35 C 
Gold prices rally further on weak dollar
Opening on the firm trend, gold prices gained by 3,540 per 10 grams to hit a high of 1,60,620 per 10 grams against the previous close of 1,57,080
All-India housing prices rises 6% YoY in 1QFY27 led by key markets: Kotak
In the first quarter of fiscal year twenty twenty-seven, real estate prices experienced a significant six percent year-over-year rise. Major cities such as New Delhi, Noida, Chennai, Greater Noida, and Bengaluru spearheaded this trend. While residential sales saw a moderate three percent uptick, the launch of new projects declined alongside an increase in unsold inventories in areas like Bengaluru, Hyderabad, and NCR, illustrating a complex market dynamic.
India bonds log worst week in FY27 on RBI surprise U-turns
Indian government bonds encountered significant challenges this week, marking the worst week of the financial year. The Reserve Bank of India's hawkish policy minutes triggered a selloff, compounded by the early closure of a diaspora-deposit hedging facility. Additionally, soaring crude oil prices heightened inflation concerns and rate hike fears in India, culminating in a notable increase in bond yields.
ICICI Bank doubles borrowing from overseas markets to $5 billion
ICICI Bank has taken a significant step by doubling its overseas borrowing limit to five billion dollars. This strategic decision enhances the bank's ability to tap into international fundraising avenues. Following the closure of a previous swap facility, Indian banks are ramping up efforts, eyeing to collectively secure at least five billion dollars through loans and bonds. So far, ICICI has successfully raised over two billion dollars in dollar-denominated debt.
Seven stocks from the BSE Consumer Discretionary Index hit fresh 52-week highs despite a largely flat Sensex. Baazar Style Retail, Menon Bearings, Shanti Gold International, Lenskart Solutions and others recorded strong monthly gains, signalling sustained investor interest and improving sentiment across select consumer stocks.
Lumino Industries fixes IPO price band at Rs 78-82/share, issue to open on Aug 27
Lumino Industries has announced its IPO price range set between Rs 78 and Rs 82 per share. This Rs 700 crore offering will be available for subscription from August 27 to August 31. The plan includes a fresh issue of Rs 500 crore alongside an offer-for-sale of Rs 200 crore. Funds raised are earmarked for debt repayment and upgrading equipment, furthering their focus on power cable and electrical wire manufacturing.
IPO-bound Upstox crosses 2 crore customers, eyes 10 crore users in five years
Upstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% first-time investors. The investment platform aims for 10 crore users within five years and is reportedly exploring a $350-400 million IPO.
Augmont Enterprises IPO subscribed 2.74 times
The offer received bids for 2.11 crore shares as against 77.15 lakh shares on offer.
Indias forex reserves rise $9.9 billion to $716.91 billion
The latest increase follows a $14.14-billion rise in the previous week, bringing the reserves closer to their record high reached in February
The Indian rupee pared initial gains and settled on a flat note, higher by just 3 paise at 95.71 (provisional) against the US dollar on Friday, as the support from a weak dollar was negated by continued geopolitical tensions. Rupee traded flat to positive on a weak dollar and a positive tone in the domestic markets. Indian shares fluctuated before ending little changed on Friday as investors saw the U.S. Treasury's bond buyback move as a temporary fix rather than a structural solution to rising yields. The Nifty 50 ended marginally higher by 20.15 points (0.08%) at 24,252.00, while the BSE Sensex ticked up just 3.11 points (0.00%) to close at 77,540.83. At the interbank foreign exchange, the rupee opened at 95.69, then touched an intraday high of 95.65 and a low of 95.75 and finally settled for the day at 95.71 (provisional) against the greenback, higher by 3 paise from its previous close.
Tempsens Instruments (India) IPO subscribed 21.65 times
The offer received bids for 32.86 crore shares as against 1.51 crore shares on offer.
Nifty posts second straight gain but ends week lower; crude, bond yields cap rally
Metal stocks and gains in broader markets offered support, while weak sectoral breadth and geopolitical risks kept investors cautious through Friday
Soybean oil imports likely to see a sharp jump during festive season: SEA President
Competitive international prices, strong domestic demand, and disruptions in sunflower oil shipments amid the Russia-Ukraine conflict are prompting Indian refiners to step up purchases, says Sanjeev Asthana
S&S Power Switchgear hits the roof after subsidiary bags Rs 50-cr order from Vedanta Aluminium
S&S Power Switchgear hit the upper circuit of 10% to Rs 296.75 after the company's wholly owned subsidiary, Hamilton Research & Technology (HART), has received a purchase order worth Rs 50 crore from Vedanta Aluminium Metal.
Volumes jump at JBM Auto Ltd counter
JBM Auto Ltd saw volume of 108.72 lakh shares by 14:14 IST on NSE, a 58.26 fold spurt over two-week average daily volume of 1.87 lakh shares
Sebi proposes distribution model to deepen corporate bond market reach
Fixed Income Channel Partners would work with online bond platforms to distribute permitted securities and facilitate retail transactions, particularly in smaller cities
Tata Communications allots 68,894 equity shares under ESOP
Pursuant to the aforesaid allotment of equity shares, the issued and paid-up equity share capital of the Company stands increased to Rs 285,08,56,430 divided into 28,50,85,643 equity shares of the face value of Rs 10/- each.
Pidilite Industries allots 89,340 equity shares under ESOP
After allotment of aforesaid equity shares, the share capital of the company stands increased from 1,017,790,348 to 1,017,879,688.
Atomberg Technologies files DRHP for IPO to raise 450 crore through fresh issue
IPO to fund brand building, R&D and debt repayment
Indian Equities End Flat Amid Global Oil Price Concerns
Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.
IPO rush ahead: What should retail investors watch out for? DSP's Jay Kothari explains
Jay Kothari warns investors not to be misled by extraordinary market returns and emphasizes the need for proper research and patience.
Mankind Pharma signs in-licensing deal for Insulin Aspart and Insulin Degludec
Mankind Pharma has entered into an exclusive in-licensing and marketing agreement with Chongqing Chenan Biopharmaceutical Co., China, for the commercialisation of two insulin analogues, Insulin Degludec and Insulin Degludec + Aspart Combination, in India.
Rupee settles on flat note, 3 paise higher at 95.71 against U.S. dollar
Forex traders said the Indian rupee traded flat to positive on a weak dollar and a positive tone in the domestic markets. However, the rupee pared initial gains as geopolitical tensions continue to simmer
Indian equity benchmarks ended largely flat on Friday, extending gains for a second straight session despite Middle East uncertainties. Power Grid, HDFC Life and Kotak Mahindra Bank led the gainers, while Maruti Suzuki, Trent and HCL Tech were among the top losers. Broader markets outperformed with positive market breadth.
Higher interest, tax breaks and discounts: Financial benefits senior citizens can avail in India
Turning 60 in India signifies the end of active earning but opens the door to financial benefits including higher interest rates, tax concessions and discounts on travel and utilities. All of these financial benefits ease day-to-day spending.
Diamond Power Infrastructure commissions copper wire drawing and copper cable manufacturing line
At its integrated manufacturing complex in Vadodara
Sanathan Textiles starts production from its expanded technical textile yarn capacity
Sensex, Nifty, Share Prices Highlights: Indian equities ended little changed on Friday, but both benchmark indices declined for the week as rising crude prices and global bond yields heightened inflation concerns. Banking stocks offered support, while IT shares remained under pressure amid worries over US inflation.
Market ends flat amid geopolitical concerns; metal stocks gain
As per provisional closing data, the barometer index, the S&P BSE Sensex, ended flat at 77,540.83, up 3.11 points or 0.00%. The Nifty 50 index rose 20.15 points or 0.08% to 24,252.
Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USD
The Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions about supply disruptions played a role in its performance. The Reserve Bank of India's timely intervention helped prevent any serious decline against the dollar. Meanwhile, substantial foreign currency inflows enhance the central bank's ability to intervene, providing stability to the rupee amidst subdued volatility.
Millworks Technologies secures orders worth Rs 53.74 cr
Millworks Technologies has announced the receipt of confirmed orders aggregating to approximately Rs 53.74 crore, further strengthening its business momentum for the FY27. With this, the Company's total confirmed order book has increased to Rs 121.88 crore, providing strong revenue visibility for the upcoming period.
SME stock Technocrats Plasma Systems zooms 83% against IPO price on debut
SME stock, Technocrats Plasma was locked at the 5 per cent upper circuit at 242 on the BSE on debut, zooming as much as 83 per cent against the issue price of 132 per share.
Global Market: European shares little changed as bond yields rise and gulf tensions lift oil
European shares were little changed on Friday, with the STOXX 600 heading for a second straight weekly decline as rising bond yields and higher oil prices weighed on sentiment. Renewed Gulf tensions pushed Brent crude to a one-month high, reviving inflation concerns and complicating the outlook for global monetary policy.
Multibaggers: 12 stocks with profit margins above 10% for 8 straight quarters. Do you own any?
A scan of the BSE universe identified 207 companies with a market capitalisation above Rs 3,000 crore that maintained profit margins above 10% for eight consecutive quarters through June 2026. Among these, 12 stocks delivered gains of 97% to 396% over the past two years, with Acutaas Chemicals emerging as the top performer.
Empower India forays into sustainable digital infrastructure space
Empower India announced its strategic expansion into sustainable digital infrastructure solutions through its plans to develop customized Green Data Server and Data Center offerings. The initiative positions the Company to participate in India's rapidly growing data center industry, a market projected to exceed USD 22 billion by 2030, driven by accelerating adoption of Artificial Intelligence (AI), cloud computing, enterprise digitization, and increasing data localization requirements.
India eases rules for rupee export payments, boosting intl trade
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
HDFC Flexi Cap among 7 mutual funds that multiplied investors' wealth up to 24x in 20 years
Seven equity mutual funds multiplied investors wealth up to 23.3 times over 20 years, led by Nippon India Growth Mid Cap Fund. The list spans largecap, midcap and flexicap categories, highlighting strong long-term wealth creation and sustained compounding across market cycles.
Priya Sunder, co-founder and director at PeakAlpha Investments, said a child's exact career choice cannot be predicted 15 years in advance. She, therefore, advised that a portfolio be structured based on present value, adjusted for education-specific inflation.
Global Market: Eurozone bond yields edge lower after turbulent week in global debt markets
Eurozone bond yields eased Friday but remained set for weekly gains amid global bond-market stress, persistent inflation and fiscal concerns. Germanys 10-year yield stood at 3.2445%. Rising oil prices and stronger ECB rate-hike expectations added pressure, with markets pricing over 90% odds of a September rate increase.
CoinSwitch Q2 2026 report reveals broad-based investor demand with top five cryptocurrencies maintaining buy-to-sell ratios above one. Ethereum led the market with the highest ratio of 1.39, followed by Shiba Inu, Solana, Bitcoin, and PEPE, reflecting strong accumulation across major digital assets and meme coins.
Samir Arora-backed Helios Flexi Cap Fund increased exposure to Swiggy, Paytm and 20 other stocks in July, while adding SBI Funds Management and four others to its portfolio. The fund also exited Varun Beverages and India Shelter Finance, while trimming its holdings in MCX and BSE during the month.
ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battleground
AI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and transaction legitimacy. New security measures will distinguish between genuine and malicious automated activity. Payment rails may become invisible as consumers focus on speed and reliability.
Your credit report is crucial for loan applications, as discrepancies can harm your credit score and loan approval chances. Here's what you must do the moment you spot a discrepancy.
Balrampur Chini Mills Ltd leads losers in 'A' group
Himadri Speciality Chemical Ltd, Shree Renuka Sugars Ltd, Praj Industries Ltd and Britannia Industries Ltd are among the other losers in the BSE's 'A' group today, 21 August 2026.
Tata, Godrej and now Birla: Big groups aren't just chasing glitter
Indias gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reaching Rs 3.3 lakh crore by May 2026. Tata Capital, Godrej Capital and Aditya Birla Capital are expanding aggressively as lenders shift toward secured retail credit, driven by rising gold prices, strong demand, regulatory changes and Indias vast household gold holdings.
Tata MF lifts curbs on investment in gold ETFs
Tata MF restricted large lumpsum investment in its Gold ETF and Gold ETF Fund of Funds in June amid a surge in gold imports, which had put pressure on the rupee and the current account deficit
Mint Explainer | PM Modis Sapt Dhara: Indias farm-to-food strategy and why it matters
PM Narendra Modis seven-stream framework puts agriculture and food production at the heart of the push towards Viksit Bharat, with a focus on processing, branding and global exports.
Alacrity Securities Ltd leads losers in 'B' group
Avro India Ltd, Addi Industries Ltd, U. H. Zaveri Ltd and Loyal Textile Mills Ltd are among the other losers in the BSE's 'B' group today, 21 August 2026.
Zydus receives USFDA approval for Ascorbic Acid Injection USP
Zydus Lifesciences announced the receipt of final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Ascorbic Acid Injection USP, 25,000 mg/50 mL (500 mg/mL), 5,000 mg/10 mL (500 mg/mL).
Japan's Nikkei falls as rising bond yields and rate hike fears weigh on sentiment
The 10-year US Treasury yield rose back to around 4.7%, while Japans 10-year bond yield also moved higher. Investors remained cautious about whether US debt buybacks can provide lasting relief for borrowing costs.
Quadria Capital-backed Nobel Hygiene files IPO papers to raise Rs 150 crore
Nobel Hygiene has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to Rs 150 crore and an offer for sale of up to 15.51 million shares. The company plans to use the fresh issue proceeds for debt repayment, subsidiary investment and manufacturing expansion, as it seeks to capitalise on Indias fast-growing adult absorbent hygiene market.
China stocks end mixed as policy support lifts investor sentiment
The Shanghai Composite was little changed at 3,905.2, while the Shenzhen Component gained 0.87% to 14,094.2. Vice Finance Minister Liao Min said the government would step up fiscal support, with more spending aimed at households and consumption.
Gaja Alternative Asset Managements 550-cr IPO subscribed 14.77 times so far on closing day
The non-institutional investors (NIIs) portion was 40.29x subscribed, the retail portion 7.83x, and the qualified institutional buyers (QIBs) portion 7.76x
Why Rs 10,000 Phone Market Has Crashed
High memory costs have driven average mobile phone prices up by 15 per cent.
Kabra Extrusiontechnik skyrockets 181% from June low; hits 52-week high
Kabra Extrusiontechnik's share price hit a 52-week high of 575, soaring 9% on the BSE in Friday's intra-day deals. The stock has skyrocketed 236% from its 52-week of 171 hit on March 30, 2026.
FPIs boost financials, extend IT buying in early August
Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.
B.L. Kashyap & Sons secures order worth Rs 183 crore
B.L. Kashyap & Sons announced that it has secured an order worth Rs 183.18 crore from Realkraft Ventures LLP (Century Group).
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Punjab National Bank inks pact with Indian Army to offer curated credit cards to army personnel
Punjab National Bank and the Indian Army have signed an exclusive memorandum of understanding. This partnership will offer two specialised credit cards for Army personnel. These cards provide benefits like cashback and airport lounge access. The PNB Parakram Credit Card features an environmentally friendly biodegradable design.
MCX share price up 102% in a year; can the rally sustain? Analysts weigh
Analysts attributed the rise in MCX shares to its leadership position in the commodity segment. Notably, MCX has maintained over 98 per cent market share by value in commodity derivatives.
Hindustan Copper rises nearly 4% as copper prices gain on weak dollar
LME copper spot price is currently trading near its all-time high of $14,594/t, reached on 17 Aug 2026. At the current level of $14,113/t, spot copper price is up 46.3 per cent Y-o-Y on the LME.
Chinese humanoid robot maker Unitree made a spectacular stock market debut in Shanghai, with shares soaring 600% over the IPO price. However, CEO Wang Xingxing cautioned that a major software breakthrough for humanoid robots could still be years away, despite growing optimism around embodied AI and the global robotics market.
Global Market: BOJ's July 2027 meeting could shape Japan's rate path
The Bank of Japans July 2027 policy meeting is drawing attention after being scheduled for July 21-22, allowing hawkish board members Naoki Tamura and Hajime Takata to vote just before their terms expire on July 23. The timing could prove important for the BOJs rate-hike path as inflation pressures persist and a potential board reshuffle approaches.
A businessman received 23 lakh via RTGS but had his account frozen by the bank due to an income mismatch. The Allahabad High Court ruled in his favor, ordering the bank to pay 50,000 in compensation. Here's what happened.
Gold climbs to near three-month peak after US Treasury move
Gold rises on back of softer dollar and US Treasurys bond buyback move
Tube Investments raises stake in Shanthi Gears to 73.16% via 77.49 crore block deal
The company bought 20,64,713 equity shares of SGL at a face value of Re. 1 each, at a total cost of approximately 77.49 crore in an all-cash transaction
Why risk is becoming more distributed across Indias lending ecosystem
Indias lending ecosystem is becoming more interconnected as banks, NBFCs and fintechs take on specialised roles. This shift is distributing lending risk while making data sharing, technology and coordination increasingly important.
Smallcaps, Midcaps Race Ahead Of Largecaps
Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.
PSU Banks top alpha pick as OmniScience Capital stays overweight on banking sector
CEO Vikas Gupta described the banking sector as completely mispriced, highlighting that PSU banks are undervalued despite strong growth and their cleanest balance sheets in decades
ICICI Bank, Federal Bank among top bank picks by Axis Direct after Q1 earnings season
Welspun Corp wins its largest order ever worth USD 1.8 billion
The order will be executed between FY 2028 & FY 2029.
India bonds hang tight before supply as oil stalls
On Friday morning, Indian government bonds found stability as oil prices leveled off. The market reacted to hawkish minutes from the central bank and a sudden spike in crude prices. Later today, a major debt sale will gauge investor interest in bonds. As retail inflation surpassed the Reserve Bank of India's target, rising oil prices and global yields will influence the upcoming market direction.
Why are IT stocks down today? TCS, Infosys and LTM face broker downgrades
Nifty IT dips 1% intraday; brokerages flag pricing pressure and AI-led deflation concerns
US Treasury bond buybacks spark fresh fears over dollar weakness
The US Treasurys expanded bond-buyback programme has raised concerns that efforts to contain long-term borrowing costs could pressure the dollar. Rising yields, fiscal deficits and heavy debt issuance are intensifying market scrutiny. While some investors see echoes of earlier interventions, others view the move as limited. The policys longer-term currency impact remains uncertain.
Nifty flatlines near 24,232 at midday; crude surge caps gains, Power Grid shines
Sensex, Nifty remain confined to tight trading band through session, with limited directional momentum
Tata Steel, Adani Ports among top 10 stocks downgraded by Motilal Oswal after Q1 results
Quant Small Cap among 5 equity funds offering up to 25% SIP returns over 10 years
Five equity mutual funds have offered up to 25% annualised returns on SIP investments over the past 10 years
NMDC Steel gains after Crisil Ratings upgrades ratings to 'A' with 'stable' outlook
NMDC Steel (NSL) rose 1.29% to Rs 40.08 after the company said that Crisil Ratings has upgraded its rating on the long-term bank facilities of the company to 'Crisil A/Stable' from 'Crisil BBB+/Stable'.
Bharat Coking Coal shares jump over 7%. What's behind the sharp surge?
Bharat Coking Coal shares surged over 7% to Rs 37.70 as global coking coal prices soared 18%. The rally follows supply disruptions and strong long-term demand forecasts, offsetting the company's weak Q1 FY27 results where it posted a net loss of Rs 68 crore amid falling production.
Oriental Rail Infrastructure Ltd leads gainers in 'B' group
Sambandam Spinning Mills Ltd, MPDL Ltd, Shanthi Gears Ltd and UR Sugar Industries Ltd are among the other gainers in the BSE's 'B' group today, 21 August 2026.
Silver price rises 2,369 to 2.45 lakh per kg
Fresh positions built up by participants led to a rise in silver prices, analysts say
From stock euphoria to panic: South Korea investors face painful market fallout
South Koreas KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned into a sharp sell-off. The market fallout has left investors facing substantial losses, while raising concerns over financial-market reforms, retail leverage and South Koreas ambitions to secure developed-market status.
Crude oil price falls in futures trade on weak global cues
Crude oil futures for September delivery slip by 18, or 0.22%, to 8,286 per barrel on MCX
AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businesses
Aswath Damodaran says AIs investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolutionary technologies follow four stages: hype, investment, business building and recalibration. AI is entering the business-building phase, with revenues emerging but profitability uncertain. Significant disruption and market corrections remain possible.
Tata Motors to hike passenger vehicle prices by up to Rs 25,000
Tata Motors Passenger Vehicles Ltd (TMPV) announced a price hike of up to Rs 25,000 across its ICE and electric vehicle models, effective September 1, to mitigate rising input costs and inflationary pressures.
Bajaj Finance: Why Nomura is bullish despite competition, regulatory risks
Bajaj Finance shares have gained 12.56 per cent so far in 2026 and 22.18 per cent in a year. On Friday, the blue-chip NBFC stock was trading flat.
PSU banks offer highest alpha potential; IT faces uncertainty: Omniscience Capital
Indias domestic economy remains resilient, with healthy revenue and earnings growth despite geopolitical uncertainties, according to OmniScience Capital. The firm sees potential for 7%+ GDP growth this fiscal year and believes India could sustain a high-growth trajectory even if the West Asia conflict persists.
Welspun Corp Ltd up for five straight sessions
Welspun Corp Ltd is quoting at Rs 2344.9, up 16.94% on the day as on 12:44 IST on the NSE. The stock is up 163.59% in last one year as compared to a 2.56% gain in NIFTY and a 40.14% gain in the Nifty Metal.
PVR Inox Ltd spurts 0.57%, up for five straight sessions
PVR Inox Ltd is quoting at Rs 1226.4, up 0.57% on the day as on 12:44 IST on the NSE. The stock is up 8.42% in last one year as compared to a 2.56% slide in NIFTY and a 1.85% slide in the Nifty Media.
