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Powell did just enough to preserve the view that his goals align with investors’: growth that is fast enough to boost hiring and earnings but not inflation, and an approach to stimulus that avoids shocks and leaves actual interest rates alone. While other Fed speakers sowed angst with hawkish pronouncements in recent days, Powell’s messaging defused the tension.

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The question doing the rounds since the past couple of weeks is ‘are the markets at the top of their cycle?’ The fact that people have turned weary and the broader indices have reacted accordingly imply that there are no indications of a top as of now.

Over any 12-month period, equities have historically, on an average, outperformed bonds 60-70% of the time. Therefore, it makes sense that the consensus is for equities to outperform in the coming 12 months – probabilistically this has been the most likely outcome.

Last year, Tata Motors had announced that it would turn its domestic PV business unit into a separate entity and seek a strategic partnership in order to help the unit secure its long-term viability.

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Asian Paints, Berger Paints and Kansai Nerolac are currently the top three players in the paints segment. Relative newcomer JSW Paints has announced plans to expand its footprint to the northern and eastern regions to become a pan-India player and has plans to make a public market debut by 2025. Competition from Grasim, according to analysts, is expected to disrupt the market share of the top three players.

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The Congress of El Salvador approved in June https://www.reuters.com/technology/bitcoin-become-legal-tender-el-salvador-sept-7-2021-06-25 a proposal by President Nayib Bukele to make the country the first in the world to adopt Bitcoin as legal tender.

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The acquisition is expected to help Nazara make further inroads into the real-money gaming sector, a senior company executive said, adding that the listed entity is eyeing more acquisitions in the space to fill gaps in its product and distribution lineup.

The Sovereign Gold Bond Scheme 2021-22 - Series VI will be open for subscription for the period August 30 to September 3, 2021.

The proposed acquisition involves indirect acquisition of shares of the four companies by trusts from promoter and members of promoter group.

Sebi had initiated an investigation to ascertain whether certain persons or entities had traded in the scrip of Zee Entertainment while they were in possession of information regarding some steps taken by Essel Group of which Zee Entertainment is a part.

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