Week Financial News

UTI Innovation Fund and Kotak Nifty G-Sec July 2033 Index Fund are open for subscription. Motilal Oswal Nifty 500 ETF and Bandhan Retirement Fund will open for subscription later this week.UTI Innovation Fund UTI Innovation Fund is an open-ended equity scheme following innovation theme. The new fund offer or the NFO of the scheme is open for subscription and it will close on October 9.

The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million token unlock.

Cryptocurrency investment products recorded outflows for the sixth consecutive week with market leaders Bitcoin (BTC) and Ethereum (ETH) leading the pack.

Giorgio Armani has closed Milan Fashion Week with good vibes and a front row that included frequent guests such as Cate Blanchett and Juliette Binoche

Crypto investment products registered their sixth consecutive week of outflows for the week ending Sept. 24. According to data from CoinShares, digital asset outflows from crypto investment products reached $9 million last week.

After the first weekly loss in four, oil bulls will be raring to push crude oil towards the higher $90s, while top buyer China again faces its recurring bogeyman — an ailing property sector — that’s weighing on its stock market.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Elon Musk claims WSJ report ‘utterly false’; VinFast posts impressive results; and EVs are taking over EU.

Strides Pharma Science's Singapore-based wholly-owned step-down subsidiary Strides Softgels Pte on Monday announced that it will acquire its CDMO business and Soft Gelatin business from its other wholly-owned subsidiary Strides Pharma Global Pte (SPG). The announcement was made by the company ahead of the market closing. The stock settled at Rs 536 on the NSE, up Rs 37, or 7% over Friday's closing price.

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Indonesia may issue on Tuesday a regulation on the use of social media to sell goods in the country, President Joko Widodo said, a move intended to quell threats to offline markets in Southeast Asia's biggest economy. Ministers have repeatedly said that ecommerce sellers using predatory pricing on social media platforms are threatening offline markets in Indonesia, with some officials specifically citing the video platform TikTok as an example.

₹1,950.00 apiece on the BSE. The uptrend in the MCX shares comes amid a CNBC-TV18 news report that said the commodity exchange will go live with the new platform serviced by Tata Consultancy Services (TCS) from October 1.

Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists.

₹18,260 crore, so far this month. Since valuations remain high even after the recent pullback and US bond yields are attractive (the US 10-year bond yield is around 4.46 per cent) FIIs are likely to press sales so long as this trend persists," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "It would be irrational to expect the FIIs to buy aggressively when the US 10-year bond yield is around 4.46 per cent and the dollar index is above 105.

Benchmark NSE Nifty index fell 36.25 points to 19638.0 amid selling in frontline bluechip stocks. However, stocks such as Delta Corp, Pramara Promotions, Jiwanram Sheoduttrai, FutureLifestyleFash and Shree Ram Proteins, touched their fresh 52-week low. Overall, 21 shares traded in the green in Nifty50 index, while 29 traded in the red. In the Nifty 50 index, Bajaj Finance, Bajaj Finserv, Maruti Suzuki, Tata Consumer and UPL were among top gainers, while SBI Life, L&T, Infosys, IndusInd Bank and Hero MotoCorp traded in the red. The BSE Sensex was trading 115.35 points down at 65893.8 at 10:45AM(IST). Traders were seen piling up positions in Sugar, Telecommunications, NBFC, Tea / Coffee and Learning & Education sectors, while selling was visible in Banks, Irrigation & Allied Services, Term Lending Institutions, Building Materials and Power sectors.

Asian shares were hesistant on Monday after central banks last week reinforced the message that interest rates will stay higher for longer, while investors braced for inflation data from the U.S. and Europe.Markets will also be looking for further clues on whether China's economy is regaining traction. The yen nursed losses at more than nine-month lows at 148.38 per dollar, after the Bank of Japan made no change to its dovish monetary policy. Ten-year Japanese bond yields settled at a decade high of 0.745%. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1% on Monday, after a 2.3% fall the previous week to fresh ten-month lows.

Chicago Bears and the Kansas City Chiefs is generating significant excitement among NFL fans. Both teams are eager to secure a victory, making this game one to watch. Here's all the information you need to catch the action. In Week 2, the Chiefs welcomed back two star players, Travis Kelce and Chris Jones, who made an immediate impact. Kelce, the talented tight end, recorded four receptions for 26 yards, including a nine-yard touchdown pass. Meanwhile, defensive lineman Chris Jones was a force to be reckoned with, tallying 1 1/2 sacks and five quarterback pressures. Their contributions were instrumental in the Chiefs' 17-9 victory over the Jaguars.Where to watch Chiefs vs Bears? TV channel and live streaming options

Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! On Friday, the US stock market indices fell on rate hike fears. The S&P 500 slipped 9.94 points, or 0.2%, at 4,320.06. The Dow Jones Industrial Average fell 106.58 points, or 0.3%, at 33,963.84.

Potomac Wealth Advisors President and founder Mark Avallone argues the stock market will rally despite disappointing Fed news on 'Varney & Co.'

corporate actions scheduled for this week. Bajaj Holdings & Investment, Brightcom Group, West Leisure Resorts, and Maharashtra Scooters will trade ex-dividend, while Hindustan Aeronautics and Shradha Industries will trade ex-split this week. The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout.

This saw the benchmark Sensex and Nifty50 drop close to 3% each and snap a three-week winning streak. The week ahead is unlikely to bring major fireworks, and market experts see high volatility amid the expiry of the September derivative series. Global markets, which also played a role in the downward trend of local shares, will continue to be closely tracked by investors for cues. Further, foreign institutional investors were big sellers in the domestic market last week. So, their trading strategy will be closely tracked to gauge market direction.Global Markets Benchmark indices in the US registered 2-4% weekly losses, which has turned the global sentiment sour. “The global markets are facing challenges, particularly after the ultra-hawkish FOMC policy.

Read more The Parliament passed the Women's Reservation Bill which mandates a 33 per cent reservation for women in both the Lok Sabha (House of the People) and state assemblies. Read more French oil major TotalEnergies will invest $300 million to form a joint venture (JV) with Adani Green Energy on a project related to renewable energy.