Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCL - The Economic Times

• Cboe Global Markets shares fell by 3.98% in a single day, bringing the trading price down to $254.69. • This daily drop is part of a larger downward trend, with the stock experiencing a significant 13% slide over the past week.

• India has loosened investment rules to encourage Chinese Foreign Direct Investment (FDI), signaling a potential thaw in bilateral relations. • Experts like Ivan Lidarev of the National University of Singapore argue the move is insufficient, citing continued ambiguity and severe limits on Chinese ownership.

• UK borrowing costs experienced the fastest decline in Europe on Wednesday following news that inflation unexpectedly remained steady at 2%. • Market indicators suggest the Bank of England is unlikely to raise interest rates until November, pushing back previous expectations of a September increase.

• U.S. stocks rebounded in early trading on Thursday, recovering losses from a previous Federal Reserve-driven sell-off and positioning major indexes for a winning week. • Accenture reported fiscal third-quarter earnings of $3.80 per diluted share, a 9% year-over-year increase that beat Wall Street forecasts.

• Indian equity markets advanced for a fourth consecutive session, driven by gains in the IT, metals, and PSU banking sectors. • Market sentiment was bolstered by a combination of easing geopolitical tensions, lower crude oil prices, softer bond yields, and a stronger rupee.

• The BSE Sensex and NSE Nifty50 closed higher on Thursday, marking the fifth consecutive session of gains for the benchmark equity indices. • The Sensex rose 254.36 points (0.33%) to settle at 77,409.98, while the Nifty50 increased by 82.30 points (0.34%) to close at 24,168.

• The US Federal Reserve has abandoned its previous bias toward cutting interest rates as inflation has surged to nearly double the central bank's target. • This policy shift coincides with the beginning of the Kevin Warsh era at the central bank and follows escalating geopolitical tensions stemming from Donald Trump’s conflict with Iran.

• New Federal Reserve Chair Kevin Warsh held his first news conference on Wednesday after the central bank decided to keep its key interest rate unchanged. • Despite the hold, nearly half of the Fed's policymakers indicated they could support an interest rate hike later this year.

• Asian currency markets and the U.S. dollar remained largely muted as investors await the upcoming Federal Reserve interest rate decision. • While the Chinese yuan (USD/CNY) and Singapore dollar (USD/SGD) showed little movement, the South Korean won (USD/KRW) rose by 0.4%.

• NSE Indices, a subsidiary of the National Stock Exchange, has launched two new thematic indices: the Nifty Sugar & Ethanol and the Nifty Small Finance Banks & Microfinance Institutions (MFIs). • The Nifty Sugar & Ethanol Index tracks 15 FMCG sector stocks involved in sugar or ethanol production, selected based on their six-month average free-float market capitalization.

• Asian stocks declined, with the MSCI regional equities gauge down 0.1% and South Korea’s Kospi dropping 0.6%, following a tech sell-off on Wall Street. • The downturn was driven by a pullback in semiconductor makers, which pushed the S&P 500 down 0.6% and the Nasdaq 100 down nearly 2%.