29 C 
Lenskart has emerged from challenger to market leader, with Nomura initiating coverage with a Buy rating and Rs 888 target, implying around 40% upside. The brokerage sees a long growth runway driven by store expansion, strong market positioning, vertical integration and a cost advantage, while MSCI inclusion could also attract passive inflows.
HDFC Bank's Managing Director, Sashidhar Jagdishan, has opted against reappointment, prompting brokerages to uphold their positive stance on the bank's stock. In light of this announcement, the board has hastened efforts to find a suitable successor. Analysts appreciate this proactive approach as it alleviates concerns and promises potential value. Investors attention now shifts to the upcoming leadership transition and its expected impact on future growth prospects.
Ather Energy among 4 stocks flashing bullish signals, hinting at a possible uptrend
On August 28, four Nifty500 stocks that gained over 6% appeared on the White Marubozu bullish scanner, according to StockEdges technical scan data. The pattern indicates strong buying pressure throughout the trading session and can signal potential upward price momentum.
Three SME IPOs open today: Ashutosh Fibre, Shanti Inorganics see strong GMP. Check key details
Three SME IPOs open for subscription today and will remain open until September 2. Ashutosh Fibre and Shanti Inorganics are attracting strong grey market premiums of around 40% and 37%, respectively, while Phychem Technologies commands a more modest 5% premium.
Stock Alert: Reliance, HDFC Bank, Cipla, Ashoka Buildcon
Securities in F&O Ban:
GIFT Nifty signals weak opening amid global risk-off mood
GIFT Nifty:
Priority Jewels IPO Day 2: GMP points to 23% listing gains. Is it time to subscribe?
Priority Jewels IPO enters Day 2 with strong investor demand, after the issue was subscribed 1.93 times on Day 1. Retail investors subscribed 3.07 times, while the grey market premium stood at 23%, signalling potential listing gains. Priced at Rs 190200 per share, the Rs 91.05-crore IPO closes on September 1, with analysts recommending subscription for the long term.
ESDS Software Solution IPO entered its second day with strong investor demand, after the issue was subscribed 2.10 times on Day 1. Retail investors subscribed 2.69 times, while the grey market premium stood at around 78%, signalling expectations of a strong listing. The Rs 720-crore IPO, priced at Rs 408-429 per share, closes on September 1.
Lumino Industries IPO Day 3: GMP jumps to 74%,subscription hits 4.87 times. Should you subscribe?
Lumino Industries Rs 700-crore IPO entered its final day of bidding with the issue subscribed 4.87 times on Day 2, while its grey market premium (GMP) climbed to 74%, indicating strong investor sentiment ahead of the expected September 3 listing. The IPO is priced at Rs 7882 per share, with proceeds largely earmarked for debt repayment and capacity expansion.
Is Nifty set for a breakout? Analysts see signs of a shift ahead
Nifty hovered near 24,175, needing to clear 24,200 to regain strength. Analysts suggest bullish option spreads for rebounds and caution against a 23,900 break. HEG and Laurus Labs are recommended buys with specific targets and stop losses. Glenmark Pharmaceuticals and Shipping Corporation of India also present buying opportunities. Newgen Software and Elgi Equipments show positive chart setups for investors.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's market performance reflected in its beta
HCL Tech Share Price Live Updates: HCL Tech's Stock Price Declines Below EMA
Sun Pharma Share Price Live Updates: Sun Pharma's Technical Breakout
Hindalco Share Price Live Updates: Hindalco Faces Downward Price Breakout
Nestle India Share Price Live Updates: Nestle India Price Drops Below 100-Day Simple Moving Average
BPCL Share Price Live Updates: BPCL's Price Drops Below 20-Day EMA
L&T Share Price Live Updates: L&T's Recent Performance Below EMA
Apollo Hospital Share Price Live Updates: Apollo Hospital's stock price crosses below the 20-day SMA
Grasim Inds Share Price Live Updates: Grasim Industries trades below its 20-day EMA
HDFC Life Share Price Live Updates: HDFC Life's stock under pressure
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's beta indicates strong market sensitivity
NTPC Share Price Live Updates: NTPC Volume Statistics
KNR Constructions bags Rs 158 crore EPC order from GHMC
KNR Constructions has received a letter of acceptance (LoA) worth Rs 157.55 crore from Greater Hyderabad Municipal Corporation (GHMC).
UPL Share Price Live Updates: UPL's beta indicates a balanced risk-return profile
Purple Style Labs IPO opens today: Check GMP, key details. Should you subscribe?
Purple Style Labs, the parent company of luxury fashion platform Pernia
Augmont Enterprises shares to list today; 37% GMP signals strong debut
The Rs 825 crore IPO, priced at Rs 788 per share, comprised a fresh issue of 79 lakh shares worth Rs 620 crore and an offer for sale (OFS) of 26 lakh shares aggregating Rs 205 crore. Ahead of the public issue, the company had also raised Rs 246.30 crore from anchor investors.
MSCI rebalancing threatens to turn Messy in new Indian auction
This Monday marks a critical juncture for India's new closing auction system, as it gears up to manage an influx of billions in passive fund trades. The quarterly MSCI index rebalancing is expected to catalyze heightened trading volume, putting the system
Positive Breakout: These 6 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.
Star Entertainment warns tough conditions to persist after annual loss
STAR ENT GRP-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Star Entertainment warns tough conditions to persist after annual loss
India Inc pays record dividends in FY26, but payout ratio slides
In FY26, Indian firms made history by distributing a staggering
Can Purple Style Labs IPO deliver long-term growth for high-risk investors?
Purple Style Labs plans a
The mother and daughter behind Indias No. 2 tractor maker bet 1,250 crore on a fifth plant
Following a breakout year, with revenue reaching 16,000 crore, TAFE is setting up its first new tractor plant in 29 years to cater to global and local demand.
Airlines are short of planes. Why Indias airport boom is losing steam
The pressure is forcing airport operators to look beyond passenger traffic for growth, with cargo, maintenance, repair and overhaul, and other non-aeronautical businesses
The quintessential insider who stepped into Puris big shoes is set to walk away
A veteran of 30 years at HDFC Bank, Sashidhar Jagdishan in his six years as CEO delivered a landmark merger but also a difficult final stretch.
Centre may offer interest subvention for e-bus, e-truck charging infrastructure
The heavy industries ministry is weighing interest subvention for charging infrastructure alongside its proposed 9,852 crore financing scheme for electric commercial vehicles, as high upfront costs and a shortage of high-powered chargers slow adoption.
CXOs sharpen AI edge to stay in control
Senior executives are increasingly enrolling in artificial intelligence programs. Demand from experienced professionals is outpacing that from freshers and mid-career learners. Many senior leaders are now accountable for driving AI transformation initiatives. Learners come from diverse non-tech sectors, including banking and healthcare.
FPIs lobby for faster access to bourses with link to servers
The proposal - put forward by persons representing large offshore funds and custodians at a recent meeting with officials of the Securities and Exchange Board of India (SEBI) and the finance ministry - implies that buy or sell orders would flow directly from an FPI server to the exchange instead of being routed through a broker's co-location server.
Tata Trusts seek regulators nod to break deadlock in Tata Sons chair selection
Tata Trusts Noel Tata has now written directly to the Maharashtra charity commissioner to clear the roadblocks towards choosing the next Tata Sons chairman.
Block, bulk deals hit 14-month high in August at Rs 80,000 crore
Block and bulk trades worth at least
HDFC Bank may turn to Plan B with just two months to find its next CEO
HDFC Bank Deputy MD Kaizad Bharucha is likely to hold the fort while the lender searches for a full-time CEO, putting succession firmly in focus.
IPO rush continues: 7 issues to raise over Rs 1,400 crore this week
This week, investors can look forward to three mainboard initials and four SME IPOs, with a combined goal of raising over
Govt plans incentives to help chemical exporters cut US dependence, enter new markets
The proposed measures are aimed at helping chemical exporters pivot to specialty products across Europe, Asia, and Latin America, mitigating US export concentration and Chinese import dependence.
India hopes to win top global telecom post; Pakistan signals support
Revathi Mannepalli, joint wireless adviser at the department of telecommunications, is contesting against two European candidates for the post of director of the Radiocommunication Bureau at ITU.
US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
Air NZ Reluctant to Signal Return to Profit After Big Loss
Air New Zealand reported a smaller-than-expected full-year loss despite soaring fuel costs and engine maintenance issues, but stopped short of pledging an immediate return to profit.
ET Graphics: Changing face of Indias office mart
India's office market sees expanding occupier demand, with BFSI leading growth. BFSI companies transacted over seven million square feet of office space. This sector now drives demand as companies expand global operations. BFSI contributed thirty-six percent of overall GCC transaction volumes. This shift highlights non-technology sectors' increasing role in office leasing.
Group entities to reconcile, settle dues with lenders: Essel Chairman
Subhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlighted that his personal debt stands at zero, backed by 22,000 crore in personal guarantees. The repayment strategy involves Chandra committing 6.25 crore from his own resources, while other entities cover 1,494 crore. Although most amounts have been repaid, some lenders are challenging the NCLT-approved plan and are considering appeals.
Government links fertiliser sales to farmer, land and crop data
The government is expanding its fertilizer management system to link sales with farmer data. This platform covers millions of buyers and significant annual fertilizer sales. Integration with other systems allows fertilizer purchases to match farmer and land records. Farmers can book fertilizer using their AgriStack ID after land detail verification.
'Many deals over $10 billion amid conflicts... this is astonishing': JPMorgan chief Anu Aiyengar
Deal-making momentum is driven by available financing and open markets, while M&A activity focuses on large strategic deals. Private credit has seen a correction, which is seen as healthy for markets. High US yields influence sponsor math, but monetization and exits remain key constraints. Hyperscalers' AI financings involve third-party capital, assessing cash flows and guarantees. Companies are given leeway on AI spending, with accountability expected by 2027.
Denmark restored the Skjern River wetlands after agricultural decline and pollution. The project re-meandered over twenty kilometers of river and restored habitats. Wildlife returned, meeting conservation targets for Special Protection Area status. New shallow lakes and improved conditions benefited various species and salmon. The restored landscape also became accessible for public recreation and tourism.
Tom Holland's quote of the day talks about an important life lesson taken from his own belief that saying what you want can actualy bring you closer to getting it. Taken from his own inspiring journey of wanting to be Peter Parker to becoming the star of the highest grossing Spider Man film ever, Spider Man Brand New Day, this story explains the reason behind his belief and how it helped him achieve his dreams.
Manipur CM Yumnam Khemchand Singh urges people to shun bandhs, blockades
Manipur's Chief Minister Yumnam Khemchand Singh has implored the public to engage in peaceful protests instead of bandhs, which he believes create unnecessary challenges for workers and students alike. He noted the encouraging response from New Delhi concerning NRC implementation, stating that such disruptions negatively affect education and financial stability. The government is committed to listening to citizens and aims to resolve issues through open communication.
HDFC Bank eyes revival after peers outperform
Ladakh must build on its unique strengths: NITI Aayog
Ladakh's holistic development strategy should leverage its unique assets, such as its rich natural resources and vast potential in renewable energy. Ashok K Lahiri emphasized the importance of utilizing these strengths for sustainable environmental practices while also fostering job creation. Ongoing projects and challenges in infrastructure, education, and tourism were discussed, with a strong focus on promoting viable enterprises in animal husbandry and tapping into local markets.
Matt Damon highlights the fleeting nature of fame, asserting that personal decisions are far more enduring than momentary celebrity status. Through his varied and challenging roles, he illustrates a career built on thoughtfulness. This view resonates beyond Hollywood, applicable to all life choices. In the end, it is the contentment with ones decisions that shapes a fulfilling life.
Drone strike hits Russian refinery as Moscow warns of retaliation
The attack on the Kirishi refinery, deep inside Russian territory, came as Moscow said it was preparing massive strikes against Ukrainian energy facilities in response to recent attacks. Russian air defences destroyed 62 drones over the Leningrad region, Governor Alexander Drozdenko said on Telegram on Sunday. One of the drones fell near the refinery in Kirishi, starting a fire, he said.
Banks look to push prudent borrowing for small loan-takers
Banks and credit firms will launch a responsible borrowing campaign to curb bad loans. This initiative aims to promote financial discipline among young borrowers. The campaign will address risks from rapid digital credit growth and predatory apps. It will also focus on improving credit history and timely payment knowledge. The government is pushing youth awareness on financial discipline and credit scores.
At the age of 86, a dedicated farmer made the remarkable choice to accept $1.9 million to safeguard his 261 acres of farmland, ensuring the land remains devoted to agriculture. While developers had proposed $15.7 million for this valuable property, his decision to embrace a voter-sanctioned local preservation program guarantees that future generations will benefit from this vital agricultural heritage.
India crush Thailand by 94 runs in Women's T20 Asia Cup contest
India began their Women's T20 Asia Cup campaign with a dominant victory over Thailand. Shafali Verma's aggressive batting provided a strong foundation for the Indian team's score. Indian spinners then expertly dismantled the Thailand batting lineup to secure the win. The bowlers delivered an exceptional performance, restricting Thailand to a low total.
Changes in foot size throughout the day are a simple example of biomechanics and cardiovascular physiology working continuously without conscious effort. When you stand or sit for long periods, gravity increases hydrostatic pressure in the lower limbs, encouraging fluid to move out of capillaries into surrounding tissues. Starling forces help regulate this fluid exchange, while the lymphatic system clears excess fluid and muscle contractions assist in pushing venous blood back toward the heart.
Atlassian bets big on India as AI changes software development
The India site has grown to more than 2,700 employees, with a large portion working across engineering, product and design, while the company is also expanding its sales workforce in the country
Five Chandra-linked entities controlled 61.78% insolvency vote: Lenders
Dissenting lenders allege five entities linked to Subhash Chandra's family helped push through a repayment plan proposing Rs 6.5 crore against admitted claims
Delhi Police denies permission for FCC event citing security concerns
Delhi Police denied permission for an event hosted by The Foreign Correspondents Club. The seminar-cum-press conference was scheduled for Saturday with a diverse panel of speakers. Security reasons were cited by the police for stopping the planned programme. The Foreign Correspondents Club informed its members about the sudden cancellation. This development was beyond the control of the club organizers.
Earths forests lost 60% of their canopy during ancient global warmingcould it happen again?
Ancient forests endured extreme global warming over 56 million years ago. This warming event caused a significant loss of forest canopy cover. Forests took over 100,000 years to fully recover from this damage. Modern forests face similar challenges with faster carbon emissions. Past warming events offer crucial lessons for current climate change.
'Trump does not believe in the Constitution': Bernie Sanders torches POTUS over Iran war
Noida airports slow take-off: Four big challenges behind its 28.6 crore loss outlook & slow growth
Zurich AG said slower ramp up expected due to challenging geopolitical environment with near-time performance remaining subject to elevated uncertainty
In an unfortunate chapter of space exploration, a squirrel monkey named Goliath found himself amidst America's fierce space race. His ill-fated journey lasted just 35 seconds before a catastrophic rocket explosion robbed him of his mission objective. Designed to understand primate behavior in zero gravity, Goliath's unrestrained condition ultimately led to the loss of vital data, marking a sorrowful moment in the annals of space history.
Cyient to focus beyond project-led ER&D deals; eyes long-term deals
The company has increased spending on sales and marketing, cut general and administrative costs, revamped sales teams in some businesses
Essel Group Chairman Subhash Chandra has accused Reliance-linked media of spreading misinformation against him, allegations Reliance has called baseless. The controversy has also drawn attention to the contrasting net worth and assets of Chandra and Mukesh Ambani.
Cashfree rolls out AI agents for merchants to automate payment operations
Cashfree is targeting Rs 20,000 crore in lost GMV through AI agents that can follow up on abandoned carts, retry failed payments and manage disputes
'Hamke lagaraha Spain': Ravi Kishan compares Gorakhpur to Spain; CM Yogi can't stop smiling
To address the menace of invasive Asian carp, Illinois officials deployed rotenone in a canal, leading to the recovery of numerous fish; however, they could only pinpoint a single bighead carp. The undertaking took place during routine maintenance of an electric barrier, highlighting the complexities of managing these invaders and reinforcing the importance of a multifaceted defense strategy to safeguard the Great Lakes.
HDFC Bank weighs an insider and an outsider for new CEO
HDFC Bank is searching for an external candidate to align with the Reserve Bank of India's rule that requires banks submit multiple names for the CEO position.
Ferry carrying over 260 passengers capsizes off Northern Cyprus coast
A ferry carrying over 260 passengers capsized off the coast of northern Cyprus on Sunday. The vessel was traveling from Kyrenia to the Turkish port of Tasucu when it began taking on water. Rescue crews were immediately dispatched to the scene after the catamaran overturned. No casualties have been reported from the incident so far.
Ballooning is a form of aerial dispersal in which a spider climbs to an exposed spot, lifts its abdomen, releases strands of silk and allows the wind to carry it into the air. Some spiders have been recorded at altitudes of around 4 kilometers and are capable of traveling hundreds of kilometers during dispersal.
Gas-based power plants helped stabilize grid during night hours in April-May
The International Gas Union (IGU) says that India provides a recent example of how heat waves can translate into higher gas demand
HNGIL seeks insolvency proceedings against Bira 91 maker over payment default
The stock is lying at HNGIL's plants at Bahadurgarh in Haryana, Puducherry, and Rishra in West Bengal.
Here's a look at challenges that the next HDFC Bank CEO is likely to face after Sashidhar Jagdishan's surprise exit. The next leader will have to address increased scrutiny, and 27% stock decline this year among other issues.
Uniqlos India play: Value over discounts, authentic voices over marketplaces
The Japanese retailer has localised its marketing through Indian celebrities and influencers, while avoiding third-party marketplaces to control customer experience
YouTube is changing the view game. Creators may have to chase attention, not clicks
As YouTube starts counting views from the first frame, creators may have to trade volume for attention, while brands look beyond reach and Netflix steps up its fight for top digital talent.
Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 crore
Hindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven crore rupees for unpaid dues. This action follows Bira 91's founder stepping down amid financial challenges. Bira 91 has been out of production and faces significant debt. The company may face insolvency proceedings if dues are not settled promptly.
10 largecap stocks with up to 40% upside potential. Do you own any?
Among BSE large-cap stocks, several companies are currently projected to deliver strong gains over the next 12 months, based on consensus estimates from Trendlyne.
Ola Electric gets 95.8 crore PLI boost as it works to cut cash burn
The latest PLI sanction gives Ola Electric incremental liquidity as the company works to lower operating losses and reduce cash consumption
Smartworks sets 600 cr expansion plan for FY27 amid strong office demand
The company had invested nearly 400 crore last fiscal year in capital expenditure.
Indian Bank to add 100 branches, hire 2,500 as expansion shifts west
Indian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand five hundred personnel. This expansion aims to strengthen its presence in Central and Western regions. Asset quality management remains a focus, with targets for reducing NPAs. The lender anticipates its gold loan book will surpass one lakh fifty thousand crore rupees.
Mint Explainer | What the datura episode says about food safety in online grocery
Amazon, Swiggy, Instamart and BigBasket have been ordered to remove the datura listings, stop selling or distributing the plant as food, and submit compliance reports to the authorities. How will the suspension impact e-commerce platforms' food operations?
Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and small-cap stocks. He explains why Samco Flexicap Fund has allocated 7075% of its portfolio beyond large caps, while highlighting opportunities in defence, power, AI ancillaries and gold, and warning about IPO-led liquidity pressures.
