read more....

• Rangebound trade continues in rupee; USD/INR pair hovers around 72.60

  On Tuesday, the rupee closed at record low at 72.98 per dollar on the back of higher crude prices. It fell 47 paise in yesterday trading session.

• Goldman Sachs lists out 11 stocks that are likely to get impacted the most due to weak rupee

  These include names such as IOC, BPCL, Hero MotoCorp, Shree Cements, Ambuja Cements, Havells India, HPCL, ACC, Exide Industries, IGL, and Amara Raja Batteries.

• Launch of NFO of ICICI Prudential Mutual Fund on BSE StAR MF Platform

• Discontinuation of subscription in Union Liquid Fund on BSE StAR MF Platform

• I-T department conducts survey of Jet Airways#39; premises

  Sources told Moneycontrol that the Income tax department has been conducting survey from September 19 on the troubled airline’s Delhi and Mumbai offices.

• Looking to enter the top-10 life insurers#39; list within two years: Vikas Seth, MD CEO, Bharti AXA Life

  The life insurer achieved breakeven in FY18 by posting net profit of Rs 5 crore

• MCX rallies as SEBI allows foreign investors to trade in commodity market

  Reacting to the new rules, domestic brokerage firms, Motilal Oswal maintains a buy on MCX and with a target price of Rs 1000, which translates into an upside of about 27 percent from current levels.

• Global brokerages see limited upside for Indian market. Here are 10 strong buys for 1-2 years

  Goldman Sachs, which was strategically overweight on India since March 2014, has turned slightly cautious towards Indian market in 2018 and lowered its investment view to marketweight from overweight earlier.