Goldman Sachs has secured significant gains, ranging from 50% to 155%, from its India portfolio companies over the past year. This impressive performance occurred despite Indian equities posting muted returns and facing FII selling. The global investment giant successfully identified high-performing stocks amidst market turbulence.
Tech leads Asia share rally, gold near record high on Fed rate cut bets
Asian tech shares rallied Thursday. Gold reached a new record high. The dollar lost ground. A weak US labor report bolstered bets for Federal Reserve rate cuts. This market sentiment lifted indexes despite a US government shutdown. Oil prices also gained. Traders expect easier policy ahead, influencing global finance.
Oil rebounds from 16-week lows on prospects of tighter Russian crude sanctions
Oil prices rose on Thursday, ending a three-day decline. Russian sanctions prospects supported the increase. OPEC+ supply next month capped gains. G7 nations plan pressure on Russia. The US will aid Ukraine with intelligence for strikes. A US government shutdown raised economic concerns. OPEC+ may boost output. US crude inventories increased last week.
Kuwait launches $11.25 billion 3-part bond: IFR
Kuwait sold $11.25 billion in bonds. This was its first bond sale in eight years. The Gulf oil exporter offered a three-tranche bond. It attracted strong investor demand. Orders exceeded $23 billion. Pricing tightened due to this high interest. A three-year portion, a five-year tranche, and a ten-year portion were launched.
Brazil’s Treasury sees larger debt stock this year
Brazil’s Treasury expects a larger debt stock this year, revising its forecast to 8.5-8.8 trillion reais. This increase reflects a strategy of frontloading bond sales, capitalizing on current favorable market conditions and strong demand. The move aims to preempt expected volatility around the 2026 general election and a significant bond maturity in 2027.
India bond yields await RBI action for directional break
Indian government bond yields remain steady as markets await the Reserve Bank of India’s monetary policy decision today. While a majority anticipate unchanged rates, increasing calls for a 25-basis-point cut are emerging, with several large firms now expecting a reduction. Bond traders hope for dovish commentary hinting at future rate cuts.
Tata Motors shares in focus as Moody’s downgrades outlook after JLR cyber incident
Tata Motors share price: Moody’s downgraded Tata Motors’ outlook to negative after a cyberattack at JLR halted production. The company’s FY26 EBITDA is expected to take a massive hit due to this attack. While JLR has started a phased restart, prolonged disruptions could further affect earnings and cash flows, Moody’s added.
Power Finance Corporation among 7 stocks showing Bullish RSI upswing
Seven large-cap stocks, including Power Finance Corporation, LIC, PNB, and Bajaj Finserv, showed a bullish RSI upswing on September 29, signaling strengthening momentum.
Aptus Pharma shares to debut today. Here’s what GMP indicates ahead of listing
Aptus Pharma will debut on the BSE SME platform on September 30. Its initial public offering closed with high investor participation. The IPO was subscribed over 22 times across categories. Retail and high net worth individuals showed significant demand. The company distributes pharmaceutical formulations. It reported revenue and profit growth. Proceeds will fund working capital and new office infrastructure.
Fabtech Technologies IPO opens for subscription today. Check GMP, price band and other details
Fabtech Technologies will launch its IPO on September 29. The Rs 230 crore issue will close on October 1. The price band is set at Rs 181–191 per share. Strong grey market signals indicate potential listing gains. Funds will support working capital and acquisitions. Fabtech provides biopharma engineering solutions. The company showed strong financial growth in FY25.