29 C 
Welspun Corp among 4 stocks flashing bullish signals, indicating possible uptrend
On September 1, four Nifty500 stocks appeared on the White Marubozu bullish scanner, according to StockEdges technical scan data. The pattern reflects strong buying pressure, with the stock opening at or near its low and closing at or near its high.
Vardhman Textiles among 4 stocks showing bullish RSI upswing
On September 1, four Nifty500 stocks that gained over 3% 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.
Sumax Engineering shares to list today; 22% GMP signals strong debut
The Rs 53.40 crore IPO, which opened for subscription on August 25, 2026, received an overwhelming response from investors. The issue was subscribed 162.94 times overall, reflecting strong demand across investor categories.
Annu Projects IPO listing today: GMP signals caution ahead of market debut
The IPO opened for subscription on August 25 and closed on August 28, attracting an overall subscription of 2.93 times. Retail investors bid for 2.68 times the shares reserved for them, while the Qualified Institutional Buyers (QIB) category was subscribed 1.72 times. The Non-Institutional Investors (NII) segment recorded stronger demand, with subscription reaching 3.55 times.
Oil Price Today (September 2): Crude oil nears $97 as war tensions escalate. Will it hit $100 again?
The United States said it carried out a series of airstrikes against targets in Iran overnight, drawing a response from Tehran in what was described as the most serious escalation in the conflict between the two countries in weeks.
Welspun Corp, Perma-Pipe to invest Rs 1500 crore in Jordan pipe manufacturing JV
Welspun Corp and Perma-Pipe International Holdings are set to create a joint venture for pipe manufacturing in Jordan with an investment around 1500 crore. This collaboration is designed to tackle key water and energy projects in the Levant region, integrating advanced steel pipe production alongside cutting-edge anti-corrosion coating systems. The facilities will play a crucial role in supporting Jordan's National Water Carrier Project, contributing to the country's water security initiatives.
Positive Breakout: These 7 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.
Coforges strong order book and execution point to better margins and growth
Coforge shares have surged ahead, outperforming the IT index with remarkable strength. The company's performance during the June quarter highlighted significant momentum and improved margins, driven by consistent order activity and strategic growth initiatives. With analysts adjusting their expectations and lifting price targets, confidence in revenue growth remains high, bolstered by anticipated continued deal flow and execution capabilities.
Gold hits over two-week low, US jobs data in focus
On Wednesday, gold prices hit their lowest point in two weeks, driven down by rising Treasury yields and a stronger dollar that made the metal pricier for international customers. As investors look ahead to key U.S. jobs data for hints about interest rate trends, Federal Reserve officials have hinted at possible rate increases should inflation remain a concern. Meanwhile, movements in other precious metals were mixed during early trading.
Dollar holds firm as Middle East hostilities lift oil
The dollar rose significantly on Wednesday due to climbing oil prices prompted by renewed conflicts in the Middle East, which rattled global markets. In addition, increasing Treasury yields fueled expectations of a potential rate hike by the Federal Reserve. Although recent economic reports underperformed, the market's outlook shifted positively towards monetary tightening. The Japanese yen remained weak against the dollar, despite hopes for strategic intervention.
Oil up nearly 1% as US and Iran trade fresh strikes
Brent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures climbed 80 cents, or 0.89%, to $91.02. Both contracts soared more than $4 on Tuesday, marking Brent's largest gain since July 24 and WTI's largest since July 23.
Milky Mist Dairy Food shares surge 10% on strong Q1 growth
Milky Mist Dairy Food saw strong growth in its June quarter results. The company expects continued momentum through existing capacities and new products. Yogurt and ice cream categories showed significant year-on-year revenue increases. Geographic expansion outside South India is a key future growth driver. Milky Mist plans to focus on protein products and whey extraction.
Sensex today | Stock Market Live Updates: Stock to buy today: Garware Technical Fibres (837) BUY
Sensex, Nifty, Share Prices Live Updates: The short-term outlook is bullish for Garware Technical Fibres. The stock has been moving up well over the last few days. The price action since March indicates a bull channel
Global Market Today: Asian markets tumble as US-Iran fighting lifts oil and bond yields
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8% in early trading as South Korea's KOSPI dropped 3% on the open and Japan's Nikkei 225 sank 2.2%. S&P 500 e-mini futures were flat.
Global bond yields surge as debt and inflation risks mount
Global bond markets are experiencing a significant selloff as inflation concerns grow. Government debt levels are increasing, impacting consumers and businesses worldwide. Japan's 10-year yield reached three percent, its highest since 1996. Wars and increased deficit spending are contributing to higher oil prices and interest rates. This situation puts pressure on borrowing costs for both public and private sectors.
Rupee closes at near 2-month high of 94.95 to the dollar
On Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and central bank interventions via nationalized banks played a key role in this upward movement. Additionally, the robust Q1 GDP growth and Reserve Bank dollar sales contributed to its recovery.
D-St set for a negative opening as GIFT Nifty signals weak start
Despite facing some challenges, Indian benchmark indices closed just above twenty-four thousand. The weight of elevated crude oil prices and geopolitical uncertainties impacted market sentiment. Analysts foresee a trading range for Nifty between twenty-three thousand eight hundred and twenty-four thousand six hundred. On a positive note, both foreign portfolio investors and domestic institutions showed net buying activity on Tuesday.
Midcap Street party turns selective as 15 stocks power 50% of rally
Indian midcap and smallcap indices are near record highs currently. A few select stocks are driving most of these significant gains. This concentration indicates a selective rally rather than broad market health. Analysts suggest earnings growth and sector rotation are fueling this trend. Investors should focus on balance-sheet strength and selective stock picking.
NSE, BSE equity derivatives turnover hits multi-month low in August amid CAS volatility
August saw a significant dip in equity derivatives turnover on the NSE and BSE, reaching multi-month lows. Analysts connect this downturn to the recent implementation of the Closing Auction Session, which has changed the dynamics of trading near market close. Traders are opting to exit their positions sooner to avoid potential pitfalls. The regulator reassures that this session mechanism is now a permanent feature.
A special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also restrained the Essel Group founder from alienating any asset. This new bench stayed a smaller bench's earlier order which had approved the plan. Dissenting creditors had sought protection against the guarantor's asset alienation. The bench directed that the guarantor shall not alienate properties directly or indirectly.
JioHotstar debuts in UK, Canada, Singapore with a new slate
JioHotstar launches internationally in the UK, Canada, and Singapore, aiming to engage the South Asian diaspora and a global audience with a catalogue of new content. The platform offers a variety of shows, including live voting for Bigg Boss and access to multiple South Asian channels.
S&P Global weighs multibillion-dollar spinout of Capital IQ Pro: Report
S&P Global is considering spinning off Capital IQ Pro into a standalone company that could be valued in the high single-digit billions of dollars, Bloomberg reported. The move could unlock value from its financial data platform as demand for proprietary data grows with artificial intelligence and reshape S&P Global's portfolio under CEO Martina Cheung.
Canada Pension Plan Investments commits 2,070 Crore to NIIF Infrastructure Fund II
CPP Investments has committed around 2,070 crore ($215 million) to NIIF Infrastructure Fund II, strengthening its partnership with NIIF. The fund will invest in Indias infrastructure sector, focusing on long-term growth themes including urbanisation, digitalisation and the energy transition.
Banks seek CRR cut on green deposits to boost green lending in India
In a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimates show that these deposits fall short of the necessary critical mass. A decreased CRR could significantly cut funding expenses and unlock capital for loans, as India strives for substantial investments to fulfill its net-zero goals.
India is set to test tokenised corporate bonds with REC in September, using blockchain and wholesale CBDC for faster settlement. The pilot will initially be limited to select investors. The move could eventually improve transparency, access and liquidity.
Mahanadi Coalfields IPO: Coal India to sell 10% stake
The proposed offering comes as Indias primary market shows signs of revival after a sluggish start to the year.
Will Gen Z become the largest and wealthiest generation in history? A report by Nielsen (NIQ) and World Data Lab found the youth are poised to overtake Boomers' consumer spending by as early as 2029.
Life Insurance Corporation of India (LIC) CEO and MD R Doraiswamy announced two new policies-- Bima Platinum and Jeevan Raksha policies. While both are described as non-participating and non-linked plans, their structure and benefits are not the same. Check it out.
Credit card transactions increased 24.1% year-on-year to 601 million in July, but overall spending only rose 7.4%. The average transaction value fell 13.5% to 3,460, with consumers favouring smaller purchases through RuPay cards linked to UPI.
Does foreign citizenship affect inheritance rights in India? Are NRIs allowed to inherit agricultural land legally? Check out.
US Fed's Michael Barr warns central bank may need to raise rates if inflation stays high
Federal Reserve Governor Michael Barr indicated potential interest rate increases if inflation remains elevated. He stated that the central bank might act decisively to raise rates. Incoming data will guide the decision on further monetary policy tightening.
Symbiotech, Hy-Tech fly high on mkt debut; Skyways Air disappoints
IPO action stays strong as Symbiotec Pharmalab and Hy-Tech Engineers post solid debuts, while ESDS Software and Priority Jewels see triple-digit subscription demand
EPFO has released monthly pension in Kerala amid Onam celebrations. Here's how subscribers can check their deposit and EPF passbook using the Umang app, official portal, SMS, WhatsApp or missed call.
Who is a non-audit taxpayer and who isn't? Why they have different ITR deadlines for AY 2026-27
With the 31 August ITR filing deadline for non-audit taxpayers over, the focus now shifts to taxpayers subject to tax audit. The rules differ based on the nature of income and activity, with separate compliance requirements and a later filing deadline for audit cases.
Banks shifting microfinance strategy, prefer lending to entities over direct borrowers: Report
Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of microfinance loans as part of retail portfolios. Despite this trend, non-banking financial companies focused on microfinance (NBFC-MFIs) received considerable debt support from banks recently. However, the overall microfinance sector saw a decline in its borrower base, with higher loan amounts being distributed to a lesser number of borrowers.
ITR deadline: Companies and taxpayers whose accounts are required to be audited, the due date for FY26 / AY27 is 31 October. Here's a look at the penalty for missed deadline and date for belated returns.
Indian govt tightens sugar stock limit, cuts traders limit by half
Limit reduced to 200 tonne but Kolkata traders get exemption and can keep upto 400 tonne at any point in time
Ujjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of MD and CEO Sanjeev Nautiyal. Nautiyal stepped down from his position citing health grounds and requested early retirement. The Reserve Bank of India has approved Furtado's interim appointment for three months. The bank will now begin the process to find a permanent successor.
Struggling GoPro sells majority stake to optical maker Starman for $285 million
Starman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges. The acquisition will integrate Starman's optical transceivers into GoPro's product line. GoPro's consumer business will continue while tapping new markets. The transaction is expected to be finalized by the year's end.
US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concerns
U.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, while job openings rose slightly. Oil prices surged due to renewed Middle East conflict, reigniting inflation concerns globally. This led to a significant global bond selloff and increased Fed rate hike expectations. Yields on the 10-year and two-year notes hit multi-month highs.
Brigade Group opens PVR INOX Cinemas at Whitefield township; stock slips 2.2%
The multiplex spans roughly 42,000 sq. ft. across two floors and houses six auditoriums with a combined seating capacity of 949
US Treasury yields are rising Why does it matter?
Rising U.S. government bond yields are driving up borrowing costs across the board, directly affecting households, businesses, and government finances. Higher rates on mortgages and auto loans can dampen consumer spending and disrupt the housing market. Furthermore, companies will grapple with increased costs for new debt and projects, while global markets experience repercussions as U.S. Treasuries influence pricing worldwide.
Nifty Internet shines as new-age tech shrugs off market weakness
Nifty India Internet surges 8% in August as MSCI rejig and block deals lift new-age stocks, while IPO activity hits a yearly high
Market Trading Guide: Acme Solar, BEML among 4 stock recommendations for Wednesday
Indian markets stayed volatile but held above 24,000 as crude prices and geopolitical tensions weighed on sentiment. Analysts recommended KSB, City Union Bank, Acme Solar and BEML, citing bullish technical patterns, breakouts, improving momentum and key support levels.
SAT dismisses Omaxe appeal against SEBI order over financial statement irregularities
Tribunal upholds market ban and penalties imposed by SEBI on company, promoters and other entities
Spike in onion prices likely to persist as drought hits Karnataka cultivation
Onion farmers have planted the crop in 68,000 hectares against 90,000 hectares year-ago in Karnataka, due to water scarcity.
Merger with ITC Infotech to help in big deals: Happiest Minds CEO
Combined entity will bring together digital engineering, cybersecurity and AI capabilities with strengths in SAP, enterprise applications and Industry 4.0 offerings
Bank locker theft: Will you get your money back if jewellery goes missing?
The Reserve Bank of India regulates the functioning of locker facilities in India and has laid down a regulatory framework, in addition to the operational rules of individual banks.
US bond yields reflect 'flat to down' inflation expectations, stronger growth, Bessent says
During a finance leaders' gathering in Asheville, US Treasury Secretary Scott Bessent emphasized the significance of recent economic indicators. He pointed out that current bond yields indicate a stable or declining expectation of inflation, while also signaling a robust acceleration in the growth of the United States economy. Bessent's insights were shared alongside discussions from the Group of 20 meeting.
Coal India records 5.5% growth in coal supplies to 60.60 MT in Aug'26
Coal India (CIL) increased its total coal supplies to 60.60 million tonnes (MT) in August FY 2026-27, registering a 5.50% growth over the 57.40 MT supplied during the corresponding month last year.
Adani Energy Solutions achieves highest ESG-score in utility sector globally
Adani Energy Solutions (AESL) today said that it has achieved the distinction of being the highest ESG-scored company globally in the Utilities sector as assessed by S&P Global, following the completion of S&P Global's latest Media and Stakeholder Analysis (MSA) review.
Telge Projects acquires Wheaton Detailing Services Inc.
To strengthen its service capabilities in the U.S. structural engineering market
Oil up more than 2% as renewed US-Iran strikes stoke supply fears
Oil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interruptions from the vital Middle East region. In a concerning incident, two Saudi oil supertankers were targeted by projectiles in the Strait of Hormuz. Efforts are underway to negotiate a resolution to restore access to this crucial shipping route.
Indias economic growth fails to boost market performance amid rising crude prices
The BSE Sensex closed at 76,944.28, down 12.99 points or 0.02 per cent, while the Nifty 50 slipped 24 points or 0.10 per cent to 24,055.80, extending losses for a second session
US stocks today: Nasdaq crashes over 1% as bond selloff, oil rise fuel inflation anxiety
Wall Street stocks fell as rising oil prices intensified inflation fears and pushed U.S. bond yields higher. The S&P 500 dropped 0.7%, while the Dow Jones fell 0.6% and the Nasdaq slid 1.4%. A sell-off in U.S. government bonds added to pressure on equities.
Mahindra & Mahindra Aug auto sales jump 42% to 1.07 lakh units
Total sales include domestic sales of 1,01,594 units (up 40% YoY) and exports of 6,054 units (up 71% YoY).
Rays of Belief IPO fully subscribed on day 1
The IPO received bids for 36,99,168 shares against 31,37,810 shares on offer, as per the data
September 2026 has several key income tax deadlines, including TDS payments on 7 September, a TDS certificate deadline on 14 September, the second advance tax instalment on 15 September, and multiple audit report deadlines on 30 September.
Ujjivan Small Finance Bank CEO Sanjeev Nautiyal has resigned due to health reasons, effective immediately. He will retire formally on 30 November. Carol Furtado is appointed interim CEO. The bank said Nautiyals tenure had helped strengthen several areas of its operations.
The 8th pay commission has scheduled state visits to Chennai, Puducherry, Chandigarh, Bengaluru and Mumbai in September and October 2026. Here's the full list of dates and who can participate in the meetings.
Tata Elxsi, Sarla Aviation sign MoU to build Indias first indigenous eVTOL aircraft
The collaboration may also extend to sensor fusion-based navigation software, structural design and airworthiness test support
India bonds inch lower, joining global debt selloff
The Indian bond market saw a downturn, reflecting a broader global selloff in debt markets. Escalating geopolitical conflicts and soaring oil prices raised inflation fears in India, leading to intensified speculation regarding potential interest rate hikes by the Reserve Bank of India. Additionally, foreign investors experienced their first month of securities outflows in August. Yet, sufficient liquidity in the banking sector helped to stabilize bond demand.
Why Japan's 30-year high bond yields should worry Indian stock market investors
Japans 30-year high bond yields, hawkish US Federal Reserve policies, and rising crude oil prices are straining global liquidity. These factors exert pressure on Indian equities, challenging investor sentiment despite Indias resilient 7.8% GDP growth.
Kalpataru Projects arm incorporates Indian subsidiary to boost engineering operations
Linjemontage I Grstorp AB (LMG AB), a first-level step-down subsidiary of Kalpataru Projects, incorporates LM Operation Center India Private Limited on August 14, 2026
Form 1 is now live on the income tax e-filing portal for the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026. This one-time scheme allows eligible taxpayers to disclose foreign assets and income. Declarations can be filed until 31 December 2026.
Punjab transferred Sukhchain Singh Khera, key member of the state employees' protest, where over 150 employees' bodies and more than 3.50 lakh pensioners participated in one of the biggest mobilisations against the government.
Waaree Transpower pumps 192 crore into high-voltage transformer plant
The new plant is scheduled to become operational by April 2027; will allow Waaree Transpower to serve customers across 132 kV, 220 kV, and 400 kV voltage classes
ESDS Software IPO takes lead over Priority Jewels on final day
ESDS Software Solution IPO saw the QIB portion subscribed 258.87 times, while the NII portion was subscribed 191.52 times; the retail portion was subscribed 37.45 times.
Brokers Call: Medi Assist Healthcare Services (Buy)
InCred Equities
High-yield bonds pay more, but theres a catch: Who should invest and how much risk can you take?
High-yield bonds offer higher interest income but carry greater credit, default and liquidity risks than highly rated debt. Experts explain who should consider these bonds, what investors should check and how much exposure may be appropriate.
Sensex, Nifty, Share Prices Highlights: Indian shares edged lower on Tuesday as escalating Middle East tensions pushed oil prices and bond yields higher, while heavyweight banks reversed Monday's closing auction gains.
RBI intervention, dollar flows push rupee to two-month peak
The currency ended at 94.9500, up 0.2% from the previous close, notching its third consecutive daily rise.
NSE revises quantity freeze limits for index F&O contracts from Sep 1
Under the revised limits, the quantity freeze for Bank Nifty is 600, while Nifty and FinNifty have a limit of 1,800 each. Midcap Nifty has a limit of 2,800, Nifty Next 50 has a limit of 600 and NiftyFPI has a limit of 8,500.
PL Capital raises Nifty target to 27,123, warns El Nio, inflation may curb broad-based rally
The brokerage says the Nifty is currently trading at 17.3x one-year forward EPS, an 11.7% discount to its 15-year average P/E of 19.6x
Bank borrowings by the private corporate sector accelerated to 21.1% at end-June 2026
RBI has stated that Bank credit growth (y-o-y) accelerated to 16.5 per cent as at end-June 2026 from 9.9 per cent a year ago. Bank borrowings by the private corporate sector accelerated to 21.1 per cent at end-June 2026, marked up from 7.9 per cent in the previous year. The credit to public and household sectors also recorded robust growth of 14.6 per cent and 15.2 per cent, respectively, in June 2026.
Happiest Minds Technologies Ltd leads losers in 'A' group
Alok Industries Ltd, Indo Count Industries Ltd, EPL Ltd and Prudent Corporate Advisory Services Ltd are among the other losers in the BSE's 'A' group today, 01 September 2026.
Atal Realtech Ltd leads losers in 'B' group
Next Mediaworks Ltd, Shyam Telecom Ltd, Wonder Electricals Ltd and Usha Martin Education & Solutions Ltd are among the other losers in the BSE's 'B' group today, 01 September 2026.
Finfluencers are shaping investment choices. How can investors separate advice from noise?
Finfluencers increasingly shape Indian investment decisions, but few are Sebi-registered. Heres what investors should know about stock calls, sponsorships, credentials, red flags and recourse.
Bank unions announce strikes on September 11 over unresolved issues
The United Forum of Bank Unions (UFBU), representing over 90% of Indias banking workforce, has announced strikes on September 11 and September 28-30, followed by an indefinite strike from October 26 if its demands are not resolved.
Indian Bank plans to open 100 branches and hire 2,500 employees in FY2026-27, focusing on expanding its presence in central and western India. The lender also targets lower NPAs and expects its gold loan book to cross 1.5 lakh crore.
Global Market: European shares muted as bond yields surge on inflation concerns
European shares were largely flat on Tuesday as a sharp rise in government bond yields kept investors cautious amid renewed inflation concerns. The STOXX 600 edged up 0.04%, while energy stocks gained 1.4% as Brent crude traded near $92 a barrel.
ONGC, Oil India gain 2% in weak market as crude oil prices spike
WTI Crude Oil prices surged more than 3 per cent after the US forces struck Iranian rocket launchers near the Strait of Hormuz.
Nifty trades below 24,000 level; auto share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 296.22 points or 0.38% to 76,661.05. The Nifty 50 index lost 124.35 points or 0.52% to 23,956.05.
The NCDRC has ruled on a case involving an LIC policy assigned as security for a bank loan, holding that the insurer was not deficient in acting on the bank's surrender request. Here's what the order means for policyholders who use insurance policies as loan collateral.
SBI Gold among 5 equity mutual funds that deliver over 25% CAGR in 3 years; top 4 cross 35%
High-yield investments can hide a catch. Heres what income investors should know
Dividend stocks, Reits and InvITs can offer attractive payouts, but investors need to look beyond yield to cash flows, capital preservation, taxes and total returns.
Maruti Suzuki share price falls over 5% post tepid August export data
Domestic passenger vehicle sales rose 34.8 per cent Y-o-Y to 176,971 units. Exports, however, declined 7.4 per cent Y-o-Y to 33,844 units during the period under review.
