GQG Partners Emerging Markets Equity Fund—managed by US-based boutique asset manager GQG Partners, co-founded by Rajiv Jain—has sold nearly 1% of its stake in JSW Energy through open market deals on December 9. The fund offloaded 1.52 crore equity shares, representing 0.87% of JSW Energy’s paid-up equity, for approximately ₹676.7 crore at an average price of ₹444 per share. Following the sale, JSW Energy shares dropped…
India’s benchmark indices staged a strong intraday recovery on Tuesday, shaking off early jitters as smart investors scooped up undervalued stocks. The Sensex climbed back about 450 points from its session low of 84,382.96, while the Nifty pushed above 25,900 despite lingering in the red overall. By midday, Sensex stood at 84,858.62 (down 0.29%) and…
India’s quick commerce industry—once seen as a game‑changing innovation in urban retail—might be heading toward a major correction, warns Blinkit CEO Albinder Dhindsa. Despite billions poured in by SoftBank, Temasek, and Middle Eastern sovereign funds, the model’s heavy reliance on constant fundraising is now showing its limits. As cash supplies tighten, Dhindsa believes only companies…
China’s trade dynamics shifted dramatically in November, with exports jumping 5.9% year-over-year—beating economist forecasts of 4%—to propel the annual trade surplus beyond a record $1 trillion. Imports grew a modest 1.9%, resulting in a monthly surplus of $112 billion, highlighting Beijing’s ongoing reliance on foreign demand amid domestic challenges like sluggish consumption and a housing…
Stock Market Today: Sensex slips 450 pts, Nifty below 26,050: Caution ahead of Fed meet among key factors behind market decline The equity benchmark indices declined on Monday as investors booked profits in select sectors and foreign fund outflows continued ahead of the US Federal Reserve’s policy meeting. At around 12:30 p.m., the Sensex fell…
The 425% rally of Moore Threads is more than just a successful first day of trading; it is a statement of intent. The listing, which was oversubscribed by a factor of 2,700, reveals that capital is aggressively chasing exposure to China’s self-sufficiency drive, even as the broader market remains quiet. Investors appear willing to overlook…
Listing at a Glance What the Street is Saying View Rationale Source HOLD “Fully priced” at 23.8× FY26e EPS & 3.2× Mcap/Sales; global tech edge & clean-air leadership justify long-term stay Anand Rathi BOOK PARTIAL Listing gain of ₹18,685 per 37-share lot already captured; OFS structure means no fresh money for growth Upstox ADD-ON DIPS…
US stock futures dipped slightly overnight, setting the stage for a week full of blockbuster moves and headline risks. With the S&P 500 breaking the 6,800 ceiling for the first time, all eyes are now on Big Tech’s earnings, a pivotal Fed rate decision, and an important US-China trade summit that could shake up global…
Wall Street roared to record-closing highs on Friday, energizing investors as the Dow Jones Industrial Average crossed the 47,200 mark, the S&P 500 neared 6,800, and the Nasdaq Composite topped 23,200—all propelled by encouraging inflation data and standout corporate results. Cooling Inflation Fuels OptimismThe latest Consumer Price Index (CPI) report eased market nerves with September…
Japan’s stock market made history on Monday as the Nikkei 225 Index soared past the 50,000 mark for the first time, fueled by optimism over expected government stimulus under newly elected Prime Minister Sanae Takaichi The benchmark Nikkei climbed 2.46% to close at 50,512.32 — its highest finish ever — extending a powerful rally that…
