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Asia
The Economic Times

Market Trading Guide: Acme Solar, Medanta among 5 stock recommendations for Monday

Indian equities extended their recovery last week as moderation in crude and global yields improved risk appetite, despite concerns around continued geopolitical uncertainty. Investor sentiment was further supported by positive global cues following largely anticipated policy actions from major central banks. While the recent moderation in oil prices and yields provided near-term relief, analysts say the sustainability of the market recovery will depend on further easing of global macro risks and a meaningful revival in foreign investor inflows.Here are 5 stock recommendations for Monday ACME Solar Holdings has registered a sharp multi-month horizontal resistance breakout, advancing to 435.25 (+5.82%). Backed by an exceptional surge in buying volume, price trading cleanly above all key EMAs (20/50/100/200), and an RSI holding strong at 66.49 in positive territory, the chart pattern signals robust buying momentum targeting new highs. Global Health Limited has delivered a strong trendline breakout following a healthy rebound off its 50-day EMA support, climbing to 1,499.40 (+5.29%). Supported by a noticeable expansion in volume and an RSI turning upward to 58.98 into bullish territory, the technical setup points to renewed upside momentum targeting recent swing highs. Following a price breakout on the candlestick charts across all timeframes, accompanied by very high volumes, the stock has since undergone a retest of its breakout zone. The retracement has occurred on very low volumes, pointing towards an absence of significant supply and indicating that the breakout remains technically healthy. On the Point & Figure charts as well, the stock has invalidated a prior bearish setup comprising a Weak Breakout and a Bearish Anchor Column, indicating a clear shift in control from sellers towards buyers. A sharp bounce back following the retest of the recent breakout in Uno Minda, where the stock also retested its 200 DSMA, indicates the presence of strong buying interest at lower levels and suggests that buyers continue to remain in control. The formation of a Bullish 100% Pole on the Point & Figure charts, right from its 10-column moving average, provides further confirmation of the underlying strength in the stock. Adding to the positive setup, the formation of a Bullish Swing Engulfing pattern on the 1% Renko charts, where the stock also retested its 40-brick Moving Average, further indicates that the stock could march higher in the coming days. After taking support at an upward-sloping trendline, which has cushioned prices on multiple occasions, PWL has now triggered a bullish price breakout on its Candlestick charts. A follow-through Double Top Breakout on the 1% Point & Figure charts, following the formation of a Bullish-Bearish Pattern Reversal, provides further confirmation of the resumption of its uptrend. Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclosures here.​

Market Trading Guide: Acme Solar, Medanta among 5 stock recommendations for Monday
Europe
BBC Business

How to protect your laptop, phone and bike from thieves at uni

Image source, Getty ImagesByKevin PeacheyCost of living correspondentPublished4 hours agoLaptops, phones and bikes are top of the shopping list for thieves as students head off to university, according to insurer Aviva. They are the items most likely to be on student insurance claims - after being stolen from digs, cars, public transport and bars and restaurants. But there are ways you can help keep them safe, and things to consider if you are planning to get insurance cover. The majority of student insurance claims are the result of theft, ahead of accidental damage, according to Aviva. The insurer declined to say what proportion of claims resulted in payouts. "Laptops, computers and mobile phones play a vital role in student life, but they can also be attractive targets for opportunistic thieves due to their value and portability," said Steven Jackson, its home product manager. Staying vigilant - do you really need to leave your bag or laptop to reserve a café table or a spot in the library? It is entirely the choice of an individual as to whether it is worth insuring belongings while off at university or college. Car insurance is compulsory, says the Association of British Insurers (ABI), but you can choose whether it's worth insuring your bike or other items. First, the ABI suggests checking if you are covered already. Some student halls might already include insurance, or your parents' policy might extend to you. "This type of policy covers the cost of replacing or repairing your possessions if they are damaged, destroyed or stolen - giving you peace of mind that you're protected should something go wrong," the ABI said. You must check how much you're covered for and whether it's enough to replace everything, including the maximum value of a claim on a single item. You can do this by creating an inventory of all of your contents, including clothes, electronics and furniture, and adding up the cost of replacing each item.

How to protect your laptop, phone and bike from thieves at uni
Europe
BBC Business

Gloomy forecast for tenants as rent rises set to speed up

Image source, Getty ImagesByKevin PeacheyCost of living correspondentPublished4 hours agoThe rising cost of renting a home in the UK has accelerated after a three-year slowdown - with tenants told to expect more pain to come. Average rental costs for new tenancies were up 2.6% in July compared with a year earlier, according to property website Zoopla. That remains lower than the rate of rising prices in general, but the property portal has forecast annual rent rises among privately rented homes will hit 4% or 5% by the end of the year. It said there were fewer homes available to rent and - with potential first-time buyers put off by higher mortgage rates - competition for rental places in some areas was more intense. "Our latest report shows how sensitive the rental market is to even modest changes in how many homes are available for rent," said Richard Donnell, executive director at Zoopla. "Growing the number of homes for rent through increased investment is the most sustainable route to boosting choice for renters and ensuring stability in rent levels over the long run." The Renters' Rights Act came into force in England at the start of May, and was described as the biggest shake-up of the sector in more than 30 years. Separately, the rising cost of renting has calmed recently. It fell to a low of 1.6% in February, Zoopla data shows. But since then, the number of homes on the market for renters has been squeezed, with 3% fewer being available than a year ago. In addition, each listing now receives an average of more than five enquiries. That is a long way short of the long queues for properties after the pandemic, but is still the most intense competition for nearly two years. It said that rent rises were being seen across the UK, but the situation still differed depending where renters were looking. "In less expensive areas, renters have more capacity to absorb rent rises before hitting an affordability ceiling, whereas in the most expensive areas, rents are already stretching what renters can pay, capping how much further rents can increase," the report said.

Gloomy forecast for tenants as rent rises set to speed up
North America
CNBC Finance

NFL's Roger Goodell is playing the international long game ahead of league's Australia debut

MELBOURNE, Australia — The NFL is making history this week with its first-ever regular-season game in Australia, but Commissioner Roger Goodell is already thinking well into the future. "Whether it's media, or whether it's labor, or whether it's our international plans or what we're doing with stadiums, all of that [requires] taking a 5-, 10-, 15-year look, and it's critical to do that," Goodell said in an exclusive interview with CNBC here ahead of the Week 1 game between the San Francisco 49ers and the Los Angeles Rams, set to kick off Thursday night at 8:35 pm ET. Earlier this month, Goodell, 67, signed a four-year contract extension that will keep him as the league's commissioner until March 2031. This year marks Goodell's 20th season on the job. He has overseen significant growth and change for the most popular U.S. sports league, including the addition of a 17th regular season game and its sale of media rights to streaming platforms. But no change may factor more into his long-term plans than adding recent regular-season games in a range of countries from Germany and France to Brazil and Mexico. NFL games are routinely the most-watched programming in the U.S., but international interest is still sparse. Last year's Week 1 international game between the Kansas City Chiefs and the Los Angeles Chargers — streamed on YouTube — was watched by 18.5 million viewers in the U.S. and just 1.2 million abroad. Goodell's global growth plans include playing nine games outside of the U.S. in 2026 and 10 international contests in 2027. He's previously said he'd like to get that number to 16, but he'll need player buy-in to do so. The league's current collective bargaining agreement caps the number of international games at 10. The CBA expires in March 2031 — aligning with Goodell's contract. International travel can be disruptive to players who rely on routines to maximize their health and limit injuries over the course of a 17-game regular season. Still, Goodell said he believes players enjoy the global games. "I think they see the opportunity. I get calls, texts from our players during the offseason, and they're all over the world, so I think this generation of players is used to being international," said Goodell. "I think they're used to looking at opportunities to continue to grow their brands, and I think it's great for the NFL." The league's international strategy is predicated on holistic growth that goes beyond playing a once-a-year game in a certain city, said Goodell. It's unclear how much flying into an international city for a week to play a game moves the needle for sustained fandom. The league is relying on its Global Markets Program to build interest around the world. Each team owns the marketing rights to at least one international market. The NFL is still tweaking the program to maximize ways to build fan bases in countries without natural alliances to teams, Goodell said. "You don't want to be at the circus to come in and play a game and leave," he said. "You want to have events and sponsors and media partners. I think we'll continue to modify [the Global Markets Program], but I think it's worked well."

NFL's Roger Goodell is playing the international long game ahead of league's Australia debut
North America
Yahoo Finance

Dow, S&P 500 Futures Decline Amid Rising Oil Prices As Iran War Escalates: MU, ORCL, INTC, BE Stocks In Focus

U.S. stock futures were trading mixed in the overnight session late Monday, with the Dow and S&P 500 trending lower ahead of the shortened week as tensions between the U.S. and Iran continued to escalate over the weekend. Dow futures fell 0.57%, and the S&P 500 declined 0.03%, while the Nasdaq-100 gained 0.49% at 10:00 PM EDT. On Friday, the Dow Jones Industrial Average and S&P 500 ended the session 0.51% and 0.38% lower, while the Nasdaq Composite also lost about 0.29% at close. Last week, the S&P 500 and Nasdaq Composite ended marginally higher, while the Dow snapped its gains from the previous week to end 0.27% lower. As the second-quarter earnings season draws to a close, geopolitical tensions between the U.S. and Iran are back in focus as markets contend with rising oil prices and their impact on stock markets. The U.S. struck three Iranian oil tankers on Saturday, while Iran’s Islamic Revolutionary Guard Corps (IRGC) responded by striking three tankers and three U.S.-linked vessels in other areas. U.S. Secretary of War Pete Hegseth said in a post on X last week that if Iran shoots at U.S. ships, “we will destroy (and sink) their oil tankers.” He added that “Iran’s oil tanker fleet is defenseless — Iran has no navy or air force. Our planes, ships & subs can strike them all, in @CENTCOM & @USPACOM.” Iranian Parliament Speaker Mohammad Baqer Qalibaf responded in a post on X on Monday, “Strike our assets and you get struck. We’ve already proven it. Ask the bases that are no longer viable.” Oil prices have continued to soar amid the tensions, with Brent crude prices hitting a six-week high on Monday. “This appears to be a major escalation and tensions have once again ratcheted higher,” David Morrison, senior market analyst at Trade Nation, reportedly told CNBC. At the time of writing, Brent crude futures expiring in November were up about 0.08% to trade at $97.08 a barrel, while WTI crude futures expiring in October were trading at $92.41 per barrel, up more than 1%. Meanwhile, a tariff war between the U.S. and Canada is also impacting markets. Canada is set to impose retaliatory tariffs ranging from 15% to 50% on a variety of imports from the U.S. starting Tuesday.

Dow, S&P 500 Futures Decline Amid Rising Oil Prices As Iran War Escalates: MU, ORCL, INTC, BE Stocks In Focus
Asia
The Hindu BusinessLine

Saudi Arabia confirms Yemen's Houthi rebels tried to attack its capital with ballistic missile

This image taken from an undated video released Tuesday, Sept. 15, 2026, by the Ansar Allah Media Office, the media arm of Yemen's Houthi rebels, shows what the group says are Houthi fighters firing a weapon mounted on a pickup truck during combat with Saudi-backed forces in eastern Jawf, Yemen Saudi Arabia on Saturday confirmed that Yemen's Houthi rebels tried to attack its capital with a ballistic missile, the first targeting of Riyadh since the escalation in fighting with the Tehran-backed rebels that has opened a new front in the Iran war. The statement by the Saudi-led coalition fighting the Houthis came long after the dawn attempt, which the coalition said was intercepted. Some residents in Riyadh heard an explosion. Later, some saw a plume of smoke near the airport. There were no reports of casualties or damage. The statement also said the Houthis tried to attack civilian infrastructure in the Red Sea port city of Yanbu — where a key Saudi pipeline ends — and in Taif, Baysh and Farasan but they were thwarted, giving no further details. The Houthis earlier claimed, without providing evidence, that they had targeted “sensitive sites” in Riyadh and facilities of Saudi oil giant Aramco in Yanbu, causing “massive fires”. Aramco, the world's largest oil company, did not respond to a request for comment. The growing conflict near another important global shipping corridor has brought new pressures for markets. Houthi military spokesperson Brig. Gen. Yahya Saree claimed they attacked with cruise and ballistic missiles as well as drones. He said Saudi Arabia had attempted to target the rebel-held city of Sanaa in neighbouring Yemen, without giving details. The Associated Press couldn't independently verify the claims. Recent days have seen one escalation after another. On Thursday, the first civilian casualty was reported as the Saudi civil defence said debris from an intercepted Houthi drone killed a Yemeni resident of Saudi Arabia. And on Wednesday, Saudi Arabia said the Houthis had tried to attack Mecca, Islam's holiest city, with a drone that it said was intercepted, calling the security of the birthplace of the Prophet Muhammad a “red line”. The Houthis fiercely denied the accusation.

Saudi Arabia confirms Yemen's Houthi rebels tried to attack its capital with ballistic missile
Asia
The Hindu BusinessLine

Hormuz oil shipments hit six-month high, US commander says

Saudi Arabian authorities issued two early-morning air raid alerts for Riyadh on Saturday, the first in the capital since the height of the US-Iran war in March and April. | Photo Credit: STRINGER Oil and liquefied natural gas shipments through the Strait of Hormuz in the past two weeks reached the highest level in six months, signaling that US naval protection and mine clearance efforts are “paying off,” a regional US commander said. “Clearly, momentum is building,” Admiral Brad Cooper, head of US Central Command, said in a video message Saturday. The strait’s primary transit lanes are clear of mines and Persian Gulf allies have shipped more than 1 billion barrels of crude through it “in the last couple months,” he said. Cooper’s comments follow a growing global squeeze on oil and petroleum products since the summer, spurred in part by drone attacks linked to the Iran war that halted a Saudi Arabian pipeline bypassing the strait. Iran maintains it has closed the strait and regional negotiations on agreed shipping routes have faltered. Saudi Arabian authorities issued two early-morning air raid alerts for Riyadh on Saturday, the first in the capital since the height of the US-Iran war in March and April. An airstrike hit jet fuel facilities at King Khalid International Airport in Riyadh, according to the Wall Street Journal, which cited three officials with knowledge of the incident. The newspaper said that black smoke could be seen at the airport. President Donald Trump’s administration, faced with soaring gasoline and diesel prices in a midterm election year, has repeatedly cited the volume of tanker traffic through the strait in recent weeks. US Energy Secretary Chris Wright said on Sept. 13 that markets will need to continue relying on transit that he estimates at 10 million barrels a day of crude and oil products through the Strait of Hormuz. He called oil markets “tighter than we’d like today, but they’re not overly tight.” Cooper said the US — along with Persian Gulf allies, insurers and shipping companies — is working to further increase the flow through the strait. “The effort is paying off,” he said. “The volume of crude oil, cargo, and liquid natural gas these past two weeks is higher than at any point in the past six months.” Meanwhile, Iran “has exported zero barrels” as the US enforces a blockade in the strait. Saudi Arabia, historically the world’s leading oil exporter, came under renewed attack in September as the Houthis, an Iran-backed group based in Yemen, targeted western towns and energy infrastructure. The Saudi government said the drone attack that shut down the East-West pipeline originated in Iraq, which has several pro-Tehran militias.

Hormuz oil shipments hit six-month high, US commander says
Asia
The Hindu BusinessLine

Tata Trusts and Tata Sons prepare for legal battle over Tata Group control

The parties fighting for control over India’s Tata Group have retained some of the country’s most prominent law firms and advocates, as they dig in for a protracted and high-profile battle. Both sides are being advised by lawyers who have represented India’s biggest companies, and have also recently hired senior counsel who are among the country’s top litigators, according to people familiar with the matter. While they would rather avoid a lengthy legal fight, they said, the legal firepower being assembled suggests they’re preparing for one anyway. The battle over Tata Sons came to a head last week, after directors voted to extend Chairman N Chandrasekaran’s tenure and move toward a potential public listing, rebuffing Tata Trusts Chairman Noel Tata, who wants the holding company to remain private. Tata Trusts, which owns 66 per cent of Tata Sons, called Chandrasekaran’s extension “illegal,” setting up a clash that could ultimately move to the courts. Cyril Amarchand Mangaldas, one of India’s largest law firms, has been advising Noel Tata and Tata Trusts for more than a year, according to some of the people. Managing Partner Cyril Shroff, who’s served as lawyer to most of India’s billionaire business families from the Ambanis to the Adanis, is personally handling the matter, they said, assisted by several senior partners including Indranil Deshmukh. The team also includes Bharat Vasani, who served as Tata Sons’ group general counsel for more than 17 years before retiring in 2017. Tata Trusts and Noel Tata have also recently retained top litigators Aspi Chinoy, Janak Dwarkadas, Abhishek Manu Singhvi and Mukul Rohatgi. Singhvi has acknowledged his role in a social media post, Rohatgi declined to comment whereas Chinoy and Dwarkadas didn’t respond to queries. On the opposing side stands Shuva Mandal, another former Tata Sons group general counsel and a former partner at AZB & Partners, where his clients included Reliance Industries. While at Shardul Amarchand Mangaldas, the firm run by Cyril Shroff’s brother, Mandal was a key legal adviser to Tata Sons when its board sacked Cyrus Mistry as chairman in 2016. He later joined the group as general counsel and helped steer the years-long court battle against Mistry that ended with a victory for Tata Sons in 2021. His Anagram Partners has been representing Tata Sons and Chandra, as the Tata Sons chairman is known, for at least a few months, according to the people. Senior advocate Harish Salve has also been advising Tata Sons and Chandra, and senior advocate Ravi Kadam has been retained by Tata Sons, the people said. Salve has publicly acknowledged his role and Kadam declined to comment. In media appearances since Thursday, Salve argued in favour of listing Tata Sons. It has to “turn into a public company,” he said in one interview. A global institution cannot be run by a few trustees and needs transparency and top professional talent, he has argued. Singhvi countered publicly on Sunday. The “fundamental rights of shareholder-owners cannot be nullified in the manner in which they have been,” he wrote on X, referring to Noel Tata being outvoted at Thursday’s Tata Sons board meeting.

Tata Trusts and Tata Sons prepare for legal battle over Tata Group control
Asia
The Hindu BusinessLine

CIAL to enter the global aviation consultancy sector with expert services initiative

Cochin International Airport Ltd (CIAL) is set to enter the global aviation consultancy sector, leveraging more than two and a half decades of experience in airport development and operations. Through ACES, CIAL will provide consultancy and expert services to airports and aviation organisations in India and abroad across a wide range of areas, including airport planning and construction, engineering, safety, commercial management, digitalisation and sustainable development. A key focus of the initiative will be support for regulatory and statutory processes. Drawing on its experience in developing and operating airports, ACES will assist clients in coordinating with government departments, regulatory authorities and other statutory bodies to secure the approvals and clearances required for aviation projects. CIAL ACES will operate through two principal verticals. Aviation Consultancy and Advisory will offer strategic support in areas such as airport master planning, construction, commercial management and regulatory affairs. The Airport Services, Audit and Technical Support vertical will deploy CIAL experts directly at client airports to provide technical assistance, conduct audits and undertake interventions aimed at improving operational efficiency. The consultancy services will also cover airside infrastructure, cargo operations, ground handling, real estate development, safety systems and other specialised areas of airport management. Unlike conventional consultancy models that primarily focus on advisory services, ACES is designed to provide hands-on support extending from strategic planning to practical implementation. S Suhas, Managing Director of CIAL, said the initiative would enable the company to take its accumulated expertise beyond Kochi and make it available to the wider aviation sector. “Over the past two and a half decades, CIAL has built substantial expertise across various domains of airport development and operations. Through CIAL ACES, we aim to translate this experience into professional consultancy and expert services for airport and aviation projects in India and abroad. The initiative will also open up a sustainable new revenue stream for CIAL,” he said. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

CIAL to enter the global aviation consultancy sector with expert services initiative