Stocks To Watch Today: HDFC Bank, Indiabulls, Raymond Realty, Pranav Construction & More

• Asian stock markets remained steady recently as a rebound in artificial intelligence shares balanced out pressures from rising oil prices and bond market volatility. • Crude oil prices have climbed firmly above $100 per barrel amid an intensifying conflict in the Middle East.

• India’s economy recorded a subdued 0.47 score as inflation and external pressures weighed on households. • The country faces near-total energy import dependence and possesses the thinnest external buffers of any large emerging economy.

• Asian currencies declined recently as the Japanese yen pulled back ahead of upcoming policy decisions from the U.S. Federal Reserve and the Bank of Japan. • DBS Senior Economist Radhika Rao expects the USD/IDR exchange rate to trade within a range of 17,600 to 17,800.

• Asia-Pacific stock markets traded unevenly recently as rising U.S. Treasury yields and weakness in technology stocks pressured investor sentiment. • Australia’s ASX 200 dropped by 0.91% to 8,669.90, while South Korea’s KOSPI saw a slight increase of 0.02% to 6,685.69.

• European stock markets declined recently as investors reacted to an expanding conflict in the Gulf and anticipated an upcoming Federal Reserve meeting. • Market participants are monitoring price movements and data provided by market makers, though these indicative prices may differ from actual exchange rates.

• European Central Bank officials signaled they may implement further interest rate hikes to combat inflation pressures driven by rising energy costs. • Governing Council member Gediminas Simkus of Lithuania identified October as a key window to reassess the inflation outlook.

• Most European stock markets closed lower on a day when the pan-European Stoxx 600 index dropped 0.4%. • Germany’s DAX and France’s CAC 40 fell by 0.81% and 0.86% respectively, while the UK’s FTSE 100 rose 0.44%.

• Major U.S. stock averages closed lower on Monday due to pressure from rising oil prices and higher bond yields. • Enova International shares fell more than 15% after the company withdrew its regulatory applications to acquire Grasshopper Bancorp.

• European stock indices opened lower on Tuesday, September 15, as investors awaited a meeting of the US Federal Reserve. • Italy's MIB index saw the largest drop at 0.90 percent, while France's CAC 40 fell 0.47 percent, the UK's FTSE 100 dropped 0.39 percent, and Germany's DAX declined 0.33 percent.

• European financial markets are exploring whether large-scale corporate mergers can reduce the fragmentation of trading systems across the continent. • Euronext currently operates markets in France, Italy, the Netherlands, Ireland, and Norway using a common infrastructure, while Deutsche Börse manages a separate ecosystem for Frankfurt.

• Euronext CEO Stephane Boujnah recently signaled an openness to a merger with Deutsche Boerse, causing shares for both exchange operators to rise. • The potential deal aligns with European Union efforts to deepen capital markets to better compete against the United States.