Markets

Higher interest rates are generally negative for gold because the precious metal does not pay interest, making it relatively less attractive compared with interest-bearing assets.

Wall Street slumped into the red after Fed Chair Warsh warned of a long fight against 'too hot' inflation, erasing the initial post-hike rally.

Market experts shared their insights on fundamentals and technical levels for key stocks such as Hero MotoCorp, Vishal Mega Mart, M&M, Laurus Labs and Waaree Energies

Despite Wednesday's recovery, momentum indicators continue to point to strong selling pressure.

Even as the possibility of a Fed rate hike typically weighs on bullion, markets have already priced in the move, possibly limiting its impact on gold and silver prices.

FPIs invested Rs 2,883 crore in the anchor portion, accounting for around 43% of the total book.

Mazagon Dock has signed an MoU to participate as the anchor shipyard for a proposed greenfield shipbuilding cluster at Dighi in Maharashtra.

Dow Jones Industrial Average remained majorly unchanged at 52,055 points, S&P 500 gained 0.23%, while the Nasdaq Composite climbed 0.47%.

With the rate hike largely priced in, the immediate market reaction could therefore depend less on the quarter-point move itself and more on what the Fed signals about the path ahead.

Intel had announced plans for a massive Ohio semiconductor complex, but production at its two planned plants has been pushed back to 2030 and 2031.

Jindal Supreme India's Rs 124.88-crore IPO saw strong demand on the opening day, with subscription reaching around 5 times.

Three IPOs make their stock market debut today, with listing prices and early trading action in focus.

Stock Market News Today Highlights: Sensex climbed 332.63 points to settle at 74,336.45, while the Nifty 50 benchmark snapped a two-day losing streak to settle 99 points higher at 23,217.60 on Wednesday.

Glass Wall Systems share make a strong debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Wednesday, Sept. 16 as the stock listed at 6.6% premium over the issue price.

Jaising said "cash is king" and earnings should remain the key filter in the current environment. Within equities, he sees the financial sector, particularly NBFCs, as an area to watch.

The issue price of Rs 1,785 per share values NSE at around Rs 4.4 lakh crore, translating into roughly 41 times its FY26 earnings, said Khandelwal.

The shares traded over 1% higher at Rs 72.20 apiece on Wednesday, compared to a 0.48% advance in the Nifty index. The stock has risen 14.48% year-to-date and 28.52% in the last 12 months.

NSE IPO is priced at 47.3x TTM earnings. BSE, the only listed comparable, trades higher at 48.9x — on a business less than a third of NSE's size, and on profits helped by the very options volumes NSE has lost.

CMS Info Systems jumped as high as 7.22% to Rs 239 apiece, while Radiant Cash Management soared 10.03% to a high of Rs 39.49.

The selloff in crypto market came was triggered by the failure of the US Senate to advance the Clarity Act, which has renewed concerns around the pace of regulatory clarity for digital assets.