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Shares are mostly higher in Europe and Asia as world markets await an expected interest rate cut by the Federal Reserve

Subscribe to enjoy similar stories. Dell Technologies is sharpening its focus on providing artificial intelligence (AI) and generative AI (GenAI) solutions in India, in alignment with global trends and customer needs.

Gen Z will be loyal back to the brand, says Sunder Balasubramanian, Chief Marketing Officer, Myntra. Gen Z represents a very “exciting business opportunity”, the Myntra CMO told ET Online. In urban India alone, he says, there are over 200 million Gen Z individuals, with more than 60 million of them already shopping for lifestyle products online. “Looking ahead, they are set to become a core audience for any major brand in the country.” In just over a year, led by FWD, Myntra has nearly doubled its GenZ customer base, growing from over 8 million in mid-2023 to an impressive 16 million in 2024, emerging as the go-to destination for GenZ fashion. The company plans to add another 20-25 million GenZ customers in the next couple of years.

Vinit Sambre, Head-Equities, DSP Mutual Fund, says although the price moves have been pretty fast and we did not anticipate the quick up move, nowadays, the narratives take over significantly, and hence, at any point in time, the room or the margin of safety becomes very low. The momentum should be sustained as far as the IT sector is concerned. Specialty chemicals is not a homogeneous sector, and for each company, the metrics are different and we are still seeing challenges with some companies. Some companies are emerging slightly better where they have been able to crack new clients and I think we are being very stock-specific out here. What about the liquidity flow that we have seen because the FIIs have decidedly either not participated or been on the fence for the most part? It has been a domestic-driven rally for our markets. Is that going to continue? Vinit Sambre: This is one of the important facts where markets should not see big declines because the dips are going to be used by all sorts of investors to build positions. You are right FIIs have been on the sidelines. Even our interaction with a lot of them suggests that they are pretty much sold on the India macro story. They all understand the story. They want to participate, but just that some of them are a bit cautious around the valuations, and the moment we have some bit of easing out on valuations, investors will want to come into and participate in the long-term growth story out here.

Narendra Modi's election rally scheduled for Wednesday, a senior police official said. This will be Modi's first rally for BJP candidates in Kashmir before the assembly elections in the Union territory later this month. «We have made a multi-tier security arrangement for the VVIP visit as per the Standard Operating Procedure laid down for such events,» Inspector General of Police (IGP) V K Birdi said on Tuesday. The venue is within a kilometre from the iconic Lal Chowk clock tower.

Bitcoin (BTC) was trading lackluster at $$58,638.79 on Tuesday, down by 0.5% ahead of the Federal Reserve’s FOMC meeting outcome on Wednesday. Major altcoins were trading mixed as cryptocurrencies including Ethereum (ETH), Tether, Solana, XRP and Tron gained by up to 1% around 1:15 pm while Avalanche and Shiba Inu, Cardano and BNB fell by up to 5%. «In the last 24 hours, Bitcoin has dipped slightly as traders await the Federal Reserve's anticipated interest rate cut. Expectations are high for a potential rate cut with a 59% chance of a 50 basis point reduction, » Shivam Thakral, CEO of BuyUcoin said.

The figures further highlight the slow-burning demographic crisis gripping the world's fourth-biggest economy as its population ages and shrinks. As of September 1, Japan had 95,119 centenarians, up 2,980 year-on-year, with 83,958 of them women and 11,161 men, the health ministry said in a statement.

Speculations in the cryptocurrency market are rising upward for Bitgert as it approaches its key price target. According to analysts, $BRISE might reach $0.00001 even before the rumored Binance listing, which will be a prominent gain from its current value.

Bajaj Housing Finance Ltd., the country’s most valuable mortgage lender following its blockbuster trading debut Monday, sees competition in the housing market easing as larger banks retreat from retail segments and switch focus to corporate credit, where demand is picking up. Sanjiv Bajaj, chairman of the home-loan unit of India’s largest shadow lender and part of one of the country’s oldest conglomerates, said banks have focused on retail business in recent years, given softer demand from corporate borrowers and this has made housing finance “a very competitive market at this point of time”. But that is changing, Bajaj told Bloomberg Television’s Haslinda Amin and Menaka Doshi, a day after the company’s shares listed to a rousing welcome from investors. As India continues to grow, “corporate lending is restarting, so hopefully there’ll be a little less margin pressure,” on the home loan business, he said, adding the firm would be looking to expand in a “sensible manner.”

PI Industries Ltd. gained 0.69 per cent to Rs 4689.95 in Tuesday's trade as of 01:19PM (IST). It hit a high of Rs 4691.3 and low of Rs 4610.0 during the session. The stock quoted a 52-week high price of Rs 4748.25 and a low of Rs 3060.0. The return on equity for the stock stood at 19.25 per cent. About 2,142 shares have changed hands on the counter so far.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

As of Sept. 11, Dogecoin sat on a 63% year return, while Tron (TRX) had managed a 93% despite a long-term uptrend. The Rollblock (RBLK) GambleFi crypto presale led the race for gains with a 150% price jump!

Subscribe to enjoy similar stories. An average American owns 8 pairs of footwear. The Japanese and Europeans own about 6 each.

Voltas Ltd. traded at Rs 1899.95 on BSE at 01:03PM (IST) on Tuesday, down 0.74 per cent from previous close. The scrip quoted a 52-week low price of Rs 806.9 and a high of Rs 1933.75.

Subscribe to enjoy similar stories. One of my most vivid childhood memories is of visiting the Amul factory in Anand, Gujarat. The father of India’s White Revolution, Verghese Kurien, was my grand-uncle, and as his guests, we were given a grand tour.

Subscribe to enjoy similar stories. The Federal Reserve is set to cut borrowing costs at its two-day meeting that ends Wednesday. The goal: preserve a solid job market now that price pressures have cooled.

Subscribe to enjoy similar stories. “Strike while the iron is hot," the saying goes. Ventive Hospitality’s recent announcement of an initial public offering (IPO) exemplifies this, as it comes amid a boom in the domestic IPO market and an upcycle in the hotel industry.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Adani Power with a target price of Rs 755. The current market price of Adani Power Ltd. is Rs 666. Adani Power Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 244317.80 Crore) operating in Power sector.

MphasiS Ltd. gained 1.03 per cent to Rs 3159.0 at 11:36AM (IST) in Tuesday's trade. The scrip has hit a high of Rs 3170.0 and low of Rs 3112.4 so far during the session. The stock had closed at Rs 3126.6 in the previous session. The counter has had a total traded volume of 3918 shares so far with a value of Rs 1.22 crore on the NSE. It traded at a price-to-earnings multiple of 38.34 and a price-to-book ratio of 5.13.

Laura Loomer, a right-wing activist who posted last year that 9/11 was an “inside job,” has attracted a tremendous amount of attention in the past week after she’s been spotted cozying up to Donald Trump’s campaign team and appearing by the Republican presidential nominee’s side at various events.