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FPIs invest Rs 11,000 crore in India in first week of September. Will US jobs data increase flows?
https://economictimes.indiatimes.com/markets/stocks/news/fpis-invest-rs-11000-crore-in-first-week-of-september-will-us-jobs-data-increase-flows/articleshow/113149579.cms
Published: September 7, 2024 10:10
However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.
Dalal Street Week Ahead: Nifty may continue to remain under corrective pressure
https://economictimes.indiatimes.com/markets/stocks/news/dalal-street-week-ahead-nifty-may-continue-to-remain-under-corrective-pressure/articleshow/113149511.cms
Published: September 7, 2024 10:08
The volatility spiked as well; the volatility barometer India VIX surged by 13.63% to 15.22 on a weekly basis. While setting a distinct corrective undertone, the headline index closed with a net weekly loss of 383.75 points (-1.52%)
F&O Talk| Nifty faces reversal signals and weaker breadth, key support at 24,500-24,400: Sudeep Shah of SBI Securities
https://economictimes.indiatimes.com/markets/expert-view/fo-talk-nifty-faces-reversal-signals-and-weaker-breadth-key-support-at-24500-24400-sudeep-shah-of-sbi-securities/articleshow/113149013.cms
Published: September 7, 2024 09:46
The 50 component index Nifty 50 as well Sensex closed nearly 1.2% lower today. The former closed 293 points lower at 24,852 while the latter dipped by 1,017 points to 81,184.
Wockhardt denies allegations of rent payments connections to SEBI orders, claims them baseless
https://economictimes.indiatimes.com/markets/stocks/news/wockhardt-denies-allegations-of-rent-payments-connections-to-sebi-orders-claims-them-baseless/articleshow/113147623.cms
Published: September 7, 2024 08:43
Congress leader Pawan Khera on Friday had accused Sebi chief Madhabi Puri Buch of conflict of interest with the pharma company.
RIL bonus shares record date likely in October? Here’s what data suggests
https://economictimes.indiatimes.com/markets/stocks/news/ril-bonus-shares-record-date-likely-in-october-heres-what-data-suggests/articleshow/113147591.cms
Published: September 7, 2024 08:40
The Ambani-led company has announced that the date for determining shareholder eligibility for the 1:1 bonus issue will be revealed later. However, historical data suggests the record date for the RIL bonus shares might be next month.
Gold ends lower in a highly volatile trade amid uncertainty over rate cuts
https://economictimes.indiatimes.com/markets/commodities/news/gold-ends-lower-in-a-highly-volatile-trade-amid-uncertainty-over-rate-cuts/articleshow/113147532.cms
Published: September 7, 2024 08:37
Gold rallied to test the all-time high soon after the release of the US NFP report as the number of jobs added fell short of forecast and continuing downward revision in the previous data portrayed a weakening job market, which increase the possibility of…
Concurrent Gainers: These 9 smallcap stocks gained for 5 days in a row
https://economictimes.indiatimes.com/markets/stocks/news/concurrent-gainers-these-9-smallcap-stocks-gained-for-5-days-in-a-row/consistent-gainers/slideshow/113146656.cms
Published: September 7, 2024 07:57
Over the last five trading sessions up to September 6, the Sensex index declined by approximately 1.43%, closing at 81,184, with losses occurring in 4 out of the 5 sessions. Despite this market weakness, ETMarkets identified 15 stocks from the BSE smallcap…
Vedanta, BEML, among 140 stocks to remain in focus next week for dividend, bonus, split. Do you own any?
https://economictimes.indiatimes.com/markets/stocks/news/vedanta-beml-among-140-stocks-to-remain-in-focus-next-week-for-dividend-bonus-split-do-you-own-any/articleshow/113146134.cms
Published: September 7, 2024 07:38
The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
LIC among Motilal’s 5 top life insurance picks, forecasts upside potential up to 25%
https://economictimes.indiatimes.com/markets/stocks/news/lic-among-motilals-5-top-life-insurance-picks-forecasts-upside-potential-up-to-25/articleshow/113145269.cms
Published: September 7, 2024 06:42
Looking ahead, the domestic brokerage firm believes that the forthcoming regulations, such as risk-based solvency and IFRS, are expected to positively influence financials by releasing capital that can be utilized for growth and for retaining a larger…
IPO calendar next week: 13 new issues to flood primary market in one of busiest weeks seen this year
https://economictimes.indiatimes.com/markets/ipos/fpos/ipo-calendar-next-week-13-new-issues-to-flood-primary-market-in-one-of-busiest-weeks-seen-this-year/articleshow/113144539.cms
Published: September 7, 2024 06:00
Analysts said this flurry of activity reflects growing investor confidence and signals a vibrant capital-raising environment, underscoring India's robust economic fundamentals.
8 Indian stock picks inspired by Peter Lynch's investment style
https://economictimes.indiatimes.com/markets/stocks/news/8-indian-stock-picks-inspired-by-peter-lynchs-investment-style/stock-picks/slideshow/113144225.cms
Published: September 7, 2024 05:42
Peter Lynch, the famed American investor and mutual fund manager, is widely known for his "growth at a reasonable price" investment approach. He is closely associated with the PEG ratio, which compares price-to-earnings (PE) ratios to growth rates.…
Wealth management and the triple multiplier effect
https://economictimes.indiatimes.com/markets/stocks/news/wealth-management-and-the-triple-multiplier-effect/articleshow/113143926.cms
Published: September 7, 2024 05:28
This growth is underpinned by the ‘Triple Multiplier Effect’ – the confluence of rising High Networth Individuals (HNI) investors, asset appreciation, and savings from incremental growth in income.
3 reasons why Indian pharma is getting ready for unstoppable growth
https://economictimes.indiatimes.com/markets/stocks/news/3-reasons-why-indian-pharma-is-getting-ready-for-unstoppable-growth/articleshow/113143854.cms
Published: September 7, 2024 05:23
For Indian pharmaceutical companies, this scenario presents a distinct opportunity. Leveraging their established expertise and leadership in global COVID-19 vaccine distribution, along with robust supply chain efficiencies, Indian firms are strategically…
Quant Mutual Fund crosses Rs 1 lakh crore AUM in August
https://economictimes.indiatimes.com/mf/mf-news/quant-mutual-fund-crosses-rs-1-lakh-crore-aum-in-august/articleshow/113143157.cms
Published: September 7, 2024 04:32
The fund house mentioned that, “At quant, we are today acknowledging our emotional connection with our stakeholders, which is pouring forth in a big way as we put a marker down, with over 81 million of our unique investors, on a unique landmark within just…
45 smallcap stocks buck the trend to offer double-digit weekly returns amid sharp sell-off
https://economictimes.indiatimes.com/markets/stocks/news/45-smallcap-stocks-buck-the-trend-to-offer-double-digit-weekly-returns-amid-sharp-sell-off/articleshow/113142809.cms
Published: September 7, 2024 04:03
Rama Steel Tubes was the top gainer in the smallcap pack with nearly 60% return, followed by Refex Industries (32.3%), Kitex Garments (27%), and 63 Moons Technologies (26%).
China bulls getting tired of waiting for elusive stock recovery
https://economictimes.indiatimes.com/markets/stocks/news/china-bulls-getting-tired-of-waiting-for-elusive-stock-recovery/articleshow/113142785.cms
Published: September 7, 2024 04:00
Over the past two weeks, long-standing China bulls UBS Global Wealth Management, Nomura Holdings Inc., and JPMorgan Chase & Co. have all downgraded the country’s equities, citing concerns ranging from the property-led demand slump to piecemeal stimulus…
5 world market themes for the week ahead
https://economictimes.indiatimes.com/markets/stocks/news/5-world-market-themes-for-the-week-ahead/articleshow/113142691.cms
Published: September 7, 2024 03:50
September's market volatility may persist as investors await key macro events. U.S. consumer price data on Sept. 11 could influence the Federal Reserve's rate decisions. The European Central Bank is expected to cut rates again, while Japan prepares for a…
China's central bank pauses gold purchases for a fourth month in August
https://economictimes.indiatimes.com/markets/commodities/news/chinas-central-bank-pauses-gold-purchases-for-a-fourth-month-in-august/articleshow/113142565.cms
Published: September 7, 2024 03:39
China's central bank has paused its gold purchases for the fourth consecutive month in August, with holdings remaining at 72.8 million fine troy ounces. Despite this, the value of these reserves increased to $182.98 billion due to rising gold prices driven…
Wall Street Week Ahead: Economic worries back on Wall Street's radar after jobs data
https://economictimes.indiatimes.com/markets/stocks/news/wall-st-week-ahead-economic-worries-back-on-wall-streets-radar-after-jobs-data/articleshow/113142494.cms
Published: September 7, 2024 03:33
Uncertainty over the U.S. economy's health is affecting markets, with investors concerned about Federal Reserve policy shifts, a tight U.S. election, and high valuations. Recent jobs data suggests a slowing labor market, raising fears of economic pressure…
3 top stock recommendations from Rajesh Palviya for next week
https://economictimes.indiatimes.com/markets/expert-view/3-top-stock-recommendations-from-rajesh-palviya/articleshow/113129915.cms
Published: September 7, 2024 03:31
​Looking at the near-term structure, if we sustain below to 25,000 level, yes, possibly we could see furthermore supply pressure in the continuation of this down move.
Wall Street stocks fall, big weekly drop as market waits for Fed to move
https://economictimes.indiatimes.com/markets/stocks/news/wall-street-stocks-fall-big-weekly-drop-as-market-waits-for-fed-to-move/articleshow/113142082.cms
Published: September 7, 2024 02:57
All three main indexes were lower, with the 11 sectors of the benchmark S&P 500 losing ground led by declines in communication services, consumer discretionary and technology equities.
SBI, Voda Idea shares tumble after Goldman's rating action
https://economictimes.indiatimes.com/markets/stocks/news/sbi-voda-idea-shares-tumble-after-goldmans-rating-action/articleshow/113141903.cms
Published: September 7, 2024 02:42
On Vi, it maintained its sell rating, while raising the price target to ₹2.5 from ₹2.2, implying a downside of 81.4% from Friday's closing of ₹13.43. Vodafone shares plunged 11% on Friday.
Dalal Street indices tank on weak global cues
https://economictimes.indiatimes.com/markets/stocks/news/dalal-street-indices-tank-on-weak-global-cues/articleshow/113141439.cms
Published: September 7, 2024 02:00
The regulations require overseas investment vehicles to provide granular details of all entities holding any ownership, economic interest, or exercising control, failing which they must liquidate their domestic holdings.
Tatas' aviation business more than halves loss in FY24: Annual report
https://economictimes.indiatimes.com/markets/stocks/news/tatas-aviation-business-more-than-halves-loss-in-fy24-annual-report/articleshow/113141572.cms
Published: September 7, 2024 00:00
The Tata Group's aviation business, including Air India and Vistara, reduced losses to ₹6,337 crore from ₹15,414 crore. Air India saw a 24% revenue increase to ₹51,365 crore. Tata Digital's business grew 148%, but net losses widened. Tata Sons' net profit…
Zepto in talks with investment banks for potential IPO next year
https://economictimes.indiatimes.com/markets/ipos/fpos/zepto-in-talks-with-investment-banks-for-potential-ipo-next-year/articleshow/113141605.cms
Published: September 6, 2024 18:35
The Mumbai-based startup is also talking to domestic investment banks for a potential listing of shares by August next year, one of the people said. Swiggy, the parent of Zepto’s rival Instamart, is also readying to hit the public market later this year…
SpiceJet restructures $97 million dues to Carlyle Aviation into equity and debentures
https://economictimes.indiatimes.com/markets/stocks/news/spicejet-restructures-97-million-dues-to-carlyle-aviation-into-equity-and-debentures/articleshow/113134782.cms
Published: September 6, 2024 16:23
SpiceJet announced that Carlyle Aviation Partners will convert part of their debt into equity, restructuring aircraft lease obligations. Carlyle may also invest in SpiceXpress & Logistics. The airline is seeking to raise Rs 2,500 crore through a share sale…
Peak XV Partners sells 22 pc stake in Indigo Paints for Rs 1,557 crore; Morgan Stanley, HDFC MF among buyers
https://economictimes.indiatimes.com/markets/stocks/news/peak-xv-partners-sells-22-pc-stake-in-indigo-paints-for-rs-1557-crore-morgan-stanley-hdfc-mf-among-buyers/articleshow/113134592.cms
Published: September 6, 2024 16:08
Peak XV Partners, formerly Sequoia Capital India and SEA, sold over 22% stake in Indigo Paints for Rs 1,557 crore to investors including Morgan Stanley, Mercer, and HDFC MF. The shares were sold via open market transactions. Following the sale, Indigo…
Kross raises Rs 150 crore from anchor investors ahead of IPO
https://economictimes.indiatimes.com/markets/ipos/fpos/kross-raises-rs-150-cr-from-anchor-investors-ahead-of-ipo/articleshow/113132873.cms
Published: September 6, 2024 14:29
Kross Ltd has secured Rs 150 crore from 19 anchor investors ahead of its IPO. The company plans to raise Rs 500 crore through a fresh equity sale and an offer for sale by promoters. The funds will be used for capital expenditure, debt repayment, and…
Palestinian hospital says US citizen in West Bank dies of 'gunshot in the head'
https://economictimes.indiatimes.com/news/international/world-news/palestinian-hospital-says-us-citizen-in-west-bank-dies-of-gunshot-in-the-head/articleshow/113132221.cms
Published: September 6, 2024 14:13
A US citizen has died from a gunshot wound to the head in the occupied West Bank, according to a Palestinian hospital official. The activist was involved in a campaign to protect farmers from Israeli settler violence. Israeli military is investigating the…
Fed's Williams says time has arrived to start rate cuts
https://economictimes.indiatimes.com/markets/stocks/news/feds-williams-says-time-has-arrived-to-start-rate-cuts/articleshow/113130066.cms
Published: September 6, 2024 13:15
Federal Reserve Bank of New York President John Williams said Friday that a better balanced economy has opened the door to cutting rates, with the full course of action to be determined by how the economy performs.
How Donald Trump and Elon Musk want to 'eliminate fraud' and save 'trillions of dollars' of US govt
https://economictimes.indiatimes.com/news/international/world-news/how-donald-trump-and-elon-musk-want-to-eliminate-fraud-and-save-trillions-of-dollars-of-us-govt/articleshow/113129136.cms
Published: September 6, 2024 12:38
Billionaire Elon Musk will join the US government if Donald Trump is elected President. Trump announced this during a speech to the Economic Club of New York, stating that Musk will lead a government efficiency commission aimed at reducing fraud and…
Tech view: Nifty breaks 25,000 support, forms long bear candle. How to trade on Monday
https://economictimes.indiatimes.com/markets/stocks/news/tech-view-nifty-breaks-25000-support-forms-long-bear-candle-how-to-trade-on-monday/articleshow/113127549.cms
Published: September 6, 2024 11:39
The emergence of a long bear candle on the daily chart, coupled with a decisive break below the 25,000 support level, points towards a significant downward shift in the market. This pattern, according to Nagaraj Shetti of HDFC Securities, confirms a…
How will Biosecure Act impact Indian pharma companies? Aditya Khemka explains
https://economictimes.indiatimes.com/markets/expert-view/how-will-biosecure-act-impact-indian-pharma-companies-aditya-khemka-explains/articleshow/113121229.cms
Published: September 6, 2024 08:56
​We own a stock here called Jubilant Pharmova. The company was given a grant from the US government to create a manufacturing facility on the US soil and the US government would have the right of first refusal on production on the facility. And when the US…
No red flag in India but a period of extended low returns, or a pullback likely: Vikash Kumar Jain
https://economictimes.indiatimes.com/markets/expert-view/no-red-flag-in-india-but-a-period-of-extended-low-returns-or-a-pullback-like-in-august-likely-vikash-kumar-jain/articleshow/113121311.cms
Published: September 6, 2024 08:52
Vikash Kumar Jain from CLSA discusses India's bullish market trends, potential for low returns, and the recent growth in the pharma sector. He highlights the need not to view global sectors through the India lens and says that will be a blatant mistake.…
Sandip Sabharwal on two stocks to bet on if market corrects 5-10%
https://economictimes.indiatimes.com/markets/expert-view/sandip-sabharwal-on-two-stocks-to-bet-on-if-market-corrects-5-10/articleshow/113116218.cms
Published: September 6, 2024 06:34
​We did pick up post results somewhat and would look to add if it corrects more. Then, during the budget time, I had said that a company which we own and which has also done reasonably well, SH Kelkar, which is on the flavours and fragrances side, so they…
Matrimony.com approves Rs 72 crore share buyback, stock up 3%
https://economictimes.indiatimes.com/markets/stocks/news/matrimony-com-approves-rs-72-crore-share-buyback-stock-up-3/articleshow/113116448.cms
Published: September 6, 2024 06:32
Matrimony Share Buyback: Matrimony.com’s board approved a Rs 72 crore share buyback at Rs 1,025 per share, a 27.5% premium. The stock rose 3% to Rs 829.55 on the news.
Is it time to increase cash holdings in anticipation of market correction? Sandip Sabharwal answers
https://economictimes.indiatimes.com/markets/expert-view/is-it-time-to-increase-cash-holdings-in-anticipation-of-market-correctionsandip-sabharwal-answers/articleshow/113114843.cms
Published: September 6, 2024 05:48
So, September, October, in any case, tend to be months where after big up moves, some corrections tend to happen globally also historically. So, I think these two months we have to look out for.
Vodafone Idea shares plunge 14% after Goldman slashes target price to Rs 2.5
https://economictimes.indiatimes.com/markets/stocks/news/vodafone-idea-shares-plunge-14-after-goldmans-target-price-of-rs-2-5/articleshow/113114084.cms
Published: September 6, 2024 05:15
Vodafone Idea’s share price fell by 14% on Friday, hitting a low of Rs 12.91 from the previous day’s close of Rs 15.09. This drop followed a target price of Rs 2.5 set by global brokerage firm Goldman Sachs, which also indicated a potential downside of up…
Ridiculed for dilapidated office, Boss Packaging lists at 25% premium
https://economictimes.indiatimes.com/markets/stocks/news/ridiculed-for-dilapidated-office-boss-packaging-lists-at-25-premium/articleshow/113113762.cms
Published: September 6, 2024 04:59
Boss Packaging Solutions, criticized for its shabby office, saw its shares debut at a 25% premium on the NSE SME platform. The IPO aimed to raise Rs 8 crore but received bids over Rs 1,000 crore. The company plans to use the proceeds for machinery purchase…
Indigo Paints shares drop 6% after Rs 180-crore stake sale via block deal
https://economictimes.indiatimes.com/markets/stocks/news/indigo-paints-shares-drop-6-after-rs-180-crore-stake-sale-via-block-deal/articleshow/113113191.cms
Published: September 6, 2024 04:43
Shares of Indigo Paints fell by 5.7% to a low of Rs 1,452.10 on the BSE during early trading today. This decline followed a block deal estimated at Rs 179.2 crore, representing 2.5% of the company’s equity, at a price of Rs 1,493 per share. Reportedly, 1.2…
Rekha Jhunjhunwala-backed Baazar Style Retail shares list flat on bourses
https://economictimes.indiatimes.com/markets/stocks/news/lacklustre-debut-baazar-style-retail-shares-list-flat-on-bse/articleshow/113112746.cms
Published: September 6, 2024 04:29
Baazar Style Retail, backed by Rekha Jhunjhunwala, debuted on the BSE at Rs 389. The IPO received a strong response with nearly 41 times subscription. The company plans to use the proceeds for debt clearance and corporate purposes. Baazar Style is a…
ETMarkets Smart Talk: India’s economy to grow between 6.5% and 7% over next five years, says UBS Economist Tanvee Gupta Jain
https://economictimes.indiatimes.com/markets/expert-view/etmarkets-smart-talk-indias-economy-to-grow-between-6-5-and-7-over-next-five-years-says-ubs-economist-tanvee-gupta-jain/articleshow/113091939.cms
Published: September 6, 2024 03:30
We looked at the capital expenditure by both the central and state governments, which was partly affected by the parliamentary election. However, on a seasonally adjusted sequential basis, the momentum was still positive.
Stocks in news: Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, Godfrey Phillips
https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-indigo-paints-nucleus-software-venus-pipes-adani-enterprises-godfrey-phillips/articleshow/113109069.cms
Published: September 6, 2024 01:23
Stocks in news: Domestic markets ended slightly lower on Thursday amid ongoing consolidation. Key stocks in focus include Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, and Godfrey Phillips due to various developments. Notable updates…
Stocks, bonds struggle for momentum into US jobs: Markets wrap
https://economictimes.indiatimes.com/markets/stocks/news/stocks-bonds-struggle-for-momentum-into-us-jobs-markets-wrap/articleshow/113109023.cms
Published: September 6, 2024 01:18
Stocks, bonds, and major currencies remained stable as traders awaited US jobs data that could influence the Federal Reserve's rate cut decision. Asian markets showed minimal movement, with Japan fluctuating and Australia steady. The nonfarm payroll report…
Kamala Harris will be the next US President, says American 'Election Nostradamus' who correctly predicted 9 of the last 10 Elections
https://economictimes.indiatimes.com/news/international/world-news/kamala-harris-will-be-the-next-us-president-says-american-election-nostradamus-who-predicted-9-of-the-last-10-elections-correctly/articleshow/113103747.cms
Published: September 5, 2024 18:02
American historian Allan Lichtman, known for accurately predicting nine out of the last ten U.S. presidential elections, forecasts Kamala Harris as the next President. Using his '13 keys' model, Lichtman believes Harris has eight keys in her favor. His…
Bajaj Housing looks well placed to benefit from rising housing demand
https://economictimes.indiatimes.com/markets/stocks/news/bajaj-housing-looks-well-placed-to-benefit-from-rising-housing-demand/articleshow/113100307.cms
Published: September 5, 2024 14:19
Bajaj Housing Finance plans to raise Rs 6,560 crore via a share issue and offer for sale. Promoter Bajaj Finance will reduce its stake from 100% to 88.7%. BHFL, a fast-growing mortgage lender with robust financials, seeks to leverage increasing mortgage…
US second-quarter productivity revised higher
https://economictimes.indiatimes.com/news/international/business/us-second-quarter-productivity-revised-higher/articleshow/113099787.cms
Published: September 5, 2024 13:50
U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs and suggesting that inflation pressures could continue to subside. Nonfarm productivity increased at a 2.5% annualized rate last quarter, while unit…
US private sector hiring misses expectations in August, may impact Fed's rate decision
https://economictimes.indiatimes.com/news/international/business/us-private-sector-hiring-misses-expectations-in-august-may-impact-feds-rate-decision/articleshow/113098233.cms
Published: September 5, 2024 12:41
Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the health of the labor market comes under scrutiny. Private sector employment rose by 99,000 in August while job gains in July were…
Tech View: Nifty trajectory looks choppy, support at 25,000-24,900. Here’s how to trade on Friday
https://economictimes.indiatimes.com/markets/stocks/news/tech-view-nifty-trajectory-looks-choppy-support-at-25000-24900-heres-how-to-trade-on-friday/articleshow/113097495.cms
Published: September 5, 2024 12:21
On Thursday, Nifty ended slightly lower, forming a small red candle and closing 53.60 points down at 25,145. The short-term trend remains choppy, with key support at 25,000-24,900 and immediate resistance at 25,300, according to Nagaraj Shetti of HDFC…
Malik Obama: Meet Barack Obama's controversial half brother who is now a Donald Trump supporter
https://economictimes.indiatimes.com/news/international/world-news/malik-obama-meet-barack-obamas-controversial-half-brother-who-is-now-a-donald-trump-supporter/articleshow/113096497.cms
Published: September 5, 2024 11:47
Malik Obama, half-brother of former US President Barack Obama, has publicly endorsed Donald Trump for the presidential race. Malik, a registered Republican, expressed his support on social media and has a history of controversial political endorsements and…
View: Ending the tax on US Social Security income should be part of a broader reform
https://economictimes.indiatimes.com/news/international/world-news/view-ending-the-tax-on-us-social-security-income-should-be-part-of-a-broader-reform/articleshow/113093598.cms
Published: September 5, 2024 10:13
Social Security benefits are subject to federal and sometimes state taxes, a point of contention for retirees. Proposals to eliminate these taxes, including one from Donald Trump, face challenges due to the potential $1.5 trillion revenue loss over a…
What to watch for at the Kamala Harris-Donald Trump presidential debate
https://economictimes.indiatimes.com/news/international/world-news/what-to-watch-for-at-the-kamala-harris-donald-trump-presidential-debate/articleshow/113093348.cms
Published: September 5, 2024 10:07
Kamala Harris and Donald Trump will face off in their first televised debate next week. This high-stakes event could influence the final stretch to Election Day. Harris aims to highlight her priorities and counter Trump's attacks, while Trump seeks to…
12-year-old boy suffers heart attack after reel challenge involving inhalation of deodrant
https://economictimes.indiatimes.com/news/new-updates/12-year-old-boy-suffers-heart-attack-after-reel-challenge-involving-inhalation-of-deodrant/articleshow/113092338.cms
Published: September 5, 2024 09:55
A 12-year-old boy from Doncaster, South Yorkshire, suffered a cardiac arrest after inhaling deodorant as part of the dangerous 'chroming' challenge on TikTok. His mother performed CPR until paramedics arrived. The boy was placed in a medically induced coma…
Tirupati Balajee Agro Trading IPO sails through on first day of bidding process. Check GMP, other details
https://economictimes.indiatimes.com/markets/ipos/fpos/tirupati-balajee-agro-trading-ipo-sails-through-on-first-day-of-bidding-process-check-gmp-other-details/articleshow/113091493.cms
Published: September 5, 2024 09:26
Retail investors displayed the highest enthusiasm for the offering, with their portion being subscribed 4.5 times over. Qualified institutional buyers followed closely behind, subscribing 3.5 times the allocated shares. Non-institutional investors also…
High-class escort who charges Rs 73,000 per hour reveals 80% of men don’t want sex but...
https://economictimes.indiatimes.com/news/new-updates/high-class-escort-who-charges-rs-73000-per-hour-reveals-80-of-men-dont-want-sex-but-/articleshow/113090285.cms
Published: September 5, 2024 09:19
An Australian escort, Micki Daniels, reveals that 80% of her clients seek companionship rather than sex, attributing this trend to male loneliness. She explains that many men are uncomfortable in their own skin and come to her for non-judgmental comfort…
DP Singh on falling bond yield, cheap SIPs & how SBI MF is getting a billion dollars net into equity schemes every month
https://economictimes.indiatimes.com/markets/expert-view/dp-singh-on-falling-bond-yield-cheap-sips-how-sbi-mf-is-getting-a-billion-dollars-net-into-equity-schemes-every-month/articleshow/113090547.cms
Published: September 5, 2024 09:05
SBI Mutual Fund's AUM has surpassed Rs 11 lakh crore, with equal contributions from SIP and non-SIP modes, says Deputy MD & Joint CEO DP Singh . The mutual fund industry is seeing significant growth, with SBI capturing an 18% market share. Lower yields and…
Not the time to exit the market, but investors need to play safe: Sandeep Tandon
https://economictimes.indiatimes.com/markets/expert-view/not-the-time-to-exit-the-market-but-investors-need-to-play-safe-sandeep-tandon/articleshow/113086595.cms
Published: September 5, 2024 07:10
​In overall portfolio we have cut down, we have pruned down capital good significantly, because where we saw some amount of hype getting built and valuation was slightly stretched.
UN Secretary-General Antonio Guterres says 'injustices' against Africa must be corrected
https://economictimes.indiatimes.com/news/international/world-news/un-secretary-general-antonio-guterres-says-injustices-against-africa-must-be-corrected/articleshow/113086359.cms
Published: September 5, 2024 06:58
UN Secretary-General Antonio Guterres urged for a permanent seat for Africa on the UN Security Council, addressing over 50 African leaders at the China-Africa forum. He highlighted the continent's struggles with debt and sustainable development,…
Is the long-term bull market in PSU stocks over? Sandeep Tandon answers
https://economictimes.indiatimes.com/markets/expert-view/is-the-long-term-bull-market-in-psu-stocks-over-sandeep-tandon-answers/articleshow/113085259.cms
Published: September 5, 2024 06:37
​So, the key message is that keep analysing yourself, analyse your mistakes, and then you have willpower to learn from that and rectify that, that is the important learning I have seen from most of the veterans people.
Why employees in Japan are paying thousands to companies to quit their jobs
https://economictimes.indiatimes.com/news/new-updates/why-employees-in-japan-are-paying-thousands-to-companies-to-quit-their-jobs/articleshow/113083972.cms
Published: September 5, 2024 06:30
In Japan, companies like Exit are assisting employees in resigning from their jobs for a fee of 20,000 yen. These services handle the resignation process, including notifying employers and arranging the return of company property. The trend is growing due…
New Asian Tiger? India beats China in one of MSCI's emerging market indices
https://economictimes.indiatimes.com/markets/stocks/news/new-asian-tiger-india-beats-china-in-one-of-mscis-emerging-market-indices/articleshow/113084312.cms
Published: September 5, 2024 06:05
India has overtaken China in the MSCI EM Investable Market Index and is close to becoming the largest weight in the more popular EM index. This shift indicates increased foreign investment flows into Indian equities, driven by improving free float and…
Zomato shares rally 8% as JPMorgan hikes target price to Rs 340
https://economictimes.indiatimes.com/markets/stocks/news/zomato-shares-rally-8-as-jpmorgan-hikes-target-price-to-rs-340/articleshow/113082086.cms
Published: September 5, 2024 04:53
Zomato Share Price: Shares of Zomato surged 7.6% on the BSE today, hitting an intraday high of Rs 261.50, following JPMorgan's target price increase to Rs 340 from Rs 208, while maintaining an overweight rating. JPMorgan highlighted Zomato’s leadership in…
Travels and Rentals shares list at 37% premium over IPO price
https://economictimes.indiatimes.com/markets/ipos/fpos/travels-and-rentals-shares-list-at-37-premium-over-ipo-price/articleshow/113081608.cms
Published: September 5, 2024 04:42
Travels and Rentals shares listed on the BSE SME platform with a 37.5% premium over the IPO price, debuting at Rs 55 against an issue price of Rs 40. The IPO saw strong investor interest, being subscribed over 600 times. Proceeds will be used for working…
Not economic slowdown, semiconductor unwinding triggered by monopoly probe against Nvidia: ED Yardeni
https://economictimes.indiatimes.com/markets/expert-view/not-economic-slowdown-semiconductor-unwinding-triggered-by-monopoly-probe-against-nvidia-ed-yardeni/articleshow/113081250.cms
Published: September 5, 2024 04:35
ED Yardeni of Yardeni Research links the Nvidia-led tech selloff to a monopoly investigation rather than fears of an economic slowdown. He argues that the US economy is returning to pre-pandemic norms and anticipates strong employment figures. Yardeni also…
ETMarkets Smart Talk | FOMO, fintech, celebrities and the rise of India’s multi-decade bull run: Rajeev Mathur
https://economictimes.indiatimes.com/markets/expert-view/etmarkets-smart-talk-fomo-fintech-celebrities-and-the-rise-of-indias-multi-decade-bull-run-rajeev-mathur/articleshow/113058953.cms
Published: September 5, 2024 03:30
So, one important factor in India is that we are a country with a young population. We have almost 65 crore-plus smartphone users, almost 75 crore people have access to the internet, and 100 crore-plus have mobile phone connections. So, these are important…
Are FMCG and pharma the safest pockets to bet on now with the best risk-rewards? Gurmeet Chadha answers
https://economictimes.indiatimes.com/markets/expert-view/are-fmcg-and-pharma-the-safest-pockets-to-bet-on-now-with-the-best-risk-rewards-gurmeet-chadha-answers/articleshow/113063857.cms
Published: September 5, 2024 02:30
Gurmeet Chadha from Complete Circle Consultants discusses the potential impact of the Biosecure Act on pharma and CDMO companies, rural spending boosts in FMCG due to Maharashtra elections, and the festive season. He also highlights market rotations…
Why you should look to build a core and satellite portfolio
https://economictimes.indiatimes.com/markets/stocks/news/why-you-should-look-to-build-a-core-and-satellite-portfolio/articleshow/113078138.cms
Published: September 5, 2024 02:03
Financial planners suggest equity investors build a core and satellite portfolio, combining active and passive strategies. The core should be long-term oriented with large-cap focus, while the satellite portion can take tactical bets on sectors or themes.…
Patient investors could subscribe to GIC’s two-day OFS
https://economictimes.indiatimes.com/markets/stocks/news/patient-investors-could-subscribe-to-gics-two-day-ofs/articleshow/113078091.cms
Published: September 5, 2024 01:59
Retail investors can consider buying General Insurance Corporation shares in the ₹4,701-crore offer for sale on Thursday. Analysts suggest long-term holding for potential gains. The government is selling 6.78% of its stake, reducing its holding to 79%. GIC…
Work culture claims misplaced, officers misguided by ‘external elements’: Sebi
https://economictimes.indiatimes.com/markets/stocks/news/work-culture-claims-misplaced-officers-misguided-by-external-elements-sebi/articleshow/113077867.cms
Published: September 5, 2024 01:45
Sebi has claimed that its officers were misguided by external elements to raise concerns about leadership and HR practices, leading to a complaint to the finance ministry. The regulator denied allegations of a toxic work culture and said some employees…
Stocks in news: GIC Re, RIL, Vedanta, Sona BLW, PNB Housing Finance, Suzlon Energy
https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-gic-re-ril-vedanta-sona-blw-pnb-housing-finance-suzlon-energy/articleshow/113077688.cms
Published: September 5, 2024 01:24
Stocks in news: Equity markets paused after a 14-day winning streak, closing lower on Wednesday amid weak global trends. Key stocks in focus include GIC Re, RIL, Vedanta, Sona BLW, PNB Housing Finance, and Suzlon Energy due to various developments such as…
Yen gains hurt Japan stocks, dollar steadies: Markets wrap
https://economictimes.indiatimes.com/markets/stocks/news/yen-gains-hurt-japan-stocks-dollar-steadies-markets-wrap/articleshow/113077644.cms
Published: September 5, 2024 01:19
The yen strengthened as the dollar remained weak, with investors anticipating a Federal Reserve interest-rate cut. Japan's Nikkei 225 fell, while South Korea and Australia saw gains. US futures were stable after a slight drop in the S&P 500 and Nasdaq 100.…
'Cringe and Fake': Kamala Harris accused of using fake accent—Here's what really happened
https://economictimes.indiatimes.com/news/international/world-news/cringe-and-fake-kamala-harris-accused-of-using-fake-accentheres-what-really-happened/articleshow/113071773.cms
Published: September 4, 2024 17:34
U.S. Vice President Kamala Harris faced criticism on social media for allegedly using a "fake accent" during a Labor Day rally in Detroit. Critics accused her of adopting a forced southern accent, calling her speech insincere. Despite the backlash, Harris…
PN Gadgil Jewellers IPO to open on September 10. Check details
https://economictimes.indiatimes.com/markets/ipos/fpos/pn-gadgil-jewellers-ipo-to-open-on-september-10-check-details/articleshow/113071137.cms
Published: September 4, 2024 16:49
PN Gadgil Jewellers, Maharashtra's second largest organised jewellery player, will launch its IPO on September 10, aiming to raise Rs 1100 crore. The funds will be used for opening new stores, debt repayment, and general corporate purposes. The company has…
Apalachee High School shooting: Several injured in mass shooting in US high school in Georgia, here's what we know so far
https://economictimes.indiatimes.com/news/international/world-news/apalachee-high-school-shooting-gunfire-reported-heres-what-we-know-so-far/articleshow/113070893.cms
Published: September 4, 2024 16:22
US police and ambulances rushed to a high school in Georgia on Wednesday after reports of an active shooter and possible injuries, with students evacuated from the scene. The Apalachee High School in Barrow County, Georgia, sent a message to parents saying…
Gold slumps Rs 450 to Rs 73,600 per 10 gram; silver plummets Rs 1,650
https://economictimes.indiatimes.com/markets/commodities/gold-slumps-rs-450-to-rs-73600-per-10-gram-silver-plummets-rs-1650/articleshow/113070184.cms
Published: September 4, 2024 15:42
Silver prices also plummeted by Rs 1,650 to Rs 83,600 per kilogram from Rs 85,250 per kg in the previous close, according to the All India Sarafa Association.
Labour income stagnated since 2019, primarily due to Covid and technological upgradation: ILO
https://economictimes.indiatimes.com/news/economy/indicators/labour-income-stagnated-since-2019-primarily-due-to-covid-and-technological-upgradation-ilo/articleshow/113067936.cms
Published: September 4, 2024 13:56
The World Employment and Social Outlook report, released by the ILO on Wednesday, says the global labour income share fell by 0.6 percentage points from 2019 to 2022 and has since remained flat putting upward pressure on inequality, suggesting nations…
Vedanta gets long term ratings upgrade from ICRA following QIP, Hind Zinc OFS
https://economictimes.indiatimes.com/markets/stocks/news/vedanta-gets-long-term-ratings-upgrade-from-icra-following-qip-hind-zinc-ofs/articleshow/113067601.cms
Published: September 4, 2024 13:28
Vedanta's long-term ratings were upgraded by ICRA following successful fund-raising efforts, including a $1 billion QIP and $400 million OFS of Hindustan Zinc shares. These moves are expected to improve credit metrics and reduce debt, enhancing financial…
Tech View: Dips towards 25k can be buying opportunities. Here’s how to trade on Thursday
https://economictimes.indiatimes.com/markets/stocks/news/tech-view-dips-towards-25k-can-be-buying-opportunities-heres-how-to-trade-on-thursday/articleshow/113067241.cms
Published: September 4, 2024 13:11
According to Nagaraj Shetti of HDFC Securities, the Nifty is currently hovering around the critical support level of 25,000, which coincides with both an ascending trend line and the 10-day EMA. The daily chart displays a bullish pattern, characterized by…
General Insurance Corporation's OFS sees strong demand with 108% subscription on Day 1
https://economictimes.indiatimes.com/markets/stocks/news/general-insurance-corporations-ofs-gets-strong-demand-with-108-subscription-on-day-1/articleshow/113066501.cms
Published: September 4, 2024 12:43
As part of the OFS, the government has opted to exercise the greenshoe option, increasing the total stake sale to 6.78%. The government plans to sell up to a 3.39% equity stake on September 4 for non-retail investors. At an offer price of Rs 395 per share,…
How Indian-Americans are rallying behind Kamala Harris in fight against Donald Trump
https://economictimes.indiatimes.com/news/international/world-news/how-indian-americans-are-rallying-behind-kamala-harris-in-fight-against-donald-trump/articleshow/113065903.cms
Published: September 4, 2024 12:28
Kamala Harris vs Donald Trump: Indian-Americans are rallying behind Vice President Kamala Harris for the upcoming US presidential elections against Donald Trump. The 'Indian Americans for Harris' campaign aims to mobilize support in key battleground…
UK: Bankers brace for big hit as fear mounts over likely budget tax blow
https://economictimes.indiatimes.com/news/international/business/uk-bankers-brace-for-big-hit-as-fear-mounts-over-likely-budget-tax-blow/articleshow/113060293.cms
Published: September 4, 2024 09:47
UK-based banks are intensifying lobbying efforts against potential tax hikes in the upcoming Budget on October 30. Finance minister Rachel Reeves is expected to discuss increasing taxes on lenders' profits. Concerns arise as Prime Minister Keir Starmer…
Why Aditya Welekar continues to be negative on steel stocks
https://economictimes.indiatimes.com/markets/expert-view/why-aditya-welekar-continues-to-be-negative-on-steel-stocks/articleshow/113060007.cms
Published: September 4, 2024 09:46
Aditya Welekar from Axis Securities suggests that increasing the import duty on steel could positively impact Indian steel prices, though they would still remain higher than Chinese prices. Despite some price hikes by domestic mills, the outlook on steel…
HPCL, ICICI Lombard among 6 midcap stocks hitting fresh 52-week highs on Wednesday
https://economictimes.indiatimes.com/markets/stocks/news/hpcl-icici-lombard-among-6-midcap-stocks-hitting-fresh-52-week-highs-on-wednesday/slideshow/113059319.cms
Published: September 4, 2024 09:16
Indian benchmark equity indices fell on Wednesday, weighed down by IT stocks and following a decline in global markets amid renewed concerns about a potential slowdown in the United States.
Bullish on equities in the short and long-term, in medium term, bonds make sense: Herald Van Der Linde, HSBC
https://economictimes.indiatimes.com/markets/expert-view/bullish-on-equities-in-the-short-and-long-term-in-medium-term-bonds-make-sense-herald-van-der-linde-hsbc/articleshow/113057589.cms
Published: September 4, 2024 08:43
Herald Van Der Linde from HSBC suggests investors remain positive on equities but avoid crowded trades. He highlights the potential of income-centric investments like bonds in the medium term. The global market outlook is influenced by AI trades and…
OMCs drop up to 5% as crude prices plummet
https://economictimes.indiatimes.com/markets/stocks/news/oil-stocks-drop-up-to-5-as-crude-prices-plummet/articleshow/113054391.cms
Published: September 4, 2024 06:59
ONGC declined to the day’s low of Rs 309.2, with a fall of 4.2%. Chennai Petroleum Corporation shares dropped 5% to a low of Rs 933.3. GAIL and Oil India also witnessed a slide of up to 2%. Crude oil prices continued to slip on Wednesday. The US crude…
Unlocking Growth: Bajaj Housing Finance set for IPO as it eyes market expansion
https://economictimes.indiatimes.com/markets/expert-view/unlocking-growth-bajaj-housing-finance-set-for-ipo-as-it-eyes-market-expansion/articleshow/113052947.cms
Published: September 4, 2024 06:33
​We believe there is a sufficient or a very large market opportunity available in the mortgage space. The market is very large. Even to the size and the scale what we have reached, we remain a very small portion of the overall mortgage market, because…
Be a little cautious now; top 3 ideas to consider in this market: Hemang Jani
https://economictimes.indiatimes.com/markets/expert-view/be-a-little-cautious-now-top-3-ideas-to-consider-in-this-market-hemang-jani/articleshow/113053035.cms
Published: September 4, 2024 06:25
Hemang Jani, a market expert, indicates that the recent market momentum may taper off but highlights potential in defence and clean energy sectors due to structural reforms. He recommends cautious investment in specific companies like Deepak Nitrite and…
Paramatrix Technologies shares list at 5% premium over issue price
https://economictimes.indiatimes.com/markets/stocks/news/paramatrix-technologies-lists-at-5-premium-over-issue-price/articleshow/113050860.cms
Published: September 4, 2024 05:06
Paramatrix Technologies Share Price: Paramatrix Technologies' shares listed on the NSE SME platform with a 5% premium, debuting at Rs 115 against an issue price of Rs 110. The IPO, a fresh equity sale of 30.76 lakh shares, was subscribed over nine times.…
Aeron Composite stock debuts with 20% premium on NSE SME platform
https://economictimes.indiatimes.com/markets/stocks/news/aeron-composite-stock-debuts-with-20-premium-on-nse-sme-platform/articleshow/113050143.cms
Published: September 4, 2024 04:39
Aeron Composite's shares listed on the NSE SME platform with a 20% premium at Rs 150, compared to the issue price of Rs 125. The IPO saw a subscription of over 40 times, raising Rs 56.1 crore. Proceeds will fund a new manufacturing unit and other corporate…
Ecos Mobility and Hospitality shares list at 17% premium over IPO price
https://economictimes.indiatimes.com/markets/stocks/news/ecos-mobility-and-hospitality-shares-list-at-17-premium-over-ipo-price/articleshow/113049726.cms
Published: September 4, 2024 04:36
Ecos Mobility Share Price: The IPO has garnered strong investor interest, with a subscription rate of 64.18X. "The IPO's valuation appears high based on the P/E ratio. Given the mixed financial performance, investors might consider a wait-and-see…
Rate cut cycle, further production cut announcement by Opec Plus could prop up oil prices: Nadia Elbilassy
https://economictimes.indiatimes.com/markets/expert-view/rate-cut-cycle-further-production-cut-announcement-by-opec-plus-could-prop-up-oil-prices-nadia-elbilassy/articleshow/113049774.cms
Published: September 4, 2024 04:30
According to Nadia Elbilassy of the Equiti Group, oil prices have been under pressure due to already factored-in production cuts and increased US oil production. Weak manufacturing data from China and a softening US economy have also contributed to the…
ETMarkets Smart Talk: Indians betting big on U.S. markets with $6 bn in direct investments: Ashish Kashyap, INDmoney
https://economictimes.indiatimes.com/markets/expert-view/etmarkets-smart-talk-indians-betting-big-on-u-s-markets-with-6-bn-in-direct-investments-ashish-kashyap-indmoney/articleshow/113010612.cms
Published: September 4, 2024 03:30
Through the direct route, Indian investors have the option to create accounts with US based brokers and remit money via the Liberalized Remittance Scheme (LRS), and invest directly in U.S. stocks and ETFs.
Next 6 months, expect power financiers, insurance & MF companies to beat banks: Ajay Bagga
https://economictimes.indiatimes.com/markets/expert-view/next-6-months-expect-power-financiers-insurance-mf-companies-to-beat-banks-ajay-bagga/articleshow/113025602.cms
Published: September 4, 2024 02:41
Ajay Bagga discusses the rural economy's resurgence and its impact on various sectors. He highlights NIM compression in banks due to deposit wars and suggests better returns in power financiers, insurance, or mutual funds. However, he says, banks will do…
Bond St lights up with FPI money, more to flow in after Fed rate cut
https://economictimes.indiatimes.com/markets/bonds/bond-st-lights-up-with-fpi-money-more-to-flow-in-after-fed-rate-cut/articleshow/113047378.cms
Published: September 4, 2024 02:13
Foreign ownership of Indian government bonds surged in August, driven by expectations of a US rate cut and JP Morgan's inclusion of local debt in its index. This trend is likely to continue as global portfolio managers seek emerging market assets, with…
Ventive Hospitality, a Blackstone JV, lines up Rs 2,500-crore IPO
https://economictimes.indiatimes.com/markets/ipos/fpos/ventive-hospitality-a-blackstone-jv-lines-up-rs-2500-crore-ipo/articleshow/113047324.cms
Published: September 4, 2024 02:08
Ventive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, plans to file for an IPO to raise ₹2,500 crore. The company owns luxury hotels in India, the Maldives, and Sri Lanka. JM Financial and Kotak Mahindra Capital are appointed…
QIP route sees heavy traffic of listed cos headed for raising fresh capital
https://economictimes.indiatimes.com/markets/stocks/news/qip-route-sees-heavy-traffic-of-listed-cos-headed-for-raising-fresh-capital/articleshow/113047150.cms
Published: September 4, 2024 01:53
Listed companies are increasingly using qualified institutional placements (QIPs) to raise capital. In the first eight months of 2024, 55 companies raised ₹58,400 crore through QIPs. Companies like Vedanta and Adani Energy Solutions have utilized this…
Sebi officials flag ‘toxic’ work culture to government
https://economictimes.indiatimes.com/markets/stocks/news/sebi-officials-flag-toxic-work-culture-to-government/articleshow/113047022.cms
Published: September 4, 2024 01:45
Sebi officials have complained to the finance ministry about a toxic work culture under chairperson Madhabi Puri Buch. The letter accuses the leadership of using harsh language, setting unrealistic targets, and monitoring employees excessively. Sebi claims…
Nvidia suffers record $279 billion loss in market value as Wall St drops
https://economictimes.indiatimes.com/markets/stocks/news/nvidia-suffers-record-279-billion-loss-in-market-value-as-wall-st-drops/articleshow/113046953.cms
Published: September 4, 2024 01:38
Shares of Nvidia plunged 9.5% in a historic single-day decline, shedding $279 billion in market value. This drop reflects investor caution about AI technology amid a broader market selloff following weak economic data. The PHLX chip index also fell…
Stocks in news: General Insurance Corp, ONGC, SpiceJet, GSK Pharma, Cipla
https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-general-insurance-corp-ongc-spicejet-gsk-pharma-cipla/articleshow/113046883.cms
Published: September 4, 2024 01:26
Stocks in news: Domestic markets remained steady with minor changes, continuing a gradual uptrend. Key stocks in focus include General Insurance Corp, ONGC, SpiceJet, GSK Pharma, and Cipla due to various developments. Notable updates include the…
Asia tracks worst US selloff since August crash: Markets wrap
https://economictimes.indiatimes.com/markets/stocks/news/asia-tracks-worst-us-selloff-since-august-crash-markets-wrap/articleshow/113046821.cms
Published: September 4, 2024 01:21
Asian stocks fell after Wall Street experienced its worst day since August 5, driven by weak US data and declining oil prices. The upcoming August jobs report is expected to show a modest increase in payrolls, while the Federal Reserve considers rate cuts…
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