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Hindalco was trying to sell up to 8.6% of Novelis, including a green shoe option, at a price range of $18 to $21 per share.

The BSE Midcap index dipped by 0.6%, while the Smallcap index closed flat.

If the Fed minutes were the first official indication of rate cut, Powell’s Jackson Hole speech was almost the affirmation

Fed has almost hinted at a 25 bps rate cut in September, but CME Fedwatch seems to be inordinately optimistic

It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance

On the previous trading day, the Sensex gained 80.12 points, or 0.10%, closing at 81,133.31, while the Nifty rose by 11.70 points, or 0.05%, ending at 24,823.20.

With Powell almost confirming a rate cut in September, it gives a new perspective to global data flows

The market action next week is likely to be driven by GDP and fiscal deficit data in India and the PCE inflation in the US

After 3 weeks of selling, the FPIs again turned net buyers in the week with net infusion of $584 Million

Investors bid for 70.56 crore equity shares, which exceeded the offer amount of 74.5 lakh shares.