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US stocks: US market slips as oil prices rise, retail results awaited
As investors braced for retail earnings reports, major stock indexes fell, signaling caution in the market. Oil prices surged, driven by concerns over Iran alongside global supply uncertainties. Recent economic data from July amplified the cautious atmosphere, as Home Depot and Walmart's earnings loom ahead, promising key insights into consumer spending trends. Technology stocks, however, exhibited a mixed performance in the face of AI investment risks.
Axis Bank expands corporate play beyond loans, shuns price war
Axis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corporate ecosystems. It handles collections, payments, trade finance, and salary accounts for businesses. Investment banking and wealth management services are also offered to companies and their promoters. This strategy aims to build liability and fee franchises by managing more corporate cash flows.
Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff
Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold's upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts and weak demand could limit future price increases.
Gold rises as weaker dollar, fading Fed hike bets lift demand
Gold prices advanced Monday, supported by a weaker dollar and fewer rate hike expectations. Investors are monitoring Middle East geopolitical tensions, which could influence markets. Markets reduced bets on a Federal Reserve rate increase after recent economic data.
Finance Minister Nirmala Sitharaman on Monday said Indias banking sector is in its strongest position to undertake the next phase of reforms, aided by historically low non-performing assets. She said the High-Level Committee on Banking for Viksit Bharat will be announced soon to align the sector with Indias growth ambitions.
Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules.
Jio-BlackRock rolls out MF plans; Lalithaa Jewellery IPO booked 0.68x
Regular plans come with higher expense ratios as they pay commissions to distributors
A 71.56 lakh cash deposit in a wifes bank account came under the tax departments scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income.
SEBI simplifies mutual fund registration with single application form
The move replaces the existing multi-stage process that required separate submissions for in-principle approval and final registration of a mutual fund.
Copper hits over six-month high as LME supply concerns mount
Copper prices reached their highest level in over six months on Monday. This surge occurred as London Metal Exchange inventories dropped significantly. Meanwhile, stocks in Comex warehouses have climbed substantially since last year. Other industrial metals also saw gains, supported by a weaker U.S. dollar.
ElNinoseen deepening Indias rainfall deficit through Sept
European forecaster says best of monsoon over for India; overall shortfall at 13%
Shorter-tenor SLB contracts may boost closing auction participation
Move by NSE, BSE Clearing comes as SEBI pushes for greater participation in new closing auction mechanism
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equities extended losses, with Sensex falling 281 points and Nifty declining for a fifth session. Analysts flagged crude prices, Strait of Hormuz tensions and Fed minutes as key drivers. Broader markets gained, while market breadth remained bearish with more declines than advances.
Reverse migration? Is cash finding its way back as currency with public surges to 41.8 lakh crore?
At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.
ICICI Bank raises $750 million as Indian banks tap dollar bond market
ICICI Bank raised $750 million through five-year dollar bonds at 105 basis points over US Treasuries, marking its second dollar issuance in a month. Strong institutional demand helped tighten pricing, while Kotak Mahindra Bank and Yes Bank prepare international bond issues.
Bain Capital sells 5.64% unitholding in Embassy Office Parks REIT for Rs 2,325 crore
Bain Capital recently sold a 5.64% stake in Embassy Office Parks REIT for Rs 2,325 crore, offloading more than 53 million units. In response, Embassy REIT is gearing up to purchase between ten to twelve million square feet of additional office space, while also developing 6.2 million square feet of new office environments. The company celebrated a 17% yearly growth in net operating income, highlighting its strong performance.
EyePoint's drug for age-related eye disease fails late-stage trial, shares tank 70%
EyePoint's experimental drug Duravyu failed a late-stage trial for a serious eye disease. The company's shares dropped significantly after the disappointing trial results were announced. This failure impacts EyePoint's goal to compete with Regeneron's successful Eylea treatment. Analysts suggest investors will await further study confirmation for the drug's viability. EyePoint plans a new trial and FDA submission for approval in 2027.
Jio BlackRock AMC launches regular mutual fund plans available via distributors
JioBlackRock Asset Management has launched regular plans for eligible mutual fund schemes, expanding beyond its existing direct-plan offerings. Available through empanelled distributors from August 17, the move aims to broaden investor access while strengthening partnerships with Indias growing mutual fund distribution network.
Following live trading strategies on social media? Sebi has a warning for you
Sebi warned investors against relying on live trading strategies and real-time stock tips shared on social media, saying such sessions may involve unregistered advisory services. The regulator urged investors to avoid such advice and deal only with Sebi-registered intermediaries.
Rupee weakens, bond yields rise as RBI shuts FCNR(B) swap window early
The rupee settled at 95.61 per dollar, while the benchmark 10-year government bond yield rose to 6.81 per cent as the RBI's move raised concerns over dollar inflows
Wipro arm, Micromax, Jyoti CNC lead 7,877cr electronics investments
Meity approved 7,877 crore in new electronics component investments across 31 projects on Monday, led by Wipro's 1,033-crore addition to its Bengaluru circuit-board material plant.
Paytm block deal: Resilient Asset to sell up to Rs 4,895 crore stake at 3% discount
Resilient Asset Management plans to sell up to 4.98% of Paytm parent One 97 Communications through a block deal worth Rs 4,895 crore. The offer carries a 2.9% discount, potentially pressuring shares.
Market Trading Guide: Hindustan Copper among 2 stock recommendations for Tuesday
Analysts recommend Hindustan Copper and Concord Biotech after both stocks broke key resistance levels with strong price action, volume and bullish momentum. Despite energy-led cost pressures, stronger Q1FY27 earnings and pricing actions could support upgrades, though margin risks remain from higher-cost inventory.
Mopshop Distribution IPO opens August 19, price fixed at Rs 138 per share
The facility management supplies company plans to deploy most of its fresh capital toward deleveraging while expanding logistics and sustainable infrastructure.
FCNR(B) swap cost unlikely to have driven RBIs early closure: SBI Research report
SBI Research said the cost of the RBIs FCNR(B) swap facility is unlikely to have driven its early closure, estimating cumulative hedging costs at USD 10.5 billion over five years. It said mobilisation targets may already have been achieved, with FCNR(B) deposits at USD 52.3 billion as of August 13.
8th pay commission: What's on the agenda for upcoming states visits and meetings? Check top updates
8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.
FII ownership falls to 17-year low as domestic investors strengthen grip
FPI ownership in NSE-listed companies fell to 15.1 per cent, while domestic mutual funds raised their stake for the 12th straight quarter to a record 11.6 per cent
A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.
CDSL IPF, Amar Chitra Katha launch film to promote informed investing
The initiative uses familiar characters and storytelling to help audiences across age groups and regions better understand basic financial planning and investing
Govt to announce high-powered panel on banking reforms for Viksit Bharat
Finance minister Nirmala Sitharaman says PSB Confluence deliberations will provide substantive inputs to the proposed panel as banks prepare for the next phase of growth.
Positive inflows into gold ETFs continue for the 4th week in a row
Though the yellow metal did not gain much last week, investors interest was sustained by prices ruling near $4,400/ounce
US stocks: US market edges lower as Middle East tensions offset AI optimism
Stock markets opened with caution on Monday as investors considered renewed US-Iran tensions. The Dow Jones Industrial Average saw a slight decrease at the opening bell. Meanwhile, the S&P 500 experienced a modest rise in early trading. The Nasdaq Composite also climbed higher during the opening session. A strong revenue forecast from AI lab Anthropic provided some support for tech stocks.
US stocks: S&P 500 opens muted as Middle East tensions weigh
Stock markets opened with caution on Monday as investors considered renewed US-Iran tensions. The Dow Jones Industrial Average saw a slight decrease at the opening bell. Meanwhile, the S&P 500 experienced a modest rise in early trading. The Nasdaq Composite also climbed higher during the opening session. A strong revenue forecast from AI lab Anthropic provided some support for tech stocks.
Om Infra executes supplementary agreement for ongoing water project in UP
Om Infra has received Letter of Award for execution of a Supplementary Agreement from the Office of the Superintending Engineer, Circle Office, Uttar Pradesh Jal Nigam (Rural), Lucknow, Uttar Pradesh.
Rice exporters seek Goyals intervention on Chinas allegation of GMO presence in shipments
TREACG urges India and China to resolve GMO testing differences through dialogue
Horizon Industrial Parks IPO gets 14% subscription on first day of bidding
The initial public offering of Horizon Industrial Parks Ltd received 14 per cent subscription on the first day of bidding on Monday. The company's IPO received bids for 3,52,85,000 shares against 25,13,56,273 shares on offer, according to NSE data. The category for retail investors received 19 per cent subscription. The quota for Qualified Institutional Buyers (QIBs) was subscribed 18 per cent and that of non-institutional investors 3 per cent. Horizon Industrial Parks is an industrial and logistics infrastructure developer, owner and operator with a portfolio of around 60 million square feet across 46 assets in 10 cities. Blackstone-backed Horizon Industrial Parks Ltd on Friday raised Rs 1,168 crore from anchor investors. The company's Rs 2,600-crore IPO will close on August 19. The price band has been fixed at Rs 57-60 per share. The IPO comprises entirely a fresh issue of equity shares, with no offer-for-sale (OFS) component. At the upper price band, the issue values the compa
Michael Burry revives AI warnings, Big Short investor says 'You could have heard it first'
Michael Burry revived his AI bubble warnings after a report highlighted roughly $3 trillion in disclosed commitments by technology giants for AI infrastructure. He argued these off-balance-sheet obligations could signal excessive investment, echoing concerns over stretched valuations and market exuberance.
FCNR(B) inflows stabilise rupee but fail to trigger 2013-style rally
Heavy foreign-currency inflows have strengthened the central banks ability to manage volatility, but broader global forces continue to shape exchange rates.
Are Income plus arbitrage funds a good investment choice? Returns explained
After attracting nearly 21,000 crore in 2025, income plus arbitrage funds saw investors withdraw around 2,000 crore during the first seven months of 2026 through 31 July, according to MFI360 Explorer.
Horizon Industrial Parks IPO subscribed 0.14 times on Day 1
The industrial and logistics park developer is seeking funds mainly for debt repayment, while investors weigh its growth prospects and valuation.
Puravankara Q1 Results: Revenue surges 63% to Rs 877 crore; PAT at Rs 25 crore
Puravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Year-on-year, total revenue soared sixty-three percent, hitting eight hundred seventy-seven crore. Profit after tax rebounded to a positive figure, showcasing a strong turnaround from the previous year. The company successfully delivered seven hundred forty-five homes, sustaining its operational pace, while significantly boosting its Bengaluru land transactions with an added GDV of five thousand two hundred crore.
India's Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) could expand two to three times from the existing assets under management (AUM) by 2030, supported by low penetration across several infrastructure segments, according to an Ionic Wealth chartbook.
India bonds sink on RBI's early close of FX swap facility
The Indian government bond market experienced a dip in demand on Monday, leading to higher yields. In an unexpected move, the central bank accelerated the deadline for its diaspora deposit swap program. This decision came after robust foreign deposit inflows from banks. As policymakers weighed domestic liquidity impacts and borrowing costs, the early deadline disappointed investors, shifting their outlook on upcoming surpluses.
Lalithaa Jewellery IPO Day 1: Subscribed 0.69x so far
As of August 17, the IPO received bids for 4,35,54,032 shares against 6,27,61,403 shares on offer
Are NRIs taxed on money gifted to a Hindu Undivided Family?
The gift of money from your NRO bank account to your fathers HUF will not create any tax liability for you, as a gift of money is not taxable in the hands of the person making the gift.
Becoming a loan guarantor can affect your credit score, borrowing capacity and financial stability if the borrower misses EMIs or defaults. Know the key risks, credit impact and precautions before signing a loan guarantee.
KEI Industries among 4 midcap stocks to hit 52-week highs & surge up to 15% in a month
Four BSE Midcap stocksKEI Industries, LG Electronics India, Ajanta Pharma and Ipca Laboratorieshit fresh 52-week highs despite the Sensex falling 281 points. Ajanta Pharma led gains with a 98% monthly surge, while KEI Industries rose 20%, highlighting pockets of market strength.
Brokers Call: HG Infra Engineering (Hold)
ICICI Securities
6 listed Indian REITs distribute Rs 3,136 crore to unitholders in Q1 FY27
Indias six listed REITs distributed Rs 3,136 crore to more than 4.85 lakh unitholders in Q1 FY27, reflecting strong rental collections and stable cash flows. Their combined AUM exceeded Rs 3.17 lakh crore, while market capitalisation crossed Rs 2.17 lakh crore.
RBI loan recovery rules 2027: What recovery agents can and cannot do
Morgan Stanley retained its positive view on Reliance Industries after its partnership with Rolls-Royce to develop indigenous combat engines for Indias AMCA programme. The brokerage said the move reinforces Reliances evolving strategy.
Gold and silver have taken different paths in 2026, shaped by changing global conditions and demand trends. While both retain a longer-term investment case, Tata MFs latest view points to some important differences investors may want to consider before deciding how to allocate.
Prashant Kishor's 73 crore property portfolio: When does owning real estate become too much?
Prashant Kishors 73 crore property portfolio highlights why investors should balance real estate with equities, debt, gold and cash, while prioritising liquidity, diversification, risk management and long-term wealth creation.
Rupee slips as sentiment drags on RBI curtailing FX inflow window
The Indian rupee slipped against the US dollar on Monday as the central bank's surprise move to shorten its forex swap timeframe rattled the market. Importer demand for dollars continued to exert downward pressure on the rupee. In response to the announcement, dollar-rupee forward premiums spiked significantly, while analysts remain optimistic about potential inflows in light of the revised swap conditions.
Tempsens Instruments' Rs 650 crore IPO opens on August 20, price band fixed at Rs 285-300 per share
Tempsens Instruments is preparing for its IPO launch on August 20, targeting an impressive Rs 650 crore in funding. Of this, Rs 18 crore will be allocated for capital investments while Rs 55 crore is designated for settling debts. Recognized as the largest producer of temperature sensors and specialized cables in India, Tempsens has shown substantial revenue and profit increases.
Finance Minister Nirmala Sitharaman today said the Centre will soon constitute a high-level panel on Banking for Viksit Bharat, which will submit its thoughts and recommendations to the government.
Market veteran Raamdeo Agrawal has called Zeptos IPO plans premature after the quick-commerce firm deferred its proposed listing amid valuation concerns. Zepto is reportedly discussing a valuation of $2.5-3 billion, sharply below its $7 billion private valuation. Agrawal said companies should tap public markets only when profitable or close to profitability, as investors focus heavily on earnings.
In a first, Bihar joins Centres direct pulse procurement network
The policy shift gives local growers direct access to the Centre's MSP mechanism for the first time, with agencies already procuring 3,000 tonnes of masoor.
Bitcoin hovers near $63K ahead of Fed rate decision as investors assess liquidity outlook
Bitcoin hovered near $63,000 as investors awaited Federal Reserve guidance, with weak ETF flows, geopolitical tensions and elevated oil prices pressuring risk appetite. Analysts highlighted $62,300 support and $63,300-$64,000 resistance, while Ethereum and major altcoins showed mixed performance amid broader consolidation.
L&T clinches 15,000 crore Middle East contract, boosts offshore energy order book
The contract involves the development of multiple offshore facilities and marks a significant addition to LTEH Offshores order book.
Rupee hits two-week low amid rising oil prices and forex swap changes
The rupee fell 0.2% to 95.6025 per dollar but avoided larger losses due to likely intervention by the Reserve Bank of India, traders said
GIC Re pushes 50-50 international goal into long term as foreign book shrinks
GIC Re expects it could take three to four years to rebuild its foreign premium to 18,000 crore as softer reinsurance rates reduce premiums earned on the same risks.
Bandhan Small Cap Fund made significant portfolio changes in July, adding 15 new stocks and exiting nine. HDFC Bank, AWL Agri Business and Sterlite Technologies were among the key stocks where the fund raised its holdings.
Indian rupee seen weakening to 97 per dollar by FY2026-27-end: BMI
BMI expects the rupee to weaken to 97 per US dollar by the end of FY2026-27, which runs from April 2026 to March 2027, and to 99 per dollar by the end of FY2027-28, from 95.4 currently
Rubicon Research rallies as Q1 PAT soars 95.8% YoY
Rubicon Research surged 9.68% to Rs 1,775.90 after the company reported strong Q1 FY27 performance, with sharp growth in revenue, EBITDA and profit.
Zaggle Prepaid Ocean Services Ltd leads losers in 'A' group
Cupid Ltd, Schneider Electric Infrastructure Ltd, Belrise Industries Ltd and NMDC Steel Ltd are among the other losers in the BSE's 'A' group today, 17 August 2026.
Why feeling good is getting expensive
From concert tickets and weekend getaways to coffees, treats and office celebrations, funflation and treatflation are making small pleasures costlierand quietly reshaping how we spend and save.
Rubicon Research zooms 166% in CY2026; hits new high post Q1 results
Rubicon's share price hit a new high of 1,800 soaring 11 per cent on the BSE in Monday's intra-day deals amid heavy volume after reporting healthy earnings for Q1FY27.
Turtlemint Fintech climbs after Q1 net loss narrows to Rs 38 cr
Turtlemint Fintech Solutions rallied 8.01% to Rs 148.30 after the company's consolidated net loss narrowed to Rs 37.78 in Q1 FY27 compared with net loss of Rs 46.69 crore in Q1 FY26.
Volumes jump at Physicswallah Ltd counter
Physicswallah Ltd witnessed volume of 808.08 lakh shares by 14:14 IST on NSE, a 16.2 times surge over two-week average daily volume of 49.89 lakh shares
Global Market: European shares climb despite geopolitical risks; miners lead gains
European shares edged higher as gains in basic resources and technology stocks offset weakness in defensive sectors. A softer dollar, weaker US economic data and firmer gold prices supported sentiment, while investors continued to monitor Federal Reserve policy expectations, commodity prices and geopolitical risks.
Should you invest in income plus arbitrage funds?
Income-plus arbitrage funds, aimed at wealthier investors seeking tax benefits, have seen limited traction, with recent withdrawals offsetting initial inflows. Their complex structures and mixed short-term returns have also hindered adoption.
Ritesh International plans capacity expansion of 50% at its Ahmedgarh facility
The project involves an estimated total capital expenditure of Rs 7 crore, which will be financed through a balanced mix of long-term bank loans of about Rs. 1 crore and balance of about Rs. 6 crore from internal accruals. The expansion project is scheduled to be completed within period of approx. 8 months, with commercial production targeted for Q1 FY27-28.
Nifty trades below 24,350; consumer durables share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex tanked 212.72 points or 0.27% to 77,797.27. The Nifty 50 index lost 37 points or 0.15% to 24,329.
Secmark Consultancy Ltd leads losers in 'B' group
Kernex Microsystems (India) Ltd, Thomas Scott India Ltd, Solex Energy Ltd and Spice Lounge Food Works Ltd are among the other losers in the BSE's 'B' group today, 17 August 2026.
US dollar index large currency speculators marginally reduce net longs
Large currency speculators in the US dollar futures continue to hold around a three and half year high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 21409 contracts in the data reported through August 11, 2026, marking a slight decrease of 1090 net positions compared to the previous week.
Sunil Singhania-led Abakkus Mutual Fund crosses Rs 10,000 crore in AUM with nearly 2 lakh investors
Sunil Singhania-led Abakkus Mutual Fund has crossed the Rs 10,000 crore AUM milestone less than a year after launching its first scheme in December 2025. The fund house now has more than 1.91 lakh investors and manages three equity schemes along with a Liquid Fund.
FIIs steadily increased holdings in several BSE 500 companies across three quarters, with select stocks delivering 50133% returns. Three multibaggers more than doubled investors wealth, highlighting strong institutional buying.
Mukul Agrawal portfolio stock PTC Industries soars 8% on strong Q1 results
PTC Industries reported a 465% YoY surge in PAT at 29.20 crore, backed by 97% increase in revenue from operations to 192 crore in Q1FY27.
Indias six listed REITs distribute Rs 3,136 crore in Q1 FY27
Indias six listed REITs distributed Rs 3,136 crore to over 4.85 lakh unitholders in Q1 FY27, reflecting strong rental collections, occupancy and stable cash flows. With Rs 3.17 lakh crore in assets, the sector continues expanding, offering investors regulated access to income-generating commercial real estate and strengthening its role in Indias capital markets.
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, Vedanta Power and 32 others
Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while trimming three holdings and exiting Bank of Baroda.
Schneider Electric Infrastructure slumps after dismal Q1 performance
Schneider Electric Infrastructure tumbled 11.18% to Rs 1215.40 after the company reported 69.8% drop in net profit to Rs 12.4 crore in Q1 FY27 from Rs 41.2 crore in Q1 FY26.
$115/bbl: CareEdge pegs oil level seen turning OMCs' operating profit red
The ratings agency estimates that an integrated OMC's operating profit would turn negative at around $115 a barrel, assuming no further increase in petrol and diesel retail prices.
EMS rises after securing work contract worth Rs 129 crore from Municipal Corporation Jodhpur
EMS added 2.50% to Rs 370.90 after the company announced the receipt of the lowest bidder (L-1) status awarded by Municipal Corporation Jodhpur for sewerage work.
Adani Power Ltd slips for fifth straight session
Adani Power Ltd is quoting at Rs 203.3, down 0.95% on the day as on 13:19 IST on the NSE. The stock jumped 69.77% in last one year as compared to a 2.12% slide in NIFTY and a 12.23% spurt in the Nifty Energy index.
Invesco Mutual Fund is reopening select existing SIPs and STPs in three international fund-of-funds from 18 August. The reopening comes as overseas investment limits continue to restrict fresh investments in international mutual funds.
Planning to invest in gold every month? Know the best options for beginners
Gold mutual funds and ETFs offer beginners convenient ways to invest small amounts monthly. Mutual funds provide professional management and easy redemption, while ETFs offer lower costs for investors comfortable using a demat account.
Nifty trades near 24,350 level; European markets open higher amid easing Fed hike expectations
The benchmark indices continued to pare losses in afternoon trade as investors continued to assess the slew of latest corporate earnings announcements. The Nifty traded near the 24,350 mark. Metals, realty and private bank stocks advanced while pharma, FMCG and IT shares declined.
