PRE-MARKET INDIAN STOCK NEWS: TCS IS to report modest profit growth in Q2, SBI Funds seeking INR 1.17tln valuation, HFCL to invest INR 9.5bln in fibre optic production
Japan sells JPY 2.5tln 5-year JGBs; b/c 3.43x (prev. 3.11x), average yield 2.020% (prev. 1.905%)
US CENTCOM announces the completion of its most recent round of strikes against Iran, in which forces struck around 90 Iranian military targets
PRE-MARKET INDIAN STOCK NEWS: TCS IS to report modest profit growth in Q2, SBI Funds seeking INR 1.17tln valuation, HFCL to invest INR 9.5bln in fibre optic production
[MARKET ANALYSIS] DXY slightly softer as extended long positions limit the upside in the USD
[MARKET UPDATE] Asia-Pac equites reverse earlier gains, except the Nikkei 225, highlighting the extreme volatility; KOSPI -1.5% after printing gains in excess of 3%
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
India
Adani Enterprises (ADE IS) - Co. enters partnership with Dioxycle to produce formic acid in India and develop low-carbon chemicals. (Newswires)
HFCL (HMFC IS) - Co. plans to invest INR 9.5bln to enhance optical fibre cable production capacity over the next two years. (Economic Times)
Maruti Suzuki (MSIL IS) - Co. commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda manufacturing facility. (Economic Times)
Natco Pharma (NTCPH IS) - Co. announced investments of nearly INR 25bln in South Africa, including INR 14bln in its arm and INR 10.69bln to raise its stake in Adcock Ingram to 49% from 35.75%. (Economic Times)
National Aluminium Company (NACL IS), NLC India (NLC IS) - Cos. signed a 50:50 joint venture agreement to develop a 1,080 MW thermal captive power plant in Anugola, Odisha. (Economic Times)
State Bank of India (SBID IS) - Co. has reportedly raised over USD 1.5bln from offshore deposits under a special programme, Bloomberg reports. (Bloomberg)
SBI Funds Management - Co. is seeking a valuation of up to INR 1.17tln in its IPO next week, setting the price band of INR 545-574/shr. (Reuters)
Tata Consultancy Services (TCS IS) - Co. is expected to report modest profit growth for the June quarter, with revenue momentum likely to remain weak. (Economic Times)
Other News
- India is reportedly considering options, including holding talks with Iran, in order to secure safe passage for vessels loaded with crude and LPG, Bloomberg reports.
- The NSE has reportedly received approval from India’s market regulator for the launch of derivatives tied to the Nifty India FPI 150 index, Bloomberg reports.
Related headlines
- Newsqawk European Market Wrap - 9th September 20263 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight1 hour ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 3 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent7 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened7 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports4 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal8 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"39 min ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT31 min ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business1 hour ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement7 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest9 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl7 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes9 hours ago
- [MARKET UPDATE]: Yields rise, supporting the Dollar, weighing on stocks and spot gold after US Treasury announces it will buy a maximum USD 6bln in 10-20yr liquidity support buyback op. on Thursday1 hour ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners8 hours ago
- Updated Treasury Buyback Schedule: Maintains guidance from announcement that long dated buyback operations will be at least USD 4bln1 hour ago
- US Quarterly Services Survey (Q2 2026): +3% to USD 6,418.7bln3 hours ago
- OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports4 hours ago
- Alcoa (AA) files to sell USD 2.6bln senior unsecured notes due 2034 and 2036 with the funds to finance the South32 deal4 hours ago
The whole workspace, free to try.
Try it free