Prime Minister Narendra Modi’s symbolic handshake with President Xi Jinping in China, combined with fresh tax cuts at home, is fueling optimism that Indian equities will finally narrow the gap with their emerging-market peers.

Gold prices remained near record highs, approaching $3,600, fueled by expectations of a U.S. Federal Reserve rate cut following a weak jobs report. Traders anticipate a 25-basis-point cut, with a small chance of a larger one. China s gold reserves increased for the tenth consecutive month, while speculators raised net long positions.

Ishiba on Sunday announced his resignation, ushering in a potentially lengthy period of policy uncertainty at a shaky moment for the world s fourth-largest economy.

Amanta Healthcare, an Ahmedabad-based pharmaceutical company, is set to debut on the market with modest expectations, indicated by a GMP of 7%. The IPO, which closed on September 3rd, saw the company issue fresh shares to fund expansion, including a new SteriPort manufacturing line.

The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year s profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline s net worth improved due to financial restructuring.

Vedanta Share Price: Vedanta emerged as the highest bidder for debt-laden Jaiprakash Associates with an NPV offer of Rs 12,505 crore. The plan involves a Rs 4,000 crore upfront payment and staggered payouts over five to six years. The company’s bid beat out other competitors, including Adani Group, Dalmia, Jindal Power, and PNC Infratech, in a challenge process conducted by the resolution professional.

Following Shigeru Ishiba s resignation, Japan s Topix index reached a record high, while the yen weakened amid speculation that his successor will increase government spending. Sanae Takaichi, a potential candidate known for expansionary fiscal policies, is seen as positive for equities but potentially challenging for the bond market.

Hyundai Motor India and Tata Motors are set to slash vehicle prices following recent GST rate cuts. Hyundai s price reductions reach up to Rs 2.4 lakh for passenger vehicles, while Tata Motors offers cuts up to Rs 4.65 lakh for commercial vehicles. These changes, effective September 22, aim to boost affordability and stimulate the automotive sector.