FinShorts

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𝗥𝘂𝗽𝗲𝗲 𝗪𝗲𝗮𝗸𝗲𝗻𝘀 𝗼𝗻 𝗙𝗣𝗜 𝗢𝘂𝘁𝗳𝗹𝗼𝘄𝘀, 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘇𝗲𝗱 𝗯𝘆 𝗥𝗕𝗜 𝗜𝗻𝘁𝗲𝗿𝘃𝗲𝗻𝘁𝗶𝗼𝗻 The Indian rupee closed at 84.4850 against the U.S. dollar on Thursday, nearing its all-time low of 84.5075. Foreign portfolio outflows and month-end dollar demand pressured the currency, while RBI intervention near the critical 84.50 level curbed losses. Indian equities fell 1.5%, led by IT stocks. Meanwhile, a stronger dollar index and global uncertainties weighed on emerging Asian currencies. Investors await India's GDP data for further cues. #finance #Rupee #India #Forex #MarketUpdates Source:- https://lnkd.in/gTCbsjhQ

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗥𝗲𝗯𝗼𝘂𝗻𝗱 𝘄𝗶𝘁𝗵 𝗚𝗮𝗶𝗻𝘀; 𝗖𝗮𝘂𝘁𝗶𝗼𝗻 𝗔𝗱𝘃𝗶𝘀𝗲𝗱 𝗶𝗻 𝗠𝗶𝗱𝗰𝗮𝗽 𝗮𝗻𝗱 𝗦𝗺𝗮𝗹𝗹-𝗖𝗮𝗽 𝗦𝘁𝗼𝗰𝗸𝘀 Indian markets closed the week with a 2% rise, as Nifty and Sensex ended at 23,907.20 and 79,117.10, respectively, following Friday's sharp recovery. Realty, auto, and FMCG sectors led the rebound, while IT and banking showed resilience. Nifty regained its 200-DMA, nearing resistance at 24,020. Analysts urge caution in midcap and small-cap stocks due to volatility, favoring quality picks in index-heavy sectors. #finance #stockmarket #Nifty #Investing #MarketUpdates Source:- https://lnkd.in/gpFuFg7C

𝗦𝗮-𝗗𝗵𝗮𝗻 𝗮𝗻𝗱 𝗜𝗜𝗕𝗙 𝗟𝗮𝘂𝗻𝗰𝗵 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗖𝗼𝘂𝗿𝘀𝗲 𝘁𝗼 𝗖𝗼𝗺𝗯𝗮𝘁 𝗔𝘁𝘁𝗿𝗶𝘁𝗶𝗼𝗻 𝗶𝗻 𝗠𝗶𝗰𝗿𝗼𝗳𝗶𝗻𝗮𝗻𝗰𝗲 Sa-Dhan, a self-regulatory body for microfinance institutions, has partnered with the Indian Institute of Banking & Finance (IIBF) to introduce an online certification course for job seekers in the microfinance sector. Open to Class 12 graduates, the course addresses over 50% attrition rates among field staff, which disrupt loan collections. IIBF will conduct exams quarterly, while Sa-Dhan will create a state-wise list of certified candidates to support microfinance institutions. #finance #microfinance #jobs #India #SkillDevelopment Source:- https://lnkd.in/gcjSduia

𝗜𝗻𝗱𝗶𝗮 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝘀 𝗥𝗲𝗺𝗼𝘃𝗶𝗻𝗴 𝗪𝗶𝗻𝗱𝗳𝗮𝗹𝗹 𝗧𝗮𝘅 𝗔𝗺𝗶𝗱 𝗗𝗲𝗰𝗹𝗶𝗻𝗶𝗻𝗴 𝗚𝗹𝗼𝗯𝗮𝗹 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 India’s finance ministry is evaluating the removal of the windfall tax introduced in July 2022 on domestic crude oil production and fuel exports. The tax, aimed at capturing gains from rising global crude prices, was reduced to zero by September 18, 2023, as oil prices stabilized. Officials are now reviewing revenue collections and crude price trends before deciding on scrapping it entirely. #finance #India #OilTax #WindfallTax #Budget2025 Source:- https://lnkd.in/gs_rAMks

𝗘𝘅𝗽𝗲𝗿𝘁𝘀 𝗔𝗱𝘃𝗼𝗰𝗮𝘁𝗲 𝗛𝗼𝗹𝗶𝘀𝘁𝗶𝗰 𝗧𝗮𝘅 𝗖𝗼𝗱𝗲 𝗳𝗼𝗿 "𝗩𝗶𝗸𝘀𝗶𝘁 𝗕𝗵𝗮𝗿𝗮𝘁" 𝗩𝗶𝘀𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟰𝟳 Ahead of Budget 2025-26, experts stress the need for a holistic tax code emphasizing simplification, compliance, and a wider base. Recommendations include a "FLAT" philosophy—Fewer rates, Litigation reduction, All-inclusive base, and streamlined Tax collection. Proposals include merging GST slabs into three (5%, 16%, 28%) and reducing tax litigation. Simplified tax laws and lower rates are seen as essential to boosting disposable income, enhancing economic growth, and attracting foreign investment. #taxes #Budget2025 #IndiaGrowth #GSTReforms #EconomicPolicy Source:- https://lnkd.in/gCxdaS5X

𝗕𝗮𝗻𝗸𝘀 𝗥𝗮𝗶𝘀𝗲 𝗥𝘀 𝟴,𝟱𝟬𝟬 𝗖𝗿𝗼𝗿𝗲 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗕𝗼𝗻𝗱𝘀 𝗔𝗺𝗶𝗱 𝗥𝗼𝗯𝘂𝘀𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗗𝗲𝗺𝗮𝗻𝗱.

𝗛𝗗𝗙𝗖 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝘀 𝗜𝗘𝗫 𝗮𝗻𝗱 𝗘𝘅𝗶𝗱𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀 𝗳𝗼𝗿 𝗦𝗵𝗼𝗿𝘁-𝗧𝗲𝗿𝗺 𝗚𝗮𝗶𝗻𝘀 HDFC Securities advises buying Indian Energy Exchange (IEX) at ₹172.9 and Exide Industries at ₹446.6. IEX is rebounding with strong volumes and a rising RSI, targeting ₹182 in 3-5 weeks, with a stop-loss at ₹166. Exide Industries broke out of its range, signaling potential gains up to ₹470, with a stop-loss at ₹425. Analysts caution that the overall market trend remains bearish. #stocks #investment #HDFC #TradingTips #MarketInsights Source:- https://lnkd.in/gExpQpRw

𝗠𝗶𝘇𝘂𝗵𝗼 𝗧𝗮𝗿𝗴𝗲𝘁𝘀 𝗜𝗻𝗱𝗶𝗮’𝘀 $𝟯𝟵 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗕𝗼𝗼𝗺 Mizuho Financial Group, Japan’s third-largest bank, plans to enter India’s private equity and venture capital space in 2024. The move aligns with global trends as banks like JPMorgan and Deutsche Bank eye India’s $39 billion dealmaking market. Mizuho’s strategy includes debt funding, acquisitions, and wealth management services for financial sponsors. The bank has expanded in India, with key hires and a ₹12 billion investment in Kisetsu Saison Finance earlier this year. #finance #India #PrivateEquity #Mizuho #MarketExpansion Source:- https://lnkd.in/gnGtwpAu