Jaykay Enterprises surged 20% after subsidiary Allen Reinforced Plastics secured a Rs 94.45 crore order from BrahMos Aerospace for composite parts. The diversified group also advanced in healthcare with a CSIO technology transfer for 3D-printed orthopedic implants. Shares closed 14.5% higher, marking 100% gains in a year.

Andrew Ferris, CEO of Ecognosis Advisory, criticised the Fed’s recent rate cut, warning it may fuel inflation without boosting jobs. He highlighted muted market reaction, ineffective labour impact, and incoherent US tariff policies discouraging investment.

The U.S. Federal Reserve cut rates by 25 bps, sparking global debate. Chair Powell signaled a “less restrictive” stance, balancing weak labor data, inflation risks, and resilient growth. Analysts see potential easing, volatility, and opportunities in equities, including India and emerging markets.

Capital markets regulator Sebi found that allegations against Adani Group could not be established in the Hindenburg case. Hence, there is no question of devolvement of any liability on the group and also there is no penalty, the regulator said in an order.

The rupee weakened to 88.01 against the US dollar following a US FED rate cut and its indication of further lowering borrowing costs. While the dollar index rose, Brent crude oil prices slightly decreased. Indian equity markets saw gains, but foreign institutional investors were net sellers.

India’s defence technology sector is poised for rapid growth, driven by government indigenisation and private sector participation. Experts predict 2–3 companies could reach $500 billion market caps in 5–8 years, supported by collaborations, JVs, and exports. Defence may become a core revenue driver, reshaping India’s corporate landscape.

Indian equities closed higher on Wednesday, with the Sensex and Nifty extending gains for a third straight session after the U.S. Federal Reserve trimmed interest rates by 0.25% to support its labour market.

Deccan Gold Mines Ltd (DGML) shares surged 11% to Rs 137 after reports that India’s first large private gold mine in Andhra Pradesh could begin full-scale production sooner than expected. The Jonnagiri project will add up to 1,000 kg of gold annually, reducing India’s import dependence.

Deutsche Bank projects gold could hit USD 4,000/oz by 2026, citing supportive macro factors, Fed easing, strong official demand, and weaker dollar, while cautioning on equities, seasonal trends, and US macro improvements.

India s real estate sector is undergoing a digital transformation, projected to become a multi-trillion dollar market by 2047. Digital real estate allows investors to own fractions of premium properties through online platforms, offering transparency and liquidity. Platforms like Alt DRX simplify the investment process, making property ownership accessible to a wider range of investors.