth-focused policies and anticipated economic stimulus packages. The market has seen a strong upward trend since mid-July.

Bharat Rasayan board okays stock split, issue of bonus shares

Agro-chemical firm Bharat Rasayan’s board has greenlit a 1:1 bonus share issue and a 1:2 stock split, aiming to enhance share liquidity and broaden its investor base. This move will see existing Rs 10 shares divided into two Rs 5 shares, followed by a bonus issuance. The company reported a robust Rs 140.92 crore net profit for FY25.

US stocks scale record high as cool inflation data fuels rate cut bets

Indian markets saw a strong rally on Friday. Cooler inflation data boosted hopes for Federal Reserve rate cuts. Intel’s positive earnings fueled momentum in AI-related stocks. Major indices like the Dow, S&P 500, and Nasdaq reached record highs. This surge marks a significant weekly gain for these indices. Investors are now looking towards upcoming meetings and tech earnings.