📰 Latest Economy & Stock Market News
Sebi unlocks digital POAs for FPIs, waives notarisation & apostillisation
Updated at : 2026-08-20 19:20:02

SEBI now permits Foreign Portfolio Investors (FPIs) to submit digitally signed Power of Attorney documents, complying with the Information Technology Act, 2000. This initiative eliminates notarisation and apostillisation requirements, aiming to streamline onboarding and improve ease of doing business.

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Jefferies favours two-wheeler stocks over four-wheeler stocks as earnings gap widens
Updated at : 2026-08-20 17:30:02

Jefferies prefers two-wheeler stocks over passenger vehicle makers, citing stronger volume growth, resilient margins and improving earnings. TVS Motor Company and Eicher Motors remain its top picks, while Tata Motors Passenger Vehicles and Hyundai Motor India carry Underperform ratings amid rising competition, higher discounts and a weaker earnings outlook.

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Quote of the day by T. Rowe Price: "When picking a list of growth stocks for long-term investment, broad diversification of the risk is the first and most important principle to follow. No one can look ahead five or ten years and say what is the most promising industry or the best stock to own"
Updated at : 2026-08-20 17:25:02

T. Rowe Price stresses diversification as the key principle when selecting growth stocks for long-term investment. Because no investor can reliably predict the best industry or company five or 10 years ahead, spreading exposure across sectors can reduce risks.

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Market wrap: Eternal Kotak Bank, HCL Tech, InterGlobe top gainers and losers on Nifty and Sensex on Thursday
Updated at : 2026-08-20 17:20:01

Indian equities snapped a seven-session losing streak as Nifty gained 0.64% and Sensex surged 628 points, aided by relief in global bond yields. Market breadth turned positive, while analysts identified 24,100-24,000 as crucial support and 24,300 as immediate resistance.

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Young crypto investors sell more, while older investors buy and diversify portfolios : CoinSwitch Report
Updated at : 2026-08-20 17:00:02

Younger Indians are driving crypto adoption, while older investors display stronger buying conviction and more diversified portfolios, CoinSwitch’s Q2 2026 report shows. Bitcoin remains the dominant choice across most major markets, while trading activity peaks during evening hours and participation increasingly extends beyond India’s traditional financial centres.

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Quote of the day by Stanley Druckenmiller: "It’s liquidity that moves markets"
Updated at : 2026-08-20 16:55:02

Stanley Druckenmiller’s famous liquidity insight highlights how money and credit availability can drive asset prices. Abundant liquidity can boost risk appetite and valuations, while tightening financial conditions can pressure markets. Investors should track liquidity alongside earnings, inflation and rates.

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Indian realty market remains divided amid affordability pressures and GCC-led commercial demand
Updated at : 2026-08-20 16:50:01

The commercial real estate sector in India is witnessing robust demand for leasing and a decline in vacancy rates. Global Capability Centres are significantly contributing to office space absorption. Furthermore, flexible workspace operators are experiencing impressive revenue growth annually. This commercial vitality is advantageous for Real Estate Investment Trusts, which are enjoying appealing yields. Anticipated tax reforms also bolster the optimistic outlook for commercial properties.

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Bitcoin jumps 11% to $71K, hits 2-month high; $190 billion added to crypto market cap after Trump’s crypto push
Updated at : 2026-08-20 16:45:02

Bitcoin surged 11% to a two-month high above $71,000, adding nearly $190 billion to the crypto market capitalisation. The rally followed renewed crypto support from Donald Trump, while strong ETF inflows and a sharp unwind of short positions further boosted sentiment. Ethereum and major altcoins also rallied.

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BSE shares fall over 3% from day’s high after report says NSE weighs trading shares on own platform
Updated at : 2026-08-20 16:40:02

BSE shares fell over 3% from the day’s high after a report said NSE may seek permission to trade its shares on its own platform following its proposed IPO listing on BSE. The move could boost liquidity for NSE shares, while potentially shifting trading volumes and affecting BSE’s market position.

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Why Zerodha’s Nithin Kamath wants fintech founders to rethink trading in the age of AI
Updated at : 2026-08-20 16:35:02

Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing as AI, evolving market structures, regulations and emerging technologies reshape financial markets. He said brokers could eventually become little more than a “pipe” between customers and exchanges, while Rainmatter is again doubling down on fintech investments.

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