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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.
Mint Explainer | Can foreign investment in e-commerce take India's small manufacturers global?
The move comes as India seeks to widen its exporter base and make it easier for smaller manufacturers to access global markets. Can opening this route to foreign investment take more of India's small manufacturers global?
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.
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.
Weizmann Ltd leads losers in 'B' group
Ducon Infratechnologies Ltd, KD Green Industries Ltd, Wonder Electricals Ltd and Virtual Global Education Ltd are among the other losers in the BSE's 'B' group today, 31 August 2026.
Volumes spurt at Supreme Petrochem Ltd counter
Supreme Petrochem Ltd registered volume of 10.43 lakh shares by 14:14 IST on NSE, a 17.49 fold spurt over two-week average daily volume of 59612 shares
Inox Wind Ltd eases for fifth straight session
Inox Wind Ltd is quoting at Rs 69.93, down 2.59% on the day as on 13:19 IST on the NSE. The stock tumbled 50.34% in last one year as compared to a 2.27% slide in NIFTY and a 10.52% spurt in the Nifty Energy index.
CESC Ltd drops for fifth straight session
CESC Ltd is quoting at Rs 146.63, down 1% on the day as on 13:19 IST on the NSE. The stock jumped 31.99% in last one year as compared to a 2.27% slide in NIFTY and a 10.52% spurt in the Nifty Energy index.
IndusInd Bank Ltd down for fifth straight session
IndusInd Bank Ltd is quoting at Rs 993.7, down 0.03% on the day as on 13:19 IST on the NSE. The stock jumped 31.99% in last one year as compared to a 2.27% slide in NIFTY and a 6.29% spurt in the Nifty Bank index.
Global Market: China, Hong Kong stocks slip as weak economic data and property overhaul weigh
Chinese and Hong Kong stocks declined as weak economic data highlighted a fragile recovery, while new measures to reform Chinas housing presale system triggered a sharp selloff in property shares. Gold stocks also weakened after hawkish Fed signals, while strong first-half earnings from major banks offered some support.
Northern Arc Capital jumps 10% after Rs 335-crore block deal. Should you buy?
Northern Arc Capital shares surged after 1.21 crore shares changed hands in a large block deal during the morning session. The stock hit an intraday high of 315 and remained above its opening price and VWAP around noon, indicating that the early gains held through the session.
Adding a family member to your property deed? Why the taxman may have questions
Putting a relatives name on a property deed may seem like a family arrangement, but tax authorities can now connect property records with financial data. Heres when a gift, loan or benami issue can arise.
Sensex, Nifty trade sharply lower; IT shares plunge
Market participants remained cautious ahead of the MSCI index rebalancing, which is expected to trigger sizeable passive fund flows under the new Closing Auction Session (CAS) mechanism. The Nifty traded below the 24,100 level.
DoPT has forwarded representations seeking pension revision for central government employees who retired before 1 January 2026 to the Department of Expenditure. The move puts the demand formally before the government, but does not mean pension revision has been approved under the 8th Pay Commission.
Gold, silver ETFs off day's low, still down 4% amid hawkish Fed stance
In the spot market, gold prices declined around 1.22 per cent to 1,54,940 per 10 grams. Meanwhile, silver futures fell 0.5 per cent to 2,40,011 per kg.
FMCG stocks HUL, ITC, Dabur, Emami, Godrej Consumer hit 52-week lows
In the past month, the BSE FMCG index underperformed the market by falling 3.3 per cent, compared to a 1.5 per cent fall in the BSE Sensex.
Why Indias new closing auction is agonising traders: Q&A
Indias new 20-minute closing auction system is facing renewed scrutiny after the Sensex briefly plunged nearly 3% during Thursdays session, highlighting concerns over thin liquidity and price volatility. Introduced on August 3 to improve price discovery and align India with global markets, the system has also come under SEBIs lens following an alleged market-manipulation case.
Explained: Why Jefferies prefers Kaynes Tech shares over Dixon Tech; urges caution on Syrma SGS
Jefferies prefers Kaynes Technology over Dixon Technologies as India pushes to deepen domestic electronics component manufacturing. The brokerage has a Buy rating on Kaynes Tech, while maintaining Hold calls on Dixon and Syrma SGS Technology. It expects stronger competition for mobile assembly players and advises caution on Syrma after its sharp rally.
The stock market saw marked declines on Monday, particularly among smallcap and midcap shares. Persistent Systems and National Aluminium Company experienced prominent losses, contributing to the negative performance of the Nifty Midcap 100 and Smallcap 100 indices. Influenced by the Federal Reserve's remarks and increasing oil prices, investors are pivoting to prioritize growth opportunities over traditional value stocks.
Coal India to launch IPOs of South Eastern Coalfields and Mahanadi Coalfields this fiscal
Chairman B Sairam said both subsidiary IPOs are planned by year-end, with the exact timing dependent on market conditions and government directives.
Bank credit growth stays firm at 18.60% on year
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Should you accept a credit card limit increase? Pros, cons and key factors
Credit card limit increase benefits include a lower credit utilisation ratio, an improved credit score, and greater financial flexibility, but key factors such as income, spending habits, interest rates and overspending or debt-trap risks should be considered before accepting.
Paytm, TaMo: Emkay picks 15 stocks as high US yields reshape India strategy
Low-growth companies will not find favour, and better visibility of stronger growth over the medium term becomes a prerequisite to lure global investors, said Emkay.
US Stock Market: Barclays turns hawkish on Fed, sees two rate hikes in 2026
Barclays has turned more hawkish on the US Federal Reserve, now expecting two 25-basis-point rate hikes in 2026. The brokerage sees increases in September and December, reversing its earlier call for unchanged rates. The shift follows hawkish remarks from Fed Chair Kevin Warsh and renewed concerns over persistent inflation.
Karur Vysya Bank inaugurates 16 new branches across southern India and Delhi NCR
With the latest expansion, the Bank's branch network stands at 919 across the country.
TARIL receives its maiden order in nuclear power space
To supply generator transformers for 1,400 MW nuclear power project at Kaiga, Karnataka
Entero Healthcare Solutions corrects after sharp rally
Entero Healthcare Solutions fell 1.96% to Rs 1,773.20 on Monday after gaining 30.42% over the past seven trading sessions.
Aurobindo Pharma Ltd spurts 3.36%, gains for fifth straight session
Aurobindo Pharma Ltd is quoting at Rs 1700.5, up 3.36% on the day as on 12:44 IST on the NSE. The stock is up 65.9% in last one year as compared to a 2.24% slide in NIFTY and a 23.41% slide in the Nifty Pharma.
Oracle Financial Services Software Ltd spurts 0.89%, gains for five straight sessions
Oracle Financial Services Software Ltd is quoting at Rs 12299, up 0.89% on the day as on 12:44 IST on the NSE. The stock is up 45.16% in last one year as compared to a 2.24% fall in NIFTY and a 13.77% fall in the Nifty IT.
Bharat Global Developers Ltd leads gainers in 'B' group
Next Mediaworks Ltd, Diffusion Engineers Ltd, Kalyani Forge Ltd and Lancer Containers Lines Ltd are among the other gainers in the BSE's 'B' group today, 31 August 2026.
Ashoka Buildcon Ltd leads gainers in 'A' group
Balrampur Chini Mills Ltd, Northern Arc Capital Ltd, Kiri Industries Ltd and New India Assurance Company Ltd are among the other gainers in the BSE's 'A' group today, 31 August 2026.
Augmont Enterprises shares jump nearly 22% in market debut
Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.
Govt Plans Airport Auction Cap
'The number of airport bundles that may be awarded to a single bidder would be capped.'
Online wills: Know the costs and caveats
The simplicity of the online will-making process is also its biggest limitation.
Silver futures decline to 2.40 lakh/kg
On MCX, silver contracts for December delivery declined by 1,955, or 0.81% to 2,40,489 per kg in a business turnover of 2,004 lots.
PFRDA will revise the NPS and NPS Lite PoP charge structure from 1 October 2026, including a 200 onboarding fee and 0.20% annual AUM charge. The regulator has also clarified when e-NPS users are exempt, how dormant accounts are treated and why the original onboarding route matters.
G20, US Jobs Data, Rate Decisions: 5 key global market triggers this week
Tata Power Renewable Energy commissions 100 MW Group Captive Solar Project at Kayathar, Tamil Nadu
Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power Company, has successfully commissioned its 100 MW Group Captive Solar Project (TNGC-2) at Vellalankottai and Nalandhula villages in Kayathar, Tamil Nadu.
Priority Jewels IPO has attracted strong demand on Day 2, with the issue subscribed 15.61 times. The IPO is also commanding a 23% grey market premium, signalling potential listing gains. With the issue fully priced at 20.5x FY26 P/E, Anand Rathi has recommended subscribing to the IPO for long-term gains.
Hallmarking silver jewellery may become mandatory from October
The move aims to protect buyers from under-purity fraud, bringing silver jewellery under a mandatory BIS certification framework similar to gold.
Does revenue entry mean property ownership? What Supreme Court said over MP's joint family dispute
The Supreme Court ruled that a revenue record entry does not create or extinguish title to property, emphasizing that relinquishment must be proven.
Euro currency speculators sharply reduce net short position
Large currency speculators sharply reduced net short in the Euro futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net short position of 36352 contracts in the data reported through Aug 25, 2026. This was a weekly reduction of 22736 net positions.
Purple Style Labs IPO: Analysts see risk reward unfavourable; bid or skip?
Analysts have shared negative views on Purple Style Labs, saying isk reward remains unfavourable.
India and Brazil reaffirm objective of expanding bilateral trade to USD 30 billion by 2030
The 8th Meeting of the India-Brazil Trade Monitoring Mechanism (TMM) was held in Braslia, Brazil. The meeting was co-chaired by Commerce Secretary, Ministry of Commerce & Industry, Rajesh Agrawal, and Secretary of Foreign Trade, Ministry of Development, Industry, Commerce and Services (MDIC), Tatiana Lacerda Prazeres. The meeting reflected on the strong institutional framework underpinning the India-Brazil Strategic Partnership and the shared commitment of both sides to deepen strategic and economic ties. Bilateral trade between India and Brazil has shown consistent growth, reaching USD 15.07 billion in 2025-26. Recognising the complementarities between the two economies, both sides reaffirmed their shared objective of expanding bilateral trade to USD 30 billion by 2030 through a more diversified, balanced and sustainable partnership, particularly in pharmaceuticals, chemicals, engineering goods and machinery. During the meetings, both sides reviewed progress on the ...
Lithium miners post big profits as battery storage demand surges
Chinas globally-watched spot price for lithium surged 22% over the first half as energy storage emerged as a meaningful demand source due to the growth of data centers and renewable power
HDFC Bank's Puri legacy hard to match; India an expensive market: Shankar Sharma
SIPs have been marketed as a product that can deliver 12 per cent, 14 per cent and other such fantastical figures. These claims are made by people who have a vested interest in saying so, Sharma said.
Jefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishans decision not to seek reappointment. The brokerage flagged near-term risks to deposit mobilisation and fee income but said valuations remain undemanding.
Sensex slides 291 pts; realty shares decline for 3rd day
Market participants remained cautious ahead of the MSCI index rebalancing, which is expected to trigger sizeable passive fund flows under the new Closing Auction Session (CAS) mechanism. The Nifty traded below the 24,100 level.
Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the companys order pipeline.
Global Market: Chinese property stocks slide as new rules raise consolidation fears
Chinese property stocks came under pressure after Beijing introduced new rules aimed at reducing developers reliance on homebuyer funds and curbing risks from unfinished projects. While the measures could improve buyer protection, investors fear they may put greater pressure on highly leveraged developers and accelerate industry consolidation.
India bonds slump on Fed rate hike bets, benchmark trades at discount
Indian government bonds faced a downturn on Monday as yields spiked significantly. Hawkish statements from the head of the U.S. Federal Reserve ignited concerns about imminent rate hikes. Additionally, oil prices surged over ninety dollars a barrel, compounding market pressures. This confluence of events casts a shadow over India's inflation expectations and fiscal health, prompting traders to anticipate local swap rate increases in light of potential Fed actions.
Surging growth in sales by companies hasn't translated into higher salaries just yet.
India to sustain 7% growth despite global headwinds: FM
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
Zee Entertainment shares crash 14% amid Subhash Chandras 99.97% loan haircut row
Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a recovery of around Rs 6.5 crore against admitted creditor claims of Rs 22,006.57 crore, implying a 99.97% haircut.
Augmont Enterprises shares drop 2% after listing at 22% premium. Buy, sell or hold the stock?
Augmont Enterprises made a strong stock market debut, listing at a 22% premium to its IPO price, but gains fell short of grey market expectations. With valuations considered rich, brokerages have offered mixed views, ranging from Neutral to Subscribe for Long Term. Investors will weigh the companys growth prospects, margins, integrated precious-metals ecosystem and key risks.
Gold, silver ETFs crash up to 8% as US Fed rate hike expectations climb. What should investors do?
Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices extended their losses. Rising expectations of a US Fed rate hike, profit booking and a stronger dollar weighed on sentiment. Experts advised investors against panic selling and suggested rebalancing or staggered buying.
Pondy Oxides and Chemicals revise Dividend
To Rs.2 per share post split
MSCI rejig: Laurus, Lenskart among 4 stocks set for $1.5 bn inflows
The MSCI Standard Index will see four additions, Adani Energy Solutions, Billionbrains Garage Ventures, Laurus Labs, and Lenskart Solutions.
Nifty Media index tanks 4.5%; Zee Entertainment, Network18 plunge up to 14%
Sun TV Network hit a new 52-week low of 458.60, down 3.3%; Saregama India and Prime Focus were down 4% and 3%, respectively, in Monday's intra-day trade.
Nifty IT tanks 2%; Infosys, Wipro top losers: What's behind the weakness?
So far this month, the IT index remains unchanged. In July, it recorded its best gain in six months following a 17 per cent rise.
Nvidia stock under pressure. Whats behind the pullback?
Nvidia has paused some deals under a new financing initiative for AI cloud companies.
How much of your salary should go towards your home loan EMI?
Homebuyers should assess their monthly surplus before applying for a home loan. An affordable EMI fits comfortably after essential expenses and savings. Lenders assess repayment capacity, but your budget dictates the actual limit. Use an EMI calculator to test loan amounts and tenures for affordability. This ensures your EMI aligns with your financial goals and cash flow.
Investing in an IPO? 10 warning signs to look for before placing your bet
IPOs are surging as Sebi approvals near expiry. Investors should watch for 10 key warning signs in the Red Herring Prospectus (RHP) to assess risks and avoid poor-quality investments.
Big boys foray into the microdrama space while early entrants exit
Yash Raj Films is betting on microdramas even as early entrants exit. The audience is hooked, but monetization remains elusiveforcing studios to balance content costs, retention and the promise of mobile-first storytelling.
Market under pressure; Nifty trades near 24,000 level
Market participants remained cautious ahead of the MSCI index rebalancing, which is expected to trigger sizeable passive fund flows under the new Closing Auction Session (CAS) mechanism. The Nifty traded below 24,000 level.
Zee Entertainment drops on buzz lenders to challenge Subhash Chandra repayment plan
Zee Entertainment Enterprises dropped 9.60% to Rs 91.80 on Monday, extending its decline for the fourth consecutive session.
X user questions extra verification after OTP for 1.05 lakh credit-card payment; what RBI rules say
An X user questioned why HDFC Bank sought additional confirmation after he authenticated a 1.05 lakh credit-card payment with an OTP. RBI rules allow banks to use risk-based security measures and adaptive authentication for digital payments.
IGL shares jump 3% after CNG price hike in Delhi NCR. What lies ahead?
IGL shares witnessed an uptick on Monday after the company hiked CNG prices by Rs 3.89 per kg in Delhi-NCR, citing higher imported LNG costs. The increase marks the fifth price hike this year. Citi retained its Buy rating on IGL, saying the latest hike could improve realisations and support margins.
Digital Tool to Track Fertiliser Supply, Prevent Shortages
India's fertiliser ministry has introduced a new analytical tool and a national-to-retail dashboard to monitor fertiliser dispatches, movement, and inventories in real time, aiming to prevent localised shortages and ensure equitable access for farmers.
Annu Projects IPO ends with 2.93 times subscription
The offer received bids for 5.18 crore shares as against 1.76 crore shares on offer.
US dollar index large currency speculative longs slide further
Large currency speculators in the US dollar futures continue to slide, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 18682 contracts in the data reported through August 25, 2026, marking a decrease of 397 net positions compared to the previous week.
Ather Energy shares rose after the company launched its new Konarc electric scooter at a starting price of 99,999. The model will be offered in six variants across the S and Z lines, with IDC ranges of up to 200 km. Ather Energy shares have gained 132% over the past six months.
Augmont Enterprises stock debuts at 22% premium, surges 29% before paring gains
A sustained move above 1,000 could support further upside, while a break below 900 would warrant caution, a market analyst said
Tempsens Instruments shares slide over 4% on profit booking after record listing
Tempsens Instruments shares fell over 4% on Monday as investors booked profits after the stocks blockbuster debut on Friday. The shares had listed at a premium of more than 111% over the IPO price following strong demand for the Rs 650-crore issue, which was subscribed 184 times during the bidding period.
Avantel gains after bagging Rs 118-crore order from DRDO
Avantel advanced 2.46% to Rs 160.60 after the company announced that it had secured a contract worth Rs 117.88 crore from the Defence Research and Development Organisation (DRDO), under the Ministry of Defence, Government of India.
Volumes spurt at Concord Biotech Ltd counter
Concord Biotech Ltd registered volume of 21.09 lakh shares by 10:46 IST on BSE, a 127.52 fold spurt over two-week average daily volume of 16536 shares
Inherited agricultural land sale: When is it tax-free and what exemptions apply?
Tax on sale of inherited agricultural land: Section 54B, 54F and 54EC exemptions explained, reinvestment in residential property or farm land, 10 crore and 50 lakh exemption caps, capital gains tax at 12.5% or 20% with indexation for siblings selling jointly-inherited land
Ather Energy rallies 14% in 2 days; what's driving stock to record highs?
In the past six months, Ather Energy's market price zoomed 136% and it skyrocketed 297% from its 52-week low of 422 touched on August 29, 2025.
