The Economic Times
Elections 2026Business / The Economic Times
North Korea commissioned its second naval destroyer, the Kang Kon, on Sunday. Leader Kim Jong Un urged building a more reliable nuclear deterrent for maritime defense. This development occurs as the US, South Korea, and Japan begin joint military exercises. North Korea views these drills as a significant security threat and has increased pressure. The nation seeks greater concessions from the United States after previous talks collapsed.
Nifty has experienced a decline for four straight weeks, breaking through the crucial 24,000 support level. Experts recommend adopting a market-neutral approach to capitalize on expected volatility. Among the stocks to watch are APL Apollo Tubes and One 97 Communications, which may offer promising returns. The Bank Nifty indicates upward trends, encouraging investors to buy on dips around 56,400. Additionally, Hindustan Oil Exploration Company and Engineers India present attractive opportunities
In the Nifty500 pack, five stocks' closing prices crossed above their 200-day moving averages (DMA) on September 4, 2026, according to StockEdge's technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.
Stock Market Rules changes : The change is important for traders who usually place orders closer to the end of the pre-open session. Under the new system, they will no longer be able to put in market orders after 9:05 am and will have to specify a price through a limit order.
Prasol Chemicals plans an IPO to raise funds for debt repayment and expansion. The company's revenue and profits have shown significant growth in recent years. Its product portfolio includes acetone and phosphorus-based specialty chemicals for various industries. Capacity utilization at one plant improved, though it remains relatively low. Investors with a high-risk appetite may consider applying for this offering.
Asian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks between Iran and the US in the Strait of Hormuz. Investors are now keenly awaiting US inflation data that will influence Federal Reserve interest rate policies. Meanwhile, the yen showed volatility amid speculation regarding possible rate hikes by the Bank of Japan.
The National Stock Exchange's IPO has gained the necessary regulatory approval, leading to an increase in grey market premiums. Investors are now looking at a potential price hike for shares before they officially list. Brokers foresee the IPO launch by late September, with unlisted NSE shares trading at about
August witnessed a surge in new demat accounts, reaching a seven-month peak due to strong initial public offering activity that spurred many newcomers to the markets. Collectively, NSDL and CDSL welcomed around 3.27 million new accounts, even as benchmark stock indices faced a minor dip. Analysts are optimistic about continued growth, especially with major upcoming IPOs from Jio and NSE on the horizon.
India's primary market is gearing up for an exciting week, with 16 companies ready to launch their IPOs. Aiming to gather over 7,000 crore rupees, this includes 12 mainboard and 4 SME offerings. Following a strong August performance, confidence remains high within the IPO sector, with businesses eager to harness the prevailing positive momentum.
The Indian equity market ended the week on a positive note, with the Nifty increasing by 0.1 percent on Friday. Factors such as global market trends and easing fears of US interest rate hikes lent support to this rise. The India VIX, often seen as a fear gauge, declined by 5.8 percent, signaling lower market worries.
General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India's biggest by trading volume. The proposed IPO, expected later this month, is entirely an offer for sale of up to 148.91 million shares, which would mean that NSE itself will not receive proceeds from the issue.
A mudslide triggered by days of torrential rain killed two people and left 10 missing in Jiangxi province in eastern China, state media reported Sunday. The disaster damaged around a dozen homes in Suichuan County. Rescuers recovered one missing person dead and saved two others, while searches continued.
Prime Minister Narendra Modi identified a araaz fufa character who questions national projects. This relative, familiar in Indian households, asks about the necessity of new initiatives. Projects like the world's tallest statue and bullet train faced such inquiries. Modi stated that essential national work proceeds despite these objections. He gave a distinctly Indian family title to the habitual political skeptic.
Former CDS Anil Chauhan emphasized that China poses a significant long-term security challenge for India. The ongoing boundary issues demand a vigilant stance and robust capabilities. While border disputes define some aspects of India's relationship with Beijing, engagement is essential for navigating the evolving dynamics of Asia. Additionally, the instability in neighboring regions amplifies the threats we face.
New Delhi: After setting a strong foot in the country, digital services major Jio has now set its sights on the global market with made-in-India tech across connectivity, digital products, enterprise solutions, and artificial intelligence, a top company official said on Saturday.Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani, in a letter to employees on 10 years of Jio, said the organisation has built the foundation of Digital India at an unprecedented scale, accelerated
Meta has restored two official posts on the Kerala CMO's Facebook page. These posts announced Onam festival allowance and Nabi Day greetings. The Kerala Chief Minister expressed concern over the arbitrary removal of government communications. The CMO sought a formal explanation from Meta and the Union IT Ministry. They also requested safeguards to protect official government communication handles.
Population enumeration for Census 2027 will occur in Goa and Uttar Pradesh. Punjab and parts of Uttarakhand will also participate in this exercise. Citizens can opt for self-enumeration before the main enumeration begins. This census aims to collect demographic and economic data from households. The exercise was postponed from 2021 due to the COVID-19 pandemic.
Prime Minister Narendra Modi attended Shri Ram College of Commerce's centenary celebrations in Delhi. He praised the institution's alumni as the OGs of leadership in contemporary terms. The Prime Minister traveled by Delhi Metro and interacted with students during his journey. He released a commemorative 100 coin marking the college's 100th anniversary. The event coincided with the national Teachers' Day celebration on September 5.
In a decisive stance, Singapore's government has stated it will not step into Singapore Airlines' investment decisions concerning Air India. Senior Minister K Shanmugam highlighted that upholding commercial discipline is crucial. Air India is pursuing one billion dollars from its parent companies, Tata Sons and Singapore Airlines, with financial backing tied to meeting specific operational benchmarks, especially in light of recent setbacks and geopolitical instability.
Indian Immunologicals stated seized rabies vaccine vials were not its product. Authorities are investigating the source of these substandard and misbranded vaccine vials. The company provided its manufacturing and distribution records for the investigation. Genuine Abhayrab batch KE25012 was released and supplied through authorized channels. This incident follows a previous concern over counterfeit Abhayrab doses in the market.
The Punjab Cabinet approved key policies for paddy procurement and movement in 2026-27. Amendments to Punjab Public Service Commission regulations were also sanctioned by the council. Thirty-three hospital posts were revived, and 138 new healthcare positions were created. Eighty vacant Medical Officer (Dental) posts will be filled by the department. These decisions aim to enhance public services and farmer support across the state.
Iran accused the United States of striking an oil tanker near Kharg Island. The US has not yet commented on the incident, which occurred near a key oil terminal. Meanwhile, Houthi rebels in Yemen blamed government forces for recent deadly attacks. Israeli strikes in southern Lebanon killed three people following a drone launch. These events highlight ongoing conflicts and escalating regional instability.
Russian President Vladimir Putin ordered a three-day halt to strikes on Kyiv. This cessation of hostilities began on Saturday as preparations were made. A United States delegation was scheduled to visit the Russian capital. President Putin was due to meet with special representatives Steve Witkoff and Jared Kushner. The Kremlin spokesman Dmitry Peskov confirmed these details to TASS news agency.
Adani Defence and Indo-Russian Rifles signed a five-year agreement. This pact will supply indigenously produced ammunition for AK-203 rifles. The agreement creates an integrated domestic supply chain for the rifle program. It supports continuity of ammunition availability over the contract period. This strengthens domestic capabilities and self-reliance in defence manufacturing.
Tata Motors has launched a
Foreign investors returned strongly to Indian equities, with August FPI inflows exceeding $3.2 billion. Consumer Services, Financials and Healthcare led buying. HSBC estimates up to $25 billion could enter India if global funds restore neutral allocations, while strong GDP growth, earnings and rupee stability support the outlook.
Tata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets 1.7 billion in savings. The move comes as JLR battles weaker sales, rising costs and US tariffs in North America, its biggest market.
Uttarakhand Chief Minister Pushkar Singh Dhami announced the film 'Hanuman Ansh' will be tax-free. This movie showcases the life and teachings of spiritual leader Neem Karoli Baba. The film has achieved significant box office success after a slow start. It highlights Baba Neem Karoli's devotion, service, and human welfare principles. 'Hanuman Ansh' has become a surprise hit, earning over ninety-seven crore rupees.
Kotak Securities estimates ITC
Edelweiss Mutual Fund will launch Altiva Equity Long Short Fund on September 10, targeting consistent large-cap alpha through derivatives. The strategy seeks Nifty 100 outperformance, lower drawdowns and steadier returns, while potentially sacrificing some gains during sharp market rallies.
A geography teacher in Assam's Jorhat district has won the National Teachers' Award for a programme that sends his students home each day to teach their unschooled mothers basic digital and literacy skills, including UPI payments, smartphone use and reading. The initiative, running for two years, has since expanded to six villages in the region.
Higher workforce productivity could drive nearly 35% of Indias future manufacturing output, according to KPMG. Its analysis found productivity-leading manufacturers recorded stronger profit and market-cap growth, but more than 70% of large companies may need significant changes to achieve the required gains.
Household spending shows a shift towards non-essential goods and services. Alcoholic beverages and tobacco spending saw significant growth, outpacing other categories. Personal care and miscellaneous goods also experienced a notable increase in expenditure. Services sector spending rose, capturing a larger share of total consumption. Essential food item spending increased, with growth in specific product categories.
Foreign portfolio investors poured over $3.2 billion into Indian equities in August, marking their strongest monthly inflow since September 2024. Consumer Services led buying, followed by Financial Services and Healthcare, while Telecom and Power continued facing significant FPI outflows.
Rescuers in Nepal have pulled a Chinese national alive from a hydropower tunnel. This rescue brings the total to three workers found after devastating floods occurred. A woman was also found alive in Nuwakot town and is being airlifted. Over 900 workers remain missing from 12 hydropower projects across Nepal. At least 1,300 people died in the recent floods which caused widespread damage.
Patrick McGoldrick, former Tata Technologies CEO, sold shares worth Rs 165 crore. He offloaded 21 lakh shares, reducing his stake to 0.62 percent. Mutual funds and asset management firms acquired these shares at Rs 785 each. Tata Technologies reported an 8 percent net profit rise for the March quarter. The company had a strong stock market debut in November 2023.
The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal bench hearing his insolvency case. A special NCLT bench stayed approval of a repayment plan, noting a lack of clear majority. Chandra's personal insolvency process revealed a significant disparity in admitted claims and proposed settlements.
Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations. Ethereum and major altcoins also declined, while institutional crypto demand strengthened through ETF inflows despite recent volatility and mixed macro signals.
Five midcap mutual funds delivered over 21% annualised returns in three years, led by HSBC Midcap at 25.1%. Invesco India, ICICI Prudential, WhiteOak Capital and Edelweiss Mid Cap also featured among top performers.
Asian sporting giants converge in Japan for the 20th Asian Games. China remains the dominant force, aiming for a twelfth consecutive top medal tally. Japan leverages home advantage and a diverse range of athletic disciplines. South Korea's badminton stars are poised for significant medal contention. India seeks to surpass its previous medal record and excel in emerging sports.

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