The proceeds will be used to fund capital expenditure across Adani’s airport network and support its broader growth plans: Source
On MCX, the yellow metal contracts for December delivery traded lower by ₹419, or 0.29 per cent, at ₹1,46,385 per 10 grams in a business turnover of 1,608 lots.
AstraZeneca is investing $2 billion in Summit Therapeutics, taking a potential 12% stake and partnering on cancer-drug development, including ivonescimab, while investors await upcoming FDA regulatory decisions.
‘The current energy system has so far absorbed much of the disruption through temporary buffers, bypass pipelines and changes in global trade flows’
Nifty’s September 30 rejig will trigger major passive flows, with BSE, Vedanta Aluminium and other stocks set for inflows, while Wipro, IHCL and others face outflows.
Nomura has initiated coverage on Allied Blenders & Distillers with a Buy rating and a target price of Rs 850, implying nearly 20% upside. The brokerage sees premiumisation, backward integration and margin expansion as key growth drivers, with EPS expected to grow at a 26% CAGR over FY26–FY29. Execution delays and slower premiumisation remain key risks.
Tesla shares fell amid market weakness and regulatory scrutiny of its driverless Cybercab. US safety regulators are seeking details on its certification, with Tesla’s response due September 30. Investors are also watching third-quarter deliveries, robotaxi progress and the delayed Roadster unveiling as key near-term developments.
But outflows matched investments last week, with US investors choosing to exit
Motilal Oswal Financial Services has pinpointed ten Nifty stocks as attractive growth investments. Key players like Bharti Airtel, State Bank of India, and ICICI Bank stand out in this selection. With analysts forecasting significant increases in earnings per share in the coming years, investors should reflect on their choices in light of this comprehensive research, which emphasizes the necessity of enhancing earnings and solid economic fundamentals in today's marketplace.
Chinese mainland stocks edged higher as Beijing pledged stronger policy support to ease economic pressures, while Hong Kong shares fell. Property stocks gained after fresh measures to stabilise the housing market, while thin holiday trading and elevated bond yields capped sentiment.
