The Economic Times

Paluck Technologies, Complete Sports and Management India are set to debut on the BSE SME platform today, showing sharply contrasting grey market signals.

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.

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 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.

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 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.

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.

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 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.

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.

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.

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.

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.

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.

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.

The Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these intense measures. New sanctions face challenges with major trading partners like China. The Strait of Hormuz remains a key point of contention and risk. Both nations face domestic pressures influencing their current stance.

South Korea is considering deploying military assets to support freedom of navigation in the Strait of Hormuz before the end of 2026, according to local media. Options reportedly include a maritime patrol aircraft, logistics vessel or mine-clearing unit, while Seoul says discussions are ongoing and no deployment decision has been finalised.

PayPal has cut around 220 jobs in India as part of a broader, multi-year transformation aimed at simplifying operations and reducing costs. The payments company, led by CEO Enrique Lores, is targeting $400 million in savings this year and at least $1.5 billion over two to three years amid intensifying competition.

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.

Canara Bank plans to raise up to $2 billion from overseas markets under its MTN programme, with the funds to be mobilised through its GIFT City or other overseas branches.

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.

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.

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.

Domestic equities closed mixed as the Nifty saw a slight decline. Elevated crude oil prices are keeping investor sentiment cautious in the market. Foreign portfolio investors were net sellers, while domestic investors bought shares. The Indian Rupee continued its gaining momentum against the US dollar. Several stocks are currently under the F&O ban period.

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.

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.

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.

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.

The popular idea of trees sending messages to one another through a forest is fascinating, but scientists caution against oversimplifying the process. VOC signalling can vary widely depending on the plant species, environmental conditions, chemical concentration, wind patterns and the specific properties of the compounds involved.

The quote of the day by Jenna DewanTheres a reason women are pregnant for nine months; by the end, youre ready to have this baby explores theStep Upstars thoughtful perspective on pregnancy, motherhood and the way time prepares us for lifes biggest changes. Her words offer a powerful reminder about patience, personal growth and embracing new beginnings.

Quote of the day by Lily Tomlin: American actress Lily Tomlin shared a quote about the challenge of staying relevant. She noted that finding interesting or funny commentary on current events is difficult. This reflects the unpredictable nature of creativity and the role of serendipity. Tomlin, known for Laugh-In and Grace and Frankie, has a celebrated career.

Union Minister Shivraj Singh Chouhan urged banks to expedite loan approvals for rural women entrepreneurs. He directed officials to enhance training and establish a helpline for Self-Help Group members. The government aims to provide ten lakh crore rupees in loans over five years. This initiative seeks to empower women and foster economic development across India. Discussions will inform the Financial Inclusion 2.0 agenda for better credit access.

The Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond yields, and geopolitical tensions. Despite strong domestic growth, near-term market direction hinges on global risks and crude oil volatility.

Sebi will review derivative settlement prices after market feedback. The Closing Auction Session's impact on expiry-day settlement is a concern. Traders reported sudden option price swings during the auction window. This review follows the equity cash segment's Closing Auction Session introduction. A consultation paper on proposed changes will be issued soon.

Fosun Pharma plans to divest 5% equity in Gland Pharma through a Rs 2,279.5 crore block deal at Rs 2,763 per share. Gland Pharma reported a 47% rise in Q1FY27 profit and operates globally, with strong R&D and growth.

FCNR(B) deposits could boost banks return on equity despite a mild impact on net interest margins, according to Anand Rathi. Exemptions from reserve requirements, capital-efficient lending and longer tenors could improve returns. The brokerage analysed four scenarios, including deposit costs, leverage and rising rates, to assess the schemes benefits.

Psychology offers one possible explanation for why people may not remember this part of the experience. Attention is limited, and the brain does not constantly monitor every sensation or minor event occurring throughout the body.

India's competition regulator issued a cease and desist order against four trustee firms. These entities were found to have engaged in cartelization and coordinated fee fixing. The Trustees' Association of India enforced a benchmark pricing structure for debenture trustees. This action restricted market supply and eliminated competitive choices for issuers. The regulator warned of aggravated consequences for any future recurrence of such conduct.

Recent leaks have unveiled that Apple's anticipated A20 Pro chip could sport a larger GPU compared to its predecessors. Additionally, it appears set to incorporate a faster memory interface, aimed at enhancing graphics performance. While retaining a six-core CPU configuration, the A20 Pro might feature an upgraded efficiency core cache, promising significant graphics improvements for the upcoming iPhone 18 Pro models and a potential foldable iPhone Ultra.

A small ceramic jug discovered in Russia's Kolomna has revealed more than 2,600 silver coins buried nearly 600 years ago. The remarkable hoard belonged to someone wealthy, but its owner never returned for the fortune. Archaeologists now have a chilling theory about what may have happened to the owner.

Manipur's Chief Minister reported 36,000 internally displaced persons have been resettled. Twenty-four thousand displaced individuals still reside in various relief camps across the state. The government continues providing financial aid to nearly all displaced persons. Mental trauma support and livelihood initiatives are also being explored by the government. Restoring trust and economic activities remains a key focus for the administration.

A synthetic estrogen introduced into a Canadian lake caused a significant ecological shock. This chemical, present in tiny amounts, severely disrupted fathead minnow reproduction. Male fish exhibited hormonal changes and reproductive organ abnormalities after exposure. The fathead minnow population subsequently collapsed, with young fish disappearing. This experiment demonstrated how low contaminant concentrations can yield large ecosystem effects.

Psychological studies suggest that the bond between humans and dogs can mirror strong attachment relationships. Dogs can provide comfort and emotional stability during challenging times. To make separation easier for their pets, owners often develop familiar goodbye rituals. These routines can offer reassurance and predictability, creating a sense of familiarity and care even when owners are temporarily away.