30 C 
Cipla slips after Qilu Pembrolizumab deal; Morgan Stanley flags crowded field
Cipla stock trades at 1,388, down 0.48% or 6.70 from its previous close of 1,394.70
ESDS Software Solution shares more than doubled from their IPO price shortly after listing, hitting the 20% upper circuit following a blockbuster debut. With the stocks sharp gains pushing valuations higher, analysts have outlined strategies for IPO allottees and investors who missed the issue, including profit-booking and entry levels.
HDFC Bank shares trade flat near days high
HDFC Bank had hit a 52-week low of 698.50 in September 2026.
Sterlite Technologies shares hit a 5% upper circuit after unveiling ambitious FY29 growth targets, including Rs 20,000 crore revenue and global top-five positioning. The company approved Rs 3,000 crore capex to expand capacity by 50%, supported by strong optical connectivity demand, AI infrastructure growth and a record order book.
Tata Chemicals says Kenya unit fully compliant, awaits ministry review; shares in red
Stock declines 2.5% in early trade
PhysicsWallah shares surged over 4% after Motilal Oswal initiated coverage with a Buy rating and a Rs 200 target price, implying about 66% upside. The brokerage highlighted the companys capital-efficient model, strong online presence and scalable offline network, while projecting revenue and EBITDA growth through FY28 and flagging competition, execution and AI-related risks.
ESDS Software Solution and Priority Jewels shares list at strong premiums, hit upper circuits
ESDS Software shares list at 76% premium on NSE; Priority Jewels at 15% premium
US Treasury yields are rising partly on expectations that R-star, the economys neutral interest rate, may be structurally higher. Heavy government borrowing and AI investment are boosting capital demand, potentially keeping rates elevated longer. A higher R-star could limit Federal Reserve rate cuts, pressure Treasury prices and increase borrowing costs across the economy.
Ceigall India shares gain 4% after securing LoI for Rs 5,300 crore power transmission project
Ceigall India shares rose nearly 4% after the company received a Letter of Intent from REC Power Development and Consultancy for a Rs 5,300 crore power transmission project in Gujarat. The project includes a 765/400 kV AIS substation and around 300 km of transmission lines, with 36 months of execution followed by a 35-year operational period and annual transmission charges of Rs 608.67 crore.
BSE, Groww, Angel One shares rally up to 8% after Sebis CAS circular. What did the regulator say?
Sebi plans to review the methodology for setting derivative settlement prices on expiry after market participants raised concerns over the new Closing Auction Session (CAS). The regulator will issue a consultation paper next week.
Global Market: Four US firms commit $2 billion investment in South Korea
Four U.S. companies have committed $2 billion in South Korea across semiconductors, advanced materials and renewable energy. Investments include semiconductor gases, chip equipment, advanced glass and a 3.2-GW offshore wind project. The commitments strengthen South Koreas efforts to attract foreign investment and deepen economic cooperation with the United States.
Shares of Polycab and KEI Industries fell sharply after UltraTech Cement launched its 1,800 crore wires and cables business, Ultravolt. Brokerages warned that the Aditya Birla Groups aggressive entry could trigger near-term de-rating across the cables and wires sector, although Nuvama retained Polycab and KEI as its top picks.
Global Market: South Korean shares rise on chip gains, KOSPI set for third weekly loss
South Korean shares rose 0.85% on Friday, led by gains in heavyweight chipmakers Samsung Electronics and SK Hynix, although the KOSPI remained on track for its third consecutive weekly decline amid elevated bond yields.
Gland Pharma shares fell 3% after 1.22 crore shares changed hands in two block deals worth nearly Rs 5,818 crore. Reports suggested promoter Fosun Pharma Industrial was looking to sell a 5% stake in the company. Fosun held a 51.77% stake as of June 30, 2026, according to BSE data, making it the likely seller
Sensex climbs 500 points, but Nifty gains marginally. What lies ahead?
The Indian stock market opened with a sharp divergence on Friday. The Sensex rose around 0.7% while the Nifty posted only marginal gains. Broader markets also opened in the green, with Nifty Midcap 100 recording slight gains. Bajaj Finserv shares led gains on Sensex, rising around two percent. The overall market breadth was positive, showing more advances than declines.
Paluck Technologies, Complete Sports and Management India are set to debut on the BSE SME platform today, showing sharply contrasting grey market signals.
REC set to debut tokenised corporate bond sale next week: Bankers
India will launch tokenized corporate bonds next week using blockchain technology. State-run REC aims to raise five billion rupees through these innovative debt instruments. This marks India's first debt issue with instant settlement capabilities on a blockchain. The Reserve Bank of India's digital currency will facilitate these bond transactions. Only investors with active digital wallets can participate in this upcoming sale.
HAL shares in focus as GE Aerospace delivers 3 more F404 engines for Tejas Mk1A in August
HAL shares will remain in focus after GE Aerospace delivered three F404-IN20 engines in August for the LCA Tejas programme. The deliveries follow prolonged supply delays as HAL works to meet IAF orders for 180 LCA Mk1A fighters. The upgraded aircraft features advanced radar, electronic warfare and refuelling capabilities. HAL shares have gained over 8% in 2026.
Eligible salaried individuals who missed EPF coverage between April 2009 and March 2026 can enroll in the EPFO's Employees Enrolment Campaign until October 2026. Check whether you are eligible and how to enrol.
SBI ATM rules, effective 1 October 2026, will reduce the number of free other-bank ATM transactions available to salary package account holders to five per month. Here are more details on the revised charges.
Best mid cap mutual funds to invest in September 2026
Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, the mid cap mutual funds are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. Thats what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely.
Will 2026 be India's biggest IPO year? Slow H1 may not stop record Rs 2 lakh crore haul
India's IPO market is expected to surpass last year's record fundraising. A strong second-half revival and potential mega issues will drive this growth. Jio Platforms and NSE IPOs could significantly boost total fundraising figures. Improved listing performance and investor demand are supporting the primary market. The market's deepening reflects structural growth rather than a short-term cycle.
Tata Chemicals shares fall 3% after Kenya orders end to operations. Heres why
Tata Chemicals reported a consolidated net loss of Rs 17 crore in the June 2026 quarter, compared with a profit of Rs 252 crore a year earlier. Revenue rose 14.4% to Rs 4,255 crore, supported by higher volumes, but EBITDA fell 14.5% amid weaker overseas realisations. Shares have declined 15% in 2026 and over 30% in the past year.
Reliance shares are down 17% despite soaring refining margins. What the market is missing
Despite strong refining and petrochemical margins, Reliance shares have experienced a dip as the market focuses on long-term growth potential. Investors are keenly anticipating signs of recovery in Reliance Retail and progress in New Energy initiatives. A significant concern remains the company's capability to generate free cash flow, with analysts indicating that the stock's valuation is closely tied to its future business performance.
Rays of Belief IPO allotment likely today: GMP signals 5% listing gain. Heres how to check status
Rays of Belief IPO allotment is expected to be finalised today, September 4, after the Rs 125 crore issue was subscribed 107.71 times. The company is set to list on both BSE and NSE on September 8.
Stock Alert: IEX, Power Grid, RVNL, Cipla
Shares of Inox Wind, Kaynes Technology India, LIC Housing Finance and SAIL are banned from F&O trading on 4 September 2026.
Union Minister Piyush Goyal hails MSMEs for driving India's 7.8% GDP growth in Q1
Union Commerce and Industry Minister Piyush Goyal lauded the small and medium enterprises industry for playing a pivotal role in achieving 7.8 percent growth in Indias GDP in the first quarter of the current fiscal. Mr Goyal expressed confidence that with the series of FTAs that India has been signing for months, will pave a steadfast pathway in becoming a major exporter with a market share of two third of the international economy. The Minister also called for strengthening the relationship between the government and the Association of Export Promotion Councils.
Technocraft Ventures consolidated net profit rises 14.45% in the June 2026 quarter
Sales rise 2.24% to Rs 92.70 crore
Mahanadi Coalfields consolidated net profit declines 2.04% in the June 2026 quarter
Sales rise 6.43% to Rs 8033.77 crore
SEBI to review derivative settlement price methodology after CAS rollout
SEBI had introduced CAS with effect from 3 August 2026 for determining the closing price of securities. Before CAS, the closing price of eligible stocks was determined using the volume-weighted average price (VWAP) of trades executed during the last 30 minutes of continuous trading. Under the new mechanism, the closing price is determined through a dedicated auction session, designed to aggregate buy and sell interest and improve price discovery.
With the Nifty trading at around 20.5 times earnings nearly 12% below its 10-year average Gupta argues that the broader market is not expensive, especially at a time when corporate earnings are accelerating and upgrades are outpacing downgrades.
Finolex Cables among 4 stocks flashing bullish signals, hinting at a possible uptrend
Four Nifty500 stocks showed strong bullish momentum on September 3, forming White Marubozu candlestick patterns that indicated sustained buying pressure and buyers maintaining control throughout the trading session.
Deepa Jewellers IPO allotment likely today: GMP signals 11% listing gain. Heres how to check status
The Deepa Jewellers IPO is likely to finalise its allotment today after receiving an overwhelming 42.61 times subscription. With a current GMP of around 11%, investors are awaiting the allotment status ahead of the companys September 8 listing on the BSE and NSE.
Gland Pharma shares fell after a significant block deal involving Fosun Pharma Industrial. The company's VSEZ facility received zero USFDA observations after a recent inspection. Gland Pharma reported strong Q1FY27 results with increased profit and revenue. Its CDMO and B2B businesses showed substantial year-on-year growth. The pharma stock has gained significantly year-to-date.
Qualiance International SME IPO opens today: GMP signals 43% listing gain Check key details
Qualiance Internationals Rs 45.11-crore SME IPO opens September 4, with a 43% grey-market premium indicating strong listing expectations. The issue will fund a new Tiruppur manufacturing facility. FY26 revenue rose 47% and profit surged 142%, highlighting strong financial growth. Shares are expected to debut on the NSE SME platform on September 11.
Anant Raj among 4 stocks showing bullish RSI upswing
On September 3, four Nifty500 stocks that gained over 5% 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.
Hot Stocks: 3 stocks that may give returns between 19-34%
Brokerages have recently begun coverage on Adani Ports, Welspun Corp, and Wakefit Innovations, all receiving buy ratings. Analysts project price targets indicating potential gains ranging from nineteen to thirty-four percent. Adani Power is anticipated to excel due to India's forthcoming thermal capacity expansions, while Welspun Corp stands to gain from increased investments in oil and gas infrastructure.
Rupee's inflow-linked, RBI-backed optimism faces oil test
Seen opening at 94.55-94.60; weekly gain of 1 percentage point faces Brent above $96
Infosys Share Price Live Updates: Infosys Daily Performance Snapshot
Rentomojo fixes price band for Rs 1,256 crore issue opening on September 9
Rentomojo has fixed its IPO price band at Rs 384-404 per share for its Rs 1,255.57 crore public issue, which will open on September 9 and close on September 11. The IPO comprises a Rs 150 crore fresh issue and an OFS worth Rs 1,105.57 crore, with the companys FY26 P/E valuation of up to 40 times likely to be a key factor for investors.
Asian Paints Share Price Live Updates: Asian Paints Price and Returns Overview
ICICI Bank Share Price Live Updates: ICICI Bank's Market Performance
Tech Mahindra Share Price Live Updates: Tech Mahindra Stock Details
Wipro Share Price Live Updates: Wipro's Recent Price Action
Coal India Share Price Live Updates: Coal India Current Market Performance
M&M Share Price Live Updates: M&M's Current Market Performance
TCS Share Price Live Updates: TCS Breaks Above 20-Day SMA, Signaling Positive Momentum
Asian shares climb as Fed rate hike fears ease ahead of US jobs data
Asian shares rose as investors awaited key US jobs data, while the yen rallied 2.6% this week after Fed Governor Christopher Waller eased fears of a rate hike
Diamond Power Infra bags Rs 76-cr order for supply of underground power cables
Diamond Power Infrastructure has received an order worth Rs 76.06 crore from a domestic private-sector EPC contractor engaged in power transmission projects.
Stocks to watch: UltraTech, Cipla, Sterlite, Tata Power, OMCs & more
Aditya Birla Group forayed into the wires and cables market with an investment of 1,800 crore. The new business will operate through its cement arm UltraTech Cement, under the Ultravolt brand.
HUL Share Price Live Updates: HUL Sets New 52-Week Low
HCL Tech Share Price Live Updates: HCL Tech Surges Past 20-Day SMA
Priority Jewels shares to list today; GMP indicates potential 14% listing gains
The IPO opened for subscription on August 28 and closed on September 1. The retail portion was subscribed 106.76 times, while non-institutional investors (NIIs) subscribed 166.49 times and qualified institutional buyers (QIBs) subscribed 39.87 times.
ESDS Software Solution shares to list today: GMP signals 56% listing gains
The IPO, which was open for subscription from August 28 to September 1, received an overwhelming response across investor categories. Overall, the issue was subscribed 135.88 times. Retail investors subscribed 39.64 times their allotted portion, while Non-Institutional Investors (NIIs) bid for 192.94 times the shares reserved for them. Demand was strongest among Qualified Institutional Buyers (QIBs), with their portion subscribed 261.51 times.
Stock Market LIVE: GIFT Nifty signals positive open; cooling US Fed rate-hike bets lift Asia mkts
Sensex Today | Stock Market LIVE Updates Friday: The GIFT Nifty indicated that the Nifty50 would open on a positive note. Most Asian markets gained as concerns about rate hikes diminished
Nifty, Sensex to open positive note amid positive global cues
Double Dhamaka: CAS review, Fed dovish stand to boost market sentiment
A Mumbai taxpayer's 12.62 lakh LTCG exemption claim was denied due to suspected price manipulation. However, the ITAT ruled in the taxpayer's favour. Here's why.
Oil heads for steepest weekly gain since mid-July on US-Iran tensions
Brent up 7.1% this week at $95.67; Iraq exports rebound as Hormuz risks persist
The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes between the two countries since July. The conflict, which began with US-Israeli strikes at the end of February, has now entered its seventh month.
Yen headed for strongest week in a month, dollar flat ahead of payroll data
This week, the Japanese yen appreciated considerably against the US dollar, as traders are anticipating a potential interest rate hike from the Bank of Japan. Meanwhile, the broader currency markets are gearing up for important US payroll data releases. Federal Reserve officials suggested that if inflation eases, there may be a halt in rate increases. Additionally, ongoing geopolitical tensions in the Gulf are impacting both oil prices and market sentiment.
Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensions
Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have heightened fears regarding regional stability, resulting in violent confrontations. Concurrently, Russian President Putin is advocating for a peaceful resolution in Ukraine. Meanwhile, Iran is actively adding to its inventory of non-compliant vessels in the strategically crucial Strait of Hormuz.
Midcap, small cap outperform large caps on margins amid rising input costs
Large-cap firms saw operating margins contract significantly year-on-year. Mid- and small-cap companies experienced lesser margin contractions amid rising costs. These smaller firms also achieved higher revenue and net profit growth rates. Large-cap companies reported modest net profit growth, the slowest in seven quarters. Overall, aggregate operating margins for India Inc. declined.
Gold steady before US payrolls data, heads for small weekly gain
Gold prices exhibited stability on Friday, as key US employment figures were expected to provide clarity on forthcoming Federal Reserve interest rate actions. Market speculation suggests a fifty percent chance of a rate adjustment soon. Concurrently, silver, platinum, and palladium faced minor dips, while the European Central Bank is gearing up for another rate hike shortly.
Gold jumps 2% as Fed Governor's comments temper rate hike bets
Spot bullion at $4,488.54; traders cut odds of a Sept 15-16 Fed increase to 54%
Rupee gains 0.5%, closes at 10-week high on strong inflows
The Indian rupee strengthened significantly on Thursday, reaching a ten-week closing high. This gain was driven by substantial inflows of $136 billion into Indian markets. The currency closed at 94.4850 against the US dollar, marking its sharpest daily rise. Experts suggest the rupee could further strengthen, potentially reaching 93.80. These overseas inflows are expected to boost foreign reserves past $750 billion soon.
IEX logs record August volumes; HEG renamed as scheme takes effect
Govt stalls Alipay+ tie-up over data security concerns
Alipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use of customer data. This proposal was the first from a China-linked entity in the financial sector. India and China are working to maintain peace at the border. Chinese President Xi Jinping's visit is expected to stabilize bilateral relations.
Sensex today | Stock Market Live: Stock to buy today: Kirloskar Oil Engines(2,267.40)
Sensex, Nifty, Share Prices LIVE: The stock of Kirloskar Oil Engines, which has been in a long-term uptrend, witnessed a price correction recently
Sebi plans net settlement for mutual fund trades in cash market
Sebi proposed allowing net fund settlement for mutual fund cash market trades. This move aims to ease temporary liquidity pressures and improve settlement efficiency. Mutual funds can now net purchase and sale funds within the same settlement cycle. Securities settlement will continue on a gross, delivery basis under the new proposal. This change addresses market participant feedback regarding liquidity and operational inefficiencies.
Sebi set to review derivative settlement prices amid concerns over CAS
Sebi will review derivative settlement price methods. This follows market participant feedback after the new closing auction session. The regulator introduced the closing auction session in the equity cash segment. This session determines the closing price of securities for derivatives. A consultation paper on proposed changes will be issued soon.
Global Market Today: Asian stocks rise as Fed rate-hike bets ease
MSCI
FPIs pump Rs 13,010 crore into Indian equities in second half of August
Overseas investors continued buying Indian equities for five straight fortnights. They invested over thirteen thousand crore rupees in the latter half of August. Consumer services, financials, and healthcare sectors received significant foreign portfolio inflows. Capital goods also saw renewed investor interest after previous outflows. Oil, gas, and consumable fuels experienced the largest foreign investment outflows.
Accel-backed Rentomojo sets 384-404 price band for IPO
The Bengaluru-based platform plans to raise funds through fresh shares and an offer for sale by existing investors and its founder.
Why the humble 4G smartphone has refused to die
Higher memory chip costs have made even entry-level 5G smartphones more expensive, paving the way for 4G smartphones to return to the market.
Costly devices, spectrum hurdles may hamper Indias emergency response plan
The home ministry and the department of telecommunications have asked device and equipment manufacturers and technology providers to keep handset prices realistic.
Jio sets eyes on Navratri-Diwali period to launch mega $4 billion IPO
Jio is likely to finalise the exact dates within a couple of weeks after which it would initiate roadshows overseas before holding them at home, said a source close to the development.
Stocks in news: HDFC Bank, M&M, Gland Pharma, CreditAccess Grameen and Bharat Forge
Indian benchmark indices extended their losing streak for a fourth consecutive session on Thursday. Nifty 50 fell 0.17% and Sensex declined 0.55% amid market pressures. HDFC Bank raised nearly $12 billion through Foreign Currency Non-Resident deposits. Mahindra & Mahindra expects truck business integration by January and electric bus launch by April. Fosun Pharma is likely to divest a 5% stake in Gland Pharma through a block deal.
SC clears NSE settlement, paving way for mega IPO
In a pivotal decision, the Supreme Court has validated the National Stock Exchanges settlement concerning the co-location and dark fibre matters. This marks a crucial step forward as the exchange readies for its initial public offering, expected to attract nearly thirty-one thousand crore rupees. Once completed, this IPO could become the second-largest in the nation, following the regulatory bodys acceptance of the significant settlement payment.
Centre sees no cost pain for RBI on dollar deluge
The Reserve Bank of India anticipates minimal costs from significant forex inflows. High interest rates on US treasuries are expected to offset hedging expenses. These record inflows will also reduce currency intervention costs for the central bank. Economists suggest hedging costs could reach thirty-six thousand crore rupees. The RBI's balance sheet growth may impact future surplus transfers to the government.
US stocks today: US stocks jump as Waller comments ease rate hike fears
US stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The S&P 500, Nasdaq and Dow Jones all gained, while Nvidia and software stocks rose. Broadcom fell after its revenue forecast failed to meet high AI expectations.
SEBIs new rules from 7 September will change base prices, price bands, pre-open auctions, and close-out procedures for ETFs. Heres what the changes mean for investors, including how they may affect ETF trading, price discovery, and the way investors should trade.
Banks offer semi-fixed loans to deploy surplus liquidity
Banks are deploying surplus liquidity through new mortgage products. HSBC and Kotak Mahindra Bank lead with semi-fixed home loan options. These products offer fixed rates for a period before switching. This strategy aims to protect lending margins amid interest rate uncertainty. Surplus funds are also being considered for government securities.
LCR reset creates 2.1 Lakh-crore lending headroom for PSU Banks
Public sector banks gained significant lending headroom after liquidity requirement relaxation. This allows them to sustain credit growth while deposit mobilisation remains relatively weak. Excess investment buffers could support incremental loan growth on their substantial loan books. Banks can now free up funds tied up in government bonds for lending. This improvement is visible at some of the largest state-owned lenders.
Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets
Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.
1 Crore by 45: How much should you invest in SIPs at age 25 or 35?
Systematic Investment Plans (SIPs) in mutual funds are among the popular routes for creating long-term wealth. Through an SIP, investors put a fixed amount into a mutual fund at regular intervals, generally every month
Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higher
Fed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate higher, potentially keeping borrowing costs elevated. He also warned that the US cannot simply grow its way out of its $40 trillion debt burden without bringing structural deficits closer to zero.
India RBI faces about $11 billion bill on foreign deposits plan
India tapped its vast diaspora for a record $127 billion through a special deposit program, a fundraising bonanza that economists say could come with a hefty $10.6 billion bill for the countrys central bank.
Indias top five banks by market capitalisation delivered sharply different returns over the past year. While HDFC Bank fell 26%, SBI gained 26%, with Axis Bank rising 20%. The story looks different when viewed through mutual fund portfolios.
US 30-year mortgage rate hits highest level in more than a year
US 30-year mortgage rates have climbed to their highest level in more than a year, adding to affordability pressures for homebuyers. The rise comes as Treasury yields remain elevated amid inflation concerns, government borrowing needs and Middle East tensions, while Fed Governor Christopher J. Waller signals a possible pause on rate hikes.
