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Asian stocks showed mixed performance following Wall Street's losses, as an AI-driven rally showed signs of fatigue. Investors are closely watching policy risks, including US investigations into imports and concerns over visa issues affecting Korean investments. Attention is now shifting to upcoming economic data and potential impacts on market direction as October approaches.
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Indian pharmaceutical and healthcare firms are set for a significant fundraising push, aiming to garner 12,000-13,000 crore through IPOs in the coming months. Approximately fifteen companies are expected to enter the primary market, with fertility and women's health segments particularly in focus.
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Mumbai bond market awaits the government's borrowing calendar. Traders are cautious before the monetary policy review. They anticipate details on the Centre's H2 borrowing. The market expects changes in long-term bond issuance. RBI's reallocation strategy is also under scrutiny. Experts suggest measures to address yield curve distortions. The focus is on rebalancing the borrowing calendar.
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News and Media
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