News Overview

Tourism is booming in India and the Kotak Tourism Index Fund is the right opportunity to play the stock market side of the story

The US jobs data opens the doors for a definite 25 bps rate cut; and a possible 50 bps rate cut in September

In India, EVs had a 6.3% market share last year, up 50% from the previous year. Batteries account for roughly 40% of an EV's pricing.

Yunus' government has criticised the costly infrastructure agreements signed by Hasina, particularly the problematic agreement with Adani.

The selling pressure was largely concentrated on Friday, ahead of the critical US jobs data announcement

The IPO comprises a fresh issue of equity shares worth ₹250 crore and an offer-for-sale (OFS) of up to ₹250 crore by promoters.

The price band for the ₹230-Crore IPO has been set at ₹215 - ₹226 per share.

Unemployment in August has tapered by 10 bps, but it is still too high to entirely dismiss hard landing concerns

The Nifty Attractiveness Quotient in August sees new names at the top like Bharti Airtel, Sun Pharma, and HDFC Bank

FPIs infused $1.31 Billion into Indian equities during the week, despite the indices closing the week in the red