Monday, September 07
Domestic brokerage firm Motilal Oswal says the 2025 Bihar assembly election outcome is poised to become another alignment of stars for Indian equities, with the brokerage calling the NDA’s sweeping victory a clear sentiment booster for markets. The coalition’s win — 202 seats out of 243, backed by a 46.6% vote share — has surprised even the most optimistic exit polls. What stands out, according to Motilal Oswal, is that this mandate comes despite a rising opposition challenger, a new political entrant and the drag of four-term anti-incumbency. The firm believes the scale of the verdict signals a shift in Bihar’s political landscape toward a more development-driven and governance-focused discourse.For the markets, the brokerage notes that this result reinforces the strength of the
Nifty is positioned for further gains this week after a strong rebound, but analysts said a decisive move above the 26,000–26,100 zone remains crucial for the next leg of the rally. All three analysts expect the index to retest or surpass its previous highs, supported by strength in banking and IT, while identifying 25,500–25,750 as key support levels.NILESH JAIN HEAD OF DERIVATIVES AND TECHNICAL RESEARCH, CENTRUM BROKINGWhere is Nifty headed this week? Nifty formed a bullish candle on the weekly chart. It retested the breakout zone near 25,350 and closed back above the 21-DMA at 25,750. However, it encountered resistance at the psychological 26,000 mark, and a decisive break above this level will be crucial for the next leg higher toward 26,250–26,500. On the downside, immediate sup
President Donald Trump has continued his purchases of municipal and corporate debt this fall, including bonds of companies affected by his administration's policies. New disclosures posted Saturday by the US Office of Government Ethics show that Trump's purchases of at least $82 million include bonds from Netflix, UnitedHealth Group, Boeing, Meta Platforms, Home Depot, Broadcom and Intel, of which the US government acquired a stake under his administration. He also purchased municipal bonds from US cities and local school districts, utilities and hospitals. The disclosures were dated October 17 and October 20 and released by OGE after the end of the government shutdown. The reports, which all federal elected officials and appointees who trade must submit, don't specify exact amounts or pri
There is a frenetic, sweaty-palm feel to the US economy lately. Markets are looking frothy and consumers are anxious, and meanwhile the gambling and stock markets are converging as people bet on all sorts of strange assets and events. Half of young men in the US have an online sports betting account, and some are developing a problem.All of which raises the question: Are we in a casino economy, a risky free-for-all that is bound to crash and burn? The short, unsatisfying answer is — yes and no. In many ways the economy has never been safer, but people are avoiding healthy risks and taking bad ones.The argument for a casino economy is — well, just look around. First there is AI, which like all new technologies creates boom-and-bust cycles that involve overinvestment in the wrong things,
