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Gold steadies as traders await US jobs data, monitor Mideast tensions
Gold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This economic data is expected to shape the market's forecast regarding Federal Reserve policy moves. With a 65% likelihood of a rate increase in September, market eyes are keen.
Fresh rupee deposit rates experience a notable drop this July
Fresh rupee term deposit rates saw a slight decrease in July. Outstanding rupee deposit rates, however, remained stable during the same period. Lending rates on outstanding rupee loans also showed little change in July. The one-year average marginal cost of funds-based lending rate increased in August. This rise was primarily driven by foreign banks' higher average MCLR.
Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles
The yen stabilized near 160 against the dollar on Tuesday. US Treasury Secretary Scott Bessent urged the Bank of Japan to raise rates. Currency markets watched renewed Middle East conflict and rising oil prices. Traders anticipate a potential Federal Reserve rate hike in September. Investor attention focuses on upcoming economic data this week.
Oil prices rise as latest fighting resurrects Middle East supply disruption risks
On Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude futures and West Texas Intermediate crude experienced notable gains. Tensions escalated following the recent direct confrontations between the U.S. and Iran, compounded by shipping data indicating a reduction in vessels navigating the Strait of Hormuz. Notably, a tanker reported being struck by projectiles while passing through the area.
Metals emerge as 2026s top sectoral bet, IT, FMCG struggle
The metals sector has achieved a double-digit return this year, outperforming other indices. Realty stocks have seen a significant turnaround, gaining nearly four percent after last year's decline. Telecom, Capital Goods, and Healthcare also emerged as strong performers with substantial gains. IT and FMCG stocks have been the major laggards, facing earnings growth concerns. Favorable pricing and demand support the metals sector's positive outlook.
Oil extends advance as US-Iran escalation revives Hormuz risks
Several current and former US and Iranian officials have said they expect the conflict to drag on for months
RBI's net short forward positions hit record $137 billion in July
The Reserve Bank of India's net short forward positions soared to a record high of $137 billion in July, driven by long-term swaps related to forex inflow strategies. The most notable rise occurred in short positions exceeding one year, climbing to $91 billion. The central bank's intervention tactics cover spot, NDF, and forward markets as Indias foreign exchange reserves reached an impressive $729.33 billion.
Sensex today | Stock Market Live Updates: Stock to buy today: Engineers India (262) BUY
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Engineers India. The stock began the week on a positive note and was over 3 per cent on Monday. Immediate resistance is at 265
MSCI rejig disrupts arbitrage playbook, fuels late-session volatility
MSCI index rebalancing on Monday saw sharp stock swings in the final minutes. Global funds adjusted holdings, impacting several stocks significantly during the new Closing Auction System. The Closing Auction Session accounted for a substantial portion of the day's total cash market turnover. Some large-cap stocks experienced unexpected declines without clear fundamental reasons. Traders and investors are now adapting to the new dynamics introduced by the auction system.
Global Market Today: Asian bonds fall as geopolitical risks lift oil, yields
Brent crude extended gains in early Asian trading to over $91 a barrel after renewed fighting in the Middle East. The US and Iran exchanged strikes for the first time in about a month as American forces hit an island in the Strait of Hormuz and the Islamic Republic responded by launching attacks on the United Arab Emirates and Jordan.
FPIs stay open to IPO bets despite equity exodus
Foreign investors have shown a strong preference for India's primary market, channeling $4.9 billion into initial public offerings, which sharply contrasts with the $28.9 billion outflow from the secondary market. The momentum in primary market inflows picked up after July, highlighted by substantial contributions to major IPOs. Alongside this, domestic fundraising from a plethora of new offerings has also risen.
Rupee jumps to 4-week high, ends at 95.16 to the dollar
The Indian rupee appreciated by twenty-one paise against the dollar on Monday, surprising traders with the sudden influx related to equity index movements. An early intervention by the Reserve Bank of India solidified the rupee's stronger position. Anticipated changes in MSCI rebalancing alongside raised stock weights are set to attract further capital inflows. Banks intensified their efforts to gather FCNR(B) deposits, reinforcing the RBI's stability.
Mahanagar Gas hikes CNG price by 2, PNG by 1
Higher international gas costs have prompted Mahanagar Gas to revise prices, affecting millions of consumers and CNG vehicles across several States
HDFC Bank CEO search faces a race against the RBI clock
RBI has taken anywhere from a little over a month to 14 months to approve the appointment of chief executives of private banks.
IPO rush: India Inc to seek up to Rs 25,000 crore more in Sept
India's primary market anticipates a strong September with IPOs worth twenty to twenty-five thousand crore. Nearly twenty-five companies are preparing to launch offerings before their approvals expire. This surge reflects improved issuer sentiment after a cautious first half of the year. Companies are capitalizing on better market conditions and recent successful listings. This activity aims to complete fundraising plans before regulatory approvals lapse.
Mid- & small caps do well in Sept, and it looks no different this time
September historically favors mid- and small-cap stocks over large-caps. Analysts anticipate this trend continuing, expecting limited upside for the Nifty. Heavyweight sectors show recent weakness, and foreign investor selling has resumed. Domestic fund flows remain concentrated in mid- and small-cap stocks. Market action is expected to remain stock-specific until fresh triggers emerge.
D-Street braces for weak opening on negative GIFT Nifty cues
Nifty declined on Monday as crude prices and geopolitical worries impacted market sentiment. Foreign investors sold shares while domestic institutions bought them on the same day. The Indian rupee reached a four-week high against the US dollar. Investors will closely monitor upcoming economic data releases this week. Market analysts suggest a cautious approach due to ongoing global tensions.
In an exclusive interview with ET, Zee founder Subhash Chandra rejects criticism over his personal insolvency settlement, saying the 22,000-crore figure includes guarantees beyond Indian banks 5,311-crore claims. He says borrowing entities will repay lenders, denies personally owning assets, defends the insolvency process and explains how family funds supported Zees revival efforts.
HSBC joins PEs in race for Nuvama Wealth
Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the business after a years gap. Non-binding bids also in from 6 funds for 54% worth $1.8 billion. Two more strategics expected to join.
Rajesh Exports repays 510 crore dues to Canara Bank after DRT order
Canara Bank recovered all dues totaling 510 crore from Rajesh Exports. This recovery followed an order by a debt recovery tribunal. The bank initiated this action after the company blocked other recovery attempts. Rajesh Exports faced allegations of financial misrepresentation from SEBI. The bank was the largest creditor for the gold and jewellery exporter.
US stocks close lower as oil prices jump, indexes notch monthly gains
US stocks declined on Monday as oil prices surged. This jump revived inflation concerns and increased monetary policy tightening expectations. Investors processed hawkish comments from Federal Reserve Chair Kevin Warsh. Despite the day's losses, major indexes posted monthly gains for August. Financial markets anticipate a potential rate hike at September's meeting.
US SEC chairman moves to give states power over shareholder resolutions
The U.S. Securities and Exchange Commission is considering rule changes for shareholder proposals. This shift could reduce investor activist influence and grant new powers to states. Regulations on shareholder proposals may become non-uniform across different states. Investors might face higher share ownership requirements to file resolutions. This change could lead to more votes against corporate board members.
New trade rules raise compliance worries for banks over cross-border payments
As of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the validity of service contracts and foreign entities involved. Furthermore, banks will also be tasked with tracking export revenues and handling overdue export bills, creating a challenging landscape in service imports and exports aimed at curbing money laundering and suspicious trading practices.
JP Morgan traders back down bullishness on US stocks after Fed chair Warsh's Jackson Hole speech
JPMorgan Chase traders are now tactically cautious on US stocks for upcoming weeks. This shift follows Federal Reserve Chairman Kevin Warsh's hawkish comments on interest rates. Traders cite uncertainty over rate outlook and potential AI stock unwinding as key risks. Despite near-term caution, the broader market backdrop is expected to remain supportive. Economic data and corporate earnings will influence market direction in the coming period.
US 10-year Treasury yield tops 19-month high as oil prices fuel rate-hike bets
US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate increase. Short-term yields surged after Fed Chairman Kevin Warsh signaled potential action to control inflation. Investors are now closely watching employment and consumer price data for policy clues. Upcoming corporate bond supply also adds pressure to longer-term Treasury yields.
Small- and mid-cap stocks have delivered much faster earnings growth than large caps over the long term. But a closer look at margins, recent performance and the impact of a few extreme performers reveals why investors should look beyond headline profit growth.
From borrowing $4,000 to becoming a billionaire: Two investing lessons from Ray Dalio
Billionaire Ray Dalio's financial setback in the early 1980s changed his approach to investing. After a major miscalculation left him broke, he learned two key lessons: question your own certainty and embrace diversification to manage risk.
People aged above 40 account for 76 pc of individual deposits in banks: RBI data
Individuals over forty hold most bank deposits, while younger workers contribute less. Term deposits grew significantly, outpacing savings and current accounts. Large deposits of one crore and above formed a substantial portion. Bank credit growth accelerated, driven by corporate sector loans. Interest rates on loans below nine percent increased notably.
Longer-dated US Treasury yields climb as Iran and US restart military attacks
Treasury yields increased as U.S. and Iran hostilities escalated. Crude oil prices surged, fueling inflation worries and complicating Fed outlook. Investors now anticipate a potential September interest rate hike by the Federal Reserve. Federal Reserve Chair Kevin Warsh's comments also influenced market expectations. The bond market reacted to these signals, reflecting economic uncertainty.
HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?
HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several internal and external candidates are being considered for the top position. The new leader will focus on restoring investor confidence and driving growth. This succession occurs as the bank navigates a crucial leadership transition.
Factor investing strategies delivered sharply different returns over the past year. High Beta emerged as the strongest performer, while Value also outpaced the broader market. Heres how all five strategies compared with the Nifty 500.
NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment plan
A new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two thousand crore rupees. A previous division bench failed to reach a majority verdict on the plan. Dissenting lenders have approached the insolvency appellate tribunal regarding the matter. The bench will commence hearings on Tuesday morning.
Sebi bars Tarapur Transformers, promoters from markets for 5 years in fund diversion case
Sebi barred nine entities, including Tarapur Transformers and its promoters, from securities markets for up to five years. The regulator found fund diversion through interest-free loans and fictitious transactions in company books. Rajendra Kumar Choudhary, a promoter, received a five-year ban and a Rs 30 lakh fine. Other entities faced three-year market bans for their involvement in these fraudulent activities.
Bank credit to industry rises 20 percent in July: RBI data
Bank credit to industry grew by twenty percent in July, while agriculture advances expanded faster. Non-food bank credit saw nineteen point one percent growth year-on-year. Large and medium industries experienced accelerated credit growth, and micro and small industries showed steady expansion. Services sector credit grew by twenty-two point nine percent, supported by financial companies and trade.
Blackstones Knowledge Realty Trust OFS subscribed 1.4 times on Day 1
Blackstone's offer for Knowledge Realty Trust units saw strong demand from non-retail investors. The offer for sale is valued at Rs 11,988 crore, the largest in India's private sector. Knowledge Realty Trust, backed by Blackstone and Sattva Group, debuted in August 2025. The REIT focuses on commercial real estate with 29 assets across six cities. India's REIT market has expanded rapidly, attracting significant investor interest.
Aadhaar DOB update: Can you change your date of birth more than once? UIDAI rules explained
UIDAI has clarified that Aadhaar holders can request DoB updates more than once, but subsequent changes face stricter rules. The process depends on the existing DoB status, documents submitted earlier and the circumstances behind the correction.
GRT Jewellers to buy controlling stake in TBZ for up to Rs 1,034 crore
GRT Jewellers will acquire a 74.12% controlling stake in TBZ for up to Rs 1,033.71 crore, expanding its store network and national footprint. The deal combines two longstanding jewellery brands, subject to regulatory approvals and a mandatory open offer.
NCDEX launches Chennai rainfall futures to hedge monsoon risks
NCDEX launched RAINCHNNAI, a rainfall-based weather futures contract, enabling participants to hedge Northeast Monsoon risks. Covering September-December, the cash-settled contract uses IMD rainfall data and complements RAINMUMBAI, expanding exchange-traded tools for managing weather-linked financial exposure.
Subhash Chandra's insolvency case: The National Company Law Tribunal has not issued a final order in the Rs 22,000 case. A two-member bench could not reach a majority verdict due to a third member's differing opinion. The matter has been sent back to the NCLT President for further direction. This personal insolvency case involves claims exceeding twenty-two thousand crore rupees. The President may appoint another member or issue an order to resolve the deadlock.
25% of my familys money is invested in India: Sanlam Investments CEO Carl Roothman
After wealth management and AMC, Sanlam is in talks to invest in Way2Wealth Brokers to expand its broking footprint in India
RBI's net short dollar position in forwards hits record $136.77 billion
RBI's net short dollar position rose from $103.33 billion at June-end as the central bank remained active in the forward market amid depreciation pressure on the rupee
Blackstone-backed Epsilon Bidco may sell 26% stake in EPL in Rs 1,985-crore block deal
Blackstone-backed Epsilon Bidco plans to sell its 26.4% stake in packaging firm EPL Ltd through a block deal valued at approximately Rs 1,985 crore. The shares are offered at Rs 235 each, marking a discount to the current market price.
HDFC Bank CEO exit puts focus on growth recovery, leadership reset
Sashidhar Jagdishan's exit puts HDFC Bank's next leadership team under scrutiny as investors seek stronger growth, better lending mix and improved returns
PVR Inox board approves 300 crore share buyback at 1,450 per share
The cinema chain will buy back up to 20,68,965 fully paid-up equity shares through the tender offer route, with 4 September fixed as the record date
Pace of gold loan expansion slows as banks adjust to new regulations
Bank gold loans grew significantly, though at a slower pace. Personal loans also saw increased growth, driven by housing and vehicle financing. New regulations adjusted loan-to-value ratios and repayment tenures for gold loans. Housing and vehicle loans experienced notable year-on-year increases in their outstanding amounts. Overall bank credit expanded robustly, with services sector leading the growth.
Ahead of IPO, Deepa Jewellers raises Rs 138 cr from anchor investors
Deepa Jewellers Ltd successfully raised Rs 138 crore from anchor investors this past Monday. Their initial public offering opens for subscription on September 1 and includes both fresh share issuance and an offer-for-sale. The proceeds are intended for enhancing working capital and supporting various corporate objectives. The shares are set to be listed on the BSE and NSE beginning September 8.
Adani group stocks face heavy selling pressure; Adani Enterprises tumbles nearly 8%
On Monday, shares of the Adani group experienced notable downward pressure, with Adani Enterprises declining by nearly eight percent amid overall market instability. The recent alterations in MSCI Global Standard Indexes were implemented at the end of August, affecting several Adani firms through index rebalancing and fund reallocations. This situation added to the volatility observed throughout the trading day.
India allocates 13 lakh tonnes of sugar for sale for September 1st fortnight
Consumers may have to wait for sometime before retail prices begin to reflect drop in ex-mill rates
EPFO has urged employers to enrol uncovered workers under its one-time Employees' Enrolment Campaign, 2026, to expand social security coverage. The scheme was notified in June and will continue till 31 October.
Foreign buying in Indian stocks hits 23-month high in August, RBI data shows
In August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two years. This surge in investment was bolstered by robust domestic earnings and proactive measures from the central bank. However, despite this positive trend, annual outflows are still trending towards a record high, with broader markets seeing an upswing even as major stocks faced declines.
Want NSE shares before the IPO? Heres how the unlisted market works
The National Stock Exchange
Last few hours to file tax return: Key pre-filled details ITR-3 and ITR-4 filers must cross-check
With the ITR filing deadline just hours away, taxpayers using ITR-3 and ITR-4 should carefully review pre-filled details. From income and tax credits to capital gains and deductions, heres what you need to verify before submitting your income tax return.
Purple Style Labs bets IPO on India's booming luxury wedding market
Founder Abhishek Agarwal is steering the Pernia's Pop-Up Shop parent away from mass discretionary spending and towards a narrower, wealthier customer base
No smartphone, no internet? PhonePe launches new UPI service for feature phone users
The fintech company has joined hands with handset makers such as Nokia, HMD, Lava International and itel to have the service pre-installed on their devices.
Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT order
Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the plan after a third member ruled in its favor. The appellate tribunal will now hear the lenders' challenge on Tuesday.
GRT Jewellers looks to go pan-India, acquires 74% stake in TBZ for 1,034 crore
The jewellery majors announced the signing of a share purchase agreement (SPA) between GRT and TBZ
Sebi slaps Rs 25 lakh fine on Citrus Check Inns directors
The Securities and Exchange Board of India (Sebi) has imposed a Rs 25 lakh penalty on three directors of Citrus Check Inns for disobeying its orders. The firm had unlawfully gathered funds from investors despite Sebi's prohibitory instructions. The directors claimed these collections were unintentional, attributed to agents and automatic setups. However, Sebi dismissed their argument, holding the directors accountable for the agents' actions.
US Fed chair Kevin Warsh tells G20 that past global savings glut is turning into investment surge
Federal Reserve Chairman Kevin Warsh highlighted a remarkable surge in global investments that is driving robust economic growth across the globe. The reversal of previous savings gluts marks a crucial shift in economic dynamics. Warsh emphasized that the notion of secular stagnation is no longer relevant today and expressed eagerness to discover the growth prospects of member economies.
ONGC to enter crude trading, build 1.75 million tonne strategic oil reserve
The state-run energy major is seeking greater commercial integration across its businesses while keeping exploration and production at the core.
Nifty, Sensex snap two-month winning streak in August as crude weighs
Broader markets extended their winning run to a fifth month, while IPO activity gathered pace, with 21 mainboard issues raising about Rs 21,000 crore in August
The government hasn't confirmed the estimated arrears under the 8th Central Pay Commission. Employees should consider the figures illustrative, subject to change.
MSCI rejig sends CAS volumes surging, sparks sharp moves in stocks
NSE's CAS turnover surged to Rs 39,718 crore, nearly 22 per cent of cash-market turnover, as MSCI rebalancing triggered sharp price swings in dozens of stocks
Axis Mutual Fund has launched Shagun SIP, an industry-first gram-based SIP for gold and silver fund of funds (FoFs). The feature lets investors choose a gold or silver quantity instead of a fixed rupee amount. Heres how it works, its key benefits, and what investors need to know.
US Stocks Today: US stocks fall as Iran war escalation sends oil prices up
Wall Street's main indexes traded lower on Monday after military strikes between the U.S. and Iran drove up oil prices, fanning inflation worries as the interest-rate outlook turns more hawkish.
Lumino Industries IPO: QIB portion subscribed 211.25 times, overall 104.62 times
The issue attracted strong bids across investor categories, with proceeds from the fresh issue earmarked largely for debt repayment
Banking system surplus liquidity reaches Rs 5 lakh crore, highest in over four months
By the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of foreign currency deposits. The Reserve Bank of India has adeptly utilized reverse repo auctions to manage the excess liquidity. This comfortable liquidity scenario is enhancing lending conditions and fostering credit growth, with expectations for liquidity to hover between Rs 4 lakh crore and Rs 4.
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price
Enflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiative aligns with China's ambition for technological independence following US export restrictions on chips. The firm intends to confront Nvidia's stronghold in the AI chip sector, channeling the raised capital into sophisticated chip development and software initiatives. Investor pre-subscriptions for the IPO are slated to commence on Wednesday.
Adani calls for new credit rating framework for transformational infrastructure
In a bold move, Gautam Adani has demanded a significant reform of the infrastructure rating models. He criticized current assessments for their inability to reflect the value generated by interconnected platforms. Adani used Mundra and Vizhinjam ports as key illustrations of vital assets, while also showcasing the substantial promise of the Khavda renewable energy initiative. He warned that success in the future hinges on merging AI with robust infrastructure.
Jindal Mobilitric to expand its retail network to 100 showrooms by FY28
Opens its first showrooms at Srinagar and Jaipur
Eco Hotels & Resorts launches 58-room hotel in Shirdi, Maharashtra
With the addition of this property, Eco Hotels has crossed 280 operational rooms and is set to further expand its portfolio with a 52-room property in Chhatrapati Sambhaji Nagar in October and a 16-room boutique hotel in Ayodhya within the next 45 days, taking its portfolio to approximately 350 rooms ahead of Diwali.
Writing a will online and its hidden risks: Why the cheap and fast option isnt for everyone
Digital estate-planning services are making it easier to create a will, but simple DIY options may not suit everyone.
Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debt
Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegations. He is now addressing outstanding dues and defending his personal insolvency plan. Borrowers linked to his Essel Group have agreed to settle their obligations. Chandra stated he acted as a guarantor for these borrowing entities. Lenders are challenging the low recovery from his personal estate.
Groww Asset Management completes 580-crore State Street investment
The partnership is exp to strengthen Groww AMCs capabilities across exchange-traded funds (ETFs), indexing and systematic investing
Sensex, Nifty end lower as crude surge and US rate fears weigh, MSCI rebalancing adds volatility
BSE Sensex closed 307.24 points, or 0.40 per cent, lower at 76,957.27, while the Nifty 50 fell 95.25 points, or 0.39 per cent, to 24,080.40.
Titan vs Kalyan Jewellers: Why HSBC favours both stocks amid jewellery sector growth
HSBC has picked Titan Company and Kalyan Jewellers as its preferred jewellery stocks, citing growth opportunities from daily-wear jewellery and B2B manufacturing. The brokerage has retained Buy ratings on both stocks, with target prices of Rs 5,550 and Rs 770, respectively, while highlighting key risks including gold price volatility and competition.
Stocks Decline on West Asia Tensions, Higher Crude Oil
Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
Aurobindo Pharma gains over 3% as subsidiary launches generic Advair Diskus in US; stock up 41% YTD
Aurobindo Pharma shares rose sharply after its subsidiary Lannett Company launched the generic equivalent of Advair Diskus in the US. The inhalation product, available in two strengths, marks the first commercialised product from Aurobindos inhalation pipeline. The stock has gained 41.16% year-to-date in 2026.
India rupee hits near four-week high on equity-related flows, RBI support; logs monthly rise
The Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustments and central bank actions. Closing the month in the green, the currency rebounded from previous losses. Additionally, foreign bank offers tied to MSCI index inflows offered support. Experts predict that the USD/INR pair may continue to weaken in the upcoming months.
Global market: European shares dip as fresh US-Iran strikes push oil, bond yields higher
European shares opened lower on Monday as renewed US-Iran military tensions pushed oil prices and bond yields higher, although the STOXX 600 remained on track for its fifth consecutive monthly gain. Energy stocks rose as Brent crude climbed above $90 a barrel, while Germanys DAX fell ahead of key inflation data. Investors are also watching upcoming eurozone inflation and US payrolls figures for clues on interest rates.
Hy-Tech may outshine Skyways, Symbiotec on listing day, GMP signals
Hy-Tech Engineers IPO GMP is 79 per cent, while Skyways Air and Symbiotec Pharmalab are expected to list at over 20 per cent premium.
Coal India to focus on realisations, productivity and cost control
The companys FY26 revenue remained broadly stable, but higher depreciation and expenses contributed to a decline in profitability and margins
NFOAlert: Bank of IndiaMutualFundannounceslaunch of valuefund
Bank of India Mutual Fund has launched the Bank of India Value Fund, an open-ended equity scheme that follows a value investment strategy. The NFO is open from August 28 to September 11, 2026, and will invest predominantly in equity and equity-related instruments across market capitalisations.
Smallcap funds ride MF retail wave, SIP assets up 5-fold
Smallcap funds have emerged as the primary beneficiaries of the systematic investment plan (SIP) wave in Indian mutual funds over the past five years, with their SIP assets surging to approximately 1.83 trillion by March 2026, a fivefold increase.
Global Market: Chinas IPO boom gains momentum as AI, robotics fuel investor appetite
Chinas IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong and Shanghai have already raised over $54 billion through IPOs and secondary listings in 2026, while blockbuster debuts such as CXMT and Unitree highlight the enthusiasm for tech stocks.
Loan terms, interest structure, and lenders are crucial in deciding early closure of education loans. Here are 7 factors to consider before closing education loan early.
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strength
U.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic growth is boosting the countrys fiscal health. In defense of the Treasury's increased bond buyback initiative, Bessent pointed to larger international interventions as a valid reason for this approach. The expanded buyback operations are set to commence in September.
HDFC Bank shares climb as CEO Jagdishan opts out of reappointment
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
PhonePe Extends UPI To Feature Phones With UPI 123Pay Service
Fintech giant PhonePe has launched 'PhonePe UPI 123Pay', a new service enabling UPI transactions for feature phone users without requiring an internet connection. This initiative aims to bring digital payment capabilities to over 200 million feature phone users, promoting financial inclusion across India.
Religare Enterprises jumps as Ashish Dhawan raises stake to 6.38%
Religare Enterprises jumped 4.42% to Rs 243.35 after investor Ashish Dhawan acquired an additional 38 lakh shares in the company through open-market purchases on 28 August 2026.
Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, according to an ETMutualFunds analysis. Small-cap funds dominated the list, with TRUSTMF Small Cap Fund topping the chart with a 33.73% return. Invesco India Smallcap Fund also featured among the top performers, delivering a 20.39% return during the period.
