The Economic Times

Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was oversubscribed. The company also faces Rs 14.43-lakh fines each from BSE and NSE over board composition compliance. Despite short-term pressure, the stock has delivered strong long-term returns.

Capri Global shares fell nearly 3% after BSE and NSE imposed fines of Rs 74,000 each plus taxes for delayed compliance with SEBI listing regulations. The company said the penalties have no material financial or operational impact and plans to seek a waiver. The stock remains up 35.43% in 2026.

Nepal Flash Flood LIVE Updates: At least 168 people have died and more than 1,100 remain missing after a glacial collapse triggered devastating flash floods and mudslides along the Nepal-China border, destroying roads, bridges and settlements and leaving hundreds of foreign travellers unaccounted for.Nepals National Disaster Risk Reduction and Management Authority said Thursday that 165 bodies had been recovered from flood-affected areas near the Bhotekoshi river at the Nepal-China border. Ident

Rice dominates trade between the two countries, accounting for nearly two-thirds of Indias $1.25 billion in exports to Iran in the fiscal year-ended March, government data show. Iran, in turn, bought about 7% of Indias $11.5 billion in global rice exports.

Devyani International witnessed an uptick on Thursday after the company said its merger with Sapphire Foods India remains on track, while a proposed secondary share sale involving Sapphire Foods Mauritius and Arctic International has been called off. The share-swap ratio remains unchanged, but the revised deal alters the expected post-merger promoter holding.

Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results.

More than 400 foreign tourists are missing following a catastrophic flood in Nepal. At least 130 Indians are among the missing, with other nationalities also affected. Australian and United States citizens are also reported missing in the disaster. British, Canadian, and Malaysian citizens have also been reported missing. South Korean and Japanese nationals were also unaccounted for after the event.

Jeff Bezos Dolly Parton Instagram Post: Jeff Bezos paid tribute to Dolly Parton after the country music icons death, recalling her generosity and saying he and wife Lauren Snchez Bezos were grateful to have known her. However, the Amazon founders Instagram post drew criticism from some users, who argued that he should follow Partons example of philanthropy and use his vast wealth to help others.

Tata Power shares tumbled after the Singapore International Commercial Court dismissed the companys challenge to a $490 million arbitration award in favour of Kleros Capital Partners over a Russian coal project dispute. Tata Power plans to appeal the ruling, with the company having 28 days to approach the Singapore Court of Appeal.

The Nifty IPO Index has hit a remarkable 52-week high, showcasing an impressive appetite from investors. Recently, twelve newly listed firms have become multibaggers, showcasing exceptional returns. This upswing is driven by expanding growth sectors and a solid influx of domestic capital. Additionally, a shift in capital from large-cap stocks contributed to the stellar performance of this segment. Experts suggest CORONA Remedies and Fujiyama Power Systems for anticipated growth.

Indian equities opened marginally higher on Thursday ahead of expiry-day volatility, with Sensex and Nifty gaining around 10 and 11 points, respectively. India VIX rose 3% to 10.84. Kotak Mahindra Bank led gains, while HCL Technologies and HDFC Bank declined. Consumer durables gained, while FMCG slipped amid mixed market breadth.

India-Japan bilateral trade has the potential to rise to USD 50 billion by 2030 from USD 27.47 billion in 2025-26, with greater export diversification, an upgraded trade pact and deeper business engagement key to achieving the target, industry body ASSOCHAM said in a report.

Meta Platforms agreed to a significant $18 billion settlement with 48 US states. This historic deal mandates substantial changes to protect younger users on its platforms. New rules will limit daily usage and restrict access during nighttime hours for minors. Meta will also enhance its age verification technology to better identify underage users. These forthcoming changes aim to improve child safety across Instagram and Facebook.

Japans Nikkei slipped 0.14% as Advantest and SoftBank declined, despite Nvidias strong AI outlook. The Topix gained 0.19% as investors rotated towards value stocks. Financial shares advanced, while Fujikura and Kioxia gained. Market sentiment remained cautious toward chip stocks following their sharp gains earlier this year.

In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC Bank suffered a 26% drop, equating to a loss of Rs 3.73 lakh crore. Similarly, HDFC Life Insurance faced a 29% decline, resulting in a Rs 47,261 crore dip.

Indias 12-match multi-format tour of New Zealand is driving record demand for international cricket tickets, with 26,000 sold in the first 48 hours of pre-sale. Matches at Aucklands Eden Park and Christchurchs Hagley Oval are among the strongest sellers, while Wellington sales are also robust. New Zealand Cricket expects several fixtures to sell out before the September 7 public sale.

South Koreas central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-expected economic growth and persistent inflationary pressures from higher energy costs. The Bank of Korea also upgraded its growth forecasts, while strong semiconductor exports and AI-driven chip demand are expected to support the economy and equities.

President Donald Trump declared a national emergency and banned foreign equipment. This order targets bulk-power systems posing security vulnerabilities to the United States. The White House cited an extraordinary foreign threat from these imported systems. This action follows similar bans by the European Commission on Chinese inverters. The administration will also review existing foreign equipment for operational risks.

In August, both promoters and private equity funds collectively divested shares valued at nearly 58,000 crore, marking a notable selloff as the stock market endeavored to rebound from recent downturns. The numbers revealed that private equity exits skyrocketed five times compared to previous months, achieving peak levels not seen since 2026. This influx of shares from promoters further heightened market liquidity concerns amid ongoing primary market activity.

Deepa Jewellers has set the price band for its Rs 459.72 crore IPO at Rs 168177 per share. The issue will open for subscription on September 1 and close on September 3, with listing scheduled for September 8. The offer comprises a Rs 250 crore fresh issue and an OFS of 1.18 crore shares. The IPOs P/E remains below industry peers.

South Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung Electronics and SK Hynix advanced. The Bank of Korea raised rates by 25 basis points to 3% and upgraded its 2026 growth forecast to 3.3%, keeping investors focused on future monetary policy.

Smallcap stocks led Nifty-500 earnings growth in 1QFY27, with the Nifty Smallcap-250 reporting 35% YoY growth. While strong earnings, domestic inflows and themes such as power continue to support the rally, elevated valuations and narrowing market breadth highlight the need for selective investing.

Gold and silver prices opened higher on the MCX on Thursday, supported by softer oil prices, a weaker dollar and expectations around the US Federal Reserves policy path. Investors are now focused on Fed Chair Kevin Warshs remarks at Jackson Hole, while analysts have outlined key support and resistance levels for both precious metals.

Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involving Iran and Oman. Brent crude fell 0.7% to $87.24 a barrel, while WTI declined 0.7% to $81.67. Markets are watching developments around the key oil transit route; a reopening could potentially ease supply disruption concerns.

US President Donald Trump believes Mojtaba Khamenei is alive but seriously wounded. Iran released archival footage of the leader to counter health rumors. This footage was reportedly filmed before he became Supreme Leader. Iranian President Masoud Pezeshkian stated Khamenei is completely healthy. The US military reported significant maritime engagements and economic strength.

Nvidias AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to bottom at 7172% in Q4 FY27, while rising debt could pressure its financial condition and cash flows.

The final day of bidding for the Hy-Tech Engineers IPO has arrived, showcasing strong investor enthusiasm. Retail participation has surged, with subscriptions exceeding sixty times for their designated share. The IPO is projected to begin trading on September 1, 2026, post-allotment.

Shipping traffic through the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the United States and Iran persisted. Market watchers are also monitoring ongoing Iran-Oman discussions regarding the vital waterway. Meanwhile, traffic at the Bab el-Mandeb strait experienced a slowdown for the second day. Some vessels may be sailing with their transponders turned off, impacting official counts.

ICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareholding requirements. The sale will reduce promoter holding to 85.6%. Shares of ICICI Prudential AMC have gained over 22% in 2026, while Q1 net profit rose 23% year-on-year to Rs 965 crore.

Leo Tolstoy profoundly asserts that love serves as the sole solution to the myriad ailments afflicting humanity. This principle is especially pertinent in our modern, fast-paced digital world. Embracing a more empathetic approach over hostility fosters true healing. Choosing to cultivate kindness in every interaction showcases the essence of genuine love, revealing that true strength is derived from compassion rather than mere force for authentic change.

Pulitzer Prize winner Slava Veder, renowned for his Vietnam War photo, has died. His iconic image captured a soldier's reunion with his children after captivity. Veder, an Associated Press photographer, passed away peacefully at his California home. He was celebrated for his dedication to capturing compelling human moments. His legacy includes mentoring younger photographers and documenting significant historical events.

Symbiotec Pharmalab IPO enters its final bidding day with 5.31 times overall subscription and a Rs 285 GMP. The Rs 1,757 crore issue is priced at Rs 938988 per share, with listing expected on September 1. Proceeds will partly repay debt, while investors weigh strong demand against premium valuation and risks.

India and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access to the Eurasian region's rich energy and mineral deposits. Bilateral trade has significantly increased, with both nations pursuing a $100 billion target by 2030. Connectivity initiatives, including the Northern Sea Route, are also being explored for mutual benefit.

The Rs 175.06 crore Annu Projects IPO entered its third day of bidding on August 27, with the issue subscribed 47% on Day 2. The IPO has attracted stronger retail participation, while its grey market premium (GMP) stands at around Rs 4, indicating a potential listing gain of about 4%. With the issue closing on August 28, investors are tracking subscription trends and GMP ahead of the listing.

In an interaction with Kshitij Anand of ETMarkets, Saurabh Prasad, Division Head Research at Mirae Asset Sharekhan, said large caps are now more reasonably valued relative to growth stocks, while the premium commanded by small caps may be difficult to sustain given their more volatile earnings momentum.

Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply constraints. The upbeat outlook, which is well above Wall Streets 44% growth estimate, highlights broadening demand from hyperscalers, AI labs, startups and enterprises. Nvidias quarterly revenue also more than doubled, reinforcing investor confidence in the AI spending boom.