Saatvik Green Energy, a solar module manufacturer, is planning an IPO. The company aims to raise ₹700 crore through fresh equity. It will use the funds to expand capacity and repay debt. An additional ₹200 crore will be raised through an offer for sale. The IPO will reduce promoter stake to 76.02%. Saatvik s financials show strong revenue and profit growth.

Sebi has exonerated Gautam Adani and other Adani group companies regarding Hindenburg Research s allegations of stock manipulation. The investigation, spanning from FY13 to FY21, found no evidence of fraudulent transactions or siphoning of funds. Sebi concluded that the transactions in question did not qualify as related-party transactions, thus not violating listing agreements.

Asian stock markets are performing well. US equity benchmarks reached new highs. This was supported by the Federal Reserve s interest rate cut. Stocks in Japan and Australia increased. South Korea remained stable. The S&P 500 and other indexes achieved record highs together. The yen remained steady after Japan s inflation slowed. The Bank of Japan s rate decision is expected.

Wall Street saw record highs after the US Federal Reserve reduced interest rates. Chipmaker Intel experienced a significant surge following Nvidia s investment. The small-cap Russell 2000 index also reached a new high. The Fed indicated potential further rate cuts due to a softening job market. CrowdStrike shares rose after brokerage upgrades.

Oil prices experienced minimal movement on Friday following a previous decline, influenced by the U.S. Federal Reserve s interest rate cut and concerns about fuel demand in the United States. Rising U.S. distillate stockpiles and a strengthening dollar further weighed on prices, while economic data indicated a softening U.S. labor market.

Gold prices remained stable as investors looked for clues about future US interest rates. The Federal Reserve recently cut rates, hinting at further easing but also cautioning about inflation. Lower rates typically benefit gold. The Bank of England held rates steady. The Bank of Japan is expected to maintain its rate.

Five large-cap stocks, including Banco Products, L&T Finance, and Ashok Leyland, hit fresh 5-year swing highs on September 18, signalling strong bullish momentum.

Japan s 10-year government bond yield experienced a slight increase in early trading on Friday, reaching 1.605%. Investors are keenly awaiting signals from the Bank of Japan regarding the timing of the next potential interest rate hike. The BOJ is expected to maintain current rates amidst concerns about the U.S. economy and potential impacts of tariffs.

Following the Federal Reserve s quarter-point rate cut, U.S. corporate bond deal-making surged, with over $15 billion in investment-grade bonds issued on Thursday. AT&T spearheaded the activity with a $5 billion offering for debt and acquisitions. UBS Group and Credit Agricole also tapped the market.