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Systematix initiates coverage on 5 affordable housing finance stocks; sees up to 48% upside potential

Systematix Research has initiated coverage of five affordable housing finance companies with Buy ratings, seeing 28-48% upside from current levels. The brokerage expects the sector to benefit from low mortgage penetration, rising incomes and urbanisation, with most covered companies projected to deliver loan growth in the low-to-mid-20% range through FY29.

31 Aug 2026 3:31 pm
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.

31 Aug 2026 2:57 pm
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.

31 Aug 2026 2:40 pm
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.

31 Aug 2026 2:36 pm
Kaynes Tech, Wockhardt, Persistent Systems shares fall up to 5% as broader markets tumble. What lies ahead?

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.

31 Aug 2026 2:34 pm
India Incs top deck is on the move

2026 may be remembered as the year some of its most recognisable boardroom faces began walking out.From Tata Sons and HDFC Bank to Godrej Consumer Products, Air India, Eternal and Biocon, a string of high-profile exits has reshaped leadership at some of India's most prominent companies.The churn has not been confined to traditional businesses either. At Meta and Uber, two of the most influential technology executives in India have moved on both to OpenAI, underlining a second, more intriguing t

31 Aug 2026 2:29 pm
Priority Jewels IPO Day 2: Issue book over 15 times so far, GMP signals 23% listing gain. Should you subscribe?

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.

31 Aug 2026 1:28 pm
Sukesh Chandrasekhar gets eight years jail for posing as SC judge to influence bail case

A Delhi court sentenced Sukesh Chandrasekhar to eight years rigorous imprisonment. He impersonated a Supreme Court judge to influence a bail proceeding. The court emphasized the need to protect the justice system's integrity. Chandrasekhar received consecutive sentences for impersonation and threat charges. This ruling sends a strong deterrent message to potential offenders.

31 Aug 2026 1:07 pm
Five Chinese students build a low-cost device that lets divers send messages underwater without radio

Five Chinese students have developed DiveGuard, a low-cost underwater communication system that uses acoustic signals to let divers and surface teams exchange short text messages. The project was a finalist at the 2026 Conrad Challenge Innovation Summit and received a Power Pitch Award.

31 Aug 2026 1:05 pm
India needs investment rate of 34-35% of GDP to hit 8% growth: Surjit Bhalla

India needs a higher investment rate to achieve its ambitious eight percent growth target. Private investment revival is crucial for productivity and sustained long-term economic expansion. The current investment-to-GDP ratio supports only about six point five percent growth. Reforms to foreign investment policy and bilateral investment treaties are essential. Government policies and ease of doing business improvements will shape the investment climate.

31 Aug 2026 1:01 pm
Jefferies cuts HDFC Bank share price target but retains Buy after CEO opts out of new term. Heres why

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.

31 Aug 2026 12:59 pm
IMDbPro launches free 12-month premium membership for entertainment professionals in India

IMDbPro is providing free premium memberships to Indian entertainment professionals. This initiative removes financial barriers for actors, directors, and crew members. Eligible professionals can access career tools and networking opportunities. The company aims to support India's dynamic creative community long-term. This move helps artists expand their reach beyond geographical boundaries.

31 Aug 2026 12:58 pm
Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 100-500 crore from MEIL

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.

31 Aug 2026 12:49 pm
Delhi SIR draft electoral roll released: 47.7 lakh out of 1.45 voters excluded, claims open till Sep 30

Delhis draft electoral roll excluded 47.7 lakh electors from the citys 1.45 crore registered voters after a Special Intensive Revision exercise. Those left out can file claims using Form 6 and supporting documents until September 30, with final roll scheduled for November 4. Officials said 97.5 lakh electors were included.

31 Aug 2026 12:42 pm
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.

31 Aug 2026 12:15 pm
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.

31 Aug 2026 12:10 pm
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.

31 Aug 2026 11:59 am
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.

31 Aug 2026 11:37 am
Ather Energy shares rally 4% after launch of Konarc electric scooter at Rs 99,999. Buy, sell or hold the stock?

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.

31 Aug 2026 11:27 am
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.

31 Aug 2026 11:21 am
Novak Djokovic out in US Open 1st round for the first time. Pegula, Medvedev, Kostyuk among winners

Novak Djokovic experienced a surprising early exit from the US Open tournament. Mariano Navone defeated the champion in a lengthy and challenging opening match. Other players like Jessica Pegula and Marta Kostyuk advanced easily on Sunday. Major stars including Aryna Sabalenka and Carlos Alcaraz begin their campaigns on Monday. The US Open venue is undergoing significant renovations and improvements.

31 Aug 2026 11:09 am
Nomura initiates coverage on Clean Max Enviro with Buy call. Check upside potential, key reasons

Nomura initiated coverage on Clean Max Enviro Energy Solutions with a Buy rating and a Rs 1,510 target, implying 21% upside, citing strong growth prospects in Indias C&I renewable energy market. The brokerage expects revenue and EBITDA to grow at CAGRs of 39% and 50%, respectively, through FY29, while Clean Maxs Q1 profit turned positive and revenue more than doubled year-on-year.

31 Aug 2026 11:08 am
$40 million Ferrari, $13 million tax twist: 87-year-old billionaires charity buy could cut his US tax bill

Herbert Wertheim purchased a Ferrari electric vehicle for forty million dollars. This significant charitable donation may qualify for a substantial US tax deduction. The purchase price far exceeded the car's estimated fair market value. New tax rules could limit the deduction for top earners. This situation highlights evolving charitable giving regulations for wealthy individuals.

31 Aug 2026 11:04 am
Who is Venus Williams husband Andrea Preti? Italian actor and director who met her in 2024, supported her through difficult times and now cheers during her tennis comeback

Italian actor and director Andrea Preti met Venus Williams in 2024 and became a key source of support during her personal and professional challenges. The couple married in 2025 after ceremonies in Italy and Florida. Preti has since supported Venus through her tennis comeback and is watching her latest US Open campaign.

31 Aug 2026 11:00 am
Jefferies initiates coverage on Leela Hotels with Buy rating, sees 22% upside

Jefferies initiated coverage on Leela Hotels with a Buy rating and a Rs 675 target, citing Indias premiumisation trend, rising luxury travel demand and the companys owned-led expansion strategy. The brokerage expects strong revenue and earnings growth through FY29, supported by higher room rates, leisure exposure and Brookfield backing.

31 Aug 2026 10:46 am
Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why

Metal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations of higher-for-longer US interest rates. Profit booking after the indexs strong August rally also weighed on sentiment, while Jefferies remained bullish on Hindustan Zinc over Hindalco.

31 Aug 2026 10:43 am
Ashoka Buildcon shares rally 10% after securing Rs 602 crore order from RVNL

Ashoka Buildcon shares surged over 10% after the company received a Rs 602.16 crore order from Rail Vikas Nigam Limited for electro-mechanical works across four railway tunnels in Uttarakhand. The 30-month project is expected to strengthen the company

31 Aug 2026 10:11 am
How 90% IPOs in August beat volatile India market to return up to 72% after listing

In August, a majority of newly listed IPOs saw a successful debut, outpacing the broader market. Approximately ninety percent of these listings are still trading above their original issue prices, with Tempsens Instruments shining brightly by doubling its value on the first day. Despite the selective nature of the secondary market, the future looks promising with a strong IPO pipeline anticipated to carry through September, enabling substantial fundraising.

31 Aug 2026 10:09 am
20 stocks, 100% returns: How retail investors tapped a multibagger wave in deeper Indian market

Retail investors enjoyed impressive returns by picking specific stocks wisely. Over the last year, numerous companies showcased returns exceeding one hundred percent. Sectors like telecom and capital goods led the way, with high-beta and event-driven stocks also providing significant rewards. Ultimately, careful stock selection played a more vital role than merely concentrating on sector performance for achieving these gains.

31 Aug 2026 9:57 am
HDFC Bank shares after Jagdishan: What lies ahead for the countrys largest private lender?

HDFC Bank's CEO Sashidhar Jagdishan plans to retire in October 2026 following a major merger, leaving investors eager for details on his successor and the bank's future direction. The institution encounters hurdles in attracting deposits and enhancing margins post-merger. Experts propose either a temporary internal leader or an external hire. In the meantime, stock performance may remain subdued until the next leadership is established.

31 Aug 2026 9:54 am
49 lakh crore market-cap wipeout! Are Niftys fallen giants bargains or value traps?

India's leading stocks have witnessed a staggering loss of forty-nine lakh crore rupees in total market capitalization. A significant decline has affected forty-seven companies within the Nifty index, with heavyweights like TCS, HDFC Bank, Reliance Industries, and Infosys leading the charge. Analysts are divided over whether these diminished stocks present enticing investment opportunities or merely serve as potential pitfalls.

31 Aug 2026 9:51 am
Sensex falls 300 points, Nifty below 24,100 amid multiple headwinds. What lies ahead?

On Monday, Indian stock indices Sensex and Nifty dipped significantly, with broader market indices like Nifty Smallcap and Midcap also experiencing more severe declines. Major players like Infosys and Tata Steel were among those causing the downturn. In a contrasting trend, HDFC Bank shares managed to rise, reflecting an unusual market sentiment dominated by sellers, leading to more declining stocks than advances.

31 Aug 2026 9:48 am
Annu Projects IPO allotment likely today; Here's how to check your status

The Annu Projects IPO allotment is likely to be finalised today, August 30, after the Rs 175.06 crore issue was subscribed 2.93 times. Investors can check their allotment status through KFin Technologies, NSE or BSE.

31 Aug 2026 9:42 am
Tejas Networks among 6 stocks showing bullish RSI upswing

On August 28, six Nifty500 stocks that gained over 5% were identified using 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.

31 Aug 2026 9:36 am
Lenskart shares to rally 40%? Nomura initiates coverage with Buy, says its growth journey has just started

Lenskart has emerged from challenger to market leader, with Nomura initiating coverage with a Buy rating and Rs 888 target, implying around 40% upside. The brokerage sees a long growth runway driven by store expansion, strong market positioning, vertical integration and a cost advantage, while MSCI inclusion could also attract passive inflows.

31 Aug 2026 9:28 am
HDFC Bank shares gain over 2% as CEO Jagdishan rejects new term; Morgan Stanley, Jefferies, others weigh in

HDFC Bank's Managing Director, Sashidhar Jagdishan, has opted against reappointment, prompting brokerages to uphold their positive stance on the bank's stock. In light of this announcement, the board has hastened efforts to find a suitable successor. Analysts appreciate this proactive approach as it alleviates concerns and promises potential value. Investors attention now shifts to the upcoming leadership transition and its expected impact on future growth prospects.

31 Aug 2026 9:23 am
Ather Energy among 4 stocks flashing bullish signals, hinting at a possible uptrend

On August 28, four Nifty500 stocks that gained over 6% appeared on the White Marubozu bullish scanner, according to StockEdges technical scan data. The pattern indicates strong buying pressure throughout the trading session and can signal potential upward price momentum.

31 Aug 2026 9:14 am
Three SME IPOs open today: Ashutosh Fibre, Shanti Inorganics see strong GMP. Check key details

Three SME IPOs open for subscription today and will remain open until September 2. Ashutosh Fibre and Shanti Inorganics are attracting strong grey market premiums of around 40% and 37%, respectively, while Phychem Technologies commands a more modest 5% premium.

31 Aug 2026 9:07 am
Priority Jewels IPO Day 2: GMP points to 23% listing gains. Is it time to subscribe?

Priority Jewels IPO enters Day 2 with strong investor demand, after the issue was subscribed 1.93 times on Day 1. Retail investors subscribed 3.07 times, while the grey market premium stood at 23%, signalling potential listing gains. Priced at Rs 190200 per share, the Rs 91.05-crore IPO closes on September 1, with analysts recommending subscription for the long term.

31 Aug 2026 9:00 am
ESDS Software Solution IPO Day 2: Issue subscribed 2.10 times so far; GMP signals 78% listing premium

ESDS Software Solution IPO entered its second day with strong investor demand, after the issue was subscribed 2.10 times on Day 1. Retail investors subscribed 2.69 times, while the grey market premium stood at around 78%, signalling expectations of a strong listing. The Rs 720-crore IPO, priced at Rs 408-429 per share, closes on September 1.

31 Aug 2026 8:52 am