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Crude oil futures fall ahead of expected US sanctions on Iran
At 9.38 am on Monday, November Brent oil futures were at $91.35, down by 1.42%, and October crude oil futures on WTI (West Texas Intermediate) were at $85.68, down by 1.59%
Can TCS Survive Chandra's Exit?
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
Bonus issues & stock splits: 6 stocks to turn ex-record date this week. Do you own any?
At least six companies have fixed record dates for bonus issues or stock splits this week, from August 24 to August 28. The list includes 1:1 bonus issues by Abhishek Integrations and Mayank Cattle Food, along with stock splits by TD Power Systems, Waterways Leisure Tourism, Rotographics India and Spice Islands Industries.
Gaja Alternative Asset Management IPO allotment is expected today, August 24, after its Rs 550 crore issue was subscribed 31.33 times. QIBs led demand at 43.58 times, while NIIs subscribed 62.35 times. With GMP at Rs 17, or 11%, investors await allotment status before the proposed August 26 listing on NSE and BSE.
Rs 21,000 crore IPO rush in August highest in one year. Will September break all records?
In August, India's IPO market witnessed a remarkable recovery, becoming the most active month in nearly a year. Over twenty companies successfully raised more than twenty-one thousand crore rupees through public offerings. This revitalization comes after a quieter first half characterized by market instability and concerns over valuations. Positive market sentiment, coupled with strong performances from recent listings, has encouraged a significant number of companies to prepare for their IPOs.
RBI likely intervenes, anchoring rupee in face of global ructions, traders say
The rupee was little changed on the day at 95.6425 per dollar, clinging to a narrow range in early trading
Gold extended its winning streak on MCX, rising for a fourth straight session, while silver snapped a three-day rally as investors tracked the dollar and awaited key US inflation data and Federal Reserve Chair Kevin Warshs speech. Analysts expect precious metals to remain volatile, with key support and resistance levels in focus.
Symbiotec IPO draws positive brokerage views on strong API portfolio growth
Symbiotec Pharmalab IPO is a mix of a fresh issue of 15 lakh and an offer for sale of 1.63 crore. The price band for the offer is set issue price band at 938 to 988 per share.
BLUECLOUDS commences delivery of services to SpaceX
Blue Cloud Softech Solutions announced that it has commenced the delivery of services under its Master Services Agreement (MSA) with SpaceX International, MY, with execution under Statement of Work No. 1 beginning 24 August 2026.
Oriental Hotels to merge with Indian Hotels Company
Indian Hotels Company (IHCL/ transferee company) approved the Scheme of Arrangement between Oriental Hotels (OHL/ transferor company'), the company and their respective shareholders, under the provisions of Sections 230 to 232 of the Companies Act, 2013 and other applicable regulatory requirements, for the amalgamation of OHL into and with the company.
Indian banks' asset quality outlook remains stable, West Asia impact limited: Report
Banks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses from emerging. The current crisis in West Asia is unlikely to significantly affect operations. Furthermore, with a strong government backing, microfinance loans provide more security, and although MSME loans continue to grow, they are still within safe limits for banks.
Tempsens Instruments IPO Day 3: GMP at 105%, subscription hits 21.66x. Should you subscribe?
Tempsens Instruments IPO saw strong investor demand, with the issue subscribed 21.66 times by Day 2, while the latest grey market premium (GMP) indicated a potential 105% listing premium. The Rs 650-crore IPO closes on August 24, with Anand Rathi assigning a Subscribe: Long Term rating despite the issue appearing fully valued at the upper price band.
Skyways Air IPO opens today; GMP at 23%: Key details. Should you subscribe?
Skyways Air Services Rs 582.8 crore IPO opens on August 24, 2026, with a price band of Rs 131Rs 138 per share. The logistics company plans to use the proceeds mainly for debt repayment and working capital, while a 23% grey market premium signals expectations of a strong listing.
Sebi rejects settlement applications by 13 foreign funds in Adani probe
Some of the funds were unwilling to provide information the regulator considered necessary to settle the case, while others resisted demands to disgorge money sought by Sebi
Indian equities opened higher on Monday, with Sensex and Nifty extending gains as oil prices eased ahead of fresh US sanctions on Iran. IT and metal stocks led sectoral gains, while pharma declined. Broader markets also advanced, market breadth remained positive, and India VIX fell over 3%, signalling reduced volatility.
Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on Monday
Samsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return 90 trillion won to 110 trillion won this year, including 30 trillion won in Q3 cash dividends. While the payout is five times its 2020 record, analysts said it fell short of expectations and lacked clarity on buybacks.
Smartworks adds incremental contracted revenue of Rs 235 cr
JTL Engineering plans expansion of its narrow-width HR coil manufacturing capacity
JTL Industries announced that its subsidiary, JTL Engineering, will undertake a capital expenditure of approximately Rs. 15 crore to expand its narrow-width HR coil manufacturing capacity.
Citi, Axis Bank team up on leveraged India dollar deposit boom
Axis Bank will provide standby letters of credit to support financing extended by Citigroup through its offshore operations
Rupee set for quiet open, supported by inflows; oil, month-end activity eyed
The rupee is expected to open in the 95.65-95.70 range, per traders, having settled at 95.6950 to the dollar on Friday
While a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over time.
Gold hits over 3-month high ahead of US inflation data, Fed chair speech
Spot gold was up 0.5% at $4,627.42 per ounce, as of 0155 GMT, after hitting its highest level since May 15 earlier in the session
Hy-Tech Engineers IPO opens today: GMP signals 47% listing premium. Should you subscribe?
Hy-Tech Engineers IPO: The Rs 135.73-crore issue set to remain open until August 27. The IPO comprises a fresh issue of Rs 60 crore and an OFS worth Rs 75.73 crore. Its GMP currently signals a potential 47% listing premium, indicating strong investor interest. Allotment is expected on August 28, with listing tentatively scheduled for September 1.
Stock Alert: Caplin Point Lab, Natco pharma, Federal Bank, B. R. Goyal Infra
Shares of Steel Authority of India (SAIL) barred from fresh F&O positions on 24 August 2026.
Nifty set for positive start; global yields, Iran tensions in focus
GIFT Nifty:
Heranba Industries consolidated net profit rises 17.05% in the June 2026 quarter
Sales decline 15.30% to Rs 383.20 crore
Sales rise 984.21% to Rs 120.13 crore
Advance Syntex reports standalone net loss of Rs 0.01 crore in the June 2026 quarter
Reported sales nil
Lenskart Solutions shares in focus after $300 million block deal; Softbank Vision Fund likely seller
Lenskart Solutions shares will be in focus Monday after SoftBank Vision Fund II Lightbulb Cayman reportedly launched a block deal to sell up to a 2.6% stake for around $300 million. The floor price is set at Rs 635 per share, a 4% discount to Fridays close. The seller will face a 45-day lock-up on any residual stake sale.
Bank unions condemned the Finance Ministry's revised PLI scheme for being discriminatory towards lower-ranked employees. They are advocating for equitable incentive structures and a five-day work week.
Symbiotec Pharmalab IPO opens today: GMP signals 41% upside Should you subscribe?
Symbiotec Pharmalabs Rs 1,757 crore IPO opens August 24, with a Rs 938988 price band and 41% grey-market premium. The issue combines fresh shares and an OFS, while proceeds will partly repay debt. Its specialised API manufacturing, regulatory approvals and biotechnology capabilities offer investors exposure to Indias pharmaceutical manufacturing growth.
8th Pay Commission: 5 key changes from 7th Pay Commission that could shape salaries and allowances
The 8th Pay Commission is holding consultations and reviewing salaries, allowances and pensions. Here are five major changes under the 7th Pay Commission that could offer clues about what employees may expect from the 8th Pay Commission, when it tables its final report tentatively by May-June 2027.
Iran discovers new gas field with 7,500 billion cubic feet reserves in Fars
The discovery comes as Tehran works to restore damaged South Pars facilities while facing mounting economic pressure and fresh US sanctions threats
JBM Auto among 5 stocks showing bullish RSI upswing
On August 21, five Nifty500 stocks that gained over 4% were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks.
Sandur Manganese forays into hospitality with new wholly owned subsidiary
Sandur Manganese & Iron Ore announced that it has incorporated Royal Sandur Hospitality as a wholly owned subsidiary in India, marking the company's entry into the hospitality sector.
Used UPI or NEFT for a large payment? Heres what the Income Tax Department may actually look at
UPI, NEFT, RTGS and IMPS payments do not automatically trigger an income tax notice, but unexplained transactions can attract scrutiny. Heres when digital payments may raise questions and what taxpayers should check in their AIS, Form 26AS and ITR.
Citigroup, Axis Bank team up to leverage NRI deposits as RBI dollar inflows surge
Citigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allow standby letters of credit against such deposits. The arrangement could amplify dollar inflows through offshore financing as India seeks to strengthen foreign-exchange reserves and support the rupee amid strong NRI deposits.
SBI Share Price Live Updates: SBI's Financial Snapshot
Tata Steel Share Price Live Updates: Tata Steel's Market Update: Today's Gains vs. Long-Term Trends
Coal India Share Price Live Updates: Coal India Ltd's Price Breakout Signals Strength
A wrong EPF joining or exit date can do more than create paperwork hassles. It may delay PF transfers, complicate withdrawals, and even affect your EPS pension eligibility. Heres why checking your service history now can save years of trouble later.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's market performance reflected in its beta
Prestige Estates and PB Fintech among top picks by Choice Borking
Choice Broking's Sachin Gupta has recommended three stocks, Prestige Estates, PB Fintech and Carborundum Universal, based on their positive technical setups.
BPCL Share Price Live Updates: Market update: BPCL at Rs 311.0
Stocks to watch: ZEEL, Vodafone Idea, Jubilant Pharmova, Power Grid, BoB
In the commodity market, oil prices eased, with Brent crude futures down 1.29 per cent at $93.17 and the US West Texas Intermediate crude lower by 1.38 per cent at $85.86.
ITC Share Price Live Updates: ITC Price and Returns Snapshot
Divis Labs Share Price Live Updates: Divis Labs Faces Downward Price Breakout
Symbiotec Pharmalab IPO opens today: Price, dates, lot size and key details
What brokerage say on the IPO?
L&T Share Price Live Updates: L&T stock performance update
Lalithaa Jewellery Mart shares to debut today; GMP signals 37% premium ahead of listing
The Rs 1,700-crore IPO, which opened for subscription on August 17 and closed on August 19, drew an exceptional response, with the issue subscribed 62.97 times overall. Investors placed bids for a substantial portion of the 6.27 crore shares on offer.
Hy-Tech Engineers IPO issue opens today: Read Key details
Brokerages views on the IPO
We have collated a list of recommendations from top brokerage firms from ETNow and other sources
India's $10 billion equity rush puts August on track for a record month
Almost $10 billion of deals have been priced in August, led by the government's blockbuster $3.2 billion sale of shares in LIC
KFintech, Affle 3i: Two breakout ideas from Angel One
Technical analyst Hitesh Rathi of Angel One has identified KFintech and Affle as two stocks with bullish technical setups and potential upside.
US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose he toughest sanctions in history on Iran. US President Donald Trump has also threatened sanctions against countries trading with Iran.
Niftys rally hinges on a break above the key 24,35024,400 resistance zone
Nifty is currently oscillating within a wide trading range, necessitating a breakout to gain notable momentum. Analysts are providing tailored strategies for traders facing this market scenario. Recommended tactics include purchasing Nifty futures with protective hedges and implementing a buy-on-dips strategy for Bank Nifty. A selection of high-potential stocks is presented, focusing on distinct entry points, targets, and stop-loss levels.
Asian shares flat ahead of expected US sanctions on Iran, Nvidia results
The entire tech sector is holding its breath for Nvidia's results on Wednesday; investors are aware how hard it will be for the chip maker to meet stratospheric expectations
Horizon Industrial Parks shares to list today. Check GMP ahead of debut
The Rs 2,600-crore IPO comprised an entirely fresh issue of 43.34 crore shares, with the company fixing the price band at Rs 5760 per share.
Oil prices fall ahead of expected US announcement on new Iran sanctions
Brent crude futures fell $1.22, or 1.29%, to $93.17 by 0035 GMT, while US West Texas Intermediate crude was at $85.86 a barrel, down $1.20, or 1.38%
Nifty, Sensex may open weak as crude, West Asia tensions weigh
Investors are likely to remain cautious as geopolitical risks, firm oil prices and derivatives positioning shape trading sentiment at the start of week.
Negative Breakout: These 7 stocks cross below their 200 DMAs
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Dollar trading near multi-month lows, restrained by debt nerves
The dollar is facing significant weakness, hovering close to multi-month lows as market participants await crucial details on sanctions and upcoming policy speeches. Canada's dollar dipped following a halt in trade negotiations, along with imposing tariffs from both sides. In contrast, the euro and yen stabilized, and the Australian and New Zealand dollars reached their highest points in three months. Investors are keenly eyeing speeches from U.S.
Gold hits over three-month high ahead of US inflation data, Fed chair speech
Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gold reserves, reflecting increased demand from the official sector.
Oil falls ahead of US announcement on new Iran sanctions
Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create further disruptions in oil supply routes across the Middle East, anticipation builds. U.S. Treasury Secretary Scott Bessent is poised to unveil the most stringent sanctions to date. Meanwhile, Iran's leadership is split between choosing to de-escalate or confront these challenges. The impact of U.S.
20 stocks to watch on Monday: Lenskart, Natco Pharma, Power Grid, GHCL, Sigachi and others
Corporate developments across sectors include stake-sale plans in Lenskart, regulatory updates for pharma companies, major power and infrastructure orders, new manufacturing investments, strategic partnerships, preferential issues, and expansion initiatives by several listed companies
Prepaying a personal loan can reduce interest costs, but closing a loan early is not always beneficial. Experts say to compare interest savings, foreclosure costs, emergency funds, remaining tenure and potential investment returns before deciding whether to prepay or foreclose.
US Treasury Secretary may have a tough time dealing with yields
Treasury Secretary Scott Bessent initiated a Treasury twist to influence bond yields. This move aimed to lower long-term borrowing costs for the administration. However, yields quickly rebounded, indicating forces beyond his control. Record debt levels and increased corporate borrowing are pushing rates higher. Investors are reportedly acting on misinformation regarding the deficit situation.
PolicyBazaar technical setup turns positive; SMC Globals Shitij Gandhi recommends buying on dips
PolicyBazaar technical setup turns positive; SMC Globals Shitij Gandhi recommends buying on dips
Sensex today | Stock Market Live: Stock to buy today: IndusInd Bank
Sensex, Nifty, Share Prices Live: The stock of IndusInd Bank has been consolidating for about a month. That is, it has been oscillating between 990 and 1,035 since the final week of July. Prior to this, the trend has been bullish. The chart now shows the formation of a good base at 990, where the 50-day moving average coincides. We anticipate a recovery on the back of this level.
Derivatives get gen Z twist, but losses cast a long shadow: Sebi
Young traders below thirty years of age now make up an impressive forty-three percent of participants engaged in equity derivatives. However, this age group encountered a spike in trading losses in FY26. Moreover, individuals from lower-income categories and smaller towns are on the rise in the trading scene, contributing to significant turnover and losses while showcasing a greater risk appetite in derivatives than in other investments.
IIFCL raises $200 million via 2 ECB transactions
IIFCL plans to raise around $1 billion through long-term ECBs, with tenors of up to 15 years, under the MIGA Guarantee Facility, in multiple tranches. The proposed long-term funding will support infrastructure projects with long gestation periods and provide long-term financing to the sector.
Stocks in news: Reliance Industries, Bank of Baroda, Power Grid, NATCO Pharma and JSW Infra
Indian equity markets closed largely unchanged on Friday, August 21, after a volatile trading session. Several companies, including Reliance Industries and Bank of Baroda, reported significant corporate developments. Power Grid Corporation and Jubilant Pharmova also announced key project wins and regulatory approvals. NATCO Pharma and Caplin Point Laboratories received observations from the US FDA after inspections. Mobile manufacturing stocks are expected to gain attention following a new government scheme.
Pre-market action: Here's the trade setup for today's session
Rising crude oil prices combined with ongoing tensions in the Middle East are influencing investor confidence negatively. Global markets are grappling with renewed inflation worries and high bond yields. If Nifty maintains its position above 24,284, it might indicate a rebound towards 24,400. Conversely, failing to surpass Thursday's peak points to a consolidation phase between 24,000 and 24,250.
Indian jewellers roll out cash-for-gold schemes ahead of festive season
As the festive season approaches, companies are optimistic about increasing demand despite previous purchasing hesitations due to elevated prices.
Centre flags semaglutide rules in India's weight-loss journey
Without domestic standards, Indian manufacturers have been relying on internal protocols or foreign manuals to manufacture weight-loss drugs, a market that CareEdge expects to cross $347 million in India sales by 2035.
Centre grants four-month relief to renewable projects hit by West Asia war
The provision will protect clean energy developers from the risk of penaltiesincluding encashment of bank guarantees, payment of daily extension fees, other financial compensation or reduction in contracted tariffsfor missing their project completion deadlines.
Artificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real-time controls will become essential building blocks for the financial system. AI will enhance personalized experiences and help identify fraudulent transactions effectively. Consumers will focus on payment outcomes rather than the underlying transaction rails. New guardrails will be necessary as machines increasingly interact autonomously.
Small-cap fund stress at 2-year low as liquidity improves
Small-cap winners shrink: Just 37% beat the index in an eight-year low
Cloud And AI Skilling For 1.5 Lakh Learners Launched
The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.
Derivatives market gets Gen Z twist, but losses cast a long shadow: Sebi
The country's equity derivatives market has taken on a notably younger profile, with traders under 30 making up 43 per cent of individual participants in FY26, a sharp rise from 31 per cent four years earlier, according to a study. However, the younger cohort also recorded a higher incidence of losses, the study by the Securities and Exchange Board of India (Sebi) revealed. Around 89 per cent of traders below 30 were loss-makers in FY26 compared to 81 per cent of participants above 60. The changing age profile is part of a wider transformation in the retail derivatives market, which has increasingly drawn investors outside India's largest cities and from relatively lower-income groups. About three-fourths of individual derivatives traders belonged to the annual income category of below Rs 5 lakh. This group accounted for 43 per cent of turnover, but 53 per cent of aggregate losses, the regulator said. Around 88 per cent of traders in this income category incurred losses, compared
When does agri land sale qualify for tax exemption?
Agricultural land is generally not a capital asset unless it falls within urban limits. If taxable as LTCG, Section 54F may allow a deduction for reinvestment in a house.
8th pay commission decisions are expected to benefit more than 1 crore beneficiaries. Here's how much fitment factor between 1.83, 2, 2.57 and 3.83 can hike salaries for central government employees and pensioners.
GX Group To Start Photonics Production In December
Broadband technology firm GX Group is set to commence manufacturing operations at its advanced photonics facility in India from December, investing Rs 500 crore. This initiative aims to strengthen domestic manufacturing, create skilled jobs, and reduce dependence on imported optical components crucial for high-speed data networks and AI data centres.
US, Indian markets look less attractive on free cash flow yield measure
S&P 500 and Nifty 50 offer free cash flow yields of 2.7 per cent each, compared with 5 per cent for Europe's Stoxx 600, according to market data
Income Tax Department explains how to choose between ITR-3 and ITR-4: Quick checklist for taxpayers
Confused between ITR-3 and ITR-4 for AY 2026-27? The Income Tax Department has shared a quick checklist to help taxpayers identify the right form based on their income, taxation method and other conditions. Heres what you need to know before filing by 31 August.
Gold, silver prices to rise on US inflation data, Fed signals
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
FPIs are back: Strong earnings, stable rupee and robust IPO market attract foreign capital
FPIs bought equities worth 20,200 crore, followed by another 23,544 crore of net purchases in August
South Indian stars struggle to convert popularity into national brand value
While South Indian stars wield strong regional influence, their brand valuations lag due to limited endorsements and social media presence. The market dynamics differ significantly from Bollywood, where a larger national reach aids in celebrity brand building.
Crude price, US-Iran conflict to dictate market trends
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
