Business Standard

Market experts anticipate the stock could face further volatility till the announcement of his successor

The move could increase the number of publicly listed InvITs to 12-14, widening investor participation and improving liquidity in the infrastructure investment market

State Bank of India (SBI) and its subsidiary SBI Capital Markets Ltd together plan to dilute up to 1 per cent stake in the National Stock Exchange (NSE) through the exchange's proposed Rs 30,000-crore initial public offering (IPO). The bank is participating in the NSE IPO and will dilute a 0.65 per cent stake in the exchange, SBI Chairman C S Setty told PTI in an interview. We are participating in that divestment. We propose to divest 0.65 per cent and 0.35 per cent by SBI Capital Markets becaus

Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm payrolls report, analysts said. Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead, they added. The coming week is expected to remain highly eventful, with domestic GDP data and global economic releases likely to determine market direction. India'

Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35 per cent, and the NSE Nifty dipped 76.35 points, or 0.31 per cent

Consequent to the completion of the acquisition, target company has become a wholly-owned subsidiary of the Company.

In State of Tamil Nadu

At meeting held on 29 August 2026

At meeting held on 29 August 2026

Transformers and Rectifiers (India) announced that it has received a purchase order from Megha Engineering and Infrastructures (MEIL) for manufacturing transformers and related works.

John Cockerill India secured an order worth approximately Rs 200 crore from A1 Iron & Steel Tanzania for steel processing equipment at its plant in Dodoma, Tanzania.

Meta Infotech announced that it has received a renewal order worth Rs 4.08 crore from a private sector bank for providing sustenance services for the period from April 1, 2026 to March 31, 2027.

Ather Energy introduced Konarc, its new electric scooter aimed at expanding the company's presence in the mass-market electric two-wheeler segment.

With gross development value of Rs 10,000-12,000 cr

For Rishikesh Karnprayag New BG Rail Line Project

Tata Chemicals North America Inc. (TCNA), a wholly owned subsidiary of Tata Chemicals, has been declared the successful bidder in the Chapter 11 bankruptcy proceedings of Searles Valley Minerals Inc. (SVM), USA, for the acquisition of North American soda ash customer contracts of SVM representing over half million metric tons customer orders through December 2028.

Aayush Wellness announced the launch of its Lung Care Tablets, marking a significant expansion of its prevention led healthcare vision. Building on the proposition of Aayush Herbal Masala, developed around the health concerns associated with smokeless-tobacco consumption, the Company is now extending its focus to respiratory wellness, addressing the growing health challenges associated with smoking, air pollution and environmental exposure.

Ashoka Buildcon announced that it has secured a Rs 602.16-crore order from Rail Vikas Nigam (RVNL) for electro-mechanical works for tunnels under the Rishikesh-Karnprayag rail project in Uttarakhand.

The Reliance Group on Friday, 28 August 2026, rejected allegations made by Essel Group chairman Subhash Chandra against media entities associated with the group, describing his remarks as baseless.

Jio Platforms, a subsidiary of Reliance Industries, has received an observation letter from the Securities and Exchange Board of India (SEBI) for its Draft Red Herring Prospectus (DRHP) for the proposed initial public offering (IPO).

Large discrepancies in closing values were seen in IndusInd Bank, AU Small Finance Bank Ltd., IDFC First Bank Ltd., and Federal Bank Ltd.

Regulator orders disgorgement of 59.30 crore with interest and directs Debock to bring back 49 crore allegedly diverted from its 2023 rights issue

The offer received bids for 30.76 crore shares as against 6.32 crore shares on offer.

The offer received bids for 2.59 crore shares as against 1.23 crore shares on offer.

The offer received bids for 61.76 lakh shares as against 32.02 lakh shares on offer.

Index of Industrial Production (IIP) data showed that the IIP growth rate for the month of July 2026 is 6.7 percent which was 7.3 percent (Quick Estimate) in the month of June 2026. The growth rates of the sectors, Mining & Quarrying, Manufacturing, Electricity & Gas Supply and Water Supply, Sewerage & Waste Management for the month of July 2026 are (-) 0.9 percent, 7.3 percent, 8.7 percent and 7.4 percent respectively. The Quick Estimate of IIP stands at 124.8 against 117.0 in July 2025.

Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver h

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The Nikkei 225 rose 0.41% to 66,405, while the broader Topix gained 0.72% to 4,147. Japans unemployment rate fell to 2.4% in July, its lowest level in a year, while Tokyos inflation rate picked up to a five-month high in August.

The Shanghai Composite fell 0.11% to 3,952.2, while the Shenzhen Component dropped 0.68% to 13,953.1. Concerns grew after US President Donald Trump indicated that Chinese banks could face sanctions. Reports of a possible 7.5% US tariff on Chinese goods also added to the pressure.

Jio Platforms' IPO will comprise a fresh issue of up to 270 million shares with a face value of 10 each, with the price to be set through book-building

India VIX dropped 3.70% to 10.66

Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook.

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At meeting held on 28 August 2026

RNIT AI Solutions has entered into a Master Development Services Agreement with 1FC Technology (1FC) for the design, development, integration, testing and deployment of technology solutions forming part of the 1FC digital financial ecosystem, comprising the 1FCode financial and wealth technology solution and the 1FC Insure insurance technology solution.

Kabra ExtrusionTechnik under its brand name GEON is set to commence production of high voltage Battery Packs for Four-Wheeler Passenger cars at its Pune manufacturing facility in the month of September 2026.

US refineries are running near maximum capacity at 97.4 per cent, supported by strong export demand.

Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook.

Karnataka Bank has launched the Capital Gains Account Scheme (CGAS), offering customers a convenient and compliant banking solution to deposit unutilized capital gains while planning eligible reinvestments under the provisions of the Income-tax Act.

In the past month, Precision Wires stock outperformed the market by soaring 38% compared to a 0.5 per cent rise in the BSE Sensex.

Ola Electric launches the S1Z, bringing its indigenous Bharat Cell LFP technology to affordable electric scooters.

Just Dial shares rose on high volume, trading at about 2.2 times the 30-day average volume. The stock also crossed its 50-day simple moving average, signalling improved near-term price momentum.

Madhuri Kela portfolio stock: MV Electrosystems listed on August 6; the stock rallied 37% in the last two days, and skyrocketed 80% against its issue price of 425 per share.

Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook.

The regulator is also mulling raising the limit on the size of companies that can list on platforms dedicated to small firms and mandating larger operating profit requirements before listing

From Acuite Ratings and Research

HSBC Global Investment Research initiated coverage on Manipal Hospitals with a 'Buy' rating and a target price of 1,000 per share.

Advent International and Blackstone-backed Aster DM Quality Care are in discussions to acquire a controlling stake in Yatharth Hospital.

Wipro rose 2.36% to Rs 180.56 after the company announced an expansion of its partnership with Google Cloud to accelerate enterprise-wide adoption of Gemini Enterprise and agentic artificial intelligence (AI).