Aletheia Capital s Chief Economist, Jim Walker, suggests China is in a holding pattern, awaiting policy clarity in 2025, while India s strong fundamentals require reforms to ease business operations. Walker believes tariff tensions could catalyze India s reforms, and investors should focus on financials and consumer stocks. Despite global uncertainties, he remains optimistic about the long-term prospects of both India and China.

The US Federal Reserve reduced interest rates due to a cooling labour market. Economist Jim Walker believes this could worsen inflation. He suggests focusing on government spending instead. Further rate cuts are expected in 2025. This could aid Asian economies but tariffs pose a risk. Walker sees parallels to 2008 but highlights government spending as a key difference.

Global markets are showing positive signs after the U.S. Federal Reserve s policy announcement. Indian stock markets are watching for local events like the Goods and Services Tax changes during Navratra. Investors are also paying close attention to festive season sales and September quarter results. Experts suggest focusing on consumption-related and interest rate-sensitive stocks.

Jain Resource Recycling will launch its IPO on September 24, 2025. The price is set between Rs 220 and Rs 232 per share. The IPO includes a fresh issue and an offer-for-sale. It aims to raise Rs 1,250 crore. The IPO will be available on BSE and NSE. The company focuses on recycling non-ferrous metals.

European shares were muted on Friday and were set to end an event-filled week marginally lower, which included crucial central bank decisions, especially from the U.S. Federal Reserve.

Adani Power share price: Morgan Stanley initiated coverage of Adani Power with an Overweight rating and a Rs 818 price target, seeing nearly 30% upside. The brokerage highlighted the company’s large coal-based capacity, growth plans to 41.9 GW by FY32, and robust long-term PPAs under India’s SHAKTI policy.

Indian government bonds remained range-bound as market participants prioritized immediate supply concerns over the potential inclusion in a global index. The auction of the 2035 bond coincided with worries about continuous supply from both the central government and states. Traders are also anticipating the borrowing calendar for the second half of the fiscal year.

Shares of Redington Ltd surged 7.59% to Rs 310 on the BSE, gaining 28% over the past five sessions amid optimism around Apple’s iPhone 17 launch. The stock’s rally reflects confidence in Redington’s long-standing Apple distribution partnership and strong execution across high-growth markets. Over the last six months, the share has gained 36.7%, highlighting renewed investor interest.

Texmaco Rail & Engineering share price: Texmaco Rail & Engineering secured a fresh order worth Rs 86.85 crore from UltraTech Cement for BCFC wagons and a Brake Van, with delivery by March 2026. Recent wins, including contracts from RVNL and Leap Grain Rail Logistics, highlight strong momentum in the wagon and engineering segment.